19 Aug, 2022

Metaverse: Are you ready for it?


Virtual environments and Virtual worlds like Second Life and World of Warcraft have been popular for quite some time, but their user base grew with the release of the VR market.

Understanding Metaverse

Metaverse is a decentralized ecosystem powered by its own ETP token. It aims to bridge the gap between the real world and the virtual world by using blockchain technology.

What is Metaverse?

Metaverse’s ecosystem includes virtual worlds and services like wallets, exchanges, and blockchain technologies.

Metaverse Ecosystem

Metaverse is powered by the VeriCoin. This is a decentralized stablecoin that functions like a digital asset. 

Crypto-based Token of Metaverse

The VeriCoin is designed to provide a stable value, maintain prominent levels of liquidity, and avoid price instability.

Metaverse is a decentralized blockchain platform that provides virtual environments to users.

How Metaverse Works?

Users can create their own virtual world and invite friends to join.

How Metaverse Works?

One of the most exciting features of Metaverse is the ability to create a decentralized virtual world that connects users and tenants.

Benefits of Metaverse

It provides a secure environment for all parties to interact and transact using digital assets.

Decentralized platforms like Metaverse are built on the concept of trust among users.


Another advantage of Metaverse is the platform’s focus on maintaining the user’s privacy. All digital assets are stored securely and encrypted on the blockchain.


All investments carry risk, including the risk of losing all your money.

Investment Risk

The VeriWallet is where you store and use your VeriCoins.

Wallet Risk

One of the most important things to understand about Metaverse is that it is an emerging platform that is still in development. 

Limitations of Metaverse

Therefore, it may have limitations, especially when compared to established platforms.

The virtual reality industry has grown rapidly over the past few years, fueled by the popularity of products like the Oculus Rift. 

Now, the blockchain industry has seen significant growth as well. 

With the introduction of Metaverse, a decentralized platform based on the blockchain technology, a new virtual reality ecosystem has emerged.