Sidus (SIDUS) is a cryptocurrency launched in 2021, operating on the Ethereum platform. It is the gaming token for the SIDUS HEROES platform, a Web3, space-based gaming metaverse that utilizes AI technology and features multiple game studios, unified lore books, and a common economy across all its titles. The token is used for in-game and out-of-game services, allowing players to invest in infrastructure and purchase items within the game. It also has a mechanism for burning tokens through in-game spending, which permanently reduces the token supply.
The SIDUS token is the native utility token of the SIDUS ecosystem, primarily used in various game operations. Key use cases include:
- Labor Market: SIDUS is used for transactions and operations within the labor market.
- Transactional Fees: It is used to pay fees for transactions within the ecosystem.
- Upgrades: The token is required for upgrading NFT Heroes and other in-game assets.
- Infrastructure Construction: SIDUS is used for building and maintaining infrastructure within the game.
- Marketplace Operations: It facilitates transactions and operations within the in-game marketplace.
- Replication: The token is used for replicating assets and items.
- Wrapping NFTs: SIDUS is required for wrapping NFTs.
- Resource Exchange: It enables the exchange of resources within the game.
These use cases contribute to the token's utility and value within the SIDUS ecosystem, making it a vital component for players and investors alike.
To store Sidus (SIDUS) tokens securely, it is recommended to use a cold wallet, which is a wallet that is totally offline. There are two types of cold wallets:
Paper Wallet: This is a simple and cost-effective option. You can generate a public and private key offline using a program and print them on a piece of paper. The keys are printed in the form of QR codes, which you can scan for future transactions. Store the paper in a secure place to protect your assets.
Hardware Cold Wallet: This is a physical device where you can store your cryptocurrency. Your crypto addresses and keys are kept in a USB drive device, and only the person who possesses the USB drive can access the assets. Most people prefer hardware cold wallets, especially for storing a large number of coins or tokens.
To buy Sidus (SIDUS) tokens, follow these steps:
Create a Crypto Wallet:
- Choose a reliable crypto wallet that supports the blockchain where SIDUS is listed. Popular options include Coinbase Wallet, MetaMask, and Trust Wallet. Download the wallet extension on Google Chrome or the wallet app from the iOS App Store or Google Play.
- Set up your wallet by creating an account, providing personal information, and selecting a strong password. Note down your secret recovery phrase or seed words carefully.
Buy a Base Currency:
- Select a cryptocurrency exchange platform and buy a base currency such as Bitcoin, Ethereum, or Tether. For beginners, it is recommended to start with small amounts to avoid risks.
- Be aware of market trends, trading fees, and crypto taxes due to high volatility.
Transfer Funds to Your Wallet:
- Log into your account on the exchange platform and withdraw your base currency to your crypto wallet. Provide your wallet address and the amount you want to transfer.
Choose a Decentralized Exchange (DEX):
- Select a DEX that supports your wallet. Ensure the exchange supports the trading pair you need, such as SIDUS/USDT.
- Compare liquidity and trading fees among different DEXs to get the best pricing.
Buy SIDUS Tokens:
- Connect your wallet to the DEX and select SIDUS from the list. Enter the amount you want to trade.
- Be cautious of scams and ensure you have the correct smart contract address if SIDUS is not listed on the DEX.
Transfer SIDUS to Your Wallet:
- Once you've purchased your SIDUS tokens, you can hold them in your account or transfer them to your personal cryptocurrency wallet for additional passive revenue or trading on other exchanges.
Some popular exchanges where you can buy SIDUS include Gate.io, Kucoin, BitMart, Latoken, and CoinEX.
