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Solice: A Virtual Wonderland on the Solana Blockchain

July 3, 2024
Altcoins
6 min

Step into Solice, a vibrant VR metaverse on the Solana blockchain where users can play, create, own, socialize, and monetize their virtual adventures. Boasting multi-platform support that transcends hardware and software barriers, Solice aims to foster a sprawling digital community. Explore endless possibilities with land ownership, NFT collectibles, and immersive mini-games, all while earning tokens through quests and challenges. With a focus on democratic governance via its native SLC token, Solice is set to revolutionize the metaverse experience by making it both engaging and rewarding. Buckle up for a ride into the future of decentralized virtual reality.

What is Solice?

Solice is a cutting-edge VR metaverse built on the Solana blockchain. It offers a dynamic environment where users can engage in a multitude of activities such as playing games, creating assets, owning virtual land, socializing with other users, and monetizing their experiences. The platform supports multiple devices, eliminating the barriers posed by different hardware, software, and operating systems. This inclusivity allows users to invite friends and family, thereby expanding the user base exponentially.

Key Features of Solice

  1. Multi-Platform Support: Solice is accessible across various devices, including desktops, mobile phones, and VR headsets. This cross-platform compatibility ensures that users can engage with the metaverse regardless of their hardware.

  2. NFT Collectibles: Users can collect a variety of NFTs, including pets, gemstones, and other collectibles. These NFTs can be traded or used within the metaverse, adding a layer of depth and engagement.

  3. Land Ownership: Users can purchase and develop land plots within the metaverse. These plots can be customized with various assets and mini-games, providing a unique and personalized experience.

  4. Monetization Opportunities: By participating in quests, clearing dungeons, and reaching leaderboards, users can earn tokens and other rare assets. This incentivizes active participation and rewards users for their efforts.

  5. Democratic Governance: Solice employs a democratic governance mechanism based on liquid democracy. Users can participate in governance decisions through the Solice native token (SLC), ensuring that the community has a say in the platform's development.

The Solice Crypto Token (SLC)

Purpose and Utility

The Solice crypto token (SLC) serves as the backbone of the Solice metaverse. It is a utility and governance token used for various activities within the platform. Here are some of the key functions of the SLC token:

  1. Marketplace Transactions: SLC is used for trading NFTs and assets within the Solice marketplace. Users can buy and sell land, pets, and rare gems using the token.

  2. In-World Purchases: The token facilitates in-world purchases of digital goods and services, making it a versatile currency within the metaverse.

  3. Staking and Rewards: Users can stake SLC tokens on their land plots to earn additional rewards such as extra APY and rare materials. The token is also used for staking in genesis staking pools and farming activities.

  4. Governance: SLC holders can participate in governance decisions by voting on proposals and creating new ones. This ensures that the community has a voice in the platform's development.

Unique Features

One of the standout features of Solice is its cross-chain platform capabilities. This allows for easy transfer of assets between different networks, making it simple for users to invite and connect with friends across various blockchain platforms. This cross-chain interoperability enhances the user experience by providing a seamless transition between different platforms and services within the metaverse.

Tokenomics and Distribution Model

The total supply of SLC is fixed at 400,000,000 tokens, with an initial circulating supply of 43,200,000 SLC. The token distribution model is designed to ensure a balanced allocation among various stakeholders, including the team, advisors, ecosystem development, community, and investors.

Token Distribution

  1. Reserve: 80,000,000 tokens with a 1-year cliff and 2-year vesting period.
  2. Team: 60,000,000 tokens with a 1-year cliff and 2-year quarterly vesting.
  3. Advisor: 12,000,000 tokens with a 1-year cliff and 2-year quarterly vesting.
  4. Ecosystem: 40,000,000 tokens with a 6-month lock and 2-year linear vesting.
  5. Community & Marketing: 60,000,000 tokens with 30% unlocked and 7 months vesting over the last 70%.
  6. Private Sale: 68,000,000 tokens with 18 months vesting and linear quarterly unlock.
  7. Seed Round: 24,000,000 tokens with 18 months vesting and linear quarterly unlock.
  8. Platform Reward: 28,000,000 tokens with 50% unlocked and 5 months linear vesting over the last 50%.
  9. User Incentive: 20,000,000 tokens with 40% unlocked and 6 months linear vesting over the last 60%.
  10. Public Sale: 8,000,000 tokens.

Mechanisms to Control Inflation

To control inflation, Solice employs several mechanisms such as token burning and staking rewards. These mechanisms ensure that the token supply remains balanced and that the value of SLC is maintained over time.

The Team Behind Solice

The success of Solice can be attributed to its dedicated team of professionals with extensive experience in blockchain technology, gaming, and virtual reality.

Core Team Members

  1. Christian Zhang (CEO): Christian has a crypto-native background and has been involved in the industry since 2016. He has experience from both the institutional and retail investment sides, with previous experiences from Fantom, LTO Network, and Solanium. Christian is responsible for designing and building the Solice metaverse.

  2. Serena (COO): Serena is an experienced business strategist with an entrepreneurial background. She has closed over $750M in business contracts and is a consultant to an angel investment fund. Serena is also an investor and partner in an institutional fund that held the fifth-biggest wallet of Bored Ape Yacht Club NFTs.

  3. Ray (CTO): Ray has over 10 years of IT experience and has worked in front-end, back-end, and embedded Linux systems and databases. He holds a degree in Computer Science and Technology and has previously worked as a software engineer lead at Nissan Motors.

Notable Advisors and Partners

Solice has garnered support from notable advisors, partners, and investors, including Three Arrows Capital, DeFiance Capital, and Animoca Brands. These partnerships provide valuable insights and resources that contribute to the platform's growth and development.

Market Data

Current Statistics

  • Current Price: $0.0053
  • Market Cap: $0.00
  • 24h Price Change: 10.88%
  • 7d Price Change: 50.56%
  • 30d Price Change: 88.19%
  • **24h High
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Step into Solice, a vibrant VR metaverse on the Solana blockchain where users can play, create, own, socialize, and monetize their virtual adventures. Boasting multi-platform support that transcends hardware and software barriers, Solice aims to foster a sprawling digital community. Explore endless possibilities with land ownership, NFT collectibles, and immersive mini-games, all while earning tokens through quests and challenges. With a focus on democratic governance via its native SLC token, Solice is set to revolutionize the metaverse experience by making it both engaging and rewarding. Buckle up for a ride into the future of decentralized virtual reality.

What is Solice?

Solice is a cutting-edge VR metaverse built on the Solana blockchain. It offers a dynamic environment where users can engage in a multitude of activities such as playing games, creating assets, owning virtual land, socializing with other users, and monetizing their experiences. The platform supports multiple devices, eliminating the barriers posed by different hardware, software, and operating systems. This inclusivity allows users to invite friends and family, thereby expanding the user base exponentially.

Key Features of Solice

  1. Multi-Platform Support: Solice is accessible across various devices, including desktops, mobile phones, and VR headsets. This cross-platform compatibility ensures that users can engage with the metaverse regardless of their hardware.

  2. NFT Collectibles: Users can collect a variety of NFTs, including pets, gemstones, and other collectibles. These NFTs can be traded or used within the metaverse, adding a layer of depth and engagement.

  3. Land Ownership: Users can purchase and develop land plots within the metaverse. These plots can be customized with various assets and mini-games, providing a unique and personalized experience.

  4. Monetization Opportunities: By participating in quests, clearing dungeons, and reaching leaderboards, users can earn tokens and other rare assets. This incentivizes active participation and rewards users for their efforts.

  5. Democratic Governance: Solice employs a democratic governance mechanism based on liquid democracy. Users can participate in governance decisions through the Solice native token (SLC), ensuring that the community has a say in the platform's development.

The Solice Crypto Token (SLC)

Purpose and Utility

The Solice crypto token (SLC) serves as the backbone of the Solice metaverse. It is a utility and governance token used for various activities within the platform. Here are some of the key functions of the SLC token:

  1. Marketplace Transactions: SLC is used for trading NFTs and assets within the Solice marketplace. Users can buy and sell land, pets, and rare gems using the token.

  2. In-World Purchases: The token facilitates in-world purchases of digital goods and services, making it a versatile currency within the metaverse.

  3. Staking and Rewards: Users can stake SLC tokens on their land plots to earn additional rewards such as extra APY and rare materials. The token is also used for staking in genesis staking pools and farming activities.

  4. Governance: SLC holders can participate in governance decisions by voting on proposals and creating new ones. This ensures that the community has a voice in the platform's development.

Unique Features

One of the standout features of Solice is its cross-chain platform capabilities. This allows for easy transfer of assets between different networks, making it simple for users to invite and connect with friends across various blockchain platforms. This cross-chain interoperability enhances the user experience by providing a seamless transition between different platforms and services within the metaverse.

Tokenomics and Distribution Model

The total supply of SLC is fixed at 400,000,000 tokens, with an initial circulating supply of 43,200,000 SLC. The token distribution model is designed to ensure a balanced allocation among various stakeholders, including the team, advisors, ecosystem development, community, and investors.

Token Distribution

  1. Reserve: 80,000,000 tokens with a 1-year cliff and 2-year vesting period.
  2. Team: 60,000,000 tokens with a 1-year cliff and 2-year quarterly vesting.
  3. Advisor: 12,000,000 tokens with a 1-year cliff and 2-year quarterly vesting.
  4. Ecosystem: 40,000,000 tokens with a 6-month lock and 2-year linear vesting.
  5. Community & Marketing: 60,000,000 tokens with 30% unlocked and 7 months vesting over the last 70%.
  6. Private Sale: 68,000,000 tokens with 18 months vesting and linear quarterly unlock.
  7. Seed Round: 24,000,000 tokens with 18 months vesting and linear quarterly unlock.
  8. Platform Reward: 28,000,000 tokens with 50% unlocked and 5 months linear vesting over the last 50%.
  9. User Incentive: 20,000,000 tokens with 40% unlocked and 6 months linear vesting over the last 60%.
  10. Public Sale: 8,000,000 tokens.

Mechanisms to Control Inflation

To control inflation, Solice employs several mechanisms such as token burning and staking rewards. These mechanisms ensure that the token supply remains balanced and that the value of SLC is maintained over time.

The Team Behind Solice

The success of Solice can be attributed to its dedicated team of professionals with extensive experience in blockchain technology, gaming, and virtual reality.

Core Team Members

  1. Christian Zhang (CEO): Christian has a crypto-native background and has been involved in the industry since 2016. He has experience from both the institutional and retail investment sides, with previous experiences from Fantom, LTO Network, and Solanium. Christian is responsible for designing and building the Solice metaverse.

  2. Serena (COO): Serena is an experienced business strategist with an entrepreneurial background. She has closed over $750M in business contracts and is a consultant to an angel investment fund. Serena is also an investor and partner in an institutional fund that held the fifth-biggest wallet of Bored Ape Yacht Club NFTs.

  3. Ray (CTO): Ray has over 10 years of IT experience and has worked in front-end, back-end, and embedded Linux systems and databases. He holds a degree in Computer Science and Technology and has previously worked as a software engineer lead at Nissan Motors.

Notable Advisors and Partners

Solice has garnered support from notable advisors, partners, and investors, including Three Arrows Capital, DeFiance Capital, and Animoca Brands. These partnerships provide valuable insights and resources that contribute to the platform's growth and development.

Market Data

Current Statistics

  • Current Price: $0.0053
  • Market Cap: $0.00
  • 24h Price Change: 10.88%
  • 7d Price Change: 50.56%
  • 30d Price Change: 88.19%
  • **24h High
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