The NvirWorld(NVIR) token is structured following the ERC-20 standards and serves as the currency for the NvirWorld ecosystem's various operations. This coin was introduced to the market to help as an exchange medium within the Nvir network to give users powers to be included in governance and be able to stake coins. This token gives users the chance to buy NFT in the Nvir ecosystem without being charged any service cost. In addition, the NvirWorld network compensates its stakers with NVIR tokens. The total number of NVIR tokens is well distributed in various sections of the NvirWorld ecosystem, like the Token sale, Private Sale, and Reserves sections. With this token's reception on its introduction, it is set to be listed in more exchanges and platforms to compete favorably with its competitors.
A Bit About NvirWorld
Leo Kim, whose background is in electronics development and research at companies like Samsung Electronics and Agere Systems, and Benjamin J., who has considerable knowledge and experience in global marketing and business strategy, are the brains behind NvirWorld. In Q4 of 2020, planning began on the NvirWorld initiative, and in Q1 of 2021, work started on the digital platform. The total number of Nvir tokens that can ever exist is 10,700,000,000. Reserve receives 15%, Private Sale receives 5%, Token Sale receives 20%, Reward Pool receives 30%, Ecosystem Fund receives 20%, Community receives 5%, and Team gets 5%. At this time, there are about 520,919,386 tokens available for use.
The token to bridge the platforms that encompass the NvirWorld ecosystem!CryptoLists.com
Following ERC-20 specifications, the NVIR coin is the foundation of the NvirWorld income model. The NVIR coin serves the ecosystem in several ways. NVIR may be utilized on the decentralized service N-Hub, and in the P2E game NvirWorld found on its parent ecosystem. In addition, it serves as a governance token for the network, allowing token holders a voice in crucial elections.
Utility of NvirWorld?
- Users have the opportunity to stake NVIR to generate stablecoins to be used for synthetic asset investments.
- When using NVIR token to buy NFTs from the NvirWorld marketplace, consumers don't have to worry about paying any kind of service charge.
- Nvirland is a peer-to-peer (P2P) game; the NVIR token is its in-game money.
- N-Hub, a decentralized site where NVIR token may be utilized (and where stakers are compensated for their efforts).
- Token holders of NVIR are able to take part in major voting procedures since the token is used for network governance.
NvirWorld Price details
ETH Contract address: 0x9d71CE49ab8A0E6D2a1e7BFB89374C9392FD6804›› Details & Tokenomics
Advantages of NvirWorld
+ The NvirWorld platform has not been hacked before.+ Users are able to stake coins for profits in stablecoins.
+ Stakers are compensated for their efforts through N-Hub in these tokens.
+ Token holders purchasing NFT with NVIR token incur zero service cost.
+ NvirWorld token holders can vote with tokens to help in network governance
Disadvantages
- The platform behind NVIR token is rather new to the crypto game.- It's not listed in most of the exchanges in the market.
- NvirWorld token faces stiff competition from already established tokens.
- The value is low, although it can rise with favorable conditions.
- NvirWorld token's utility is mostly centered on its ecosystem.
Costs
▪ Rated at 6.5/10The service costs for NvirWorld are 2% if you are a frequent seller. This means NvirWorld receives 2% of the gross proceeds from the deal. In contrast, Nvir's Pick Service costs 10%. In the Uniswap Decentralised exchange, swapping tokens costs 0.3%. As for Metamask, a transaction charge of 0.875% is applied to the total value of each trade that takes place on the platform.
Reputation and Buzz
▪ Reputation rated at 7.7/10▪ Buzz rated at 6.6/10
Building on its listings on a variety of smaller but fairly well-known exchanges, on which it has quickly garnered attention — NvirWorld intends to make more of its cryptocurrency available on larger exchanges in the near future. The ecosystem is prominent on Twitter and other social media, where it's attracted favorable buzz.
Some of the developers involved in NvirWorld
▪ Rated at 8/10The logos below represent some of the developers who have been involved in NvirWorld. Check out the developer about page, by clicking the logo. There you can see what coins they have developed and at what exchanges, brokers and trading platforms their coins are available.
FAQ
Who are the founders of the NvirWorld (NVIR)?
At the close of 2021, Leo Kim and Benjamin J. launched their firm, NvirWorld ecosystem, which uses NvirWorld(NVIR) as its primary token.
What is the service cost of buying NFT with the NvirWorld (NVIR) token?
When buying this from the NvirWorld marketplace, you get no extra cost on service fees.
What is the total number of NvirWorld (NVIR) tokens?
There will eventually be 10,7 billion (or 10,700,000,000) NVIR tokens in circulation.
What are some of the exchanges NvirWorld (NVIR) token is listed?
Although this token is still new to the crypto market, it's available on several platforms. Some of which you can find below.
How are the NVIR tokens distributed in its ecosystem?
The total number of NVIR coins have been distributed as follows:
15% to reserve
5% in private sale
20% in token sale
20% goes into the ecosystem fund
30% goes into the reward pool
5% goes to the community
5% goes to the team
History of NvirWorld
In Q4 of 2020, planning began on the NvirWorld initiative, and in Q1 of 2021, work began on the digital platform.
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