Exverse

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Discover Exverse's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Exverse?

Exverse (EXVG) is a cryptocurrency token associated with a blockchain-based gaming metaverse that integrates AAA web3 and AI technologies. It allows players to engage in first-person shooter games while earning rewards, utilizing a play-to-earn (P2E) model.

How is Exverse used?

Exverse (EXVG) is the main ecosystem token used in both the in-game marketplace and the broader crypto community. Players can earn EXVG by participating in various activities within the game. The token can be used for purchases such as NFTs, season passes, and exclusive content, offering flexibility with credit card payments for in-game assets. Additionally, EXVG earnings can be converted into coupons, which can be used for purchases from various vendors, including popular platforms like Amazon and Grab.

How do I store Exverse?

To store Exverse (EXVG) tokens securely, it is recommended to use a crypto wallet. There are two main types of wallets: hot wallets and cold wallets.

Hot Wallets

Hot wallets are connected to the internet and allow for quick and online payments. They are suitable for frequent trading and are often used by beginners. Popular hot wallets include Coinbase Wallet, MetaMask, and TrustWallet. These wallets can be downloaded as extensions on Google Chrome or as apps from the iOS App Store or Google Play.

Cold Wallets

Cold wallets, on the other hand, are offline and provide higher security. They are ideal for storing large amounts of cryptocurrency over a long period. Cold wallets are not connected to the internet, making them less vulnerable to hacking and other online threats. It is essential to accurately note down the secret recovery phrase or seed words provided during the setup process to ensure you can recover your wallet if needed.

Best Practices
  • Always research and choose a wallet that works well in your area, accepts your payment method, and follows your preferred policies.
  • For beginners, hot wallets are advised for frequent trading, while cold wallets are suitable for long-term storage.
  • Keep your wallet and recovery information secure to prevent unauthorized access.

By following these guidelines, you can safely store your Exverse (EXVG) tokens and manage your cryptocurrency investments effectively.

How to buy Exverse?

To buy Exverse (EXVG) tokens, follow these steps:

  1. Choose a Crypto Wallet: Select a reliable crypto wallet that supports your preferred payment method and policies. Popular options include Coinbase Wallet, MetaMask, and TrustWallet. You can download the wallet extension on Google Chrome or the wallet app from the iOS App Store or Google Play. Consider the type of wallet suitable for your trading preference, such as hot wallets for frequent trading or cold wallets for long-term storage.

  2. Set up Your Wallet: Create an account by providing personal information and a strong password. You will receive a Secret Recovery Phrase or Seed Words, which are crucial for recovering your wallet in case of loss. Accurately note these down before proceeding.

  3. Buy a Base Currency: Choose a cryptocurrency exchange platform and purchase a base currency, such as Bitcoin, Ethereum, or Tether, which will be used to trade EXVG. For beginners, it is advised to start with a small amount to minimize risks.

  1. Transfer Funds to Your Wallet: Withdraw the base currency to your crypto wallet. Log into your exchange account, provide your wallet address, and specify the amount to transfer. Wait briefly for the funds to appear in your wallet.

  2. Select a Decentralized Exchange (DEX): Choose a DEX that supports your wallet, such as Pancake Swap. Compare trading fees and liquidity of the trading pairs before selecting a DEX.

  3. Buy Exverse (EXVG): Connect your wallet to the DEX and select EXVG from the list. Enter the amount you want to trade. Remember to diversify your portfolio and avoid FOMO trading.

  1. Locate Smart Contracts (if needed): If EXVG is not listed on the DEX, use bscscan or etherscan to find the smart contract address. Copy and paste it into Pancake Swap, ensuring you have the correct address to avoid scams.

Popular exchanges to buy and trade Exverse include PancakeSwap, Bybit, and Gate.io.

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History of Exverse

Exverse (EXVG) is a cryptocurrency token that powers a new AI-driven, free-to-play gaming universe. The project began in stealth mode during Q3-Q4 2022, with the game concept and development starting alongside the launch of its website and social media presence.

In Q1-Q2 2023, Exverse received a grant from NEAR and showcased a game demo, releasing a litepaper and establishing strategic partnerships. The project also received incubation support from KuCoin Labs during this period.

During Q3-Q4 2023, Exverse conducted a seed raise, formed merchant partnerships, and initiated a marketing campaign. The project also launched an ambassador program and underwent an infosec audit.

In Q1-Q2 2024, Exverse entered its private and public IDO rounds, with listings on various launchpads including ChainGPT Pad, Seedify, and others. The token was priced at $0.04 for the private round and $0.055 for the public round.

The Exverse team, led by CEO Ooi Fei Hoong and Co-Founder/CPO Alexander Chernow, has a strong background in AAA games and web3 startups. The project has secured significant funding from investors such as Moonrock Capital, Cogitent Ventures, and NewTribe Capital, and has established partnerships with industry leaders like Kucoin Labs, Maven Capital, and the NEAR Foundation.

Exverse aims to create a community-driven gaming universe where players can own, trade, and rent in-game assets through an in-game marketplace. The project's roadmap includes the full game launch, the addition of social and quest planets, and the launch of token staking and mainnet in Q3-Q4 2024.

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How Exverse works

Exverse (EXVG) is a cryptocurrency token that operates within the Exverse ecosystem, a player-driven universe that combines elements of gaming, AI, and community empowerment. Here's an overview of how it works:

Ecosystem Token: $EXVG

The $EXVG token serves as the primary token for the Exverse ecosystem. It is obtained through active participation within the platform, such as engaging in various game modes, completing objectives, and interacting with the game's system.

In-Game Currency: $EXVS

In addition to $EXVG, Exverse has a secondary in-game currency called $EXVS. This currency is exclusively acquired through active gameplay and interaction within the game's system. Players use $EXVS to purchase in-game assets like skins, season passes, and exclusive content, enhancing their gaming experience and progression within the virtual world.

Marketplace and Payment Options

The Exverse marketplace allows players to acquire NFTs, season passes, and exclusive content using either $EXVG or $EXVS. Additionally, players can use credit card payments for various in-game assets, providing flexibility in transactions.

Token Supply and Listing

The total supply of $EXVG tokens is 400,000,000. The token was listed on April 24, 2024, at an initial price of $0.055.

Staking and Earning Potential

Exverse offers staking opportunities with a high annual percentage yield (APY) of 55.0%. This allows users to maximize their crypto earnings by staking their $EXVG tokens.

Trading and Investment

To invest in $EXVG, users need to follow a series of steps, including choosing a crypto wallet, setting it up, buying a base currency, transferring funds to the wallet, selecting a decentralized exchange (DEX), and finally trading the base currency for $EXVG. It is essential to research and compare trading fees, liquidity, and market trends before making any investment decisions.

Game Environment and Features

Exverse is a free-to-play first-person shooter game that incorporates elements of Web3 and AI. The game is divided into three planets: Social Planet, Quest Planet, and Battle Planet, each offering unique gameplay experiences. Players can earn tokens and NFTs through various game modes, and the game features a marketplace for trading and exchanging these digital assets.

Overall, Exverse (EXVG) is a cryptocurrency token that operates within a gaming ecosystem, offering a unique blend of gaming, AI, and community empowerment.

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Exverse's strengths

The token Exverse (EXVG) has several strengths that contribute to its potential and appeal:

  1. Dual Token Economy: Exverse operates on a dual token economy, with EXVG as the primary token and EXVS as the in-game currency. This setup allows for a clear distinction between the ecosystem token and the in-game currency, facilitating a more organized and efficient system.

  2. Multiple Earning Opportunities: Players can earn EXVG tokens through various activities such as participating in tournaments, watching and earning, selling self-crafted NFTs, engaging in match staking, and completing high-end PVE content like clan raids. This diversity of earning methods encourages active participation and rewards players for their engagement.

  3. Flexibility in Spending: EXVG tokens can be used for a wide range of purposes, including entering matches, purchasing premium items, acquiring NFTs, supporting high-end clan operations, and facilitating P2P marketplace transactions. This flexibility enhances the token's utility and value within the Exverse ecosystem.

  1. Strong Core Team: The Exverse team consists of experienced professionals with a background in AAA games and web3 innovation. This expertise ensures that the project is well-managed and positioned for success in the web3 space.

  2. Community Empowerment: Exverse aims to give the community a significant role in shaping the game's future. Players can craft their own unique gaming scenarios using NFTs, contributing to the ongoing development and evolution of the Exverse universe. This community-driven approach fosters a sense of ownership and encourages long-term engagement.

  3. Sustainable Economy: The tokenomics of Exverse are designed to support long-term growth and sustainability. The project's focus on creating a sustainable economy ensures that users can grow and adopt the ecosystem over time.

These strengths collectively contribute to the potential of Exverse (EXVG) as a cryptocurrency project, offering a robust and engaging ecosystem for players and investors alike.

Exverse's risks

Exverse (EXVG), a cryptocurrency project, carries significant financial risks. These risks are primarily associated with the volatility of the cryptocurrency market, which can result in substantial price fluctuations. The value of EXVG, like all cryptocurrencies, can change rapidly and unpredictably, leading to potential losses for investors.

Additionally, Exverse has undergone several funding rounds, including IEOs, IDOs, and private sales, which can also contribute to financial risks. These funding rounds have varying ROI (Return on Investment) and ATH (All-Time High) ROI, indicating the potential for both gains and losses depending on the timing of investment.

Investing in Exverse (EXVG) involves risks similar to those faced by other cryptocurrencies, including market volatility, liquidity risks, and potential regulatory changes. It is essential for investors to thoroughly understand these risks and manage their investments accordingly.

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Did Exverse raise funds?

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Exverse’s team

  • Nikita Uriupin: Co-Founder, experienced Senior Level Global Growth and BD Director with a demonstrated history and proven track record working in the NFT, blockchain gaming, and web3 startups.
  • Ooi Fei Hoong: CEO, a serial entrepreneur with experience handling a vast range of scopes in the professional industry, known as “WhiteGlint” in the web3 community for his leadership in NFTs and play-to-earn markets.
  • Dmitry Bychkov: Head of Game Development, specializing in Unreal Engine and network programming, with hands-on experience in renowned franchises.
  • Alex Dashkevich: Art Director, focuses on bringing the visuals to life, leading with his experience as Head Of Design at Wargaming and Art Director at Playsense.
  • Nikita Kuznetsov: Technology Specialist, with 19 years of experience in software development, specializing in blockchain, Web 3, and Machine-To-Machine future.
  • Prem Nagothi: Head of Marketing & Business Development, a Digital assets investor and an entrepreneur, with more than 2 years of experience working in the industry.
  • Ricky Wagner: Head of Community & Security, started in the NFT space in early November '21, with extensive knowledge in discord integration and crypto securities as well as all layer 2 and 3 solutions and community building.
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