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About 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 using the coin
- Planning to build a DEX (like Uniswap, Pancakeswap)
- VR exchange will allow users with at least 200 ALV to access
Introducing Alvey Chain: A Revolutionary Blockchain Ecosystem
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 spreading awareness of blockchain technology to a broad audience 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. Users can also 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 in the ACC wallet. We plan to launch our first DEX (similar to Uniswap, Pancakeswap) where users can trade their favourite projects. We will wrap USDT, USDC, ETH, BNB, and more. Another key 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 effortlessly trade on the Alvey chain. But what’s the process behind this innovation? We’re developing an exchange interface atop Unreal Engine (UE), allowing you to engage in real-time trading while immersed in a metaverse game. In reality, there’s more to this than meets the eye. Behind the scenes, a background exchange running on a separate server enables real-time trading. By integrating the interface with the Unity 3D environment, we’ve enabled the API to facilitate seamless trades. Now, VR exchange transactions will be conveniently displayed in a notification outside the trading area. Furthermore, an animated explorer will be crafted in Unity 3D, allowing users to visualize and access the TXH with ease. Inspired by Goliath VR, our development stage is currently in testing on Unity and background exchange. Following the successful completion of our first test within two months, you’ll be able to trade on the Alvey test net, with the opportunity to resolve any bugs that may arise. Daily traders and investors will soon be able to indulge in their passion in a more captivating manner. As we often spend too much time sitting in front of our computers, I acknowledge the importance of staying active. Take advantage of the fact that you can be dynamic and still be fully engaged in your trades. Traders will revel in trading on the Alvey Multiverse VR Exchange, which enhances focus, performance, and movement. With a trader setup costing approximately $10,000 and VR goggles priced at $280, trading has become more accessible to a broader audience. Some of the remarkable VR features include the ability to open multiple charts simultaneously (up to 50), live info trading from several exchanges, a diverse range of crypto products, rapid transactions, a high level of security, a user-friendly and reliable setup, and most importantly, the simplicity and efficiency of the process. Anywhere, anytime, with no fuss.