What is Noxal NFT?
NFTs are taking over traditional markets as one of the cutting-edge blockchain technology integrated inventions. As NFTs are initially created for the purpose of bringing arts out to the world and promoting real talents. Claybox Studios are known for their strength of designing digital arts, which mainly focuses on 3D models.
As millions of gamers have shown an interest in game items, be it for the social value or just for collecting, there has been a big demand for them. However, gamers have complained that the process of obtaining these prized items is not straightforward and is extremely expensive. This is where Noxal It comes in with its innovative idea. Noxal is completely decentralized, meaning everything related to the blockchain can be traced and stored virtually forever. Noxal It leverages its own in-game resources (OXA) to conduct transactions as well as mint new game items which means that as fewer tokens are available in circulation, their value would also rise accordingly.
This platform are first blockchain general public base, which has all kinds of common applications and games that you can use. The ultimate goal of The Noxal is to create an eco-incentive world for developers and end users to participate in. And to demonstrate how this level can be achieved, making life as real as possible, a lot of creativities will be shown every day in our world, which are also called DApps (Decentralized Applications).
How Does Noxal It Work?
The Noxal Network is the base layer of Noxal It where every user will start their gaming experience. By using a blockchain technology, the development of new games on the platform is made quicker, easier and cheaper for developers. Noxal's main source of revenue would come from their application's token: $OXA. This is where it gets interesting . Since only users who hold any amount of $OXA can participate in the game, the value of $OXA would increase as the volume of the game increases.
Noxal is only accepting deposits of $OXA and $SOL. You'll want to buy your OXA tokens on OpenSea or OAX Token Bridge before depositing them into Noxal. You'll also need to add $SOL because each NFT in Noxal has an associated Sol token that players can spend in-game for special effects. At Noxal, our main goal is to help you achieve your success!
Noxal Game Flow Mechanism
OXA is an in-game currency of a role-playing game, Noxal It. Noxal It is a blockchain-based game with in-game assets and game characters stored on the Ethereum network. The flow of Noxal It is governed by smart contracts, which are immutable and independent of the game's owners or developers - it can't be changed or hacked.
The game itself has three levels. The first level is its foundation. The player can either buy OXA tokens from exchanges or get them for free in the game. When the player gets OXA for free, it starts at Level 01 and needs to hold for a certain time to evolve to Level 02. To evolve NFTs, players need to spend a certain amount of $OXA token and $SOL in order to evolve the NFTs.
If the player chooses to buy OXA tokens from exchanges, he will get Level 01 OXAs which need to hold for a certain time before evolving into Level 02 OXAs. Level 02 OXAs also need to hold for a certain time before becoming Level 03 OXAs.
OXA Token Information
- Token Name: OXA
- Public Price: $0.0065
- Total Supply: 1,000,000,000
- Network: SOLANA
- Contract : ZSBbYvvVNLsdq6Ud8aoeeUdFDRYhWfbufeUDg6UeHwG
OXA token is a deflationary evolvable non-fungible token (NFT) on the Noxal platform. It is created by burning $SOL in order for us to minted our own NFTs, which can be used in the game or sold on The Noxal Store. Players need to deposit money to be able to own OXA tokens, as well as characters or in-game items. When they were first created, all NFTs would begin at Level 1.
To evolve the NFT, it's required to hold it for a certain time and spend a certain amount of $OXA token and $SOL in order to evolve. There are 3 Levels in total. When an NFT develops, it creates a product NFT and destroys the old one, thus the total number of NFTs in circulation never fluctuates. Evolving the NFT would affect its in-game stats in multiple ways depending on its rarity structure.
Team Of Noxal
The Noxal team consists of a great deal of enthusiastic gamers who are familiar with the industry and passionate about their work. They are also experts in blockchain technology, which is what enables them to create a unique gaming experience that is intended to be widely accessible. Noxal's goal is to bridge the gap between virtual gaming items and real-world assets, something they believe will bring in a new era of gaming and entertainment.
Latest Partnership - The Noxal And Verichains
The Noxal is honored to have Verichains as partnership. The Noxal’s utmost priority is the security and safety of Users & Investors. Therefore, Noxal decided to partner with Verichains, the leading security firm in APAC, who played an active role in resolving the hack of Ronin and BNB. With believe that with the partnership, this Noxal can reach the highest security level.
The Noxal will be using Verichains’s technology and expertise to protect its core infrastructure. The Noxal believes that this partnership will help its user experience become more seamless and convenient than ever before.
The Roadmap
Having a team filled with proficient artists and designers, The Noxal aims to take advantage of its product strengths to develop an NFT ecosystem with artistic and financial applications. As this platform operate The Noxal’s ecosystem according to the project’s roadmap, there are certain types of audience that we need to target on. NFT investors and traders would be our first priority.
In Summary, Noxal is combining artistry and technology in the era of crypto-collectibles With cryptocurrencies and digital asset tokens growing in popularity, the Noxal platform will say that it’s okay to engage and enjoy the new trend. This project would help NFTs to multiply and make profits out of their collection. I personally suggested this project because i think that it would be more popular in the later days of blockchain technology. It would also benefit the users due to the mentioned reasons above. I also believe that it would be very useful in game development.
#TheNoxal #PlayandEarn #NFTs #GameFi #Gameplay #Droid
Don't forget to join the community of The Noxal to up to date latest newsDon't forget to join the community of The Noxal to up to date latest news
Website: https://thenoxal.com/
Twitter: https://twitter.com/thenoxal
Telegram Global: https://t.me/TheNoxal
Telegram Channel: https://t.me/TheNoxalOfficial
Discord: https://discord.gg/9ghReAbRkf
Author
BTT Username: Freida Zanija
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=3424990
SOLANA Wallet Address: G8KV4HbRe8DN97QcTyS8ZLubmZPQd6D4Z4zAcXQJswYp