Metaverse Market
Ferda is the first social network with Metaverse marketplace on the XRPL, $FRD Token Used is as Content Payout.
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Ferda is the first social network with Metaverse marketplace on the XRPL, $FRD Token Used is as Content Payout.
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The Ferda Network Attention mechanism will be used to reward the content creators and users on The XRP Ledger system, which is an open source Zero Knowledge Proof technique now deployed to allow Ferda users to exchange time-consuming into real value, using FRD as the medium of exchange.
Both for public accountability and possible scalability, a completely distributed ledger is desirable. Publishers, advertisers and FRD token users will all benefit from using such a mechanism to track payments within the Ferda system & create value.
When utilizing suitable matching algorithms, state channels allow for numerous tiny transactions with a good anonymity guarantee. While XUMM and other state channel schemes are becoming more integrated into the XRP ecosystem, and A blockchains with stronger privacy guarantees and rapidly expanding feature sets, it's likely that a new scheme addressing the unique problems of this type of transaction will be used for large-scale multiparty $FRD transfers.
We expect additional developers to use our free and open source infrastructure to construct their own use cases for $FRD (Metaverse, Play To Earn, NFTs) when Ferda Network transitions to a fully distributed micropayment system. We want FRD and the tools that go with it to become significant web standards for web 3.0 developers who desire a private, secure, and well-engineered future.