WHAT IS THE MEGAHOOT VAULT?
The MegaHoot Vault is a dual purpose platform where the continued development is increasing the utility of the platform within the MegaHoot ecosystem. This continuous evolution is allowing for the Vault to be much more than a secure holder of cryptocurrency but also a repository for various types of digital assets ranging from digital documents and digital art to non-fungible tokens and more to come.
One part of the MegaHoot Vault is the Cryptocurrency Index, this is a listing of various cryptocurrencies, their pricing, volume, circulating supply and other useful information for the general public. This information is given as a courtesy to members and visitors of the MegaHoot Vault alike.
The main part of the MegaHoot Vault encompasses an end to end encrypted network that was specifically developed for digital assets to be held across the entire MegaHoot ecosystem. This allows for a member to hold their digital assets such as the XMG Coin, Pecu Novus Coin, virtual backgrounds and overlays for VeroHive, sensitive DocuMega documents, digital artwork and other digital assets for gaming in the near future all in safekeeping. Due to the Vault being blockchain enabled every digital asset deposit that is made into a members vault registers on their own blockchain as well as the blockchain of the digital asset.
The digital safekeeping box is what allows MegaHoot members to place their digital assets in cold storage and keep them protected. The safekeeping box can hold digital documents, digital art, NFT’s, approved crypto assets and more over time.