Started by PocketOption, Jan 29, 2023, 03:03 pm
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Broadway is a new and interesting project. It aims to allow people to participate in and experience performances, shows, and entertainment in a new way. The company uses blockchain technology. It plans to create immersive, quality shows in the Metaverse. In addition, the team introduced the platform's native utility token - BRO. The latter will enable its holders to benefit from rewards and access to counterparties both in the Metaverse and in the real world.
The company launched the token's ICO sale on October 1, 2022. It will end on February 2, 2023. The BRO token is quite high-ranking on various ICO listing platforms. Its total supply is 1400000, but only some percentage is available for purchase.
Broadway Production took the mission to bring the show to the audience and give people new experiences. Moreover, the team stated that innovation and technology have always been the heart of its production. The Defi space attracted more attention, so the company decided to move in that direction. That's why it decided to launch a new project – BROADWAY META.
The team will enable customers to experience shows and performances innovatively while getting rewards from the platform for their participation.
This new ecosystem for anonymous and decentralized apps attracted investors recently. NewEternalLife also launched its token on October 1, 2022. The sale ends on December 30, 2023, though. The total supply of ELT tokens is 1,000,000,000. The platform accepts ETH, BTC, USD, LTC, BCH, TRX, BNB, USDT, and XRP in exchange.
The NewEternalLife team wanted to create a parallel world with 100% anonymity and decentralization. All the basic ideas of this project already exist in some form in different projects of other Defi companies. However, the team has the vision to unite and combine all these functions and ideas into one blockchain and one app. That includes crypto and communication technologies.
Moreover, anonymity and security are the most important cornerstones of this project. The team started working on this project in 2018, gradually incorporating more ideas and use cases into the project. The company started the programming of NewEternalLife in 2021 after defining all use cases that the project includes.
Afterward, the company started developing, programming, and testing the NewEternalLife blockchain. It created the testnet and started the testing of the transactions. Over the next phase, the team created individual applications for all use cases planned for the project. The company is already ready to bring individual use cases online, thus, making them available to the broad community.
NewEternalLife plans to integrate all use cases into the main app of the project. That will happen gradually. The team wants to allow the community to get to know and understand this extensive App better. After the company finishes this process, it will remove all individual applications from the App stores.
The company aims to offer a strong metaverse with interesting features. Initially, it will offer only the Play to Earn packages and the decentralized cryptocurrency casino. As this is the most extensive part of the whole NewEternalLife project, the company will publish a large number of individual sub-steps one after the other during this phase.
GitHub is a great addition to the project. After completing all use cases, the team will publish all source codes and the entire project on GitHub. As the individual phases are linked together, parts of individual phases sometimes will go online in another planned phase. But investors and community members will have access to them. The company wants to be as transparent as possible.
Furthermore, NewEternalLife uses a Layer-1 Proof-of-Work blockchain. The latter has an extremely fast transaction speed, which is a great advantage. The company also uses the latest technologies when it comes to the platform's encryption. The team employs the ED25519 encryption technique. It boasts a character length of 64 digits. As a result, ED25519 is currently one of the most secure encryption techniques available.
NewEternalLife also provides its own mining devices. The company will use them as mesh network routers. According to the team, the mining technology is CPU based and quite economical. Still, the team will allow people to use mining within Windows- and Linux-based operating systems at first, along with its own mining devices.
This phase will enable solo mining, as well as mining via a specifically provided mining pool. However, the company noted that mining would be possible with the in-house mining devices only after the mesh network reaches a certain stage of expansion. A blockchain-based security level will ensure that identifying the mining devices.
The company is building its own mesh network called - EternalLifeMesh. It aims to enable internet-independent peer-to-peer communication with this network. The customers will be able to use it for the NewEternalLife messenger service. However, the team noted that it couldn't guarantee comprehensive network coverage right from the start. Thus, the company will build it up gradually.
Currently, it's negotiating with Helium (a decentralized wireless network) to set up its network on the latter's technology as an overlay in the initial phase. Helium already boasts a density of around 970,000 hotspots around the world. It offers high coverage in urban areas particularly.
By partnering with this company, NewEternalLife will be able to offer a very high area coverage right from the launch of its mesh network. Moreover, the team will provide login to the mesh network independently via the Wallet App, saving it outside of the operating system. As a result, the company will ensure that only authorized users will use the network.
One of NewEternalLife's great features is its wallet. In fact, customers will be able to use the NewEternalLife app for various functions - doing everything they want fast and easily from one place. The team calls its app – the NewEternalLifeWallet (shortly – ELWall). It will grant access only to authorized users, allowing them to use the services of NewEternalLife. This app will be extremely user-friendly and simple despite its diverse usability.
The post Broadway introduced its trending token, BRO. What about ELT? appeared first on FinanceBrokerage.
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