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The Root Network (ROOT) Price

The Root Network#541
GameFi
Metaverse
Layer 1
00.00%USD
*Data is for reference only
Circulating Market Cap (USD)--
Total Market Cap (USD)--
Circulating Supply3.87B
Issue Date2023-11-21
24H Volume (USD)--
Total Supply12.00B

ROOT Info

1. Project introduction

The Root Network uses Substrate at its core. Substrate has two major advantages: a large, well-established developer community, and the technical capability to customize the chain runtime.

EVM runs within The Root Network protocol and is able to read Solidity smart contracts and execute them. This gives The Root Network developers access to smart contract functionality and also means that any code previously written for Ethereum can now run natively on The Root Network. The EVM development ecosystem provides the broadest possible support for smart contracts and DApps, as well as compatibility with existing collections and assets in the NFT ecosystem.

Its custom runtimes for Non-Fungible Assets, GAS Economy, Fungible Assets, Decentralized Exchange, Oracles and more, will provide the ingredients for creators to build applications and content without being a smart contract developer. They also provide a world-class onboarding experience.

2. Team introduction

Futureverse Team: https://www.linkedin.com/company/futureverseofficial/

3. Investment institution

Ripple Labs

4. Application and distribution

Token application:

ROOT is the network token used by node validators and delegators to secure the Proof of Stake network. Validators or delegators who stake ROOT will earn fees from various network activities to ensure there is sufficient incentive to operate a node and stake. The block rewards for staking will come in several forms.

ROOT is also the primary in-game token for the FLUF World game ecosystem and can be used for a range of things such as, but not limited to:

- Land reward mechanics

- Game rewards

- Stake to earn content

- Charging up in game items

- Breeding

- New content purchases

- Stake to play

FAQ

What time does ROOT open?
Unlike the traditional stock market, The Root Network (ROOT) does not have specific "opening" or "closing" times, as it operates on a decentralized network and trades 24/7 all year round.

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