Nutbox | Sustainability of cryptocurrency use cases

Jun 23, 2022

Nutbox is a DAO creation platform. With the help of the Staking-based bootstrap protocol, Extensions and Governance provided by Nutbox, the community can create DAOs as easily as creating trading pairs on Uniswap, and guide DAOs to start.

Nutbox: https://nutbox.io/

Nutbox has opened two parts, V1 and V2. Of course, the launch of New WhereIN is also unique. They are

Peanut (Nutbox v1)

Peanut: https://app.nutbox.io/#/sub-community/home/?id=0xc54C1F0E7A75Fb405038891E316c973D26Bf0125

Peanut v2 native token: PNUT(BEP20)

PNUT(BEP20) contract address: 0x705931A83C9b22fB29985f28Aee3337Aa10EFE11

Nutbox

Nutbox: https://app.nutbox.io/

Nutbox Platform Token: NUT (BEP20)

NUT contract address: 0x4429FcdD4eC4EA4756B493e9c0525cBe747c2745

New WhereIN

New WhereIN: https://app.nutbox.io/#/sub-community/home/?id=0x850e4d566E402375919335CE36b04a69c868F71B

New WhereIN cToken: WIN

WIN contract address: 0x321ec7BeA5d359B539830C0C19CC995C1Db1Dce7

I often hear the phrase "a blockchain without cryptocurrency has no soul". Even so, there must be certain thresholds for participation in Web 3.0, so the education cost for participants is relatively high.

For Nutbox, Web 3.0 is an inevitable trend, and it is also an attribute of Nutbox itself. And Web 3.0 must be complementary to Web 2.0. Although we focus on Web 3.0, Web 2.0 is like one road after another, extending to different places, so that more capable people can discover, understand and participate in the Web 3.0 among them.

So can cryptocurrencies be applied and survived in the environment of Web 3.0? I personally think it's ok... Some time ago I saw a very informative case. In this case, the project party can land in various places by putting on the skin of points for the cryptocurrency, which is also directly in the It is legal in mainland China.

In addition, I remember that soon after Peanut opened in 2020, Peanut launched the [Plum Seen] wine, and supported users to exchange PNUT for this wine. Although Umemi can be seen everywhere in supermarkets now, the Umemi wine exchanged by paying PNUT at that time was a collector's edition.

The case where PNUT was exchanged for Meijian wine was actually a good one. Although everyone knows that PNUT is a cryptocurrency, although cryptocurrency is illegal in mainland China, if we call PNUT [points], then this kind of exchange is obviously would appear more legitimate.

Cryptocurrency integration has many benefits:

Add an alias for cryptocurrencies to legalize cryptocurrencies in some countries that regard cryptocurrencies as illegal, which is more convenient for the application of cryptocurrencies.
If it is a project like Nutbox that integrates PNUT or NUT or WIN in some aspects (such as the mall), it will be more conducive to the promotion of its diversified Tokens and increase its influence.
In the field of blockchain, the development of a project must keep pace with the times, and there are multiple development channels, and cryptocurrency integration can increase the development channels of the project.

There are many such examples in reality... Maybe the NFT you know is actually a cryptocurrency itself, and it is illegal in some countries, but it blossoms online and offline in the name of digital collections, and even Also legal.

There is no need to question here, the full name of NFT [Non-Fungible Token], its fundamental attribute is also a cryptocurrency, but it is inseparable compared with the conventional homogeneous token. Maybe you will say that some projects can fragment the NFT. Sorry, the fragmented NFT itself lacks its integrity, and a complete NFT is more representative, investment and collectible.

Any Web 3.0, even if there is faith, must have capital to support itself, and must have capital to allow the project to develop and develop better.

Therefore, the aliasing of cryptocurrencies may become a very effective way of project promotion and development. Don’t worry here. This approach is the starting point for [a wolf in sheep’s clothing] to have no good fruit to eat. A good Web 3.0 can do this. All are good, all serve the public.

So, this is only covered with a layer of skin, but it is not a wolf, nor does it kill a sheep to make a skin.

Here's an attempt to simulate a cryptocurrency aliased project:

My team and I have a great Web 3.0 project that in 2024 stands out as a star project in Web 3.0 in 2022 and 2023.

In order to expand the project, our team has successively launched a collector's edition of NFTs, and the NFTs sold are sold at different prices due to their rarity. The greater the rarity of NFTs held by users, the more rights they have.

One day, our team started to launch some symbolic physical products. The physical products launched this time are:

hat
shirt
shoe

The above physical items are also priced according to their rarity, but in order to build an offline club in mainland China, and for legitimacy, we alias the project Token (points).

The rarity of hats, shirts, and shoes is divided into 5 steps.
In the first step, users can go to the offline club to exchange 1,000 project points for physical items.
In the second step, users can go to the offline club to exchange 3,000 project points for physical items.
In the third step, users can go to the offline club to exchange 5,000 project points for physical items.
In the fourth stage, users can go to the offline club to exchange physical items with 7,000 project points.
In the fifth stage, users can go to the offline club to exchange physical items with 10,000 project points.
The exchanged items, the higher the ladder, the smaller the quantity.
The exchanged items will also get corresponding NFTs.
Users can freely buy and sell NFTs through online platforms.
If users don’t want to run around, they can also go to the project’s online store to buy them. The physical items can be mailed, and NFTs can still be obtained.

Of course, although the project's platform Token is aliased, it will still comply with the Bitcoin halving mechanism and will gradually burn to increase its rarity. If the user wants to have more project tokens (or points), then go buy it... Anyway, the user has a wallet, and the project has an exchange.

The above method can also be used as a very good choice. In case one day, the community asset WIN of New WhereIN will be aliased and can be exchanged offline for Meijian or Nutbox clothes, so as long as the brain hole is big enough and reasonable, cryptocurrency There are many application scenarios.

Whether it's real or real...

From May 20, 2022, until the Nutbox verifier node [noogra.nuts] becomes a valid node in the Cosmos ecosystem, all the delegates will be delegated in the [Delegate ATOM] mining pool of Walnut, Peanut Community, and New WhereIN through Nutbox Walnut. Users whose $ATOM amount is greater than 200ATOM will receive huge benefits.

Nutbox | Big News | Delegate 200ATOM through Nutbox Walnut to get an extra 30% reward 🥳🥳🥳

Here is Nutbox - Nutbox is a DAO creation platform. With the help of the Staking-based bootstrap protocol, Extensions and Governance provided by Nutbox, the community can create DAOs as easily as creating trading pairs on Uniswap, and guide DAOs to start.

Nutbox official website: https://nutbox.io/
Peanut v2 (BSC): https://app.nutbox.io/#/sub-community/home/?id=0xc54C1F0E7A75Fb405038891E316c973D26Bf0125
Official Nutbox Twitter: https://twitter.com/NutboxDao
Nutbox official github: https://github.com/nutbox-dao
Nutbox official telegram group: https://t.me/nutbox_defi
Nutbox official Chinese telegram group: https://t.me/nutboxcn
Nutbox official discord: https://discord.gg/mCwCTUgE9T

How to Apply for Nutbox Ambassadors: Join Nutbox | Global Community Ambassador Program

Nutbox Collection : A collection manual about Nutbox | If you need it, please pick it up

Note: The Nutbox collection contains various mining tutorials in Peanut and PNUT trading tutorials, etc., which are very practical. Users who need it, please pick it up .