Blockchain
NFTs to Space – ElonVerse, a Unique NFT Playground
An exciting non-fungible token (NFT) project with a unique theme, ElonVerse, is launching on the Binance Smart Chain. With an exclusive supply of 10,000 unique funny Elons, which it calls its NFTs, ElonVerse gives investors ample opportunities to customize each of them on its minting platform. ElonVerse combines three profitable DeFi activities on a single platform playfully — an NFT minting and competing platform, an old school dating app that pays too, and reward tokens.
Each NFT, with all its associated metadata including media address, descriptions, and attributes, is stored on a blockchain that guarantees its uniqueness, thus making it non-interchangeable. Any form of digital media such as photo, video, audio, and text can be used to create an NFT, in a process widely known as the minting of the NFT. ElonVerse’s NFT minting platform is home to thousands of funny and unique Elon NFTs, allowing every community member to mint their own until the exclusive supply runs out.
The inclusion of a blockchain-based game gives additional purpose to the ElonVerse, allowing NFT holders to put their best NFTs before the community. Members of the ElonVerse community can vote for the NFTs they like the most. It’s like a competition. The best NFTs decided by the community vote will get rewarded with ElonVerse utility tokens.
ElonVerse’s profitably crafted tokenomics provides investors with passive income in DogeCoin. Members get 5% of the token value they hold in DogeCoin, which perfectly fits the ecosystem, being the favorite cryptocurrency of Elon Musk. Further, the platform reserves 5% of the transaction amount for marketing and development of the project and payments for ongoing advertisements, games, and platform development. Moreover, they commit a 2% liquidity fee and a 2% Jackpot fee. The amount reserved for liquidity is burned, leading to a sustainable ecosystem by keeping an upward price floor. The Jackpot fee goes towards the Jackpot pool, which is used to pay the prize to the winner of the NFT competition.
Members joining the platform become part of an ever-growing club that will be increasingly supportive and profitable over time. A member’s NFT works as one’s digital avatar in the club.
One of the most exquisite features of the ElonVerse is its Exclusivity. The 10,000 Elons are the only NFTs that will ever be minted, not a single one above this. If they are gone, they are gone forever. No more later introductions will take place. This makes every Elon an exclusive asset to the owner as well as the platform. When a member buys an ElonVerse NFT, that member gets everlasting, exclusive ownership of that NFT; The Crypto Company allows the owners to use their NFTs in whatever ways they prefer, including flaunting, gifting, or selling it to other members of the platform. The platform features a showcase to enable users to display the NFT to the community. This lets members vote for their favorite NFTs.
One of the most spectacular things users would love about ElonVerse’s NFT game is its collection of marvelous Elons. Each one represents a human in a different look and mood. With such a vast diversity of figures to choose from, every user can find their favorite look that all members can appraise on the platform.
With such a beautifully crafted game, ElonVerse is set to let its users feel like being in space with the famous Elon Musk, guiding their way in their adventurous journey to a deep and fascinating crypto space.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
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Blockchain
CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo
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Blockchain
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