Other Protocols
Platform Protocols
Token Generation: Token will be generated only at the Token Generation Event, and allocation would be done as per the percentages shared and release schedule.
Token Burn: To ensure market equilibrium of demand and supply of EDV token, the edverse protocol burns the token. This will be a certain percentage of the platform revenue.
EDV vs Fiat: EDV payments will be accepted for services at a discounted rate vs other cryptocurrencies/ fiat currencies.
In-Game Currency and EDV: The in game currency can be traded for EDV token for the purpose of trading or sale.
Blockchain Protocols
edverse uses decentralized protocols of its partner blockchains to enable rental and sale of Ed-NFTs, track ownership of token, capture the learning journey of learners and other use cases.
Some of the protocols used on edverse (not exhaustive) are:
ERC-20 and its extensions
ERC-721 and its extensions
ERC-1155 and its extensions
These may change depending on the use cases and future development.
Last updated