What Is Metaverse (ETP)?
In essence, Metaverse looks to build a blockchain infrastructure that will act as a foundation for the needs of social and enterprise projects. It is developing a blockchain that will enable the low-cost, convenient transfer of data and assets between private users, companies, and other establishments through the use of smart contracts. Ultimately, the aim is to develop an ecosystem using blockchain technology to improve human society towards the New Reality.
The Entropy (ETP) Token
While Metaverse uses the ETP token represents the main token for the platform, granting users access to the whole network and offering primary utility functions. It derives its value from the market demand and the development of the Metaverse ecosystem while overseeing key functions for the project, such as the issuance of MST, Metaverse Smart Tokens. ETP tokens have been designed to be just as secure as the Metaverse blockchain, making use of an elliptic curve digital signature algorithm.
What Are The Advantages Of Metaverse?
In order to secure the network, Metaverse makes use of a combination of three different consensus mechanisms: Proof of Work (PoW), Proof of Stake (PoS), and Delegated Proof of Stake (DPoS). These are broken up into different phases for easier management.
Then, there is the decentralized exchange platform that forms the core of the project, allowing users of all kinds to freely exchange their assets. Alongside this, there is a digital asset registration service and mediation service called Oracle that operates on a decentralized reputation system. These services are the key to how Metaverse links together with the real world.
The three token approach also offers advantages. Each one plays a different role in the Metaverse ecosystem, with ETP granting access and providing utility. MST was developed as a way for the project to provide interoperability between the Metaverse and Ethereum networks. It can also be used for collateral. Then there is MIT, which is used for the creation and claim of ownership for digital assets. Making them un-fungible.
Metaverse (ETP) will be Listing on Atomars
Metaverse (ETP) has announced that it will be listing on Atomars with the trading pairs ETP/BTC, ETP/ETH, ETP/USDT.
Atomars is the new digital asset trading platform designed to unite the worlds of fiat currencies and cryptocurrencies. Cryptocurrencies are becoming more attractive to bad actors, which is why Atomars is aiming to make crypto trading safer and more secure for all users worldwide. This is possible through their multi-layer security system that combines separate servers, 2-factor authentication, cold storage and more. Right now, Atomars exchange supports all the major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and more. The Atomars mobile app offers a complete set of tools for all traders’ needs, allowing for trading on the go. The exchange platform is currently working on plans to introduce fiat currencies so stay tuned.