Boxmining

Tag: Metaverse

  • Lamina1 ($L1) Token Airdrop Guide: Testnet LIVE NOW!

    Lamina1 ($L1) Token Airdrop Guide: Testnet LIVE NOW!

    Lamina1 is a layer-1 blockchain based on a fork of Avalanche, built for the metaverse. It is co-founded by Peter Vessenes (co-founder of Bitcoin Foundation) and Neal Stephenson (award-winning author, coined the term “Metaverse”). Lamina1 has hinted on Discord at conducting a token airdrop for the community. In this article, we will briefly explain what Lamina1 is what you can do to position for the airdrop.

    Lamina1 ($L1) Token Airdrop Step-by-Step Guide

    Here’s how to get the Lamina1 ($L1) token airdrop:

    1. Create a Lamina1 Wallet
    2. Add Lamina1 Testnet to MetaMask
    3. Claim Testnet $L1 Tokens on MetaMask
    4. Claim Testnet $L1 Tokens on C-Chain Address
    5. Complete Tasks on Crew3
    6. Set Up a Node

    See below for more in-depth details!

    What is Lamina1?

    Lamina1 is a layer-1 blockchain optimized for the Open Metaverse. It is based on a fork of the Avalanche blockchain, providing builders a flexible framework to create digital assets. The network uses a high-speed proof-of-stake (PoS) consensus algorithm, customized to support the needs of content creators.

    Project Team and Funding

    Lamina1 was co-founded by Peter Vessenes (co-founder of Bitcoin Foundation) and Neal Stephenson (award-winning author, coined the term “metaverse”). The project has set up the Lamina1 Ecosystem Fund (L1EF), the world’s first publicly accessible ecosystem fund for layer-1 blockchains. It is designed to provide broad economic access to accredited investors interested in championing the Open Metaverse.

    Does Lamina1 Have a Token?

    Yes, Lamina1 has a native token called $L1. It’s a hard-capped, scarce asset that is used to pay for fees, and secure the platform through proof-of-stake. It has a basic unit of account between the multiple Subnets created on the blockchain. One nL1 is equal to 0.000000001 L1.

    How to Get the Lamina1 ($L1) Token Airdrop?

    The best way to get the potential Lamina1 ($L1) token airdrop is to interact with their testnet and complete tasks on Zealy. Here’s a step-by-step guide:

    1. Create a Lamina1 Wallet

      Go to the Lamina1 Web Portal and create a new L1 Wallet. Generate your key phrase and save them securely.

      After your wallet is created, you’ll be redirected to your portfolio page. At the top right screen, you’ll see your X-Chain, P-Chain, and C-Chain wallet addresses and QR code.

      X-Chain is for receiving funds, P-Chain is for receiving staking rewards and cross chain transfers, and C-Chain is for interacting with the Ethereum Virtual Machine (EVM).

    2. Add Lamina1 Testnet to MetaMask

      Go to the Faucet page. Click “Add Subnet to MetaMask” at the bottom, and you will automatically have the Lamina1 Testnet network on your MetaMask.

    3. Claim Testnet $L1 Tokens on MetaMask

      On the Faucet page, paste your MetaMask address and request 2 L1.

    4. Claim Testnet $L1 Tokens on C-Chain Address

      Paste your Lamina1 C-Chain wallet address and request 2 L1.

      The C-Chain can only be used to claim test tokens, because the faucet is only compatible with Ethereum-based wallet clients.

    5. Complete Tasks on Zealy

      Complete the tasks on Zealy to get the “Testnet” role. This allows Lamina1 to keep track of your participation. Those who participated by accruing XP on Crew3 will receive an End-of-Testnet Giveaway!

    6. Set Up a Node

      You can also set up a node and run it on the Lamina1 primary network. They have a complete guide on it.

    Airdrop Review

    When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

    Likelihood of Airdrop: Lamina1 has addressed the community on conducting a token airdrop. They will officially announce the details soon, so stay tuned for future updates!

    Airdropped Token Allocation: The total token supply is yet to be revealed.

    Airdrop Difficulty: For now, the tasks are simply claiming testnet tokens on Lamina1. More features will be released soon. You don’t have to set up a node if you simply want to be a user of the protocol.

    Token Utility: $L1 will be used for transaction fees and staking to secure the network.

    Token Lockup: There is no tokenomics yet.

  • Dotmoovs ($MOOV): Competitive Sports in the Metaverse

    Dotmoovs ($MOOV): Competitive Sports in the Metaverse

    Blockchain and play-to-earn games are rapidly becoming some of the most lucrative aspects of the crypto world. Players of these games get rewarded for partaking in their favorite activities while contributing to the platform’s success story. For instance, Sky Mavis – the team behind Axie Infinity – had generated over $400 million from the game by August 2021. According to Newswagg’s research, the crypto gaming industry’s revenue hit $321 million in 2020.

    Table of contents

    Notwithstanding the play-to-earn industry’s impressive numbers, there is an ongoing shift from play-to-earn to the new move-to-earn. Sometimes considered an upgrade to the former, move-to-earn also offers rewards to players with more focus on fitness. Move-to-earn games help improve player well-being by introducing physical movement and general fitness into gameplay. The move-to-earn concept is fantastic for people who are more fitness-focused and are not as ardent as the average video gamer. 

    One such example is dotmoovs ($MOOV), where active participants can easily monetize their time and gameplay. To take part, players only need a smartphone camera to display their sports skills and compete with other players.

    What is dotmoovs ($MOOV)?

    dotmoovs is a blockchain-based competitive sports platform in the metaverse. It is a state-of-the-art artificial intelligence system that analyzes videos of players performing sporting activities and rewards winners using its proprietary MOOV tokens. 

    dotmoovs has incorporated blockchain tech, decentralized finance (DeFi), and AI technology into one platform through its peer-to-peer and AI-driven features. In the dotmoovs metaverse, two people can compete regardless of location, receive unbiased judgment, and earn rewards. The platform decides scores using an AI-driven arbitration engine that detects the positions of each player’s body and limbs, along with a scoring algorithm that measures the player’s skill. According to a recent metaverse ranking, dotmoovs is one of 10 metaverse platforms most likely to explode in 2022. The list also features popular names like Decentraland ($MANA) and Axie Infinity ($AXS).

    The More You Move, The More You Earn

    dotmoovs features a freestyle football section that is already live. Players must use the platform’s mobile application to capture physical body movements. The application uses advanced computer vision algorithms and AI-driven limb tracking to accurately capture and store movements. The player with the highest score wins the round and receives $MOOV tokens and other in-game rewards.

    One of the main attractions of dotmoovs is its AI-powered and unbiased scoring system. In many cases, scores and ratings are usually prone to subjective appraisals and human biases. However, each dotmoovs player gets a fair chance to participate and receive objective scores and judgment. The more skilful a player is, the more their earning power.

    How Does dotmoovs Scoring Work? 

    Participants trying out the freestyle football section should note the following factors considered for scoring players:

    1. Number of ball juggles for different body parts according to difficulty
    2. Creativity applied to ball juggles
    3. Speed 
    4. Rhythm
    5. Ball height in each juggle
    6. Originality (compared to previous attempts)
    7. Absence of handball or ground touch fouls

    dotmoovs Growth and Adoption for Blockchain

    The dotmoovs platform contributes to the general growth and development of the blockchain and crypto ecosystem via its AI-based infrastructure. The blockchain industry is currently enjoying increased adoption, especially with decentralized finance and non-fungible tokens (NFT). dotmoovs is pooling all parts of the ecosystem for its unique product, and crowning its creation with artificial intelligence. The platform is now set to partake in the global NFT market that generated $23 billion in trading volume in 2021.

    Another major dotmoovs contribution is its attraction to the sports community. Through the platform, sports lovers, players and spectators alike, can join the blockchain ecosystem and earn on dotmoovs by simply participating in their preferred and natural habitat.

    Several factors serve as catalysts to increased adoption of move-to-earn platforms. For instance, people now have a stronger need for physical activities as worldwide lockdowns are ending. As winter wraps up and the weather becomes warmer, dotmoovs provides the perfect platform for users to get fit, enjoy the weather, and also earn.

    Investors are also recognizing the potential impact of move-to-earn platforms and are buying in. In the past few months, a few projects have raised funds from investors who have identified these trends and want a piece of the action before adoption skyrockets.

    Another factor in favor of dotmoovs and move-to-earn is the low entry barrier. Users find move-to-earn platforms easier to navigate than play-to-earn for multiple reasons. Firstly, effective participation on play-to-earn platforms requires knowledge of the game. There is also the financial barrier as many of these games charge an entry or starting fee. On dotmoovs, all you need is to know how to move.

    $MOOV Utility Token

    The $MOOV token is dotmoovs’ native utility asset. The platform uses this asset to create an environment free from currency value constraints, democratizing access by providing all players with a level playing field. All dotmoovs transactions require $MOOV tokens.

    $MOOV Token Use Cases

    Players can use $MOOV to:

    • Buy dotmoovs NFTs

    Players who own dotmoovs NFTs can participate in challenges to earn $MOOV and rent the NFTs to other players. Players can also earn $MOOV tokens on challenges won with rented NFTs. 

    • Access-Challenge Mode

    Users need $MOOV tokens to play in the platform’s Challenge Mode. Players who win 1 vs. 1 games or tournament challenges will also earn more tokens. 

    • Stake In Sports Mining

    Users can multiply their tokens and earn rewards by staking $MOOV using the dotmoovs Sports Mining staking feature.

    dotmoovs is set to capture interested sportsmen and sportswomen by introducing them to the growing blockchain ecosystem. Since people only need a camera to participate, players all over the world can enjoy simple dancing and sporting activities and easily earn while at it.

    Dotmoovs exclusive models

    Dotmoovs creates exclusive models for their app, and have so far already created models for names such as Snoop Dogg, Floyd Mayweather, and Neymar. Now, Dotmoovs will be partnering with Leandro Lopes, an internationally successful handmade footwear and apparel designer from Portugal, to design an exclusive NFT sneaker for use in the app.

    Dance to Earn

    dootmoovs has recently launched their Dance to Earn feature on their app. Players can have a maximum of 3 free practices of the dance moves per day to get themselves ready for peer-to-peer and challenge mode! In these modes, you can either challenge your friends or find a random challenger across the globe to see who is the better dancer. To join, you will need to choose how much $MOOV you would like to invest (up to 500 $MOOV per challenge). Win the challenge and you will win more $MOOV.

    It is anticipated that more types of dance challenges would be available soon, as well as a tournament mode.

    Official Channels

    Website — https://dotmoovs.com/
    Twitter — https://twitter.com/dotmoovs 
    Telegram — https://t.me/dotmoovs 
    Discord — https://discord.gg/ucYDnJPFNY 
    Youtube — https://www.youtube.com/channel/UC7ekcwCyhL9K24ix9zvQFrQ 
    Medium — https://dotmoovs.medium.com/ 
    Instagram — https://www.instagram.com/dotmoovs/ 

    Frequently Asked Questions

    What is dotmoovs?

    dotmoovs is a sports application with incredible competitions held in the metaverse. Currently, there are football competitions with dance competitions in the works.

    Where can I download dotmoovs?

    The dotmoovs application is available for download on both the Google Play Store or the Apple App Store

    What is the dootmoovs token?

    dotmoovs has its own native token- $MOOV. All transactions inside the app happen in $MOOV. For example, you would need $MOOV to participate in peer-to-peer or tournament challenges. Winners of these challenges can earn more $MOOV.

    Can you rent NFTs in dotmoovs?

    dotmoovs has an NFT rental program so you can try out and participate in dotmoovs with minimal initial cost.