Bit.Country (NUUM) is a decentralized platform for building the metaverse world on Polkadot's Substrate, allowing easy creation and management of digital communities.
The project integrates a 3D Play to Earn environment, a 2D social network, and an NFT gallery, while developing the Bit.Country Pioneer test network on Kusama, opening up many opportunities for interaction and a rich digital economy.
MAIN CONTENT
Bit.Country supports users in building metaverse communities with various forms of interaction and business.
The project applies advanced blockchain technology with decentralized governance mechanisms and diverse tokens.
The founding team is highly experienced, the project has secured 4 million USD in investment, and has partnered with many reputable partners.
What is Bit.Country (NUUM)?
Bit.Country is a decentralized metaverse platform developed from Polkadot's Substrate, allowing users without technical skills to create 3D Play to Earn worlds and their own communities. The project also has the Bit.Country Pioneer test network on Kusama, ready to participate in important parachain races.
Bit.Country combines 2D social media features, a 3D gaming platform similar to Decentraland, and a virtual reality NFT exhibition space. Users can create and manage digital communities, interacting through various diverse and creative forms.
What are the highlights of the project?
Bit.Country is recognized through awards and membership in prominent programs such as the Substrate Builders Program, Polkadot Venture Network, and many Web3 Foundation Open Grant and Block Hack Global 2020 awards.
The project allows for the construction of a community with control over rules, tokens, and private content, featuring two operational modes: traditional web for governance and 3D for direct interaction. The three main tokens include NUUM, NEER (Kusama version), and BIT, serving various functions within the ecosystem.
Bit.Country has created a metaverse platform that allows users to easily participate and develop digital communities with multi-dimensional experiences and a dynamic economy.
Ray Lu – CEO of Bit.Country, 2022
What are the important technologies of Bit.Country?
Bit.Country develops core technologies such as Continuum – an extended digital land based on community needs, where users bid for positions to build their own worlds.
The block system is used to deploy services, showcase NFTs, and organize events within the community. Residents are participants rewarded based on the specific policies of each Bit.Country world.
The economy creates tasks for community development, increasing profits when bidding for digital land. The marketplace supports internal NFT transactions and across the entire network. The Virtual DApps integrate smart contracts to ensure transparent and secure transactions.
The application of smart contracts and decentralized governance mechanisms helps Bit.Country optimize experience and create a sustainable economy in the metaverse.
Justin Pham – Blockchain Lead of Bit.Country, 2023
What is the basic information about the NUUM token?
NUUM is the main token of Bit.Country on the Polkadot network with ERC20 standard and a total supply of 100,000,000 NUUM. This is an important utility and governance token within the ecosystem.
NUUM is used for staking, gas fees, platform payments, advertising, purchasing Virtual DApps, minting social tokens, and exchanging with the BIT token specifically used for creating and upgrading objects on digital land.
How is the allocation of NUUM tokens?
Allocation Rate (%) Public sale, crowd loan, advertising 50 Private investors and backers 25 Founding team 20 Community development, grants 5
Who are the project team, investors, and partners of Bit.Country?
The development team includes Shannon C (Co-founder, CTO), Ray Lu (Founder, CEO), Justin Pham (Co-founder, Blockchain Lead), and Daniel Choi (Co-founder, Developer) with deep experience in blockchain and the metaverse.
The project successfully raised 4 million USD from reputable investors such as Animoca Brands and Hyperphere, enhancing financial strength and expanding collaboration within the global cryptocurrency ecosystem.
Summary of the Bit.Country project and NUUM token
Bit.Country is a unique decentralized metaverse platform, built on Polkadot's Substrate with many groundbreaking technologies and an innovative community economic model. The NUUM token plays a foundational role for utility and governance.
With a highly experienced team and support from many major investors, Bit.Country promises to bring a multi-dimensional metaverse experience, helping users build and operate digital communities effectively.
Frequently Asked Questions
What is Bit.Country (NUUM)?
Bit.Country is a decentralized metaverse platform that builds 3D worlds and digital communities based on Polkadot blockchain technology.
What utilities does the NUUM token provide?
NUUM is used for staking, gas fees, payments, advertising, purchasing Virtual DApps, minting social tokens, and governing the Bit.Country project.
What important technologies does Bit.Country have?
The project integrates Continuum, Block, Residents, Economy, Marketplace, and Virtual DApp along with a modern smart contract system.
Who is the founding team of Bit.Country?
The leading team includes Shannon C (CTO), Ray Lu (CEO), Justin Pham, and Daniel Choi, with deep expertise in blockchain and the metaverse.
Where did Bit.Country raise funds?
The project received 4 million USD in investment from Animoca Brands, Hyperphere, and other major funds in the cryptocurrency sector.
Source: https://tintucbitcoin.com/bit-country-nuum-la-gi/
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