Thothus: Offering a New Haven For DeFi of Metaverse

Sophia Cruz•Wednesday, March 23, 2022•1 min read

The tokenized gaming and entertainment sector has also bloomed into a massive billion-dollar industry, allowing developers to raise capital to complete their unique digital assets. The gaming platform, Thothus, is widely regarded as a significant influencer in this sector.

The Thothus project is a decentralized trading and financial platform designed for the gaming industry. The project aims to provide a holistic experience for gamers by enabling them to stake, auction, trade and monetize their non-fungible tokens (NFTs) on the site. To achieve this, Thothus will utilize Metaverse’s digital identity solution to verify the identity of its users.

Thothus is proud to be integrating with the Cardano blockchain platform. ADA will undoubtedly play a role in the upcoming blockchain revolution, and it will change the way that people think about cryptocurrencies. The goal of Thothus is to make sure that the two parties we see as users, namely investors and borrowers, are both comfortable and well-served.

The surprisingly high demand for Cardano-based DeFi projects shows why the Thothus seed round was oversubscribed within 6 hours, allowing those who did not make it to be listed for the private round. Whakaaro VC leads this full seed round of 1.4 million TOT tokens or $213,750.

The Tokenomics at Thothus allows users to create a more stable, self-supported platform. It could be one of the best platforms, adopting many features, while also taking into account strategy, corporate governance models and other tokenomics factors. $TOT will be the governance token of Thothus. At the same time, the TEUS token will be used to reward its community. The Thothus Platform has a lot to offer, including a Metaverse Swap, Marketplace, Farm, Library and Rankings. All of these will contribute to building the future of Thothus in the Metaverse.

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ABOUT THE AUTHOR See More

Sophia Cruz

Financial Writer - Asian & European Desks

Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.