Overview

Metaverse is a leading public blockchain based in China and is designed similar to Ethereum and NEO smart contracts platforms. It is designed to provide services related to blockchain technology to individuals, businesses and even government entities.

Metaverse helps in low-cost and convenient transfer of digital assets, digitized personal data with utmost security and privacy. It aims to replace and revolutionize the financial sector and the way transactions are processed with a network of Digital Assets, Digital Identities and Oracle Intermediaries. Metaverse markets itself as a B2B and B2C platform where it can simplify and aid development process.

ETP is the token for Metaverse and is used to value digital contracts and assets in the platform or as collateral in any financial transactions. ETP is used to pay transaction fees and other fees applicable to the Metaverse platform.

Key Features

Digital Asset Registration: It helps in owning your digital assets on-chain securely while enhancing its market value and also efficiency.

Digital Identity: Helps in building a digital identity and connecting people on the network where records last permanently.

Oracle Intermediaries: Value intermediaries establishes the link between the physical world and virtual digital world. Oracle intermediary services are built upon a decentralised reputation system and act as a link between Metaverse and the real world.

Decentralized Exchange: The Metaverse platform allows exchange and transfer of digital assets in a freely and with ease paving the way for the internet of value.

Token Details

Its token ETP represents the right and interest of the Metaverse platform and its security is guaranteed by the Elliptic Curve Digital Signature Algorithm (ECDSA).

Total Supply: 100 million coins

Smallest Unit: 0.00000001 ETP

Distribution

ICO Investors: 25 million

Metaverse Foundation: 25 million

Miners: 30 million

Block Time: 24 seconds

Difficulty Retarget: As per network computing power

Block Reward: 3 ETP per Block and decreases by 5 percent after every 500,000 blocks

Applications

Zen Gold: It creates crypto assets that are backed by physical gold and can traded and exchanged anywhere in the world. The platform is very secure and unmutuable on Metaverse blockchain

ZenAir: It aims to become the world's first OTA resource platform constructed on blockchain technology and plans to revolutionize the OTA industry through introduction of Metaverse's unique smart contract platform.

It has also patnered with Russia's KICKICO and Crypto Investment Bank CyberTrust to take over the ICO market in China and Russia.

Key Members

Eric Gu: CEO and Founder

Hao Chen: CTO and Co-founder

Janice Shi: Head of Global Development

Conclusion

Metaverse is a leading public blockchain platform based on the PoW consensus mechanism. It facilitates low cost, secure and private transfer of digitized asset and data on the blockchain. The platform is very similar to that of Ethereum and NEO which issues smart contracts on Blockchain.

Key Links

Website: https://mvs.org/

White Paper: http://newmetaverse.org/white-paper/Metaverse-white-paper-v2.1-EN.pdf