PHYSIS is a Metaverse project built on the unique concept of blending our physical and virtual realities through an Extended Reality (XR) experience. This community-owned, human-centric development is based on a multi-chain capable Proof-of-Dimension (PoD) mechanism that enables the creation of an infinitely scalable space. This space is designed to support any form of interaction, thereby bringing a new level of immersion and interactivity in the digital realm.
About the Core Construct
The fundamental building block of PHYSIS, known as the 'Core Construct', integrates three equal and all-inclusive components–Physical, Virtual, and Personal. This unique structure allows the Proof-of-Dimension mechanism to maintain a comprehensive reality, aligning the digital with the physical world.
The PHYSIS (PHY) Utility Token
Operating as the primary currency in the PHYSIS ecosystem, the PHYSIS (PHY) utility token is used for a variety of purposes. This includes general trade, service payments, transaction fees, and even voting within the ecosystem. Through various activities such as maintaining Proof-of-Dimension via apps, mining via 'Astralis,' or running 'Operator' nodes, users can earn PHY tokens.
PHYSIS aims to bridge the gap between virtual and physical spaces, thereby creating a free-flowing commerce system within any reality. This goal has led to the development of PHY as a Metaverse-based payment system that is designed to serve any reality.
The Evolution of PHYSIS
Initially launched as a native network focusing on health and wellness in 2018, PHYSIS has undergone an evolution to fulfill its far-reaching goals. This evolution saw the project maintain its original Peer-to-peer functionality, codenamed DRIFT, while leveraging well-established networks and their ecosystems.
In line with a strong Web 3.0 ethos, PHYSIS is governed by a diverse group comprising Users, Creators, Operators, and Developers. The primary objective of this evolution is to foster an open, progressive, and decentralized Metaverse space to serve a global community.
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