“Virus World” A new concept of ‘V2E’ NFT community

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SEOUL, South Korea, Jan. 24, 2023 /PRNewswire/ — Blockchain tech­nol­o­gy has achieved remark­able growth in var­i­ous fields such as cryp­tocur­ren­cy, NFT, and DeFi (decen­tral­ized finance, DeFi). With its high secu­ri­ty lev­el and trans­paren­cy based on the char­ac­ter­is­tics of decen­tral­iza­tion, it has been point­ed out as a core infra­struc­ture for the real­iza­tion of Web 3.0, which is emerg­ing as the Inter­net ver­sion of the “third wave.”

In par­tic­u­lar, in the case of NFT (Non-Fun­gi­ble Token), it has been spot­light­ed as an alter­na­tive to real­ize a con­cept that was dif­fi­cult to think of eas­i­ly in the dig­i­tal world. Many investors were enthu­si­as­tic about the con­cept of a “unique asset” that can be ver­i­fied for authen­tic­i­ty and per­son­al own­er­ship, which led to a rapid expan­sion of the market.

NFTs were first used main­ly for auc­tions of works of art or sou­venirs, but have been grad­u­al­ly expand­ing their util­i­ty to games, meta­vers­es, and sports. The glob­al NFT mar­ket size has sur­passed $2 bil­lion by 2021, up from $100 mil­lion in 2020, and this mar­ket size will grow over the next few years as more peo­ple become aware of the ben­e­fits and util­i­ties of NFTs and the tech­nol­o­gy behind them con­tin­ues to evolve. There­fore, the tech­nol­o­gy and the mar­ket are expect­ed to grow rapidly.

Cur­rent­ly, var­i­ous NFT busi­ness mod­els exist in the mar­ket regard­ing NFTs.

The V2E (Virus to Earn) sys­tem is a unique fea­ture of the Virus World project, allow­ing Virus World NFT hold­ers to raise the lev­el of their NFTs by invit­ing oth­ers to the com­mu­ni­ty through refer­ral links.

As NFT own­ers pro­mote their refer­ral links and new users cre­ate NFTs through those links, the NFT’s link own­er’s XP (Expe­ri­ence Points) increas­es. When XP reach­es a cer­tain lev­el, the lev­el of the NFT goes up. The high­er the lev­el of the NFT, the high­er the min­ing pow­er, and accord­ing to the min­ing pow­er, Virus World’s own token, ‘ZVT’ token, can be mined.

Accord­ing to the Virus World team, these V2E activ­i­ties direct­ly affect hold­ers, indi­vid­u­als, and projects by induc­ing new users to par­tic­i­pate, grow­ing the project, and direct­ly influ­enc­ing com­mu­ni­ty expan­sion and their per­son­al rewards.

The team high­light­ed that this incen­tive sys­tem pro­vides strong moti­va­tion for mem­bers to active­ly par­tic­i­pate in grow­ing the com­mu­ni­ty and increas­ing the val­ue of NFTs.

Also, accord­ing to the Virus World team, “Teas­er page” and “VRWD Pre-min­ing App” was offi­cial­ly released on Jan­u­ary 25th.

The “VRWD Pre-min­ing App” was released, for the pur­pose of assist­ing users to under­stand the upcom­ing Virus World project and the V2E sys­tem, and allows users to pre-min­ing before the offi­cial V2E (Virus to Earn) sys­tem starts. It allows peo­ple to acquire M (Mint) points. These M‑points are said to be lat­er used to cre­ate NFTs in the Virus World’s pub­lic mint.

In addi­tion to that, the detailed descrip­tion of the project can be found on the Teas­er page and Virus World Offi­cial Medium.

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Cision

View orig­i­nal con­tent to down­load mul­ti­me­dia:https://www.prnewswire.com/news-releases/virus-world-a-new-concept-of-v2e-nft-community-301726381.html

SOURCE Virus World

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