In this article, we'll discuss information about the Microverse project and MVP token. What is Microverse (MVP) | What is Microverse token | MVP token?
Microverse is a decentralised world-building platform that allows users to build, play and engage in a vast world with endless opportunities to create captivating experiences. Built with the latest blockchain and VR technologies, combined with the innovative concepts of DeFi, NFTs and GameFi, there are countless possibilities and outcomes to be harnessed within the world. Users will have full reign to explore this extended reality space, and they can enjoy exciting game mechanics, social networking activities and a wide array of products and services that promises to deliver a fun and dynamic journey.
The Microverse world is a virtual space formed by a limited number of 13,810 pieces of PLOT. Users can buy and own virtual PLOTs (represented by BEP721-tokens), collect exclusive BEP20-based NFTs and collectibles, and have fun developing and utilizing their assets (avatars, buddies, wearables, in-world items, tools, etc) within Microverse. Landowners are free to develop their PLOT however they wish, and they can also choose to monetize every aspect within. There is only a very limited number of PLOTs in the Microverse World, and users can acquire them using MVP tokens. The in-world economy will be completely driven by MVP tokens, which will be used for everything ranging from microtransactions to the purchase of goods and services, and will provide users with a sustainable in-world economy in an all new parallel universe.
Heavy emphasis has been placed on how the world approaches social interactions via technology as we aim to bring like-minded people from around the world to play, socialize, and build a strong community together. While games like Fortnite and Minecraft has given the world a glimpse at the metaverse, Microverse promises to deliver a brand-new experience that aims to empower users as they craft out their identity and purpose in the digital world. At Microverse, we believe in an open system of the future, and we are building the infrastructure to make it easy for everyone to thrive and prosper within this borderless universe.
The metaverse is considered the latest iteration of technology, giving rise to a whole new realm of possibilities. People have grown up being well-accustomed to technology, and many have become digitally literate at an early age. It is now customary for people to cultivate a digital identity, whether through social media platforms such as Facebook, Instagram or Twitter, or even sandbox or role-play games such as Roblox or World of Warcraft.
Over the past few years, the gaming and tech industries have come together to bring in new breakthroughs in the metaverse concept, creating expansive digital worlds in a real world that has gradually been digitized as a result of the COVID-19 pandemic.
To some, the metaverse serves as a bridge between the physical and digital world, offering unprecedented scale, interoperability and interactivity. Why spend thousands of dollars on an air ticket when you can have the same breath-taking view through a VR headset? To many others, the metaverse can be considered a successor to the world wide web, along with the same commercial and revenue opportunities that the Internet once had.
Whether it’s gaming, socializing, advertising and more, the metaverse represents a whole new realm of endless possibilities, and this is something that the Microverse World is looking to capture. Microverse will accelerate the development of the metaverse, and will play a pivotal role in the formation of a brand-new identity for users as they develop a digital life within its all-immersive world.
The Microverse World
The Microverse World will be one of the most ambitious decentralized worlds created to date. It will be a virtual space formed by a limited number of 13,810 PLOTs of virtual land. At the start, every PLOT of land will be sold at a fixed rate, and landowners can choose to resell them in the secondary market. Ownership of all PLOTs will be documented on Binance Smart Chain as an NFT (BEP-721 standard), and can be easily transferrable to another landowner.
Each plot of land will be 10 metres by 10 metres, and landowners can control every aspect of the content within, provided that they do not violate in-world rules. These contents can range from static to dynamic 3D images, or even systems that players can interact with, such as a cafe, museum, or gaming arcade.
In total, there will be 9 different ZONEs around the Microverse World, and PLOTs of land are distributed unequally. That is to say, every ZONE will have a different number of PLOTs, and users would be able to construct different types of buildings in each zone. For example, they can build an igloo in a snowy zone, giant sandcastles in a desert zone, or bamboo houses in the wetland. There will also be designated areas within each ZONEs for important constructions like a Central Business District, residential areas or mega malls. These concepts would be constantly refined before Microverse’s Alpha build release, and there would be more options available to differentiate between the different themes within each ZONE.
While each PLOT of land has the same dimensions, they will differ in utility based on their location. Some PLOT may enjoy higher foot traffic due to their proximity to various hotspots, while some zones may be more valuable than others as the Microverse World develops. In the future, PLOTs of land can also be rented out with the help of smart contracts.
Microverse aims to offer a comprehensive ecosystem with rich functionalities that would appeal to all types of users, and we believe that this would give rise to newer and more unique revenue streams in the decentralized commerce sector.
Microverse will position itself to be one of the leading brands within the virtual reality space, giving users unprecedented freedom in the exploration of a new frontier, where they can use the latest technologies to network, play, and cultivate a new market with millions of users.
Micro NFT will be Microverse’s NFT developmental arm; it will showcase exclusive NFT artworks that can only be found within the platform, and most of the NFT artworks will also be delivered with a physical copy.
Periodic collaborations will be held with top-tier celebrities and influential figures to release limited edition NFT products. For example, users would be able to encounter new song debuts or never-seen-before manga artworks through Micro NFT.
At the start, Micro NFT will be the only platform that can mint new NFT products, and will be the only avenue whereby users can purchase and collect NFT products. 25 different collections of NFTs will be released in the first stage, each with diverse artwork that can promote inclusiveness, creativity thinking and cultural values. In total, only 10,000 NFTs will be released.
In the past, virtual reality was often seen as a gimmick in the gaming industry. However, the advent of new technologies means that there are now VR games that are actual AAA titles that can deliver epic adventures with engrossing narratives. This is something that Micro Engine is looking to build and expand on.
Micro Engine will be Microverse’s AI and VR game development arm, where we aim to develop engaging and fun games to elevate the gaming experience of users within the Microverse. These games promise a whole new level of immersion compared to the experience of playing on traditional games consoles, and there are no limits to the type of genre that can be released. For example, there can be dancing games that can capture the fluidity of your movement via motion capture, or high-energy shooting games that would test your aim and reaction. Gamers can also team up with their friends in real-time to clear co-op missions, such as escape room puzzles or role-playing adventures.
Micro Engine will support a multitude of game engines, such as Unreal Engine 4, Unity, GameMaker and Godot. We would also partner with established studios such as Ubisoft to release new games that Microverse users can experience first.
Micro Boxes will be Microverse’s airdrop platform, and users can participate in virtual games and activities to receive RNG-based rewards, such NFT artworks, products or even MVP tokens.
There are multiple ways to earn Micro Boxes. For example, users can get rewarded with Micro Boxes as login rewards, or if they participate in in-world activities, events and promotional campaigns. It will also be possible for users to purchase these boxes with MVP tokens.
There will be seasonal rewards that would coincide with major events and festivities, such as Christmas trees or snowman NFTs that users can display within their PLOT of land. Sponsored content would also be released in collaboration with major companies, such as seasonal NFT fashion apparels and accessories.
Every player within the Microverse World will have access to Micro AMP, a one-stop crypto asset management platform that can support major network chains such as Ethereum-based tokens, Binance Smart Chain tokens, and a host of other coins from different growing ecosystems. Users would be able to transfer their digital assets freely to another user or to an external cryptocurrency exchange or wallet. There would be a maximum limit imposed for daily withdrawals, and the limit would be dependent on the user’s KYC status and security level.
Aspiring traders can also use MVP tokens to unlock premium features in Micro AMP, such as AI automated trading services or premium analytics and evaluation of market conditions. The platform would also provide tools that offer traders of all skill levels an efficient way to manage their investments, without the need for a third party or manager to handle their portfolio. The platform also serves as a secondary marketplace for NFT products, and users would be able to trade, auction or bid for NFTs here using MVP tokens.
Micro Mining is responsible for powering the entire Microverse ecosystem, and over 51% of MVP tokens will be made available through liquidity mining. Users would need to choose a liquidity pool that suits their risk appetite and financial situation, and then purchase the necessary cryptocurrencies to stake within the pool. They will then be rewarded with MVP tokens based on their share of assets within the pool.
Emphasis has been placed on equitability, and this means that rewards would not go entirely to whales who have staked huge amounts of cryptocurrencies in the liquidity pools. There would be a weighted score that will increase a user’s rewards beyond their share of assets within the liquidity pool, and the score is determined by how long the user have participated in the liquidity mining services. There will be different liquidity mining options to serve users with varying needs, allowing everyone to benefit from the platform.
Micro Club serves as a central gathering hub in-world for fans around the world, providing social networking and engagement activities that can be segregated according to themes and hobbies. Micro Club also serves as a social news aggregation and discussion platform, and there would be a series of networks where people can dive into their hobbies and passions. Users can submit content such as images, news, GIFs to facilitate discussions, and they can also volunteer as moderators that are responsible for upkeeping the peace and rules within the platform. In turn, they would be rewarded with Micro Boxes and MVP tokens. This ensures that the platform can be self-sustainable where it will be monitored wholly by community members. Additionally, user-generated content would create a positive feedback loop by attracting newer users into the platform, who will further contribute and increase the value of the platform.
Micro Foundation is an important element of Microverse to help shape a better world. It affirms our commitment towards improving the community in which we live and work in, and encourages our users to work with charities and community organisations in whatever ways they can.
The foundation will support a wide array of charities. At the start, we will work with World Vision to help vulnerable children overcome poverty and experience the fullness of life. Users in Microverse can vote for the charity of their choice every quarter, and the chosen charity will be supported via a series of fundraising campaigns. We believe that choosing a shared charity would unite the community to make a true difference, as everyone can lend their support towards achieving a shared goal.
There will be exclusive NFT collections designed in conjunction with these campaigns, and all proceeds will be donated to the chosen charity. Users can show their support by purchasing these NFTs, or they can also choose to donate MVP tokens directly to the charities.
There will be a designated fundraising target for each campaign. Once a certain target has been achieved, both NFT creators and collectors who have contributed will receive Micro Boxes as reward.
The in-world economy is completely driven by MVP tokens, which will be used for everything ranging from microtransactions to the purchase of goods and services, and will provide users with a sustainable in-world economy in Microverse’s all new parallel universe.
Official Ticker: MVP
Total Supply: 1,000,000,000
Standard: BEP-20 (Binance Smart Chain)
Breakdown: 51% community mining, 15% team, 14% ecosystem development, 8% marketing, 7% supernodes, 5% MV foundation
Utility of MVP Tokens
MVP tokens will be our in-world currency. Based on the BEP-20 standard, MVP tokens will be vital to the Microverse’s economy, and will facilitate seamless transactions at a far lower cost compared to the Ethereum network. For ordinary consumers, transactions performed on the Ethereum network may be prohibitively expensive, even after the London hardfork. The Microverse team decided to choose the Binance Smart Chain for the Microverse platform’s native token as it offers just as much utility as the Ethereum network, and can offer higher throughput, and similar functions such as NFT minting and smart contracts. Microtransactions will be fast and at a low cost, which would help players interact seamlessly within the Microverse World without any concerns for transaction costs.
Users can also use MVP tokens to purchase PLOTs of land within the Microverse World, at a rate of 10,000 MVP to a PLOT. MVP tokens used for land purchases will be burnt permanently and removed from circulation, thereby ensuring that the network maintains a deflationary model. MVP tokens will also be used for the resale of PLOTs within the secondary market, and a portion of the transaction fees charged for the sale will also be removed from circulation. NFT collections will also be periodically launched by the Microverse team, and only MVP tokens will be accepted for their purchase.
MVP token holders can also participate in liquidity mining, and they can stake their MVP tokens to receive periodic rewards. In the future, NFTs can also be staked, and users can receive unique rewards in the form of exclusive NFT products and bonus returns.
How and Where to Buy MVP token?
MVP has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy MVP token.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since MVP is an altcoin we need to transfer our coins to an exchange that MVP can be traded. Below is a list of exchanges that offers to trade MVP in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase MVP from the exchange.
The top exchange for trading in MVP token is currently: CoinW
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SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.
A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.
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The SafeMoon Token Clone Development is the new trendsetter in the digital world that brought significant changes to benefit the growth of investors’ business in a short period. The SafeMoon token clone is the most widely discussed topic among global users for its value soaring high in the marketplace. The SafeMoon token development is a combination of RFI tokenomics and the auto-liquidity generating process. The SafeMoon token is a replica of decentralized finance (DeFi) tokens that are highly scalable and implemented with tamper-proof security.
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🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
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“The DeFi token development like SafeMoon was initially launched in March 2021 and created huge hype among global users. It is noted that more than 2 million holders have adopted this SafeMoon token in recent times after its launch in the market. The DeFi token like SafeMoon has hit the market cap for about $2.5 billion. This digital currency has experienced a steady increase in its price value to top the crypto list in the trade market. The future of cryptocurrency is expanding wide opportunities for upcoming investors and startups to make their investments worthy.”
The SafeMoon like token development is becoming more popular in the real world, making investors go crazy over these digital currencies since their value is soaring high in the marketplace. The DeFi like SafeMoon token has grabbed users attention in less time when compared to other crypto tokens in the market. The SafeMoon like token exists on the blockchain for the long run and does not rely on any intermediaries like financial institutions or exchanges. It has a peer-to-peer (P2P) network that benefits global users from experiencing fast and secure transactions.
SafeMoon is considered a decentralized finance (DeFi) token with great demand and value in the crypto market. It is mainly known for its functionalities like Reflection, LP Acquisition and burning. The DeFi token like SafeMoon functions exactly like tokenomics of the reflected finance, and it is operated through the Binance Smart Chain framework. It is a combination of liquidity generating protocol and RFI tokenomics in the blockchain platform. The launch of the SafeMoon token eliminates the need for central authority like banks or governments to benefit the users with secure processing at high speed without any interruption.
The SafeMoon tokenomics describes the economic status of the crypto tokens and has a more sound monetary policy than other competitors in the market. However, it is figured that investment towards DeFi like SafeMoon tokens has a higher potential for returns to benefit the investors in future and the risk associated with it is less. The total supply of SafeMoon tokens is estimated at 1,000,000,000,000,000, and 600,000,000,000 of these tokens are still in circulation. Burned Dev tokens supply is calculated as 223,000,000,000,000, and the shorthand is 223 Trillion. The Fair launch supply is closed around 777,000,000,000,000, and it is circulated for about 777 Trillion.
The SafeMoon like DeFi token development is currently the fast-moving cryptos and struck the market cap for about $2,965,367,638. The SafeMoon token price value is found to be $0.000005065 that lured a wide range of audience attention in a short period. The total supply of tokens in the present is one quadrillion tokens.
The SafeMoon Protocol is considered as community-driven DeFi token that focuses on reflection, LP acquisition, and burn in each trade where the transaction is taxed into 5% fee redistributed to all existing holders, 5% fee is split into 50/50 where the half is sold by the contract into BNB and another half of SafeMoon tokens pairs with BNB and added as liquidity pair on PancakeSwap.
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The reflect mechanism effectively allows token holders to hang on their tokens based on percentages carried out and relying upon total tokens held by owners. The static rewards play a significant role in solving a host of problems to benefit the investors with profits based on the volume of tokens being traded in the market. This mechanism focuses on satisfying the early adopters selling their tokens after farming high APYs.
The manual burns do matter at times, and sometimes they don’t. The continuous burn on any protocol is efficient for a shorter period, which means there is no possibility of controlling it in any way. It is necessary to have the SafeMoon like token burns controlled and promoted for further achievements over community rewards. It is possible that even manual burns and the amounts to be tracked down easily and advertised. The burn strategy of DeFi like SafeMoon token, is beneficial and rewarding for users engaged over the long term.
The SafeMoon protocol ensures to take the assets automatically from token holders and locks them for liquidity. The main intention is to keep the holder in touch with the performance of the SafeMoon token by preventing the dips from whales when they are adopted for the mass trade-off.
The DeFi like SafeMoon token, has great price value in the trade market with fewer fluctuations.
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ERC20 has emerged as one of the most groundbreaking solutions in the crypto sphere. Using this token standard, it is possible for you to produce a large number of tokens with ease and convenience. Moreover, with an ERC20 token development company, it is possible for you to have a productive base of digital currencies. With this particular protocol, it is possible for you to have a profuse framework.
For an investor, Ethereum becomes a very valuable solution. With its help, your business gets to have an enhanced production capacity. You can take the soundest financial decision using this protocol and bring the best for your business. Besides that, you get to follow a large set of guidelines that streamline all the functions of this network.
With an inclusive structure that incorporates smart contracts and cryptographic functions, this platform helps you understand the core function of blockchain. Also, it allows you to be oriented with the mainframe of blockchain. The very innate merits of this platform help you in redefining the mechanism and it helps in giving you more standardized tokens.
The issuing of coins and other activities get more optimized and you start to create a more reliable network of tokens. When you do that, your enterprise attains a higher level of control and you protect the overall. Besides creating and streamlining the tokens, ERC20 also does a great job of giving you a fair estimate of tokens. It gives you a profound view of the business and helps you get sure about the results.
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Once you have embraced the power of ERC20, you witness a wave of changes that can impact everything in your business. The devising of distinct properties along with their dominant pathways allows you to do many things than you can imagine. It alters the whole thing expedites the process of making decentralized assets. Also, when you have a purposeful accord, you get to bring changes that help in the curbing of prices.
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From designing the ICO to protecting the rights of investors, this technology enables you to do everything. Also, you get to bring changes in the most proficient ways that cannot be aligned in the centralized mechanisms. Whether you have a crowdfunding campaign or an open-source mechanism to take care of. The promotion of the tokens becomes an easier job and you have more inputs to share as well.
Before you start to give more time to the tokens, it is very important that you have a more productive mechanism. With this protocol, you get a certain path to follow and you enable yourself to get ahead in every possible way. The issues get resolved in no time and you execute various codes without going through many issues. The possibilities of crowdfunding get more functional and you spread the word about your project.
The most predictable things also get pervasive in this blockchain and outcomes get much more productive with time. When you get on the better side of the non-fungible side, you safeguard the vastness of digital space. The distinct tokens maintain their entity and they help in protecting the unique attributes of Defi as well. Whether you have an idea of grim prospects of neglecting crypto, you get to see some unfavorable things as well.
There are so many aspects of this technology that get tackled with deftness and alacrity. Also, you get to bring more opportune offerings and spread them among a large number of people. The decentralized applications can give you that type of result and they can give much more efficient as well. The early adopters of this solution are currently reaping the fruits and are being ahead of others in gaining profits.
In order to make the most of this technology, you must have a clear idea of its usage and adoption. Also, you should understand all the options and give more time to the raising of capital. Out of the methods of creating tokens, you need to be more careful about the proportionate adoption of results. The full-fledged results give you the ability to protect the betterment of tokens, they also enable the businesses to achieve endless feats.
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At the time of applying the tokens, it becomes very important that you have the time and means to bring more changes. The dominant factors of this technology let you have a perpetual effect and it gives you better results every time. Also, the partial adoption of the decentralized ledger assists you in streamlining the focused entities as well. It also provides you a more accountable disposition in terms of investment.
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