INTRODUCTION TO WAKANDA INU
In an economy where scarce goods and services are traded in exchange for cryptocurrencies, a ‘digital black market’ is inevitable. Where there’s a demand, there’s a supply and the market for in-game virtual goods is huge. The global video gaming market is predicted to reach $138.9 billion by 2020. In 2017, one gamer in the United States spent $88.3 billion on in-game content. This is the reason why NFT marketplaces are so lucrative. NFT stands for “non-fungible token” and they are unique, meaning they are not interchangeable. They are unique and they can be used to represent ownership of physical and digital assets.
NFTs (Non-fungible tokens) are the future of blockchain. They are unique and can’t be copied or destroyed. They provide the basic for building a massive ecosystem for gaming and real-life applications. Today, we are going to tell you about a project called WAKANDA INU that is going to create a huge ecosystem for NFTs.
WAKANDA INU TOKENOMICS
Wakanda Inu is a non-fungible token (NFT) marketplace. In the US, a NFT is considered a security. Securities are not allowed on Ethereum. Therefore, Wakanda Inu's NFT are ERC721. This allows for the trading of non-fungible tokens on the Ethereum blockchain. The ERC721 token standard does not specify any methods for transferring tokens. The standard is a "contract" that defines the properties of a token. The ERC20 token standard defines methods for transferring tokens. Wakanda Inu is a cartoon, collectible, and fictional dog on the Ethereum blockchain. The purpose of this token is to illustrate the capabilities of non-fungible tokens (NFTs) in a fun and engaging way. This token is meant to serve as a toy and not a digital asset. The token is based on the ERC721 standard, which means it is a non-fungible token. This simply means that each one of a kind token has different attributes and values than any other token. Collecting these tokens is similar to collecting sports cards or baseball cards. Each token is unique and valuable in its own way.
In the Marvel movie Black Panther, Wakanda is a fictional country and is a home to a fictional metal called Vibranium. In some of the previous Marvel movies, Vibranium has been referred to as the “metal of the gods” and “the greatest power in the universe”. Vibranium is used in the creation of Captain America's shield and has been used to make almost everything in Wakanda, including the Black Panther's suit and Shuri's many technological innovations. In the movie, Wakanda is also home to a black market that trades in Vibranium. In the film Black Panther, Wakanda was a secret and isolated nation that housed the most advanced technology on the planet. The Black Panther suit was made from synthetic vibranium, a rare metal found only in Wakanda. This is the inspiration for our tokenomics. Our token is called WAKANDA INU, which is a play on the word "vibranium" and the word "dog" in Japanese (inu). WAKANDA INU is a non-fungible token (NFT) that will be used to purchase Black Panther movie merchandise on the newly opened NFT marketplace.
WAKANDA INU ROADMAP
WAKANDA INU is a decentralized gaming platform for NFTs. It has a full stack that allows users to earn NFTs on the platform and play NFT based games. This will be the first platform to offer the full stack for a gaming platform. We are building an open source system, meaning that developers will be able to create their own games on the WAKANDA INU platform and sell them on the marketplace. WAKANDA INU will also offer a game store with AAA titles and a developer store.
WAKANDA INU is a tokenized digital asset that is backed by real dogs and cat. The WAKANDA INU project is a long-term project with a mission to protect the pet population by creating a decentralized ecosystem with the adoption of blockchain technology. The WAKANDA INU ecosystem is designed to provide pet lovers with the ability to participate in the blockchain ecosystem by taking care of pets and generating rewards. WAKANDA INU also aims to protect and secure the adoption of animal-related products and services through the implementation of smart contract technology and decentralized applications.
CONCLUSION
Wakanda Inu is a marketplace that is working with a mission to create a space for NFTs (Non-Fungible Tokens) to be traded. We want the community to understand that the space is still very small and that many projects will fail. But if you want to be a part of the NFT space and you want to help be a part of it, join the links below and read the Whitepaper.
USEFUL LINKS
Website: https://www.wakandainu.com/
Telegram: https://t.me/wakandainu
Twitter: https://twitter.com/Wakandainu
Facebook: https://www.facebook.com/wakandainu
Medium: https://wakandainu.medium.com/
AUTHORS DETAILS
Bitcointalk Username: Esty2281
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2737693
Proof of Authentication: https://bitcointalk.org/index.php?topic=5381374.msg59027488#msg59027488
Bsc Wallet Address: 0xA181d93387DF684AD94D79f40E77E16f1BfE1a39