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About Wrapped Alvey Chain
- Decentralised blockchain with proof-of-stake consensus model
- Blocks are built or minted, not mined, with block rewards and transaction fees
- Supports Bitcoin and Ethereum ecosystems
- Integrates metaverse and VR within the blockchain
- Allows for creation of meme tokens, NFTs, and smart contracts
- ACC wallet enables staking, superstaking, and delegation
- Fees are distributed among stakers and validators
- Planning to build a DEX (like Uniswap, Pancakeswap)
- Will wrap USDT, USDC, ETH, BNB, and more</
About Wrapped Alvey Chain: Unlocking Seamless Interoperability
Alvey is a decentralised blockchain that employs a proof-of-stake consensus model, where the author of the subsequent block is randomly selected based on the amount of cryptocurrency held in their wallet and the wallet’s maturity, ensuring decentralisation and network participation through continuous rotation of addresses. Blocks are typically minted rather than mined, with block rewards and transaction fees, allowing builders to receive a percentage of “interest” on their staked funds. This approach enables the chain to achieve high levels of security while minimising energy consumption, as participating as an active node for staking only requires a Raspberry-Pi, laptop, or 64-bit desktop PC, which have relatively low energy consumption compared to Proof of Work mining rigs. Alvey supports the Bitcoin and Ethereum ecosystems. We adopt a pragmatic design approach to seamlessly integrate metaverse and VR within the blockchain, enabling continuous development of real-world applications. Furthermore, we are dedicated to promoting awareness of blockchain technology among numerous Internet users while decentralising PoS transaction validation globally over an extended period. As a project, we are committed to bridging the gap between our passions and daily activities, believing this synergy will foster creativity and success. Moreover, we are building the world’s first VR Exchange on Alvey Metaverse. The Alvey Chain offers a diverse range of utilities, including the creation of custom meme tokens, NFTs, and smart contracts, enabling value creation on top of our blockchain. The ACC wallet allows for direct staking, superstaking, and delegation. Additionally, users can build a DEX, NFT marketplace, or launchpad. All fees are distributed among stakers and validators using our coin in transactions and deployments on Alvey. The coin can be used directly on an exchange with fiat via our payment gateway through the ACC wallet. We plan to establish our first DEX (similar to Uniswap, Pancakeswap) where users can trade their favourite projects. We will wrap USDT, USDC, ETH, BNB, and more. Another significant utility in our project is the placement of ads within the metaverse and explorer. Furthermore, our VR exchange will grant access to users holding at least 200 ALV, thereby creating a stable ecosystem between our coin and its use. As a result, we are uniquely positioned to become the world’s leading metaverse blockchain. VR Exchange
This groundbreaking technological milestone is set to revolutionize the world of crypto and stock traders. We’re thrilled to introduce the seamless integration of metaverse and VR exchange, which will be explained in meticulous detail. Our enchanting Elves Forest boasts six magical castles, one of which serves as a direct gateway to the VR exchange. Upon entering the castle, you’ll be instantly transported to the immersive VR environment, where you can trade on the Alvey chain with ease. But what’s the process behind this innovation? We’re building an exchange interface atop Unreal Engine (UE), allowing you to trade in real-time while playing a metaverse game. In reality, there’s more to it than meets the eye. Real-time trading is made possible through a background exchange running on a separate server, where we’ve seamlessly integrated the interface with the Unity 3D environment, enabling the API to trade in real-time. Now, the VR exchange’s transactions will be displayed in a notification outside the trading area. A more animated explorer will be created in Unity 3D, where users can visualize all the blocks floating and access the TXH with ease. Reference: Goliath VR. Our development stage is currently in testing on Unity and background exchange. Upon completing the first test within two months, you’ll be able to trade on Alvey test net for a while until we resolve any bugs that may arise. Daily traders and investors will be able to do what they love in a more captivating manner. Because we spend too much time sitting in front of our computers, I realize how crucial it is to be active and dynamic. Take advantage of the fact that you can be on the move and still be fully engaged in your trades. Traders will have an exhilarating experience trading in Alvey Multiverse VR Exchange, as it enhances focus, performance, and movement. A trader setup costs approximately 10k USD, while VR goggles cost 280 USD, making trading more accessible to a broader audience. Some of the VR features include opening multiple charts simultaneously (up to 50), live info trading from several different exchanges, a wide range of crypto products, fast transactions, a high level of security, a user-friendly reliable setup, and most importantly, the simplicity and efficiency of the process. Anywhere, anytime, with no fuss.