Aurora — A Metaverse token to watch in 2022
Metaverse is a public blockchain project that aims to provide decentralized services based on digital assets, digital identity and value intermediaries in order to build an open ecosystem in which information and value are freely circulated. Based on original blockchain technology and innovative consensus algorithms, Metaverse aims to break the technical barriers of blockchain technology and to promote the rapid circulation of digital assets, to lower the threshold of digital asset investment, to improve the liquidity of virtual assets, and to ultimately facilitate their practical use in the real economy.
Metaverse is a decentralized open platform of smart properties and digital identities, based on public blockchain technology. It provides a foundational infrastructure for social and enterprise needs, including digital asset management, identity management, data exchange, and more.
Metaverse tokens are utility tokens that are used to buy in-game items. However, they can also be used as a cryptocurrency to invest, pay for services and products on the platform and transfer funds across the globe instantly. The tokens are currently traded on multiple exchanges.
The use of metaverse tokens is not limited to buying virtual items in games. You can also use them for investing and trading. They help you make secure transactions from one point to another without an intermediary. The transaction will be cheaper, quicker and transparent using these tokens. This means that if you have any Metaverse tokens saved, you can use them to enjoy a lot of benefits.
You will see a drastic change when it comes to dealing with Metaverse tokens especially if you consider the fact that this blockchain platform is decentralized and highly secure. There is no doubt that this will be the future of cryptocurrencies in the world today. And that’s why you need to rethink your investments in 2022!
Let’s look at the use cases for metaverse tokens:
1) Digital Identity
2) Data Exchange
3) Blockchain-based Ecosystems
So here are my two cents on a great Meme token to watch in 2022 :
The Aurora Meme Token :
Aurora is the main utility token of the Decentralized Virtual Ecosystem called — Aurora Dimension.
Recognised globally, Aurora has multiple practical utilities. Inspired by the values of popular meme tokens it aims to bring every Blockchain and DogeCoin enthusiast together. Aurora is the pioneer token of the developing economy for the virtual universe.
Here is the updated tokenomics of the Aurora token.
Supply: 10000 Trillion Total
Burnt supply: Purchase deflation fee: 15% Selling deflation fee: 20%
Purpose (Buy): 8% marketing 7% destruction 3% entering virtual bank
Purpose (Sell): 7% destruction 10% repurchase
When the token is destroyed to 3000W Billion, stop Destroying and stop all mechanisms on the chain.
[buy/sell tax] reduced to 0%
You can find more details of the project here :