ASTERIK AND WHY YOU SHOULD PAY ATTENTION TO IT.

Justin Nguyen
Asterik
Published in
4 min readMay 5, 2022

Since 2020, we all must have heard the term “NFT” or “Metaverse” at least once in our everyday Internet browsing experience. It is indeed the reality, as we can’t deny the tremendous growth this industry has witnessed in the last couple of years.

With the advent of Non-Fungible Tokens, Internet users can now take advantage of the non-interchangeable unit of data stored on a blockchain. This digital ledger can be sold and traded. Nowadays, arts can take the form of digital presentation and can be expressed anywhere and anytime, even on compact handheld devices. In such a world, people can now possess digital assets that represent real-world objects such as art, music, in-game items, and videos like never before.

This is where Asterik shines. Built on the BNB Chain, Asterik is taking the first pioneering steps toward an interconnected Web 3.0 experience, with a combination of NFTs, a decentralized economy, and tokenization that takes advantage of blockchain technology's security and decentralization.

WHAT IS ASTERIK?

Asterik is a decentralized metaverse designed for sci-fi car enthusiasts running on the BNB chain. The “eHover” cars are the first 3D hyper-realistic NFTs created on this specific blockchain. Based on a story centered around a moon-sized space station larger than any that has ever existed for humankind, Asterik features a unique structure to its metaverse game which combines a play-to-earn, join-to-earn, mine-to-earn, and stake-to-earn model. The world that Asterik is in comprises a frenzy of commercial and entertainment activities. Players can participate in the many exciting mini-games within the metaverse, purchase Car and Land NFTs and participate in a decentralized economy that provides great economic incentives.

The comprehensive structure of Asterik’s universe.

With Asterik, anyone can become a citizen of the Asterik universe and have a chance to explore the deeply hidden parts of the Asterik ecosystem or build a service or decentralized app with a sovereign token economy.

HOW DOES THE ASTERIK ECOSYSTEM OPERATE?

Nova Energy Token ($NVE) is the lifeblood of the economy of Asterik. $NVE will be utilized to initiate most activities in Asterik’s ecosystem.

$NVE is the platform’s native token; however, it is not the only token. Multiple tokens are allowed to operate under different businesses and ecosystems that make up the entire Asterik metaverse. The members of the Asterik community vote upon each entity that launches a token for its sub-system. Therefore each token launched in the ecosystem is paired with the value of NVE.

$NVE token is the main governance token of Asterik.

One of the most important use cases of the token is participating in many games in the Metaverse of Asterik. Players will utilize $NVE token to purchase in-game items that would allow them to take part in a wide array of games that Asterik offers. Another important use case of $NVE is the ability to upgrade & customize NFT eHovers. The “eHover” cars are the first 3D hyper-realistic NFTs created on the BNB blockchain. With Asterik’s native token, players can make significant adjustments to eHovers to their likings. NFT eHovers are fully-customizable and upgradable, which would make the most meticulous players pleased. Also, $NVE token can be used to purchase Land NFT, which would be introduced later in the development process. Last but not least, $NVE token is utilized for the voting process within Asterik’s metaverse to develop new features or adjust in-game parameters. The best metaverse is the one that connects people the most.

NFT eHovers are entirely customizable and upgradable!

These NFTs can be staked to earn even more $NVE tokens to provide our investors and players with great economic incentives. The revenue generated from the sale of these NFTs will fund the purchase of crypto-mining equipment. To generate revenue for participating members throughout the Asterik metaverse, a mining process for established crypto projects such as Bitcoin and Ethereum is introduced. The funds generated from mining are used to buy back NVE tokens which are then deposited into liquidity pools throughout the Asterik ecosystem. To kick start the mining process and install crypto-mining equipment, Asterik plans to sell NFTs that contain NVE tokens inside. There will be NFT Hovers, whose work is to enable users to earn more NVE tokens and receive revenue for top coin mining activities on the Asterik ecosystem.

(To be continued)

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