After months of negotiation, Mannheim today announced that it has reached a definitive agreement to acquire Domino Network for a total of $45 million, after which the Domino team will join the Mannheim Foundation, bringing in experience in distributed storage, smart contract development, and oracle technology. Meanwhile, the Foundation rebranded Domino to Mannheim and upgraded its website, logo, and domain name.
Established in 2019, Domino has undergone rapid growth and expansion in the last two years, which would not have been possible without the continued support and encouragement from the community. With the growing popularity and prevalence of blockchain and metaverse, Mannheim (previously known as Domino) will usher in a new stage of development.
In the weeks to come, Mannheim will showcase the mission and vision of the new-generation digital reality with a brand refresh, including updating the current visual identity and official website, along with marketing materials, which would help better communicate the brand with the public.
Furthermore, there are a few things to note.
#1 Token
DMI, the name of the Mannheim mainnet token will be changed to HEIM. Once the mainnet launches, Mannheim will issue the network native asset HEIM on it. (Note: Mannheim will always recognize the DMI digital assets on different blockchains issued, and the token mapping will soon be accomplished after the mainnet launches.
HEIM is the tradable token of the Mannheim Network ecology. It is the token economic carrier of the Mannheim digital space ecology, used to maintain the continuity of the entire blockchain node ledger and ensure the balance of the blockchain ecology.
#2 Valery World
Domino World will be updated to Valery World, which is an open, social, multi-scenario, virtual panoramic digital space based on the Mannheim blockchain.
In Valery World, people can create and explore with other people who aren’t in the same physical space as you and even truly own the wealth they build (known as “non-fungible tokens”).
It is an immersive virtual world close to real life. The first version of the Valery World ecosystem “Navaland” will be launched soon. Until then, all our community members are welcome to join and have their own unique experiences.
The brand refresh opens up a new chapter for Mannheim. To meet the needs of different users, website version 2.16 uses simplified and interactive visual design and displays the most comprehensive content. This act represents an important step for the project and marks the beginning of a new era for our entire crypto community.
Mannheim firmly believes that blockchain technology is destined to change how traditional society works and build a new digital world. As Mark Zuckerberg, the CEO of Meta stated in his founder’s letter, the metaverse will be the “next chapter” of both the company and the internet.
To realize the metaverse people envision is exactly Mannheim’s mission. It is believed by many that in the near future, Mannheim will build a digital-reality metaverse ecosystem based on its mainnet performance.
Mannheim Foundation
November 15, 2021
