Altcoin News Podcast | Gate.io

Expanding the Decentralized Metaverse | X-Protocol | Altcoin Gems #9

November 09, 2021 Gate.io Season 2 Episode 9
Altcoin News Podcast | Gate.io
Expanding the Decentralized Metaverse | X-Protocol | Altcoin Gems #9
Show Notes

Gate.io Altcoin Gems #9:

X-Protocol $POT 

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"Money never sleeps. Thanks for tuning in."

 

X Protocol is the first Metaverse+ application portal programmed using RUST language with source-generated gameplay and land economy model. It was developed based on the Substrate framework provided by Polkadot and will be deployed on multiple chains such as Ethereum, BSC, Solana, Polygon, and Avalanche in the future.

 

The core services of X Protocol can be subdivided into five areas: Cross-chained asset processing, prediction market, NFT, DeFi, and a Social System. 

 

The X Predict Market allows users to freely initiate predictions and governance of real events, discuss and participate in incentive programs.

 

The project is moving towards the goal of integrating art into life, following what the Web 3 Foundation has started, and deepening the meaning of NFTs and trustless interconnection. 

 

The $POT token is the foundational and governance token of the X-Metaverse, which can be used in various scenarios and governance interests including platform development and basic application voting. 

 

The token allocation of $POT starts with 25% goes to fundraising for the project, 15% goes to improving the ecosystem, 10% goes to the team & adviser, 15% goes to liquidity providing for the markets, and the remaining 35% goes to a yield farming pool reserved for investors.

 

Trading will begin at 9 PM on November 10th. If you want to get in early, the Startup free offering on Gateio will end at 6 AM on November 10th. The link is in the description. Be sure to check it out. 

 

Read More: https://www.gate.io/en/startup/261/?ch=podcastpot

 

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$ANGLE Review: https://gateio.buzzsprout.com/1825729/9475184-developing-web-3-0-stablecoin-angle-protocol-angle-altcoin-gems-5

 

*Disclaimer: The information presented in this podcast is for informational purposes only. Trading cryptocurrencies comes with high risks, so make sure to do your own research before committing your capital to any investment.

 

Music: BGM (Pixarbay)

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