Zug, Switzerland, 4th July, 2022, Chainwire
Whereas the adoption of cryptocurrencies continues to develop, as evidenced by final yr’s bull market, there’s nonetheless an plentiful have to combine real-world property onto the blockchain.
Bitsliced’s objective is to fill this hole by bridging blockchain expertise with the bodily world. By means of Bitsliced’s app and set of sensible contracts, Bitsliced will make it intuitive and simple to tokenize and fractionalize property from completely different markets akin to collectibles, actual property, conventional artwork, and several other different use circumstances.
Overview of Sliced App
Bitsliced’s flagship product, Sliced, is a SocialFi app and market the place customers can mint and commerce completely different NFTs (non-fungible tokens) and tokens that symbolize real-world property.
By means of the Sliced app, anybody can create a digital illustration of an owned asset, be it an artwork piece, propriety, car, piece of clothes, and so on. In doing so, Bitsliced contributes to the creation of a parallel digital market that eases the buying and selling of things throughout borders and unlocks further worth by way of novel income streams.
Leveraging blockchain expertise, the Sliced app ensures an additional layer of safety and transparency by way of all trades. Additional down the road, will probably be doable to fractionalize and divide possession of property by way of completely different customers (verifiable co-ownership).
The app shall be accessible on all cell gadgets, together with the iOS and Android working methods, and desktop customers also can entry it by way of the online browser model.
To extend retention and consumer engagement, the Sliced app shall be gamified. Badges and a leaderboard system shall be included within the app’s structure, incentivizing customers to maintain utilizing Bitsliced’s providers.
The Slice app will even embody social media parts. Bitsliced shall be leveraging an progressive method to socialization by way of Bitsliced’s NFT channels. Appearing as a private digital house, NFT channels will allow customers to socialize in distinctive methods whereas showcasing their portfolios and NFT in a form of “digital gallery”.
NFT channels shall be a spot the place Bitsliced’s group can hang around, commerce, and talk about their favourite matters, be it in actual property, collectibles, trend, and some other business disrupted by Sliced NFTs. Bitsliced expects to create a vibrant and lively group of traders, collectors, and NFT fans because of the high-profile channels.
One other part of the Bitsliced SocialFi app is staking and yield farming. A number of passive earnings prospects shall be accessible to SLICED token holders. By staking and serving to maintain the community working, customers could be rewarded with an estimated annual proportion yield (APY) of 15%. Alternatively, SLICED token holders also can earn an anticipated 25% APY by offering liquidity to Bitsliced’s protocol and market.
The SLICED token would be the cornerstone of the app, powering all trades throughout the market. Every transaction throughout the market is straight away rewarded with a 1% cashback, with actual property purchases probably having as much as 8% cashback relying on the dealer. The Bitsliced Debit Card will even be launched, providing a handy method for customers to spend their crypto funds and cashback earnings to make purchases or convert into fiat.
Sliced NFTs – Authorized Background
Because of Bitsliced’s proprietary Sliced NFT System, we’ll be capable to problem common digital certificates with a seal of belief. All certificates are distinctive NFTs that symbolize possession of a selected asset.
Sliced, alongside its community of companions and brokers, shall be chargeable for making certain all the mandatory authorized due diligence is finished beforehand. Bitsliced proprietary code will then test and confirm the integrity of the information, and solely then will the NFT certificates be minted.
Bitsliced is a blockchain-based protocol aimed on the tokenization of real-world property. Its platform allows anybody to mint, acquire, and commerce bodily gadgets on the blockchain.
The Bitslice ecosystem, which is comprised of a SocialFi app and NFT market, presents an progressive enterprise mannequin by way of which a parallel digital financial system is born. Something from actual property, collectibles, trend wearables, and several other different bodily gadgets could be traded effectively internationally.
The Bitslice app additionally options social and gamified parts, permitting the group to socialize, compete, and show their NFTs in “digital galleries”, in addition to the chance to stake and earn SLICE, the native token powering the Bitsliced ecosystem.
Be taught extra about Bitsliced and be a part of Bitsliced’s group by visiting the official web site or following Bitsliced on: