Metaverse ETP $ETP

Metaverse ETP represents a leading, open-source public blockchain primarily based in China. The project is crafted to facilitate low-cost, digitized transfer of personal data and assets, with an exceptional level of security and privacy. The primary goal of Metaverse is to revolutionize financial services and transactions, improving inefficient and outdated identity verification services through its network of Digital Assets, Digital Identities, and Oracle intermediaries.

A Glimpse into Metaverse's Foundation and Infrastructure

Built on a strong belief that blockchain technology is the catalyst for a better future, Metaverse was founded in 2016 and went live in February 2017. The project provides digital assets, digital identities, and Oracles as fundamental infrastructure to cater to both social and enterprise needs. The practice of Blockchain-as-a-Service (BaaS) makes secure digital financial services conveniently accessible to all applications at almost no cost. The main concept revolves around building a network of smart properties and a decentralized exchange to provide a robust, smart, and secure infrastructure.

Key Developments and Features

Metaverse already has decentralized applications (dApps) such as Supernova running on the mainnet. Furthermore, cross-chain compatibility with ERC-20 tokens is on the brink of introduction as part of the project's development roadmap. The Metaverse development ecosystem already boasts a gold-backed crypto trading application on the market, with many more applications under development and anticipated for release before 2020.

Understanding Metaverse ETP

Metaverse ETP serves as a measure of value or a means to collateralize smart contracts on the Metaverse blockchain network. Additionally, it covers the transaction or gas fees. ETP is generated through Proof-of-Work (PoW) mining, but the project is set to introduce a Proof-of-Stake (PoS) model soon. As a versatile blockchain 3.0 solution, Metaverse supports digital identities, assets, oracles, and exchanges. ETP is tradable on a wide array of crypto exchanges, and the current PoW model will soon be supplemented by a PoS hybrid, broadening its functionalities and appeal.