Review on Metaverse ETP by David Olayide
Metaverse ETP
Metaverse is a public and open-source blockchain that provides digital assets, digital identities, and oracles in a smart contract network. The concept or idea behind the project is building a network of smart properties and creating a decentralized exchange for a smart and secure infrastructure. Metaverse was founded in 2016 and launched a year later in 2017.
Metaverse ETP, just like any other purpose built token, can be used to value smart contracts on the Metaverse blockchain network. It can also be used to pay for transaction or GAS fees on the network. ETP was initially generated through PoW mining, although a hybrid model including Proof-of-Stake consensus was introduced later on and there are still plans to introduce a third (Delegated Proof-of-Stake, or DPoS) soon.
It is very easy to find ETP on a lot of exchanges and these cryptocurrency exchanges include, HitBTC, TOPBTC, Bitfinex, and Coinsuper, among many others. Tge next thing that I was interested in knowing was of course, the price of ETP and I saw that it was quite low. I even saw some statistics and noticed to that it once peaked to a figure of $5.
You can make use of several mobile cryptocurrency wallets which can support ETP, including the official Metaverse Wallet for desktop, web, and mobile, devices. I am interested in the future of Metaverse and I hope to see some growth eventually. Metaverse ETP has a circulating supply of 78,715,986 ETP coins and a maximum supply of 100,000,000 ETP coins.
Pros
- High Scalability
- Secured with PoS, PoW, and DPOS
- Interoperability
- ETP is available on many cryptocurrency exchanges
Cons
- Low market value of DTP
