Metaverse Monthly Report — May 2021
Highlights:
- Successful release of the new Metaverse Explorer (https://vm-explorer.mvs.org)
- First Stickers NFT ‘Iron Mars Doge’ by Wendi, the founder of the ZUI design art studio was sold on OpenNFT for 15,000 USDT
- Metaverse Foundation plans to acquire half a million more ETP in June, bringing the total amount to 3 million ETP. Can be seen on Metaverse Foundation address: https://explorer.mvs.org/avatar/Metaverse
In the month of May, the Metaverse team has been working hard on further developing the tools needed to navigate the new Metaverse. Recently, the team released the new Metaverse Explorer, visit https://vm-explorer.mvs.org.
New Metaverse Explorer
Easily accessible, the Metaverse VM Explorer allows users to track Metaverse Smart Tokens (MSTs) and NFTs (non-fungible tokens) in real-time as well as an option to track an infinite number of transactions for selected Metaverse addresses or tokens. There is also a dashboard for the “Trending dApps on Metaverse” which include Gene Finance, a cross-chain decentralized platform built to help crypto enthusiasts easily deploy and optimize their digital assets within the DeFi space, Stickers, a platform where users will be able to browse, collect, and participate in NFTs, and OpenNFT, a marketplace for buying and selling NFTs.
The explorer also displays all the digital assets in the Metaverse as well as the transparent liquidity pool data on Geneswap, a decentralized AMM swap system on Metaverse. Last but not least, users can now find all NFTs in the Metaverse on the new explorer.
With graphs that cover almost every measurable facet of the Metaverse blockchain and with new features such as yield farming tools, Metaverse Explorer caters to all of your Metaverse exploration needs.
First Stickers NFT ‘Iron Mars Doge’ sold on OpenNFT for $15,000
An NFT of “Iron Mars Doge” by Wendi, the founder of the ZUI design art studio, was sold for $15,000. NFTs are unique files that live on a blockchain and are able to verify ownership of unique digital art.
A few factors can explain why this piece was so valuable. For one, this piece had a strong appeal to Dogecoin communities and the current hype created by the people pushing it forward such as Elon Musk, who is displayed as “Iron Man” in this artwork. At the same time, Stickers is built on Metaverse which is known for its secure network and low-cost transaction fees, enabling users to trade freely while not being afraid of getting outpriced in fees while trading on the platform.
More details here: https://medium.com/stickers-planet/first-stickers-nft-sold-for-15-000-usdt-b047745fd998
Metaverse Foundation plans to acquire half a million more ETP in June, bringing the total amount to 3 million ETP.
In May, the Metaverse Foundation has bought 0.5 Million more ETP tokens from the market and plans to buy 0.5 Million ETP tokens in June, bringing it to a total of 3 Million ETP. This is part of a designed budget from the Metaverse Foundation to invest in further research, technological advancement of the Hyperspace mainnet development, and to buttress these groundbreaking developments with the proper marketing and community incentives. This will continue up to 6 million ETP.
In May, we burned 1 million ETP-ERC20 tokens, bringing it to a total amount burned of 6,576,348 tokens, and currently, there are 7,797,994 ETP-ERC20 outstanding.
Burned Transaction Hash: TBA
We intend to burn 1–2 million monthly for the next several months.
The Foundation’s balance is public information that can be found on the Foundation address:
About Metaverse Foundation:
Metaverse Foundation aims to maintain the operations of the Metaverse blockchain and build a complete and affluent Metaverse ecosystem. The Foundation’s investment and guidance are based on the development of all industrial links derived from the Metaverse blockchain.
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