1.2. Blockchain Metaverse with NFTs

THE REPLICA's Virtual Universe uses blockchain technology and NFT to empower players and creators. NFT is a newly emerging area in the metaverse market. As a virtual token that can give digital creations security, reliability, and value, each NFT is unique and can be assembled with something that is not unique or unique.

FUNGIBLENON-FUNGIBLE

ex) One US Dollar

ex) The Beatles original photograph

Interchangeable

Not interchangeable

Uniform(all are the same)

Distinct or unique

Divisible

Indivisible

Comparison of Fungible versus Non-fungible Tokens

Through the use of NFTs, The REPLICA users will be able to benefit from:

A. True Digital Ownership: Even if the player renounces play, the true permanent owner of his own NFT Asset and SECTOR is himself. Blockchain allows players to tokenize all content, SECTOR, and ASSET, allowing them to decide how to trade, sell, and present. B. Security and immutability: All content, SECTOR, and ASSET in TRC's virtual universe can be easily tokenized and traded in REPLICA MARKETPLACE, which is managed and promoted by blockchain technology. In general, those based on scarcity and demand without blockchain cause fraud and theft, but because blockchain is based on distributed ledger, the risk of forgery and fraud and theft is minimized. C. Trading: Blockchain-based Metaverse platforms can provide players with ultimate stability and complete control over their digital assets. So they don't have to worry about the platform exploiting the revenue from their enduring value assets or the platform canceling and closing all of their value, and all transactions are free to buy and sell items by play. Even in the near future, players will not be limited to TRC MARKETPLACE for their digital assets and will be able to realize revenue through cross-platform. D. Cross-Application and Cross-Platform Interoperability: Blockchain provides physical space for the platform to leverage players' assets and a variety of tools and functions. Players will have a variety of content, assets, avatars, Ability & Skills and other virtual space elements as assets. These virtual universe assets will no longer be tied to a narrow digital ecosystem.

The TRC Blockchain Metaverse VR platform uses multiple tokens to create a cyclone between users interacting with the platform (player, creator, curator, and SECTOR owner). They trade NFTs such as SECTOR and Asset within REPLICA MARKETPLACE, and in order to do so, they use REPL tokens based on ERC-20 protocol standardized by Ethereum as official currency within the TRC ecosystem.

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