Article Summary, Automatically Generated By AI
Summary of LONG (ETH)
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Project Overview:
Loong is a decentralized Dragon Coin cultural exchange token based on public chain technology, aiming to stimulate global Dragon Coin cultural exchange activities and promote Dragon Coin deeds. -
Goals:
- Establish a global Dragon Coin cultural ecosystem
- Create a diversified application scenario and community related to Dragon Coin
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Ecosystem Components:**- NFT Dragon Coin games
- Dragon Coin maps
- Dragon Coin malls
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Token Features:**-
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About LONG (ETH): A Comprehensive Overview
Loong is a decentralized cultural exchange token, born out of the global community of Dragon Coin enthusiasts, with “Loong Coin Culture” as its intellectual property. Leveraging cutting-edge public chain technology, Loong harnesses the power of NFT Dragon Coin games and offline cultural creation scenes to forge a novel Dragon Culture WEB3.0 ecosystem. This ambitious project aims to stimulate global online and offline Dragon Coin cultural exchange activities, while promoting the essence of Helong coins, which embodies the inheritance and development of China’s rich traditional culture, thereby bolstering Chinese cultural confidence. At its core, Loong seeks to establish a comprehensive global Dragon Coin cultural ecosystem, replete with diversified application scenarios and a vibrant community centered around Dragon Coin. This ecosystem will be launched in the form of NFT Dragon Coin games, Dragon Coin maps, Dragon Coin malls, and more, providing users with a multifaceted Dragon Coin cultural experience and ample opportunities for participation. By engaging in games and activities, users can earn Loong rewards and interact with fellow Dragon Coin enthusiasts. The Loong project adopts a decentralized Dragon Coin DAO organization and voting mechanism, ensuring democratic governance and community participation. Users holding Loong will have a say in decision-making and voting, influencing the project’s development direction and key operational decisions. As a digital encrypted virtual currency, LOONG is built on blockchain and smart contract technology, designed to facilitate the LOONG social network incentive mechanism and consumption behavior. As a token, Loong serves as an operating medium for smart contracts and transactions on the platform, used for exchange, payment, and rewards. Digital identity, a crucial component of the digital economy, is a vital infrastructure of the LOONG social network. Leveraging blockchain encryption technology, users will possess a unique, tamper-proof, and anonymous digital identity within the LOONG social network. Data storage and transmission are critical components of modern technological development. Based on blockchain technology, users can generate and store data on LONG. When the client node receives data changes or other data included in system management, it generates data conforming to the accounting rules of the blockchain network and submits it to the blockchain network for verification, storage, and more. Due to the decentralized, distributed, and immutable nature of blockchain, data cannot be altered or deleted once stored. Through data encoding, files can be compressed into an efficient format, saving storage space. Owing to the P2P nature of the blockchain, data transmission will be dispersed among various nodes, ensuring that the destruction of some nodes or networks will have minimal impact on other parts. The creation and circulation of NFT LOONG enable users to convert NFT metadata into an appropriate format, store it, sign the information including the NFT data hash value, and then send it to the smart contract to mint their own NFT. The minted NFT will be permanently linked to a unique blockchain address. Creators can utilize NFT to prove the existence and ownership of digital works, including but not limited to pictures, videos, artworks, tickets, and more. Furthermore, creators can earn royalties on every transaction and circulation of NFT.