What is Metaverse?
Metaverse is an open-source blockchain smart contract network that provides individuals with digital identities, digital assets, and oracles. It is a concept of building optimized virtual infrastructure which would also work as a decentralized exchange platform but a safe and secured one.
Metaverse was founded by Eric Gu and Chen Hao, who are the respective CEOs and CTO of the company. The metaverse project was first launched in February of 2017.
About Metaverse ETP
Metaverse has a total supply of 100,000,000 ETP, and ETP is also known as Entropy. The Metaverse ETP can be considered as the currency through which all the transactions can be done in the virtual world. The term ‘Metaverse’ was first utilised in a novel written by Neal Stephenson in his iconic cyberpunk novel Snow Crash.
The word “meta” refers to something beyond, and the word ‘verse’ indicates the universe. Some people also use this in order to describe the gaming world where players can go anywhere they want to and play the game however they like.
Now popular companies like Meta (formerly Facebook), Microsoft, etc., are making their own metaverse platform and becoming the massive wave of change in the cryptocurrency industry. There are also Decentraland and Sandbox, who are actively building their metaverse platforms, and they have their own currencies. For example, Sandbox has SAND which is the metaverse ETP or entropy of the said platform. Similarly, Decentraland has MANA. Users can directly buy these currencies or ETP from exchange platforms or trade and exchange NFTs for them.
Although a lot of metaverse platforms offer free accounts, the individual users must use cryptocurrencies in the blockchain-based platforms in order to conduct any kind of financial transactions.
How can the investors purchase the metaverse ETP?
If you are looking for simple and very easy way to purchase the metaverse ETP, then you should visit a cryptocurrency exchange platform. This way, you will be easily able to get what you are looking for. Compare and contrast multiple crypto exchanges to find the best-suited one for you. You will need to create an account in the crypto exchange platform of your choice. For creating an account, you will require your email address and identity proof to confirm your identity. Some platforms also require a selfie to confirm that you are not a robot and to match your face with the identification document that you have provided.
After confirming your identity, you can make a deposit using various payment methods such as bank transfer, credit card, debit card, etc. After getting funds in your account, you will buy the metaverse ETP of your choice just by entering the number of ETP you want and clicking the purchase button.