Biggest Metaverse ETP ETP Mining Rig
The cryptocurrencies offered the world disruption and path breaking solutions that would transform the face of multiple industries and consequently the world as we view today. While the digital assets are making inroads into various sectors, their underlying technology – ‘Blockchain Technology,’ has proven its worth in multiple verticals in quick time. However, the ledger based technology proponents are yet to realize the full potential and applications of the technology. To explore these possibilities and simplify day to day activities, Viewfin.com – a Chinese company, is introducing Metaverse – the first ever public blockchain in China.
Metaverse aims to enable blockchain-based digital asset management – even more fundamentally, a blockchain-based system for managing our digital lives. Let’s dive into the details of how Metaverse is planning to do so. What is Metaverse? Metaverse is a decentralized world that redefines digital identities and smart assets through blockchain technology.
Within the peer to peer network reside universally unique and self-sovereign identities, which will primarily power all decentralized applications or smart contracts coming afterward. The project imagines a blockchain in which people, organizations, institutions can transact with each other. To authenticate the digital asset transactions on the blockchain, Metaverse plans to introduce intermediaries called Oracle. In essence, Metaverse aims to be the Chinese substitute for Ethereum where the intermediaries will be parties whose vested interest lies in the kind of transaction taking place over the public blockchain. This vision revolves around a couple key insights: • A digital-asset blockchain needs more types of transactions than contracts.’ The language isn’t business-friendly and the approach feels like a pidgeon-holing of unique transactions into general-purpose business logic. Metaverse doesn’t have a pre-defined set of transactions types, but it intends to be flexible.
FairPool Metaverse mining pool. How to mine Metaverse (ETP) Realtime stats Smart variable diff (increasing your hashrate and profits).
• Digital asset transactions need intermediaries on the blockchain. It shouldn’t push them away – it should embrace the trust that their presence confers. Oracles are a form of intermediary, and Metaverse will encourage intermediaries–such as banks, government agencies, foundations, or even individuals–to register as oracles. • For a digital asset blockchain to be successful in China, it must be based in China. The Chinese government has supported Chinese versions of many popular successful businesses based outside of China: Baidu instead of Google, WeChat instead of Facebook, Alibaba instead of Amazon. Metaverse aims to be the Chinese substitute of Ethereum. The blockchain protocol itself is still being finalized.
It will be its own public blockchain. Consensus in the first year after launch will be through proof-of-work mining. The current plan is to transition the blockchain to a delegated proof-of-stake model after this, but the team will wait to see how Ethereum handles its own transition to proof-of-stake in early 2017.
The Three Pillars of Metaverse Avatars (Digital Identity) Through having your Avatar, you have your digital passport to the virtual world where an Avatar can be managed by a physical person or artificial intelligence. It is allowed to own several digital assets. There is a many to many relationship in Metaverse where digital assets can also be owned by many Avatars.
Digital assets Digital assets + Digital identities= Internet of Value. In Metaverse digital assets represents any category of asset that is in the digital form. As digital assets can represent anything, this gives power to communities to value whatever they want. We are moving towards an age that cannot only transfer money but also transfer value. Oracles In Metaverse intermediary institutions (Oracles) are invited on-chain. Viewfin believes that intermediaries will still play an important role in the future.
As of today, critical thinking and logic are not programmable. We still need the intervention of intermediaries to apply sound judgment and verify our actions. The Metaverse ecosystem will rely on Oracles to ensure that all information shared, stored and provided by the members of the Metaverse community is true and reliable. Metaverse ETP (ETP) Token Overview: Current coin Value: $3.68 Market Cap: $83,199,414 Total Supply: 52,244,767 ETP Circulating Supply: 22,600,000 ETP Max Supply: 100,000,000 ETP The token being sold is Entropy, the token that will power Metaverse. It will be similar to Ether. It will be used to register assets, pay fees, establish identity as an Oracle, and value assets on the blockchain.
There are 100,000.000 ETPs in total. It is divisible into 10″ =0.g like Bitcoin. And it is transferable on Metaverse blockchain and secured by ECDSA (elliptic curve digital signature algorithm). The Entropy is NOT claim to be a form of digital currency; rather it is the equity of Metaverse. As a result, the price of ETP won’t pegged to any flat or crypto currencies, including Bitcoin. The Entropy could be used to measure value of smart properties in Metaverse.
Or used as a collateral in financial transactions. And the ETP will be used whenever system fees are applied. Creating a new Smart Property, register a new Avatar, or apply to become an Oracle.
Microinflation The Entropy is the equity of a DAO (Democratic Autonomous Organization), namely The Metaverse. It is NOT a currency, it shouldn’t have inflation at all, but, tokens are always lost for various of reasons, accidents, carelessness, or death. 196 of annual lost rate was predicated by Vitalik Buterin in white paper. To provide sufficient liquidity and to accommodate more smart properties on Metaverse, a micro-inflationary linear issuance scheme is designed.
4 Million ETPs will be added to the circulation each year after the end of POW phase. The initial inflation rate will be 4% annually and trend down gradually towards 1% lost rate Vitalik predicted.
Launch dynamics of Entropy and its performance The Metaverse ICO started on Sept. 5th, 2016, distributed Entropy tokens (ETP) for the investors. 15 – 30 million were distributed during the first ICO, and another 15 – 30 million will be distributed in another ICO after the Metaverse wallet and blockchain are complete. The remaining ETP will be distributed through the proof-of-work mining process. What are the terms? Bitcoin: For BTC, the price for Entropy is 6000 ETP/bitcoin.
The Bitcoin address listed for participating is 16LHvZ11XRsVFkzmD64g11mrfvjzyToDn9. CNY: People can participate with Chinese Yuan with access to the following price tiers, based on how much is contributed. The price tiers also confer additional benefits on the Metaverse platform. Alternately, you can participate through Bizhongchu, an ICO platform in China. The Metaverse Wallet Private Key Thanks to deterministic wallet technology, a user can easily restore her wallet without needing any information and create public addresses without using a private key. Customed Asset The wallet allows the customer to create his own assets from the Metaverse platform and to access all the assets created from the same place.
ETP Address The customer is allowed to create as many ETP addresses as she wants and can conveniently transfer her ETPs. Exchanges OpenLedger ApS Danish Blockchain Company, ApS, has signed a Strategic Cooperation Framework Agreement with, the market leader in Blockchain technology and the developer of Metaverse™, the first public Blockchain in China. This enabled the trading of entropy tokens on the OpenLedger decentralized exchange (DEX).
Currently, at the time of writing this post, each Entropy is being valued a little over $5. Who is the team behind the project? The founder of Metaverse is Eric Gu, an entrepreneur and thought leader in China. He was a co-founder of other blockchain projects, including viewfin.com. ViewFin™ is a market leader in Blockchain technology in China. ViewFin™ has assembled together a team of domestic and international specialists from various industries such as the financial, internet, consulting and Blockchain industries to implement future Fintech applications. Eric is also the main translator of China’s first Blockchain book “Blueprint for a New Economy“.
With better innovation on Metaverse platform and the impending disruptive projects, the platform surely has a bright future ahead. ETP calculator: etp = ETP price: 1 ETP = 1.91000000 USD 1 ETP = 1.55000000 EUR 1 ETP = 0.00021600 BTC.
0 2 0 0 3 0 Metaverse (ETP) is one of the most under-valued coins in the cryptocurrency market. With the recent listing on Bitfinex exchange, it has shown a good sign of recovery.
Is the Metaverse (ETP) worth investing in? Read on and find out. Disclaimer: The content below should not be taken and viewed as investment advice, but only information and opinions. This article is for information and illustrative purposes only.
Is the Metaverse ETP Worth Investing In? What is Metaverse in short? Metaverse is the first public Chinese blockchain project that is building a web of Smart Properties and establishing an open ecosystem in which digital value can be circulated freely. The platform is a web of “Smart Properties”. Some of these Smart Properties include digital asset registration, digital identity creation, intermediary services (called Oracles), and a decentralized exchange. Metaverse is different from one of the most widely used Blockchain platforms,, which allows programmers to write code on top of the platform itself. ETP is the token used on Metaverse and can be used to measure the value of smart properties in Metaverse or as collateral in financial transactions.
ETP is also used to pay transaction and other fees applied on Metaverse. A total of 100 million ETP are issued through the combination of POW mining, and initial Coin offerings (ICOs) similar to Bitcoin. ETP can be traded and transferred on Metaverse and is an important factor in deciding the miner of each block after MVS transitions. Who’s Behind Metaverse? Eric Gu, is the founder of Metaverse, he is also a co-founder of other blockchain projects, including ViewFin™, the market leader in Blockchain technology in China. Eric Gu, CEO of Metaverse, is one of the cofounders of who left to build his own better blockchain – ETP. He is also an adviser at Loopring LRC and a few other blockchain projects.
He was an ICO investor in Bitshares. Why Should One Invests in ETP? Minecraft Asch XAS Server on this page. (1) The Metaverse has a huge future due to the concept of Blockchain as a Service (Baas). Metaverse’s Baas framework mainly caters to business users, such as individuals or businesses with transaction or asset management needs.
In the future, business users can no longer be grouped as they conventionally were and BaaS must be able to cater to any user, even digital identities. (2) Eric Gu, Co-founder of Metaverse Foundation spoke to Cryptovest representatives at the D10e conference and shared that he is working with a few big exchanges to get Metaverse listed. He anticipates the value of the Metaverse token to “go up as many times as NEO”, a token he was involved in during the pre-ICO stage.
(3) Its current coin supply of 22 million out of 100 million is very small. (4) Digitized assets can be issued using the Metaverse platform, and Gu believes it has the potential to become the most widely used platform in the Blockchain world. (5) Metaverse is easier and more suitable for Chinese people to use than NEO as it’s tailored for a business people and does not require any developing skills, neither knowledge of English language, making it a better choice for business people and therefore will have a wider public use, mainly in Asia. (6) There are already few projects that have put Metaverse and Entropy to good use, and ZenGold is one of them.
The ZenGold platform allows people to buy, hold, transfer and sell digital assets backed by real gold. In less than a year, Metaverse and its accompanying Entropy tokens have proven their capability to solve real-world problems in a much simpler way. (7) Metaverse is aiming to take over the ICO market in China and Russia by working together with KICKICO and CyberTrust bank. (8) There are at least 20 companies that want to make Initial Coin Offerings (ICO) on the Metaverse Blockchain platform. Over the next year, the fund partners plan to conduct about 100 ICO projects. These ICOs will likely technically be temporarily based in Russia until the Chinese government regulates ICO’s and solves the current situation in China.
(9) Very few cryptocurrency exchange sites may also be unwilling to include weak demand currencies on their trading platforms. With the potential collaboration to run 100 ICOs projects in the near future, Bitfinex has taken the first step to list ETP on its exchange. (10) Metaverse’s development is separated into two distinct periods marked by two consensus algorithms: the system will initially be secured through Proof of Work, before transitioning to an improved form of Proof of Stake.
(11) The team of metaverse is running under the company ViewFin™. It has over 75 employees registered on. (12) One important point of success for a blockchain company is a solid documentation of its product. Metaverse does fulfill this criterion perfectly. They have extensive whitepapers on both their platform and also their digital identity work and explain how and why they’re doing things.
(13) The services include a combination of Chainlink, NEO, CIVIC etc. Into one business-friendly platform. (14) On 17th of August, Eric Gu was invited to meet the senior management team of Korean Exchange Coinone. There is a possibility of ETP being listed in a near future.
(15) ETP is now only listed on Bitfinex, SZZC, OpenLedger DEX, and Bter. Many others will potentially drive the price up as more exchanges listing ETP. Where to Buy ETP? At the time of writing, ETP is available on OpenLedger DEX and BTER. If you are new and would like to know how to purchase some ETP coin, it is not that straightforward to just deposit your fiat currencies and buy them on these platforms.
Metaverse ETP now is available for trading on Bitfinex, which can be traded with USD, BTC, and ETH. Bitfinex is the world’s leading bitcoin exchange. It offers platforms for trading and for providing and receiving financing. It was the first exchange in the world to implement real-time proof-of-reserves via segregated customer wallets and boasts some of the best security features in the industry.
However, you can send bitcoin to the above-mentioned exchange accounts and buy ETP with BTC. If you are totally new in this, please refer to this article ““.