Questdriem Launches its Metaverse Native Cryptocurrency in Pursuit of Building the Largest NFT Marketplace

Questdriem is a decentralized ecosystem built on the Binance Smart Chain (BSC) Network and offers cross-chain capabilities. Questdriem has started developing its own unique NFT marketplace that connects and unifies a decentralized community. Through the Questdriem Metaverse people will now be able to own exclusive rights on unique themes, characters, videos, music, and much more. Staking and will allow users to earn yield in a form of QuestDM (QSTD) Tokens, the native cryptocurrency of the Questdriem Metaverse. The team is revolutionizing the crypto industry with a more open, accessible, inclusive, and fair global financial system. Questdriem is also developing its own launchpad where people can launch their NFTs to raise capital for their NFT projects.

QSTD is a decentralized currency that leverages powerful blockchain applications.

QuestDM is a cross-chain ERC20 / BEP20 token that can be earned by participating in the Questdriem platform. It can be used to curate content and vote on platform upgrades through a governance mechanism. The cryptocurrency can be bought, sold, exchanged, swapped with other cryptocurrencies, which allows users to buy NFTs, mint, sell, pay transaction fees, play games, lottery, etc., in the Metaverse.

DAO Cross-Chain NFT Marketplace

Questdriem is a community-owned, creator-centric NFT marketplace where users can mint, buy, and sell digital collectibles and any other type of digital content without coding skills. These dynamic fuels liquid intellectual property rights to an extent that the world has never seen before. Notably, Questdriem is the second NFT platform in the blockchain space to launch a governance token. QSTD rewards the most active creators and collectors with the right to vote on any important updates and participate in the platform's future.

Questdriem is in the process of conducting a series of 3 third party audits between currently developed products consisting of the Metaverse web-platform, as well as 2 additional audits on the smart contracts regarding the crypto token (QuestDM). An un-official audit has been completed prior to our IDO token offering.

The Questdriem Metaverse platform is being developed with a full front and backend audit by the time of its official launch. Overall, the smart contracts, token, and Metaverse platform will all be officially audited by Certik.com a well-known blockchain security auditing company for its final audit.

NFT Launchpad

LaunchQuest is a multi-blockchain-supported platform that fills the gap between the investors-fundraiser and the decentralized protocol of cryptocurrency. The aim is to connect the world for borderless transactions for the fundraising of new projects. Questdriem is focused on supporting the future of decentralization by providing developers with the launchpad to showcase their concepts, build bridges in the space, and cultivate community within the web3 ecosystem.

What is a Metaverse job?

The Questdriem Metaverse combines all aspects of life in one place. While many people already work at home, remotely, in the Metaverse, you will be able to enter a 3D office and interact with your colleagues' avatars. Your job may also occupy the Metaverse and provide you with income via cryptocurrency tokens directly usable in the Metaverse. In fact, these kinds of jobs already exist in a similar form.

GameFi and play-to-earn models now provide steady income streams for people worldwide. These online jobs are great candidates for metaverse implementation in the future, as they show that people are willing to spend their time living and earning in virtual worlds. Play-to-earn games like Axie Infinity and Gods Unchained don't even have 3D worlds or avatars. However, it's the principle that they could be part of the metaverse to earn money entirely in the online world.

When it comes to a crypto-powered Metaverse, further integration between NFT marketplaces and 3D virtual universes are the next step. NFT holders can sell their goods from multiple sources on marketplaces, but there isn't yet a popular 3D platform for this, that is why Questdriem has taken on this task to make this vision a reality.

What is a crypto lottery? A crypto lottery resembles its traditional counterpart in many ways. In both, you purchase a ticket with a serial number on it. Then, a number is randomly picked, and the ticket with the serial number closest to it wins. The Questdriem concept is very much the same, but with a twist.

How does blockchain solve issues faced by current lottery systems?

Fairness: When it comes to lotteries, fairness is a critical component of the game. However, traditional lottery systems struggle to harbor a spirit of trust within the community. Fortunately, the public, yet, secure ledger of a blockchain can bridge this gap. Information about the lottery becomes available to all, and transparency is restored in the system.

Reliability: The second challenge faced in the lottery industry is the disbursement of funds. Generally, 50 percent of the proceeds from ticket sales are added to the cash pool, which becomes the jackpot for the winner. However, players can't know where the money is being directed, which is what causes all the mistrust.

Transparency is key - with a blockchain-based system, the total amount arising from the sale of tickets is visible to all. Moreover, smart contracts on blockchain lotteries guarantee that the right amount is delivered to the right person at the right time with complete security. This also restores trust in an otherwise grey system.

Smart contracts are self-executive pieces of code that carry out transactions based on terms and conditions mentioned within the contract. So, if Person A is deemed to be the winner of a lottery, the smart contract will automatically transfer winnings, without any human intervention.

Infallible: Another challenge in mainstream lottery systems is fraud. Fraudulent schemes are commonplace in this industry, such that security and compliance with the law are integral parts of the operation. However, blockchains ensure that every node (transaction validator) maintains a copy of the public ledger, thus making it impossible to tamper with. Also, blockchains do not allow human intervention as all the processing is distributed across the globe, thus eliminating the slightest possibility of fraud.

Availability: Lotteries aren't legal in all countries, and this prevents mass participation. The decentralized nature of blockchain technology mitigates this problem. There isn't any restriction on obtaining cryptocurrencies in most parts of the world, and one can join in from anywhere, thus solving the issue of availability.
QuestDM: A utility token solving crypto industry problems.

Eliminating gas fees: QuestDM aims to eliminate high gas fees by using a faster and cheaper network like BSC. In using the native token will allow users to stake their tokens along with the QuestDM reward program to allow users to overcome all fees, making the platform a ZERO fee platform.

Increasing decentralization: QuestDM is progressively decentralized overtime, allowing Questdriem to craft a true Decentralized Autonomous Metaverse (DAM).

Creating more opportunities and inclusivity: QuestDM provides every creator equal opportunities by offering more ways new creators to be noticed and their NFTs featured on the platform.

Crafting community: Questdriem's Metaverse leverages the QuestDM token as a community-focused and community-driven digital asset.

Token Disclaimer:
QSTD Tokens (the "Tokens") does not constitute an investment and is not a security. The Tokens do not represent any claim for repayment of a monetary sum against the Issuer, nor have persons holding Tokens ("Token Holders") any claim against the Issuer for payment of interests or for sharing of profits generated by the Issuer. A total loss of the value of QSTD Tokens or any investment due to various causes cannot be excluded. The Issuer will undertake best efforts to have the QSTD Token listed at a cryptocurrency exchange or trading platform but cannot guarantee if and when such listing will take place. Until a listing has been completed, Token Holders can dispose of tokens only by way of selling them on a bilateral basis. There is no guarantee that buyers for Tokens will be available, or that they will be willing to pay the price paid by the Token Holder at the time of the acquisition of the Token. An acquisition of Tokens is suitable only for experienced persons who are able to evaluate the risks, including the risks related to the underlying technology, and who have sufficient resources to be able to bear any losses, including a complete loss, which may result from such acquisition. Before subscribing to or otherwise acquiring any Tokens, prospective investors should specifically ensure that they understand the structure of, and the risk inherent to, the Tokens. Prior to the acquisition of QSTD Token, persons should independently assess any possible risks, seek advice with respect to the economic, legal, regulatory and tax implications of the purchase of QSTD Token and should consult with his/her own investment, legal, tax, accounting, or other advisors to determine the potential benefits, burdens, risks and other consequences of a purchase of QSTD Token. Prospective Token Holders are required to study the white paper, the website, the FAQ's and all other available information sources, and are encouraged to clarify all their questions prior to the acquisition of Tokens.

Questdriem
Los Angeles, CA USA
hello@questdriem.com
https://www.questdriem.com

Questdriem is a decentralized Ecosystem of the modern world based on the Binance smart chain (BSC) and offers cross-chain capabilities. Questdriem will be developing its own unique NFT marketplace and will connect decentralized community together. People will now be able to own exclusive rights on unique themes, characters, videos, music, and much more. Staking and will allow users to earn yield in a form of QuestDM (QSTD) Tokens. We are revolutionizing the market with a more open, accessible, and fair global financial system. Questdriem is also going to launch its own launchpad where people can launch their NFTs to raise capital for their NFT projects, along with our own metaverse and crypto lottery.

This release was published on openPR.