Metaverse (ETP) is an alternative cryptocurrency based in Shanghai, China. This cryptocurrency is based a decentralized model and backed by modern blo
Metaverse (ETP) is an alternative cryptocurrency based in Shanghai, China. This cryptocurrency is based a decentralized model and backed by modern blockchain technology. The currency is created by Metaverse in order to address specific needs that companies, individuals, and institutions have in the modern era. This cryptocurrency features various technologies that are meant to make it an efficient and formidable option in the market. There is also a considerable ecosystem surrounding it which is meant to ensure a healthy growth and development process. Here is a quick look at the cryptocurrency.
Basic Info about Metaverse
Metaverse has been operating for quite a while in the market. This cryptocurrency is designed to be an alternative to Ethereum. To that the extent, the ETP acts as the token which can be used for the normal operations of storing value and facilitating transactions. The coin comes with several unique features that most other coins in the market do not have. Digital asset registration and identity customization are for instance some of the things possible with this cryptocurrency. An efficient decentralized system that allows for the exchange of currency in a secure manner is also at the core of the cryptocurrency’s design. Modern algorithms and improved security features are also prioritized with this alternative coin.
Market Information and Mining
Metaverse has seen a lot of growth since it was first established as a cryptocurrency. In 2017, the figures look quite promising for this coin. Information at Coinmarketcap shows that the market cap for the coin is at over $48 million as of October 2017. While the coin has seen higher figures in previous months, the trajectory of the growth curve indicates that the currency is currently on a rising trend. The value of the coin is a mere fraction of currency bitcoin rates. This, however, does not mean it does not have potential. In fact, the coin enjoys healthy daily transactions volume. The coin is traded in markets like Bitfinex and OpenLedger DEX among a few other exchanges. The coin is mined in a PoW model where a total of 100 million ETP will be issued. The Metaverse Ecosystem and Resources Metaverse (ETP), enjoys a lot of support from its founding company and there are several resources available for the cryptocurrency. To start off, there is the Metaverse Foundation which oversees the general development of the blockchain and ecosystem as a whole. There are also applications like ZenAir and Zen Gold that help users connect with merchants and services like air travel and hotel services. There are several supported Metaverse wallets including a 64bit Windows wallet, an OS X wallet, and a Linux alternative. A source code for the wallet is also provided for users who might need it.
To sum up, Metaverse (ETP) is a formidable alternative currency that has clearly set goals and objectives. This cryptocurrency enjoys the support of an ardent community of developers and investors. With improved security features and a working ecosystem, the coin has a potential of charting new paths in the digital currency world.