Laqira Protocol is a blockchain-based platform aiming to create an ecosystem that covers multiple crypto and blockchain services. First, let's look at the platform and how it works.
What is Laqira?Laqira Protocol is a platform that aims to build a metaverse network comprising various decentralized applications (dapps). The ecosystem will comprise applications within the decentralized finance and GameFi sectors.
A communal voting mechanism is included in the governance of the protocol. The voting system indicates that additional protocol development will occur only once the core team or community members have developed a proposal. The proposal needs to win enough votes from token holders before the team can implement it into the protocol.
If the proposal obtains a sufficient number of votes in favor of it from token holders, the proposal will be approved and moved onto the development phase.
NFT MarketplaceOne of the main products is the NFT marketplace and all further developments in addition to this platform. The NFT Marketplace is a fully decentralized application (dapp), and all functionalities work via smart contracts directly in the blockchain.
The marketplace enables users to mint, buy and sell NFTs. In addition, a 3D engine has been implemented in the marketplace, using which 3D models can be built, rendered, and shown as live objects.
An optimized syncing system duplicates blockchain-based information of the marketplace on an independent database on a server. So, a local copy of transaction data of the marketplace is mirrored on the server for a more efficient and high-speed dapp on the user end.
The servers work independently of the blockchain, so if the server and database are lost, the blockchain is unaffected. Furthermore, since the original data of users' assets already exist in the blockchain, another server and database can be duplicated, including all the previous data of the marketplace, in a very short time.
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