Article Summary, Automatically Generated By AI
About BIZVERSE
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Concept:
BIZVERSE WORLD is a Metaverse world with a fully digital twin for business and life. -
Goal:
Build a virtual reality environment for business activities, increasing efficiency with maximum technology support. -
Features:
- Users can create and own digital assets in the form of non-fungible tokens (NFTs).
- NFTs can be exchanged, transferred, and sold on the Marketplace or in showrooms.
- Assets in BIZVERSE include vrLand, vrMall, vrExpo, vrStore, and more.
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About BIZVERSE: Unlocking the Power of Blockchain Innovation
The BIZVERSE WORLD is a Metaverse realm that seamlessly integrates a fully immersive digital twin for your business and personal life. BIZVERSE WORLD aspires to create a virtual reality environment, a genuine metaverse for business activities, where users can effortlessly transition their business operations to a network environment, thereby facilitating comprehensive digital transformation, and maximizing efficiency with the support of cutting-edge technologies. Conceptualized as a digital society and economy, BIZVERSE embodies the comprehensive digital transformation model (Digital Transformation) of Industry 4.0, which is rapidly unfolding globally, from the digitization phase to the ultimate goal of shaping a virtual super universe (Metaverse).
In the BIZVERSE WORLD, users are empowered to unleash their creativity, as the system enables them to craft their own unique digital assets in the form of non-fungible tokens (NFTs). These NFTs can then be exchanged, transferred, or showcased at the Marketplace or within their own bespoke showrooms in shopping centers. At that point, even players can effortlessly reap profits from the NFTs they have created. Notably, all assets within BIZVERSE are NFTs, including vrLand, vrMall, vrExpo, vrStore, and more – assets that users can freely create, own, buy, sell, and transfer on the marketplace…
The BIVE token serves as the primary currency within the BIZVERSE ecosystem, playing a pivotal role in facilitating various activities. In essence, users require BIVE tokens to engage in a multitude of transactions, including:
- Utilizing BIVE as a medium of exchange for buying, selling, renting, or leasing virtual properties, such as vrMalls, vrExpo event organization systems, vrStore/vrBooth product display stores, event halls, vrHall event zones, vrPano/vrBanner advertising content areas, and vrNFT virtual assets developed and sold by BIZVERSE users.
- Swapping BIVE tokens with VRA to reward users for participating in token mining mechanisms, such as visiting booths, participating in shopping, watching ads, and engaging in hunting games within BIZVERSE (similar to Pokémon Go).
- Purchasing additional BIZ tokens for BizMems (including BizPro or BizBoss).
- Swapping BIVE tokens with VRA at the prevailing market price.
- Earning supplementary income in BIVE, which can be utilized to purchase and sell items, alter characters, and modify details within BIZVERSE.
- Uploading works or VR Assets to the Marketplace, which requires a fee in BIVE.
- Participating in network governance: BIVE token holders have the right to engage in the system’s governance process through voting, with the option to delegate voting authority to another player.
- Staking to earn: BIVE owners can participate in staking, which enables them to earn bonus rewards in BIVE.
- Fee Capture model: 5% of the total transaction volume in BIVE is deducted and redistributed, with an additional 30% of BIVE from the staking pool allocated as rewards for token holders.