The Fee Token, One of many First Digital Property Backed by Gold, Achieves Main Growth Milestone with AR-Primarily based Gilded NFTs.
The Fee, an (ETH) blockchain decentralized finance (“DeFi”) firm and creator of The Fee Token, introduced a paid partnership between The Glimpse Group and its wholly-owned subsidiary firm QReal. The Glimpse Group, Inc. (Nasdaq: VRAR)(FSE:9DR), is a diversified Digital Actuality (“VR”) and Augmented Actuality (“AR”) platform firm offering enterprise-focused VR and AR software program and companies options.
The Fee Token ($CMSN) is likely one of the first digital property principally backed by gold, representing a serious step towards bridging the hole between conventional exhausting property and digital property. The Fee’s tie-in buildings with Saitama, a number one DeFi platform, and Pax Gold, the digital token division of Paxos Belief Firm, lend vital institutional credibility to The Fee Token. As such, the Token has generated substantial curiosity from the cryptocurrency neighborhood in addition to conventional buyers.
The paid partnership between The Fee and QReal requires the event of a number of 3D AR-based NFTs for The Fee Token. QReal will leverage their experience in AR improvement and 3D modeling to design over two dozen gilded 3D fashions to be minted as NFTs.
“By incorporating AR and NFTs applied sciences, The Fee achieves an essential improvement milestone towards elevating The Fee Token as a premier DeFi digital asset,” mentioned Seth Weiser, strategist at The Fee International LLC. “We imagine our partnership with QReal will finally function a major catalyst within the improvement of Decentralized Finance. Having just lately launched final month, The Fee has already achieved main objectives in a brief period of time, and we anticipate this to propel us even additional. As we proceed to progress, we anticipate to require extra fashions and AR property and sit up for persevering with our partnership with QReal to create them.”
Lyron Bentovim, President and CEO of Glimpse commented: “We imagine that NFTs will play an instrumental function in facilitating commerce within the metaverse because it evolves. Glimpse continues to develop innovative VR, AR, NFT and Blockchain associated options throughout our base of subsidiary corporations, as essential constructing blocks in our cadre of enabling immersive applied sciences. This partnership is a superb illustration of our capabilities, and we sit up for aiding The Fee in executing on their mission.”
About The Fee
The Fee is an ETH blockchain DeFi mission that has developed a brand new and revolutionary advertising idea constructed across the direct participation of its neighborhood. The Fee will present two completely different alternatives for its holders to speculate and acquire gold. One of many choices can be to stake CMSN tokens, whereas the opposite will permit investing in The Fee PAXG Gold Treasury vault. Lastly, CMSN can be investing in different initiatives in return for gold as partial collateral. The contract of The Fee can’t be modified because it has been renounced, which supplies better safety to buyers.
For extra data on The Fee, please go to https://thecommission.xyz/
About The Glimpse Group
The Glimpse Group (Nasdaq: VRAR) is a diversified Digital and Augmented Actuality platform firm, comprised of a number of VR and AR software program & companies corporations, and designed with the precise goal of cultivating corporations within the rising VR/AR business.
Glimpse’s distinctive enterprise mannequin simplifies challenges confronted by VR/AR corporations and creates a strong ecosystem, whereas concurrently offering buyers a chance to speculate instantly into the rising VR/AR business by way of a diversified platform. For extra data on The Glimpse Group, please go to www.theglimpsegroup.com
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Group: The Fee
Identify: Seth Weiser
Web site: https://thecommission.xyz
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