FUE Blockchain – April 22, 2022 – FUE is a value-recognition ecosystem on blockchain created by World Bank (WB) to integrate the blockchain tools like DeFi (Decentralized Finance), GameFi (Game Finance), Metaverse, and NFT (Non-fungible Token). The recent agreement with the WIN cryptocurrency exchange will bring value to both projects. FUE is backed by a rich ecosystem that includes Blockchain, Metaverse, and FUE Token with improved tokenomics which will together help DeFI, NFT, and GameFI to realize the true value of blockchain and the internet.
Metaverse is a VR universe with untold possibilities we can drift into. The future of the internet in blended with VR and XR experience beholds what we never experienced. With the advent of the metaverse, it has become easier for artists to showcase their artwork. The Metaverse has changed altogether the way we interact with the digital world socially. The world became more familiar with the term “Metaverse” after Facebook rebranded itself to Meta. This venture sparked the interest of new players to take the lead and the potential of the digital world grew exponentially. Metaverse is expanding to every stream be it fashion, model, singing concerts, real estate, exhibitions, or video games. Morgan Stanley believes that the virtual fashion industry alone could be worth $55 in 2030. Virtual real estate, NFTs, and Blockchain games are already the billion-dollar industries. Meta will be pouring around $10 billion and hiring 10,000 employees to work on hardware and software, yet there was one thing that was frighteningly ignored: Blockchain.
First thing first, there’s a misconception about blockchain. People think that whenever they buy something, say an NFT, it is transferred from the seller’s wallet to the buyer’s wallet on blockchain. However, the reality is blockchain is only a ledger that records the transactions in a way that every entry is immutable. Blockchain in reality is the worst choice to send even a small file of kilobytes. Most of the blockchains were designed to perform cryptocurrency transactions and they were made compatible with the NFTs, Blockchain Games, and Metaverse later. The developers at World Bank Innovation Lab decided to fill the gap by introducing a purpose-built blockchain – FUE Blockchain. World Bank is actively working on Blockchain or DLT (Distributed Ledger Technology) to build an “internet of value” to encourage more decentralized and efficient financial solutions.
FUE is a metaverse blockchain that is highly compatible with digital assets like NFTs and Metaverse. FUE ecosystem interconnects all the assets in Metaverse to bring together an improved experience of the virtual world. The interconnectivity of the metaverse processes and data processing techniques create a stable ecosystem where the virtual assets can evolve into a better environment.
FUE as an internet industry is a development of the Future called the “Internet of Everything”. The blockchain is focusing on better interconnectivity and improved bridging across all exchanges. Transforming from the “Internet of Things”, and “Internet of Everything”, FU metaverse pioneers the way to unlock the potential of blockchain and decentralized connectivity in the true sense.
FUE has reached an agreement with the cryptocurrency exchange WIN which will empower the project and encourage the international communities to invest in. This agreement is an effective strategy that will help the brand to satiate its marketing needs and it is helpful to increase market share, business reach, profitability, customer loyalty, Cost value, brand image, and perceived value. Collaboration is done in such a way that the exchange doesn’t overshadow the FUE ecosystem but polishes it thoroughly. Two brands that are quite similar won’t make much difference as the market divergence is not achieved. Likewise, two completely irrelevant brands will prove to be a disaster. So, a balanced choice of brands can actually work to grab the major market that can be helpful for both parties.
FUE has already started getting investment funds from various investors. Various institutions have shoveled hefty amounts into the FUE Metaverse venture. BitVerse has invested the largest chunk of funding – $48.5 million. Another Institution name BILDA invested as much as $39.7 million in the metaverse project. Similarly, TRC Crypto poured $28.3 million and bought FUE coins from the WIN Cryptocurrency Exchange. Around $22 million was invested by M&R Groups. Likewise, PETP invested $17 million and pocketed FUE coins from the Exchange in Agreement. The investors have bagged coins from the coins worth $10 million. Once FUE claims its peak, there will be a lot more institutions putting their trust and value in the FUE Ecosystem.
The institutions acknowledge the potential of FUE and its promising future which is obvious from the level of trust they have put in FUE through investment funds. FUE stands as firm as the investors’ belief and will keep growing apace. With FUE the world will witness the era of the Internet of Everything whose core value lies in the Metaverse, FUE ecosystem governance, blockchain resources, and their active community.
The Future is Bright, WAGMI!
