GateLive AMA Recap-The Root Network

2023-12-15, 06:51

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![](https://gimg2.gateimg.com/image/article/1702623918rootblog.jpeg)
## Tell us more about what The Root Network is and what problems it solves that other blockchains haven’t yet.
**Aaron McDonald (CEO of Futureverse):**
As you have mentioned The Root Network has been designed as the hub of the open metaverse.

Lots of people have talked about the idea of an open and interoperable metaverse of applications and content but no one has delivered that yet.

The Root Network is purpose built to solve that problem and make the ideas we see in movies like Ready Player One come to life. Helping content that lives on any chain become interoperable with any application.

Beyond interoperability The Root Network has focused very hard on solving common UX problems for new users to Web3.
Truely scaling web3 requires UX to mirror the simplicity of the web2 world. The Root Network core runtimes and patented technology is designed to make it simple and safe for mass adoption.

Lastly The Root Network is designed with all the tools game and content developers need to enable web3 already built in.
This means that these developers don’t need to build smart contracts or understand about web3 in order to build on The Root Network Safely.

In fact the futuerverse team has already partnered with Emergence to integrate core features to 40,000 unreal and unity developers.

We are proving this stuff works at the Futureverse by building on the root network with the worlds largest brands and most loved IP.
## Can you explain the- tokenomics model of The Root Network.
**Aaron McDonald (CEO of Futureverse):**
The Root Network has a unique Tokenomics model. Built with user experience in mind The Root Network supports an “Any Token Gas Economy” allowing projects to pay fees on behalf of users and users to pay in the native token of their project. Those tokens are automatically converted to <a href="/pt-br/price/xrp-xrp" target="_blank" class="blog_inner_link">XRP</a> the default GAS token of The Root network.

All GAS paid on the network and any fees earned by things like the In built network DEX, the inbuilt NFT runtime and other network based runtimes are collected in a pool and are distributed as block rewards.

In this way The Root Network not only pays block rewards in fees for transactions but for a whole range of additional network activity. Providing the opportunity to earn rewards from all the apps being built on The Root Network.

The Root Network uses ROOT tokens to stake and provide network security and governance those who Stake ROOT tokens will earn VORTEX tokens which contain all the fees the network collects.

In the first reward cycle those who staked earned more than 361,714 XRP along with ROOT, ETH, ASTO, SYLO and other tokens that had been used to pay fees.
## Why was it important to integrate TRN to XRPL and what role does XRP play in the economy?
**Aaron McDonald (CEO of Futureverse):**
The Root Network is integrated into XRPL in several ways we have a direct bridge to XRPL , XRP is the native GAS token and Block Rewards are paid in XRP.

The Root Network has also implemented the XLS-20 NFT standard
This integration allows those who are in the XRP community to use XRP on The Root Network or a whole range of new applications and smart contracts.

Futureverse has also Partnered with Ripple to help them grow the XRPL ecosystem in content rich applications.
## Who is the Futureverse and how are they building on The Root Network?
**Aaron McDonald (CEO of Futureverse):**
Futureverse is a Media Tech unicorn with 300 people in 16 countries around the world. They started the open source project that The Root Network is based on.

Futuerverse builds AI technology that powers rich content experiences with the largest brands in the world across Music, Gaming, Mass Media, Consumer goods and Culture
## What are the best ways to get involved with The Root Network community?
**Aaron McDonald (CEO of Futureverse):**
If you’re developing a new project check out our Born Ready Base Camp program.

Lastly one of the best ways to get started is to check out the FutureScore Quest program which rewards community members for interacting with the Root Network , Games, partner applications and more. Just sign up for your future pass and check out upcoming quests.

<div class="blog-details-info">
<div>Author:** GateLive**, Gate.io Team
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
</div>

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