MUSE

Aspect	Information
Short name	MUSE
Full name	Muse
Support exchanges	Coinbase, Uniswap, CoinEx, Gate.io
Storage Wallet	Metamask, Trust Wallet
Customer Service	Discord, Telegram, Twitter

Overview of Muse (MUSE)

Muse ($MUSE) is the native token of the Very Nifty Gallery, an experimental game where users can interact with virtual non-fungible tokens (vNFTs). Players can mine $MUSE tokens by owning and nurturing vNFTs, with rewards based on vNFT levels. The token is an ERC-20 and can be traded on Uniswap.

To obtain more information, you can visit their website: https://gallery.verynifty.io and try to log in or register to use more services.

Pros and Cons

Pros	Cons
Unique Concept	Beta Stage
Potential for Profit	Risk of Loss
Liquidity	Market Dependency
Innovative Features	Regulatory Uncertainty

Pros:

Unique Concept: Muse stands out with its innovative concept of merging NFTs and gaming, offering an engaging experience to users.

Potential for Profit: Users have the potential to earn MUSE tokens through various in-game activities, fostering community engagement and participation.

Liquidity: As an ERC-20 token, Muse benefits from the liquidity and accessibility of the Ethereum ecosystem, making it easier for users to trade and interact with.

Innovative Features: Muse introduces novel features such as vNFTs (virtual Non-Fungible Tokens) and delegated transfers, enhancing the gaming experience and utility of the token.

Cons:

Beta Stage: Muse is currently in beta, which implies that the platform may still experience bugs, vulnerabilities, and other technical issues that could impact user experience and security.

Risk of Loss: While Muse offers opportunities for earning tokens, users also face the risk of loss if they fail to maintain or nurture their virtual NFTs adequately.

Market Dependency: The value of MUSE tokens subjects to market volatility and speculation, posing risks to investors and users who hold significant amounts of the token.

Regulatory Uncertainty: Like many cryptocurrency projects, Muse operates in a regulatory gray area, and regulatory changes or crackdowns could impact its operations and viability.

What Makes Muse (MUSE) Unique？

Muse ($MUSE) distinguishes itself through its innovative approach to gamifying ownership and interaction with virtual non-fungible tokens (vNFTs) within the Very Nifty Gallery.

Unlike traditional NFTs that primarily focus on ownership and speculation, Muse incentivizes active participation by enabling users to mine $MUSE tokens through various in-game activities involving their vNFTs. This unique mechanism encourages users to nurture and engage with their vNFTs, creating a dynamic ecosystem where the value of these digital assets is not only derived from their rarity or uniqueness but also from their utility and interaction within the gaming environment.

Additionally, Muse's integration with the Very Nifty Gallery provides a platform for users to explore, trade, and interact with vNFTs in an experimental and engaging manner, further enhancing the token's uniqueness within the broader NFT landscape.

How does Muse (MUSE) Work？

Muse ($MUSE) operates within the Very Nifty Gallery, a platform that gamifies ownership and interaction with virtual non-fungible tokens (vNFTs). Users can obtain vNFTs through various means, including airdrops, wrapping existing NFTs into vNFTs, or acquiring them from the OpenSea second market. Once users have vNFTs, they can engage in activities such as mining $MUSE tokens.

Mining $MUSE involves using vNFTs to perform specific actions within the Very Nifty Gallery. Each vNFT allows users to mine $MUSE tokens once per 24 hours. The amount of $MUSE earned depends on factors such as the vNFT's level and the user's activity level within the game.

Users can increase their vNFTs' levels by buying gems, which are used to earn points. The leaderboard ranks users based on their points, encouraging competition and engagement. Additionally, users have the option to delegate the fatalization of their vNFTs, allowing others to claim some of the scores earned by the vNFT.

Furthermore, the Muse ecosystem supports the trading of $MUSE tokens on platforms like Uniswap, providing liquidity and facilitating price discovery. The tokenomics and governance of $MUSE are designed to support the growth and sustainability of the Very Nifty Gallery, fostering community involvement and innovation within the platform.

Market & Price

As of now on Apr1, 2024, the MUSE token is priced at $20.06, showing a 0.97% increase in the last 24 hours. With a market capitalization of $10,202,480, it ranks 1117th in the market. The token's trading volume in the last 24 hours is $298,473, which represents 63.12% of its market cap.

MUSE has a circulating supply of 508,554 tokens out of a total supply of 950,001 tokens, with a maximum supply capped at 950,001 tokens. The fully diluted market cap stands at $19,058,676. The token's price has fluctuated between a low of $19.66 and a high of $21.79 in the past 24 hours.

However, it's noteworthy that MUSE's all-time high was $125.90 on March 14, 2021, marking an 84.05% decrease since then. Conversely, its all-time low was $0.1221 on December 24, 2020, reflecting significant volatility over time.

Exchanges to Buy Muse (MUSE)

Muse (MUSE) can be acquired on various cryptocurrency exchanges.

1. Coinbase: Coinbase is a popular cryptocurrency exchange known for its user-friendly interface and regulatory compliance. It offers a secure platform for buying, selling, and trading various cryptocurrencies, including MUSE. Users can easily deposit fiat currency to purchase MUSE tokens.

Step	Instruction
1	Download the Coinbase app and start the sign up process.
	Ensure you have a valid ID and proof of address (verification may take time).
2	Tap the payment method box and connect a bank account, debit card, or initiate a wire transfer.
3	On Coinbase.com, select “Buy & Sell.” On the mobile app, tap the “+” Buy button on the Home tab.
4	On Coinbase.com, click the “Buy” panel and search for “Muse.” On the mobile app, search for “Muse” in the search bar and tap it.
5	Use the number pad to enter the amount you want to spend in your local currency. The app will automatically convert it to Muse.
	You can also tap the arrow buttons next to the amount to switch between your local currency and Muse.
6	Once ready, tap “Preview buy” to review the purchase details. Confirm everything looks correct and click “Buy now.”
7	After the order processes, you'll be taken to a confirmation screen. You've successfully purchased Muse!

Buying link: https://www.coinbase.com/how-to-buy/muse？__cf_chl_f_tk=iD87MJ.aX_2LaOxtleo06X1eUCWZN_cqCLt0HAafwbg-1711977556-0.0.1.1-1599.

2. Gate.io: Gate.io is a global cryptocurrency exchange that provides a secure and user-friendly platform for trading various digital assets, including MUSE. It offers a wide range of trading pairs and features advanced trading tools for experienced traders. Gate.io also prioritizes security and compliance to ensure a safe trading environment for its users.

3. Uniswap: Uniswap is a decentralized exchange (DEX) built on the Ethereum blockchain. It allows users to trade ERC-20 tokens directly from their wallets without the need for intermediaries. MUSE tokens can be traded on Uniswap by connecting a compatible Ethereum wallet like MetaMask.

4. CoinEx: CoinEx is a cryptocurrency exchange platform that offers a wide range of digital assets for trading, including MUSE. It provides advanced trading features and liquidity to users worldwide. CoinEx supports both crypto-to-crypto and fiat-to-crypto trading pairs.

How to Store Muse (MUSE)？

Muse (MUSE) can be stored in both Metamask and Trust Wallet.

1. MetaMask: MetaMask is a popular Ethereum wallet and browser extension that allows users to interact with decentralized applications (DApps) and store ERC-20 tokens like Muse. It provides a secure and convenient way to manage Ethereum-based assets while offering features such as token swaps and decentralized finance (DeFi) access.

2. Trust Wallet: Trust Wallet is a mobile wallet app that supports various cryptocurrencies, including Muse. It provides users with full control over their private keys and offers features like in-wallet token swapping, staking, and access to decentralized exchanges (DEXs). Trust Wallet prioritizes security and user convenience, making it a popular choice among cryptocurrency enthusiasts.

Is It Safe？

As an experimental game token within the Very Nifty Gallery platform, the safety of Muse ($MUSE) is subject to certain risks inherent in such projects. While efforts are made to secure the platform and token, users should still be cautious and understand that participation in experimental projects carries inherent risks. You should understand the project's mechanics, and only invest what one can afford to lose.

How to Earn Muse (MUSE)？

To earn Muse ($MUSE), participants can engage in various activities within the Very Nifty Gallery platform:

Mining: Users can mine $MUSE tokens by owning and interacting with vNFTs (Very Nifty Tokens) within the game. Each vNFT allows users to mine $MUSE tokens once per 24-hour period.

Gem Purchases: Purchasing gems within the game can increase a user's vNFT's level, thereby enhancing their mining rewards in $MUSE tokens.

Fatality: Users can claim a portion of the scores earned by deceased vNFTs by using the “fatality” feature, thereby increasing their own scores and $MUSE rewards.

Trading: $MUSE tokens may also be tradable on platforms such as Uniswap, allowing users to buy and sell them on the open market.

By actively participating in the Very Nifty Gallery ecosystem and leveraging its features, users have the opportunity to earn $MUSE tokens as rewards.

Conclusion

In conclusion, Muse ($MUSE) is the native token of the Very Nifty Gallery platform, offering users opportunities to earn rewards through mining, gem purchases, fatality interactions, and trading. As an integral part of the platform's ecosystem, $MUSE facilitates engagement and value creation within the NFT gaming space.

The development prospects of Muse largely depend on several factors, including the adoption of its blockchain technology within the music industry and the robustness of its Delegated Proof of Stake (DPoS) consensus mechanism. If successful, it has the potential to usher in a new paradigm in the way music rights are managed and artists are compensated.

FAQs

Q: What is Muse (MUSE)？

A: Muse (MUSE) is the native token of the Very Nifty Gallery, empowering users to engage in NFT gaming and earn rewards.

Q: What distinguishes Muse from other cryptocurrencies？

A: Muse differs by integrating with the Very Nifty Gallery, offering gamified NFT interactions and unique reward mechanisms within its ecosystem.

Q: How can one earn Muse (MUSE)？

A: One can obtain Muse (MUSE) by participating in its ecosystem through mining, purchasing from exchanges, or engaging in activities within the Very Nifty Gallery.

Q: What wallets can be used to store Muse (MUSE)？

A: Muse (MUSE) tokens can be stored in Metamask and trust wallet.

Risk Warning

Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.