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

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1 year ago

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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

DIFX Says Hola Mzansi by Joining Hands with Digital Banking Platform eZaga to Launch DoshFX

Crypto Chain Wire

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5 days ago

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November 24, 2022

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Fully secured centralized exchange, DIFX has officially partnered with eZaga, South Africa’s premier digital banking platform, to set up a new regional crypto platform, DoshFX.

Digital Financial Exchange known as DIFX is an EU-regulated CEX, disrupting the financial industry by bridging digital and traditional assets. With DIFX, users can create diverse portfolios in various asset classes like indices, forex, CFDs, commodities, futures, and cryptocurrencies all while having access to a fully secured wallet. In a mission to expand its services and accelerate blockchain adoption through the African continent, DIFX has officially partnered with the South African digital banking platform eZaga.

Founded in 2014, eZaga has been a pioneer in providing financial solutions to the underbanked & informal sector with innovative tools and services that enable people to transform the way they manage finance through the use of mobile technology. Over the past 2 years alone, the African continent has become a well-developed crypto market that has seen deep penetration and integration of cryptocurrency into everyday financial activities for many users. In fact, the Chainalysis report for June 2022 showed that Sub-Saharan Africa was the overall leader in retail crypto transfers, accounting for 80.1% of the global regional transactions.

Therefore, to service this growing industry, both DIFX & eZaga have joined hands to create a new financial platform catered explicitly to the African continent called DoshFX.

DoshFX will serve as an exclusive multi-asset trading platform for users from the African continent and help increase the rate of adoption found in the region. A key mission of DoshFX is to improve financial services around the continent with blockchain technology, cryptocurrencies, and traditional assets. The new platform will be utilizing both parent entities’ crypto and banking solutions to reach a wide audience of crypto enthusiasts and traders alike. Furthermore, the unique partnership allows all eZaga users to open an account on DoshFX without any additional KYC requirements and have access to a secure custodian wallet.

Regarding the partnership, DIFX CEO & Co-Founder Jeetu Kataria stated “Our primary mission as DIFX is to provide a robust trading platform for our global users so that we can increase the acceptance and adoption of blockchain and digital assets in a secure and transparent manner. We want to foster a world where payments and financial management are done with the ease of your fingertips. For us, the creation of DoshFX is an extension of the DIFX mission of forging a blockchain future along with our commitment as a member of the digital space to take part in helping the industry with its adoption and bring financial inclusion to all people, especially the unbanked majority, through various digital assets.”

Saud Ally, CEO & Founder of eZaga added “The creation of DoshFX is a needed service for the African continent, as the growth of adoption in the region is unbelievable. With this new venture, we want to expand eZaga’s banking capabilities and give our existing users a platform to leverage blockchain and digital assets.” Ally further stated that “DoshFX and eZaga are working together with DIFX to create a new infrastructure that will make money move instantly, identify users, and allow them to connect to bank accounts and credit cards.” Both the respective founders also shared their mutual passion for investing in South Africa’s innovation layer and developing DoshFX to act as a foundation for all future developments and blockchain scalability within the continent.

About DoshFX

DoshFX is a premier African centralized exchange created through a partnership between a fully secured cross-asset trading platform & African digital banking platform to provide users within the region a safe and secure way to trade cryptocurrencies like BTC, ETH, USDT, and much more.

DoshFX is powered by eZaga Capital bearing license number FSP license no. 44133, Auth FSP.  Limits, terms, and conditions apply.

To learn more about the services and features of DoshFX, visit doshfx.io

About DIFX

Digital Financial Exchange (DIFX) is a centralized cross-asset crypto exchange that allows users to trade between multiple asset classes that include indices, forex, crypto, metals, and commodities, just to name a few. The DIFX fully insured crypto wallet comes from a partnership with Fireblocks, one of the leading crypto custodians in the world.

DIFX was presented with the “Most Trusted Cross-Asset Trading Platform — 2022” by the Crypto Expo Dubai and the “Best New Trading Platform Award” at the E-Business Awards 2021 by Entrepreneur Middle East and the Forex Expo 2021.

To begin your journey with Endless Possibilities, download the app now from the iOS or Google Play Store, or visit us at difx.com.

About eZaga

eZaga is a South African digital banking platform and authorized financial services provider that enables African users to open a bank account via their mobile phones in less than two minutes. It leverages mobile technology like USSD and a mobile app, existing banking infrastructure like ATMs, and a low-fee structure to empower unbanked people and organizations to achieve more.

To learn more about eZaga visit https://www.ezaga.co.za/ or download the app now on iOS or Google Play Store.

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The world’s largest online general merchandiser DollarStore, will start accepting Oduwacoin in their online U.S flagship Store

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2 weeks ago

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November 14, 2022

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The world’s largest online general merchandiser DollarStore, will start accepting Oduwacoin in their online U.S flagship Store.

“The official cryptocurrency of the  Dollarstore.”

An incredible milestone for the Oduwa community; The world’s largest online general merchandiser, DollarStore, will begin accepting oduwacoin in their online U.S flagship stores.

A new partnership between ODUWA and DollarStore is set to change the way we shop. The two companies have come together to create a unique shopping experience that will offer customers the best of both worlds.

“Cryptocurrencies should be spent like money and not sold.” -Nana Obudadzie Oduwa I 

Why this partnership is beneficial for both companies

ODUWA is known for allowing people transfer digital cash to any one they want without

any territorial restrictions. The Oduwa network is built to deliver higher performance, efficiency, and enable quick transactions at lower costs., while DollarStore offers an extensive range of items at rock-bottom prices. The new partnership will allow customers to enjoy the benefits of both companies.

The two companies have already started working on a new joint venture, which is set to launch in the near future. This will be a one-of-a-kind shopping experience that will offer the best of both worlds.

The first 1,000 in the community to respond to the email Dollarstore@oduwablock.io  with the subject ” Send Me Coupon”  will receive a discount  off coupons when we launch. 

About Oduwa Coin

Oduwacoin, connecting crypto to the essential things we need to live. Oduwacoin is an alternative digital currency to paper money backed by the trustless blockchain technology Network. It eliminates human interference, counterfeiting, double spending, and excessive printing like government-issued money. It serves as a medium of exchange, store of value, and proof of ownership.

Unlike centralized fiat money, Oduwacoin is a decentralized open-source blockchain-based monetary system. It uses peer-to-peer technology to settle all transactions within its network. Individual coin ownership records are stored in a transparent ledger using cryptography. Oduwacoin is governed on its native Blockchain to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership.

For more information about oduwacoin, visit 

www.oduwacoin.io

Be the first to reply and save. Dollarstore@oduwablock.io

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Press Release

Voltichange Ready to Enhance the Volt Inu Universe

Crypto Chain Wire

Published

3 weeks ago

on

November 9, 2022

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Volt Inu’s team recently announced that it is about to release its anticipated decentralized exchange. Voltichange should come later in November, but the team’s Twitter page hinted at the possibility of an anticipated release that could happen any day within the next 3 weeks.

This new tool will serve as a bridge between any DeFi project and the VOLT ecosystem. The team wants to help existing projects by adding to them the power of VOLT’s deflationary mechanisms.

Getting Ready for the Voltichange Arrival

VOLT’s community is eagerly waiting for Voltichange’s release. The team behind the project has been working hard to complete the development and testing of the platform. As they recently announced, this platform will automatically list every erc20 and bep20 tokens at launch meaning that the majority of the crypto industry will be directly concerned by the burns this platform will offer.

Meanwhile, the community is also looking forward to upcoming news about VOLT’s new partnerships, integrations, and sponsorships as well as several Tier 1 listings that seem to become more than a rumor by the day.

This is not the first time VOLT has created hype around its project. The team succeeded in delivering on its promises before, creating interest within the crypto community.

With Voltichange’s release, the VOLT universe will become more accessible, more attractive and even more deflationary since the volume generated by their upcoming exchange will generate revenues automatically used to buyback & burn the native token VOLT. The team has no doubts: this operation should lead to more adoption of the token.

History never lies

Volt Inu’s team knows the importance of a solid and engaged community. The members often give feedback and suggestions that help to improve the project.

This feedback is essential to make VOLT a success story. The team is always looking for new ways to increase its engagement with the community and grow its community.

Apart from the feedback and excitement of their community, the media and the crypto space often tended to compare VOLT to SHIBA since its early days due to their countless similarities. 

With the recent updates shared by the team, it seems that VOLT is once again on the verge of following SHIBA’s path, with hints pointing towards a series of listings on major Tier 1 exchanges, while releasing a groundbreaking DeFi product at the same time. The impact that such news had on its forerunner SHIBA can of course not be forgotten. 

About Volt Inu

Volt Inu is a digital asset investment initiative that offers its investors a diversified portfolio of assets. The project aims to help people take advantage of the growing digital economy. The project focuses on four main asset classes: NFTs, nodes, altcoins, and stablecoins.

The $VOLT token is at the center of the Volt Inu ecosystem. The token is hyper-deflationary, offering investors a solid foundation on which to grow their investments. A portion of profits from treasury investments serves to buy back and burn $VOLT tokens. This operation aims to further increase the value of the remaining tokens.

The Voltichange announcement is game-changing news for the VOLT ecosystem. The release of this new platform will make it easier for investors to participate in the growing DeFi sector. With Voltichange, VOLT’s hyper-deflationary tokenomics will become even more powerful. The team expects the move to make VOLT an attractive investment for both experienced and new investors.

Volt Inu’s website and the social media pages below feature more details about this rapidly growing project.

Twitter | Telegram | YouTube

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