[Overview] What is NEMO Platform ($NEMO)?

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In the current downtrend period, Users are gradually losing faith in GameFi during this downtrend period because they do not see the stability to last. When the P2E model cannot maintain its value, it clearly demonstrates a flaw. So, where does that lead investors and gamers to? Therefore, a new technology platform was born to pioneer the development and change the GameFi market – NEMO Platform.

So what is NEMO Platform? How does the NEMO Platform work? Let’s join Harry of GameAZ to find the answer from A-Z!

Key Takeaways:

  • NEMO Platform is a management and operation platform that automates the decentralized digital economy model. The core principle is to use automated tools & technologies to oversee the value of NEMO tokens.
  • $NEMO Token has many utilities in the NEMO Platform such as The main resource of the game in PvE, PvP, and Arena activities; Use $NEMO to build cities, and upgrade Land or cities in GaliXCity; NEMO Token Is also a common co-use currency for all projects on the NEMO Platform.
  • NEMO Platform and GaliXCity development team from GIHOT Studio have many years of experience in the online game industry, with proven ability through famous online game projects such as Cuu Am Chan Kinh, Ngoa Kiem Vo Song…

1. What is NEMO Platform?

NEMO Platform (NEMO Platform) is a decentralized digital economy model automation management and operation platform. The core principle is to use automated tools & technologies to monitor the value of NEMO tokens.

nemo platform

First, NEMO value is pegged to the price of another asset, hence the term “stable”. Now, NEMO is valued at 0.1 USDT.

1 NEMO = 0.1$ (USTD)

Second, the NEMO Platform will have an automated operating mechanism:

  • Project’s economy monitoring system
  • Deflation/Inflation warning tool
  • Deflation/Inflation automatic technology & governing fund
  • Demand/Supply regulation system

Notice: When adding more projects to the NEMO Platform, the DAO will vote to decide whether to increase the supply of NEMO Platform’s Governance Token or not.

operating mechanism nemo platform

NSF (NEMO Stability Facility) is a special purpose instrument designed to maintain the stability of NEMO exchange rate by managing the treasury and supporting stable NEMO buying/selling activities on anti-de-peg platforms, with a guarantee mechanism for both NEMO/USDT liquidity.

NSS (NEMO Stimulation System) includes fiscal tools that assist with increasing the spending on NEMO System, reducing short-term interest rate and cutting down on item exchange fees.

Both NSF and NSS have a range of tools that can be used to stimulate demand and economic growth, and provide stable and long-lasting NEMO for all three targeted audiences:

  • Player/User
  • Holders/Investor
  • Studio/Publisher

The goal is to build a safe and sustainable system to bring more value to the community and society on the PWE (Play With Earn) platform – A revolution for the not too distant future.

2. Tokenomics $NEMO Token

2.1. Key metric $NEMO Token

2.2. Allocation and Vesting Schedule $NEMO Token:

Allocation and Vesting Schedule $NEMO Token

As described by the NEMO Platform model, the $NEMO Token system will balance the DAO fund and the reward pool.

  • Liquid pool: Used to provide initial liquidity for exchange platforms.
  • NSF pool: Used to maintain the stability of NEMO exchange rate at all times and in a long-term and sustainable manner.
  • Marketing: Used to invest in marketing activities to promote the project.
  • Reward: Bonus fund for in-game activities and projects.

2.3. Utility of $NEMO Token:

Utility of $NEMO Token

NEMO is currently being used as the main token in GaliXCity – the first 4X RTS game on the Blockchain platform. When participating in PvE, PvP, and AvA activities in the game, players can receive NEMO Tokens.

This is critical material for Land owners and players. Since they will need to use $NEMO to upgrade LAND or city. The higher the level, the more $NEMO are required.

Moreover, NEMO Token is also a common co-use currency for all projects on NEMO Platform.

2.4. Exchanges $NEMO Token

Currently, the development team has completed listing $NEMO on Avalanche blockchain’s top 1 dex exchange, TraderJoe. Players can trade the Avax/NEMO pair directly:

https://traderjoexyz.com/trade?outputCurrency=0xf538030Ba4B39E35A3576bD6698cfcc6AC34A81f#/

Also can trade directly on Nemoverse:

NSF Pool – NEMO Platform (nemoverse.io)

3. Backers

3.1. Development Team

nemo platform Development Team

Chuong Dang – CEO:

Chuong Dang has demonstrated experience in the Online Gaming Industry by leading game projects such as: Cuu Am Chan Kinh, Ngoa Kiem Vo Song to success and gain remarkable achievements, he has accumulated a deep insight into customer needs.

Harry Nguyen – CTO:

Harry Nguyen’s prowess in software engineering and management allows him to become a skilled game developer.

With more than 6 years of experience designing and developing online gaming systems, Harry is currently focusing on managing and developing blockchain gaming systems, smart contracts and GameFi.

Duong Tran – CGO:

With proven experience coordinating and developing 2 different GameFi projects, Duong Tran is trusted to build a sustainable developing roadmap for the project based on 3 factors: Technology, Innovation, and stability.

As a Crypto enthusiast, Duong Tran is always looking to learn more about this field and stay up to date with the latest trends. Previously, he served as Unity Client Leader at Antada and NCT Corporation.

Anh Nguyen – Creative Director:

With 4+ years of experience in graphic design and 3+ years of experience in product management, has demonstrated expertise in developing and designing high-quality Visual Art, UI/UX for Mid-Core games according to the product strategy and concept of the project, Anh Nguyen is currently working as Creative Director at GIHOT.

Thien Phung – Head of blockchain development department:

Thien Phung has 10 years of experience as a Software Engineer, System Engineer and 6 years as a Blockchain Investor and Researcher.

He had participated in developing technology projects such as web2, cloud computing and CDN, and being an advisor for multiple Blockchain Games, contributing to the success of many open-source blockchain projects (Open- Source).

3.2 . Advisors

nemo platform advisors

Joe Lee – Chairman of the Board of Directors at GOSU Corp

Joe Lee is currently the Chairman of the Board of Directors at GOSU Online and the Founder of 3 studios in Vietnam.

He has more than 20 years of experience in the gaming industry on both PC and Mobile devices.

Joe Lee has successfully transferred famous games such as: Ngoa Kiem Vo Song, Age of Wushu, Cuu Duong Truyen Ky.

Kevin Nguyen – Co-Founder/CTO at GIHOT Studio

With more than 20 years of experience in software development. Former Technical Leader at CSC VN, IBM VN, Great Eastern Assurance Singapore.

Henry Pham – Project Manager/Game Design Director at GIHOT Studio

He is the Project Manager of famous game projects such as Cuu Duong Truyen Ky, SK Legend, Nhan Gia Vo Song, Spirit Land Legend.

8 years of working in the Online Gaming industry, demonstrated experience in planning, content, design and art.2

Lam Nguyen

Experienced Management, Leadership, and Partner in Technology, business management, consultation and various industries.

Holds a Doctorate degree in Corporate Governance with a professional focus in Mergers and Acquisitions from the New York Institute of Finance.

Technology professional in cloud computing from AWS.

Dr. Rémi Nguyen – Founder and CEO of MLR Advisory

He holds a PhD degree in Law from the Centre National pour la Recherche Scientifique (CNRS).

Member of the editorial board of Science and Technology Development Journal: Economics – Law & Management (STDJELM) at Vietnam University of Economics and Law, Ho Chi Minh City.

Member of the Principles of Asian Contract Law academic project, Founder of the Myanmar Law Library and Research Associate at the Institute for Research on Contemporary Southeast Asian (IRASEC).

Quynh Anh Nguyen Dang – Chief Strategy Officer (CSO) at GOSU Corp

Currently holding the position of CSO at GOSU Corp and COO at SPAC3SHIP.

She has held C-level positions at multinational corporations such as Group Chief Operations at Yeah1 Corporation, Chairman of the Board of Directors at Yeah1 EDigital, Country Director at VIBER Vietnam, and Vice President at RIVERORCHILD Vietnam.

She is a strategic marketing guru with 20+ years of experience in advertising technology (adtech), business strategy development, and corporate governance.

Currently working deeply in the blockchain industry and in charge of operating as well as taking on the role of strategic marketing advisor for many blockchain projects.

4. Learn more about NEMO Platform and GaliXCity:

  • NEMO Platform: https://nemoverse.io
  • Website GaliXCity: https://galixcity.io
  • Telegram Announcement: https://t.me/GaliXCity_OfficialChannel
  • Telegram Vietnam Community: https://t.me/GaliXCity_Official
  • Youtube: https://www.youtube.com/channel/UCHPPAlbeh8diujgCtzGwR6g
  • Whitepaper: https://docs.galixcity.io/nemo-platform-and-nemo

If you have any questions, comments, suggestions or project ideas, please email: [email protected] 

Disclaimer: The information on this Website is provided as an overview of the market and does not constitute financial advice. GameAZ encourages you to do more research before deciding to invest.

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