Metaverse ETP (ETP)

Metaverse ETP (ETP) is an open-source decentralized platform for programmable digital assets and digital identities. Built on Substrate, it offers advanced architecture for secure and easy creation of digital assets and digital identities. The platform focuses on interoperability, allowing users to build smart contracts and deploy them to the Metaverse chain using tools like MetaMask, Remix, and Truffle. With support for Solidity and EVM bytecode, smart contracts on Metaverse are compatible and versatile.

Security is a key aspect of Metaverse ETP, employing Proof of Work (POW) for block authoring and Grandpa finality. The entire network validates each block, eliminating the need for a voting or validating committee through Proof of Stake (POS). This approach mitigates 51% of attacks and provides a uniform distribution of mining rewards to stakeholders and investors. Additionally, the platform embraces scalability by utilizing the Substrate modular framework, enabling long-term expansion and compatibility with decentralized applications and other independent blockchains.

Metaverse ETP offers various features to activate and enhance the Metaverse ecosystem. It introduces Metaverse Smart Tokens (MSTs), trust-free, traceable, and decentralized smart properties that can be registered, transferred, issued, used as collateral, or burnt. The platform also enables the creation of digital identities through avatars, leveraging self-sovereign identity ledgers on the Metaverse blockchain. Users can securely manage personal data and credentials, anonymously sharing them with third parties. Metaverse Identifiable Tokens (MIT) also provide token standards for the transfer, ownership, and information of non-fungible items like artwork or collectibles.