Metaverse ETP (ETP)

9 Articles 6 Followers

Metaverse is a blockchain platform that wishes to connect the real world with the capabilities of smart contracts to help facilitate asset transactions for socio-economic needs. Launched in 2017 by Eric Gu, Chen Hao and Michael Jiang, Metaverse calls itself “a blockchain project that provides a foundation infrastructure for social and enterprise needs.”

Using oracles to connect digital assets and smart contracts with digital identity (what the team calls “avatars”), the platform hopes to gives users a range of options that come with smart contracts and a decentralized reputation system. Users can generate and distribute their own cryptocurrency and the smart tokens the team says will solve the problem of liquidity. The team also envisions the platform as a Blockchain-as-a-Service (BaaS) project that lets businesses easily build blockchain networks and applications.

There are 4 main elements to the Metaverse architecture: Digital assets (Metaverse Smart Tokens), digital identities (avatars), oracle intermediaries and the on-chain exchange. These together allow users to create smart-contract based relationships between stakeholders that the team says will “that will transform human society and allow us to enter the New Reality.”

There isn’t much in the way of details on the development progress of the platform. However, it is known that 2019 has brought two major developmentsL integration with the SWFT wallet and the launch of “Pillars of Creation” on the testnet, which trials a Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithm. As 2020 arrives, the team will focus on smart contracts, digital identities and functioning as a Blockchain-as-a-Service. 

The Metaverse: How It's Going to Change the Way We Live and Work

20 Feb 2023 2 minute read 0 comments dragonworld

  The Metaverse is a term used to describe a virtual world where users can interact with each other and digital objects in a way that feels like the real world. While the idea of the Metaverse may seem like science fiction, it's quickly becoming a re...

Building Bridges In Crypto: Lessons In Innovation

13 Jan 2023 1 minute read 0 comments InsideCrypto

Hi everyone, we are back with another episode of our podcast allowing you to meet the people working behind the scenes of the crypto industry. Today we are joined by CEO and Co-Founder, Hany Rashwan, and nothing more needs to be said 🙂 Welcome...


29 Nov 2021 3 minute read 0 comments BordBorg

5 QUICKLY SIMPLE THINGS TO KNOW ABOUT THE METAVERSE A lot of people have tried to explain their own definitions about the metaverse. If the idea is new to you, it may help to understand some of the properties you can expect from a metaverse. FIRST OF...

BitCountry - Crowdloan (Pioneer) Metaverse -100% diamond!

2 Nov 2021 1 minute read 0 comments dimonbuton

  Hello everyone!I wrote about this project for a long time, many did not know about it, now the meta-universes are on everyone's lips.   You can read the old article or start a quick look:

A Guide on How to Explore ETPs in the Crypto Space

21 Jul 2021 3 minute read 0 comments Justino

There are several ways to invest our money and cast our bread over many waters in the crypto space. An investor may decide to invest money directly by learning about the various cryptocurrencies and crypto assets that there are. He/she may also decid...

CoinShares launching an exchange-traded bitcoin product (ETP) on Swiss stock exchange

19 Jan 2021 1 minute read 0 comments Keith Thuerk

CoinShares launching an exchange-traded bitcoin product (ETP) on Swiss stock exchange   Who is CoinShares? Digital asset management firm CoinShares is a European digital asset investment firm.  You might recall that in June of '20 CoinShares partnere...

Deutsche Boerse to List Bitcoin ETP

10 Jun 2020 1 minute read 3 comments Abhimanyu Krishnan

The ETC Group is set to have a Bitcoin Exchange-Traded Product (ETP) listed on Xetra, a trading platform owned by Deutsche Boerse. The ETP, listed under the name Bitcoin Exchange Traded Crypto (BTCE), will be listed with the help of HANetf. The ETP i...

Is Metaverse (ETP) A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

18 Dec 2019 6 minute read 6 comments CryptoBoomer

The world of blockchain was changed completely when Ethereum became known to the public. Different from the previous-gen of blockchains where most cryptocurrencies were just sent for cross-border transactions, Ethereum enabled a world of possibiliti...

What Is Metaverse (ETP)? - [A Comprehensive Guide to Understanding Metaverse]

18 Oct 2019 6 minute read 3 comments Mr.CryptoWiki

The world of smart contracts and dApps (decentralized apps) are full of similar blockchain projects trying to compete for the same piece of cake. When Ethereum became popular, it successfully “transformed” the use cases of cryptocurrencies. Many year...