itemVerse

Attractive New Game' combined with Crypto Tokens along
with SIEGEANDUNITE's rich blockchain experience to deliver GameFi
that keeps users entertained and profitable

Overview

ITEMVERSE'S BACKGROUND - TROUBLESHOOTING THE CURRENT DIGITAL CONTENT MARKET

The problems facing the digital content industry are as follows.
· High Platform Fees
· Users Fight for Digital Asset Sovereignty
· Huge advertising and marketing costs
· Difficulty in recruiting and financing users due to intensifying competition in the digital content market
The above issues are not the ones that have emerged recently. Although these problems have been accumulated since the digital content market was formed, they have not yet found a suitable solution. ItemVerse is a project started to solve these problems.




Past Problem Solving Attempts - Using Blockchain to Embrace New Technologies

In the gaming sector, game developers have made new attempts to introduce Blockchain to solve problems in the gaming market, but have not achieved a breakthrough. The precedents such as "CryptoKitties" and "My Crypto Heroes," which once accounted for more than 15% of the global Ethereum transaction ratio, are recorded as relatively successful examples.

However, due to reasons such as technology with high barriers to entry and high initial cost of deployment, it is evaluated as a technology that game developers cannot easily introduce.




Goal

Attractive New Game' combined with Crypto Tokens along with SIEGEANDUNITE's
rich blockchain experience to deliver GameFi that keeps users entertained and profitable




NFT Market Development

Development of NFT Market to Trade NFT Content

P2E Game Development Development of NFT Soft Wallet and Hard Wallet DEX Development Demo video


Add games through DAO proposals and votes in the future SDK provided

Provides SDK for ITEM (ITEMVERSE Platform Token) to allow external game interworking through DAO.

Two Track Token Economy

ITEM: Main token, for direct investment in GameFi, NFT purchases and transaction uses, up to 5 billion to be issued

NFT providing own trading platform and Wallet for easy use

Provides its own platform for NFT transactions




Foundation

Daniel Sung Ug Kim Chairman

Graduated from the Department of Business Administration, New York University (NYU Stern)

Current) Director of Political Affairs of the Seoul ilbo

Current) Advisory member of Job committee under the presidency

Current) Advisory member of the Theminjoo Party of Korea's Blockchain Revitalization Project Division

2018 Korea Press Association Award for Best Contribution to Social Development

2020 Ministry of Public Administration and Security, Central Committee for Social Safety Prevention, Korea's Best Person Award for Social Contribution

Development Team

Advisor

Lee Judya representative Advisor

CEO of Crypto Judy

Litmus CMO

Contribute as SSX, Sandbox, and Bifrost Supporter

Joung jupilAdvisor

Current) Blockchain Today magazine publisher

Current) NFTnara.io CEO

Current) Korea Fintech Association Director

Former) Samsung Electronics management innovation team

JANG MIN Advisor

Postech Industry-Academic Cooperation Association Professor (current)

Chief Executive Officer (current) of POSTECH Blockchain

He has served as an advisor for many blockchain projects, including ICON and SOMESING

LG Electronics Central Research Institute, Shinji Soft, Hancom Group Planning and Coordination Office, Duzon IT Group, etc

itemVerse Game

NFT item NFT item

Polygon will be adopted by considering the L2 chain, which is fast with the blockchain and has a small transaction fee

NFT Ecosystem Policy

NFTs for each game and NFTs for all games exist
NFT Gacha Box: Random box to get NFT for all games, available via Staking/Yield Farming
NFT generator: a tool that allows users to create their own NFTs for the design
NFT Marketplace: NFT Exchange Integrated with Wallet

NFT Market ItemVerse NFT Market

The ItemVerse NFT Market serves as a system for ItemVerse's NFT asset trading and has the following functions.

Creating and Managing NFTs, Authorizing
Pre-sales banner management
Market transaction item management
Block data and transaction data management and inquiry

Block data and transaction data are used as information for statistics.
Due to the transparent nature of Blockchain, it is possible to know which game transactions are active and who has which NFT items.
Based on this, ItemVerse can deliver meaningful information to game developers or operators.


Token Overview

ITEM (ITEMVERSE Platform Token)

PurposeGameFi Direct Investment, NFT Item Purchase and Transaction
ChainBinance Smart Chain (BSC)
In-game useUsed to purchase, trade, evolve, synthesize NFT items
GovernanceDAO proposes and votes on platform development, direction, and direction of the DAO

GameFi Revenue Factors

1. Staking: Users deposit tokens, earn interest, and provide pools for different periods of time

2. Yield Farming: Provide collateral for LP token pools and NFT pools and earn interest

Tokens issued in the game

Each game added to the platform has a separate in-game goods, acquired through game play, and can be swapped with tokens from ITEM or other games through DEX.

Since these tokens are frequently issued and burned and must be used in the game, a large fee burden is incurred when issuing them as BSC tokens with high gas costs.
It will be issued on the L2 chain such as Polygon and Optimism, and will be issued as a token with an unlimited amount.

Purpose

Basic Coin for Play2Earn with In-Game Tokens Earned Every Day in Game
Stage/Dungeon Clear, Level Up, Daily Mission, Tournament, Competition, etc

Chain

Polygon

Containment of inflation through various uses
and incineration

Supplementary goods for new NFT creation, such as NFT fabrication/jin/synthesis
Reinforcement of NFT and Maintenance of Level Up
Various incinerators such as participation in tournaments, participation in lads, etc
Reclaimed tokens are incinerated in accordance with the pricing algorithm

Transaction

Direct transactions between users
Create NFT and exchange for another token

※Total amount of issue not determined







Notice

[아이템버스 코인 및 백서 변경 건]

2022-05-02

[싱가포르 법인 SIEGEANDUNITE PTE. LTD 에서 (주)한국엔에프티 인수]

2022-05-02

[(주)한국엔에프티와 NETPAPA 간 공동사업 해지 건]

2022-05-02