OrbCity to Rebrand as Travel AI Project: Token Swap Details Announced

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


  1. Focus on Travel AI Solutions
  2. Token Swap and Transition Details
  3. New Whitepaper and Website Launch in October

  4. The LandFi metaverse project known as OrbCity has announced its decision to rebrand and become a travel AI project. This news was shared on the project's official Telegram channel.

    Focus on Travel AI Solutions

    The decision to rebrand and transform into a travel AI platform signals OrbCity's intention to capitalize on the growing popularity of AI-powered applications across various industries. Artificial intelligence has become an important tool for personalizing experiences and optimizing logistics in tourism. OrbCity's new project will aim to provide an enhanced AI-driven travel experience, offering custom itineraries, booking services, and personalized recommendations based on user preferences.

    Token Swap and Transition Details

    As part of the rebranding, existing tokens on the OrbCity platform will be swapped to align with the new project direction. Specifically, ORB and LAY tokens, the two main utility tokens on the current platform, will be exchanged for new tokens being introduced for the travel AI project. The swap ratio will be 1:1 for ORB tokens and 2:1 for LAY tokens.

    New Whitepaper and Website Launch in October

    The rebranding will be accompanied by the release of a new whitepaper and website, which will provide detailed descriptions of the AI travel project's goals and development roadmap. The whitepaper will outline the technology stack, use cases, and methods of integrating AI to enhance travel experiences. The launch is scheduled for October 2024, also introducing a new community structure for user interaction with the project.

    OrbCity's rebranding from a LandFi metaverse project to a travel AI project marks a significant strategic shift. By adopting AI and focusing on travel, the project aims to capitalize on emerging trends in both technology and tourism sectors. The token swap and release of a new whitepaper in October will provide more information on how OrbCity plans to implement its vision.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Aave's Debt Concentration Raises Concerns Amid Ethereum Volatility

chest

Aave's debt profile shows that a small number of loan positions account for a significant portion of its total outstanding debt, raising concerns about risk concentration.

user avatarJesper Sørensen

Shift in Airdrop Strategy Reflects Changing Market Dynamics

chest

Optimism's decision to reallocate tokens indicates a shift away from broad airdrops towards more strategic ecosystem investments.

user avatarLucas Weissmann

Optimism Governance Approves Reallocation of OP Tokens

chest

Optimism governance has approved the transfer of 5469 million OP tokens from user airdrop reserves to a Strategic Ecosystem Fund managed by the Optimism Foundation.

user avatarRajesh Kumar

Arbitrum Launches ArbOS 61 Elara Upgrade

chest

Arbitrum has activated its ArbOS 61 Elara upgrade, introducing new tools for Orbit chains and expanding contract size limits.

user avatarEmily Carter

Offchain Labs Plans to Enhance Arbitrum's Withdrawal Times with ZK Proofs

chest

Offchain Labs is working on integrating zero-knowledge proofs into Arbitrum's BoLD settlement protocol to significantly reduce withdrawal times.

user avatarFilippo Romano

Solana Validators Prepare for Governance Vote on Economic Proposals

chest

Solana validators are preparing for a governance vote on a package aimed at reducing SOL issuance pressure through fee burning and inflation reduction, with the vote scheduled for August 23.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.