The development of Facebook metaverse has opened a box load of opportunities and startups. It is predicted that the Metaverse Industry is bound to expand further provided the growth in the NFT and VR sectors, the Global Metaverse market is projected to reach a $280 billion valuation by 2025.
Division Network is one of the new rising development, a virtual world where users can interact and customize their Metaverse platform. This means users can properly interact with the platform, with and without extensive knowledge of coding and perform activities like creating and selling their own unique NFTs.
It is an ultimate blockchain-based NFT metaverse platform that establishes a cutting-edge metaverse ecosystem, by utilizing its VR technology. This helps to lower the entry barriers for all types of users across the globe, making it accessible to all.
Although it was initially built on Ethereum and moved to Binance Smart Chain for better functionality, Dvision Network intends to broaden its accessibility into metaverse-friendly networks, integrating also with JumpNet and Polkadot.
For a better experience and usability, Dvision Network consists of three main technologies that will facilitate the connection between mobile devices, PCs, and the users:
Tailored Virtual Space: Meta-Space
The Meta-Space is a feature, where business owners, designers, store owners, and other regular users can create a personalized virtual space according to their preferences.
High-Quality Content: Meta-City
Meta-City is a public space, where you can experience various metaverse content, such as gaming, shopping, education and you can even visit different exhibitions here.
Ecosystem Expansion: NFT Market
NFT Market is a platform, where various items such as collectibles and art are traded. Those items are developed directly by the user or designed by third-party designers if requested.
The platform runs smoothly on a poly-layer architectural plan that ensures the free flow of experience and transfer between users and users, and users with the platform. These layers include:
- Client Presentation Layer
- Network Transaction Later
- Blockchain Layer
- Asset Layer
Client Presentation Layer
The Client Presentation Layer is the module responsible for the visual functions, experience, and interactions illustrated to the users. It obtains the Object List & Object Data within the Dvision Network and these come directly from the server at the time of initial access. Here, the Device Adapter module performs Display Quality Control (3D/2D, VR Supply/Unsupported, Video Resolution) depending on the user’s device to provide a favorable user experience, where users can explore the Division Network without any limitations and high performing device requirements.
Network Transaction Layer
The servers inside of the Dvision Network can be classified into three main categories. The Client-Server is a server that processes requests to acquire objects from the Client and collects actions, occurring when users perform certain actions in the Client. And there is also a Real-Time Processing Server, which is a server dedicated to handling the interaction of users connected within the Dvision platform, consisting of a group of servers with the highest Processing Power, and there is finally a DB Server that manages CRUDs of all Object Data within the Dvision platform and delivers this Object Data to the Real-Time Processing Server consistently.
The objects within the Dvision platform are all managed and treated as independent assets. Each object has a Design Asset, represented within the platform, and a Price Value used for trading within the platform, and all of the objects are marked with their owners, including NPC and Base Object. Finally, the NFT concept is applicable in the Dvision platform, and Uniqueness for this is described within the Object.
All transactions are managed inside of the Smart Contract, which is also in the blockchain, to ensure the reliability of owner transfers and transactions. Due to the nature of the Smart Contract, all transactions incur gas fees, and all transactions within the platform are created using Private Blockchain Side Token to avoid incurring high fees for frequent transactions.
DVI is the official utility token of Dvision Network, it is an Ethereum-based utility token and a crypto asset that can be utilized within Dvision Network’s new VR content ecosystem.
The DVI tokens are used for the payments of purchasing new pieces of content between participants.
Who are the Founders of Dvision Network (DVI)?
There are a lot of collaborated individuals who came together to develop the Dvision Network. The CEO, Jung Hyun Eom has had 17 years of experience in Franchise development. He also holds a patent for the developed ‘VR Curve’. He has also headed companies like Bad VR Co., LTD, and Nine VR Nice Co., LTD.
Jae Suk Hang, the CTO, is a professor at the Naval Academy Samsung Electronics VD. He has degrees in Bachelor of Electrical Engineer and Master of Digital Image Processing from KAIST.
Seong Chan Hong, the CLO, is a Managing Partner at EzLaw Firm and a graduate of Seoul National University of Alumni.
Sung Soo Kim is the head of VR development and is certified in several skills.
Other notable mentions are Won Kyun Lee, the head of marketing, and Yong Jim Chun, the Marketing manager.
What is Dvision Network (DVI) used?
Users can get to create, mint, and sell their NFTs from scratch without coding. This means you get to sell your creations for a huge amount of Ethereum tokens depending on the El of rarity.
DVI tokens can be purchased on the cryptocurrency exchange and can also be obtained in a form of compensation within the Dvision Network. This means charges and other extra fees can be settled using the DVI tokens.
The tokens can also be exchanged for an equal amount of stablecoin which can be used to purchase other materials outside the VR world.
The DVI tokens allow Participants of the Dvision Network ecosystem to secure a personal Meta-Space in the VR world once possessed.
Also, through the token Participants can receive various benefits by just holding it.
What Is the Unique Point of Dvision Network (DVI)?
Creating NFTs on networks like Ethereum comes with an expense of transaction fees, called gas fees. This deters people from trading these variable tokens, Division has found ways to eradicate this barrier.
To solve this problem, Dvision has looked to JumpNet that allows instant, free NFT transactions.
Also, it is mandatory in other platforms to understand the know-how to mint NFTs. This requirement differs in Dvision as it has made it easy for users to harness their creativity.
How many Dvision Network (DVI) coins are in circulation?
Dvision Network has a current live market cap of USD 513,747,764. It has a circulating supply of 266,596,290 DVI coins and a maximum. supply of 1,000,000,000 DVI coins.
Is the Dvision Network (DVI) secured?
Dvision Network is very secure and has had no news on attacks on theft. To ensure their security is verifiable, they undergo a regular security check by Certik.
The Dvision Network’s MultiBaas bridge uses production-grade ChainBridge smart contracts audited by ConsenSys Diligence, they have also decided to conduct another smart contract audit to ensure maximum security.
According to the thorough security analysis conducted by Certik, the Dvision Network’s BSC-based smart contracts do not possess any critical or major issues.
How do I buy Dvision Network (DVI)?
Dvision Network token (DVI) is gotten mainly from their VR/Metaverse platform but it can also be purchased through other methods.
Thankfully, the DVI tokens are available across several exchanges and can be easily purchased by the following steps.
- Open an account with the crypto trading platform.
- Transfer the specific amount of your fiat currency to your account.
- Wait for your deposit to be confirmed and Buy DVI through your trading account.
Which Cryptocurrency Wallet Supports Dvision Network (DVI)?
The PTPWallet platform supports many cryptocurrencies simultaneously such as Dvision Network token (DVI). Because of its vast use case, it has grown to become one of the most used platforms as it serves as an exchange and an engine to discover other cryptocurrencies. Additionally, users can easily use PTPWallet as their Dvision Network wallet because offers a simple and interactive interface making it easy for people to navigate its system.