Bit.Country won the 14th Parachain Slot on the Kusama network.

Bit.Country announces its 14th Parachain Slot win on Kusama network and welcomes everyone to the NEER family. We are excited for you to join us in building the future of Bit.Country & Metaverse.Network.

Since October 22, 2021, the day we started our crowdloan fundraising, we have raised over KSM worth. 100 millionUS dollars from participants over 25,634income

The total number of participantsbreak the recordof Kusama crowdloans, and we saw a lot of interest from users to launch a personalized metaverse for friends, family and community.

The average amount of support is 8.17 KSM / wallet which is lower than before And only one wallet is used to join, supported by our rewards model. This means that we have attracted more consumer users to join.

The survey stated that 56.6% are first time contributors It is estimated that there may be over 12,000 new KSM crowdloans coming into the ecosystem.

what will happen next

Metaverse Odyssey Event (Top Priority)

Details will soon be announced on the whitelisted public sale of NUUM, the original Bit.Country Continuum token for Polkadot on the Tokensoft token selling platform. Qualifications in Round 1 with Guaranteed Allocation and Round 2 will be on a first-come, first-served basis.

in round 1 We will allow certified KSM sponsors., certified ambassadors, qualified node operators, NFT blind-box winners, Star Program candidates and our community helpers.

As of Round 2, we’ll be allocating it to people who love the metaverse and we plan to announce it as soon as it becomes available. It aims to start operations around November 15, 2021.

For KSM crowdloan participants there will be a web page for you to join for the whitelist by verifying with your wallet. For others we will email you if you qualify.

For ambassadors and node operators, we will review applications before October 22, 2021.

award distribution

The team will begin analyzing blockchain engagement records. and all records collected from crowdloan and third party donation platforms. which uses this for the distribution of contributors

All insights gained from this analysis will be used to determine the fair value and final value for the bonus award.in addition toOur existing award formats

Additionally, we will create a new web page for you to check your NEER reward splits, such as referral bonuses and details if additional land gifts have been allocated.

Product launch and ecosystem development

Metaverse.Network It will be launched after existing code has passed a third-party security check. Then we will enable the transfer function. To enable our ecosystem project to start working on our blockchain network.

After that, the release of the functionality will be gradual. This ensures that every feature released is properly reviewed and secured.

Listing on the exchange and DEX is the next step after our network is up and running. This will allow more creators to participate. We will work with reputable individuals to post, however, it may take some time for due diligence and agreement processes.

Metaverse.Foundation, MVP.Studio and MVP Ventures will collaborate to support and incubate ecosystem projects to fill the gap. We’ll be setting up funding and rewards for serious Metaverse Career Academy creators, where Industry Connect (our education department) will become a pipeline to bring highly trained talent to build on. our ecosystem

Bit.Country’s UI features have been released version alpha 0.7. We are slowly releasing these features to ensure a smooth start-up process. We don’t have a specific time yet for the initial release. But we will continue to post demos along the way as always.

Pioneer (NEER) on Kusama vs Continuum (NUUM) on Polkadot

A lot of community members have asked us if we’re going to launch a crowdloan on Polkadot. The short answer is yes and it will happen in the near future when we are ready.

These two platforms will coexist now and in the future, with different features, economic rules, regulatory rules. and reward incentives We considered the Pioneer network to include both beginners and beginners. risk taker and flexible teammates

In the near future, the Pioneer thriving Metaverses will receive Space-Warp Passes to the Bit.Country Continuum on Polkadot and add additional pioneer areas to Kusama, in what is known as the Major Migration for the Chosen by the makers. NEER holders will be able to vote through our governance structure to promote these metaverses.

Our principle is to bring opportunity and hope to the community. And we can start a new episode in Polkadot for wider adoption.

refer :

refer : LINK

source site