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NvirWorld NvirWorld

NVIR price
0.00837625 USD 2.19% 0.00000013 BTC

Financial indicators NVIR

  • Rank: 1141
  • Market Cap: 8816100 $
  • 24 Hour Volume: 2297250 $
  • Total Supply: 10698700000
  • Circulating Supply: 1052510000 (10%)

What is NvirWorld?

NvirWorld (NVIR) is a layer 2, hybrid decentralized NFT platform that allows creators and collectors to find, buy, sell and trade rare NFT items, which include art, collectibles, webtoons, music, virtual worlds and so on. NvirWorld acts as both an auction house and a growing virtual ecosystem.

NvirWorld is user-centric and, in the words of its creators, presents "the ideal digital environment." The NvirWorld ecosystem is based on three core products: NFT Marketplace, N-Hub (DeFi Synthetic Asset Exchange), and Nvirland (Metaverse Game).

The NvirWorld project offers its users:

Open market trade in unique digital works of art;

A premium category of artworks, supplemented by a curatorial service (this option applies to verified artists).

The official version of NvirWorld was launched in December 2021. The developers aimed to create an optimal environment for NFT trading, with high transaction processing speed, low gas fees and reduced maintenance fees, opening up a space where users can become artists and start buying and selling NFTs, as well as coexist peacefully with each other.

One of the differences between NvirWorld and other similar marketplaces is that the platform runs various CSR campaigns via NFT auctions and donations involving users from all over the world, rather than just focusing on promoting expensive NFT works. The pros of this strategy are lowering barriers to entry for NFTs from around the world and launching additional digital services that haven’t been seen or experienced anywhere except NvirWorld.

Who Are the Founders of NvirWorld?

The company was co-founded by Leo Kim and Benjamin J. at the end of 2021 (genesis date is Nov. 5, 2021). Leo Kim has held positions in electronics development and research at major corporations including Samsung Electronics and Agere Systems. As for Benjamin J., he has extensive experience and accumulated knowledge in global marketing and strategy. The CTO at NvirWorld is Leonard Bang, former Nexon USA Korea development team lead, Chukong Technology Joint Venture CEO, with experience at NCSoft, Nexon, and Kakao Games Project Majority Operation.

What Makes NvirWorld Unique?

The NvirWorld ecosystem consists of three main services:

NvirWorld Marketplace: layer 2, hybrid decentralized NFT platform. NvirWorld developers offer a transparent trading space based on a decentralized system and maintenance of a centralized system using hybrid technology.

Benefits:

Gas fees are lower ​​​​in comparison with other NFT trading platforms built on the Ethereum blockchain;

Reducing unnecessary gas costs during transactions;

Minimum service fee;

Users have access to the "open market" system for free trading and the "premium auction" system for owning selected valuable NFTs.

NvirWorld N-Hub: DeFi synthetic asset exchange. N-Hub allows any user to trade digital assets without restrictions, earning an equivalent profit from the contribution they make to the platform. Liquidity is generated through an automated market maker based on Nvir Protocol.

Users have access to synthetic assets without an intermediary account; users earn via basic rewards, earnings rate rewards, transaction fee rewards, and ranking competition rewards;

S2k L2 technology ensures network protection and solves the problem of transaction fees.

NvirWorld Nvirland: a blockchain (NFT)-based metaverse game.

The Nvirland space provides a play-2-earn (P2E) gaming environment and experience where users can access the swiftly changing digital ecosystem, blockchain technology and NFTs. Players explore, collect, combat, nurture and live with their characters, Adian in Nvirland. Users discover various digital technologies naturally, learning and experiencing the digital world.

Related Pages:

Read about SuperRare (RARE) and Rarible (RARI).

The latest data about Ethereum (ETH).

Learn more about NFTs with the CMC glossary.

How are NFTs changing the art industry? Find out with CMC Alexandria.

Top Six NFT Marketplaces.

How Many NvirWorld (NVIR) Coins Are There in Circulation?

NVIR is a utility token of the NvirWorld ecosystem deployed on Ethereum and endowed with governance functions. The total supply of NVIR is 10,700,000,000 coins, the allocation is as follows:

15% to reserve;

5% in private sale;

20% in token sale;

30% to the reward pool;

20% to the ecosystem fund;

5% to the community;

5% to the team.

Functions of the NVIR token:

By staking NVIR, users will be able to earn stablecoins and use them for synthetic assets and investments;

There is no service fee, when users purchase NFTs from the NvirWorld marketplace with NVIR;

The NVIR token is the in-game currency of theP2E game - Nvirland;

NVIR can be used on the decentralized platform N-Hub (stakers are rewarded due to the work of the platform);

NVIR operates as a network governance token where token holders participate in significant voting processes.

How Is the NvirWorld Network Secured?

NvirWorld is a project built on Ethereum, and NVIR is based on the ERC-20 token standard, tokens are transacted on and secured by the Ethereum mainnet. In addition, the transparency of the Ethereum blockchain can be used to guarantee the uniqueness of NFTs traded on the NvirWorld platform.

Another component that ensures the security of the network is NvirWorld's core technology: the S2k L2 system. The service secures abundant liquidity and volume by lowering entry barriers for DeFi transactions, solving problems with gas costs and providing convenience. The Wallet SPKey issued through S2k L2 is a security private key and belongs to a user.

Where Can You Buy NvirWorld (NVIR)?

As of June 2022, NvirWorld is available to trade on Uniswap (V3), BKEX and ZT.

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