Last June 8, 9:00AM EST, one of our partners, OneLedger, held a community AMA in the World Official Telegram group, giving the community a better understanding of their project’s vision.
Oneledger is a blockchain as a Service (Baas) options supplier founded by Forbes executive members, backed by IBM and Google, positioning itself as a nexus for blockchain development and aims for easy and broad blockchain adoption.
We are already listed on KuCoin, Bibox, AscendEX (Bitmax), and CoinEx Not to mention that since 2018, they have launched the test net and mainnet already, including a digital identity vault for health care(One Pass) health passport, virtual machine, OneVault, Explorer, etc.
What is the OneLedger chain and what makes it unique?
OneLedger’s Testnet Chronos and mainnet Kratos are more stable, faster, and cheaper than Ethereum but also interoperable with ETH, less gas fee and Faster transaction.
We are focusing on building bridges with other chains to solve the Incompatibility issue of ETH.
$OLT has several values1
- Currently, we offer 15–25% APY instant staking rewards with no lockup on one wallet
- Users use OLT for payment of network fee to use any service on the platform.
- Network supporters (nodes) receive OLT as a network fee.
- Developers need OLT to deploy their application on the OneLedger platform.
What’s the goal for OneLedger?
Small business owners to enterprises, OneLedger’s mission is to simplify businesses’ adoption of blockchain technology and its integration into their specific business applications and products.Through OneLedger, both businesses and individuals can leverage the platform to create both public and private ledger with their own uniquely identified network consensus. And also interoperable with other chains to facilitate the removal of barriers between businesses across countries at the same time.
How does World fit into this vision?
We have built a OneLedger Virtual Machine called OLVM to execute the same bytecode as in the ethereum blockchain network but on the OneLedger protocol side.
The protocol will support smart contracts such as NFTs (ERC-721, ERC-1155), ERC-20, DEFI, OpenSea exchange contract or fully customized smart contracts.
It’s a cheap gas for the execution of the transactions; and superb speed of transactions.
Alongside OneLedger’s vision as a shortcut for Blockchain development and easy adoption, having more people create NTFs on our protocol is a must to increase the number of our protocol adoptions.
The world will be deploying its marketplace, farming, and token contracts on OneLedger in the future to enable support for the chain. This would make World the first frictionless yield marketplace on the OneLedger blockchain, allowing for merchants and consumers to conduct e-commerce on a secure and convenient platform.
What’s coming in the near future?
Near further actually in June, we have a new exchange listing, which is one of the top 10 exchanges, that we are really excited about other than that we are also looking to launch its own Dex project, which Interoperable with any chains such as BSC, ETH, POLKADOT, MATIC, HECO, Sol etc, so soon we can interoperate with World to enable its marketplace on OneLedger.