Tokenization

Meta-Multiverse Tokenization Overview

Introduction
Tokenization plays a significant role in the Infinity Rift Meta-Multiverse Ecosystem, as it facilitates the creation, management, and exchange of digital assets. The RIFT utility token, available at the launch of Infinity Rift, provides immediate utility within the Meta-Multiverse ecosystem, allowing users to access a wide range of virtual goods and services. Through the use of TNFTs, iTNFTs, IDTs, and the RIFT utility token, the Infinity Rift promotes a thriving economy within the Meta-Multiverse, enabling users to seamlessly engage in various transactions and activities.
 
Token Ecosystem
RIFT Utility Token The RIFT token is the primary utility token within the ecosystem, facilitating access to virtual goods and services, and enabling seamless transactions and activities. The RIFT token will be available at the launch of Infinity Rift.
TNFTs (Transformational Non-Fungible Tokens) TNFTs are digital assets offering unlimited virtual and real-world redemption options, customizable attributes, and cross-compatibility across game engines, platforms, and blockchain networks. They are supported by Meta-Multiverse smart contracts and USD file assets.
 
iTNFTs (Intelligent Transformational Non-Fungible Tokens) iTNFTs utilize generative AI programs to create intelligent minted TNFT assets, offering unique, AI-driven content and capabilities.
 
IDTs (Identity Tokens) IDTs are tied to users’ TNFT Infinity Avatars and enable participation in RIFT DAO governance, fostering community engagement and decentralized decision-making.
 
AI Integration of ARIA AI and other iTNFTs: A hyper-realistic iTNFT virtual assistant, Aria Nova, will be integrated into the Meta-Multiverse to enhance user experiences, provide personalized content, and facilitate seamless interactions. ARIA AI will utilize ChatGPT Plug-in integration and other generative AI services to offer comprehensive expertise across disciplines and to allow users to create Metaverses on Meta-Nodes using Nvidia GET3D and Opus.ai.
 
Technical Architecture The Infinity Rift Meta-Multiverse will be built on a combination of blockchain networks, consensus mechanisms, and smart contracts, ensuring security, transparency, and interoperability with other platforms.
 
  1. The technical architecture of the Infinity Rift Meta-Multiverse is designed to provide a secure, transparent, and interoperable platform that will encompass a wide range of features and components. The Meta-Multiverse will be built using a combination of blockchain networks, consensus mechanisms, and smart contracts. This will ensure seamless integration with other platforms and a robust environment for its various applications.
    1. The technical architecture of the Infinity Rift Meta-Multiverse is designed to provide a secure, transparent, and interoperable platform that will encompass a wide range of features and components. The Meta-Multiverse will be built using a combination of blockchain networks, consensus mechanisms, and smart contracts. This will ensure seamless integration with other platforms and a robust environment for its various applications.
    2. Layerzero.net will also be utilized to facilitate the seamless transfer of assets between various blockchain networks. Layerzero.net is a cross-chain solution that allows for easy and quick asset transfers, promoting interoperability and enhancing the user experience within the Meta-Multiverse.
    3. The initial Meta-Node dApp, Infinity City, will serve as the social and commercial hub of the Infinity Rift. It will be built using Polygon zkEVM, a highly recommended platform for Meta-Node dApp development. Polygon zkEVM is a powerful and secure layer 2 solution that provides scalability and low gas fees, making it ideal for creating complex applications like Infinity City.
    4. In summary, the Infinity Rift Meta-Multiverse’s technical architecture aims to provide a robust and interconnected platform that will enable various applications and components to work seamlessly together. By leveraging advanced technologies like zeeve.io, layerzero.net, and Polygon zkEVM, Infinity Rift is poised to become a leading force in the Open Metaverse initiative, promoting a dynamic creator economy, decentralized governance, and endless opportunities for exploration and growth.
  2. Revenue Generation and Distribution: All profits generated by Infinity Rift LLC will be released quarterly to the RIFT DAO, a non-profit parent company soon to be established in Texas, 2023. The RIFT DAO will ensure fair distribution of profits and incentives among creators, users, and stakeholders within the ecosystem as voted on and determined by the community.
  3. Governance Model: The RIFT DAO will serve as the decentralized governance structure for the Infinity Rift Meta-Multiverse, promoting community engagement and empowering users to participate in decision-making processes.
  4. Legal and Regulatory Considerations for Infinity Rift

    The Infinity Rift project, including its RIFT dApp, TNFTs, iTNFTs, Meta-Node dApps, and other components, operates within a complex legal and regulatory landscape. We have taken comprehensive measures to ensure compliance with all relevant regulations and legal requirements, in order to maintain a secure and lawful environment for our community.

    1. Know Your Customer (KYC) and Identity Verification: We will integrate the 0xKYC protocol into the RIFT dApp to provide a seamless KYC process for IDT (Identity Token) creation. This protocol enables us to verify the identity of our users and ensure compliance with Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regulations. The KYC process involves collecting and verifying user data, including name, date of birth, address, and government-issued identification.
    2. Token Classification: The RIFT token, TNFTs, and iTNFTs are classified as utility tokens, not securities, which means they do not grant equity or ownership rights. As such, they are not subject to securities regulations. Our non-profit parent company, RIFT DAO, wholly owns Infinity Rift LLC, ensuring that there are no stakeholders or investors in the non-profit entity.
    3. Intellectual Property: We have secured all necessary copyrights, patents, and trademarks for the Infinity Rift project and its various components. This ensures that our brand and assets are protected and that we are in compliance with intellectual property laws.
    4. Data Privacy and Security: We are committed to protecting the privacy and security of our users’ data. We comply with all relevant data protection regulations, such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), by implementing robust security measures and data handling practices.
    5. Employment and Labor Laws: As part of our commitment to operating in a lawful and ethical manner, we adhere to all applicable employment and labor laws, ensuring fair treatment of our employees and contractors.
    6. Tax Compliance: We maintain strict compliance with all tax regulations, both domestic and international, to ensure proper reporting and payment of taxes.
    7. International Regulations: The Infinity Rift project operates across multiple jurisdictions, and we work diligently to ensure compliance with all applicable international laws and regulations.
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