SEOUL, South Korea, May 9, 2022 (GLOBE NEWSWIRE) — Jang Jin-Woo, chairman of Metadatacity Co., Ltd., announces the IEO of Metaverse Hub MDC Coin, the payment method for its Metaverse Hub Metadatacity (http: / / /www.metadatacity.com/) ecosystem. The MDC coin is issued through mdcc365.com and other major coin exchanges with a volume of 1 billion coins and a listing price of $0.08.
Jang Jin-Woo explains that the blockchain-based metaverse is a new paradigm – an evolution of the Internet. After the era of central WEB 2.0 which has dominated the market so far, 3D virtual space based on WEB 3.0 combined with decentralized technology based on blockchain is expected to dominate the era.
The biggest problem with WEB 2.0 has been pointed out by many users in the unfair market where information can be obtained or sold back under the indirect control of a large factual portal for providing security and personal information. Alternatively, the blockchain-based demand for strong security and tight control over the leakage of personal information is key to a major paradigm shift beyond trusting users (users) who are tired of providing personal information, Jang said.
In addition, user content needs have reached a level that is unsatisfactory for text and video at the Web 2.0 level. And users are forced to prefer high-definition 3D spaces such as 3D games, VR (virtual reality) and AR (augmented reality), which are very immersive, so the longer the stay in the virtual space increases and the existing data is likely to become useless outside of archival records.
The NFT market will also be 3D in content and the NFT market, which is currently only active in sound sources and artworks, will expand to all areas such as travel, culture, entertainment and real estate rights. The Metadata City ecosystem (MDC Coin) will serve as a gateway to all metaverse content and data worldwide.
Mr. Jang believed that this paradigm shift was coming, and most importantly, there was a need for a data center that could handle high-capacity data efficiently, and as a result, an IPFS-based direct data center was built in the Daejeon -Yuseong -gu Daejeongro 28beon-ahngil 71 Metahub building. Mr. Jang said that Dr. Na Jung-sik (Global CTO) of Metadatacity is responsible for all metaverse data management hubs, or parts of the gateway technology.
dr. Na Jung-sik has a PhD in Blockchain from Victor University in the United States and is currently the President of the Association of Blockchain Coordination Associations.
Jang Jin-Woo said one of the visions of the MDC Coin ecosystem is that a decentralized blockchain-based cryptocurrency exchange will be established in Singapore within this year. And agents will be located all over the world. On May 10, MDC Coin will also be listed on highly secure blockchain-based exchanges, including foruex.com, dbaagent.com, and coredax.com.
The decentralized exchange is based on blockchain and is characterized by security and low brokerage fees. And it will become a major pillar of cryptocurrency transactions worldwide, which will be a turning point for the MDC coin ecosystem to expand the global market. And Metadatacity Co., Ltd., the organizer of the MDC coin show, will become a mega unicorn company representing Korea, establishing a direct local company first in New York, Vancouver, Singapore and the Philippines.
Through the Metaverse Hub, the company has a plan to bring Asian culture and content to the world, and by mid-May it will build and complete a community in each Asia.
On May 16, 2022, at Samseong-dong Grand Ballroom, COEX, Seoul, the Metaverse Memorial Center MDC Coin Ecosystem Vision Declaration Ceremony and Celebration Event IEO will be broadcast live worldwide via the YouTube “Datacitywemarket” in real time, and the “Metadata” channel .
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