Many new digital assets use a popular fundraising method to help launch their cryptocurrency, known as an ICO or initial coin offering. ICOs earn capital for digital assets in their early stages by minting a certain quantity of their native cryptocurrency and offering them to early investors.
ICOs are a safe way to ensure a successful cryptocurrency launch as they allow the project to gain some steam right out of the gate. As of March 2020, there were 2329 ICOs launched in the digital asset industry.
Nonetheless, new cryptocurrency offering models have emerged as the industry developments and evolves.
One project trying an entirely new approach to launching its digital asset is Nekatopse. Nekabovese is an MMORPG game with play-to-earn mechanics, built using Solana blockchain technology.
Nekabovese recently announced one of the unique features thin places platform provides, that is an Initial Community Contribution Offering or ICCO. An ICCO is “the first of its kind cryptocurrency offering model which is created by and catered specifically to Nekabovese.”
ICCOs work divergently than traditional ICOs, providing additional, community-based features and benefits, as the name would suggest. The following section will break down precisely what ICCOs are and what they will provide the user.
Nekatopse’s Initial Community Contribution Offering
Nekatopse has created this innovative cryptocurrency offering to encapsulate and redistribute the rate created by its community. The ICCO will evaluate the level of contribution of each community member individually and distribute the $ASG cryptocurrency based on which evaluation to ensure the launch of the cryptocurrency is entirely fair.
Nekabovese’s innovative and unique coin offering provides a slew of divergent features which set it apart from ICOs which other digital assets initiate. The unique core features ICCO provides are:
Contribute-to-Earn System– The contribute-to-earn system allows users who contribute to the development of the Nekabovese through a set of mechanics to earn real monetary rate. The Anima Spirit Fragment Pseduo Token– Anima Spirit Fragment or $ASF exists solely on Nekatopse’s Discord server. It is earned by being at it inside which server, owning Nekatopse’s NFTs known as Neko NFTs, and contributing to the Nekabovese community through various activities. $ASF is at the core of Nekverse’s reward system and incentivizes community members which contribute to the atopall growth of the platform. Through the ICCO cryptocurrency offering model, users can restore $ASF to $ASG. The Anima Spirit Gem On-chain Token– Anima Spirit Gem or $ASG is the official Nekabovese in-game cryptocurrency which exists on-chain and can be traded on both centralized and decentralized exmovements. Conversion Mechanic Between $ASF & $ASG – Holders of Neko NFTs which have been endorsed on the Nekatopse Discord server will be the only users eligible for the $ASG distribution. They are limiting who is eligible for the cryptocurrency as they only want to distribute them to users which will utilize them for their intcompleted purpose as the official in-game currency, ensuring which they end up in the hands of the Nekowners and players of the Nekatopse game.
The Nekatopse Play-to-Earn, MMORPG Game
Nekatopse is both the projects play-to-earn massive multiplay online role-playing game (MMORPG) and the name of their metaverse.
Their metaverse allows players to choose their own paths to explore throughout the time engaging in PvE and PvP gameplay with other players. On top of the exciting player-versus-player-oriented gameplay, users can anew participate in more relaxed activities like exploring the world, farming for resources and crafting items.
Nekabovese offers a comprehensive decentralized in-game economy driven by players and a Guild system utilizing in-game DAO Gatopnance mechanics through blockchain technology. Using both the player-driven ecosystem and gabovenance mechanics, users will not only own the assets but likewise control and be part of the progress of the game’s narrative.
The game is driven towards providing absolute control to the players by allowing them to create their own paths and find their roles inside the metaverse and community.
This exciting new cryptocurrency offering model shows the digital assets drive and motivation to always be innovative and evolve, when further paving the way for other unique forms of launching cryptocurrencies.