DEFI, NFT, METAVERSE, GAMEFI: ALL COMBINED WITH BYEPIX
ART, METAVERSE, AND ENTERTAINMENT HAVE MET DE-FI: BYEPIX
After a newly published whitepaper, there is talk of a project nowadays that can integrate DeFi, NFT, Metaverse, and GameFi with maximum efficiency. With Byepix’s Whitepaper, concepts such as “ICO Staking” and “NFT Staking” began to be discussed in the DeFi world.
Besides having announced many innovations such as NFT Creation and 3D Builder, Byepix is a project that will radically change many things in the world of De-Fi, NFT, and gaming. Byepix’s token is a DeFi token compatible with EPIX BSC and ERC-2O; however, the project offers a vision far beyond that.
Financial instruments are not limited to sending and receiving money. Therefore, when talking about DeFi, we need to think of more advanced financial functions. Among these are many options: getting loans, lending, decentralized exchange, insurance, shopping, marketplace, and staking.
Unlike DeFi projects, NFTs, which are unique and unchangeable, has become essential, especially in art.
Byepix, which we will look deeper into today, strives to make a difference by integrating these fields. So, how does Byepix accomplish this? Continue reading to find out.
HIGH SPEED, LOW GAS FEE
In the simplest terms, we can define NFTs as “units of data that can be stored in a blockchain network.” These “data” cause heavy fees and long transactions in standard Blockchain structures.
The main reason for this is that these networks are built for DeFi tokens, not NFTs.
The Byepix team, which built NFTs at the center of the project, found the solution by creating its own NFT Blockchain network. The structure of this new network, which was developed according to the Whitepaper, is shaped according to NFT Asset Class and Block NFT Asset Class. Since the transfer and the block in the digital ledger are
compatible, the fees and transaction speeds are optimized accordingly.
If the project succeeds in these goals, it will surely put its signature under a revolutionary development in the short history of NFTs.
We would not be exaggerating if we say that Byepix offers a new NFT experience to its users. The team, which technically explains the unprecedented developments of NFTs from production to sales and from sales to staking in their Whitepaper, aims to create an active marketplace. The most significant advantage of the team here is undoubtedly NFT Blockchain… Because it enables cheaper and faster transfers by moving NFTs from different networks to this network.
Among the main problems experienced by users regarding big marketplaces are not being able to find the NFTs they are looking for and frauds that imitate popular projects in the market. Thanks to its intuitive algorithm, Byepix promises to carry out a vital editorial process regarding such scams to bring users to the right search results through keywords.
The Byepix team also announced the NFT Earning option, a first in NFT history. Standard staking includes NFT to NFT or TOKEN to TOKEN option. Byepix NFT Staking, on the other hand, gives you Epix Tokens and offers you the opportunity to earn passive income from your NFTs.
CREATE YOUR NFT
In addition to many tools designed for professionals, Byepix has rolled up its sleeves to include users without technical qualifications in the creation process. To simplify everything that seems complicated in DeFi and NFT, the project also breaks new grounds in this regard.
Here are the features of Byepix that will reveal the artist in you:
- NFT Creation
Many users in the NFT sector are pretty passive. Without expertise in digital drawing, NFT may seem to you just a digital commodity that can be traded. To change this fate, Byepix has created the NFT Creation tool. You can create your NFTs on the Byepix website via NFT Creation and publish them on the NFT Marketplace with just one click.
- 3D Modelling Builder
How about designing Byepix Metaverse yourself? In this universe, you can build everything yourself, from your character to the house you will live in. Byepix has announced that it is about to finish the infrastructure of an app. You can create many loots to use in Metaverse with the 3D Modeling Builder App, without downloading any software and without the need for any technical knowledge.
A DEFI GAME: BYEPIX GAME-FI!
In interactive and multiplayer video games, item trading is one of the most essential parts of the gaming experience. With the integration of blockchain into the gaming world, in-game items are now included in the NFT economy. We have reached a point where we can talk about an economy game rather than an in-game economy.
Byepix explains that their ultimate goal with the GameFi project is to “eliminate boredom and replace the complex mechanics of wealth creation with games.” Byepix GameFi, which we can define as integrating DeFi processes such as staking and yield farming into the mathematics of gaming, is preparing to offer endless alternatives to create a brand new universe and a world full of in-game economies.
DEMOCRATIC FINANCE WITH E-DAO
Defining itself as a decentralized and autonomous organization, Byepix states that it will activate DAO mechanisms with the arrival of investors.
Thus, investors’ votes will approve or reject every new development and decision mechanism. Although we frequently use the term “investor” in our article, Byepix insists on defining them as “stakeholders.”
EARLY INVESTOR GETS REWARDED
Byepix has designed a mechanism to reward its early investors involved in the project during the fundraising process with ICO Staking and ICO Rewards.
Announcing ICO Staking based on its motto, “Earn as you buy!” the team offers the opportunity to increase your number of Epix Tokens by periodically locking the tokens you buy from the pre-sale. In the ICO Staking, which is designed as two rounds, six different locking options have been presented to the investors as “1 week, one month, three months, six months and 12 months” in both rounds.
As the lock time increases, the token price decreases proportionally while the staking earnings rate increases at the same rate.
That’s not the only advantage of Byepix for early investors. The team, incredibly ambitious in the metaverse field, has created a prize pool for users who hold tokens in the specified numbers in their wallets. This prize pool contains many NFT items from metaverse lands to metahuman characters and from characters to tickets for special events that will take place in the metaverse universe.
You can find detailed information about ICO Staking and ICO Rewards on the “byepix.com” website and buy Byepix’s token $EPIX.