Immersive technology pioneers, VRJAM announce the launch of their native DeFi platform 'VRJAM Dexchange', and the formation of the VRJAM DAO to help guide the development of VRJAM's tokens and web3 business strategy.

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Explanation of the Key Terms

NFTs

Non-Fungible Tokens (NFTs) are the enchanted scrolls of the digital realm, each one containing an entirely unique story, etched into the blockchain's indelible tapestry. These cryptographic treasures transcend the mundane, giving artists and creators the power to immortalize their visions in the digital ether. NFTs are more than just collectibles; they are the digital embodiment of authenticity and rarity, forever altering how we perceive, value, and exchange art, music, and even virtual real estate. In a world where boundaries blur and creativity knows no limits, NFTs stand as the heralds of a new era, where art becomes an experience, ownership a digital adventure, and culture an ever-evolving masterpiece.

DeFi

Decentralized Finance, or DeFi, is the financial revolution of the digital age, a grand symphony of blockchain technology and financial services that liberates individuals from the constraints of traditional banking. It's an ecosystem where anyone with an internet connection can access a world of financial opportunities, from lending and borrowing to trading and yield farming, without the need for intermediaries. DeFi projects, built on the principles of transparency and smart contracts, allow users to become their banks, and with decentralized exchanges and liquidity pools, they can seamlessly trade assets in a permissionless manner. DeFi isn't just a technological innovation; it's a democratization of finance, where financial services are accessible to all, fostering financial inclusion and reshaping the way we think about money and value in the digital era.

DAO

Decentralized Autonomous Organizations (DAOs) are the pioneers of a new era in governance and decision-making, where the traditional structures of centralization give way to transparent, community-driven systems. These digital entities operate on blockchain technology, utilizing smart contracts to codify rules and automate decision processes. DAOs are more than just organizational structures; they represent the democratization of power and resources, allowing participants to have a direct say in the governance of the protocols and platforms they engage with. DAOs offer a glimpse into a future where trust and accountability are embedded in code rather than intermediaries, where collective decision-making becomes transparent, secure, and tamper-proof, opening up new possibilities for collaborative and decentralized systems across various industries.

Web3

Web3 is the visionary horizon of the internet, where the principles of decentralization, blockchain technology, and user sovereignty converge to redefine our digital experiences. It envisions an internet that empowers individuals, allowing them to regain control over their data, identities, and interactions, thus shifting away from the data monopolies of Web2. Web3 promises a landscape where trust is not placed in intermediaries but in decentralized protocols, where data privacy is the default, and where censorship-resistant platforms enable free expression. It's not just an evolution of the internet; it's a revolution that puts the power back into the hands of its users, heralding a future where the online world is not controlled by a few giants but is a collective creation and responsibility of the entire online community.

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RiseAngle NFT Calendar

RiseAngle NFT Calendar is your ultimate destination for all things NFT. As a comprehensive NFT calendar, we bring you real-time updates on upcoming NFT drops, projects, and mint schedules. Whether you're an Ethereum enthusiast, a Polygon aficionado, or looking for ADA and Solana NFT drops, our NFT calendar is your trusted resource for staying ahead of the curve in the vibrant NFT space.