The Metaverse cryptocurrency, also known as ETP (Entertainment Technology Platform), is an open-source blockchain platform that aims to establish an ecosystem of digital assets and virtual identities in a virtual reality space, referred to as the Metaverse. It was developed by a Chinese company called ViewFin and was launched in 2016.
Metaverse's primary goal is to enable users to create and manage virtual assets, identities, and smart contracts within the Metaverse ecosystem. The platform utilizes a unique consensus mechanism called "proof of asset" to achieve decentralization and security. This consensus algorithm relies on users proving their ownership of certain assets within the Metaverse to participate in the consensus process.
The Metaverse platform offers features such as digital asset creation, digital identity management, and decentralized exchange services. Users can create and trade digital assets, which can represent virtual goods, properties, or even real-world assets. Digital identities on the platform allow users to have verifiable and portable identities within the Metaverse.
Additionally, developers can build and deploy decentralized applications (dApps) on the Metaverse platform using smart contracts. These dApps can provide various services, from virtual reality experiences to financial tools.
As with any cryptocurrency, ETP tokens can be used for various purposes within the Metaverse ecosystem. They can be used to pay for transactions, create digital assets, access certain services, and participate in the consensus mechanism.
For those who want to download the Metaverse logo, we have
compiled a list of all the major cryptocurrencies in PNG and SVG format. Our collection includes logos for Bitcoin,
Ethereum, Litecoin, Ripple, Dash, Monero, Zcash, and many more. All of them are available in PNG format. And if you
want to show support for one of the cryptocurrencies, our collection of logos is at your disposal, including
the Metaverse logo.