Article Summary, Automatically Generated By AI
Summary of LeisureMeta
- LeisureMetaverse is a Web 3.0 community project building social, cultural, and economic communities for creators and fans.
- Issued utility token: LM token.
- Aims to become the core infrastructure of the digital economy in social, cultural, and economic communities.
- Operates its own blockchain, interchangeable with ERC20 LM token on Ethereum.
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Features:
- DAO community: LM NOVA
- NFT marketplace: playNomm
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Technical specifications:
- Consensus algorithm: Tendermint style proof of stake (PoS) based Byz
About LeisureMeta: Unlocking the Future of Entertainment and Lifestyle
Introducing LeisureMetaverse, a pioneering community project that fosters social, cultural, and economic synergy among Web 3.0 creators and enthusiasts, proudly presenting its proprietary utility token, LM token.
LeisureMetaverse is a pioneering Web 3.0 Enabler that embodies the core principles of Web 3.0, empowering individuals with autonomy and introducing the Web 3.0 Creator, a novel paradigm for employment and income generation. By doing so, LeisureMetaverse aspires to become the foundational infrastructure of the digital economy, fostering thriving social, cultural, and economic communities that uphold humanity and individual freedom.
LeisureMetaverse boasts its own proprietary blockchain, while seamlessly facilitating the interchangeability of the native LM token and its ERC20 counterpart on Ethereum, courtesy of a dedicated gateway bridging the two ecosystems.
At the forefront of innovation, LeisureMetaverse operates a thriving DAO community (LM NOVA) and a vibrant NFT marketplace (playNomm), poised to transcend the limitations of existing blockchain platforms, including sluggish performance, exorbitant gas fees, and cumbersome user experiences. By harnessing the power of Tendermint-style proof of stake (PoS) based Byzantine Fault Tolerant (BFT) consensus algorithm, the LeisureMeta chain has achieved an impressive 1,000 TPS and transaction finality, thereby redefining the boundaries of blockchain technology. Furthermore, the strategic implementation of the Bloom filter enables efficient networking by transmitting only unknown transactions between individual nodes, thereby streamlining the process. Additionally, the innovative multiple private key pairing system has significantly enhanced the user experience by assigning individual private keys to each user device, thereby fostering a seamless and intuitive interaction.
Notably, LeisureMeta’s blockchain has achieved a remarkable feat by reducing the block time to a mere 1 second, thanks to the innovative implementation of Conflict-free Replicated Data Type (CRDT) structure. This groundbreaking approach effectively eliminates the need to establish transaction orders within a block, thereby drastically minimizing the computing power required for the blockmaking process.