Ant Mine Metaverse ETP ETP

Metaverse is an ambitious project of viewfin.com, a Chinese company focused on blockchain digital assets and a source in China of news and opinion about blockchain developments. Metaverse aims to enable blockchain-based digital asset management – even more fundamentally, a blockchain-based system for managing our digital lives. The project imagines a blockchain in which people, organizations, institutions can transact with each other.

This vision revolves around a couple key insights. • A digital-asset blockchain needs more types of transactions than ‘contracts.’ The language isn’t business-friendly and the approach feels like a pidgeon-holing of unique transactions into general-purpose business logic. Metaverse doesn’t have a pre-defined set of transactions types, but it intends to be flexible.

• Digital asset transactions need intermediaries on the blockchain. It shouldn’t push them away – it should embrace the trust that their presence confers. Oracles are a form of intermediary, and metaverse will encourage intermediaries–such as banks, government agencies, foundations, or even individuals–to register as oracles. • For a digital asset blockchain to be successful in China, it must be based in China.

The Chinese government has supported Chinese versions of many popular successful businesses based outside of China: Baidu instead of Google, WeChat instead of Facebook, Alibaba instead of Amazon. Metaverse aims to be the Chinese substitute of Ethereum. The blockchain protocol itself is still being finalized. It will be its own public blockchain. Consensus in the first year after launch will be through proof-of-work mining.

Mineable Crypto checker for Coin Stats, Profit Calculate, Estimate Earning, Mining Pools, Mining Hardware, Mining Software. What Do You Need To Mine Monero XMR here. Oct 11, 2017 - -The founder of Metaverse is Eric Gu, a co-founder of other blockchain projects, including ViewFin™, the market leader in Blockchain technology in China. Eric Gu, CEO of Metaverse, is one of the sever Cofounders of ANS/NEO, who left to build his own better blockchain - ETP. He is also an adviser.

The current plan is to transition the blockchain to a delegated proof-of-stake model after this, but the team will wait to see how Ethereum handles its own transition to proof-of-stake in early 2017. Overall, this ICO best resembles a seed investment.

The team has a bold vision and a set of challenges they know their protocol will need to overcome, but they are still finalizing some details and keeping some options open. What is the token being sold? The token being sold is Entropy, the token that will power Metaverse. It will be similar to Ether. It will be used to register assets, pay fees, establish identity as an Oracle, and value assets on the blockchain. There will be 100 million total Entropy in the system. 15 – 30 million will be distributed during this ICO, and another 15 – 30 million will be distributed in another ICO after the Metaverse wallet and blockchain are complete.

The remaining ETP will be distributed through the proof-of-work mining process, and eventually the system will enter micro-inflation of 1-4% per year. View.com purchased 11% according to the crowdsale terms. No additional ETP was set aside for the development team. What are the terms? Bitcoin: For BTC, the price for Entropy is 6000 ETP/bitcoin. The Bitcoin address listed for participating is 16LHvZ11XRsVFkzmD64g11mrfvjzyToDn9.

Do not send from an exchange. CNY: People can participate with Chinese Yuan with access to the following price tiers, based on how much is contributed. The price tiers also confer additional benefits on the Metaverse platform. Price Tier CNY ETP CNY/ETP USD equivalent Stormwind 200,000 310,000 ¥0.65 $0.097 Undercity 50,000 75,000 ¥0.67 $0.100 Thunderbluff 5,000 7,000 ¥0.71 $0.107 Ironforge 1,000 1300 ¥0.77 $0.115 * at.15 USD/CNY Alternately, you can participate through, an ICO platform in China.

Here is a helpful with some English. The ICO will last until September 9th, 2016 or the equivalent of $3 million has been raised.

Who is the team behind the project? The founder of Metaverse is Eric Gu, an entrepreneur and thought leader in China. He was a co-founder of other blockchain projects, including viewfin. Best GameCredits GAME Mining App. com. Viewfin.com is now 17 people, all of whom are working on Metaverse in some capacity. We (Smith+Crown) have not spoken with the Metaverse team, but the team responds to questions on Bitcointalk and has created outreach media in Chinese. They are actively trying to translate their materials into English.

Key Resources • • (scroll down for some english-language content. Do not click on “ico detailed rules,” which at time of writing links out to a Chinese-language website) • (Note: started by icocountdown.com but with Eric Gu [] responding to inquiries) • • Listed on.