edverse whitepaper
  • Welcome to edverse!
  • Overview
    • Concept of edverse
      • Challenges of the existing education landscape
      • Addressing these challenges
      • The edverse revolution
      • How is edverse better than other Metaverse companies
      • How is edverse better than other Ed Tech companies
      • The Edverse Opportunity
    • Team and its legacy
      • Our Legacy
    • edverse Platform Features
      • Platform Features
        • The Metaverse Landscape
        • Immersive Courses
        • AI Assistant
        • LearnSpaces
        • Creator Tool
        • Marketplace
      • Official Links
    • Stakeholders and their roles
      • Educator
      • Learner
      • Creator
      • Promoter
    • Edverse Assets
      • Ed-NFTs
      • Promoter NFTs (Land)
      • Ad-NFTs
      • e-Cruisers NFTs
      • Style NFTs
    • EDV Token
      • Earning Tokens
      • Token Utility
      • Network effects
      • Demand Drivers
      • Allocation
    • Governance
      • Governance Council Functions
      • Governance Council Members
      • Community Members (EDV HODLers)
      • Other Protocols
      • Content Reviewer
    • Partnerships
      • Elysium
      • Polygon
      • Investors and Strategic Partnerships
      • Institutions who have partnered with us
    • Roadmap
    • Recognition and Awards
    • Platform Revenue Streams
    • Disclaimer
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On this page
  1. Overview
  2. Governance

Other Protocols

Platform Protocols

  1. 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.

  2. 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.

  3. EDV vs Fiat: EDV payments will be accepted for services at a discounted rate vs other cryptocurrencies/ fiat currencies.

  4. 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.

PreviousCommunity Members (EDV HODLers)NextContent Reviewer

Last updated 1 year ago