EdenLoop is a cryptocurrency platform that operates as a hybrid NFT marketplace and portal. It is built on the Ethereum blockchain and allows users to search for and trade NFTs from around the world. The platform aims to create NFTs that combine visual elements and can be used in both the Metaverse and the real economy. Its ultimate goal is to establish a system where all file formats can be transformed into NFTs.
Initially focusing on 3D NFTs, which require specialized knowledge, EdenLoop seeks to digitize real-world items and lay the groundwork for a WEB 3.0 platform. The BlockLoop System plays a vital role in connecting the NFT ecosystem. Similar to Google's Web Crawler technology, it searches and connects NFTs generated by other blockchain networks. The system analyzes and organizes the data, which is then linked to the EdenLoop platform. This allows users to search for NFTs built on various blockchains and trade them using different tokens like ETH, ELT, MATIC, KLAY, and more. Royalties will be given in ELT.
ELT is the governance and utility token of EdenLoop. It is used for trading NFTs on the platform's marketplace and for rewards and royalties.
The EdenLoop system includes several components. The BlockLoop System acts as an NFT search engine, enabling users to search for NFTs issued on different blockchain networks and trade them using various tokens or coins. Transactions conducted through this system are rewarded with ELT. The platform also features a Staking and NFT Farming System, which rewards users, including sellers, buyers, resellers, auction traders, and owners, with ELT. Additionally, the VisualLoop System utilizes WebGL technology to offer a range of Metaverse services. Users can experience 3D content without the need for additional plugins and utilize NFTs on multiple platforms within the Metaverse.
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