Moon Rabbit NFT Marketplace Launch

Published on: 30.10.2021

Moon Rabbit Main-Net has successfully, without any downtime or crashes, generated over 1.1m blocks and launched Multi-Tiered Delegated Proof of Stake Temples, offering its users and stakeholders instant execution of transfers and processes thousands of times cheaper than Ethereum Main-Net and any of its Layer-2 scaling solutions such as Polygon or Arbitrum, while offering Layer-0 and Layer-1 security, its core development efforts have focused on the roll-out of the Ethereum Virtual Machine (EVM) Jurisdiction that brings full compatibility with Ethereum-based smart contracts, dApps and wider infrastructure, while offering gasless (free) transactions for most of the popular interactions within the system.

Within the EVM Jurisdiction, the primary digital unit (cryptocurrency) of the network is $AAA, and its functions and roles correspond to those of ETH in Ethereum Main-Net. AAA on the EVM Jurisdiction will be swapped at a 1:1 rate with $AAA on Moon Rabbit Main-Net and Ethereum Main-Net through dedicated Portals (digital bridges transferring tokens and data between different chains within Moon Rabbit ecosystem). EVM Jurisdiction has both the Main-Net and Test-Net. Developers can request free test $AAA for building and testing purposes. They also offer AAA bounties for any dApps launched, built or ported on Moon Rabbit EVM Main-Net.

Moon Rabbit EVM Jurisdiction Will Initially Focus On:

  • Multiple Wallets – Any EVM compatible wallet, such as Metamask, should already be able to connect to the Moon Rabbit EVM Jurisdiction to interact with the network, store tokens and NFTs and perform other functions that MetaMask is capable of
  • Explorer – an upcoming explorer will permit full overview of the EVM network activities
  • NFT – a permissionless and trustless protocol suite of NFT management will be launched by the end of October 2021, alongside the first NFT collection offered exclusively to the AAA community.
  • DEX – a permissionless and trustless protocol suite for decentralised swapping of tokens is in the process of development by multiple teams. While exact timelines depend on community-driven initiatives, it is expected that at least one DEX will become fully operational on Moon Rabbit EVM within Q4.
  • DeFi – a permissionless and trustless protocol suite for decentralised finance (DeFi) applications such as loans, insurance, crowdfunding, asset management, derivatives is currently under development.
  • DAO – a permissionless and trustless software suite for designing, launching and managing decentralised autonomous organisations (DAOs) for any purpose.

Moon Rabbit EVM Jurisdiction offers significantly a more affordable and scalable alternative to Ethereum, without excessive gas fees, transaction bottlenecks or environmental footprint, while benefitting from the underpinning security of Mount Olympus, Moon Rabbit’s substrate-based Metachain that connects different Jurisdictions and external blockchains together.

ABOUT Moon Rabbit
Moon Rabbit has built a Substrate-based Layer0 and Layer1 infrastructure to enable any projects in the world to launch their own Jurisdiction (blockchain or crypto, be it general purpose, DeFi, NFT, eSports or anything else).

RESOURCES
Moon Rabbit Blog

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