Microverse

Microverse (MVP) is a decentralized platform that aims to allow users to build, play, and participate in a vast NFT world with endless opportunities. As per the whitepaper, the platform combines innovative concepts of DeFi, NFT, and GameFi, with blockchain and VR technologies to offer countless possibilities within the ecosystem. Users have full control of the network, and they can enjoy exciting game mechanics, a wide array of products, and social networking activities. Microverse promises to deliver new experiences designed to empower users to shape their own identities in the digital world.

Metaverse has several definitions, but it is most commonly used to describe the next-generation evolution of the internet, consisting of 3D virtual spaces connected to a virtual realm. The Metaverse isn't just a fad. The platform is suitable for companies and developers as it could eventually become a place where all forms of entertainment and lifestyle activities can be consumed. The Metaverse can create a highly connected environment where millions of players can interact in complex simulations, resulting in an infinite and exhilarating experience.

Microverse aims to provide a comprehensive ecosystem with rich features to appeal to all types of users, which the team believes are able to generate newer and unique revenue streams in the decentralized commerce space. Microverse is committed to positioning itself as one of the leading brands in virtual reality, giving users freedom to explore new territories where they can use the latest technology to network, play, and nurture a new market of users with millions of users.

One of the unique things about Microverse is that it allows users to create decentralized peer-to-peer marketplaces. NFT products can be easily traded using MVP tokens, the native tokens of the platform, which can be either mined by the community or purchased from cryptocurrency exchanges. The Microverse economy is entirely powered by MVP tokens, which are used for everything from microtransactions to purchasing goods and services, and they provide users with a sustainable world economy in a new parallel universe of the Microverse.

As per the roadmap, the conceptualization of the overall Microverse platform took place in Quarter 3 of 2021. The total supply of MVP tokens is 1,000,000,000.