The Metaverse has become an internet sensation in recent months, attracting tech enthusiasts from all over the world.
It’s a concept that promises to be more immersive, interactive, and collaborative than what people are doing on the web today. In other words, the metaverse is a virtual world where people can socialize, work, play and perform other activities, just like in the real world.
Despite the endless possibilities, the Metaverse is still a long way from mass adoption. And while there isn’t one way to access the metaverse and bring it closer to mainstream social media users, Megaverse is building an ecosystem for a wide variety of communities around the world to accelerate the growth of the metaverse.
What is the Megaverse?
Megaverse is a Polygon-based metaverse platform designed to introduce the metaverse to the world’s most active social media users and global communities.
It aims to bring the vision of the metaverse closer to reality for everyone on the internet. The project plans to accelerate the transition from social media to the Metaverse by converting at least 1 million of the more than 4.5 billion daily social media users into daily Metaverse users over the next two years.
Megaverse is clearly focused on building the metaverse across communities. As the project recognizes the importance of a community, it prioritizes the needs of the ecosystem community.
Not only does Megaverse provide a more immersive metaverse experience for all communities, but it also plans to honor and celebrate the important people who made blockchain and the crypto space as we know it a reality. †
The platform plans to become a hub for crypto communities, with more than 20 different virtual countries in the ecosystem named after the most popular cryptocurrencies. In addition, there are a total of 210,000 lots or virtual real estate where users can create games, stores, stores, showrooms, interactive hubs, communities and more.
While the platform is initially launching on Polygon, Megaverse uses a multi-chain structure and is also working on Avalanche, Ethereum, and BNB Chain (formerly known as Binance Smart Chain).
In February, Polygon invested in Megaverse and will partner with the platform on marketing activities. The two companies are also working to create a Polygon headquarters on the island of Matic on Megaverse.
Key Features of Megaverse
Megaverse is a cornerstone of the larger MegaDAO ecosystem, which includes several features that provide users with multiple revenue opportunities.
Users have access to the necessary resources to develop and create their NFTs in the ecosystem. Minted NFTs can be sold on the ecosystem’s designated marketplace for the native Megaverse token. Proceeds from NFT sales go to the creators, minus a small transaction fee.
Mega Finance (MegaFi) is the ecosystem’s internal decentralized exchange and trading hub. Minted NFTs are sold here and users can access other services such as staking, pool, exchange, farm, and a launchpad that hosts new crypto-related game and metaverse projects.
Megaverse allows users to create dynamic 2D and 3D applications, games and scenes using the scripting language. The script is designed to provide a wide range of features to make the development process seamless, including creating objects, loading textures, encoding user interactions, sounds, managing physics, and external calling.
The Megaverse ecosystem integrates functionality into user experiences. However, it also plans to move to a fully immersive virtual reality (VR) environment. However, some features and games in the Megaverse will have VR capabilities even before the full transition.
The Megaverse Token
MEGA is the native token that unites and powers the entire MegaDAO ecosystem, with a supply limit of 10 billion tokens. MEGA serves as a governance token, empowering holders to vote on decisions that could affect the future of the ecosystem.
In February, the project completed the presale of its token sale, which was oversubscribed. The pre-sale phase saw the sale of 2.5% of the total supply at $0.01.
The next stage is the public sale, which will be held at Copper Launch in mid-April and will be split into three separate events, Series A, B and C, with a bottom price of $0.025. This method allocates 7.5% of the total supply to each of the three rounds and allows Megaverse to consistently raise funds throughout the development and progress of the project.
In summary, Megaverse is a project that aims to take the vision of the metaverse to the next level and intends to do so by offering a range of features.
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