Metaverse ETP ETP Price

What is Metaverse ETP (ETP)?

Metaverse ETP: Navigating The New Reality in Blockchain

Metaverse ETP (ETP) is a pioneering public open-sourced blockchain project founded in China in 2017. With four successful years of operation, Metaverse aims to establish a foundational infrastructure for both social and enterprise needs. At the heart of its mission is the creation of a revolutionary universe where digital assets and identities form the basis for secure and transparent asset transactions.

The New Reality Unveiled

Metaverse's commitment to driving blockchain technology adoption is evident in its developer-friendly tools and user interfaces, designed to empower both technical and non-technical users. The platform focuses on Digital Assets, Digital Identities, and Smart Contracts, providing easy-to-use development kits that pave the way for the future of finance and the digital economy.

A notable achievement is the implementation of a dual-consensus block production mechanism through the Hyperspace Blockchain, combining Proof-of-Work (PoW) and Proof-of-Stake (PoS) for low latency and heightened security.

Introducing The New Metaverse Platform

In a bold step forward, Metaverse introduces The New Metaverse Platform, the next evolutionary layer of blockchain technology contributing to the decentralization of the ecosystem. Leveraging the Substrate modular framework, the platform ensures higher scalability, long-term expansion, and seamless connectivity for decentralized applications and services.

Why Substrate?

The adoption of Substrate offers a modular development framework, enabling Metaverse developers to utilize core Distributed Ledger Technology (DLT) primitives adapted to the platform's specific needs. The platform's custom implementation includes a Metaverse Virtual Machine (MVM), compatible with Ethereum, allowing Solidity code to run on the Metaverse Hyperspace Blockchain with lower execution and transaction costs.

Self-Sovereign Digital Identity

Incorporating a Decentralized Identifier (DiD) pallet, Metaverse enhances its self-sovereign digital identity tools. This modular framework significantly boosts the versatility of the DiD solution, enabling the addition of on- and off-chain attributes. Notably, it allows digital identities to sign off-chain transactions, providing flexibility in leveraging off-chain information.

Substrate: The Engine of Innovation

Substrate, the modular framework employed by Metaverse, operates in three ways: Substrate Node, Substrate FRAME, and Substrate Core. This flexibility allows developers to create and run their own blockchain, develop customizable library modules, and fully express their creativity without relying on existing frameworks.

Achieving Interoperability

Metaverse emphasizes interoperability, enabling anyone to build and deploy smart contracts on the platform using popular tools like MetaMask, Remix, and Truffle. The support for Solidity and EVM bytecode ensures compatibility, inviting talented developer teams from the Ethereum community to explore and contribute to Metaverse's evolving functionalities.

Founders and Visionaries

Established in 2017 by Eric Gu and Hao Chen, Metaverse stands as a front-runner in decentralized, open-source platforms for digital asset architects. Their vision encompasses a transformative journey into The New Reality, where blockchain technology seamlessly integrates into both business and daily life, guided by principles of decentralization and innovation.

In conclusion, Metaverse ETP continues to forge ahead, propelling blockchain technology into uncharted territories. The New Metaverse Platform, built on the robust Substrate framework, is set to redefine the landscape of decentralized ecosystems, promising a future where digital assets and identities lay the groundwork for a truly interconnected and transformative reality.

What is unique about Metaverse ETP (ETP)?

Metaverse ETP stands out for pioneering a New Reality in blockchain, leveraging the Substrate modular framework for scalability, interoperability, and a dual-consensus block production mechanism, blending Proof-of-Work and Proof-of-Stake for enhanced security.

Who are the founders of Metaverse ETP (ETP)?

Metaverse ETP was established in 2017 by visionary founders Eric Gu and Hao Chen, who have been driving the platform's success in creating a decentralized, open-source ecosystem for digital asset architects.