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How does Vcity build a cross-chain social dream factory?
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In terms of application scenarios, Vcity integrates multiple fields such as metaverse, streaming media, social networking, education, and NFT. For example, V-Meta can provide virtual social networking, virtual business, and cross-border integration scenarios to build an immersive experience for users; V-Between supports scenarios such as corporate live broadcasts, education and training, and entertainment interactions, and provides decentralized audio-visual production and distribution services, with the characteristics of no intermediary, user-controlled content and income distribution, V-Coco realizes instant messaging and community interaction between users, and ensures data privacy and security; V-Academy provides Web3 knowledge training and skills improvement to help users integrate into the digital economy; V-Dmart is a decentralized trading platform for digital goods and services, allowing users to participate in virtual exhibitions and collections, and will support multiple payment methods; V-NFT Marketplace supports NFT casting, trading, and display, and promotes the popularization of digital art and cultural assets. It has issued more than 8.43 million NFT assets with a value of more than 100 million US dollars; Vcity instant messaging and VoIP social platforms support users to communicate through voicemails, video calls, text messages, and multimedia.
In terms of economic incentives, V5 plans to launch an X To Earn model that supports multiple scenarios, where players can earn income or rewards by participating in products. For example, users can earn income by purchasing, building and renting NFT virtual plots, and even land holders can vote on platform policies and development; earn tokens by visiting museums, such as exhibitions or large-scale cultural scene activities, and get unique experiences and specific digital assets that are only open to token holders; users can get token rewards by completing specific learning tasks or courses, etc. In addition, V-DeFi will provide services such as lending, staking, and liquidity mining. For example, players can use NFT assets for loans and enhance asset liquidity, bringing a decentralized financial experience; V-socialfi allows users to buy and sell social influence NFTs, unlock encrypted information and exclusive content, and earn rewards by posting content, commenting or interacting. Once these incentive models are officially launched, they will effectively build a traffic pool, thereby creating a loyal community and forming a flywheel effect. As of January 2025, V5 has more than 1.5 million registered users and more than 100,000 daily active users, covering 233 regions around the world.
If the Metaverse is to achieve diversified application scenarios and attract a wider user base, the importance of its infrastructure is self-evident. This not only needs to meet multiple requirements such as high concurrent processing capabilities, low-cost operations, data security, and user autonomy, but also provide solid support for the expansion of the ecosystem. The Fifth City has laid the foundation for a sustainable Metaverse narrative through technological innovation, decentralized identity, and the construction of a wallet system.
Technically, the Vanguard Protocol, a modular blockchain framework designed by Fifth City specifically for developers, ensures the security and scalability of the ecological operation with its modular design, high throughput and decentralized features. In the vision of the Metaverse, the primary task of the infrastructure is to support the simultaneous online and real-time interaction of a large number of users. Imagine a virtual city where millions of users may be socializing, trading or participating in activities at the same time, which places extremely high demands on the performance of the underlying blockchain: both high concurrent interaction and low latency and high throughput are required. With its excellent scalability and low latency design, Vanguard Protocol can calmly cope with such high-frequency and high-concurrency scenarios. It supports multiple consensus mechanisms, effectively optimizes network efficiency, ensures fast transaction confirmation, and maintains decentralized security. Whether it is the instant transaction of virtual goods in the Metaverse or the real-time update of the user's status in the virtual space, Vanguard Protocol can provide stable and efficient technical support to clear obstacles for the implementation of large-scale applications.
Overall, the one-stop Metaverse ecosystem of the Fifth City has brought users interactivity and rich digital experience beyond the traditional Internet through diversified application scenarios, innovative economic incentive mechanisms and strong infrastructure construction, giving users more control and sense of participation, and further enhancing the liquidity and value creation of digital assets.
