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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

Elevating Possibilities: The Countdown for WBS Dubai Begins!

Crypto Chain Wire

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Mark your calendars for an unparalleled gathering of blockchain and web3 pioneers as the 29th World Blockchain Summit, organized by Trescon and co-hosted by Sun Minimeal, is set to take the stage in Dubai. Scheduled for April 22-23, 2024, at the iconic JW Marriott Hotel Marina, this summit promises to be a cornerstone event, spotlighting the UAE’s progressive embrace of web3 technology and its vision for a future shaped by digital innovation.

The World Blockchain Summit has established itself as a seminal series, bringing together a global cadre of blockchain enthusiasts, innovators, visionaries, thought leaders, and policymakers. This forum serves as a critical platform for deliberating on the integration and implications of blockchain technology across vital sectors, reflecting the global economy’s evolving digital landscape.

Amidst Dubai’s transition towards a digital-first economy, bolstered by strategic government initiatives and a burgeoning digital infrastructure, the city emerges as a global beacon for blockchain and web3 innovation. The inauguration of the Dubai AI & Web3 Campus by DIFC, coupled with the establishment of the Virtual Assets Regulatory Authority (VARA) in Dubai, underscores the region’s commitment to fostering a dynamic digital ecosystem, attracting investors and innovators worldwide.

The upcoming summit anticipates over 2,000 web3 decision-makers, 300+ investors, and more than 100 distinguished speakers. A highlight of the event is the regional finale of the Startup World Cup, orchestrated by the globally renowned venture capital firm, Pegasus Ventures. This competition offers startups a gateway to global recognition and a shot at securing US$1 million in funding at the global finals in San Francisco.

#WBSDubai will showcase a series of compelling keynote addresses, use-case presentations by leading blockchain experts, and thought-provoking panel discussions. The agenda will cover pivotal topics such as the role of Central Bank Digital Currencies (CBDCs), the potential of blockchain to enhance ESG impacts, and the importance of interoperability within the blockchain ecosystem and more.

Some of the notable speakers attending the event include:

  • Pascal Gauthier, Chairman & CEO, Ledger
  • Roham Gharegozlou, Co-founder and CEO, Dapper Labs
  • George Gvazava, Chief Crypto Officer, Bank of Georgia
  • Miriam Kiwan, Vice President of MEA, the issuer of leading regulated stablecoin, USDC., Circle
  • Yosuke Yoshida, Co-CEO of EMURGO Middle East & Africa CEO of EMURGO Kepple Ventures, EMURGO
  • Bandar Altunisi, Head of Development for Binance in Saudi Arabia Head of Institutional Relationships for Binance Dubai (FZE), Binance
  • Stefan Kimmel, CEO, M2
  • Richard Muirhead, Managing Partner, Fabric Ventures

Sharing their enthusiasm about the event, George Gvazava, Chief Crypto Officer, Bank of Georgia said,” In the realm of innovation, the World Blockchain Summit serves not only as a gathering of minds but as a crucible, where ideas are forged into the connections, use-cases and technologies of tomorrow.”

“As Dubai spearheads the UAE’s digital transformation, blockchain technology plays a central role. Trescon is at the nexus, linking pioneering entrepreneurs with elite global investors. The World Blockchain Summit stands as the definitive forum for revealing the forefront of blockchain innovation and insights,” states Sharath Ravi, CMO, Trescon.

Hurry, registration for the World Blockchain Summit in Dubai is still available! Reserve your spot now to be part of one of the year’s most anticipated blockchain and cryptocurrency gatherings. Act fast to seize this exclusive chance to participate and secure your tickets and sponsorship today!!

The 29th edition of the World Blockchain Summit is supported by:

Strategic Partners – DIFC Innovation Hub , Dubai AI & Web3 Campus

Co-Host – Sun Minimeal

After Party Sponsor – Floxypay

Gold Sponsors – Cardano Foundation ,  Medifakt, Crypto2Cash, Anbruggen, Bitflex

Silver Sponsors- Kreation, Coingames, Reat Capital , ACM Finance , Website AI

Lanyard  Sponsor- M2

Badge Sponsor – Ledn

Lunch Sponsor – Payper

Bronze Sponsor- BitGo, M2 ,  Block Convey, Genesis Digital Assets , Hedge , Golfin

Pitch Partners – Reat Capital , soukcola , MeAI , Zherpa , FidesInnova Labs

Exhibitors- DSQ Solutions ,  Reltime, Qoneqt , C# Corner , Islamic Dinar

Official Accommodation Partner- HotelPlanner

Ecosystem Partner – Entrepreneur Media

Business Broadcast Partner – CNBC Arabia

Official Newspaper Partner- The Fintech Times

Official Digital PR Distribution Partner – ZEX PR Wire

ABM Partner- Demandify

Association Partners- Crypto and Blockchain Association, Blockchain Council, Asia Web3 Alliance Japan, European Blockchain Association

Prime Media Partner- Demandteq

Community Partner – Hyperledger Foundation

About World Blockchain Summit (WBS)

World Blockchain Summit (WBS) is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally.

WBS is the world’s longest-running blockchain, crypto, and web 3-focused summit series. Since our inception in 2017, we have hosted more than 20 editions in 11 countries as we strived to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging startups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.

To book your tickets, visit: https://www.worldblockchainsummit.com/dxb-apr-24?utm_source=media%20PR%20rd3&utm_medium=ZexPR#Ticket-booking-sections

Contact

Shadi Dawi

Director, Public Relations & Partnerships – MENA, Trescon

shadi@tresconglobal.com

+971 55 498 4989

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Press Release

Big Red LLC Partners with Cornell University’s Entrepreneurship at Cornell Program, Paving the Way for Innovation and Collaboration

Team Bitcoin Daily

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Big Red LLC, a pioneering blockchain and cryptocurrency project, proudly announces its sponsorship partnership with Cornell University’s Entrepreneurship at Cornell program. This landmark collaboration signifies Big Red LLC’s commitment to fostering innovation and education within the blockchain space while establishing the project as a trailblazer in the crypto industry.

Named after the iconic Cornell University mascot and inspired by the university’s rich history of academic excellence and innovation, Big Red LLC represents the fusion of tradition and innovation. The project’s moniker pays homage to Cornell’s longstanding legacy and its influential role in shaping the world of blockchain technology.

As the first crypto sponsor of the Entrepreneurship at Cornell program, Big Red LLC embarks on a journey of mutual benefit, bringing together academia and industry to drive groundbreaking initiatives. This partnership opens doors to unprecedented opportunities, particularly for students, for innovation, education, and collaboration within the blockchain space.

“We are thrilled to be partnering with Cornell University’s Entrepreneurship program,” says Christopher Gilles Fourquier, Lead Developer of Big Red LLC. “This collaboration opens doors to unprecedented opportunities for innovation, education, and collaboration within the blockchain space. As the first crypto sponsor of Entrepreneurship at Cornell, we are proud to pioneer this initiative and set a new standard for industry-academic partnerships.”

The corporate sponsorship extends beyond financial support, as two esteemed members of the Big Red LLC team, Frances Regina (Head of Growth and Partnerships) and Christopher Gilles Fourquier (Lead Developer), will be listed on the advisory council of the Entrepreneurship at Cornell program. This prestigious honor places Big Red LLC at the forefront of academic-industry collaboration, as these individuals join an elite group of advisors guiding the program’s initiatives and participating in the entrepreneurship ecosystem at Cornell.

“This is a significant achievement for our team,” says Frances Regina, Head of Growth and Partnerships at Big Red LLC. “Being listed on the advisory council of Cornell University’s Entrepreneurship program is a testament to our expertise and dedication to driving innovation in the blockchain space. We look forward to leveraging this partnership to create meaningful impact and foster the next generation of blockchain entrepreneurs.”

The sponsorship opens doors to a plethora of opportunities for Big Red LLC within the Cornell community. Big Red LLC will be prominently featured as a corporate sponsor at Entrepreneurship at Cornell event, providing a platform to showcase its innovative projects and initiatives to a diverse audience of students, alumni and academics.

Additionally, discussions are underway for Big Red LLC to host its own event with Entrepreneurship at Cornell, focusing on blockchain technology and the future of Web 3.0. This event will serve as an invaluable opportunity to engage with students and faculty at Cornell.

Furthermore, Entrepreneurship at Cornell hopes to host a webinar in collaboration with Big Red LLC, offering insights into the innovative developments within the blockchain industry. This webinar will provide a platform to educate and engage with audiences about the transformative potential of blockchain technology.

“The partnership with Entrepreneurship at Cornell represents a significant milestone for Big Red LLC,” concludes the Blockchain Brothers, one of the strategic advisors for Big Red LLC. “Cornell’s longstanding legacy of academic excellence and innovation aligns perfectly with our vision for long-term domination in the blockchain space. We hope to capitalize on the sponsorship with multiple possibilities for collaboration and growth.” 

Zachary Shulman, Director of the Entrepreneurship at Cornell program, conveyed enthusiasm regarding the partnership, articulating, “Given Cornell’s leadership in blockchain research, it is fantastic to cement this inaugural crypto sponsorship with Big Red LLC. I am very excited to get Big Red integrated into our eship ecosystem, hopefully to the direct benefit of our students!”

The sponsorship with the Entrepreneurship at Cornell program provides credibility for Big Red LLC and also positions the project to bridge the gap between academia and industry. This partnership marks a significant milestone in the journey of Big Red LLC and reaffirms its commitment to pushing the boundaries of innovation in the blockchain space.

Twitter: https://twitter.com/BigRed_TD  

Website: https://www.thebigredcrypto.com  

Contract Address for Big Red $TD: 0x87bbfc9dcb66caa8ce7582a3f17b60a25cd8a248 (AVAX)

For more information on Cornell University’s Entrepreneurship, visit website: https://eship.cornell.edu/

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Press Release

BitDelta’s Bitcoin Halving Mega Giveaway

Crypto Chain Wire

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Excitement is building in the crypto community as the Bitcoin Halving approaches, and BitDelta is throwing a massive giveaway to celebrate!

Campaign Period: April 6th, 2024, 09:00 UTC – April 20th, 2024, 23:59 UTC

Get your chance to win your share of USD 100,000 by following these simple steps:

  • Download the BitDelta App or visit bitdelta.com
  • Sign up on the platform using this link
  • Complete your profile information
  • Make at least one trade on any tokens listed on the BitDelta spot exchange during the campaign period

Make more trades and increase your chances of being a winner with BitDelta!

We suggest engaging in multiple trades and maintaining a minimum balance in your spot wallet to boost your odds of claiming victory.

At the end of the campaign, three fortunate winners will be randomly selected:

  1. 1st Place: USD 65,000
  2. 2nd Place: USD 25,000
  3. 3rd Place: USD 10,000  

Important Note: Terms and conditions apply. $100,000 giveaway is applicable for eligible participants during the 2 Week Trading Period only.  

For full details, please read the T&C mentioned below:

  • BitDelta will disqualify any entry from users who do not meet the eligibility requirements as solely determined by BitDelta. 
  • BitDelta reserves the right to cancel the campaign or amend the campaign mechanics or rules at any time at our sole discretion. 
  • In addition to the following rules, please refer to the App Terms & Conditions and Privacy Notice.
  • To participate in the campaign KYC is mandatory and if any event of KYC and compliance issues get noticed by BitDelta, then BitDelta reserves the right to disqualify the user from the campaign. 
  • BitDelta reserves the right to cancel, suspend, or amend the campaign mechanics or rules at any time at our sole discretion without prior notice to you. 
  • In the event of any dispute BitDelta reserves the right to make all final decisions regarding the campaign. 
  • Nothing contained herein shall be construed to be financial advice.  Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by BitDelta to invest, buy or sell digital assets.   

Purchasing cryptocurrencies and digital assets involves a high degree of risk and there is always the possibility of loss, including the loss of all or a substantial amount of your initial purchase price.   

Please seek professional advice before making any financial, investment, or trading decisions. 

Sign Up Now – Click Here

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