Company Profile
On May 11, STYLE Protocol (STYLE) has been launched on HIBT. STYLE Protocol (STYLE) is a company building decentralized infrastructure, aiming to make all virtual worlds interoperable. Through its protocol, NFTs can be transformed into functional 3D assets that can be used in any game or metaverse. Founded in 2022, the company is dedicated to creating breakthrough infrastructure solutions for the future of virtual worlds and Web3. STYLE is currently open for trading on HIBT.Development process
2022
The STYLE Association proposed the concept of a decentralized protocol connecting all metaverses and games and began testing the infrastructure in a number of different cases.
Through an initial private token pre-sale, the company secured a small pre-seed funding round to fund development.
Published a white paper and a draft of the token economics of the decentralized STYLE protocol, and won first place among European blockchain deep technology startups.
2023
Developed MVPs for the protocol’s main features and worked with more partners to make NFTs interoperable.
Created SDKs for Unreal Engine and Unity to bring virtual assets into VR environments.
Launched Alpha early access phase, offering $STYLE tokens to early backers, and preparing for a public IDO in 2024.
2024
Publicly launch $STYLE tokens and launch mainnet to increase usability.
Allow $STYLE holders to convert their NFTs into assets for games and virtual worlds.
Launch a DEX pool and arrange further CEX listings to increase token liquidity and availability.Token Economics
Token Type: Governance Token
Total Supply: Not mentioned
Token distribution:
Team and consultants: 10%
Old holders: 35%
Investors: 8%
Rewards/DAO: 25%
Partners and community: 12%
Treasury: 10%Mission and Vision
STYLE Protocol's mission is to make assets and NFTs compatible and usable in virtual worlds, games, and the metaverse. Through creative technology solutions, the company is committed to building a future that enables the connection of multi-world assets and the monetization of game assets.Technology and functionality
3D NFT: Allows NFTs to be converted into functional game assets.
Asset Redefinition: Utilizing the STYLE protocol to redefine game assets, some visual examples are provided.
Utilities: Through STYLE tokens, players can introduce NFT and other assets into games and virtual worlds, and realize the transfer, use and income of assets.
Conclusion
STYLE Protocol (STYLE), as an important infrastructure provider connecting virtual worlds, games and metaverses, is committed to promoting the interoperability and liquidity of virtual assets. Through its innovative technology and cross-border cooperation, the company builds a seamless connection network for the future virtual world and provides users with broader virtual experience and asset management opportunities.