With artificial intelligence and increased profits, Feed3 (FD3) plans to become the new crypto king and replace VeChain (VET) and Ripple (XRP)
Updated: 08 September 2022 11:48 STI
New Delhi [India]September 8 (ANI/ATK): Blockchain technology is becoming popular every day and many people are taking advantage of its versatility. What started as an alternative to fiat currencies has grown into a billion dollar industry. Bitcoin (BTC), which is the first known cryptocurrency, has been adapted and improved by crypto enthusiasts who want to increase the cost of digital currencies. While Bitcoin remains one of the most sought after cryptocurrencies, specific issues have been identified with it. The proof-of-work consensus used by Bitcoin uses a ton of energy and attracts high transaction fees; this has been a discouraging factor for those interested in joining the crypto train. As a result, new coins are developing with advanced blockchain technology and a better decentralized system.
Power3 (FD3), VeChain (VET) and Ripple (XRP) are some of the recent pioneering coins with the desire to make cryptocurrencies accessible and cheaper. VeChain is a currency built on distributed government and Internet of Things (IoT) technologies to solve important data problems for industries such as medicine, food and beverage, sustainability, etc. Ripple (XPR) is a decentralized system that offers low transaction fees, speed, and scalability to users. It is also carbon neutral and energy efficient. Feed3 (FD3) is a community-driven token that hopes to merge gaming experience with blockchain technology.
Business Boost Guaranteed with the VeChain (VET) Token
VeChain is a globally oriented enterprise blockchain platform that plans to help businesses grow and become more efficient by leveraging the distinctive properties of the VeChain Thor blockchain to develop applications that will, in turn, benefit to business operations. The network provides solutions for these businesses to link their physical operations to blockchain-based services. This innovation has been successfully adapted to logistics, NFT ecosystem, games, logistics, etc. In simpler terms, the VeChain network tries to build a bridge between physical and blockchain transactions.
The ecosystem uses two tokens, VET and VTHO. VeChain (VET) is used to transfer value to other VeChain users for salaries, payments and remittances. VTHO, the second token in the ecosystem, is used as the network’s platform gas token, settlement of transactions, and as payment for payment for the creation of smart contracts. The VeChain network uses a different consensus algorithm known as Proof of Authority (PoA) to help secure transactions and maintain the blockchain. To deploy blockchain-based solutions in record time, the VeChain network uses the VeChain ToolChain. This blockchain application includes blockchain-as-a-service (BaaS), platform-as-a-service (Paas) and software-as-a-service (Saas) solutions to ensure that users running their businesses succeed on the network.
Can Ripple (XPR) succeed as an alternative to Bitcoin?
Designed as an alternative to Bitcoin, Ripple (XPR) token focuses on developing instant and cheap cross-border payments. It depends on a public ledger called XPR Ledger to store transaction data. The network uses a consensus algorithm based on the Federated Byzantine Agreement (FBA) model. With this model, all transactions are transparent, meaning anyone can become a validator. Additionally, all verified transactions can be processed without a single point of failure, and no participant can make an independent decision. In 2017 and 2018, the Ripple (XPR) token temporarily replaced Ethereum as the second-tier crypto. Additionally, it has in the past been ranked alongside Bitcoin and Ethereum as one of the top three cryptocurrencies by market capitalization.
Feed3 Token (FD3): Taking Artificial Intelligence to the Next Level
The Feed3 Token (FD3) is a web 3.0 economy powered by blockchain technology developed to enhance user experience with blockchain-based games. It also enhances interaction with a decentralized application (dApp) through voice notes powered by artificial intelligence. Essentially, the introduction of gambling and the metaverse is a newly established concept in the crypto community. Merging an already existing gaming community with digital blockchain technology is a smart move for the Feed3 network as it will automatically increase engagement on the platform. As a community network, users will be rewarded for their efforts and contributions with FD3 tokens. To achieve this, a Feedback-to-Earn (FB2E) model is merged with the Play-to-Earn model of the blockchain game. With this, a secondary income channel will be created for users and players by sharing their comments and opinions.
With the Freeda network of algorithms, Feed3 platform processes govern and collect incoming audio feedback. With Freeda, players can record audio commentary in plain English and send it to the product development team. As a result, everyone on the platform is involved in the development of the network. Moreover, to enhance this idea and create better opportunities for gamers, AI-based innovation must be merged with a blockchain-based solution. Additionally, the Feed3 team managed to create F3 BOTS, smart NFTs that can process voice feedback, generate FD3 tokens, and create passive income for users.
Is Metaverse a great addition to the Feed3 (FD3) token?
Metaverse is a relatively new addition to the cryptocurrency industry. As a result, it is not an aspect that has been explicitly explored, but crypto experts have predicted considerable growth potential. Some international brands and tech gurus have shown interest in Metaverse. Due to its infant stage, there is plenty of room for multiple people to explore and define what Metaverse means to them. With the possibility of its greatness, Feed3 decided to exploit this, join the virtual world and help existing projects gain valuable information from users by giving them the ability to record audio comments. The creators of Feed3 will partner with these current metaverse projects and hopefully make their mark as well. These partnerships were chosen based on community size, popularity, reputation, investment partners, etc.
Some of the networks and plays Feed3 hopes to work with include The Sandbox (SAND), Decentraland (LAND) and Otherdeed for Otherside. Due to their significant contributions to the development of Metaverse, Feed3 decided to establish a connection with them. This proves that Metaverse is a nascent innovation that will likely rise in value shortly. Merging the metaverse with artificial intelligence and gaming will make Feed3 stand out in the crypto industry.
What’s on the Tokenomics Feed3 (FD3)?
The Feed3 (FD3) token is a BEP-20 coin on the BNB smart chain. There will be a total supply of 8.74 billion coins in circulation. 35% of these tokens will be sold during the presale, 25% for exchanges, 15% for partnership, 10% will be reserved for the team, Advisors will be entitled to 5%, and 10% will be for marketing. During the presale, prices will fluctuate; in the first stage, the initial cost will be $0.005, the price in the second stage will be $0.008, and the price in the last stage will be $0.01.
Feed3 Roadmap (FD3)
To achieve the goals that Feed3 has set itself, a five-step plan has been developed. The first phase will see the launch of the website, the start of the Freeda building, the acquisition of the annotated audio data and the publication of the white paper. The second phase will include the FD3 private sale, the development of the FS2E model, the listing of FD3 tokens on CoinGecko and CoinMarketCap, and the selection of blockchain partners. In addition, the third stage will be the FD3 public presale, the production of the first batch of F3 BOTS, the collaboration with influencers, and the launch of the FB2E version and product demo. The fourth phase will include the listing of Feed3 (FD3) tokens on centralized exchanges, the completion of the Freeda building, the launch of play-to-win partnerships, and the launch of the F3 dApp. Finally, the final phase will include initiating metaverse partnerships, completing the F3 dApp building, expanding to other blockchain networks, and launching the Bug Bounty initiative.
There is a massive and continuous expansion of digital currency. With the initial idea of creating a decentralized monetary system, it evolved to include a virtual world, metaverse, artificial intelligence, and more. To populate and further expand these innovations, Feed3 jumped on the bandwagon. Gambling, a popular concept among young people, will rise in value as Feed3 intends to merge with the digital currency. Running on a decentralized system, Feed3 involves everyone in the decision-making process and even encourages users to record audio comments to increase the reach of the platform. Feed3 (FD3) is a cryptocurrency that dreams of changing people’s perception of crypto and showing them that it can be much more than an alternative to physical and fiat currencies.
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