Virtual economies are broken. In-game currencies are untenable if their value is volatile. Pricing and transactions are difficult without stability. Virtual economies are standalone. the value player earns (P2E) or pay into games are practically worthless outside that context. Game economies must be grounded in real-world value to be meaningful.

What is Chainverse?

Chainverse is a full-stack solution designed to abstract all the underlying blockchain technologies so that developers can focus on building great games without having to manage the steep learning curves. Easily integrated, interoperable with any major chains, and instantly giving access to a network of 50 million mobile users, ChainVerse provides developers with cheap, convenient, and effective end-to-end solutions to embark on their blockchain journey.

Outstanding Features and Technologies

What is the project trying to achieve?

In the way that money transfers value over time and bitcoin transfers value across trust boundaries, Chainverse mediates value transfer between the real and virtual worlds. Unbound Protocol is a DAO comprised of smart contracts working with validator nodes to circulate and price a medium of an exchange token. A highway for value transfer between real and virtual worlds will drive commerce to in-game economies.

NFTs for Games

• Instant utilities
• Seamless asset-crossing from game to game, chain to chain

No risk

• Keep your existing games
• Compliment them with new revenue streams

Instant access to relevant user & developer community

• 50 Million mobile users
• Network of 750 developers in Asia

One-stop-shop

• Powerful SDK
• Comprehensive core services & end-user services
• Seamless NFT & crypto wallet
• Vibrant market place

Abundant Defi Options

• Staking for rewards
• Universal reward token (CRT) to back your own game currencies

What is unique selling point?

Decentralized Stable-Token-as-a-Service

• CRT-medium of exchange token-unifies disparate in-game economies and enables efficient value transfer between games
• Stablecouns like Tether have a single point of failure. They are centrally issued and controlled, while Unbound is a DAO.
• They dictate the underlying asset, while Unbound lets users decide.

Full-service NFT ecosystem

• Gaming-dedicated sidechain
• Compatible with Binance Smart Chain and Ethereum Network
• Software Development Kit
• Core services smart contracts
• End-user services

Road Map

Technical Data

Token Metrics

Updating…

Token Allocation and Token Sale

Token release Schedule

updating…

Token Use Case

$CVT

• Governance token
• Powers on-chain computation
• Enables access to smart contracts for core services
• Enables access to end-user services

$CRT

• Universal reward token
• Designed for Play-to-earn Economy
• Medium of exchange between game economies
• Fungible with all in-game tokens
• Rates modulated through Automatic On-Chain Exchange System (ACE)
• Transparent pricing through DAO
• Liquidity from demand by POS Validators as earnings multiplier

Market and Community

Market

Gaming is a burgeoning juggernaut

• Gaming is a $178 billion business with 2.8 billion players worldwide.
• $100 billion virtual item sales
• New Growth lead by Non-Fungible Token sales that reached $2.5 billion in the first half of 2021. Gaming-related items made up 79% of sales in Q2 and 72% of secondary market transactions.

Digital adoption transforms society.

Gaming takes up nearly one full working day per week.

• The global average is 6.33 hours
• 26-35 age group spends 7.5 hours
• Digital media (social media, multimedia, information) adds 6.3 hours per day

We live nearly one-third of our lives in the digital realm

Backers

Team

ChainVerse was founded by gaming and blockchain veterans. The project is led by Tuan Nguyen (CEO), Vu Nguyen (CTO), and Robert Vong (COO) who bring more than 30 years of combined experience covering business, technology, and blockchain in these domains.

Partners

Investors

The investment from Appota Corporation and Kyber Network allows ChainVerse to leverage the networks, expertise, and resources in their arsenal. Appota is one of the top mobile game publishers in Vietnam with 50 million users in their game publishing, advertising, and fintech ecosystem. Kyber Network is a pioneering Ethereum liquidity platform that processed over $5 billion in transactions with more than 100 partner integrations.

Tuan Nguyen said in an interview: “ChainVerse is honored to announce the launch in partnership with Appota and Kyber, respectively champions in gaming and blockchain. Their capital contribution lays the foundation for the ChainVerse multiverse, but beyond that, their access to Appota’s network of end-users and developers combined with Kyber’s blockchain technology expertise reflects their commitment to the digital asset revolution.”

About Kyber Network:

Kyber Network aims to deliver a sustainable liquidity infrastructure for DeFi. As a liquidity hub, Kyber connects liquidity from various protocols and sources (e.g. KyberDMM) to provide the best token rates to takers such as Dapps, aggregators, DeFi platforms, and traders. Through Kyber, anyone can contribute or access liquidity, and developers can build innovative applications, including token swap services, decentralized payments, and financial Dapps — helping to build a world where any token is usable anywhere. Kyber is powering more than 100 integrated projects and has facilitated over US$7 billion worth of transactions for thousands of users since its inception.

About Appota Corporation:

Appota is a pioneering company in providing technology solutions and digital entertainment content in Vietnam. Their comprehensive entertainment ecosystem is comprised of over 55 million users. They are among the top three largest game publishers and the official partner to the Facebook Gaming Creator network in Vietnam. Their main businesses include: producing and distributing online entertainment content, online advertising, online payment, and Cloud business management solutions.

Advisors

The team is advised by Loi Luu, CEO of Kyber Network; Tuan Anh Do, CEO & Founder of Appota Corporation; Zhuling Chen, CEO of RockX; Thy Tang, CTO of Quint Group and Co-founder of Acquired Payments; Kenneth Oh, Senior Partner of law firm Dentons Rodyk; and Jeffrey Paine, Managing Partner of Golden Gate Ventures.

Verdict

Discovering and identifying promising early-stage projects in the crypto space is a big deal. The fact that investors lose hundreds of millions of dollars every year to scams is a clear indication that money is always there in the market, but it just flows in the wrong direction. ChainVerse is a unique ecosystem that bridges the gap between developers, investors, and promising early-stage crypto projects, bringing immense value to the overall crypto ecosystem. The project aims to provide users with multiple options to make a profit, including active and passive earnings. Users and players can earn while participating in many future projects. 

Find more information about ChainVerse

Website: https://chainverse.org/

Whitepaper: https://docsend.com/view/jqg4t4h87xf2e443

Twitter: https://twitter.com/chainverse_org

Telegram: https://t.me/chainverse_community

LinkedIn: https://www.linkedin.com/company/chainverse-co

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

VinceH

CoinCu Ventures