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What is SOULS

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1. What is souls?

Introduction to SOUL Cryptocurrency

SOUL is a cryptocurrency based on blockchain technology, with specific information as follows:

  1. Soul Labs Integrates LayerZero: Soul Labs has announced the integration of LayerZero to enable native asset lending across multiple chains.

  2. Overview of SOUL Coin: SOUL is a cryptocurrency with a total issuance of 99999.9 million SOUL.

  3. Blockchain Technology: SOUL is based on blockchain technology, offering the functionalities of traditional currency while incorporating unique features.

  4. Goals of Soul Labs: The goal of Soul Labs is to enhance the use cases and flexibility of cryptocurrencies through the integration of LayerZero for native asset lending across various chains.

Please note, the above information does not pertain to the price of SOUL.

2. Who founded souls?

According to the provided information, SOUL (Soul Coin) is a cryptocurrency launched by a blockchain project named Phantasma. Therefore, the founders of SOUL are the Phantasma team.

3. Which venture capitals invested in souls?

According to the provided information, Soul Labs (associated with the social metaverse platform Soul) has announced the integration of LayerZero for native asset lending across multiple chains. However, the specific information regarding which venture capitals have invested in the Soul cryptocurrency is not clearly mentioned in the provided search results.

The information provided mainly discusses the financing situation and development strategy of the social metaverse platform Soul rather than the investment details of the Soul cryptocurrency. For instance, Tencent injected $135 million into Soul through its subsidiary Imaginary Architecture Investment (Hong Kong) Limited, followed by a joint investment of $177 million with miHoYo. This information primarily focuses on the financing of the social platform Soul, rather than the investment in the Soul cryptocurrency.

Thus, based on the provided information, it is not possible to determine which venture capitals have invested in the Soul cryptocurrency.

4. How does souls operate?

Operation Principles of SOULS OF META (SOM) Cryptocurrency

SOULS OF META (SOM) is a cryptocurrency based on blockchain technology, and its operating principles are as follows:

  1. Decentralization: SOM is a decentralized cryptocurrency, meaning that no central authority can control it. All transaction processes are open and transparent.

  2. Security: SOM is designed with a focus on security. Each transaction is verified and a series of complex cryptographic operations protect user assets.

  3. Transaction Records: SOM uses blockchain technology to record all transactions. These records are transparent, traceable, and immutable.

  4. Application Scenarios: SOM can be used in various scenarios such as trading, staking, and payments. Users can profit by trading SOM at high and low prices on exchanges or earn returns through staking or lending SOM.

  5. Buying and Storing: Users can purchase SOM through exchanges and store and manage it using a crypto wallet. A crypto wallet is a physical device or online software used to securely store cryptocurrency private keys.

In summary, the operating principles of SOULS OF META (SOM) cryptocurrency are based on blockchain technology, emphasizing security and decentralization, while providing various application scenarios and storage methods.

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