Dear Crypto millionaires,
While looking to find what to invest in new ICO, i come across another interesting ICO to share that meets my requirement.
Introduction:
What is DenCity?
DenCity is an Ethereum Blockchain and AI powered metaverse with an engaging and immersive VR experience and lets you make a world of your own. A user will not only be able to explore, learn and create a life of his/her choice in accordance with the real world rules but also earn tokens that will be of use in the real world
Advantages of DenCity:
- using Ethereum blockchain
- solving the problems of no real user incentivization and zero control of users on governance
- Technology used to run Dencity platform is based on 3 layered architecture
namely
a)VR/AR: Interaction layer,
Virtual reality is the most fundamental block of our complex DenCity system. It is only recently that VR environments have been getting so much traction.
In DenCity, VR is basically the interaction layer that provides the interface for the citizens to participate, contribute and live in the environment(s).
VR makes it possible to
• Visualize and manipulate things that you cannot see in the real world • Take on different perspectives • Visualize 3D concepts • Interact in real time • Present realistic or abstract scenarios
b)Blockchain : Ownership layer
Blockchain is used to store records of ownership of particular assets:
This cryptographic approach requires Denizens to use public/private keys to identify and authenticate the current owner. However, there can be cases where a person may lose his private key and thereby access to the all his assets in the virtual world.
c)AI, Intelligence layer.
Artificial Intelligence(AI) has evolved tremendously over the past few years. AI is able to determine the best course of action suited for the user when he/she is offline using the data available from other players’ actions and one own’s previous actions .
- DNX token will be main medium of exchange so that you can earn while playing.
- revolutionary change in game incentive which is disruptive nature and attract masses
- decentralised governance
- has social capital features
- rules and principles such as interdependence, self reliance, human rights and duties, relative temporality, economics
emotional modelling - What you can do and make money is unlimited : rent your real estate to real life brand, publish digital content, rent place to socialise, buy and sell at marketplace, buy or sell at meeting spaces, education
- Strong management team
Token Distribution:
Maximum Supply: 3 billion ( 30% pre sale & ICO, 2% bounty)
Price: 0.034 per token
Soft Cap: 5 mill usd
Hard Cap: 30 mill usd
Presale Date: completed
ICO Date: Start 20 jan 2018 for two months
Bonus depending on amount of contribution
Website: https://dencity.life/
Disadvantages:
- new concept and technology ...chance of failure is high
- No bonus for contribution less that 1 eth
Analysis:
At the current price of 0.034usd, the market cap of usd 30mill. This is considered very low. The potential of profit growth is quite high.
If we compare with the 50th market cap of usd281mill, profit potential is 9 x. If we compare with the 20th market cap of usd1375mill, the profit potential is 45x. If we compare with the top 10th market cap of usd7000 mill then profit potential is 233x.
Based on your risk appetite, it is worth buying Dencity.
If you want to know more about the project, click on the following:
Website: https://www.Dencity.life
WhitePaper PDF: https://dencity.life/downloads/dd2033b744da151da8fea9db18ac7ae0.pdf
Official bounty link- https://bitcointalk.org/index.php?topic=2604805.0
For any bounty related queries please email: [email protected]
Reddit: https://www.reddit.com/user/Dencity_life/
Twitter: https://twitter.com/dencity_life
Facebook: https://www.facebook.com/dencitylife/