Metaverse (ETP) logo with city in the background illustrating Metaverse's dream of digitizing cities.[caption]
Metaverse (ETP) token have increased by more that 325% in the last month! Just over one year ago the Metaverse platform was launch for public use and at that time the price of the token $6 USD. But like just about all cryptocurrency tokens, ETP started to lose value rapidly after its launch and ETP was only valued at $0.4 USD one month after launching. However, for those people who believed in the project and were seeking longterm rewards from investing in the platform, it looks like you will be reaping those rewards soon.
Metaverse is an open-source public blockchain that aims to provide digital assets and digital identities. The platform wants to accomplish its goals through a new idea called BaaS which mean Blockchain-as-a-Service. BasS will make convenient, secure digital financial services accessible to all Internet applications at virtually no cost. The platform was founded by Eric Gu in 2016 and went live in February of 2017. Metaverse hopes the do their part in changing the world for the better by using the blockchain to execute their vision of "The New Reality."
The Metaverse team foresees a world were everything is digitize and are stored and operated virtually on the blockchain. Bitcoin has already proven that money can be digitized, now the question is: "what else?" what bout other assets and properties like Gold and people identities, can we also digitized those too? Metaverse believes that we can do just that and will be the first platform to attempt to do it. Metaverse has four main categories that it aims to digitize in the near future: Digital Assets (MST), Digital Identity (Avatar), Oracle Intermediary and On-chain Exchange.
Visual illustration of Mataverse's four main categories of digitization:Digital Assets (MST), Digital Identity (Avatar), Oracle Intermediary and On-chain Exchange. source: metaverse[caption]
Digital Assets (MST)
Digital assets (Metaverse Smart Token) on Metaverse blockchain are trust-free, traceable and immutable decentralized smart properties that can be freely registered, transferred, issued, deposited, used as collateral and burnt.
Digital Identity (Avatar)
Digital identities are self-sovereign identity ledgers on the Metaverse blockchain. Digital credit is created through interactions with assets and other identities.
Oracle Intermediary
Oracles are service providers with digital identities. Rather than decentralization, Metaverse integrates intermediaries into the blockchain, providing rapid and transparent supervision.
On-chain Exchange
Metaverse allows value to be exchanged freely and easily. Control of assets is returned to the user, preventing asset theft.
Metaverse has a dream to digitize the world and all its assets and properties, and for those of you that believe in this dream, this is your chance to invest it that dream while its still sleeping. In my opinion, Metaverse is a sleeping giant that is hugely undervalued. The future is definitely getting more and more digital, and the blockchain will surely place a big part in securely digitizing the world, Metaverse is just the first to see this coming!
Do you think that Metaverse (ETP) is undervalued? leave your comments below.
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