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Project White Paper

Originally Published: November 26, 2021 Keywords Elysian Fields Metaverse  Empyrean Source Industries (ESI)  Non-Fungible Token (NFT)  Blockchain Decentralized…
February 23, 2022
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A metaverse is a network of 3D virtual worlds focused on social connection. In futurism and science fiction, the term is often described as a hypothetical iteration of the Internet as a single, universal virtual world that is facilitated by the use of virtual and augmented reality headsets. In recent years with the ever increasing improving ai, blockchain, and internet services the Metaverse is within reach if it is wanted by the people.
A metaverse is a network of 3D virtual worlds focused on social…
Collectibles are going digital, using a technology called non-fungible tokens (NFTs). These are digital assets — they can take forms such as photographs, music or video clips. Although people may be able to copy an item, ownership of the original is encrypted and cannot be changed unless it is sold and the property is officially transferred to a new owner. Websites such as OpenSea and Rarible act as marketplaces and list the prices — think of them as like Etsy or eBay but for digital assets. Ownership of an NFT is secured by the same type of encryption technology as cryptocurrency, with a record stored on the digital ledger known as the blockchain.
Collectibles are going digital, using a technology called non-fungible…
What Was the Decentralized Autonomous Organization (DAO)?
What Was the Decentralized Autonomous Organization (DAO)?
What is an NFT?
What is an NFT?
Empyrean Source Industries is developing in the web3 space specializing in blockchain, metaverse, and nft. We are developing the Elysian Fields Metaverse as the main application inside the Ecosystem. Elysian Fields Realms will be a 3D blockchain-based metaverse built on Ethereum that allows players to buy plots of land and explore the virtual universe.
Empyrean Source Industries is developing in the web3 space specializing…
Crypto mining: the competitive process that verifies and adds new transactions to the blockchain for a cryptocurrency that uses the proof-of-work (PoW) method. The miner that wins the competition is rewarded with some amount of the currency and/or transaction fees. Following are the ways mining is performed.
Crypto mining: the competitive process that verifies and adds new…
What Is a Blockchain?
What Is a Blockchain?
What Is Bitcoin?
What Is Bitcoin?
Ethereum 2.0, also known as Serenity or ETH 2.0, is an upgrade to Ethereum on a number of levels. Its primary objective is to increase Ethereum's capacity for transactions, reduce fees and make the network more sustainable. To accomplish this, Ethereum will change its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS).
Ethereum 2.0, also known as Serenity or ETH 2.0, is an upgrade to…
Metaverse is a new frontier for the internet, blockchain, NFTs and gaming. We are building an ecosystem to support our thriving community. The Elysian Fields is a Metaverse created by ESI, can be used for like minded individuals to unite, trade NFTs and share content via blockchain technology, and design their own experience. The EF DAO is formed by a collective of artists and initiatives utilizing a blockchain highway of trustless systems designed to maximize potential. This association is able to forge new pathways for commerce and conscious interaction in the Metaverse. #nft #metaverse #dao #blockchain
Metaverse is a new frontier for the internet, blockchain, NFTs and…
NFTs are a new class of digital assets. Learn more at EmpyreanSource.io - A non-fungible token is a unique and non-interchangeable unit of data stored on a digital ledger. NFTs can be used to represent easily-reproducible items such as photos, videos, audio, and other types of digital files as unique items, and use blockchain technology to establish a verified and public proof of ownership. #nft #metaverse #empyreansource #elysianfields
NFTs are a new class of digital assets. Learn more at EmpyreanSource.io…
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Amongst cryptocurrencies, Ether is second only to Bitcoin in market capitalization. Learn more at EmpyreanSource.io - #nft #metaverse #empyreansource #elysianfields
Ethereum is a decentralized, open-source blockchain with smart contract…