Details about the MADworld project and the UMAD . token

• Overview of the MADworld project
• What is the MADworld project?
• Highlights of the MADworld project
• Products of MADworld
• The development roadmap of the MADworld project
• MADworld developers, investors and partners
• MADworld's quality advisors
• Overview of the UMAD . token
• What is UMAD token?
• Functions of the UMAD . token
• Where can I buy UMAD tokens?
• The potential of the MADworld project
• summary

Overview of the MADworld project 

What is the MADworld project?

MAD stands for Multiverse Artist Defender (the protector of artists in the cross-platform universe). MADworld is an NFT platform for both real-life works and digital collections. This is also where the artist's core and values ​​are protected in the multiverse (both real and digital).

This is a breakthrough blockchain project when combining the use of DAO mechanism (a model of operation based on encrypted principles that is not governed by humans), NFT (non-fungible token) and NFC (close device connection). It is the only platform and ecosystem that allows NFT to connect to real-world tokenized assets.

As more and more digital assets are produced as NFTs, it becomes increasingly difficult to determine which NFTs actually have core value. In order to strike a balance between the value and stability of the NFT market, reputable teams will emerge, acting as the work manager and initial valuation. Accordingly, MADworld created the MAD DAO, a DAO-based organization made up of well-known administrators, reviewers, and critics. They will approve the artist's NFT works.

Highlights of the MADworld project

Verified artwork protection mechanism

To protect artists in the multiverse, MAD provides a DAO mechanism of appraisers who will evaluate NFT works. The MAD DAO organization includes both the MAD team and UMAD token holders. 

Reputable art organizations and NFTs such as Metakovan, Animoca… are also invited to participate in the DAO to enhance the credibility of the organization and ensure all NFT works are properly evaluated.

MAD . NFT Registration Center

Based on Coinmarketcap and Coingecko's business idea of ​​providing an overview of existing fiat currencies or markets, MAD has built an NFT registry. 

This is a place where NFT enthusiasts can look up contract addresses, NFT token IDs and other metrics of legitimate NFT tokens stored in the registry such as metadata analysis, history, file storage and interoperability. This registry is sponsored by the DAO organization together with companies like Animoca, [IP Lawyers], Jenny. These are members of the DAO organization. 

New NFT projects can be registered through this hub. MAD will conduct in-depth checks before approving and listing the project in the register. The project is then announced to the community.

Cross-platform integration

MAD integrates cross-platform technology. This allows MAD artwork to be displayed on NFT platforms. In this way, the NFT can exist across different multiverses. 

Multi-platform participating organizations include Animoca, Ucollex, Chargespot, etc. Their projects and metaverse will integrate with MAD to be able to display artworks across platforms. .

Multi-chain technology

MAD supports multi-chain technology. It provides a platform that allows different blockchains to interact with each other. In essence, blockchains will act as a single chain. 

Products of MADworld

MAD . Ecosystem

This is a new business model with a win-win relationship between three parties: artist, collector and UMAD token holder.

• For artists: Through the new ecosystem, MAD wants to bring more benefits to artists. Artists can make their artworks unique by owning NFTs (each NFT represents a unique digital item and users can track them via blockchain). The NFT has the ability to prove the authenticity of the artwork. The reason is, NFTs can prove ownership history and credibility of the work, as long as the works contain NFT information.
• For collectors: As the number of NFTs will be limited, the finite supply will create a highly competitive demand in the market. MAD provides collectors with proof of ownership of NFTs. Meanwhile, UMAD will be the main token for NFT trading. Driven by NFT trading, the UMAD token will be highly liquid and popular.
• For UMAD token holders: UMAD is the main currency to trade and collect NFT in the ecosystem. UMAD holders are free to participate in MAD's economy.

Digital art war – Limits

MAD will host a digital art battle called Limits. This promises to be the biggest digital art match in the world. Digital artists from all over the world will compete for grand prizes worth millions of dollars. 

In each round, the contestants have 20 minutes to complete their artwork on a designated theme. They will be restricted to the devices used. The audience will directly vote and decide the winner.

Art toy exchange – Ucollex

Ucollex is a toy exchange that offers artwork by famous artists such as DC and Marvel comics artists Pat Lee and Dan Fraga. Unlike traditional online toy stores, Ucollex offers the option to purchase digital copies or physical copies of the toys. They will also apply NFT technology and embed NFC chips in collections to identify toys.

VR & AR

MAD combines augmented reality (AR) and virtual reality (VR) experiences into NFT creation, minting, and display. Artists can create a gallery where they can invite friends and collectors to tour their art collection. Collectors can also create and share the fun with others of their unique collections through AR and VR.

MAD .'s mint system

MAD aspires to provide users with a transparent, fair and interoperable decentralized NFT trading ecosystem. Since its launch, MAD has provided users with a carefully designed NFT exchange and a comprehensive MAD ecosystem. Therefore, MAD's mint system was born to complete that ecosystem.

MAD .'s NFT Exchange

MAD's NFT exchange is divided into two segments. The first array is for all NFT digital collections, where the artist will create artwork based solely on digital media. They create artwork, mint tokens and then can sell them on the platform. The other segment is for collections that have both physical and digital versions, where artists produce digital collections based on the popularity of their physical work.

MAD hopes that by combining digital and physical experiences, they can give a second life to all works in particular and this business and the art industry in general.

The development roadmap of the MADworld project

Detailed development roadmap of the MADworld project.

Second half of 2021:

• Launching the MADworld platform
• Launching a social media campaign
• Ucollex integration
• Token events

First half of 2022:

• Integrated RAX Extreme Sport
• Launch of digital gallery
• Reward users who stake UMAD . tokens 

Second half of 2022:

• Combined with metaverse, on-chain
• Launch of B2B platform for brands
• Launch of Gamifying NFT

MADworld developers, investors and partners

Development team

– Co-Founder & Jedi – Robert Tran: He has experience as a Co-Founder of UNDONE - the world's leading watch brand. Prior to UNDONE, he was the Co-Founder of iClick Interactive in 2009 and led the Nasdaq listing leadership team in 2017.

– Co-Founder, Product & Deep-Sea Diver – Raymond Hung: Raymond has spent the past 25 years in the information technology and high-tech sector, holding various roles in various corporations.

– Co-Founder Tech & Hacker – Comver Liang: He is a leading entrepreneur, technology enthusiast, expert in e-commerce and artificial intelligence. He started coding at a very young age, with over 15 years of programming experience in the social media industry and e-commerce system architecture.

Investors

The project has raised $6 million from a Private token sale, led by Animoca Brands with the participation of longtime industry players such as Master Ventures, SMO Capital, Libra Capital Ventures, Chiron Partners, Lotus Asset, AC Ventures, ZBS Capital, PANONY, AVATAR…

Partner

The project is currently collaborating with major institutions in the Crypto market: The Sandbox, MEXC Global, MANTRA DAO, HEX Trust and Avalanche.  

MADworld's quality advisors 

Overview of the UMAD . token

What is UMAD token?

UMAD is the governance token of MADworld.

UMAD token details:

• Code: UMAD
• Blockchain: Ethereum (ERC20)
• Total Supply: 10B UMAD
• Rotating Supply: Updating

Allocation of UMAD tokens: 

• Strategic Private Sale: 6%
• Public Sale: 0.5%
• Company reserves: 16.5%
• Team and Mentors: 15%
• Platform and DAO rewards: 25%
• Marketing Fund: 12%
• Content and Development Fund: 10%
• Liquidity Pool: 15%

Token release schedule:

• Platform and DAO rewards: 48 months of vesting month by month, release starting in Q4 2021 when the platform launches
• Marketing fund: 48 months in turn, cliff 2 months after TGE
• Content & Developer Fund: 48 months vesting month by month, cliff 2 months after TGE
• Liquidity Pool: 10% unlocked after TGE
• Team and advisor: 24 months in turn, cliff 3 months after TGE
• Company Reserve: Locked
• Public Sale: Unlocked 0.55%
• Strategic Private Sale: 24 months in turn each month, 3 months

Functions of the UMAD . token

• UMAD tokens are used for administrative purposes. The development of MADWorld will be decided by the community through voting.
• Use UMAD tokens to buy and sell NFTs on MADWorld.
• Stake UMAD tokens for profit rewards and unique NFTs.

Where can I buy UMAD tokens?

Currently, the UMAD token has been launched to the community on Paid Network and MantraDAO platforms on November 26, 2021.

The potential of the MADworld project

Currently, the art, collectibles and sports markets are dominated by only a few markets, namely NBA Top Shot, OpenSea, and Rarible. Among them, NBA Top Shot holds the largest 30-day trading volume of $272 million. 

All of the above platforms have one thing in common: NFT in trading is linked to a digital commodity. For example, NBA Top Shot offers a short video trading opportunity of NBA games; OpenSea and Rarible allow users to upload their artwork in NFT and sell to buyers; CryptoPunks provides 8-bit NFT characters. 

However, there is not a single well-known platform that tokenizes real-world assets and allows users to buy, sell and trade them efficiently, while reducing the probability of fraud. Thereby, it can be seen that the NFT market for art is still very large, MADWorld may be the next name to be called after NBA Top Shot, OpenSea and Rarible.

summary

MADworld provides an NFT platform and exchange that uses blockchain technology to protect artists and artworks while participating in the multi-platform universe. MADworld supports mint NFT to verify ownership and provenance of artwork, collections and physical products as well as original content developed from live concerts, sporting events, contests between artists and other modes of creative expression. 

MADworld is designed to give artists complete control over their NFT strategy, supporting them by maximizing the income from their intellectual property. 

For more information and updates about MADworld, visit:

Website | Twitter | Telegram | Discord | Medium | White paper

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