Continuously empowering core assets, MEER’s practical value scenarios

Qitmeer Network
5 min readDec 16, 2023

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🌐💎Qitmeer Network is committed to building a more open, transparent, fair, and innovative digital world. Throughout our evolving journey, MEER has consistently been our core asset.

MEER: Not just assets

MEER is not only the governance and application core asset of Qitmeer, its value extends far beyond this scope. Its multiple practical uses make the Qitmeer network more powerful and flexible, covering multiple fields such as governance, transactions, and applications, providing users and developers with more choices and possibilities.

MEER’s economic model and value scenarios

🔺MEER is the core asset of the Qitmeer Network, with a total supply of 210.24 million, similar to Bitcoin’s BTC and Ethereum’s ETH. It will serve as the fuel for the application development ecosystem, and as the ecosystem thrives, the value of MEER will continue to grow.

Diversity of application value

🔸MEER plays a crucial role in the Qitmeer Network, serving as both the driving force for developers to build applications and the value carrier for users accessing various services. By using MEER, users can gain a better understanding of the consumption and value of network resources.

Developers need to use MEER to pay for the development and deployment of their applications. By paying MEER, developers get access to network resources and support, enabling them to better build and promote their apps.

In addition, when users use various services on the Qitmeer Network, such as calling smart contracts, conducting DApp transactions, or settling accounts, paying with MEER ensures that they can seamlessly access various services and enjoy the value provided by network resources and services.

Continued Empowerment for Future Ecosystem Development

Qitmeer Network, as a highly scalable, inclusive, and open new generation of high-performance public blockchain, not only focuses on long-term development in the design of its core assets, but also values the interests of holders.

The design of this economic model has laid an important foundation for its stable development. Therefore, Qitmeer Network is also actively laying out multiple sustainable development tracks in the future. We clearly know that only the ecological prosperity of the public chain can continuously promote the upward trend of core assets.

This year, Gartner, the world’s leading information consulting and research firm, announced on its official website that by 2026, over 80% of enterprises plan to integrate AI into their applications. However, in 2023, the seemingly prosperous AI market will only have less than 5% of the proportion. This number shows that AI will rise rapidly in the next few years compared to the future.

🔹This year marks the official launch of DimAI, an all-in-one AI creation platform based on the Qitmeer Network. In the future, DimAI aims to establish itself as the world’s first AI network on Qitmeer Network’s layer2, positioning itself to embrace the multi-billion-dollar market explosion of the AI economy.

As the pioneering product that combines blockchain technology with AI, it is foreseeable that, with the comprehensive outbreak of AI, even currently less mainstream WEB3 enterprises would be sufficient to propel DimAI to a considerable scale. Moreover, considering the ongoing integration of the blockchain industry into traditional sectors in the future, MEER, as the main chain asset, is naturally expected to steadily rise in this significant context.

Moreover, the DimAI platform not only focuses on AI creation but also provides an all-in-one NFT platform service.

📣In the future, users can easily create paintings, music, videos, and other works on the DimAI platform and convert them into NFTs with just one click, truly owning these creations. Simultaneously, the NFT exchange platform Woowow, based on the Qitmeer Network, is set to launch soon, providing a perfect solution for the circulation and copyright issues of digital works.

The holistic development of the Qitmeer Network has always been a significant goal. Recently, numerous development teams have communicated with us expressing their interest in collaborating with the Qitmeer Network to jointly develop projects related to GameFI, social platforms, and metaverse.

However, we have observed that many teams face limitations in product design, technical capabilities, financial design, or funding, resulting in their products remaining in the design phase. Therefore, we will strive to provide developers with more support in terms of technology, community, and funding to assist them in better refining their products.

🔰In addition to supporting AIGC, we are actively exploring various applications of MEER in the blockchain space.

For example, we are in close collaboration with a gaming team that is developing a game platform on the Qitmeer Network, expected to launch next year. Simultaneously, we have reached a basic consensus with a metaverse team and are deeply discussing product design details, planning for an official launch in 2024. Furthermore, we are continuously expanding into more ecosystem types, such as the currently popular domain of inscriptions. We collaborate and communicate with professional teams and developers to establish a rich and comprehensive ecosystem.

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We are committed to expanding the on-chain ecosystem of the Qitmeer Network and enhancing the application value of MEER. This effort aims to establish a solid foundation for the widespread adoption of the Qitmeer Network and contribute to the overall development of the blockchain industry.

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Qitmeer Network
Qitmeer Network

Written by Qitmeer Network

Qitmeer Network is the next generation payment network infrastructure based on BlockDAG technology.

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