MetaCryp Network is a metaverse platform built on the Binance Smart Chain that aims to provide its users with an ecosystem where they can relax from daily stress.
The project will use blockchain technology to create a virtual space for community members to work, play and socialize. Although not the first metaverse platform, the team aims to solve five problems associated with blockchain projects.
First, MetaCryp wants to solve the problem of lack of transparency and lack of trust familiar with some blockchain projects. Why do these projects lack transparency? Some do not provide details about their token allocation, reward system, and governance mechanism.
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However, MetaCryp will ensure that all of its operational processes are accountable. Additionally, the project will use smart contracts to document its reward system. In turn, MetaCryp will be an open-source platform trusted by investors and users.
Additionally, MetaCryp removes procedures from blockchain games that discourage new people from entering the industry. These procedures include KYC records, payment of commissions or other costs.
To address this issue, MetaCryp will ensure that its users will not need to provide their contact details when joining its metaverse. Instead, users just need to connect their crypto wallets and authorize as many transactions as possible.
Meanwhile, some blockchain games charge users recurring fees to play games. At the same time, they remove hidden fees like wallet maintenance fees.
On the other hand, MetaCryp does not charge entry fees, and the necessary deductions will be small compared to other platforms. Regarding the maintenance of the wallet, it will be useless since MetaCryp adopts a peer-to-peer payment method via a crypto wallet.
Moreover, rigorous transaction processes and delayed settlement time will not exist in the MetaCryp metaverse. Its users can quickly move crypto assets to their public wallets through a free in-game wallet.
Additionally, GameFi projects sometimes prevent their communities from participating in governance. On the contrary, MetaCryp will put its community first. Its users can always submit proposals and have the right to give opinions and vote on the decisions that MetaCryp will make.
MetaCryp Token MTCR
The MTCR token will function as both a utility and governance token of the MetaCryp ecosystem. MTCR will allow users to access the metaverse platform and serve as a reward for those who use the virtual space.
MetaCryp vs. The sandbox
Like MetaCryp, The Sandbox is a metaverse platform where you can invest in virtual lands. After buying a plot of land or an estate, you can develop and build a game experience and sell or store it.
Along with a full-fledged metaverse, The Sandbox offers three other products: VoxEdit, an NFT Marketplace, and a Game Creator. VoxEdit and The Sandbox Game Maker help create digital artwork that you convert to NFT. Moreover, these NFTs belong to you permanently until you decide to sell them.
The Sandbox uses SAND, an ERC-20 token, to power its GameFi economy. SAND is a utility token that allows you to perform all transactions within the gaming ecosystem.
MeteCryp Vs. FTX Token
FTX is among the leading centralized exchanges. The crypto platform is based in the Bahamas after leaving Hong Kong. It has a separate company FTX US, operating primarily in the United States. Although a common management team runs the two, their capital structures and trading products differ.
On September 5, 2022, FTX US President Brett Harrison said on Twitter that he had stepped down. In the meantime, he will continue to work with FTX US in an advisory role.
- Set up a cryptocurrency wallet and add BTC, ETH, BNB or MATIC.
- Access the MetaCryp presale website by clicking here.
- Create an account and indicate the amount of MTCR tokens you plan to buy.
- Deposit the crypto to complete your purchase.
- MetaCryp will reward you with a bonus of 32% of the amount you purchase for the first time.
MetaCryp Network is a metaverse project that creates a virtual home for everyone.
Learn more about MetaCryp (MTCR)
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Metacryp: An Emerging Metaverse Like The Sandbox You Can’t Miss
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