What is KaraStar UMY?
Karastar UMY, also known as UMY, is a virtual world that aims to empower creators and bring real-world value to the gaming world. Built on the blockchain, every piece of data about pets and games is unique, allowing developers to create gaming tools and keep a record of the virtual world's history. The blockchain mechanism in Karastar is designed to reward creators for their contributions to the ecosystem, promoting a sustainable and stable gaming world.
The UMY token was first published on the Binance Smart Chain network, which runs in parallel with the Binance Chain and has smart contract capabilities. It is also ERC20-compatible and can be used on various blockchains. Players can earn UMY tokens in the game by participating in battles, daily tasks, competitions, and exploration. The tokens can be used for the evolution and breeding of Karas and for participating in proof-of-burn mining. A portion of UMY tokens consumed in the game is burned to enhance the token's performance.
The creators behind Karastar aim to create an entertaining world that is just and financially empowering for users. With a rich social life, users can meet more friends and traders on the platform and enhance their financial independence through entertainment and moneymaking. The platform started with the planning and design of its whitepaper in May 2021, with the official launch of the prototype development, concept, and game resources taking place in June of the same year. In September 2021, the KaraStar beta network and game contract were deployed, and in December, the official version was introduced, along with Karas staking and liquidity pool. The blockchain-based metaverse game is a group effort of the team members, with Dustin serving as the CEO, Kate Kryvonos as the COO, and Kumar as the CTO.
The team behind KaraStar (UMY) aims to build a platform that not only provides entertainment, but also empowers users to become financially independent. This is achieved by creating a virtual world that provides opportunities for play-to-earn and project real-world value onto a virtual game. The unique data about pets and games on the blockchain enables developers to build gaming tools and create a rich history for the virtual world. In turn, this rewards creators for their contribution to the ecosystem.
The UMY token was first published on the Binance Smart Chain network and is compatible with Ethereum’s virtual machine. This enables players to acquire the token in the game by participating in battles, daily tasks, competitions, and exploration. The acquired tokens can then be used for the evolution and breeding of Karas. In addition, 20% of the UMY consumed in the game is burned, which enhances the performance of the token and ensures its stability.
The KaraStar platform not only provides a rich social life for users, but also allows for more financial independence. This is achieved by providing a fair and entertaining world that offers opportunities for users to meet friends, traders, and participate in various activities that provide financial rewards. With its rich history and a dedicated team, the platform seeks to build a sustainable virtual world that serves justice to everyone.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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