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About MICHI

Michiverse is an innovative free-to-play battle royale game that aims to disrupt the gaming industry with its unique play-to-earn mechanisms and utilization of Non-Fungible Token (NFT) technology. It offers players a thrilling and competitive gaming experience while also providing opportunities for ownership and exchange of valuable digital assets. Michiverse delivers a high-octane battle royale experience, where players are dropped onto a vast and immersive virtual world, pitted against each other in a fight for survival. The game boasts a seamless and intuitive control system, allowing players to navigate the terrain, acquire weapons, build structures, and engage in intense combat. The gameplay mechanics are finely tuned, ensuring a balanced and exhilarating experience for both novice and seasoned gamers.Michiverse apart from traditional battle royale games is its focus on play-to-earn mechanisms. By participating in matches and accomplishing in-game objectives, players have the opportunity to earn rewards in the form of Michiverse tokens. These tokens can be utilized within the game or exchanged for real-world value, providing players with a tangible incentive to invest time and effort into the game.One of the key pillars of Michiverse is its integration of NFT technology. Through NFTs, players have the ability to truly own and control their in-game assets. Whether it's unique character skins, powerful weapons, or rare items, each asset is represented as a digital token on the blockchain, ensuring authenticity, scarcity, and provable ownership. This empowers players to freely trade, sell, or collect their digital assets, fostering a vibrant and dynamic in-game economy.Michiverse leverages the inherent advantages of blockchain technology to facilitate seamless asset exchange. The decentralized nature of the blockchain enables secure and direct peer-to-peer transactions, eliminating the need for intermediaries and ensuring swift and frictionless asset transfers. Whether players wish to sell their digital assets on specialized marketplaces or exchange them with other players, Michiverse provides a user-friendly platform that streamlines the process.Beyond its captivating gameplay and innovative mechanics, Michiverse places a strong emphasis on fostering a vibrant and engaged community. The game provides various social features such as in-game chat, forums, and team-based gameplay, allowing players to connect, strategize, and forge alliances. Additionally, Michiverse hosts regular tournaments, events, and challenges, further enhancing the sense of community and competition within the game.

Michiverse (MICHI) is a cryptocurrency launched in 2023. MICHI has a current supply of 0 with 0 in circulation. The last known price of MICHI is 0.000018374913 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://michiverse.world/.

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MICHI Price Statistics
MICHI’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3371
MICHI Market Cap
Market Cap
$0
Fully Diluted Market Cap
$7,730.14
MICHI Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
MICHI Supply
Circulating Supply
0
Total Supply
0
Max Supply
420.69M
Updated Aug 31, 2023 2:30 am
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MICHI
Michiverse
$0.000018374913
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Analysis: Ethereum L1 and L2 balance can be restored by raising the minimum blob fee and increasing L2 usage
Analysis: Ethereum L1 and L2 balance can be restored by raising the minimum blob fee and increasing L2 usage
Crypto KOL cygaar wrote on X: "The relationship between Ethereum L1 and L2 is now quite unbalanced. L2 gets the benefits of Ethereum security without contributing much value to ETH. I think there are two ways to restore balance: 1. Increase the minimum blob fee Currently, the blob fee is basically zero for rollups, which means that Ethereum gets almost no value from the L2 DA cost. In the world before EIP-4844, rollups have always been the largest source of Gas consumption for ETH, causing ETH to face strong deflationary pressure. However, because DA blobs are basically free, rollups no longer consume too much ETH. This, coupled with the reduction in execution activity on Ethereum L1, has caused ETH to become inflationary again. A perhaps more short-term solution is to increase the base blob fee. L2 must pay a certain amount of fees to use Ethereum DA. One could argue that increasing the cost of Ethereum DA will cause L2 to turn to alternative DAs. solution, but I think chains that want to truly inherit Ethereum security will still pay these costs. 2. Increase L2 usage The current blob pricing curve is set this way because researchers predict that there will be more demand for L2. However, apart from a few major events (initial blob release, blobscriptions, LZ airdrop), the cost of a blob has not exceeded the minimum fee. If L2 demand and usage increase, we may reach a state where the blob pricing curve can appropriately price DA blobs, resulting in a healthy level of ETH destruction on L1. In addition to the DA cost being quite large, the amount of Gas used for rollup settlement may also increase to a considerable amount. In the long run, this is the path that is most beneficial to the Ethereum ecosystem, but it also requires an intrinsic demand for L2 block space. We need more interesting consumer-facing applications to attract users and drive more on-chain usage. In this world, blob fees are almost never at the lowest price, and rollups will pay a large amount to inherit Ethereum's security. "
Sep 01, 2024 12:23 pm

Frequently Asked Questions

  • What is the all-time high price of Michiverse (MICHI)?

    The all-time high of MICHI was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Michiverse (MICHI) is 0. The current price of MICHI is down 0% from its all-time high.

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  • How much Michiverse (MICHI) is there in circulation?

    As of , there is currently 0 MICHI in circulation. MICHI has a maximum supply of 420.69M.

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  • What is the market cap of Michiverse (MICHI)?

    The current market cap of MICHI is 0. It is calculated by multiplying the current supply of MICHI by its real-time market price of 0.000018374913.

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  • What is the all-time low price of Michiverse (MICHI)?

    The all-time low of MICHI was 0 , from which the coin is now up 0%. The all-time low price of Michiverse (MICHI) is 0. The current price of MICHI is up 0% from its all-time low.

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  • Is Michiverse (MICHI) a good investment?

    Michiverse (MICHI) has a market capitalization of $0 and is ranked #3371 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Michiverse (MICHI) price trends and patterns to find the best time to purchase MICHI.

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