MetaPlanetary is proud to announce the launch of its Initial Coin Offering (ICO) for its revolutionary decentralized platform that aims to create a new decentralized metaverse. This platform is designed to strike a balance between traditional financial systems with their many hindrances and the native crypto solutions that typically lack necessary KYC and AML measurements. The MetaPlanetary ICO will provide investors with the opportunity to be part of the future of the decentralized metaverse and to invest in the MetaPlanetary token, MPY, which is the native utility token used for transactions within the platform.
One of the key features of MetaPlanetary is the use of digital identities represented by Soul Bound Tokens (SBT). SBTs are issued and bound to unique blockchain accounts or wallets associated with specific individuals. This allows for secure and private transactions, as well as providing a way for users to express and present themselves in new ways, enabling new forms of interaction.
Our platform also provides a mechanism for an individual to obtain a Consolidated ID (CID), which amalgamates all of his/her existing Web 2.0-based IDs. This eliminates the need for users to remember and manage multiple IDs from different platforms, making it easier to navigate and use the Metaverse.
MetaPlanetary also offers a currency auto-conversion functionality that allows users to pay for services and to all merchants using our native currency. This eliminates the need for users to hold multiple different types of digital currencies, making it more convenient for them to use our platform.
In addition to the above features, MetaPlanetary also has an Omni Bridge that connects all platforms together seamlessly. This allows for easy integration with other platforms and services, making it possible for users to access and use a wide range of features and services within the Metaverse.
To ensure the security and stability of our platform, we have also implemented a decentralized governance structure, which is facilitated by our own token, MetaPlanetary (MPY). MPY is used to govern the platform and make decisions on its development, ensuring that the community has a say in its direction.
Website: https://metaplanetary.io/