Metaverse.Network is a blockchain for metaverses, games and dapps. It supports WASM and Ethereum compliant smart contracts for developers to create dApps and games that run on the network. Metaverse.Network Pioneer is live as Parachain in Kusama. Read and learn more about Metaverse.Network.
What is Metaverse.Network Pioneer and Bit.Country (NEER)?
Bit.Country Pioneer (NEER) is the first decentralized metaverse app built on the Metaverse.Network blockchain. Bit.Country allows users to interact directly with Metaverse.Network’s Layer 1 blockchain. Using the Bit.Country browser-based application, regular users and developers can access the blockchain and create metaverses without any technical skills.
Metaverse.Network is a substrate-based blockchain, custom designed and open to metaverse projects. This is the Parachain connected to the Kusama Relay Chain. Bit.Country & Metaverse.Network Pioneer is a canary network and will move to Dot Relay Channel when Bit.Country & Metaverse.Network is ready for mainnet launch. The Metaverse.Network platform, on the other hand, is an EVM-compatible blockchain that contains all the protocols required for the development of Metaverses and DApps. Metaverse.Network is a high-performance public blockchain that supports smart contracts, NFTs, and dApps.
The Bit.Country & Metaverse.Network project is led by a group of experienced blockchain developers and entrepreneurs. The team has a strong vision for the future of Metaverse and has established a community approach that will allow Bit.Country & Metaverse.Network to be the foundation for creating Metaverses in a Web3 Internet.
Metaverse.Network was created by the Metaverse Foundation, a non-profit organization based in Singapore. The Metaverse Foundation is dedicated to the development of the Metaverse and its ecosystem. Formed and officially launched in March 2021, the foundation will also be used to establish grant and award programs as incentives to create value in the Metaverse.Network ecosystem.
How does Bit.Country and Metaverse.Network Pioneer (NEER) work?
The Bit.Country project and the Metaverse.Network are working together to provide users with an easy way to create Metaverses and deploy DApps. Metaverse.Network is the underlying blockchain that provides the necessary protocols for metaverses and DApps. The Bit.Country application allows regular users and developers to access the Metaverse.Network and create Metaverses without any technical knowledge.
At its core, the project aims to drive a community approach that will allow Bit.Country & Metaverse.Network to become the Metaverse operating system for the new Web3 Internet. This will be done by allowing anyone to easily create a metaverse and deploy DApps without the need for expensive hardware or hiring skilled developers. Metaverse.Network uses Substrate technology, which is the same technology that powers Polkadot and Kusama. It has a low gas flow NPoS consensus mechanism and a metaverse-specific NFT standard.
Metaverse.Network is also cross-chain compatible, which allows it to connect to other blockchains such as Ethereum, Bitcoin and others. As an EVM-enabled blockchain, Metaverse.Network can support all Ethereum-based DApps and therefore run on Solidity. This means that the Metaverse.Network can act as a “sidechain” for Ethereum and process transactions at a faster rate than the Ethereum mainnet.
This makes the Metaverse.Network blockchain scalable through sharding technology, which allows it to process more transactions per second as the ecosystem grows. In general, this project is intended to be the spatial and temporal basis of a Web3 Internet, where anyone can create a functional, efficient and easily accessible metaverse.
What is the difference between the Metaverse.Network and Bit.Country projects?
Metaverse.Network and Bit.Country are unique in their approach to the metaverse. While most metaverse projects struggle to create a centralized system, this project focuses on a network of community-owned and created metaverses and dApps. The project uses Substrate technology, which is the same technology that powers Polkadot and Kusama.
It features a low gas throughput NPoS consensus engine optimized for Metaverse applications. In addition, Metaverse.Network is the first L1 Metaverse blockchain that focuses on delivering Metaverse as a Service (MaaS) and Bit.Country is the world’s first Dapp to facilitate interoperable and functional user-built Metaverses. The project also has a strong team with members working in many related fields since 2018.
NEER and NUUM tokens
The Bit.Country and Metaverse.Network project uses the NUUM token, which is the currency of the network, and the NEER token, which is similar to NUUM, but is only useful to Bit.Country Pioneer as a network canary for Metaverse.Network. The NUUM token is used to pay transaction fees on the Metaverse.Network blockchain. This token can be used as a universal currency to buy resources such as NFTs and Land Blocks on the Bit.Country market.
The NEER token, on the other hand, runs on the Bit.Country Pioneer canary network, where it functions as a smaller token with the same functionality as the full NUUM token. Users can use this token to test Metaverse.Network features and functionality before the mainnet release.
Where to buy NEER tokens?
The NEER token can only be purchased on one major cryptocurrency exchange, namely: Kucoin
Conclusion
Bit.Country & Metaverse.Network is unique in many ways. It is not only the world’s first blockchain for metaverses and DApps, but it is also one of the most ambitious projects in the industry. The team behind the project had a clear vision and worked hard to make their vision a reality. PortalCripto hopes that you, the reader, get the necessary information about the Bit.Country and Metaverse.Network project.
* PortalCripto appreciates the quality of the information and verifies the verification of all content created by its team, emphasizing however that it does not make any kind of investment recommendation, is not responsible for losses, damages (direct , indirect and accessories. ), cost and loss of profit.