Official 8CHAIN Whitepaper, last updated August 2023
8CHAIN Metaverse is an 8-in-1 blockchain project.
$8CHAIN tokens are BEP-20 tokens for $8CHAIN metaverse. 8CHAIN will launch 8 integrated projects over the course of 8 years; and developers will soon make $8CHAIN as the governance/native token/currency for all of its projects.
8CHAIN holders will be able to claim rewards if they: 1.) stake their tokens, 2.) utilize the 8CHAIN projects (i.e., both in website and mobile applications), and 3.) participate in key governance votes.
Once the DAO is successfully launched, 8CHAIN will be utilized as the governance token for the initial and future initiatives of the project developers. These include but are not limited to the following: Workout-to-Earn platform, NFT art collection, 8CHAIN staking, Play-to-Earn platform, other future ventures such as the CryptoEarn, High Rollers, Virtual Community, and Virtual World, both in website and mobile applications.
The developer’s mission is to create the biggest, frictionless digital economy through the cryptocurrency ecosystem. 8CHAIN envisions to integrate real-world activities into the digital reality by creating decentralized applications while rewarding the community with $8CHAIN tokens through the use of its platforms. We integrate real-world ecosystems to the metaverse, one chain at a time.
A significant disparity exists between real-world activities and the digital realm. Consequently, entities such as ecosystems, organizations, and stakeholders entrenched in Web 1.0 and Web 2.0 face difficulties in finding a place within the cryptospace (with only 0.1% of the global population currently part of the crypto ecosystem).
The rise of crypto has caused disruption and displacement across various ecosystems and chains. As a project centered around community collaboration, our aim extends beyond mere disruption – we intend to integrate ecosystems and empower the community by fostering autonomy.
In light of the evident gap between real-world activities and the digital domain, we perceive an incredible opportunity to revolutionize the way industries and sectors interact with the upcoming Web3 space. The current scenario poses challenges for entities associated with Web 1.0 and Web 2.0, hindering their seamless integration into the cryptospace, which currently encompasses only 0.1% of the global population.
However, this challenge serves as a gateway to transformative possibilities. By channeling our efforts into creating decentralized applications for every real-world industry and sector, we aim to close the disparity gap. Our focus on community collaboration and empowerment ensures that we don't simply disrupt existing systems; rather, we're striving to knit together these ecosystems and cultivate autonomy.
This endeavor is a remarkable stride towards a future where every individual, regardless of their background or association, can actively participate in and benefit from the emerging Web3 landscape. Our journey is not solely about technology; it's about inclusivity, innovation, and driving a collective transformation that transcends boundaries and empowers diverse stakeholders.
Empowering Every Industry, Unifying Every Individual in the Web3 Revolution
We envision a future where the chasm between the physical world and the digital realm is bridged seamlessly, propelling industries and sectors into the boundless opportunities of the Web3 space. Our vision is a world where decentralized applications act as the connective thread, empowering every industry and unifying every individual across the globe, creating a harmonious convergence of technology, autonomy, and inclusion.
Our mission is to redefine the boundaries of inclusivity and innovation by crafting decentralized applications that permeate every facet of the real-world landscape.
So as to embrace crypto without alienating future adopters, instead of bringing the metaverse to the world, we'll bring the world to the metaverse—and we'll do that with you, one CHAIN at a time. Introducing, 8CHAIN's virtual world.
Disclaimer: Please note that anything written in this white paper should not be taken as financial advice. 8CHAIN is blockchain-based platform that's incorporating unfinished, risky, and highly speculative technology. Development updates, roadmaps, and features are subject to changes based on research, traction, feedback from the community, and other factors.