Community Trust ScoreLikely Real
Thothus is a decentralized exchange and funding platform designed for the tokenized gaming industry. The platform can monetize game tokens by exchanging game tokens, staking game tokens, auctioning non-fungible tokens (NFTs), monetizing game experiences, and finding valuable information about games currently available in those games.
The Thoth protocol uses smart contracts to perform recommended actions using the superior Cardano blockchain.
Why does Thothus use Cardano?
The decentralization of the Cardano blockchain is expected to become a new trendsetter in the cryptocurrency standard.
EcoFriendly – Cardano has gained its popularity due to the fact that it is one of the least power-hungry blockchains that does not require PoW. This helps increase Thothus` efforts to maintain survivability, maximum efficiency, and resource requirements.
Technical Efficiency – Because no mining is required to validate transactions on the Cardano blockchain. As a result, it takes longer to process transactions and the network can process up to 2,500 transactions per second.
Products powered by Thothus
Thothus provides gaming and cryptocurrency-based token holders with a single platform for their diverse needs.
Metaverse swap
The Thothus platform allows gamers to exchange game tokens. Thothus allows users to buy and sell digital game assets with other players in an untrusted environment.
Metaverse farm
The Thothus protocol provides farming of game tokens by placing game tokens as collateral in smart contracts. The platform provides users with profitable agriculture, allowing them to earn dynamic APY based on the yield of each token.
Metaverse Marketplace
Thothus is a platform designed for gamers and collectors. On Thothus, gamers can sell their in-game NFTs with other users in a decentralized environment.
Metaverse library
The user’s consolidated knowledge creates a virtual library of useful material that benefits the entire community in the form of knowledge and rewards.
Metaverse ranking
The platform analyzes the games or metaverse rooms currently on the market and ranks each game according to the profitability of the game.
How to be a smart money maker in Thothus?
Users participating in the Metaverse library can monetize their game knowledge by providing paid content paid in tokens (TOT). Users can also make their donations and receive donations in tokens (TOT) from other users. The Thothus protocol awards a TOT (award) to users who participate in a metaverse farm when users explicitly subscribe to an available pool.
The Thothus website states that “The total supply of Thothus tokens is 95,000,000 ToT.”
Deploy multiple chains
Now, Tothus has focused on only one blockchain deployment. According to Totus, multi-chain deployments will only happen when step 4 is successfully completed. The first two steps are preparation, development, alpha testing, and bug finding. This is expected to be completed at the end of 2022. Next two phases: Testnet, beta release and final release. These two phases are expected to be completed by the end of 2023. Upon completion, multiple network deployments are expected to begin by 2024.
