SAN JUAN, Puerto Rico, Jan. 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — BOTS, Inc. (OTC: BTZI) (“BOTS” or “The Company”), a global technology conglomerate specializing in blockchain-based solutions, including decentralized finance (DeFi) applications, cybersecurity, cryptocurrency, mining equipment repair, extended warranty contracts, and its upcoming owner Vegas.MV Metaverse, today announces that cryptocurrency exchange SFOR.TRADE has reserved digital land in its upcoming Metaverse on the Las Vegas theme to launch its virtual trading room on www.Vegas.mv website, owned by Metaverse Inc, a wholly owned subsidiary of BTZI.
Cybersecurity Group (CSG), an ISO 27001 certified information security management company, created the SFOR.TRADE cryptocurrency trading exchange with a focus on cybersecurity. SFOR.TRADE plans to launch a virtual trading room on the upcoming BOTS Metaverse to promote its cybersecurity-focused crypto exchange, host trading competitions, crypto trading educational events, and raise awareness of its offerings within the community. crypto. SFOR will also allow trading of popular Metaverse cryptocurrencies.
A recent article, published by Benzinga: BEST METAVERSE CRYPTOCURRENCIES, describes Metaverse and Metaverse cryptocurrencies: The announcement by Meta Platforms Inc. that it is changing the name of Facebook to Meta and building a version of a Metaverse has catapulted from many Metaverse cryptocurrencies to new all-time highs. Some people, especially those with an interest in gaming and crypto, are thrilled that virtual worlds are becoming more and more complex and engaging. Others worry that this trend is leading to a dystopian world where no one leaves virtual space to live their real life. What is the Metaverse? The term Metaverse was coined in 1992 by Neal Stephenson in his science fiction book “Snow Crash”. However, Stephenson did not invent the concept of virtual reality (VR). The earlier monoliths of science fiction writing did. Aldous Huxley included an early version of virtual reality in his novel, “Brave New World”, published in 1932. He described an addictive new technology that would overwhelm the senses with a virtual experience, warning us of the dangers of escapism. No one knew that some version of his idea would eventually become a reality. The metaverse is the sum of all virtual worlds, augmented realities and the internet. Many people already spend a lot of time on the internet, and companies are competing for your attention. Social media will occupy an important place in human life in 2021. Facebook, Snapchat, Instagram and YouTube have learned how to attract and hold attention for as long as possible. VR headsets seem to be the next evolution. People are already playing many fun and innovative VR games and experiences, even though the technology is still in its infancy.
A few cryptocurrency-based projects want to build entire worlds where people socialize, play games, earn money, and do pretty much whatever their heart desires. Projects like Decentraland and The Sandbox have built huge worlds and entire economies. Both aim to relinquish control of the project and hand it over to the users. The Sandbox is not yet fully decentralized, but it plans to do so in the coming year. Decentraland: Decentraland is an entire virtual world owned and built by its users. MANA is an ERC-20 token on Ethereum and is the native cryptocurrency of the gaming ecosystem. It has a variety of use cases, including as a currency to purchase items and land in-game in the marketplace. Decentraland also has a Decentralized Autonomous Organization (DAO) that makes important decisions regarding the game and the ecosystem as a whole. MANA holders and LANDowners both vote in the DAO.
The Sandbox: The Sandbox is a virtual world like Decentraland but with a greater focus on user creations. The developers have released 3D editing software to make it easier to build items and games in The Sandbox. SAND is also an ERC-20 token and works similarly to MANA, with a few differences. You can purchase items, plots of land, tickets to virtual events, and more in The Sandbox game. The Sandbox also plans to create a DAO to make decisions for the game, but that hasn’t materialized yet.
Star Atlas: Star Atlas will be a stunning VR strategy game set in the future, reminiscent of Second Life. Unlike Decentraland and The Sandbox, the main game is not yet playable. The in-game economy will flow from the ATLAS token on Solana. When the game is released, you can earn ATLAS by collecting and selling resources and other items. It will also be used to purchase most items like spaceships and plots of land. A different token, POLIS, will serve as the governance token for the ecosystem.
Bloktopia: Bloktopia will be a cyberpunk-inspired virtual reality game with a complex game economy running on the BLOK token. It will take place in a massive 21-story neon-covered digital skyscraper, paying homage to Bitcoin’s 21 million maximum token offering.
Some of the SFOR. TRADE security features include:
• 2FA authentication
• No phone/SMS account recovery
• Email with 2FA confirmations for withdrawals with self-service account lockout
• 24/7 live chat and high priority email support for urgent issues
• Granular and customizable API key permissions with range limits
• PGP signed and encrypted email for secure communication
• SSL encryption to protect you when browsing SFOR.TRADE
• Constant real-time activity monitoring
• Zero settlement risk, no chargeback fraud when trading cryptocurrencies
• Sensitive data is fully encrypted at rest and in transit
• 98% of assets securely stored in dedicated multi-signature cold wallets
• Enterprise grade encryption systems when storing all personal and financial data
• Financial stability with full reserves
• High standards of legal compliance
SFOR.TRADE is a cryptocurrency exchange that believes in security first and offers an intuitive experience right from the start with an easy-to-use trading terminal designed for beginners and seasoned traders alike. We offer order books with industry-leading liquidity, allowing users to easily trade assets with minimal slippage and unprecedented speed in matching trades. Our top priority is to protect customer funds and privacy with the best security in the business.
For more information visit: www.sfor.trade
About BOTS, Inc.
BOTS, Inc. is a global technology company specializing in Blockchain-based solutions, including decentralized finance (DEFI) applications, cybersecurity solutions, and owns a portfolio of digital assets and crypto-related businesses such as BeadSwap, a decentralized crypto exchange, Bitcoin ATM transaction patents and partnership with Cyber Security Group LLC, an ISO/IEC 27001:2013 Information Security Management System certified company. The company also provides consulting, optimization and repair services for crypto mining equipment and extended warranty contracts for miners. TekX Mining and Gaming PC Solutions, LLC, a subsidiary of Bots, Inc, is a Bitmain Certified Technician Training and Certified Repair Center for Bitmain miners.
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Certain statements contained in this press release may constitute “forward-looking statements”. Forward-looking statements provide current expectations of future events based on certain assumptions and include any information that is not directly related to historical or current fact. Actual results may differ materially from those indicated by these forward-looking statements due to various important factors that may be disclosed in the Company’s filings. In addition to these factors, actual future performance, results and results may differ materially due to broader factors, including (without limitation) general industry and market conditions and growth rates, economic conditions and changes in government and public policy. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release, and those views are subject to change.
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Source: BOTS, Inc.