NFT Moon Metaverse explores e-Money’s stablecoins
We may or may not find life in outer space in our lifetimes but we will certainly find many reimage life within the Metaverse. NFT Moon Metaverse, a multi-chain project is exploring e-Money’s suite of European stablecoins to power its ecosystem.
e-Money x NFT Moon Metaverse
e-Money has been consistently hitting its milestones: integrating with multiple chains, adding a fiat on-ramp, and strengthening its infrastructure to enable new use cases for its suite of fully asset-backed, interest-bearing stablecoins such as EEUR, ECHF, ESEK, ENOK, and EDKK. The Cosmos project is interoperable and offers a strong alternative to dollar-denominated stablecoins.
NFT Moon Metaverse plans to explore the integration of e-Money’s suite of stablecoins thus increasing the popularity of its project within Europe — a region that is vital to the growth of the crypto ecosystem. Furthermore, this will enable the metaverse project to onboard a new cohort of users to participate in its ecosystem.
Over the (metaversal) moon
Demand for land in metaverse projects has seen a steady rise, with crypto-forward individuals, companies, and brands betting on an ecosystem where digital avatars can meet, live and do business, just like the offline world.
NFT Moon Metaverse is a futuristic Create-To-Earn (C2E) world inhabited by self-driven people and a reality that can be personalized for boundless opportunities. Users can buy or rent virtual plots of land, purchase avatars, and partake in DAO governance that aids in the running of multiple cities in this metaverse. Users can also create businesses, sell advertising, and partake in staking activities in order to earn an income. Several other business models are in the pipeline as the project gains maturity.
About NFT Moon Metaverse
NFT Moon Metaverse is the futuristic Create-To-Earn multi-blockchain universe. ID Cards grant the entrance to the Metaverse where each person can build a personalized reality and experience. Moreover, an ID Card owner has access to a variety of Metaverse assets: Moon land plots, objects, avatars, and advanced designer features.
e-Money is a blockchain-based payment platform built by Danish fintech e-Money A/S, committed to bringing financial inclusion and helping people around the world to have easy access to digital currencies. Built on Cosmos technology, e-Money supports a range of fiat-stablecoins which are fully backed by bank deposits and government bonds that are also interest bearing. The fidelity and transparency of e-Money stablecoins will be ensured by Ernst & Young providing quarterly Proof of Funds.
e-Money currently supports several European currency-backed stablecoins such as the EEUR, the ECHF, and tokens backed by Scandinavian currencies (ENOK, EDKK, and ESEK). The e-Money ecosystem has a second token, the NGM “Next Generation money” which is a staking token and rewards token. Users can stake NGM to secure the e-Money network.
Unlike most existing stablecoins which aim to maintain a static 1:1 peg with their underlying assets, the value of e-Money’s currency-backed tokens continually shifts in line with the interest accrued on the reserve assets. This means that holders benefit from the interest accrued on their assets while they sit securely in your wallet. The e-Money blockchain supports instant payments at scale and includes a DEX for easy conversion between currencies. e-Money has already integrated with Cosmos Hub, Osmosis, and Ethereum and expects to integrate with all major networks moving forward.