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Dream Idols: The Future of SocialFi Fan Economy Coming this October
September 20, 2022
MINS
The unbelievable Web3 metaverse entertainment that we can expect now.
Crypto’s Premiere Idol Group
The renowned Web3 entertainment company, X World Games, has been hard at work in the past few months, creating what is considered the biggest SocialFi project to date in the crypto industry.
Dream Idols: Fantasia, crypto's first ever metaverse idol group, launched and built on the BNB Chain. An ecosystem created by the world's largest cryptocurrency exchange Binance.
Features four virtual idols that will have their personalities and performances acted out by real-life girls behind the scenes. The Dream Idols have garnered attention in various crypto communities after X World Games recently revealed their first Idol, Andal.
Now, the X World Games is revealing their ambitious roadmap and how they plan to make this SocialFi/Engage to Earn venture a hot new project in the cryptocurrency and entertainment industry.
Dream Idols Fan Economy
As with all SocialFi projects, the X World Games team wanted to create a dynamic way to reward their community for their commitment to the Dream Idols project. The X World Games team is introducing "Engage-to-Earn", a fan economy allowing users to earn crypto assets through regular engagement with the Dream Idols.
The first step in participating in this new crypto ecosystem is to purchase one of three tiers of "Fan NFTs", ranging from Genesis Producers to Super Fans to Casual Fans. To create the most diverse community possible, the X World Games team wanted to provide equal opportunities to participate for all levels of commitment.
The Dream Idols fan economy will also introduce two new crypto assets, JOY, and DREAM. These assets will be crucial in how fans can support their favourite idols as they will be the main determining factor in ranking their popularity.
More details on the Fan Economy system will be revealed throughout October 2022.
Genesis Producer Invitations & App Reveal
Around the beginning of October, the X World Games team will also be revealing the official Web portal for desktop users on their website - Dreamidols.Fans, with IOS and Android app, launches to follow.
The site portal will act as the central hub for Dream Idol fanatics, allowing users to participate in the fan economy, watch live idol streams, and converse with fellow supporters.
Also, during the beginning of October, top-tier community members and partners will receive an exclusive invitation to become one of our Genesis Producers. Genesis Producers are the ecosystem's highest tier of fans and will be granted the unique responsibility and privilege of creating fan clubs to support their favourite idols.
Dream Idols Origins: First Look
Towards the end of October, the fans will have their first chance to participate and engage with their favourite Idols during public live streaming events. Andal will be the first idol introduced and begin live streaming to the community, followed by the rest of the Dream Idol girls.
Fans will also get to read about the origins of Andal, Betty, Catherine, and Luceo before they became Dream Idols. Events, sneak peeks at the Dream Idol's music, personalities, and more will be slowly introduced to invite the fans into the Dream Idol world.
Building the Future of SocialFi
A key part of any crypto project is its potential to grow, and with X World Games' Dream Idols, the potential is seemingly limitless. With an entire fan economy in the works, music in production, and a huge metaverse concert to be hosted, the future is looking bright for this SocialFi phenomenon.
X World Games CGO and Co-Founder Edwin Liu has this to say about the future of the crypto industry and Dream Idols,
"Despite recent market sentiments, I believe that Dream Idols will be the light at the end of this very dark tunnel. XWG puts a lot of effort into ensuring that every part of this project is not only rewarding for our users but just fun in terms of entertainment as well! We're excited to see how the community will engage with this project as we have so much more in the works for the future of Dream Idols."
The Dream Idols project will be making huge strides starting in October 2022. X World Games also estimates the global SocialFi economy with NFT is now worth roughly $10 billion in market value and expects this sector to grow to $2 trillion within the next 8 to 10 years. Not only has X World Games launched Dream Idols, but the ecosystem has integrated a third-party-produced game called Hero Card. With the rapid growth of their gaming catalogue alongside this new industry venture, X World Game is set to become an entertainment and media conglomerate in the cryptocurrency industry.
About Dream Idols
Dream Idols: Fantasia is crypto's first virtual idol group consisting of four themed versions of NFT hero characters from the popular P2E video game Dream Card incorporated with SocialFi fan economics- developed by X World Games.
About X World Games
Founded in 2018, X World Games ("XWG") aims to build the next-gen decentralized gaming metaverse.
X World Games' vision is to build a diversified gaming ecosystem that connects traditional gamers with the blockchain world and invites more game developers into the crypto space by creating and providing the underlying blockchain framework. With its gaming innovation, crypto game - Dream Card & Hero Card, Metaverse entertainment - Dream Idols, NFT Marketplace and DeFi Pool, X World Games now serves over 2 million registered gamers. It has quickly become the fastest-growing crypto gaming platform in the ecosystem. X World Games is headquartered in Singapore with a 100+ dynamic team located worldwide.
Media Contact
Company Name: X World Games
Contact Person: Edwin Liu
Email: edwin@xwg.games
Address: 1 Marina Boulevard #28-00, One Marina Boulevard
Country: Singapore
Website: https://xwg.games/
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This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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PancakeSwap v3 Launches on BNB Chain’s Layer2 Network, opBNB
September 28, 2023
The launch of PancakeSwap v3 on opBNB promises users enhanced transaction speeds, reduced fees, and an overall improved trading experience.
On September 28, PancakeSwap Decentralized Exchange (DEX) announced the launch of PancakeSwap v3 on BNB Chain’s Layer2 network, opBNB. The announcement was made official through a post on its official X account and shared details via its blog.
According to the protocol’s blog, the new PancakeSwap v3 on opBNB promises traders and liquidity providers a host of benefits. These include the opportunity to trade with reduced fees, enjoy increased returns, and experience enhanced capital efficiency. Further, the Layer2 network ensures these advantages are delivered with high throughput and minimal gas fees.
opBNB, which powers this new integration, is built on the bedrock version of Optimism’s OP stack. It stands out as a swift Layer2 solution within the BNB Chain ecosystem.
Addressing the Layer1 Limitations
One of the significant challenges with numerous Layer1 blockchains has been handling high transaction volumes. With the introduction of opBNB on PancakeSwap, this issue is addressed.
The opBNB network boasts the capacity to handle over 4,000 Transactions Per Second (TPS). Additionally, it offers a minimal gas fee, which can go as low as $0.005. This ensures improved throughput and scalability for users.
In the words of the DEX, “PancakeSwap on opBNB offers a scalable solution; the opBNB network accommodates over 4,000 TPS and reduces gas fees to under $0.005 for transfers. Users enjoy improved throughput without sacrificing decentralization by offloading processing to Layer 2 while posting data to BNB Smart Chain.”
Expanding the DeFi Space
This recent integration marks opBNB as the sixth Layer2 network to be deployed on PancakeSwap v3. This expansion provides users with a broader range of options in the Decentralized Finance (DeFi) space.
Chef Mochi, the Head Chef of PancakeSwap, shared insights on this development, stating that the integration showcases the DEX’s dedication to promoting widespread adoption and empowering users in the cryptocurrency arena.
“By joining forces with the opBNB, PancakeSwap is pleased to bring users more accessibility and functionality than ever before. Our decision to launch on opBNB reflects our continued commitment to driving mass adoption of DeFi, empowering users, and fostering a vibrant DeFi community,” Mochi said.
The launch of PancakeSwap v3 on opBNB is a significant step forward in the DeFi space, promising users enhanced transaction speeds, reduced fees, and an overall improved trading experience.
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Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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