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vEmpire DDAO: The Fight for Decentralization Begins as Its NFT and Token Launch Looms

Team Bitcoin Daily

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The word decentralization applies in almost every detailed project currently involved in the crypto-verse. However, there’s practically no ideal situation where the word should coexist with centralization in any way. Sadly, we live in a world where Decentralized Autonomous Organizations (DAOs) have willingly sunk into centralized concepts. If Satoshi were around to see the future decentralization at the moment, would he jump in joy? This is where vEmpire comes in.

vEmpire is a Democratic Decentralized Autonomous Organization (DDAO) that plans to revamp fairness and decentralization back to DAOs. The project lives by the word that rewards belong to those who portray loyalty and honour in decentralized organizations. It is calling out those going astray, who give the power to their own pockets rather than their communities.

Everyone Seems Fine; Why Fight for Decentralization Now?

Founders and big-time investors in the Metaverse & DAOs today control significant aspects of decentralized communities, including monetary features. Other parameters such as voting rights, issuance of NFTs, and coins mainly depend on how deep the investor’s pockets seem. If you take a step back, you will realize we are continuously drawing ourselves back to centralized governance in a ‘decentralized world.’

Although unnoticed, the essence of control belonging to the community slowly skids away. Centralization essentially means people with higher positions have a more prominent voice within a community, a feat Englishmen call Capitalism.

vEmpire would like to remind stakeholders in DAOs that everyone should have a say. Token holders are just as important as they stand, and without them, an organization is meaningless. Its first target is the Metaverse group, where big players slowly get away with reaping profits from centralized practices.

vEmpire: Amplifying the Voices of the Unheard

Decentralized projects such as Decentraland, Decentral Games, Sandbox and Upland operate in ways where decisions lie in the hands of stakeholders. Surprisingly, not many people notice these projects have somewhat become a monopoly of the Metaverse group. 

For instance, Metaverse Group has a digitized Real Estate Trust program where users sell their properties, and the former mischievously sells the land back to them at massive premiums. vEmpire identifies the unfairness and firmly suggests these atrocities must stop at once. The project plans to invade these “Decentralised” Metaverses by allowing staking of Metaverse tokens onto its platform, these will then be used continuously to buy land, monetising then reinvesting to gain an overwhelming presence in any Metaverse they set their sites on.

Eventually vEmpire wishes to birth a Metaverse of its own, a home planet where token holders who stake their tokens, just like MANA, will have the potential for massive yields while upholding true decentralization.

Users can also earn profits by participating in games using the Empire’s gaming token VEMP or by solving the project’s NFT puzzle, besides staking and selling the assets.

The VEMP Token: Fueling the Conquest of Decentraland

The VEMP token is the native token of the Empire. It is also a currency for trading NFT card battle winners, stakers, liquidity providers and the DDAO at large. Since vEmpire targets the heads of decentraland, VEMP is a perfect way to lead MANA token holders back to decentralization.

Moreover, since decentraland only involves MANA, the Empire plans to integrate VEMP and MANA into the ecosystem.vEmpire aims to buy the virtual assets from Decentraland, including Estates and Land, and monetize as well as customize them in the likes of the Empire. 

This initiative will help decentralized communities get back control. All proceeds collected after the sales of properties will be distributed back to the DDAO. Learn more about the Fight against Decentraland here.

Token Presale and Tokenomics

The journey begins as vEmpire stands as an incubated protocol on Unicrypt, a protocol that has hosted about 450 projects with only four of them passing the strict criteria to become incubated. Users can participate in the Public Sale of vEmpire’s Gamer Token VEMP on Unicrypt’s ILO  scheduled on 31st August at 2000H BST. 

The initial total supply of VEMP stands at 90M. Minting of VEMP tokens will then proceed as follows;

  • After one to three years,VEMP will be minted at 20 per block
  • In the next four to twelve years, the number comes down to 15 per block 
  • After that, in thirteen to nineteen years, it comes to 10 per block
  • In 20 to 21 years, the minting will stand at 5 per block 

With all parameters tallied in, the total supply stands at 810,720,000 VEMP. 

xVEMP: Governance to the DDAO

Users can stake their VEMP tokens to earn xVEMP, which immediately enables them to earn rewards and hold voting rights positions. xVEMP holders earn the right to collect profits from card battles and monetized land. This subsequently and automatically should skyrocket the value of xVEMP tokens which can be redeemed for VEMP at any time. 

The Empire’s voting involves each token holder having one vote, unlike most DAOs where big pockets equal more voting rights. However, to make decisions, the threshold for owning one vote stands at $1000 to send away bots and prevent Sybil attacks.

vEmpire’s goal is to reward its users with high profits by rerouting Land and NFT proceeds back to them instead of taking it to stakeholder’s pockets. All the Profits earned within the Empire are shared among all staked token holders. Furthermore, with the incentives given by the owners of xVEMP, voting rights belong to the community. For that reason, vEmpire is a democratic ecosystem, a DDAO, and not just any regular DAO.

Users can receive rewards from staking after unstaking from the DDAO as the profits received from battles and monetized land. Notably, the rewards come bearing a yield. Click here to find out more about yields from the VEMP and xVEMP tokens.

vEmpire NFTs Presale

The vEmpire platform is offering NFTs. They fuel the gaming community, specifically The Founding Soldiers. The NFT fee revenue, after initial development, will be collected and shared among users who stake their VEMP. 

The project has already launched its first 100 NFTs, dubbed The Cataphracts, on 1st August at 9 PM BST the auction for vEmpire’s first ever NFT ends with the current bid at 1 Ethereum. The remaining number of NFTs are up for grabs on OpenSea.io at a fair price of 0.1ETH to benefit early supporters. Please take advantage of the sale as it is needless to say the prices are lucrative: you may not get a better signal to buy ever in your life that is as clear as this due to vEmpire stating that these will be the cheapest prices they ever list NFTs at.

Why You Should Join the vEmpire NFT Craze

vEmpire have found a way to make the experience exciting. Cataphracts, according to vEmpire, harbour 99 scrolls left by the Emperor, which carry clues to a quest whose end comes bearing gifts. The Empire hid these scrolls from the 2-100th NFTs in the Presale.

For those die-hard puzzle game lovers, each of the 99 NFTs(Cataphracts) on the Presale has distinct letters and numbers that lead players to influencers on social media. These influencers carry with them clues that show users a pathway to another clue. The first clue has already been released by @CathyHackl with only six left with; @intocryptoverse @Jihoz_Axie @DCLblogger @SpartanBlack_1  @themooncarl @DENTOSHI

The cycle continues until one captures all the clues, and the winner gets 1% of VEMP’s total supply. If VEMP’s total supply nears even half that of MANA, you are looking at a prize of $5M. That sounds interesting, right? CEO Dominic Ryder(Romulus) assures you it may very well take years to solve.

About vEMPIRE DDAO LTD

vEmpire DDAO Ltd is a UK-based entity that focuses on the true decentralization of Decentralized Autonomous Organizations. The startup, whose leader is Dominic Ryder as the CEO (Romulus), aims to wage war on DAOs that have decided to fixate centralization back into decentralized communities. Please read the story behind vEmpire on its whitepaper here. You can also get the latest updates from various vEmpire social handles such as;

Twitter – Click Here

Instagram – Click Here

Telegram – Click Here

Medium – Click Here

Website – Click Here

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Press Release

Introducing the Plena App: A Revolutionary Crypto Super App

Team Bitcoin Daily

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We are excited to announce the launch of the Plena App, a groundbreaking crypto super app that seamlessly blends the security of self-custodial wallets with the convenience of centralized applications. Today marks a significant milestone in the world of cryptocurrency as we introduce a platform designed to revolutionize how users interact with digital assets.

What is Plena?

The Plena App is an advanced crypto super app that offers users unparalleled security through self-custodial wallets while providing the ease of use typically associated with centralized applications. With Plena, users can invest in over 100,000 cryptocurrencies, manage transactions, perform asset swaps, and bridge assets with just a single tap. This innovative platform leverages Account Abstraction technology, making it the first of its kind in the crypto space.

Key Features

– Self-Custodial Wallets: Plena ensures users have complete control over their digital assets, combining robust security with user autonomy.

– Comprehensive Investment Options: With access to over 100,000 cryptocurrencies, Plena provides diverse investment opportunities.

– Seamless Transactions: Facilitating quick and easy transactions, Plena makes managing your crypto assets straightforward and efficient.

– Asset Swaps and Bridging: The app allows for effortless asset swaps and bridging, enhancing flexibility and usability for crypto enthusiasts.

– Account Abstraction Technology: Plena’s innovative use of Account Abstraction technology sets it apart, offering a unique and superior user experience.

 Launch Details

We are proud to officially launch the Plena App today. This pioneering platform is set to transform the crypto landscape, providing users with a secure, convenient, and innovative way to manage their digital assets.

Contract Address: 0xed68931e351ee97e8f77c64181475a6e3f2bd573

Join us in this exciting new chapter of cryptocurrency innovation. Visit our website or follow us on X to stay updated with the latest developments and features of the Plena App.

For more information, visit our website or follow us on X.

Website: http://www.plena.finance

X:http://x.com/PlenaFinance

Token: PLENA

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Press Release

How Bitcoin Lotteries Work and Differ from Conventional Lotteries

Crypto Chain Wire

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The world of lottery just got an upgrade and it is global, secure, and powered by the future of finance: Bitcoin.

In this article, we dive into the exciting world of Bitcoin Lottery which offers a seamless and transparent experience. We will break down what Bitcoin lotteries are, how they work, and what sets them apart from your conventional lottery system.

What is a Bitcoin Lottery?

Bitcoin lotteries work like traditional lotteries but with a modern digital spin. Instead of using fiat currency, participants use cryptocurrencies like Bitcoin.

Here’s how it works: you buy a lottery ticket with cryptocurrency, choose your numbers, and wait for the draw. If your numbers match the drawn numbers, you win a prize – paid out in Bitcoin or other chosen cryptocurrencies.

What Makes Bitcoin Lottery Games Stand Out?

Here are the features that make Bitcoin lottery games a top choice for players.

  • Transparency and Fairness: One of the biggest advantages of the Bitcoin lottery is the use of blockchain technology. Blockchain ensures that every transaction and draw is recorded on a decentralized ledger that’s accessible to all players. This transparency eliminates worries about rigged results as players can verify each draw independently.
  • Security: Using cryptographic algorithms, Bitcoin lottery games offer extra security. The decentralized nature of blockchain means malicious actors can’t manipulate the results of the draws.
  • Global Accessibility: Unlike traditional lotteries which are limited by geographical boundaries, crypto lotteries are accessible from anywhere in the world. As long as you have an internet connection and a digital wallet, you can play. This global reach increases the player base and potentially the prize pool.

Regular Lotteries vs. Bitcoin Lotteries: A Comparison

1. The most obvious distinction is the utilized currency. Ordinary lotteries utilize fiat currency like dollars or euros, whereas a Bitcoin lottery uses Bitcoin or other cryptocurrencies.

2. Transactions in Bitcoin lotteries are faster and may have lower fees than buying traditional lottery tickets. This is so because Bitcoin transactions eliminate intermediaries like banks, therefore lowering the delays and expenses related to bank fees and currency exchanges.

3. Prizes in Bitcoin lotteries are in BTC or other cryptocurrencies which can be attractive because of the potential for value growth. Certain Bitcoin lotteries also provide quick payouts, hence improving the convenience for the winners.

4. Bitcoin lotteries usually employ “provably fair” algorithms. Unlike other lotteries, this system lets players use cryptographic techniques to confirm the fairness of the draw outcomes.

Why should one try a Bitcoin Lottery?

Apart from the thrill of maybe winning large, crypto lotteries provide several special benefits:

• Safe and open: You can verify every single draw and transaction.

• There are no geographical restrictions; play wherever on the planet.

• Cut expenses by means of lower transaction fees.

• Instant Payouts: Get your winnings easily and quickly. 

Bottom Line

With improved security, transparency, and worldwide accessibility, a Bitcoin lottery presents a fascinating and creative variation of the classic lottery.

These lotteries are a reliable choice for gamers all around as they guarantee fair and clear results by integrating blockchain technology. Regardless of your experience level, Bitcoin lottery games provide a modern way to try your luck and potentially win big.

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Press Release

Introducing Grok-1.5V: Revolutionizing Multimodal AI

Team Bitcoin Daily

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We are thrilled to announce the launch of Grok-1.5V, our groundbreaking first-generation multimodal model. Grok-1.5V, the latest innovation in artificial intelligence, promises to redefine how we interact with and understand the world around us. 

Unveiling Grok-1.5V

Grok-1.5V stands out with its exceptional text processing capabilities, but it goes beyond that. This advanced model can now process a wide array of visual information, including documents, diagrams, charts, screenshots, and photographs. This enhancement allows Grok-1.5V to offer a more comprehensive understanding and interpretation of both textual and visual data.

Capabilities

Grok-1.5V is designed to be competitive with existing frontier multimodal models across various domains. From multi-disciplinary reasoning to understanding complex documents, scientific diagrams, and real-world photographs, Grok-1.5V excels. 

We are particularly proud of Grok’s performance in our new RealWorldQA benchmark, which measures real-world spatial understanding. In zero-shot settings, without chain-of-thought prompting, Grok-1.5V consistently outperforms its peers, showcasing its superior capability in understanding the physical world.

Launch Details

Grok-1.5V will be available soon to our early testers and existing Grok users. We are excited to bring this new level of AI understanding to our community.

Join us as we launch Grok-1.5V on BASE at 19:20 Beijing time today. Don’t miss this opportunity to be part of the future of AI.

Contract Address: 0xeeB0Ea9EcD0Ab9a7a210fA66FCf58ce4747235E6

Stay tuned for more updates and innovations from our team as we continue to push the boundaries of what’s possible with AI.

For more information, visit our website or follow us on X.

Website: https://x.ai

X: https://x.com/xai

Token: x.AI

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