INTRODUCING ADA DEMON, THE FIRST IMMERSIVE METAVERSE BASED ECOSYSTEM ON CARDANO

Overview
Imagine an ecosytem replicated across hundreds of blockchain nodes, where anyone can explore and experience any kind of digital content at no cost in a secure and censorship-free environment. Well this is what you have with ADA DEMON, the first meta-verse built for Cardano.

Welcome to ADA DEMON, the first immersive metaverse based ecosystem on Cardano. You can think of ADA DEMON as a kind of RPG where you belong to a race, wield specific skills in exchange for rewards and interact with other players within the same ecosystem.

ADADEMON will keep releasing development progress on they social media to enable our community have a feel of what ADA DEMON are building.

ADADEMON Built on Cardano
ADA DEMON protocol is based on the Cardano blockchain. This next-generation blockchain provides a fast, safe, and cost-effective infrastructure for a new generation of decentralised applications. Users also have complete control over their private keys, which means they won’t have to worry about their $Agony tokens being compromised by hackers. By creating a software wallet, investors can move their coins from an exchange and delegate them to other parties using the wallet’s user interface. As a result, new users will find the Cardano delegation mechanism the most user-friendly.

Best Product of ADADEMON Platform
ADA DEMON creates a virtual environment where gamers can design, control, and sell their own experiences, all using the platform’s utility token, $Agony. User-owned ecosystems allow users to own, trade, and sell the resources they obtain through skilful gaming and ecosystem engagement, allowing them to profit from their efforts. This Virtual-Underworld is built on a notion that has never been attempted before in the history of blockchain technology.

👉 Decentralised and Trustful
ADA DEMON will be one of the first game worlds to adopt smart contracts technology, ensuring complete transparency and fairness for all parties involved in a transaction. Members can even use the ADA DEMON Tokens for voting on proposals in-game.

With its unique world-class Gamefi protocol and decentralised approach, ADA DEMON will redefine the way online games are experienced by gamers and entertainment businesses. ADA DEMON will bring an extraordinary game experience powered by ethereum blockchain technology.

It is impossible to overstate the importance of trust in the cryptocurrency industry. When it comes to community support and growth and any security efforts, ADADemon provides complete transparency.

👉 Play-To-Earn NFT Metaverse Game
ADA DEMON have learned that immersive gameplay is vital to drawing users into a virtual world. We live in an increasingly busy world where there are often more distractions than ever before. Thus, players must find the immersive experience of a P2E game to be extremely valuable. Luckily, this value isn’t hard to come by if you design it correctly from scratch.

Essentially, any action you perform in the ADA DEMON will be rewarded, whether it’s completing tasks, fighting battles, assisting in solving a problem, or creating new items. NFT represents the elements that appear in the game. You may easily mint a new token and then sell or exchange it in the marketplace.

👉 Staking
Even if you do have some ADA, it might be a good idea to stake it and get more by saving money. Therefore, if anyone wants to help increase the adoption of both ADA DEMON and Cardano, ADA DEMON urge you to help share this article on social media. ADA DEMON want as many people to join us in the $Agony stakes as possible!

On the other hand, ADA DEMON take a lot of time to think about staking. People play the game because it has a good economy, which drives it. Tokenomics, rewards, and the gaming experience are all balanced. The reward will be different at different points in the game.

Borderless and Democratic
ADA DEMON is a community-driven DeFi protocol and it is already in production with 1 partner application bringing real users. Meanwhile, they’re actively developing the second one. ADA DEMON technology is technologically advanced with a great potential of adding value to existing cryptocurrencies and their ecosystem through building decentralized apps.

It is safe to say that ADA DEMON service will be in great demand. The coin’s value should rise in the long run. The technology that ADA DEMON provides will help people’s lives and solve the problems of small investors, without doubt this is a very important achievement. All technology breakthroughs are provided by small initiatives. ADA DEMON have our own original product and ADA DEMON haven’t shown all its might yet. ADA DEMON are confident that in six months will have over 10,000 users and ADA DEMON platform will become one of the most demanded blockchain services connected with investment industry and real economy particles!

Token Burn Mechanism of ADA DEMON Platform
Burning tokens is an essential part of the Paralympics economy, but it is also optional. ADA will allow users to choose if they’re interested in revenue sharing and don’t mind burning tokens.

Burning of passes will make the ADA token fully decentralized and governed by a transparent smart contract. Moreover, it will eliminate any need for token purchasers to buy ADA tokens via exchanges. ADA DEMON believe that this extreme transparency into the ADA ecosystem is essential to build trust in the $Agony community.

When the token burn takes place, ADA DEMON will have a specific number of tokens to remove from circulation, hence increasing the value of the token. In order to reduce the $Agony circulation supply more quickly, it has been proposed that the manual burn be used to reduce supply more quickly. The tokens are transferred to a wallet address that can only be used to receive the coins and cannot be used for any other transactions.

It is not possible to use the tokens anymore because the wallet has been withdrawn from the network.

Conclution:
ADA DEMON — Is an innovative, immersive and fun ecosystem is being built on Cardano and this Not only the first, but it’s the most advanced and exciting economy ever built on top of the Cardano blockchain.

It has everything you want to make your world more fun — a virtual reality universe, a marketplace for trading goods and digital assets, a safe haven for users’ precious collections of data, and much more!

Are you interested in experiencing the first metaversive ecosystem based on Cardano? Learn more about the token here for more details https://medium.com/r/?url=https%3A%2F%2Fadademon.com%2F

Thank you for taking the time to read this post. I hope this will resonate with your vision and goals for investing in the crypto world.

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