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Altcoin Review

What Is SuperVerse (SUPER)? All You Need To Know

Author

Rickie Sanchez

Tags

Tags Editor's Choice / Slider Posts

Reading time

3 mins
Last update

Author

Rickie Sanchez

Tags

Editor's Choice / Slider Posts

Category

Altcoin Review

Reading time

3 mins
Last update

Author

Rickie Sanchez

Tags

Editor's Choice, Slider Posts

Reading time

3 mins
Last update


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Key Takeaways

  • SuperVerse (SUPER), formerly SuperFarm, is a platform that builds and delivers Web3 products, including an NFT marketplace and video games.
  • It aims to empower crypto natives with next-generation NFT functionality and onboard Web2 users through immersive blockchain gaming experiences.
  • SuperVerse strives to make Web3 and its technology accessible and appealing to a wider audience, including those unfamiliar with cryptocurrencies. They aim to achieve this through user-friendly tools, fun games, and a strong community focus.

What Is SuperVerse (SUPER)?

With many products already running, taking steps in the Web3 space can be difficult. SuperVerse (SUPER) aims to address this issue by establishing a single, easily recognized entity capable of overseeing various designs. Its primary objective is accelerating global crypto adoption by building and delivering Web3 products.

As the prototype of SuperVerse, a cross-chain NFT gaming platform called SuperFarm was introduced in 2021. It focused on staking cryptocurrency and farming NFTs to generate digital assets. Because the project had expanded, SuperFarm rebranded as SuperVerse in 2023.

How Does SuperVerse (SUPER) Work?

NFT Marketplace (GigaMart)

This marketplace allows users to buy, sell, and create NFTs. It offers tools like analytics dashboards and an Ethereum block explorer to aid users. Additionally, GigaMart functions as a community for NFT enthusiasts.

Blockchain Gaming

SuperVerse aims to be a hub for blockchain-based games (Web3 games), uniting players and developers interested in this gaming space. They even have their social deduction game, Impostors, where players can own in-game assets as NFTs and earn rewards.

SuperVerse (SUPER) Token And Tokenomics

Tokenomics

The SUPER token is the native cryptocurrency of SuperVerse. It is used for:

  • Utility
  • Governance
  • Reward community members

Token Details

Total Supply 1,000,000,000 SUPER

Circulating Supply 487,776,093 SUPER

Current Price $1.39

Market Capitalization $677,417,495

This information is current as of March 29th, 2024, and the token’s price, market value, and available supply may fluctuate.

Distribution

  • Staking (25%)
  • Founders and Advisors (10%)
  • Development (10%)
  • Ecosystem (9%)
  • NFT Drops (5%)
  • Seed (5%)
  • Liquidity (1%)
  • IDO (1%)
  • P1-3: (35% vested)

Where Can I Buy SuperVerse (SUPER)?

Binance Binance is a major exchange offering a wide range of cryptocurrencies. It offers multiple ways to buy crypto, including credit cards, debit cards, and peer-to-peer (P2P) trading.

Bitget – This exchange allows you to buy cryptocurrencies with fiat currency or trade them for other crypto assets. It also offers various trading features and functionalities.

Coinbase Coinbase is an American-based cryptocurrency exchange that allows you to buy cryptocurrencies using various payment methods, including bank transfers, debit cards, and wire transfers.

Is SuperVerse (SUPER) A Good Investment?

Pros

  • Growing DeFi Sector – The Decentralized Finance (DeFi) sector is growing rapidly, and SuperVerse aims to capture a share of this market.
  • Strong Community – SuperVerse has a passionate community of supporters in various social media channels.

Cons

  • Competition – The DeFi space is crowded, and SuperVerse faces competition from established players.
  • Unproven Technology – SuperVerse is a relatively new project, and its technology is still unproven.

Final Thoughts

While SuperVerse has a clear vision and operates in a rapidly growing market (DeFi), it’s important to consider the competition and the fact that the technology is still developing. Whether to invest in this project depends on your risk tolerance and investment goals.