Today, let's talk about why ACE is defined as an underrated new faucet:
What has been the hottest in the past two years? It is undoubtedly AI, in terms of blockchain and crypto markets, the narrative of AI and chain games must be combined, so chain games must be a hot track.
ACE is one of the projects incubated by BinanceLabs, and Binance has frequently launched projects related to blockchain games, which is a bellwether in itself. As a project empowered by Binance, there is no doubt that they are all high-quality projects.
Since the launch of Endurance in January 2023, ACE has amassed more than 1.86 million coin holding wallets and achieved more than 100 million transactions. Moreover, it is a centralized user engagement reward system that has managed to acquire more than 130,000 high-quality web3 users. Active users are the potential for the project to continue to grow.
is a metaverse game platform and development platform built on Unreal Engine 5, introducing Metasevers technology. The project announced on its official ** that it has cooperated with more than 100 strategic partners, spanning investment institutions, ** platforms, game developers, NFT markets and other fields. This showcases the strong capabilities of the Alterverse team in marketing and promotion, as well as the extensive network of resources within the industry.
Well-established ecosystem:
In-game spending earned: Used to purchase in-game items, match tickets, win rewards, etc. Not just limited to the flagship Fusionist games, but also upcoming games developed by the FusionST team and partners.
Ecosystem Participation: Users can use ACE tokens to purchase goods and services (social products, domains, etc.) across the Endurance ecosystem.
Staking and Governance: ACE token holders can stake their tokens to secure the network, while also participating in network governance decisions.
Endurance Blockchain Fuel: Serves as fuel for all transactions on the Endurance blockchain.
Through the above, it is not difficult to see the advantages of ace in the blockchain game, whether it is users, institutional endorsement, or even cooperation activities in marketing and promotion, and for us as secondary participants, no matter how much everything is not as good as the promotion of the project party, and the large number of active users on the project is also the basis for the sustainable development of the project, but the root of everything is based on ace's good ecosystem.
Let's take a look at the data for ace:
Ranked 102nd among all active cryptocurrencies listed on CoinMarketCap.
Circulating Supply: 1495%
The total amount of ACE tokens is 1400 million, which is the main token and native asset of the Endurance network, and the main use cases of the token are:
gas fee.
NFT Marketplace Transaction and Service Fees.
The application token of the team independently developing apps.
Stake at validator nodes on the Endurance network.
**The distribution ratio of tokens in the group is as follows, and the team and investors will allocate about 40% of the total tokens; The current circulating supply is 21,969,520 tokens, and 10,290,00 tokens are distributed by the Binance Launch Pool.
ACE tokens are mainly distributed on the BSC chain and the Endurance mainnet, and the number of trackable tokens in BSCscan is currently 10,971,626, of which Binance addresses account for about 90%, and the second largest address 0x880 holds about 62% tokens.
Token distribution, coupled with the address of the token holding and the initial circulation, we can intuitively see that the current large number of chips are concentrated, and the team and nodes are still staking, for the currency with small circulation and concentrated currency holding, there is no doubt that it has a natural advantage in market making.
Recently, the expected positive news of the endurance upgrade has also been tweeted
This upgrade
Transform Endurance into a platform that not only meets the needs of today's developers, but is robust enough to support innovation in the next decade. It's about going beyond the limitations of a single dapp gamefi ecosystem to foster a vibrant community where the technical prowess can cater to different developer needs.
endurance 2.0 provides insight into Ethereum's future diversification process:
1.Aim for the ideal customer diversity, which is what Ethereum aspires to – a parallel universe where neither GETH nor any other customer dominates!
2.Having a majority of validators (over 66%) enables centralized control. This is a temporary measure of cyber protection against dishonest entities. Our goal is to reduce our share to less than 33% in 1-2 years.
3.Long-term incentives. Staking rewards to promote diversity for all stakers.
Since there are expectations, endorsements, and benefits, then such a project, we need to continue to pay attention to make a transaction plan.
Summary
Fusionist's fundamentals are performing well, mainly supported by Binance Labs, the core team comes from traditional game companies such as Tencent.
The project is positioned as a blockchain AAA game, using the model of application chain and platform currency. With close cooperation with Korean game manufacturers and platforms, the entire game ecosystem is still in its early stages, so it has the prospect of stable development.
2. The holding structure of ACE tokens is relatively concentrated, and most of the tokens are concentrated in the hands of projects and investors.
In the total ** volume, the liquidity held by early equity investors is not large. Binance addresses account for up to 90% of BSC's traceable addresses, constituting the main part of the potential selling pressure**.
3.Combined with the hype expectation of the mainnet launch in March, it is necessary to continue to pay attention to it in the near future and execute it according to the trading plan.