Author: NETVRK
Dive into Proposal #5 to help decide which blockchain(s) NetVRk should embrace for an exciting future. This vote shapes the next chapter of our journey – make sure your choice is heard! Voting options:EthereumPolygonAvalanche (AVAX)ArbitrumOptimismSolanaTezos Explore what each option means and the impact on NetVRk’s future. Voting starts in 3 days – be ready to cast your vote! 🔗 : Netvrk DAO Portal Objective DisclaimerThis is a pulse check proposal, i.e. non-binding. We will use this proposal to get community sentiment and feedback on which chains are preferred, and you can select one or more chains when voting. The final…
Summary A recent EOA Admin Wallet exploit on a ferrum-dev wallet resulted in an attacker targeting vested tokens in a vesting contract. This announcement details what happened, what we are doing about it, and how NetVRk is working with Ferrum to ensure that our community and supporters are made whole. Incident Report – EOA Admin Wallet Exploit (ferrum-dev wallet) At 13:47 UTC on 23-December-2023, Ferrum was notified that one of the IronVest contracts deployed for a NetVRk investor seems to have been drained and the tokens subsequently sold at a DEX. This was not an exploit of NetVRk tech. This…
The following Q&A gives insight into the mind of NetVRk’s creator, Mike, and why he believes so: Interviewer: ”What has inspired you to create a Metaverse to begin with?”Mike: ”At 16 (many light years ago…) after watching the Matrix, I was inspired to create a computer simulation indistinguishable from what we perceive as reality. I was determined to make it happen. I started to learn everything I could back then about 3d modeling, virtual reality and computer engineering.” Interviewer: ”Oh, gosh. You wanted to put us all in the Matrix?”Mike: ”Haha, no no no. The thing I love about the…
The community has spoken, and the decision is in – no grace period! NFT stakers must qualify each quarter for staking rewards. Big thanks to all who participated and shaped Netvrk’s future. 🚀 What’s next? Stay tuned for more DAO proposals! 🔗: Netvrk DAO Portal
Netvrk DAO Vote Now Open! The time has come to cast your vote! 🌐 In this proposal, we’re deciding if there will be a grace period for NFT stakers to claim missed rewards from previous quarters. The vote has just started and will continue for the next 72 hours. 🔗 Vote Here: Netvrk DAO Portal
📣 Netvrk DAO Proposal #4 – Grace Period 🔥 Get ready for the upcoming DAO proposal – This time, we’re discussing the implementation of a grace period for NFT stakers to claim missed rewards from previous quarters. Your input is crucial! 🗓 Key Dates:DAO Proposal Launch: December 5thVoting Starts: December 8thVoting Deadline & Results: December 11th 🔍 Proposal:Decide whether we should introduce a grace period starting in 2024. Voting starts in 72 hours! ✅ Voting Options:Yes, implement a grace period: The length will be determined in a subsequent vote.No, stakers must qualify in the current quarter: Maintain the current reward…
TL:DR In this Devlog that recaps the work the Netvrk team had done in the month of November, we cover a wide range of elements. First, in the studio update, we talk about the Alpha plans and the criteria we are using when we discuss the plans. In the Development Update, there is both discussion and images showing off the improvements to the builds. The AI team update discusses the modular AI NPC work. The Blockchain team updates us on the wallet connection improvements. Our community team then talks about the various contests and winners, and the latest DAO news.…
TL:DR Here’s the quick TL:DR for what is in this Netvrk Devlog 15, covering the month of October. In the Studio Update, we cover the schedule and adjustments to the Roadmap as we head to the first Alpha and into 2024. In the Development section, we cover the work on the first Alpha, and how we are looking into the next year as we expand the world. In a new section, we cover our use of AI and how it is designed to add fullness and dynamic interactions to our world. The Blockchain team talks about what they are doing…
TL:DR To get everyone quickly to the Devlog, here’s a short TL:DR for the post. The Studio Update explains some of the team’s external connections, the Development team talks about critical support for multiplayer, the Blockchain team details the Q3 distribution, and our Community team continues with news on the DAO and our Zealy interactions. Read on! Studio Update There have been plenty of enticing connections that the studio has made, showing that the concept of Netvrk continues to resonate with promise for the market. We have connected with some of the biggest PR firms, some of which have been…
TL:DR In this month’s Devlog, we’re addressing the financial impact of the Alpha delay. Ensuring long-term stability, we’re investing in Unreal 5.2 for improved performance, visuals, and procedural world-building tools. We’re also working on foundational features for a creation tool suite, allowing users to create, save, and load items in multiplayer environments. Progress on the highway system is promising, with a shift towards a more efficient approach. Finally, we’ll touch on the AI prototype and where that might lead. Let’s jump in! Studio Update A frank discussion about the costs of the delayed Alpha is worth having this month, and…