The Future of Blockchain, cryptocurrency, and Metaverse, 2024 - NORQUE a promising new project

One of these projects is , an up-and-coming protocol that uses artificial intelligence, machine learning, and blockchain technology to issue risk mitigation services, own blockchain, CEX, DEX, and similar applications. Let’s take a look at the platform in further detail, contrast it with previous crypto failures, and examine the future of the blockchain.

Charting the history of blockchain, metaverse and cryptocurrency

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It’s fair to say that the blockchain world has experienced a volatile past few years. First, there was the boom. During the pandemic, global lockdowns brought the potential use cases of the metaverse into the spotlight — in virtual worlds like Decentraland, people could interact with friends or colleagues from the safety of their own homes. This led to major brands like Gucci and celebrities like Snoop Dogg rushing to take action and purchase virtual land. A boom in the larger crypto market followed.

Yet the good times didn’t last. In May 2022, there was the infamous Terra-Luna crash. The Terra Network relied on a stablecoin (a cryptocurrency supposed to have a stable value) called UST, which lost its peg with the US dollar. Panic among investors caused the protocol’s other cryptocurrency, Luna, to crash — and the sentiment spread across the wider market. The prices of most other cryptocurrencies fell — even the best-known digital coins like Bitcoin.

This was far from the only issue the crypto world experienced. Another famous example is the case of FTX, one of the world's biggest cryptocurrency exchanges. The exchange collapsed due to mismanagement of funds in November 2022; customers withdrew their money, which exposed a lack of liquidity. A complete crash followed, and the founder is currently undergoing trial. Events like these served to reduce public faith in cryptocurrencies and blockchain projects, with many people viewing them as ‘scams.’

Where the problem lay

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There’s a theme among all these failed projects and the decline of blockchain: The lack of tangible value in any of the projects.

For instance, bitcoin was created as an alternative to fiat currency, but its lack of sustainability means broad usage of the coin would be disastrous for the planet.

Examples like Doge are even more extreme. The coin was made as a ‘memecoin’ as a joke and had no real application, yet many people decided to buy it anyway. Elon Musk pumped the value of dogecoin by encouraging his followers to invest in the coin, but they eventually lost their money (while he profited). These cases tarnished the reputation of blockchain technology, and many people began to see cryptocurrencies as ‘scams’ that didn’t do anything useful.

After a turbulent few years, the blockchain sphere is in dire need of a game-changing project to reignite the market. Fortunately, there’s one protocol that promises to do precisely that.

Introducing NORQUE Universe
NORQUE is an up-and-coming blockchain-based project that offers a comprehensive solution to shake up the insurance world — and the entire blockchain, metaverse, and cryptocurrency landscape.

The protocol uses artificial intelligence and machine learning technology to offer a unique use case: Carrying out various insurance use cases through the blockchain, including taking out insurance policies and solving insurance claim settlements. AI is used to settle claims and recommend people the best insurance policy for their needs, and the entire process is decentralised on the blockchain. This promises to shake up the financial services industry by providing an alternative to expensive financial advisors.

It will also benefit insurance companies by giving them a new risk ratio to calculate premiums, which will reduce operating costs and increase profits. Since all the data will be recorded on blockchain, firms will be able to use authentic data to make business decisions.

It combines Web3, the metaverse, cryptocurrencies, and the physical world in one fell swoop to revolutionise the digital landscape.

With fast and secure artificial intelligence and machine learning to power its DEX, CEX, and blockchain, plus a payment application that can do wonders, this is NORQUE Universe. Working wonders and performing many functionalities in one place.

Why NORQUE is different

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Unlike the cryptocurrencies outlined above that spiked in value after generating a buzz — only to fall from grace — NORQUE genuinely provides value for its users. that a barrier to cryptocurrency adoption is that they’re considered to lack intrinsic value, and NORQUE hopes to change this. In contrast, NORQUE’s NOQ Token/Coin will be backed by Real Estate and FMCG products, ensuring its value will go up in the markets.

The project is protecting people’s investments from unforeseen circumstances for the first time. NORQUE will provide risk mitigation products, such as insurance for Web3, the metaverse, and cryptocurrencies, alongside physical investments. If this service had existed before, it could have prevented events such as the FTX Collapse by giving all parties involved a way to secure their assets.

How will the project ensure the future of AI and the metaverse
The metaverse is struggling to gain widespread acceptability. Although several celebs and brands — like Gucci, Snoop Dogg, Daler Mehndi, and Warner Music Group — have already bought land in the metaverse, many are unsure about the viability of this investment. Therefore, the virtual land investment trend has struggled to gain traction.

People know that these kinds of virtual offerings can be hacked or affected by viruses and malwares easily, leading to the investments’ value becoming zero overnight. This made the future of metaverse uncertain — but NORQUE offers a solution that was designed specifically to address these concerns. It provides insurance for investments, allowing investors to embrace the metaverse without the usual tensions. The project is led by a team of technical masterminds, artificial intelligence experts, and financial market professionals from across the globe. Rumours suggest the project is also backed by the Illuminati society.

As an EU-registered project with the relevant licenses to run a virtual assets business, NORQUE has the credibility needed to disrupt traditional financial services and boost the acceptance of blockchain. The team has already applied for Certik certification, which will give the project further legitimacy and boost investment potential. Analysts predict that the value of the project will rise by 250-300% once NORQUE obtains the certification.

Many top media giants are already covering the NORQUE at the beginning of the journey.

Offerings of NORQUE
NORQUE promises to be game-changing for the blockchain, cryptocurrency and metaverse industry, but the protocol offers so much more. It will have a coin/token, known as NOQ, which people can use to purchase insurance policies or other items. The coin is also backed by real assets, including real estate and FMCG, which helps it to retain value. In contrast, USDT was an algorithmic stablecoin, which made its value more precarious and less tangible.

The NORQUE Universe is going to offer the first application ever to allow payment via cryptocurrency, in this way, by using this application, people can make instant cross-border payments and convert to any currency without the exorbitant exchange rates involved in fiat currency exchanges. It will also offer a more inclusive environment that doesn’t exclude people who can’t access a traditional bank account.

Plus, NORQUE has its decentralised exchange (DEX) and centralised exchange (CEX), where people can convert between different cryptocurrencies to buy relevant products or services and can do trading with peace of mind. This will allow NORQUE to integrate with other metaverses or blockchain protocols. Before a new cryptocurrency is allowed onto the centralised exchange (CEX), it needs to spend a fixed amount of time on decentralised exchange (DEX) to prove it is worthy of inclusion.

Forget bot trading — NORQUE DEX and CEX will offer trading via artificial intelligence (AI) and machine learning (ML), allowing traders to take calculated risks. They can also cover themselves during risky trades using NORQUE risk mitigation services. This makes the whole environment risk-free, and therefore loss-free.

The tech driving Norque

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NOQ coin/token is built on Binance Smart Chain (BSC), a blockchain technology that allows developers to build decentralised finance (DeFi) applications. It boasts low fees, fast transaction times, and high performance, making it feasible for users and developers alike. Plus, BSC is part of the respected name of Binance, one of the biggest blockchain companies in the world.

The NORQUE protocol is also going to develop its blockchain technology, with low transaction fees and the capability to process millions of transactions per second. It will also have its security infrastructure and use artificial intelligence (AI) and machine learning (ML) capabilities to take blockchain technology to a whole new level. All the tokens/coins offered by NORQUE have the interoperability feature, which means that once NORQUE’s revolutionary blockchain is ready, its holder can migrate data and assets from other blockchains.

It also uses AI, which is a huge growth area. For example, Apple has invested millions of dollars into generative AI. But while many businesses (such as Apple) are yet to find a tangible use for AI, NORQUE has found a way to use the technology to genuinely improve peoples’ lives. It combines security, usability, accessibility, and sustainability all in one — blockchain projects have historically had to compromise at least one of these elements, which is why many have failed to reach full acceptance.

The future and acceptance of crypto, blockchain, and the metaverse depend on NORQUE
The history of blockchain, cryptocurrencies, and the metaverse may have centered on projects that spiked in value at first and ultimately crashed due to poor usability, but projects like NORQUE show that things don’t have to be this way.

This revolutionary project demonstrates how blockchain technology has the potential to offer real solutions, such as risk mitigation and insurance claims. As a result, it could prove to be bigger than past protocols like Ethereum and Bitcoin — and ultimately lead to greater mainstream acceptance of the blockchain from governments and the wider public.

How to participate in the revolutionary project:

Key Project Offerings:
1. Insurances for all your needs from virtual assets to any kind of investment, trading, and everything.
2. Secured, artificial intelligence and machine learning enabled blazing fast Blockchain, capable of doing millions of transactions in seconds.
3. Risk mitigation offerings.
4. First payment application with real-time crypto to fiat conversion and instant payment from groceries to anything.
5. Artificial intelligence and machine learning enabled decentraliszed exchange and centraliszed exchange.
6. Universe first token with real usability and backing of real estate and fast moving consumer goods, market.
7. Services for existing insurance companies.

Note: Norque is the project name and the token/coin name is NOQ

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