Bixos is a well-known company for developing advanced blockchain technologies and Elations are flying high in cryptocurrency. They have launched the much-anticipated Utility Bixos Token, (UBXS), which aims to raise awareness about Bixos’ projects.
Bixos developed the UBXS token on the BSC Network as an asset. This token will be used to implement blockchain Defi.
The metaverse, which is an interactive virtual world or series of worlds that can be connected in space and time, is similar to the physical universe. The metaverse acts as a bridge between physical and virtual realms. UBXS is the infrastructure that decentralizes the metaverse. It combines the virtual and physical worlds through the real-estate industry. You can use the UBXS token to buy virtual reality assets created by the BSC Network.
Everyone wants to live in a home. It is often at the top on their list. The same wish extends to virtual space as well, with virtual people racing for land to build their own house. Our recent article, which was published just a few days ago, discussed the many benefits of blockchain technologies like NFT, metaverse, and web3.
Bixos’ ownership of real estates transcends from the virtual space into reality. Bixos users have the ability to purchase the NFT version, which allows them to own the physical property they desire. This is done in a single transaction. In the same vein, Bixos’ users can also sell their estate properties in the real world in exchange for virtual real estates minted as NFT making them a real estate owner of a virtual world. Bixos converts the home ownership certificate to NFTs, and then lists it on global real property.
Since 2010, when Oculus Rift’s first prototype was released, virtual reality has made waves. The potential for virtual reality has been recognized by technology giants Samsung, Microsoft, Google and others.
Numerous industries are now noticing the benefits of blockchain technology, in particular in the realty industry. It is still the biggest asset of the planet. Even though blockchain has been around for a little more than a decade, this digital method’s profits for moving around valuables are still distant to many commercial real estate executives.
The UBXS Token (Utility Bixos Token) aims to create awareness for future Bixos projects, introduce Bixos, gather an audience, raise funds, and determine the BXS Token’s starting price. UBXS Token is designed to make it easier for investors to obtain BXS Token quicker and more efficiently. BXS Token shareholders will also have the possibility to become shareholders.
A spokesperson for the company said: “With the infrastructure, we will create our clients’ assets that will be under maximum protection with the double encryption system by adding the approval mechanism (lawyer approval or a second approval) to your NFT transfers.
Summary:
Bixos announced the launch the UBXS token as a result of its progress in creating advanced blockchain technologies and increasing awareness for the entire company.