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Metaverse (ETP) is a decentalized platform that utilizes Ethash algorithm. It is built on the Metaverse open-source public blockchain. ETP (the token) can be transferred, is traceable, immutable and can be used as a collateral on the blockchain. It can also be registered easily and freely, issued and burnt. It is especially used to pay for digital content on the Metaverse blockchain.
At the moment, one practical use of ETP, is that it can be used to tokenize intellectual property on theShow more [+] taverse blockchain. Users have full control of their property, protecting them from asset theft. ETP is currently listed in a number of major exchanges including Bitfinex, Coinsuper, HitBTC, Bit-Z and Coinbene among others.
The Metaverse project came into existence in 2016 and went live in 2017. It is the brainchild of a developer and blockchain enthusiast Eric Gu, who is also the Chief Executive Officer (CEO) of ViewFin. Gu played a vital role in developing the first blockchain in China in 2016. Metaverse promises to provide an infrastructure on which users can have their digital content and intellectual property tokenized. The platform's developers believe that the future will be powered by the blockchain and are, thus, working to improve on this platform.
Metaverse's ICO completed on September 2016 raising the total of $3.00 M.