Ethverse is pivoting to Merkle Network

Alex Cupra
Ethverse
Published in
2 min readApr 16, 2021

Dear Community,

As a result of the legal enquiries due to the End User License Agreement of the gaming platform we are using, Ethverse is ceasing gaming operations and transitioning into something bigger. All the development done by the Ethverse team till date will be open sourced and will be available for anyone who wishes to carry the baton forward and make the vision of Ethverse a success. The trading of ETHV tokens will remain active on Uniswap until 4th May 2021, following that it will be used for adding liquidity for the swapped tokens for the new project.

This is not an ending, but a start of something bigger

We are fully committed to all the existing Ethverse token holders and we will not leave our community and token holders in lurch. We will open provision for ETHV holders to swap $ETHV 1:1 with $MERKLE tokens. We have recently been doing an extensive research and working with like minded people in this space to implement multi-chain support and interoperability of Ethverse tokens. We are fortunate to be a part of a breakthrough which will solve one of the biggest pain points of the crypto industry.

Our team will eventually transition to run merkle.network and Ethverse token holders will be able to swap $ETHV tokens 1:1 with $MERKLE tokens.

This has not been an easy decision for us as we recently launched our mainnet after months of persistent hardwork. We still believe in the vision of Ethverse and hope to see someone making this project a reality.

About Merkle Network

Merkle Network is a network for interoperable oracles which will enable decentralized transfer of data and tokens between the chains. Merkle network makes interoperability between the multiple chains possible. Merkle Network unlocks the true potential of the existing blockchains by enabling them to communicate with each other and build cross chain dApps and assets.

You can read more about Merkle Network on https://merkle.network/

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Alex Cupra
Ethverse

Founder of Ethverse, Ethereum developer 3+ years experience