Name: YachtingVerse
SKU: YACHT
Price: 0.016486209477 USD

Key Features of YachtingVerseNFT &amp; ASSETSYachts, advertising spaces, shops, wearable, lands, digital assets and avatars are represented by an NFT on YachtingVerse. Yachters will be able to access NFTs from Market Place. YachtingVerse’s NFT standard is BEP-721. Yachters will earn a high reward from ad revenue by staking NFT on the avatar and YachtLand. YachtingVerse's goal is to design NFTs that are all revenue generating and usable beyond&nbsp;<ul><li>MarineMALL. YachtingVerse has 522 stores where world famous brands can showcase their latest products. Each initially measures 256 square meters and is fully customizable by brand.</li><li>YachtWEARABLE. Clothing is a basic need that will never end. Like humans, avatars will always need wearable assets. Brands can make the first launch of their wearable assets on YachtingVerse and get first reactions from their users. Users can purchase wearable assets of famous brands on Marine Mall, both for themselves and their avatars.</li><li>YachtLAND. YachtLand parcels in YachtingVerse is capped at 16,384 and built on the Cartesian coordinate system of 128×128 dimensions. However, the common spaces, gallery, and roads are owned by the developers of YachtingVerse and cannot be bought or sold by users. Purchasable YachtLand parcels is capped to 9216.</li></ul>ZONES<ul><li>BOAT SHOW. Don't wait for boat shows. You can organize a boat show 365 days a year. You will be able to show, launch, sell and charter your yacht whenever you want in YachtingVerse. Yacht Landowners will always be able to organize boat shows for their guests. This may be for guests only or in public. It is part of the reflection of technology and innovation on the yacht industry.</li><li>GAME ZONE. YachtingVerse is initially being developed as two main games and dozens of mini games. The main purpose of the playground is to provide users with real P2E profit. It will consist of VR supported MMO based simulation game and NFT game.</li><li>ADVERTISING ZONE. YachtingVerse will provide advertising solutions for brands. The platform will allow advertisements to be served directly on totems and billboards. YachtingVerse will have a total of 2000 totem &amp; billboards and 200 skyscraper skins.Each of the advertising boards revenue will be owned 30% by YachtingVerse, and 70% by NFT holders. Marketplace will be launched in conjunction with the YACHT token distribution where YACHT token holders will be able to purchase Advertising Area via the NFT mechanism.</li></ul>SMART EDITOR &amp; AVATAR<ul><li>SMART EDITOR. Smart Editor is a software development kit for yachters to develop their games and applications. Yachters can create, share and revenue their 3D digital assets. 3D assets can be viewed and played on the Yachtingverse platform. SDK allows users to create assets and minigames, provided they meet the requirements. Users then convert these assets into non-fungible and fungible tokens. —</li><li>AVATAR. Upon signing into YachtingVerse, the user is prompted to create and name their avatar, but it can be updated later by the user. Avatars can be upgraded and made unique with Smart Editor. There are over 100,000 possible combinations in Smart Editor. This allows users to create virtually anyone with each avatar. Yachters can also customize their avatars by purchasing wearable NFTs from the Yacht Market. YachtingVerse has an extremely flexible and open avatar system as well as providing SDK connectivity. Bring your favorite Characters, and make your favorite NFT JPEGs as your 3D avatars using the glTF or glb 3D file formats. You can design it yourself or use the technology supported by Ready Player Me with a single tap and take selfie.</li></ul>Token UtilityThe $YACHT token utility includes but is not limited to the following;<ul><li>$YACHT will act as a native utility token of the YachtingVerse ecosystem by empowering and incentivizing all the parties. Access to YachtingVerse will be free to all whether you’re a Yachter or not. Users who hold, stake, or transact with $YACHT, will be given certain privileges and benefits.</li><li>YachtingVerse will allow advertisements to be served directly on totems and billboards. Team will share ad revenue directly with our NFT and YACHT holders community.</li><li>Initially, YACHT tokens will be sold during the ICO period to purchase Land with the NFT mechanism acting as your title of ownership. All YACHT tokens initially used to purchase the YachtLand and advertising space will be locked. YachtLand owners will be able to customize their owned space. YachtLand can earn revenue by licensing, renting, or selling with transactions using YACHT tokens.</li><li>Brands &amp; Advertising will play a key role in generating YACHT tokens as revenue. YachtingVerse is a crypto-focused hub that attracts Yachters &amp; stakeholders and therefore is a key opportunity for advertising &amp; brands for all business types. YACHT token will be used for all these activities.</li><li>Staking of YACHT. YACHT Tokens are used to run the ecosystem &amp; can be staked to earn attractive APY. This is aimed to create monetary incentives for the most dedicated and motivated players. Staking mechanism takes place on BSC by several community validators and delegates. In effect, the authorizes are pooling their YACHT tokens in their preferred validator.&nbsp;</li><li>Marketplace will be your go to resource to purchase real estate, customize avatars, purchase NFTs to create your personalized YachtingVerse reality.</li><li>Yachters will be able to show, launch, sell and charter your yacht whenever you want in YachtingVerse. Yachters will be able to organize a boat show at any time by purchasing NFT with the YACHT token.</li><li>Education is the most important part of YachtingVerse. Yacht owners will benefit from all training free of charge. After successful training, they will win NFT and YACHT rewards.</li></ul>

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YachtingVerse is an open world marine themed VR platform

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Bitcoin halving is an event that reduces the rewards that miners receive for validating and adding new transactions to the blockchain by half and it occurs approximately every four years in the Bitcoin blockchain. This mechanism is designed to control the issuance of new bitcoins, limit the supply, and maintain Bitcoin's scarcity and value over time.

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Halvings reduce bitcoin creation rate, slowing down emission temps over time. This leads to curbing inflation. Decreased block rewards make miners rely more on transaction fees, potentially leading to higher fees and a self-sustaining network. Scarcity often drives up prices, attracting investors seeking hedging against inflation, impacting Bitcoin's economic dynamics. That’s why Bitcoin is often called “Store of Value”.

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Fear & Greed Index indicates the current market sentiment. There are 4 possible ranges: Extreme Greed, Greed, Fear, and Extreme Fear.<ul><li>Greed means that traders and investors feel too greedy. This may indicate that the market is due for a correction.</li><li>Fear means that traders and investors are too worried, close to panic sells. This could indicate a good entry point.</li></ul>It is also important to analyze how FGI changed over the period of time, for example in one day, week, or month.

The Fear and Greed Index (FGI) is a comprehensive tool for analyzing cryptocurrency sentiment. It is based on several important market indicators to determine the level of fear or greed present, with a range of 0 to 100.{br}{br}The Fear and Greed Index uses various modules to analyze influential variables in the cryptocurrency market, including volume, volatility, dominance, whale movements, search engine data, and order book analysis. It also features a machine learning algorithm that evaluates sentiment in social media posts and how popular technical analysis are affecting the market. Each module is given a specific weight based on its statistical impact on the market.

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We are assessing Bitcoin's volatility and maximum drawdowns, comparing these metrics with the average values from the past 30 and 90 days. We suggest that an abnormal increase in volatility signals a market driven by fear.

We evaluate current trading volumes and market momentum against 30/90 day averages, then combine these indicators. Typically, high daily buying volumes in a positive market lead us to conclude that the market is excessively greedy or overly bullish.

We collect and tally posts with various hashtags for each coin from Twitter (X) and monitor the speed and volume of interactions within certain time frames. A surge in interaction rates signifies heightened public interest in the coin, which we view as indicative of a greedy market.

A coin’s dominance represents its share of the total crypto market capitalization. For Bitcoin, an increase in dominance often stems from a flight to safety, reducing speculative investments in alt-coins as Bitcoin becomes the preferred safe haven in the crypto space. Conversely, a decrease in Bitcoin dominance suggests growing greed, as investors move into riskier alt-coins anticipating the next major bull run. For other coins, increasing dominance can imply a bullish or greedy sentiment specific to that coin.

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The Crypto Fear and Greed Index is meticulously calculated based on a comprehensive analysis of multiple key metrics that gauge investor sentiment within the cryptocurrency market, such as the following.

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There have been three Bitcoin halvings since the launch of the Bitcoin blockchain. These previous halvings occurred in the following years:{br}{br}First Halving: November 28, 2012; the block reward was reduced from 50 BTC per block to 25 BTC per block.{br}{br}Second Halving: July 9, 2016; the block reward was reduced from 25 BTC per block to 12.5 BTC per block.{br}{br}Third Halving: May 11, 2020; the block reward was reduced from 12.5 BTC per block to 6.25 BTC per block.{br}{br}Fourth Halving: April 20, 2024; the block reward was reduced from 6.25 BTC per block to 3.125 BTC per block.

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The Bitcoin halving event, which is a process that reduces the reward for mining new Bitcoin blocks in half, has significant implications for miners, investors, traders, and users of the Bitcoin blockchain. These implications can be observed in both the short term and the long term. Let's explore some of the key implications in more detail:

How Does Bitcoin Halving Affect The Price of Bitcoin?

Bitcoin halving occurs to control the issuance of new bitcoins and ensure the cryptocurrency's scarcity. Bitcoin's protocol limits the rate at which new bitcoins are created, gradually slowing down the growth of its total supply. This deliberate scarcity is designed to mimic the scarcity and controlled supply of precious commodities like gold, making Bitcoin an attractive store of value and a hedge against inflation.

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Bitcoin halvings reinforce its reputation as a long-term investment by reducing the rate of supply issuance, making it scarcer over time. This scarcity, coupled with the network's growing adoption and utility, can enhance Bitcoin's appeal as a store of value and a hedge against inflation, attracting long-term investors.

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Bitcoin halvings directly impact miners by reducing their block rewards, cutting their income in half. This event can lead to increased competition and pressure on less efficient miners, potentially forcing some to exit the mining ecosystem while incentivizing more efficient operations and technological advancements.

Miner Economics

Mining difficulty is a measure of how much computing power it is required to mine new blocks in a blockchain network. It adjusts regularly to maintain a consistent rate of block production. When more miners join the network, the difficulty increases; when miners leave, it decreases.{br}{br}Hashrate, on the other hand, represents the computational power of the network's miners. It measures how many calculations a network can perform per second. A higher hashrate indicates a more secure and competitive network, as miners with more computational power are more likely to mine new blocks and receive rewards.

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Bitcoin halvings can influence the hash rate and network security by potentially leading to fluctuations in miners' profitability. If the price doesn't rise significantly to compensate for the reduced block rewards, some miners may leave the network, temporarily lowering the hash rate and potentially making the network more vulnerable to attacks until the difficulty adjusts.

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The next Bitcoin halving is expected to occur in March 2028, when the block height number hits 1,050,000. After that, the next block’s reward will be halved: 1.5625 BTC instead of 3.125 BTC.

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Bitcoin halvings can increase price volatility because they create uncertainty about future supply reductions. The expectation of reduced issuance can attract speculative trading and result in price fluctuations as market participants respond to changing supply dynamics. This can lead to both upward and downward price swings before and after halving events.

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The key to Bitcoin's long-term success lies in its Proof-of-Work consensus mechanism within a peer-to-peer environment. This mechanism operates independent of external inputs like clock readings. Proof of Work is based on a fundamental truth: computation requires work, and work requires energy and time in our universe.{br}{br}Difficulty adjustments are necessary to prevent Bitcoin's internal clock from speeding up due to increased miner participation or improved mining devices. Without these adjustments, the value of Bitcoin would quickly decline.

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Bitcoin's maximum supply is capped at 21 million Bitcoins. This limit is hard-coded into the Bitcoin protocol and cannot be changed without overwhelming consensus from the network's participants. The maximum supply of 21 million bitcoins will be reached around the year 2140, when the last bitcoin will be mined.

Bitcoin Supply

Bitcoin halvings reinforce the scarcity of supply by reducing the rate at which new bitcoins are created. This controlled reduction in issuance over time maintains and strengthens Bitcoin's inherent scarcity, ultimately enhancing its appeal as a store of value.

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Bitcoin operates on its own internal rhythm, characterized by a low frequency that allows for a sufficient buffer to delay communication between participants during the block validation process. Approximately every 2016 blocks, Bitcoin's internal clock is reset, resulting in an average block discovery rate of one valid block every 10 minutes.

What is Time in Blockchain

Key statistics on funding rounds for the past 30 days.

The score is provided by the {link} and is based on the level of attention this account has received from smart followers.

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What do you think about future halving?

CryptoRank watchlist supports {coins} cryptocurrencies.{linebreak}Track your favorite cryptos, including Bitcoin, Ethereum, BNB, Polygon, Solana and more.

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Market sentiment is very bearish, many assets may be undervalued.

Extreme fear

Market sentiment is very bullish, many assets may be overpriced.

Extreme greed

Market sentiment is moderately bearish, traders are taking less risk.

Fear

Market sentiment is moderately bullish, traders are taking more risk.

Greed

Neutral

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YachtingVerse YACHT

Historical Data for YachtingVerse