Metis is a decentralized economy platform that makes it simple and scalable to establish, run, and grow any decentralized app, business, or community on the blockchain.
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Metis is designing an easy-to-use, highly scalable, low-cost, and fully functional Layer 2 framework (Metis Rollup) to fully enable the application and business migration from Web 2.0 to Web 3.0, based on the concept of Optimistic Rollup. Its scalable protocol may be used for NFT platforms, decentralized Reddit-like social networks, open-source developer communities, influencer communities, gaming communities, freelancer communities, crowdfunding, yield farming, DEX trading, and more.
Metis aspires to provide a user-friendly technical and organizational platform that will make blockchain accessible to everyone, empowering both personal and professional lives.
Metis incorporates the Decentralized Autonomous Company (DAC) framework into its Layer 2 infrastructure, making it simple for developers, builders, and community leaders to create apps and communities. It also makes it simple to use pre-built tools to speed up development, manage collaboration, and take advantage of the network effects of the world’s largest decentralized finance ecosystem, all while avoiding the expenses and bottlenecks that come with Ethereum.
Metis’ goal is to make creating DApps and DACs on its platform so simple that even complete blockchain newbies can do it in minutes.
Elena Sinelnikova is an entrepreneur, blockchain educator, and blockchain advisor. Elena is the chief executive officer and co-founder of MetisDao. She is also the founder of cryptochicks.ca. Elena has a master of computer science and is one of Canada’s top women in fintech, and blockchain finalist.
Kevin Liu is the co-Founder of MetisDAO. He is leveraging Optimistic Roll-up to backbone the development of the Web3 economy.
Kevin is an active researcher of the Token Economy, DAO, Defi, and Blockchain Governance.
Metis devised and implemented a new layer 2 solutions with an EVM-compatible virtual machine called the Metis Virtual Machine or MVM to address these difficulties and meet the growing need for DAC operations.
Each Decentralized Autonomous Company (DAC) has its own Layer 2 build-in MVM, where all DAC collaborations take place. For layer 2, MVM separates the Ethereum construct’s computing and storage. A DAC creation, more specifically, simply initiates the formation of a new storage tier dedicated to that DAC. As part of the Metis system, the computing element, which includes block mining and cross-layer communications, is dynamically scaled up and down on demand. It’s a key architectural feature that allows Metis to extend horizontally without investing a lot of money on infrastructure. The revenue generated by economic activities within each DAC will readily pay infrastructure costs.
MVM also allows providers to sign up and provide processing power, allowing the Layer 2 design to be genuinely decentralized. The provider will be compensated based on the number of blocks generated.
The important element is that the provider may not be aware of which DAC will be addressed. It helps to ensure that rogue computer power providers do not launch targeted assaults.
L1 contracts understand how to handle state roots, transactions, and proposals from different L2 contracts as part of the MVM design. A chainID is appended to the payload of every transaction batch and state root. The chainID is a one-of-a-kind identifier for each layer 2 constructs, and it’s also used to sign transactions between levels.
When a DAC is needed, as part of the Comco protocol, a layer 1 smart contract will generate a unique chainID for the new build, register with the Metis management smart contract, and trigger Metis microservices to deploy the storage units.
If you’re looking for a place to buy MetisDAO (METIS), the best cryptocurrency exchange for trading MetisDAO (METIS) is Bitget, Gate.io, BingX, BitWell, and Uniswap (V3).
No. There is no direct method to purchase MetisDAO (METIS) using cash. You can, however, utilize markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.
Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
Exchange inflows and outflows, technical and fundamental changes, the news cycle, and the overall economic climate are all variables that impact Mogul Productions’ (STARS)’s price and market cap.
MetisDAO (METIS) Official Website – https://www.metis.io/
MetisDAO (METIS) Twitter – https://twitter.com/MetisDAO
MetisDAO (METIS) Medium – https://metisdao.medium.com/
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