Investment Case for Metaverse (ETP)

Metaverse is a little-known blockchain project that I believe has tremendous potential to make a lasting impact on the cryptocurrency market. Right now, Metaverse has a market cap. of a little over $140 million, but as you read through my write up, you will begin to realize how undervalued this digital currency is in relation to similar projects on the market, namely NEO and Ethereum. CEO Eric Gu is branding Metaverse as the Chinese substitute for Ethereum and has extensive experience working in the blockchain space on projects like Mastercoin, Bitshares, and NEO. Today, Metaverse is trading at around $3.91 a coin, but because of the extensive drivers of growth that I have identified below, this project could potentially see a dramatic raise in value. Basics: Launched in June 2017, Metaverse is a leading public blockchain project based in Shanghai, China Metaverse is a decentralized smart contract platform based on blockchain technology that allows users to build their own digital identities and register their digital assets. CEO, Eric Gu, plans on turning this project into China’s Ethereum but with the additional capabilities offered by Vinny Langham’s blockchain project, Civic This project was launched by a Chinese company, Viewfin.com, but operates independently through the Metaverse Foundation The ETP token can be used to measure the value of smart contracts on the Metaverse protocol or as collateral in financial transactions Ticker: ETP Ranking by Market Cap: 72 Market Capitalization: $144,621,598 Circulating Supply: 36,386,291 ETP Total Supply: 55,786,291 ETP Max Supply: 100,000,000 ETP Average Trading Volume: $3,735,233 Allocated to system maintainers (PoW mining): 30 million ETP Block Time: 24 seconds Dev Language: C++ Consensus: PoW+PoS

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8 Bit Token, and launch other blockchain-integrated

8 Circuit Studios is launching a cryptocurrency token sale so that it can raise money to build a blockchain-based platform for the Metaverse , the digital universe envisioned in novels by William Gibson and Neal Stephenson and featured in movies Ready Player One, TRON, and The Matrix. The company will hold a token sale for the cryptocurrency, 8 Bit Token, and launch other blockchain-integrated products in the coming weeks. Blockchain is a decentralized ledger that can verify the uniqueness of digital items. That means that users will be able to lay claim to the items that they own and transfer them from one virtual world to another. That’s one of the requirements of the envisioned Metaverse, which is like a collection of interconnected worlds that share a common foundation for commerce.
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At its current trajectory, Metaverse

Metaverse (ETP) continues to make gains, even as the rest of the market sinks deeper into bear territory. While there are many possible reasons driving up the value of Metaverse, the most likely one is that is mostly traded in fiat. Most of the trading volumes for Metaverse (ETP) are on Bitfinex and TOPBTC. In both exchanges, most of the trading for ETP is done in fiat, mainly the USD and the Chinese Yuan. This goes to show that without ties to bitcoin (BTC), most altcoins have what it takes to make huge gains in the market. The altcoins market today is pretty much at the mercy of bitcoin (BTC). It has reached a point where it no longer matters whether a coin has strong fundamentals or not. If bitcoin (BTC) drops, then all coins, both the good and the bad follow. Metaverse(ETP) proves that in the long-run; for altcoins to thrive, they have to be traded independently of bitcoin (BTC). Metaverse today is valued at its true value, and it has gained by hundreds of percentages since June. T...
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The Importance of Technology Transparency in the Blockchain Industry

Over one thousand blockchain projects have already been failed in 2018, with most of them being tagged as scams. It’s understandable why people would become sceptical about other projects within the field. But, from our analysis, Metaverse is not one of them. In the last threes weeks, Metaverse (ETP) experienced a price spike, with an impressive growth going against the bear market. Metaverse’s growth from $.69 to over $2.00 – 3 times in growth – has outperformed many projects in Asia, including the most notable blockchain projects: Neo, Qtum, and Vechain. The Importance of Technology Transparency in the Blockchain Industry “Transparency” is currently one of the major tech buzzwords going around the industry – with good reason too. Transparency allows the user to “see” and experience what is behind the scenes of the technological systems they are using. One of Metaverse’s main visions is to provide transparency for its users. Metaverse has been very active with github updates, being ...
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