What Is Zentry (ZENT)?
- 王林Original
- 2024-08-19 15:35:12285browse
Zentry aims to bring the MMORPG experience to real life through a unified Play Economy that takes place across the digital and physical worlds.
Zentry is a Web3 gaming platform that aims to bring the MMORPG experience to real life through a unified Play Economy. Players can create an avatar that evolves in status, uniqueness, and wealth through play across various ecosystems, earning rewards for both in-game and real-world activities.
Zentry’s Metagame Layer integrates player identities, activities from several games and other consumer apps, along with a reward system into a single platform, allowing gamers to ‘live their real life in a virtual world’ and earn rewards.
Zentry’s native token, ZENT, plays a central role in the project’s economy and governance. Holders can benefit from extra income from Zentry’s shared value program, and will also play an active role in deciding changes to the project by taking part in the ZENTRY DAO. ZENT is also used to incentivize platform users through airdrops and other promotional events.
The total supply of ZENT tokens is 10 billion, about 40% of these tokens are currently in circulation. 14% of the total supply is allocated to the project’s treasury, 40% is reserved for ecosystem development and 15% is allocated to the team. 24% of the total supply will be used for fundraisers.
Holders of the old GuildFi (GF) token are expected to complete their migration process on or before August 25, 2024 – the set deadline for migration. GF tokens held on exchanges will be automatically migrated to ZENT before this period. The conversion ratio is 1:10, that is GF holders get 10 ZENT tokens for each GF token held.
Visit the migration portal to convert your tokens
Read this guide for the migration procedure.
One of Zentry’s major goals is to create a connection between Web2 data and Web3. Nexus is the fourth flagship product and one that builds on the routine social activities of the users. Nexus is a social game where users interact with friends, perform usual activities on social media, and get rewarded according to Zentry’s economics. Each eligible activity is rewarded with Nexus SHARDS.
Users are required to connect their social profile on X (formerly Twitter) to Nexus. On the user’s approval, Zentry uses its multiversal API to connect to the social account track the user’s data in real-time and translate them to useful information for the platform’s operations. Users earn for interacting with posts from their friends, followers, and social media influencers. Each activity is weighted and rewards are distributed accordingly. Do note that content quality is more important than content quantity!
The above is the detailed content of What Is Zentry (ZENT)?. For more information, please follow other related articles on the PHP Chinese website!