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Everyworld

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Discover Everyworld's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Everyworld?

Everyworld (EVERY) is a utility token that rewards users for engaging with video advertising on platforms like Discord. It is part of the Everyworld platform, which aims to transform the advertising industry by making it more engaging and rewarding for consumers. The token also supports charitable giving, allowing users to direct funds towards good causes.

How is Everyworld used?

The crypto Everyworld (EVERY) is used as a utility token within the Everyworld platform. It operates as a rewarded ads protocol built on blockchain technology, allowing users to watch video ads or play games and receive rewards in the form of points. These points can be converted into EVERY tokens in the future. The token is designed to incentivize user engagement and reward them for their participation in the platform. Additionally, the token supports charitable giving, with a portion of the tokens used to support environmental conservation organizations.

How do I store Everyworld?

To store Everyworld (EVERY) tokens, you have several options:

  1. Custodial Wallet: You can store your EVERY tokens in a custodial wallet provided by a crypto exchange. This is a convenient option, but it carries a security risk since the exchange holds your crypto. Follow these steps:

    • Research and choose a crypto exchange that supports EVERY tokens.
    • Open an account with the exchange and complete the know-your-customer (KYC) requirements.
    • Deposit your EVERY tokens into the exchange's wallet.
  2. Hot Wallet: You can use a hot wallet, which is an online application that allows quick access to your crypto assets. Here's how:

    • Set up a hot wallet account, which usually takes 10-15 minutes.
    • Complete the KYC process if required.
    • Deposit your EVERY tokens into the hot wallet.
  3. Cold Wallet: For higher security, use a cold wallet, which is a hardware device that stores your crypto offline. Follow these steps:

  • Purchase a cold wallet device.
  • Set up the device according to the manufacturer's instructions.
  • Transfer your EVERY tokens to the cold wallet.
  1. Paper Wallet: You can also use a paper wallet, which is a low-tech offline storage method. Here's how:
    • Access a malware-free computer and visit a paper wallet generator site.
    • Generate the necessary credentials (private and public keys).
    • Print out the paper wallet and store it securely.
    • Send your EVERY tokens to the paper wallet address.

Remember to always keep your recovery phrases and private keys safe and secure to prevent loss of access to your crypto assets.

How to buy Everyworld?

To buy Everyworld (EVERY) tokens, follow these steps:

  1. Choose an Exchange: Select a reputable cryptocurrency exchange that supports Everyworld trading. Popular options include Bybit and gate.io. Ensure the exchange accepts customers from your country and offers the necessary trading features.

  2. Create an Account: Register a free account on the chosen exchange by providing required personal information, including your name and email address. You may need to complete Know-Your-Customer (KYC) verification to increase withdrawal limits and unlock additional features.

  3. Fund Your Account: Deposit funds into your exchange account using a payment method accepted by the exchange, such as credit/debit cards, bank transfers, or peer-to-peer trading.

  1. Place a Buy Order: Navigate to the Buy & Sell section, select Everyworld (EVERY) as the cryptocurrency you want to buy, and choose your preferred order type (market, stop, limit, or others). You can purchase a fraction of a token if needed.

  2. Transfer to Your Wallet: Once the purchase is complete, you can hold the tokens in your exchange account or transfer them to a personal cryptocurrency wallet for additional security and passive revenue opportunities.

Remember to research the exchange, compare fees, and understand the risks associated with buying and trading Everyworld tokens before making a purchase.

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History of Everyworld

Everyworld (EVERY) is a cryptocurrency project that operates as a rewarded ads protocol built on blockchain technology. It allows users to earn rewards by watching video ads or playing games, with the goal of replacing traditional platforms such as TV shows and social networks. The project is integrated on Discord and rewards users with points that can be converted into EVERY tokens in the future.

Everyworld is designed to operate on a dual incentivization mechanism, where users are motivated to participate not only for personal benefits but also to contribute meaningfully to the community. The platform empowers users by providing rewards in crypto assets, making passive ad consumption more realistic and potentially profitable. Content creators and advertisers also benefit from user engagement, resulting in higher revenue from advertisements.

One of the unique aspects of Everyworld is its focus on environmental protection. The project allocates 40% of the tokens paid in each prize draw to support environmental conservation organizations around the world, selected through a decentralized voting system. This commitment to environmental protection sets Everyworld apart from other crypto projects.

The project leverages Web3 and blockchain technology to ensure transparency, security, and fairness in its operating process. It is not limited to blockchain games but can also incorporate video promotional assets for indie games across various genres. The future token rewards are designed to benefit both users and projects on Everyworld, making it easier for users to earn rewards and for the project to reach a large number of users globally.

Everyworld is developed by the team behind Everyrealm, a Web3 platform that creates video games and gamified worlds for content creators and gamers. The project is currently in early access, with a long-term plan for decentralization, where participants will receive rewards from their own interactions and contribute to building the network.

Overall, Everyworld is a pioneering project in the field of rewarded ads, offering a unique combination of blockchain technology, user empowerment, and environmental responsibility.

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How Everyworld works

Everyworld is a Web3 platform that empowers users by providing rewards for engaging with online content, particularly video ads. It operates on blockchain technology and is powered by the $EVERY token. Here's a detailed overview of how it works:

User Engagement and Rewards

Everyworld is designed to change the way users interact with online advertising. Instead of simply watching ads, users can earn rewards for their engagement. The platform is integrated with Discord, a popular online communication platform, and rewards users for watching video content, playing games, and referring friends. The more points users earn, the higher they climb on the leaderboard, increasing their chances of winning the jackpot prize.

Dual-Incentive Mechanism

Everyworld's operating model is based on a dual-incentive mechanism. This means that users are motivated not only by personal gain but also by the desire to contribute meaningfully to the community. When users earn points, they are entered into weekly drawings. The winners receive 40-45% of the tokens, while the other 40-45% goes to support environmental conservation efforts. The remaining tokens are either burned or distributed to other players in the Referral Tree.

Environmental Conservation

Everyworld is committed to addressing global environmental challenges. The platform donates a significant portion of its token payouts to environmental conservation initiatives. This approach ensures that user engagement not only benefits the users themselves but also contributes to a positive impact on the planet.

Web3 Technology

Everyworld leverages the power of Web3 and blockchain technology to ensure transparency, security, and fairness in its operations. This technology allows for a decentralized and transparent system, ensuring that all transactions and rewards are secure and trustworthy.

Tokenomics

The $EVERY token is the native cryptocurrency of the Everyworld platform. It is used to reward users for their engagement and to support charitable giving. The tokenomics of $EVERY are designed to provide a fair and sustainable system for both users and the environment.

Partners and Investors

Everyworld has received significant backing from major players in the crypto world, including Coinbase, Andreessen Horowitz (a16z), and Hashed. This support suggests that Everyworld has the potential to be a significant player in the future of digital advertising and cryptocurrency.

Future Plans

Everyworld is currently in early access, with plans to expand its network of game users and advertisers globally. The platform aims to decentralize its operations, allowing participants to receive rewards from their own interactions and contributing to the network's growth.

In summary, Everyworld is a pioneering project that rewards users for engaging with online content while supporting environmental conservation efforts. Its innovative approach, backed by major investors, has the potential to revolutionize the digital advertising industry and provide a fairer and more sustainable future for digital engagement.

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Everyworld's strengths

The token Everyworld (EVERY) has several strengths that contribute to its potential success:

  1. Dual Incentive Mechanism: The token operates on a dual incentivization mechanism, rewarding users for watching video ads and supporting charitable giving, which aligns user interests with community benefits.

  2. Web3 Technology: Built on the Ethereum blockchain network (ERC-20) and Base, an Ethereum Layer 2 network, Everyworld leverages blockchain technology for transparency, security, and fairness in its operations.

  3. Gamification and Engagement: By incorporating gamification elements, Everyworld makes passive ad consumption more engaging and potentially profitable for users, which can lead to higher user retention and participation.

  1. Environmental Focus: Everyworld prioritizes environmental protection, with 40% of tokens paid in each prize draw going towards supporting environmental conservation organizations, fostering a sense of social responsibility among users.

  2. Strong Community: The project's focus on building a strong community, which is critical for the success of a crypto project, can provide a buffer against market volatility and regulatory challenges.

  3. Partnerships and Funding: Everyworld has received significant venture capital investment from prominent firms like Andreessen Horowitz (a16z), Coinbase Ventures, Hashed, Animoca, and Dragonfly, indicating confidence in its concept and potential.

  1. Scalability and Expansion: The platform's design allows for expansion into various product categories beyond video games, providing opportunities for growth and diversification.

These strengths collectively position Everyworld as a pioneering project in the rewarded ads space, with a unique blend of gamification, social responsibility, and community engagement.

Everyworld's risks

Everyworld (EVERY) is a cryptocurrency project that, like any other financial entity, is exposed to various financial risks. These risks can be categorized into several key areas:

Market Risk

Market risk for EVERY arises from changes in market conditions that can impact the value of the cryptocurrency. This includes fluctuations in market interest rates, changes in market sentiment, and shifts in the competitive landscape. For instance, if a new cryptocurrency emerges with superior features, it could potentially draw investors away from EVERY, leading to a decline in its value.

Credit Risk

Credit risk for EVERY is associated with the possibility that borrowers or counterparties may default on their financial obligations. This could occur if investors or users of the cryptocurrency fail to meet their debt obligations or if other financial institutions involved in the ecosystem experience financial difficulties.

Liquidity Risk

Liquidity risk is a significant concern for EVERY, as it refers to the ability to convert assets into cash quickly and efficiently. If the market for EVERY becomes illiquid, it could lead to significant losses for investors who are unable to sell their assets at a fair price. This risk is particularly relevant for cryptocurrencies, which often have limited liquidity compared to traditional assets.

Operational Risk

Operational risk for EVERY encompasses the risks associated with the day-to-day operations of the project. This includes the potential for technical failures, security breaches, or poor management decisions that could negatively impact the project's financial performance.

Legal and Regulatory Risks

EVERY is also exposed to legal and regulatory risks, which arise from changes in government policies, laws, or regulations that could impact the project's operations. For example, if governments impose stricter regulations on cryptocurrencies, it could increase the project's operational costs or limit its ability to operate in certain jurisdictions.

Systemic Risk

Finally, EVERY is also vulnerable to systemic risk, which refers to the potential for a broader financial crisis to impact the project's value and stability. This could occur if there is a global economic downturn, a collapse of the cryptocurrency market, or a loss of confidence in the financial system as a whole.

By understanding these financial risks, investors and stakeholders can better assess the potential challenges facing EVERY and make more informed decisions about their involvement with the project.

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Did Everyworld raise funds?

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Everyworld's ecosystem

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Everyworld’s team

  • Chief Development Officer: TJ Kawamura.

Whalee AI

The fundamental analysis assistant for crypto value investors.

Everyworld NEWS REPORT

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