The ones who are full of woe are not only the Wednesday’s children but also the contemporary idealists whose dreams have been shattered due to the sanctions of Tornado Cash. This seems to further prove the fact that decentralization can only be truly realized under a democratic culture which reinforces the notion of decentralization concerning power and rights since it provides an avenue for a forceful community consensus to be developed towards the crypto world.
As a consequence of the mutual consonance, here comes the rapid outgrowth of Web3, metaverse and so on owing to concerns in respect of personal information that are no longer satisfied in this society with sophisticated technology. The frequent incidents related to information leakage under the conventional centralized control has led to the loss of confidence especially in the aspects of privacy, safety, transparency and openness.
On the ground of this, BIB Meta brings a brand new Web3 ecosystem into being which it empowers mutually with BIB Exchange, representing diversified Decentralized Autonomous Organization (DAO) community nodes that put humanity a stone’s throw away to Web3.
Utilizing DAO as a decentralization mechanism
BIB Meta is renowned by the public predominantly for its innovation. Still, the implementation of the DAO mechanism is in sooth a comparatively notable element.
DAO comprises smart contracts that execute decisions agreed by the majority based on the foundational rules in a particular community. It can definitely be considered a huge step-forward in terms of autonomy and transparency as voting and even the code itself can be publicly audited by all and sundry. By incorporating DAO, BIB Meta is able to attain further achievements in decentralization for a greater good of the global financial environment.
The World’s First Web3 Ecosystem Derived from Token of a Centralized Platform
BIB Meta aspires and always works on becoming the place where users can set on their journey of Web3. The mutual empowerment between BIB Exchange and BIB Meta acts as the competitive advantage in this cut-throat environment.
The $BIB is being utilized as a native token of the BIB exchange which provides various advantages to users including trading fee discounts, IEO whitelists and tokenized dividends. BIB Exchanges is integrated into the BIB Meta through the variety of projects like community nodes, NFT, GameFi, etc.
BIB Meta NFT
The BIB Meta NFTs include a series of crafted trading cards that feature 160 picked football stars from Qatar World Cup 2022. Each player has its own grade under S/A/B/C tiers based on the real rating of the player and the availability of the card. Each football star has 150 pieces of 1-star trading cards made available for sale, and there are an additional 10 pieces of S-tier 3-star cards available for auction. BIB Meta also includes the fusion options where players will be able to combine their trading cards to receive a higher-tier piece in exchange.
Being distinctive from the other NFT projects, BIB Meta NFT is the world’s first NFT which its value is profoundly correlated with platform token. Concurrently, BIB Meta NFT is not limited to be used only in staking for BIB tokens but also creating community nodes.
BIB Meta Community Nodes
The BIB Meta team believes that the core essence of the human economy is fundamentally based on finance. With continuous exploration of blockchain technology, the trust mechanism can now be completely established on the basis of mathematical logic. Attributable to DAO, decentralization is further realized through blockchain protocol and point-to-point value connection to achieve free and efficient value flow.
Although there is still a long way to the implementation of the real DAO, BIB Meta is willing to break the ground by working on community nodes. The community nodes of BIB Meta are the early prototype of the BIB Meta DAO system, which will pave the way for the growth of DAO from the early stage by fully taking in global users and introducing concepts of DAO and decentralization to the public.
How to become a community node operator of BIB Meta?
Almost every user who is willing to join the community, node operators can do so by staking NFT. The community nodes are categorized into two types: ordinary and super nodes that open up more possibilities for operators.
Ordinary Community Node
The creation of an ordinary node can be done through staking a 3- or 4-star trading card and delegate a certain amount of BIB tokens as initial capital of the node. In which, successful creation of an ordinary node grants the owner an NFT credential that allows adjustments to the initial capital amount. Not to mention, an ordinary node can be delegated to a super node as a whole to receive BIB Meta dividends.
Super Community Node
With Top 30 of total delegation from users and other community nodes, a node will be automatically upgraded to become a super node where each of the super nodes enjoys the privilege of receiving delegations from 10 ordinary nodes at most.
In BIB Meta, super node is a highest tier of the ecosystem which provides numerous benefits for operators:
1. BIB token received via NFT staking
2. Profits from delegations of initial capital
3. Dividends for node owners
4. Dividends from node credential
The Earliest super node owners will be entitled to additional adopter bonuses
How to become an early bird of community node operator?
On account of the difficulty with regards to fusions of 3- and 4-star NFTs, community nodes can be created in advance by obtaining a S-tier 3-star NFT from auction. By becoming a node owner prior to others, the golden opportunity of receiving more delegations can be seized for the higher possibility of becoming a super node. At the same time, users may also take note regarding the presale of whitelist and obtain BIB Meta NFTs at half price to kick off the journey with ultimate advantages.
Embarking with DAO, BIB Meta community nodes will dedicatedly contribute to the coin voting, construction of ecosystem, and step-by-step build of MetaFi into a wholesome ecosystem through various dimensions such as DeFi, GameFi, etc. in the near future.