What is MADworld?
MADworld (UMAD) is an innovative NFT platform that is transforming the digital collectibles landscape by emphasizing the value of artistic creation, provenance, and permanence. The platform envisions a world where real-life experiences merge with digital experiences to give businesses, industries, and objects a second life. By leveraging cutting-edge NFT blockchain technology, MADworld aims to help creators reinvent their services or products, connect with the fast-growing digital world, and explore new business possibilities. Put simply, the platform seeks to create a new trading ecosystem that benefits collectors and creators alike by converting physical and digital assets into NFTs.
As the number of NFT assets continues to grow, it becomes increasingly challenging to verify and protect the original creation. To address this challenge, MAD has leveraged a DAO (Decentralized Autonomous Organization) mechanism and NFT and NFC (Near Field Communication) technology to ensure that creators are independently validated and verified. DAO is an organization that automates decisions and facilitates cryptocurrency transactions. The NFT marketplace also offers users a bundle of digital and physical NFT assets. For collectors, the platform seeks to offer seamless access to the crypto artwork market and eliminate the high entry barrier. For creators, the platform seeks to provide a new market value for their commodities, extending their shelf life and maximizing their appeal. This new digital experience aims to help provide direct access to IP owners, add value to existing marketplaces, influence the ecosystem, and empower brand marketers.
UMAD is the official cryptocurrency of MADworld. The token provides power to creators and collectors on the platform to vote for upgrades and participate in curation and moderation. Users can acquire UMAD by trading NFTs and tokenizing real-world assets. Thus, the user who values the platform creates more governance over the platform. Additionally, users can stake their NFTs to borrow UMAD, vote for future decisions, and contribute to long-term development, adding value to the marketplace.
The MADworld project began in 2021 when the official whitepaper was introduced. The MAD team includes Robert Tran, the co-founder and Jedi, Raymond Hung, the co-founder, product, and deep-sea diver, and Cover Liang, the co-founder of tech and hacker. Other members of the ecosystem include Manly Liu, a data scientist, and algo trader, Jeremy Cheng, the chief disruptor, and cybersecurity geek, and Peter Laverick, business development, and professional athlete. With their diverse skill sets and expertise, the MAD team is committed to revolutionizing the digital collectibles industry and creating a more accessible and inclusive marketplace for all.
In conclusion, MADworld (UMAD) is an exciting new NFT platform that is set to revolutionize the digital collectibles industry. By leveraging advanced blockchain technology, MADworld aims to provide creators and collectors with a more transparent and secure trading ecosystem that benefits everyone. With the UMAD token and its innovative governance mechanisms, users have a direct say in the platform's future development, making MADworld a community-driven and user-centric NFT platform that is poised for growth and success.
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.
Stay ahead of the competition by accessing high-quality data, advanced tools, and expert research.Try for Free