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Zionverse announces measures to safeguard its community after Vauld crisis


Zionverse, a metaverse platform based on Indian culture and mythology by Totality Corp, on Tuesday said it would look to ease the situation arising out of Singapore-based crypto exchange Vauld’s closure. Totality Corp, the Zionverse parent, had earlier partnered with Vauld to allow people to buy its Laxmi NFT through it.
The NFT gaming player assured all possible help to the community members impacted by the development. They confirmed that staking and gaming rewards would be paid in Metamask wallet or any other wallet basis ease and security of the payments. To instill confidence among Laxmi NFT buyers and to reaffirm their commitment to their community, the soon-to-be-launched Vishwaas NFT will be given to all Laxmi NFT holders by the end of July 2022.

Notably, the community members were due to receive their expected rewards in December 2022. Still, to boost their confidence, the company has advanced it by as early as six months by offering rewards in the form of Vishwaas NFT. With this, the company hopes the community’s faith will remain intact. Once the Laxmi NFT buyers receive their Vishwaas NFT, they may choose to sell it for $65, which includes the minimum payout plus the staking rewards guaranteed to every Laxmi NFT holder irrespective of the tier and rarity. They will also receive an option to convert their Vishwaas NFT to their soon-to-be-launched Trimurti NFT worth $100.

“Trust is the foundation of our community. The times are tough, and we have come forward to strengthen the community’s confidence in us, and we are doing everything we can to protect the interests of our customers. We have got the support from our investors. Rest assured, our NFT holders’ rewards are safe with us, and they will get them on the promised timelines, ” said Anshul Rustaggi, Founder of Totality Corp.

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