Azteq is now listed on Cryptology!
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What is Azteq?
Azteq is a revolutionary metaverse experience utilizing the very best of blockchain and Web3 technologies.
The developers have set out “to create a decentralized metaverse where individuals can explore, create, connect, and monetize their digital assets in a transparent, secure, and inclusive ecosystem.”
At its core, Azteq is a platform to build your gaming experiences on the Avenge layer one blockchain.
Use the built-in TETRA engine to create immersive games. They can be deployed across multiple platforms and offer complete flexibility for developers without cutting back on quality.
Some of the key features of Azteq include:
- Competitive gaming/Esports
- Content creation
- Digital assets
- Create communities
- Opportunities for creators and gamers
Another exciting feature of Azteq is Token Gate. This allows users to migrate existing NFTs they own into Azteq metaverses.
NFTs can also be rented through Token Gate, offering ways to earn in Azteq.
The Azteq token
The native token of the Azteq metaverse is AZTEQ.
It is built with the power and functionality of the Binance Smart Chain, along with the technologies of Dynamic Digital Assets (DDA)
AZTEQ is a utility token used to process payments across the ecosystem. Content creators and those selling on the marketplaces also receive AZTEQ as payment.
The Distribution of AZTEQ token is as follow:
- 5M staked in the contract for rewards
- 50M allocated for Liquidity, Listing, and Trading activities
- 20M given for loyalty programs, incentives, and ecosystem development
- 31M allocated for bulk purchase in direct sales from AZTEQ Metaverse
- 10M as a war chest in reserve
Holders of AZTEQ can also govern the ecosystem. However, unlike other governance models, Azteq is more accessible.
- One vote per individual, regardless of the number of coins held.
- One bonus vote per individual who has a marketplace position.
- One bonus vote per individual who owns a certain amount of AZTEQ coins.
Furthermore, to control inflation and the overall value of the token, it works with a controlled inflation mechanism. Any additional minting of the AZTEQ token happens every 6 months through a community vote.
AZTEQ’s market stats:
- Current market cap: $151.52M
- Circulating supply:
- Max supply: 116,203,150 AZTEQ
- Twitter: 2853 followers
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Katya V.
Katya is one of Cryptology’s skilled content managers and a writer with a diverse background in content creation, editing, and digital marketing. With experience in several different industries, mostly blockchain and others like deep tech, they have refined their ability to craft compelling narratives and develop SEO strategies.