What is ONSTON (ONSTON)?

ONSTON is a decentralized Ethereum-based multi-metaverse platform that aspires to be a portal that allows free movement between all metaverses. In order to grow or integrate all members of metaverse communities, ONSTON serves as both a hub and a link.

ONSTON, which is based on multi-metaverse, is a virtual environment where users may participate in a variety of games and conduct business using a 3D avatar and a variety of NFT objects. In order to give consumers a more cutting-edge experience, the ONSTON team set up gaming, economics, culture, and communication platforms in the ONSTON Metaverse using its own VR and AR production know-how, facial recognition technology, and VR game technology.

In order to encourage user activity, ONSTON Metaverse not only offers an environment but also creates environments where users may engage in P2E activities. ONSTON is a platform that offers entertainment, games, a lifestyle, and communication to its members, according to its whitepaper. The ONSTON network also hopes to expand its scope to include financial services. 

The reliability problem in the centralized metaverse is what the ONSTON platform seeks to address. The concept of a virtual, online, three-dimensional realm called the metaverse connects users from all facets of their existence. Any object (land, accessories, home furnishings, etc.) in the centralized metaverse is under the control of the organization. As a result, there is a problem with the accuracy of the worth of the metaverse items that the players have bought or obtained. By offering consumers access to an NFT as-set-based multiverse platform built on blockchain technology, the ONETON network hopes to find a solution to this issue.

The native token of the Onston ecosystem, ONSTON, is an ERC20-based token. Holders of ONSTON tokens benefit from lower transaction commissions. For instance, 0.5% of the commission charge is discounted by holding up 1,000 ONSTON, and the top 2% of the guild community receives an additional 1% discount. Depending on the value of the ONSTON, the total volume of transactions, and the length of ONSTON possession, these discount benefits may vary.

 

Who are the founders of ONSTON (ONSTON)? 

The CEO and CMO of the Onston network are Hwan Sup Lee and Kyung Chan Park, respectively. The ONSTON network asserts to have accomplished numerous milestones in its whitepaper. The business of the Onston network began in the third quarter of 2020. The platform’s client interface was later created, in the fourth quarter of 2021.

 

What is ONSTON (ONSTON) used for? 

When buying or renting goods, materials, or LAND, consumers use ONSTON. Additionally, users use the ONSTON token when they purchase or rent NFT from the marketplace, embellish LAND or produce content, produce or combine NFT, upgrade or consume materials, produce or use AR/VR content, or update content.

To improve the exposure of their advertisements, advertisers set up shops on the metaverse ecosystem and employ ONSTON to cover their costs. Advertisers will use the ONSTON tokens for additional advertising costs, such as the cost of the advertising recommendation.

Businesses also use the ONSTON tokens to buy and rent LAND, as well as to build and improve corporate content, to open an ONSTON store.

 

How is ONSTON (ONSTON) unique? 

The ONSTON Multi-Metaverse Project is the place where you can meet new people from all around the world and where all metaverses can freely enter and exit.

Instead of a system that solely creates income for inventors and producers, the ONSTON metaverse’s economic activity system enables users to engage in economic activities jointly. The users of ONSTON can be more diverse by enabling economic activity for a wider range of people. Influencers can sell their films or photographs as NFTs and make NFT sales or VR fan meets through fan membership (free or ONSTON) in the metaverse’s SNS environment. (Instagram, TikTok, Internet broadcasting, etc.)

LAND is a singularly owned area where users are guaranteed a high degree of freedom. The ONSTON Metaverse allows them to create their own space.

By using their smart contract with certain restrictions, users can turn the provided LAND into a standalone area. They may create their buildings and furniture, arrange it in their area, and even invite other people to their LAND so they can all share it. Additionally, users can turn their own furniture decorations or architects into NFT. Users can obtain the ingredients they need to make them from mining zones or from quests they complete while exploring the ONSTON Metaverse. Or they make purchases directly in markets.

Each Metaverse region has a unique VR experience environment offered by ONSTON. Each ride has its own unique VR image in the amusement park, and users only require a tiny quantity of ONSTON coins to ride. Additionally, for users’ natural exposure, advertisement boards have been put in every corner of the amusement park. Corporate adverts can connect with people in numerous locations throughout the ONSTON metaverse even if they are not this specific sort of marketing. Businesses pay ONSTON tokens as an advertising cost.

XR 3D Avatar is supported by ONSTON. In the ONSTON metaverse, users can choose an avatar character from a variety of sophisticated styles and templates. The 3D avatar is created based on the user’s selfie and uses vision computing and machine learning technology to give it a realistic feel. As a result, users can have a second character operating as a sub-character; nevertheless, the same avatar cannot exist in the metaverse. Users that interact with the metaverse using a VR HMD may feel as though they are in the actual world.

Also, in ONSTON, there are mining zones.

Mining can provide the resources (stone, tree, metal, etc.) required for various production processes. Every material has a grade, and there is a chance to obtain unusual materials. Combining inferior materials results in the production of rare materials as well. In order to allow users to engage in economic activity, the collected materials are also sold in ONSTON stores.

 

How many ONSTON (ONSTON) coins are in circulation?  

ONSTON has a total supply of 1,000,000,000 ONSTON with a current circulating supply is 234,825,543 ONSTON.

THE COMMUNITY REWARD (2%)

FOUNDERS(5%)

REWARD FOR PLATFORM (8%)

PARTNERS(10%)

ECOSYSTEM(10%)

RESERVE(10%)

R&D(15%)

MARKETING(15%)

SALE OF TOKENS (25%)

 

How is the ONSTON (ONSTON) network secured?

Based on their successful cooperation projects, ONSTON and Roark Fund joined up with the goal of enabling the global adoption of the ONSTON multi-metaverse ecosystem in a faster and safer manner. With the integration of games, museums, commerce, and NFT into the meta world, the cooperation will assist in enabling a secure and privacy-enabled ONSTON metaverse experience. Users that engage in various ONSTON metaverse activities benefit from obtaining project tokens and using them within the ONSTON metaverse.

 

How do I buy ONSTON (ONSTON)?

The ONSTON token can be used for a wide range of purposes, like staking and payments.

ONSTON (ONSTON) tokens can be easily purchased by following the steps below. 

* Open an account with the crypto trading platform of your choice.

* Transfer the specific amount of your fiat currency to your account.

* Wait for your deposit to be confirmed and buy CNS through your trading account by swapping with BTC, ETH, or USDT pairs.

 

Which Cryptocurrency Wallet Supports ONSTON (ONSTON)?

The PTPWallet platform supports many cryptocurrencies, with ONSTON soon to be included. Because of its vast use case, PTPWallet has grown to become one of the most popular platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. The platform has a simple user interface, is compatible with both Android and iOS devices, and includes a mobile wallet app.

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