As the 40th project to officially launch on Binance Launchpool on December 13, 2023, Fusionist (ACE) managed to make a mark with an impressive total market capitalization. Based on Coinmarketcap.com data on December 18 2023, Fusionist is ranked 134th globally with a market capitalization of IDR 4.83 trillion and daily volume reaching IDR 8.52 trillion. Let's find more information about what Fusionist (ACE) is, the mechanism of how it works, the background of the founder, the ecosystem that was built, and the tokenomics description and uses of the native token, in the following article.
What is Fusionist (ACE)
Fusionist (ACE) is a project that combines the world of gaming with blockchain technology , creating a unique GameFi ecosystem. This platform utilizes blockchain and Non-Fungible Tokens (NFT) technology to create games and virtual assets of value.
Fusionist focuses on building a community of gamers by organizing interactive social activities and providing income opportunities through gaming. Fusionist also promises a AAA quality gaming experience by combining simple yet addictive game mechanics, advanced graphics and rhythms designed for esports competitions and audiences.
In general, Fusionist is a blockchain-based gaming platform that allows its users to play games, carry out interactive social activities) and earn income.
The project has experienced significant growth, attracting many Web3 users and accumulating substantial transactions within its ecosystem. As of July 2023, Fusionist had 1.4 million ACE token holders, demonstrating a strong and growing community that supports Fusionist's vision to change the gaming landscape with its innovative approach. unique.
How Fusionist Works
Fusionist is a unique project in the world of digital gaming because it combines gaming aspects with blockchain technology.
By implementing the GameFi concept, Fusionist not only offers the experience of playing games only, but also engages in financial activities such as staking and trading digital assets. This makes Fusionist more than just a gaming platform, as it can also be a potential source of income for its players.
One of Fusionist's main components is Mainnet Endurance, a custom blockchain that supports all in-game activities and transactions through the use of BOAT (Bound On-Chain Achievement Token). Endurance, which has been launched since January 2023, has gathered more than 1.92 million wallet users and carried out more than 118 million transactions.
Endurance's technical infrastructure is built with a multi-layered design. This design makes it easier for Endurance to expand and use its various parts or modules more efficiently. Some important parts of this infrastructure are:
- APIs and Tools: Endurance provides many APIs and tools that help expand and enrich the blockchain ecosystem.
- Explorer: This feature allows us to examine and analyze blocks, transactions, contracts and accounts on the blockchain directly.
- Governance/Staking Application: This is a tool that makes it easy for validators to make proposals, vote, and delegate tasks with an easy-to-use interface.
- Client Interface: A feature that makes it easier for users to interact with the system.
- Governance Module: Functions to regulate staking and manage balance cuts due to violations (slashing).< /span>
- Execution Runtime: Ensures full compatibility with the Ethereum Virtual Machine (EVM) and eases migration of existing smart contracts.
- Consensus Mechanism: Endurance uses a Proof-of-Stake (PoS) consensus algorithm combined with Proof-of-Authority (PoA) to increase efficiency and security.
- Network Protocol: Uses a peer-to-peer (P2P) communication protocol between validators and nodes to ensure smooth communication.
- Storage & State: This system provides storage for key-value and Merkle Tree State, as well as storage for transactions and blocks optimized for large-scale data processing.
With all these components, Endurance can operate efficiently and handle various tasks in the blockchain ecosystem.
Who are the Founders Behind Fusionist's Success
Information about the founders of Fusionist (ACE) is not publicly available. Based on the sources reviewed, there are no specific details about the individuals or teams that founded Fusionist.
However, the project has received support and funding from leading partners and investors such as Binance Labs and FunPlus, indicating significant recognition and support from major players in the crypto and blockchain industry.
Tokenomics and Use of Tokens
ACE is the native token in the Endurance ecosystem, Fusionist's main platform. These tokens act as the primary currency in various activities and rewards on the platform, to drive user engagement and incentivize participation. With a total supply of 147 million ACE tokens, Fusionist maintains a balanced and sustainable token economy.
Below are the details of ACE token allocation and distribution:
- 7% for Binance Launcpool
- 15% for the core team
- 22.50% for investors
- 11.60% for Eco-Fund
- 27% for Incentive pool
- 9% for cash
- 3.5% for marketing and partnerships
- 3.4% for Nexus Bond Airdrop
- 1% for OKEx Jumpstart
For your information, ACE token distribution is carried out periodically. The token release schedule is as follows:
Conclusion
Overall, Fusionist (ACE) presents an interesting combination of blockchain technology and the gaming world, promising a high-end Web3 AAA gaming experience and a diverse social ecosystem. With major investor backing and a focus on community development, Fusionist shows great potential in the GameFi space.
How to Buy ACE Tokens on Bittime
After reading a complete review of what Fusionist is, are you interested in buying and investing in this crypto project? You can buy ACE tokens on the best crypto exchange platforms in Indonesia, one of which is Bittime. ACE is available on Bittime in the pairing ACE IDR.
To be able to buy ACE tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance to buy ACE/IDR tokens. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can make ACE/IDR purchases in the application.
Monitor today's price chart movements of Fusionist (ACE), Bitcoin, Ethereum, Solana and other cryptos to find out today's crypto market trend in real time real-time in Bittime.
Also Read: More Complete Guide on How to Buy ACE on Bittime
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
Comments
0 comments
Please sign in to leave a comment.