Frankfurt , Germany–(Vehement Media – November 29, 2021) – Rocket Network, an innovative ecosystem, is preparing to launch its peer-to-peer deflationary cryptocurrency, allowing online payments to be sent directly from one party to another without using an intermediary.
Rocket network is built on the scalable Binance Smart Chain (BSC). The Rocket network has developed a well-structured code architecture that gives the network an excellent feature, deflation, by leveraging the smart chain’s full-fledged environment for developing high-performance decentralized apps. According to their website, Rocket Network is dedicated to developing a crypto asset that can serve as a long-term inflation hedge or a dependable store of value.
Rocket Network also offers fast and low-cost transactions thanks to the Binance Smart Chain (BSC). In addition, the Rocket Network features efficient native dual chain communication optimized for scaling high-performance dApps that require a fast and smooth experience.
Rocket Network employs a system of 21 validators with the Proof of Staked Authority (PoSA) consensus, allowing for excellent transaction speed at a minimal cost. In addition, the proof of Staked Authority enables users to acquire the right to become validators, providing incentives for them to stay in their positions.
The Rocket Network is committed to making RNK coin a “user-centric” token by making it simple to exchange on a volatile market at a low cost. According to their website, the RNK token private sale will end soon, and users can gain early adopter benefits by purchasing the token before it is listed on any exchanges.
The RNK coin is dedicated to realizing its vision of becoming a decentralized traded cryptocurrency in order to help people get out of poverty. The ecosystem is reported to have over 9000 holders looking to capitalize on the massive investment opportunities. The project seems positioned to be a long-term success and a convenient and cost-effective choice for users to make dApp transactions cheaper.
Frederick, Maryland–(Vehement Media – November 29, 2021) – Shibnobi (SHINJA) is an innovative deflationary token aiming to revolutionize DeFi, introducing a multi-chain swap (DojoSwap) across Ethereum (ETH), Binance (BNB), and Polygon (MATIC).
Led by developer Cliff Fettner, Shibnobi focuses on developing a user-friendly multi-chain swap in the DeFi ecosystem, having rewards for the early participants. Its vision is to grow Shibnobi into the leading DeFi protocol, a one-stop-shop for all traders on EVM-compatible networks, and usher in an era of user-friendly and intuitive cryptocurrency trading for DeFi novices and experts alike.
Shibnobi
On 15 November 2021, Shibnobi launched on the Ethereum (ETH) network, listed on both Uniswap and FegEx, and has scheduled upcoming launches on the Binance Smart Chain (BSC) in December 2021 and Polygon (MATIC) in January 2022.
DOJOSWAP:
DojoSwap is conceptualized to address the lack of user-friendly tools across EVM-compatible networks in DeFi. DojoSwap will be built on a decentralized AMM system leveraging liquidity pools powered by users to enable seamless crypto trades across multiple chains.
Instead of dealing with an order book, or utilizing multiple exchanges on different networks (i.e. Uniswap on Ethereum, PancakeSwap on Binance, and QuickSwap on Polygon), users can swap their tokens directly on DojoSwap regardless of which network they are trading on. This will be achieved through the upcoming launches of Shibnobi (SHINJA) on both BSC and Polygon, along with bridging.
Users will have the ability to stake their tokens in the liquidity pools and earn growing rewards traditionally made exclusive to the middlemen of centralized exchanges. Liquidity providers will also have the option of staking their LP tokens in secured pools to receive additional rewards.
Launch on Binance Smart Chain (BSC) – December 2021
Launch on Polygon (MATIC) – January 2022
Shibnobi Bridge – December 2021
Shibnobi NFT Sale – Q1 2021
CEX Listings – December 2021 onwards
DojoSwap.Ninja V1 – Q1 2022
Shibnobi (P2E Game) V1 – Q3 2022
SHIBNOBI (SHINJA) TOKENOMICS:
SHINJA is the native token of DojoSwap with a total supply of 69 sextillion tokens. Total supply is broken down as follows:
Team and founders: 7% locked in for 1 month
Token sale: 12% (Vested with distributions over 8 weeks)
Partnerships and exchange listings: 28%
Ecosystem (staking, scheduled burns, etc.): 40%
Uniswap: 13%
SHINJA is a deflationary token that gives users real-time value and rewards, with a 13% transaction tax:
Liquidity pool: Price appreciation through a 5% tax distributed to the liquidity pool.
Marketing and development: 5% tax used to promote and grow the Shibnobi ecosystem.
Instant-staking: Passive income for SHINJA tokens holders by way of a 3% reflection tax.
Scheduled burns: >34% of the total supply burned since launch, with upcoming burns making SHINJA deflationary.
ABOUT THE TEAM – DEMOCRATIC ACCOUNTABILITY:
Shibnobi is led and developed by CEO Cliff Fettner, a blockchain and fintech expert with over 25 years of experience in software engineering. Core team members include Chief Marketing Officer (CMO) Ell Ceee, and graphics designer André Santos.
The core team is fully doxxed to the Shibnobi community, and have also undergone KYC with external third-parties (https://app.airnfts.com/nft/SHIBNOBICOM_1637602211268). Lead developer Cliff Fettner has embraced an ethos of democratic accountability, which has fostered high levels of trust and transparency within the community.
The Shibnobi team seeks to change the game, by destroying the plague of anonymity and uncertainty in the decentralized web, aiming to be the rare MEME Coin in existence that will be transparent and fully secure.
A centralized dashboard for crypto investors to track all their dividends in a single place
Jakarta, Indonesia–(Vehement Media – November 29, 2021) – Doken introduces the Dividend Hub – a place for all crypto investors to track their reflection in a single dashboard. A one-of-a-kind project that is already breaking records. Doken Token Coin has been breaking records. It is one of the first to provide that many utilities in such short time, what’s more, Doken recently crossed the mark of 2200 holders and is getting back to its 1M market cap (ATH at 2M market cap) in less than a month of launch. The holders of Doken have already received $185 000 $BUSD just in rewards. The project was listed with CoinGecko and CoinMarketCap a few days after the launch.
Doken Token
Doken comes with a lot of utilities, and is not just “a meme coin”. The Company recently launched the Dividend Hub, and will also provide staking in the next few weeks.
Crypto investors in today’s world have access to numerous projects that offer reflection as a reward of holding a token. However, most of these projects come with broken rewards dashboards. Some don’t even have a dashboard to keep track of rewards. That’s where Doken – Dividend Hub comes into play.
Any dividend token out there will be able to use Dividend Hub and develop a dashboard effectively. Those investors who are already registered as developers will only need to enter their token addresses and they will be directly taken to the rewards dashboard page of Dividend Hub.
The process of registering a project with Dividend Hub is quite easy. Dividend Hub provides the chance to get hold of a dashboard instantly within the website. As of now, Dividend Hub is supporting smart contracts, which are implementing the DoKEN Dividend Hub Interface. In the future, Dividend Hub will provide support for many other projects. If a project is already created with a different interface, it is possible to create a proxy contract and register with Dividend Hub. The proxy contract will act as the middleman in this situation.
There is a simple three-step process to register a project with Dividend Hub. Anyone can start this process by entering the token CA or proxy CA. Then it will do a compatibility check and finalize the integration. At the end of this process, Dividend Hub will create a comprehensive dashboard for tracking and claiming dividend rewards.
The Dividend Hub project was recently launched, and it doesn’t want to function only as a hub for dividends. In the near future, Dividend Hub will be introducing limit swap functionality. This functionality would benefit everyone who wants to set limit order and does not have time to watch charts every minute. Moreover, Dividend Hub will be offering numerous other utilities for users in the future as well.
Price and Market Information about Doken: With a 24-hour trading volume of $25 000, the price of Doken is $0.00000105 as of 24 Nov 2021. PancakeSwap (v2) is presently the most popular trade for buying and selling Doken Token. Doken Token is a Binance Smart Chain-based decentralized cryptocurrency token.
Dokenomics:
Daily Passive Income Doken: 8% $BUSD Reflections BuyBack & Burn:1% Circulating Supply: 826 599 999 882 Liquidity: 2% and lock for 2 years PancakeSwap/Poocoin:Navigate to PancakeSwap or Poocoin and enter the token contract address: 0xf9A2d40589271Be17612A3F57A9028A568f56e3d Tolerance for Slippage: Slippage tolerance set from 15% to 16% is suggested
Many analysts and cryptocurrency gurus are identifying Doken Token as one of the best investment in the cryptoverse for 2021 and 2022.
Find out more by joining one of Doken Token’s already active communities:
Singapore, Singapore–(Vehement Media – November 29, 2021) – MetaversePro, a fork of Olympus DAO, is launching a metaverse reserve currency. It is built to operate on BSC.
The Value Proposition of MetaversePro
Over the past year, numerous projects took off on BSC, covering everything from NFT sales to GameFi and DeFi solutions. As the developers of MetaversePro see it, GameFi offers the most natural entry point for a metaverse reserve currency.
For that reason, one of the key goals of the project is to provide GameFi developers with the support they need to build and launch new projects. It plans to offer itself as a platform for launching new assets, purchasing necessary GameFi infrastructure (like NFTs, NPCs, and Tokens), and securing startup funding.
By building relationships with GameFi projects at their inception, MetaversePro hopes to gain a foothold within the worlds they create. The idea is to speed the adoption of the META token across as many GameFi projects as possible, thus uniting them all together into a single coherent metaverse economy. And to get there, MetaversePro is already beginning to lay the necessary financial groundwork.
How MetaversePro Works
Because MetaversePro is a fork of Olympus DAO, it shares many of its core tokenomics. These include:
Each META token is backed by a deposit of $1 worth of BUSD, which is the predominant stablecoin on BSC today.
Only the protocol itself may mint new META, and the process is autonomous.
The protocol will act to maintain price parity by issuing new META or repurchasing and burning META as needed.
META has no rebase mechanism, and all new tokens go straight into circulation and repurchases come directly from the open market.
By putting those mechanisms to work, MetaversePro maintains the stability of META. But that’s not all it has in common with Olympus DAO.
MetaversePro also makes use of protocol-owned liquidity (POL), which is one of the major innovations introduced by Olympus DAO. It’s a mechanism whereby the platform owns the assets that guarantee its liquidity. Because those assets earn liquidity pool fees, the platform’s liquidity is self-perpetuating.
On top of that, MetaversePro also functions as an investment vehicle through its staking system. In it, holders of META can stake their assets to generate long-term passive income. And those investments receive protection from the automatic rebalancing of the currency’s value.
Connecting to the Metaverse
There’s one more major function of MetaversePro that it shares with Olympus DAO. It features a bond issuing system that serves as the main income source for its treasury. And in MetaversePro’s case, it’s the way the platform will integrate with existing and upcoming metaverse projects. The platform is capable of issuing flexible-term bonds to meet the needs of individual projects, all while delivering profits back to the treasury.
Because MetaversePro is a community-driven project, the bond rates are set by the platform’s stakeholders. That means that participants have an active say in how the bond issuance system works and how much profit it will produce for the platform as a whole. To start, MetaversePro will offer two primary bond types, which are:
BUSD
META-BUSD LP
Together, the two bond types make it possible for users to secure the capital needed to meet launchpad requirements, carry out NFT drops, or satisfy MetaversePro Whitelist roles.
The Road to Launch
MetaversePro has already published a roadmap that puts it on track to complete its launch next year. And it has a substantial head start over any potential competitors. Because it’s based on the smart contracts that power Olympus DAO, the developers didn’t have to build the platform from scratch. And that also means that the code that will power MetaversePro is already vetted and known to work as intended with no security vulnerabilities.
For that reason, the developers expect to have the platform’s DAO online before the end of this year. They also expect to initiate the platform’s first two long-term investments and increase the platform’s bond offerings to a total of four or five types. Those milestones should lead into 2022, during which the developers intend to launch the platform’s lending function and launchpad, as well as to conduct an NFT drop.
London, United Kingdom–(Vehement Media – November 29, 2021) – Scallop‘s mobile banking application soft launches today, 29th November 2021, across all 27 countries in the European Union. The Scallop App will initially soft launch – with 4 of Scallop’s 10 products; banking accounts, digital cryptocurrency wallets, fiat to crypto exchange and Ledger Hardware Wallet integration. The remaining 6 products – Scallop Debit Cards, Scallop Pay, Earn Accounts, Multi-Currency Wallets, NFT Marketplace, Scallop Chain – will be rolled out in the upcoming months by Q1 2022.
Scallop will provide banking accounts with full IBAN codes to residents of the 27 European Union countries. Users can make use of the accounts for daily activities such as receiving salaries, setting up direct debits and sending/receiving money to anyone, anywhere in the world.
Crypto-focused users can make use of the direct link between Scallop’s banking accounts and Scallop’s digital crypto wallet or Ledger manufactured hardware wallet for seamless exchange between fiat and crypto, and vice versa – thus removing the need for multiple intermediary third party platforms or exchanges. By expediting the process of crypto to fiat conversion, Scallop envisages to bring cryptocurrency adoption further mainstream, as it allows users to almost instantaneously access their digital funds and use them for daily transactions.
The app launch follows just one month after Scallop’s token (SCLP) launch which successfully debuted in the first ever Initial Blockchain Offering (IBO). The SCLP token can be used to access various products, features and rewards within the Scallop App. For example, users can obtain exclusive Elite Membership by staking $2500/month of SCLP.
SCLP is also the gas fee for Scallop’s own blockchain – Scallop Chain. Gas fees are paid by users who trade cryptocurrencies on the platform and use Scallop’s in-built on/off ramp for fiat and cryptocurrency conversions. Institutions can pay management fees on the platform in SCLP too. Scallop Chain is scheduled to go live in Q2 2022, with the testnet launch rumoured to be out by the end of Q4 this year.
Raj Bagadi, Founder and CEO of Scallop, said:
” We’ve worked tremendously to reach this point and we’re extremely excited to finally soft launch the Scallop App. This is an important step in our trajectory, as we aim to bring digital assets to mainstream use by providing the tools for adoption. The launch will offer European crypto users a far more efficient way to manage their digital assets and actually use them in the real world. We have already begun processes to onboard users to our innovative platform across all the countries in which we are going live.”
About Scallop
Scallop is a one-stop solution for crypto and banking services. Scallop aims to bridge traditional and decentralized financial worlds and promote the general usage of digital assets by providing the tools for adoption.
Estonia, Kärdla–(Vehement Media – November 29, 2021) – Yearnlab is a multi-chain yield optimization ecosystem constructed on Binance smart chain (BSC). It is a decentralized cross-chain protocol to manage digital funds effectively across multiple blockchains. Its effective strategies give the opportunity to experience seamless yield farming across different blockchain. Decentralized networks are permission less and trustless platforms, where auto intermediaries perform transactions to avoid repetitive tasks.
Yearn Lab
Challenges Faced by Yearnlab
Yield farms are assumed as a reliable source of generating passive income through utilization of one’s crypto. However, the market for yield farms has become denser over the years due to high supply of new yield farms every now and then, in order to generate short term profits. Users stake their funds in liquidity pools for a short term given amount of time in order to earn rewards and shortly after that they opt for other newer yield farms. This process loses the integrity of a platform to maintain its community. Yearnlab offers certain features to retain its strong community.
There are several other benefits that users can acquire from Yearnlab besides it’s advancements in technicalities of staking, and governance.
No Profit Restrictions
Yearnlab does not put any restrictions on its users regarding profit taking. Users on yearnlab platforms can earn without any limitations. Simply, provide liquidity to the liquidity pool. In this way, the liquidity pool owe users funds and pay them back in means of Yearnlab tokens.
Low Fees and Fast Transactions
Yearnlab offers its users the facility of lower transaction fees and faster delivery. The team knows how much users dislike higher gas fees and any other hidden charges. To counter their concerns they bring them the facility of lower fees and faster delivery in one platform.
Personal funds security
Personal funds security is another crucial concerning factor for most investors. The fear of falling in the hands of black sheep refrain most investors from trying new investing opportunities to generate passive income. Yearnlab is concerned about its users. Hence yearnlab offers a completely secure platform that does not have any loopholes or information leaking holes. Yearnlab ensure the safety of end users’ funds from malicious actors.
Rug-pull protected
That’s why Yearnlab staking contracts are time-locked. This means every action our developers or administrators perform is broadcasted publicly 24 hours before it can be executed. This gives our users plenty of time to secure their funds before an administrator, developer, or hacker could move them.
In addition to the time-locks, the team has made sure to remove any trace of ‘migrator’ code. A migrator code is often used to perform rug-pulls and theft by allowing the developer of a contract to move the pooled liquidity out of the platform, so they’ve made sure that there is no possibility of this happening, even if our team gets hacked or attacked. Also, liquidity will be locked for 10 years.
Deflationary token mechanics
Yearnlab believes that today’s high-yielding farm ecosystems suffer from hypercontraction. NS. A very sharp drop in the general price of tokens in the blockchain. This creates a deflationary spiral, lowers the valuation of tokens, lowers the annual rate (APR), lowers the demand for tokens in general, and lowers deposit levels. This scenario creates a deflationary environment that does not serve the interests of stakeholders
Among other benefits that Yearnlab aims to offer its user base are:
Cross-chain liquidity aggregation protocol
High security smart contracts
Multi-chain staking as a service
Creation of native tokens
Asset farming on multi-chain
Larger base of native currency Binance coin users (BNB)
and an efficient platform to entertain a large number of users at a time.
What is MultiChain Yield farming?
How YLB Works
In MultiChain Farming assets, Liquidity Providers (abbreviated: LPs) provide liquidity to the protocol’s different liquidity pools either based on ethereum/bsc/polkadot. Liquidity pool is simply a smart contract that contains money in it. These pools allow users to borrow, lend or exchange tokens. Those who provide liquidity get rewarded.
Yearnlab Staking Pools
In MultiChain Farming assets, Liquidity Providers (abbreviated: LPs) provide liquidity to the protocol’s different liquidity pools either based on ethereum/bsc/polkadot. Liquidity pool is simply a smart contract that contains money in it. These pools allow users to borrow, lend or exchange tokens. Those who provide liquidity get rewarded.
Yearnlab Staking Pools
Yearnlab let users stake $YLB tokens, or newly generated tokens in their described names. These tokens will be backed by Yearnlab. These tokens will then provide users other benefits too. Moreover, Yearnlab provides multiple pools for liquidity providers, YLB/YLB, YLB/BNB, YLB/BUSD. In addition to that, YLB provides an Upto APY of 150,384.84% Upto DPY of 412%.
Create Token with Yearnlab
People who believe in the success of their idea/startup or brand, can create a token with 3 simple steps and raise funds through pre-sale using different ICO platforms or ILO. Once they raise enough funds they can get community support and provide liquidity for their native tokens.
Yearnlab is a cross-chain protocol. Unlike its counterparts, Yearnlab’s aims to bring the most updated service of DeFi to its users. A smooth and reliable trading between heterogeneous and homogeneous blockchains is the top priority of Yearnlab.
Mission and Vision
Yearnlab made sure to have a team on board which shares similar values like us to yield the best output for the user base. The company aims at providing the best user experience. A fast, reliable, easy-to-use platform that gives top-notch financial opportunities to manage funds smartly while also making it a user-friendly platform. $YLB aims to make this platform a decentralized cross- chain protocol. That provides services across multiple blockchains in order to seamlessly connect heterogeneous blockchains. Our team members have put their blood and sweat into this project to give it the existence that it has now for the sake of convenience only. Team will continue to make advancements in our platform according to feedback, demands, and requirements. Yearnlab platform started with BNB only and with future advancements, $YLB aims at adding other blockchain options to pick from for providing versatility in this platform. Moreover, the team encourage extensive experimentation on our platform to bring the best out of our Yearnlab.
To know more about this visit our website to learn about the technicalities of this project on our whitepaper.
London, United Kingdom–(Vehement Media – November 29, 2021) – Stay in Destiny World announced that it release multi-verse play-to-earn game which offers best of entertainment along with passive income.
This is where the play-to-earn model becomes more monumental. As with the boom of NFTs, players can play and be rewarded in cryptocurrencies and assets through NFTs. Stay in Destiny World is a DeFi NFT meterverse game that aims to offer the best of both worlds; entertainment and passive income through Action Role-Playing Game, rare crypto-collectibles, Farming Strategy and different community building activities.
Stay in Destiny World, which is backed and advised by reputable Blockchain investors such as ZBS Capital, Maven Capital, Asteroid Capital, Poolz Ventures, among others 20 VC all share a long-term vision with the unique project and are committed to helping it reach the global market.
Stay in Destiny World is looking to demonstrate the true purpose of game NFTs, which is to generate passive income for players as much as they enjoy themselves. A game that requires minimal financial investment upfront, non-complicated and unique gameplay, and an ecosystem built on the principle of money flow in the crypto space. When asked why they created the project, the team made it clear that:
“Stay In Destiny World Game is creating a multi-universe; players play the game to earn money and support themselves. The project will demonstrate game NFT’s true purpose, which is to generate financial flow in the blockchain industry.
“Each action you take, from as simple as a mouse click to more involved activities like racing, hoarding, and marketplace trading, contributes to your profit. We guarantee that you will not waste time playing games purely for entertainment purposes and then becoming bored. This is a game in which you can invest, speculate, trade, and eventually own a large number of NFTs and other valuable assets,” they added.
Stay in Destiny World is already into strategic partnerships with a lot of heavyweights in global marketing, security, funding and more. And with a vast and experienced team, they aim to build a game economy built on the infinity deflation method, which means that supply will never meet demand.
The project’s utility token, $SIW, will be used in a lot of ways in the ecosystem including to generate more passive income for holders. Players can use the $SIW token as payment in the marketplace, to upgrade their in-game equipment, can be locked to participate in community competitions, and as well staked to earn $MOLA, which is also crucial to the game’s ecosystem for more in-game rewards and treasure hunts.
Users can buy NFT characters and equip it with numerous wearables and consumables which also are NFTs and are naturally born at the start of the game. They rise in value purely based on the activities of the players and can be traded in the marketplace.
With the rise of play-to-earn and GameFi projects especially after the success of Axie, there is no stopping metaverse and play-to-earn projects as they will be the next leg up for the crypto space and offer it up for mainstream adoption. When this happens, solid and true GameFi projects like Stay in Destiny World will surely get recognized alongside major projects like Axie, as one with a lot in store for everyone, and more to come.
About Stay in Destiny World
“Stay In Destiny World” is a DeFi NFT game with multi-gameplay combined including: Rare crypto-collectibles, Action Role-Playing, Farming strategy & Community Building. The team aims at creating a Multi-universe where players play the game to earn money and support themselves. We aspire to be a minor component of Metaverse, but a critical component of the future of valuable GameFi products, helping to establish a common and effective bridge connecting blockchain and human society.
Manila, Philippines–(Vehement Media – November 27, 2021) – Ran x Crypto, creator of the play-to-earn game RXC, announces a public sale of the $RXC native token on November 26, 2021, at Aegis Launchpad.
RXC World
Ran x Crypto is an online game app for Windows, created using play-to-earn game mechanics based on the Binance Smart Chain.
To start playing, you will need to purchase an NFT – character with a $RXC token, which can be exchanged for PancakeSwap for $BNB. The character is purchased on the internal NFT Marketplace, the RxC Marketplace.
NFT – Characters are divided into several classes with their own unique characteristics. And are also divided into male and female genders.
With two characters of different gender, the player can create his own NFT-character, which will inherit randomly generated traits of “parents”.
The game is currently in alpha testing at BSC Testnet, and anyone can check out the gameplay and key features.
The game’s economy is based on two tokens – $RXC and $DNA.
$RXC is a platform service token for purchasing characters, in-game items, and other platform activities.
$DNA is a game token that gamers receive for in-game actions, such as completing quests, and it is also used to create new characters.
Aegis Launchpad will host a public sale of the $RXC token on November 26, 2021, which is open to anyone who wants to participate.
Tokenomics:
Token: $RXC.
Network: Binance Smart Chain
Total Supply: $80,000,000 $RXC
Public Sale: $7,000,000 $RXC
TGE 40%,
60% linear vesting schedule for 180 days
RXC project has proven to be reliable and secure due to the smart contract audit by Solid Group.
Also, the project collaborates with a lot of gaming guilds from the GameFi industry and has more than 20 streamers on Facebook with a total of more than 10 million followers.
“In a world full of players, the only way to set yourself apart is to be the game-changer.”
If you’re interested in this project, you can learn more about it at the official resources:
Singapore, Singapore–(Vehement Media – November 27, 2021) – A new game BitBow which is a Play-to-Earn and Entertainment now available on GameFi Space.
What is BitBow?
BitBow is a shooting-themed GameFi game that focuses on casual competitive gameplay. Players can start or stop playing at any time, earn tokens through PVP or PVE combat, upgrade weapons or buy skins with tokens, and gain higher combat effectiveness to pass the game or defeat other players.
BitBow has no entry threshold, and players can get free props as soon as they start playing the game. After winning each battle, players can earn tokens, limited skins, popular NFT, and other rewards. All revenue earned by players, whether tokens or NFT, can be swapped in the marketplace of the game. This is actual Play to earn.
BitBow
Main Ways to Play the Game
1.PVE
Players progress through the game to earn TAR tokens and materials to upgrade their weapons. There are a total of 40 levels in PVE, and players will receive TAR tokens for each level they pass. The number of points earned during the level determines their ratings by the time they passed the level. The higher the rating, the more tokens they will receive.
2. PVP
Players can take part in PVP and defeat their opponents to get rewards. PVP consists of the field of ARR and the field of TAR and is divided into four categories of bronze, silver, gold and diamond. Players can enter the corresponding category of PVP and battle with other players. Both sides of players need to inject a certain number of ARR or TRR tokens into the prize pool before fighting, and the winner can get all the tokens in the prize pool.
3. Tournament
Players can earn marksman points and exchange for rewards through participating in individual competitions or team competitions after joining a club. Individuals or teams that win the tournament will get marksman points, which can be exchanged for lotto tickets. Players can use lotto tickets to draw prizes or sell them on the Marketplace.
BitBow’s four strengths
1.Game experience
The development of NFT games is bound to be a process from being crude to masterpieces, from the simple pursuit of income to the combination of Play To Earn and entertainment. The final NFT game should be based on entertainment, supplemented by Play To Earn. Only in this way can NFT games really stand out.
The entertainment of BitBow is comparable to many traditional games. BitBow games have PVE level mode, PVP arena mode and gameplays such as equipment upgrades, clubs, which makes it more entertaining. Its page design is exquisite and the levels with diverse themes in the game can bring users a rich sense of exploration. The close-to-reality operating experience and brilliant skill release in the game allow players to experience the thrill of fierce battle. In addition, there are various battle experiences such as individual arenas, team arenas, and tournaments, which enhance players’ sense of honor and interaction among players.
Although the entire GameFi sector is still at a very early stage, BitBow’s gaming experience has surpassed most projects.
2.Tokenomics
Tokenomics is at the core for NFT game projects.
Many projects often use profit models with high return when they start in order to quickly obtain traffic and funds. However, this high return is not sustainable. After early players make high profit and stop playing, the project faces huge selling pressure in the token secondary market. The resulting sharp drop in prices will lead to a sharp decrease in revenue, which will push more players to withdraw, forming a death spiral, and ultimately leading to the collapse of the project.
The BitBow project pursues a long-term principle and adopts a dual token model. There are two types of tokens circulating in the game: ARR and TAR. ARR is a governance token, mainly used for community governance, while TAR is a functional token, mainly used for scenarios such as character upgrading, purchasing props and restoring physical strength in the game.
BitBow’s tokenomics is designed to strictly control the output of tokens, so the market circulation is slowly increasing. It is more conducive to subsequent market value management and can prevent high inflation and uncontrollable prices. There are many scenarios for the burn of tokens in BitBow. For example, for each transaction in the market, a part of ARR tokens will be directly burned. Apart from that, some ARR consumed by upgrading weapons and synthesizing skins will also be directly burned. The team is also gradually enriching the application scenarios.
Although BitBow’s tokenomics will not take effect quickly, it can make the game more playable and its life cycle longer. In this way, although it may go slower, it will proceed more stable. BitBow is willing to spend more time in exchange for a more promising future with more growth potentials.
3. Ecological aggregation
The BitBow team has also launched Bitverse.
Bitverse, as a one-stop GameFi aggregator, provides game developers with a complete technical solution, including API interface, technology module, wallet support, etc. In addition, Bitverse provides a rich application development framework and flexible deployment mode in terms of application, making it easy for developers of different types to quickly access it and build applications.
Bitverse is also an incubation platform on which GameFi projects can initiate fundraising from the community. Bitverse can provide projects with resources such as traffic, capital, to help them complete cold starts. It also provides liquidity tools such as staking and mining tools to help them improve tokenomics design. In addition, the ecological support of BitBow’s game display, guilds, and communities can allow the game to quickly acquire users and expand its influence, enhance its circle-breaking effect, and widely attract users outside the blockchain field to play the game.
Up till now, BitBow has reached a cooperation with the Loot project Paragon. Paragon NFT holders can generate new NFTs in the BitBow game, including characters and equipment. By combining the high scalability of Loot projects and the gameplay of BitBow, we strive to visualize Loot to create a metaverse ecology highly scalable.
4.Team strengths
BitBow team members have many years of experience in game production, which means the team has a deeper understanding of what a game is in nature. It is willing to invest more energy and resources in the game itself, meanwhile it has the ability to promote the iteration of games. All of these ensure that the game is more playable and fine-designed to greatly enhance users’ stickiness to the game.
In order to make the game scene more eye-catching and satisfy players’ pursuit of gaming experience, the team has spent nearly two years on the game’s image design. Visually, BitBow adopts the industry’s highest level of technology stack and design elements so that players have visual enjoyment while playing the game.
The team has achieved good results in the game market in Southeast Asia. The predecessor of BitBow has gathered more than 40 million users in the traditional game field, with the number of daily active users up to 700,000. The monthly advertising revenue alone exceeds $400,000 USD. BitBow can stand out by activating its old users, a unique advantage that other projects do not have.
Summary
As more and more traditional games enter the blockchain market, the way players get revenue in games seems limited in the past when making money in a game is often a byproduct of playing the game. In addition, gamers and investors don’t interact with each other in most cases, so they don’t feel attached to each other very much. In response, game teams now leverage blockchain technology to confirm ownership in game. In this way, players can take ownership of all game assets instead of developers alone enjoying all the game values.
This is the biggest change brought by blockchain technology in terms of assets. Right now, most traditional games only focus on the remold of asserts in its transformation while ignoring its most original function, which is to provide entertaining, novel and narrative games. As a result, projects will suffer a significant loss of users after the wealth effect fades away.
Inspired by GameFi, a new financial model, BitBow combines the fun of traditional games with the profitability of blockchain games. The game caters to the cultural and entertainment preferences of young people and allows players to relive the beauty of their childhood throughout the whole narrative of the game. While enjoying the fun of the game, they can also obtain corresponding income. This distinctive strength allows the game to maintain a healthy development after its transition into blockchain game.
Singapore, Singapore–(Vehement Media – November 27, 2021) – The volatile nature of the cryptocurrency market has always been a significant concern for investors and project developers alike. To tackle the uncertainty, BurnDoge is introducing a hyper-deflationary ecosystem that also has a reward mechanism The uncertainty caused by price fluctuation has been a constant setback for many projects leaving investors at a loss.
Things, however, have significantly changed thanks to token burning that allows project owners to create stability for their cryptocurrencies. The practice of token burning has helped many projects in the cryptocurrency industry create a stable environment for the crypto token in question. Usually, the process involves permanently removing a specific number of tokens from circulation for deflationary purposes.
From a single burning process following a successful Initial Coin Offering (ICO) to periodic burns, project developers either repurchase or take available currencies out of circulation to create value for their token.
Introducing BurnDoge
BurnDoge is a community-driven meme token created on the Binance Smart Chain. BurnDoge hopes to become a fully decentralized hyper-deflationary environment while rewarding its community. BurnDoge offers its community cheaper gas fees and faster block speed. BurnDoge, one of the fastest-growing cryptocurrencies of its kind, is making milestones through its rich values that include community, trust, transparency, and longevity.
Launched in August 2021, BurnDoge is a fully decentralized project that allows the average person to engage in the cryptocurrency marketplace while burning coins simultaneously. The process is automated, reportedly bringing confidence to users.
What is excellent about BurnDoge’s burning mechanism is that it creates value by reducing the number of coins in circulation, which helps stabilize the value of the token. The automatic burning process also helps build a lasting commitment with its community. Unlike other communities who constantly ask and worry about when the promised token burn will occur, the automatic burning process brings assurance within the BurnDoge community.
According to the BurnDoge whitepaper, the team explains:
“Our team has decided to launch BurnDoge on the Binance Smart Chain (BSC) and lock liquidity on PancakeSwap to help avoid unreasonable gas fees. By having a low gas fee and decentralized exchange, BSC has become one of the most widely used blockchains for Decentralized Finance (Defi). BSC uses a token protocol developed by the Binance Team called BEP-20 known for its lightning-fast block speed.”
Additionally, BurnDoge has one of the most exciting tokenomics in the market. The project has a redistribution and auto burn mechanism created to reward 4% of every transaction to holders. These rewards are paid through the project native token, sent automatically to the users’ wallets after every transaction. Notably, the 4% distributions are calculated based on the size of the transaction and then distributed to holders proportionally depending on the number of tokens they hold. Notably, the more BurnDoge token that is actively traded, the more rewards are granted to the holders.
BurnDoge tokenomics
BurnDoge has a total supply of 10 quadrillion BurnDoge tokens. From these, 43% will be sent to a burning wallet. The project tax breakdown includes allocating 4% for automatic burn mechanism, 4% for automatic reward to holders, 5% for auto liquidity pool (LP), and 2% for a marketing wallet. Every transaction with BurnDoge will incur 15% fees, of which 5% will go into the Liquidity Pool.
BurnDoge’s roadmap is rich and exciting for the community, promising to add various vital developments.
Currently, BurnDoge is holding a voting event for its own website on Coinfomo (www.coinfomo.cc). Coinfomo serves as a utility platform where various tokens across Ethereum and Binance Smart Chain network promote their website. So far, BurnDoge ranks top with over 3672 votes from the community. Note, the BurnDoge token will be advertised on their platform 24/7 365 days throughout the year. The project will also be holding a contest with CMC upcoming, offering participants free airdrop for more exposure.
Lastly, BurnDoge primarily runs on volunteers and donations from its community. Note, donations by the community go towards increasing awareness through social media influencers and other awareness campaigns. The donations also will help in exchange listing and platform and community development.
