Singapore, Singapore, Nov. 10, 2022 (GLOBE NEWSWIRE) — KNOWHERE is the ultimate international platform for upcoming blockchain technology projects, developing at the forefront of blockchain innovation. Overall, the goal of KNOWHERE is to establish a community centered around people, culture and fashion that has an NFT heritage.
How KNOWHERE harnesses the potential of Blockchain to build an exhaustive virtual ecosystem
Establishing the Ultimate Blockchain Ecosystem
By building a suite of digital solutions in line with blockchain technologies, KNOWHERE is establishing the foundation for an exhaustive ecosystem where anyone interested in the potential of blockchain will be able to explore all facets of this platform. Going forward, KNOWHERE aims to build a bridge between the worlds of Web 2.0 and Web 3.0. In this quest, they want everyone to take their first step on the metaverse with KNOWHERE, and establish their second life right here.
KNOWHERE combines all the essential features of the NFT sector in one convenient package, including a launch platform and a marketplace. Users can buy and sell their own NFT collections on the website, which KNOWHERE intends to deploy to become the most prominent NFT marketplace for fashionable collections. Even more than that, users are able to begin their second existence in the metaverse once they KNOW.
Ultimately, their long-term goal is to become the industry standard by creating a virtual city block in the metaverse and be the bellwether for the sector. People will be able to make new friends who share their tastes and engage in active trading of their assets if they do this, and KNOWHERE will be the first place you go to check for the latest information and updates.
Tracing back the origins of KNOWHERE
KNOWHERE is primarily concerned with the fashionable and buzzworthy niche of the NFT market. The Marvel movie “Guardians of the Galaxy”, where KNOWHERE was a place created from the severed head of an ancient celestial creature, served as the genuine inspiration for the name. These aliens appeared in yet another Marvel movie titled “Eternals” which was released in 2014. Thus, KNOWHERE is an indication of people’s first perception of the metaverse in the sense that it is present everywhere but seems to be nothing and is assumed immaterial. This is because it exists everywhere but appears to be nothing.
The team behind KNOWHERE was united by the drive to deploy the innovative potential of the blockchain sector, and was used to concentrating on streetwear and the fashion industry. Ultimately, this groundbreaking platform aims to foster an iconic community in the world of Web 3.0 that can bring together people from all walks of life, including sneakerheads, hipsters, streetwear enthusiasts and creative artists. Anyone with a positive attitude and eager to make a difference is welcome within the confines of KNOWHERE.
Exploring the KNOWHERE app
As one of the core pillars of this pioneering ecosystem, the KNOWHERE app for the metaverse is about to be released. In this pursuit, the step-by-step execution of operations such as metaverse image design, identity construction, transactions, and entry can be enabled by modeling technology that enables the creation of a 3D avatar.
At the current stage, KNOWHERE consists of two parts: KNOWHERE (Web) and KNOWHERE (App). KNOWHERE introduces a decentralized NFT platform that includes a market and a launchpad in addition to all the other basic components. After rating KNOWHERE digital collectibles, individuals can buy and sell their NFT collections to each other. Furthermore, Knowhere will assist designers in the process of converting artworks into unique assets on chains, thus enabling free trade and circulation.
K-brick – the basic unit of KNOWHERE
KNOWHERE intends to take the first step towards creating a small planet. When you connect to KNOWHERE, you will receive a token referred to as a “K-brick”. Users will be able to earn bricks by participating in various events and sharing their creative works using their avatars. Most of the user interactions will create bricks, which are the token that can be used for further uses, such as building a store for your brand in the KNOWHERE metaverse.
This token, which acts as the long-term reserve, has the capacity to connect users, developers, project managers and verifiers so that all these parties can gain benefits and accrue incentives for their participation. Because of this, the formation of a thriving ecosystem that is both extensive and fluid will be greatly aided.
Therefore, the users who shop at KNOWHERE or use the KNOWHERE APP can collect K-Bricks in their accounts. The K-Blocks will eventually be blockchain-capitalized into tokens at a later date, and the team plans to do this at some point in the future. In the metaverse, K-bricks will be used to construct, trade and create shops.
KID – A critical pillar of the KNOWHERE ecosystem
As another ground-breaking component of this initiative, KNOWHERE has introduced a new Internet service: KID, a DID domain name that disrupts the domain name’s conventional paradigm to construct decentralized websites. In the absence of approval and restraint from external parties, KID’s ownership can be enjoyed continuously. In addition to being KID a unique domain name, but it can also be used as an address to mint cryptocurrencies on the chains. Also, by replacing complicated, long wallet addresses, KID simplifies cryptocurrency transfers.
The KID can also be used as a username to log in to various apps in web 3.0. In addition to being easier to fetch, transact, and airdrop, KID enables the independent hosting function to actualize self-expression, content publishing, project publishing, and so on. All artists, musicians and brand creators can establish and use their own KID for showcases, art exhibitions and music releases.
NFT Collection – Coming soon
It is worth mentioning that KNOWHERE will also be releasing its own NFT collection, 2 types of NFT avatars will be included in this collection, and avatar customization, wearables and attributes will also be available.
Each wearable is an NFT based on ERC-721, so you can easily exchange it in the metaverse, not just on KNOWHERE. At the same time, KNOWHERE collaborates with other streetwear brands to launch limited edition outfits. In the future, KNOWHERE will support users to design their own accessories. Building a metaverse brand on KNOWHERE sounds like a great idea.
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Disclaimer:
This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results or strategies (including product offerings, regulatory plans and business plans) and are subject to change without notice. You are warned that such statements are subject to a number of risks and uncertainties that may cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risk that actual results may differ materially from those projected. . in the forward-looking statements.
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