CollectiVerse is building the first blockchain platform that gives on and off-chain businesses (no matter the size) access to similar financial services that corporations can access from Wall Street banks, but using DeFi and NFTs.
The ecosystem addresses critical challenges in the DeFi and NFT space. First, it’s still too difficult to build and operate a project. Second, there needs to be better investor protections. To fix this, CollectiVerse:
1) Enables building and operating a project with significantly less friction, cost, and even no code. This is equivalent to how Shopify made e-commerce more accessible or how Apple’s App Store made mobile more accessible to builders.
2) Uses a new blockchain architecture called Layer 3 that protects investor funds from hacks, rugs, and flash loan attacks.
CollectiVerse also incorporated a collective space metaverse in the ecosystem so projects and investors that build and invest become collective owners of the metaverse, and share in the revenue and upside.
Their metaverse and NFTs will be the first to operate natively cross-chain. The public sale of their NFT Seed collection will initially mint on Ethereum, BSC, Polygon, and Avalanche. The Genesis Seed collection consists of just 300 NFTs that consist of 3D animated space objects with an artistic touch.
A purchase of the NFT Seed represents a purchase of their future token at a 20% discount, and provides gamification that lets you earn in their metaverse. Plus you get a First Access Pass which gives WL to all top projects built in the CollectiVerse ecosystem.
Funds raised from the NFT sale will be used to build the technology platform and held in a multisig. This means the use of funds will be mutually controlled by community members and the team, ensuring the highest level of protections to investors.
The CollectiVerse team is fully doxed and verified by the Obsidian Council, their highest level of KYC. Finally the contracts were audited by Prisma Shield, which previously audited a number of top-tier projects.
Discussing the CollectiVerse Project, Editor in Chief at Cryptonaire Weekly Mr. Karnav Shah noted: “ It’s rare you come across a project that explores wider utilities of the blockchain technology and expands the horizons. We are truly excited to share the CollectiVerse project and explain its fundamentals to our readers. We are certain that we will have more about this promising venture in our subsequent publications.”
Hopefully, you have enjoyed today’s article. Thanks for reading! Have a fantastic day! Live from the Platinum Crypto Trading Floor.
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