London, United Kingdom–(Vehement Media – April 21, 2022) – Legends of Elumia, an upcoming new play to earn MMORPG, closes its funding rounds with industry leading investors and strategic partners.
The development team is building on their past experience of successful online game releases, by creating a new NFT-based fantasy MMORPG offering focused on fun game play.
Legends of Elumia
Legends of Elumia has been in the headlines recently as it closed its funding rounds, led by industry leaders Animoca Brands, Alameda Research, GuildFi, Cryptology AG, and strategic partners Spartan Group, Crypto.com Capital, Infinity Ventures Crypto, YGG SEA, amongst others. The team at Elumia is passionate about building outstanding fantasy worlds, with their focus on delivering a game that is genuinely fun to play.
Funding Partners
Players wishing to be a part of the game are eagerly waiting for its first Alpha release in Q2 of 2022. Legend of Elumia’s gameplay offers genuine ownership of characters, weapons, mounts, and pets, and in the Elumia City metaverse they also have the chance to own land plots and buildings, and develop business in the game itself.
The team is also keen on evolving the MMORPG business model away from microtransactions, and into the GameFi space, and with it bringing the MMORPG market to it’s next level. Spartan Group said that they are thrilled for supporting Legends of Elumia, which has created an immersive, engaging, and creative world with PvE and PvP elements.
Legends of Elumia has truly emerged as the next-gen play-to-earn MMORPG (multiplayer online role-playing game). Its high-quality graphics and fun gameplay offer a refreshing game-playing experience, integrating MMORPG and metaverse together into a compelling product.
Singapore, Singapore–(Vehement Media – April 20, 2022) – ETH SHIBA, a decentralized and community-based project based on the Binance Smart Chain, is helping increase adoption by providing holders with life-changing opportunities.
ETH SHIBA
ETH SHIBA is a project for Ethereum lovers. The project was created to grow the SHIBA community while rewarding holders with dividends in the form of Binance pegged ETH. Holders can earn up to 8% passive income straight to their wallets based on volume and the percentage of the circulating supply held.
Since its launch, the project has seen significant growth, with active community members growing by the day. The ETH SHIBA team explains:
“With $ETHSHIB, we aim to make a difference in the world, not just in our bank accounts. We understand that SHIBA adoption is inevitable, and through our integrity, we aim to change the lives of people worldwide.”
ETH SHIBA is on a mission to help individuals and their families grow financially and emotionally. The project seeks to nurture ideas and support each other to create the biggest community in the crypto space. ETH SHIBA has the perfect trifecta that includes technology, use case, and a significant incentivizing catalyst to achieve its mission.
Notably, the project is backed by successful businesses and renowned individuals in the crypto industry who bring over a decade of skills and experience.
At the core of the project is the $ETHSHIB, the native token on the platform serving different utilities. By design, $ETHSHIB’s tokenomics seeks to reward all holders and ensure enough funding for other activities such as marketing. There are a total of 1 trillion ETH SHIBA tokens. The ETH SHIBA team has already burned over 2 billion $SHIB tokens from the 500,000,000,000 tokens scheduled to be burned.
$ETHSHIB has reserved 20% of the total supply to provide for liquidity (LP), a non-circulated supply vested and locked for life. Notably, the reserve is backed by 50 BNB injected into the liquidity pool. All LP providers earn pegged ETH.
2.5% of the tokens have been allocated for centralized exchange (CEX) from the total supply. Last week, $ETHSHIB celebrated its first CEX listing after the token got listed on the P2PB2B exchange. Days later, ETH SHIBA finalized its partnership with DigiFinex, which saw the token’s listing.
The development team has created an ETH SHIBA Swap, ETH SHIBA merchandise, ETH SHIBA farm, and a charity foundation. ETH SHIBA swap is a decentralized exchange designed to provide a simple way for new crypto adopters to buy $ETHSHIB. At the same time, ETH SHIBA farm allows the community to stake their tokens to yield upcoming project tokens.
As a community-based project, the charity foundation helps alleviate issues faced by society, such as healthcare, war, poverty, education, and many more. Note, $ETHSHIB relies entirely on community donations. Lastly, when fully launched, the project will have an ETH SHIBA boutique exclusive for $ETHSHIB holders, where they can buy ETH SHIBA merchandise.
The ETH SHIBA team plans to launch a rare NFT collection that will provide exclusive utility in the coming days. Currently, the dev team is working on creating a play-to-earn game.
Hong Kong, Hong Kong–(Vehement Media – April 18, 2022) – DEVITA, a blockchain-based health data platform aiming to optimize legacy healthcare processes and operations through the latest innovations in decentralized Identification (DID) and NFT technology is going live on Polygon.
DEVITA’s technology focuses on introducing the principles of Data Sovereignty to existing health data management processes by ensuring the health records of its users are stored, transmitted, and exchanged securely in a decentralized manner.
Given the scope of DEVITA’s ecosystem, the speed of accessing data and affordability of transactions were two key factors of consideration for market adoption.With Polygon’s network, DEVITA can leverage lightning-fast data transmission and low transaction costs to provide opportunities for more equitable healthcare and personal data management to its users.
“From the beginning, it was clear to us that Polygon’s fast transaction speeds and low fees would be indispensable to achieve our goals. Joining the Polygon network marks an important milestone in our journey,” said Eric Choi, co-founder of DEVITA. He went on to further explain, “Ultimately, our vision is to create the intersection between blockchain technology and the right to better healthcare, because that is what we find meaningful. Polygon’s network, with its capabilities, can be seen as the highway upon which that endeavor truly commences.”
“Furthermore, we couldn’t be more excited at the prospect of gaining exposure to Polygon’s millions of users and their broader ecosystem.”
Polygon hosts some of the biggest Web3 platforms and developers in the industry, from decentralized finance (DeFi) protocols and NFT marketplaces. The network has processed close to 1.5 billion transactions and is now home to over 7,000 decentralized apps (dApps) and more than 130 million addresses.
Take a deep dive into DEVITA’s whitepaper and stay tuned to our blog for the latest on the Polygon ecosystem.
DEVITA
About DEVITA:
DEVITA is a cross-chain data-sovereignty DAPP developed to accommodate for the web3 ecosystem, designed to empower users/individuals for full control of their own data, starting with its initial application towards the health sector.
Addressing the key shortcomings of the legacy healthcare system and providing the concrete means for greater healthcare inclusion and more efficient health data management by employing blockchain technology and creating a network of trust on which the users of the platform can securely store, transmit, and exchange personal health data.
DEVITAʼs core features include:
Proprietary Encrypted Messenger that can do voice and video calls. This will be used primarily for the Telehealth function.
Decentralized Identifier of verifiable credentials: ONE-ID
Decentralized Health Data Storage
On-chain Community Governance
Auction based P2P Health Data Marketplace (To be launched later on)
User engagement across all features is fueled by the native platform token, LIFE.
By facilitating the secure flow of healthcare data in real-time, DEVITAʼs benefits extend beyond those offered by health information exchanges and electronic health record service providers by solving for data liquidity. Utilizing a Peer-to-Peer networking service that features decentralized data ownership improves the Patient-Physician relationship, all whilst adhering to the GDPR, HIPAA, and other privacy regulations.
Digital wealth platform launches program allowing customers to earn up to 1,000 YLD together with their friends
Tallinn, Estonia–(Vehement Media – April 17, 2022) – Yield App, a global FinTech company and digital asset platform, is thrilled to unveil its hotly anticipated Referral Program, which will allow its customers to earn rewards together with their friends.
YIELD APP
The brand new program turns referrals into a game, allowing customers to earn rewards in the platform’s native YLD token for each referral. Existing customers can make as many referrals as they like, and earn up to 1,000 YLD per referral.
A referred customer must sign up for a Yield App account and pass KYC level 2 to begin using the platform. They must then become a Silver Tier member and deploy $1,000 into any Yield App portfolio(s) for 30 consecutive days to earn their reward. At the end of the period, the existing customer and their friend both receive a reward of up to 1,000 YLD, chosen at random.
Unlike other similar promotions, Yield App’s Referral Program differentiates itself by giving new customers as long as they need to accumulate the necessary amount of assets to qualify for a referral reward. Customers can refer as many friends as they like, but they must be a new Yield App customer and each individual can only ever use one referral code.
Tim Frost, CEO of Yield App, says, “We are delighted to launch our Referral Program, which our community has been requesting for some time. Our community of Yielders is a key pillar of our success and we look forward to growing it further with the help of this new promotion.
“Yield App’s mission is to make the power of digital assets available to everyone, everywhere in the world. What better way to do this than by rewarding our loyal customers for spreading the word.”
Yield App believes that everyone should have access to the best earning opportunities. Its mission is to unlock the full potential of digital assets and make it available to the world. To achieve this, it provides an innovative platform that bridges traditional and decentralized finance. At the core of the platform’s strategy is its $YLD token, which rewards loyal community members with a higher yield the more YLD they hold in their on-platform wallets.
For the full terms and conditions of the Yield App Referral Program, please visit our blog.
About YIELD App
Yield App believes that everyone should have access to the best earning opportunities. Its mission is to unlock the full potential of digital assets, combine them with the most rewarding opportunities available across all financial markets and make these available to the world. To achieve this, the company provides an innovative digital wealth platform that bridges traditional and decentralized finance. For more information, visit www.yield.app
New Delhi, India–(Vehement Media – April 17, 2022) – DDOGE takes a step forward to save stray dogs. DDOGE has collaborated with NGOs to help and heal stray dogs who either met an unfortunate accident or are left stranded all alone. The team successfully rescued 487 Dogs, which gave birth to 176 puppies till now. This is just the beginning, as the team, collectively with its strong community, aims to become a helping hand for animals who can not voice their rights.
DABB DOGE
DABB DOGE is a meme cryptocurrency with limited supply and limitless demand. The coin has a bounded supply of 7,777,777 DDOGE tokens and at a very seed stage holds a market cap of 1M $, which expresses the dominating power of DDOGE.
DABB DOGE has already achieved milestones by growing up to 4x since the day it was launched on March 29, 2022. It is also listed on some of the major exchanges including Hotbit, LAtoken, Pancakeswap and is coming shortly on BITMART. DDOGE has 100% liquidity lock.
About DABB DOGE
DABB DOGE is a decentralized peer-to-peer cryptocurrency that instantly sends money to anyone around the world.
The team behind the meme coin keeps its community at heart to achieve long-term success and respect in the market for its holders. DDOGE follows the race of dog coins and arrives with a perfect combination of wit and critique based on its popularity in the marketplace.
Authentic features of DABB DOGE
DDOGE aims to cross the traditional margins of creativity and forge new opportunities for its holders who create enthusiastic memes for the currency. The core feature and value of the meme coin is to deliver complete transparency to its users. It will nurture a productive environment where every community member can foster and grow carelessly without worrying about corruption.
DABB DOGE is stronger together. This crypto coin respects and lives by the motto of its community members and considers no bars while aiming to the moon jointly. The project redistributes the power among its community members across the globe.
The team also plans to launch a staking platform, creating another alternative for users to earn by staking the tokens.
Longevity is the flow of success, and DDOGE focuses on the long-term growth of the entire ecosystem.
The team is highly concerned about the security protocols of the coin to ensure complete accountability to the users. Its primary ambition is to bring trust and accountability to its community with total transparency and security of its holders.
In short, DABB DOGE is all set to join the market of meme coins, with the intention of creating seamless utility for its users packed with long-term growth and a transparent ecosystem.
Las Vegas, Nevada–(Vehement Media – April 16, 2022) – Millionaire Mafia Club ($MMC) launched their long awaited project on the 29th of March on the Solanart launchpad.
Unleashing Millionaire Mafia Club
MMC is principally a luxury rental company exercising an exclusive collection of Solana based non-fungible tokens (NFT).
Holders of the NFT claim part ownership of all MMC assets earning from said means rental income. Exclusive holder benefits also include having access to discounted use of MMC assets depending on the rank of the NFT they enjoy.
From High-Rises to Private Jet’s and Bentley’s, MMC plans to shake up the Web3 space by integrating blockchain technology within a luxury rental company.
Where did begin their Journey?
Millionaire MC INC. is proud to share the progress from over a week’s worth of planning in beginning the real life passion for luxury vehicles and a real life passive income for its holders as promised per the roadmap, Let’s build together Mafiamilia 2022 BMW M850I
Application informationBMW M850I
Further about MMC Properties & vehicles
The original startup properties and vehicles have been chosen by the President and Vice President of the company and will be grounded in Las Vegas, Nevada, since this is also where the headquarters is located.
Once the alternate collection of all MMC NFT is released holders of MMC’s NFT will receive a 50 profit split from the companies rental income dispersed amongst the varying NFT ranks. Holders will also participate in the vetting of future properties and vehicles, as well as furnishing for properties.
The NFTs and how to buy them
The NFTs were launched via the solanart launchpad. Solanart is one of the first and largest completely-fledged NFT marketplace on Solana. They are currently being traded successfully on the solana chain.
Dubai, United Arab Emirates–(Vehement Media – April 16, 2022) – Stripto.io, the world’s first NFT marketplace that allows users to buy NFT products at the guaranteed lowest price, employs a dynamic pricing mechanism. The uniquely designed pricing protocol will entirely revolutionize the traditional way of buying and selling NFT products. The product, NFT marketplace, is set to be released in Q2 of 2022, and the test-net launch is expected to go live in the next few weeks. Users will have to spend $STRIP-the platform’s native token to use this product.
Stripto
CEX listing
Stripto is thrilled to announce the listing of its native token $STRIP being available to trade on Bitrue (a centralized exchange) from the next week. Bitrue ranks 3rd (based on the trading volume data provided by Coingecko at the time of publishing). The $STRIP token will officially list on Bitrue on April 18th at 10 AM UTC.
CEX listing is another major milestone for Stripto and the Stripto community. “We have now added the token to multiple exchanges – both centralized (CEX) and decentralized (DEX), which will help grow our ecosystem by attracting long-term holders, first-time investors, as well as better liquidity”, the team added.
This will also ensure the Defi revolution is gaining international traction with us in the lead. As a result of this progress, we will be able to expand the thriving community at Stripto while ensuring the $STRIP token will receive more liquidity and accessibility.
Product Development
Led and operated by a team of skilled blockchain developers, Stripto is currently in the stage of releasing its product on the BSC test-net this month, followed by a main-net launch. This is a significant milestone to establish the project’s integrity and garner feedback and suggestions to improve its quality.
Powered by the BSC network, Stripto is leveraging an innovative pricing model for discounts and rewards to create/launch/buy/sell NFTs on its marketplace. The $STRIP token is community-driven and has a real use case. Albeit under development, the Stripto marketplace product will, once launched, enable anyone to connect, using a decentralized wallet, to the BSC network, and buy/sell NFTs on the platform. According to the team, the ‘strip the price’ protocol can be exclusively accessed by $STRIP token.
About Stripto
On the Stripto marketplace, every product will have two buying options: a regular listed price and a ‘hidden price’. If a user decides to unlock the hidden price, they can spend $STRIP tokens and unlock it for ten seconds. As soon as a user spends a token, the product’s price drops. The price drops because the stripping protocol deducts the value (current market price) of $STRIP tokens spent on that particular product. In those ten seconds, the product will be exclusively available for the user(s) who are participating at that particular time. This offers a fair chance to every user. The user can quickly decide to buy the product at a shown price or can wait for a further drop in price. Imagine hundreds of people using $STRIP tokens each to unlock the hidden price. The price will keep dropping until someone decides to push the BUY button before the countdown of ten seconds ends.
What’s next?
Stripto recently partnered with Fabwelt – a blockchain-based high-end gaming company. Stripto is now taking a step in the gaming sector. Through this partnership, Stripto will be able to cater to a new community i.e., gaming. Also, the project is in process of multiple tie-ups and planning to get other projects on board before the product launch.
The Stripto roadmap has a number of developments planned during the upcoming months. At its early stage of development, they intend to implement a feedback system that can collect feedback from the users that can be used to improve, evaluate, and implement the platform.
Stripto is set to change the narratives of the NFT industry by integrating its dynamic pricing protocol. Be sure to follow the latest news to learn what’s next for the project.
Shanghai, China–(Vehement Media – April 13, 2022) – Foresight Ventures, a Web3 investment firm, had an essential role in the recently concluded Bitcoin conference hosted in Miami, United States.
Foresight Ventures
Held at the Miami Convention Center from April 5th to April 9th, 2022, Bitcoin 2022 in Miami was a rousing success as expected, with tens of thousands of crypto enthusiasts and industry luminaries descending on the city for the annual event, and Foresight Ventures was there for every thrilling moment as an event sponsor.
Foresight Ventures had a number of goals it set out to achieve during the conference, including forming new partnerships and playing a part in guiding the next generation of Web3 companies toward success. These goals were all met and exceeded, and the firm has advanced a number of its biggest priorities around finding the next major Web3 disruptors.
BitCoin Miami 2022
Since its inception a year ago, Foresight Ventures, the young and dynamic Venture Capital firm has aimed to build its DAO ecosystem across all investment tracks, which it has supported. During the conference, the Foresight Ventures team was focused on achieving the following goals:
1. On-site interviews with Conference sponsors such as Bobby Lee from Ballet Wallet, Etoro, Terra, Yield App, Metis, Illust Space, and others were conducted by the primary news channel Foresight News.
2. Sponsored the Grand Ballroom and formed alliances with top BTC projects to deliver industrial research reports for the upcoming quarter.
3. Collaborated with the Yale Blockchain incubator’s lead and will host a hackathon with the blockchain center to empower the student developer community.
4. Hosted an ecosystem meetup with Illust Space, Zebec Protocol, YBB foundation, BitGet, BitKeep, and many more during the Nolcha show.
5. Attended the Cheetah Mining investor mixer, which hosted over 100 crypto investors from BTC, Layer2, NFT and Metaverse sectors.
Foresight Ventures took part in the Nolcha Shows: NFT Edition powered by TRON DAO on April 6th, presenting extraordinary and diverse artwork through creative programming, engaging activities, and captivating entertainment.
In addition, Foresight Ventures and its partner companies such as BitGet and BitKeep wallet boast an impressive ecosystem spanning all aspects of Web3, from DeFi and NFTs to GameFi projects and blockchain infrastructure as one major brand hosted meetup during Nolcha Show.
During the Nolcha Show, digital NFT art, large-scale sculptures, photography, and paintings by Beeple, Yiying Lu, Zevi G, Kfir Moyal, Mateus, Jason Skeldon, Lawrence Leyderman, and others were displayed on state-of-the-art Canvia canvases, which drew a lot of attention from the attendees.
The event featured a slew of new launches and NFT marketplaces. Among the sponsors and partners are Tron, APENFT, ChainGuardians, Foresight Ventures, BitKeep, Artifact Technology, Courtyard, Nori, D’ussé, Project Galaxy, OCA, The Billionaires Club, and Canvia.
Beeple, Yiying Lu, Zevi G, and 456 Collectors Club, Kfir Moyal, Mateus, Jason Skeldon, and Lawrence Lederman were among the artists featured.
Foresight Ventures has big plans for its role in space. It will continue to collaborate with global blockchain accelerators and provide mentorship to student entrepreneurs through incubator programs. Through hackathon partners such as Avalanche, Arweave, Dfinity, Gitcoin, Dorahacks, and others, the company will sponsor major blockchain hackathons and developer-focused events across various sectors. It intends to invest between $100 and $200 million in Web3 projects over the next three years.
About Foresight Ventures
Foresight Ventures believes that cryptocurrency will define the next few decades of innovation. The firm invests early and makes quick decisions, providing extensive support for projects through its robust ecosystem, which includes major market players such as crypto exchange Bitget and crypto wallet BitKeep. Its founding and partnership team includes veterans from some of the world’s top financial and technology firms who are committed to identifying and supporting the next generation of disruptive players across Web3.
Singapore, Singapore–(Vehement Media – April 13, 2022) – Soul Dogs City, a Solana blockchain-based project, has announced the upcoming release of digital land, native token, staking, and native marketplace as the project expands into the metaverse space.
The Soul Dogs team is on a mission to onboard the next million people into the world of blockchain and cryptocurrency through simple, fun, and gamified virtual experiences.After successfully selling out a 9,999 piece collection of Soul Dogs NFTs in 4 minutes, the team behind the project has focused on building a new type of metaverse that blends social gamification with decentralized finance (DeFi).
The result is the Soul Dogs City metaverse, a web3 browser-based interactive DeFi experience that allows the community to freely explore, own high-quality 3D NFTs, and earn digital currency in an engaging and gamified way.
“Soul Dogs City will be the first “complete” metaverse on Solana. This means you’ll be able to explore a virtual city, interact with fellow citizens in the community, own high-quality 3D NFTs, and earn digital currency to participate in a vibrant economy,” said Sly Doggie, Community & Growth lead at Soul Dogs. “And all of this happens within an engaging browser-based virtual experience powered by the Solana Blockchain.”
Soul Dogs City Metaverse
Old School Meets the Metaverse
Inspired by retro-culture, Soul Dogs takes a light-hearted approach to decentralized finance, what many consider a complex and confusing space. The Soul Dogs City metaverse is populated by high-quality 3D dog characters with varying traits such as retro track jackets, afro hairstyles, throwback NBA jerseys, and clever odes to iconic ’80s and ’90s movies and music.
Soul Dogs City Metaverse
In Soul Dogs City, holders live in a digital Dog House and generate income by sending their Soul Dogs to work to earn BONES tokens. Where can BONES be used? Shopping, of course. At the City Shop, BONES can be spent getting more dogs, a new house, or items to customize and enhance the Soul Dogs City experience.
Soul Dogs City
Setting the foundation for their metaverse, the project launched their $BONES utility token on Raydium Protocol in March which will be followed closely by their digital land, native marketplace, and Job Board where owners of Soul Dogs NFTs can stake to earn $BONES tokens.
Doggie Democracy
Soul Dogs City is governed by a community-controlled decentralized autonomous organization, known as a “DAO”, which will help decide the future development of Soul Dogs City. All $BONES token holders are eligible to vote on City Council initiatives proposed by fellow owners and community members. The primary function of the DAO is to decide when to expand the Soul Dogs City metaverse through the creation of additional Dog Houses, manage project treasury funds, and choose which projects to provide grants through the Soul Dogs City Underdog Fund.
The Underdog Fund is a community grant that provides creators, musicians, developers, and charitable causes with fuel to pursue their dreams. Any Soul Dogs City community members will be able to apply for a grant to help them carry out their own vision. No strings attached.
About Soul Dogs City
Soul Dogs are the primary residents of Soul Dogs City (SDC) – a web3 browser-based interactive DeFi experience that allows users to freely explore an open-ended digital city, interact with a vibrant community, and earn yield through staking Solana-based NFTs. All powered by their native token, $BONES, as the currency to fuel their metaverse economy and governed by a community-led DAO.
Aurora, Colorado–(Vehement Media – April 12, 2022) – SeekTiger innovatively combines blind box, digital tiger NFT, and DAO to build a unique metaverse. SeekTiger is a DAO ecological service platform based on WEB3. The ecological applications include; TIGER DAO VC platform, a chain game aggregation platform, an NFT trading platform, a DEX trading platform, and all platforms governed by DAO, ecology of DAO+NFT+GAMEFI+DEFI.
SeekTiger ecology includes four matrices including capital matrix, guild matrix, NFT matrix and game matrix. In particular, it can bring high-quality, panoramic GameFi experience and services to GameFi players, developers and game operators, and has been widely concerned by the industry.
SeekTiger MetaVerse EcoSystem
In addition, as a DAO autonomous SeekTiger, it also pioneered the Venture DAO model, namely Tiger DAO VC, which further builds a new paradigm of Web3 VC. SeekTiger uses $STI as the ecological governance token. It will serve as the main token that connects various sectors in the ecosystem, and will play an important role in the ecosystem, such as playing new tickets for games within the ecosystem and participating in the ecosystem. Various resolution votes, P2E rewards, and fundraising in Tiger DAO VC, etc. At present, the $STI token has entered the market, and the overall market performance is relatively strong.
1. Backed by the highly potential GameFi track
SeekTiger
SeekTiger itself is a panoramic ecology, positioned in the GameFi sector. It can not only bring high-quality games, P2E and even X-to-earn experiences to gamers, but also target game development teams to further reduce the chain Game development, the threshold of traditional game chaining, and provide financial and operational support. Therefore, from the perspective of the development trend of the GameFi track, SeekTiger itself has considerable development potential. And $STI is an important function and governance token of the ecology.
2. Tiger DAO VC
SeekTiger has pioneered the launch of Tiger DAO VC, a DAO-driven form of VC that is open to everyone.
Tiger DAO VC focuses on a wide range of functions, and it is focused on discovering high-quality blockchain projects. Tiger DAO VC investment fund mainly uses ecological token $STI for investment settlement. In addition to financial support, it will also provide Tiger DAO with a post-investment support plan, including strategic consulting, resource cooperation, market growth, capital relations, etc., providing panoramic support for more blockchain projects before, during and after investment.
3. DAO Medal and Blind Box
The Tiger DAO VC model is for community members, specifically long-tail users. To become a community member, potential members only need to get the DAO Medal of Honor, and at the same time, community members can also enjoy the platform’s proposal, voting, governance, Pledge, dividends and other functions or rights.
The DAO Medal of Honor comes from the “NFT Digital Tiger”, which contains 5 levels of SSR, SR, S, R, and N. Users can exchange the DAO Medal of Honor through the NFT digital tiger according to the rules.
When there are 3 or more types of non-N digital tigers, they can participate in the synthesis of the DAO digital medal.
These digital tigers need to be opened by users through the Tiger blind box (a total of 1 million), of which SSR tigers: the number is 100, the probability of obtaining 0.01%, the number of SR tigers: 1000, the probability of obtaining 0.1%, Type S tigers: 10,000 tigers with a probability of 1%, Type R tigers: 100,000 tigers with a probability of 10%, and Type N tigers: 888,900 with a probability of 88.89%.
Every time a user opens a blind box, they need to consume 10 $STI tokens, and these $STI tokens will be destroyed directly, so as a large number of blind boxes are opened, a large number of DAO medals are synthesized (synthesis also requires $STI consumption), it will also mean that a large amount of $STI will be destroyed, and when all the blind boxes are sold, the total number of destruction would be far more than 10 million.
At present, SeekTiger has successively released NFTs on Binance NFT and Gate, and will be able to exchange for blind boxes.
In addition, NFT digital tigers that have not been synthesized will be able to further evolve and reproduce in the future GameFi ecosystem, which will also be another major destruction scene of $STI.
4. Other deflationary destruction mechanisms
In addition to the above-mentioned destruction mechanism of $STI, $STI also contains multiple destruction sections.
SeekTiger announced last month that it will no longer conduct follow-up IDOs. 5% of the original total will be used for 50 million IDOs. At present, 2 million have been used for IDO, and 10 million of the remaining 48 million have been used for IDO. $STI is used for DAO ecological construction rewards, and the remaining 38 million will be entered into the black hole address and destroyed at one time.
10% of the original total amount of $STI (1 billion pieces) is used for institutional fundraising. At present, SeekTiger has more than 60 real investment institutions. In addition, a related destruction mechanism has also been set up in the fundraising section. In addition, many DEXs are currently listed on $STI, and the $STI token will be further destroyed.
Therefore, in the early stage of the SeekTiger ecosystem, it is expected to destroy more than 100 million pieces one after another.
5. Online high-quality trading platform
At present, $STI has launched the Matcha platform, and it is reported that $STI will also log on to high quality platforms including Gate soon, which means that the potential investors of $STI will have a wider range of radiation. The launch of these platforms is also a positive stimulus for $STI.
SeekTiger on CoinmarketCap
At present, the market value of $STI is only $18.29 million.
The continuous progress of SeekTiger ecology, such as the influx of high-quality games and the launch of Tiger DAO VC, will further empower, and promote $STI ecology. The goal of the “crazy” destruction mechanism of $STI is to destroy 99%, that is, there are only 10 million pieces left, and the circulation could be far less than the rigid demand.
