Bitcoin News and Finance
Dvision Network Bringing a New NFT Experience on Enjin Blockchain Network Skip to main content

Dvision Network Bringing a New NFT Experience on Enjin Blockchain Network

Dvision Network has emerged as one of the fastest-growing NFT and blockchain gaming protocols in recent months. The blockchain protocol has made significant progress since its inception and continues to create new milestones.

The latest is a partnership with the leading NFT ecosystem provider and creator of the ERC-1155 token standard Enjin. Enjin is a significant stakeholder in the NFT sector and has played a crucial role in developing blockchain-based gaming, metaverses, and NFT projects.

Dvision migrates to Enjin blockchain

Dvision has migrated to the Enjin blockchain and will now leverage the potentials of launching its NFT metaverse across five different blockchain protocols. It should be recalled that Dvision Network was initially launched on Ethereum and also supports the Binance Smart Chain network.

Since Enjin is committed to online games and NFTs, Dvision has the opportunity to showcase its products to a well-established blockchain community. Furthermore, according to the press release, Dvision will leverage Enjin’s infrastructure and API to increase the type of NFTs desired by the clients.

Users can design and mint NFT avatars via the character creator tool and mint them across the different blockchains. Since Enjin deploys, the JumpNet feature, NFT minting takes less power and is based on the proof-of-authority (POA).

POA is a unique consensus delegates validation process to only authorized parties and would reduce power consumption by 99.85%. This makes it more effective than existing proof of work systems like Bitcoin and Ethereum.

Dvision will also be operating the popular Enjin NFT blockchain protocol Efinity. Efinity is a parachain built on Polkadot and provides a good exposure of Dvision features to the Polkadot community.

Multiverse ecosystem

Dvision recently launched an Open Beta Test on June 30, 2021, that allowed users early access to some of the features offered in Dvision World. The test, which would feature several phases, has already gone through the first two phases of testing.

Participants could test features like My Space, Character Customization, and Community Leaderboard system. So far, the testing has been a success, with many people turning up to test the new features.

The Open Beta Test has launched new features on the Dvision Network platform, including the NFT Market currently operating in Beta Mode. As a result, Dvision’s user base has also witnessed exponential growth, and the project is ranked fifth in the metaverse ecosystem behind Sandbox, Decentraland, Axie Infinity, and Enjin, according to data from CoinMarketCap.

Dvision Network has also gained traction on Binance Smart Chain by integrating with leading projects including PancakeSwap, Injective Protocol, SafePal among others. This development has extended the use-cases of DVI tokens within the fast-growing BSC ecosystem.

Upcoming events and developments

Dvision is expected to continue on its roadmap following the migration to Enjin blockchain. In addition, the metaverse is launching its first conference mentioned on the roadmap in collaboration with Lambda 256, the affiliate of the Dunamu. The event tagged Luniverse partners day is expected to discuss the local NFT ecosystem.

In addition, a special lecture will be held to help participants check for potential legal issues within the NFT market while exploring potential regulatory problems within the NFT sector. Hosting Luniverse Partners Day is a major milestone achievement for Dvision as it is a gathering of top blockchain stakeholders in South Korea.

It should also be noted that the Dvision Network team is continuously making significant developments in the marketing and business aspects, holding different cross-promotion activities and campaigns focused on expanding its community. Currently, the Dvision community comprises over 200,000 members across all social media channels.

Dvision has also embarked on high-profile partnerships with other blockchain protocols to improve its infrastructure. For example, the NFT metaverse revealed a strategic collaboration with BSC turnkey solution platform Ankr in June. To learn more about Dvision Network, visit the website.

This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory