Hello, this is MEVerse team.
After completing MEVerse Mainnet 2.0 update to improve performance, MEVerse has completed the EVM(Ethereum Virtual Machine) integration to the mainnet, which has resulted in excellent performance and interoperability.
In addition, we have successfully onboarded Web3 game DApps, starting with Pocket Battles NFT War to Solitaire Crypto War, and implemented a more advanced Web3 ecosystem by supporting on-chain game features such as in-game NFT conversion, hero promotion and level transfer.
We are excited to share our visionary roadmap for 2024 to expand MEVerse mainnet ecosystem and broaden its use cases.
MEVerse Mainnet Update
MEVerse currently has a performance of 9,000 TPS, which is optimized for real-world user-based services, and we will continue to update mainnet to minimize inconvenience for mainnet users.
Improve Peer Scaling Algorithm
We plan to improve the Peer scaling algorithm. In the case of private chains, there may be cases where active expansion of peers is not necessary. We will build an independent confirmation system for each node in the private network. This algorithm improvement will enable the development of side chains and private chains utilizing MEVerse mainnet technology. There are few use cases lined up as we will dive more into it below.
Public RPC Node Stabilization
We are currently operating public RPC nodes to enable DApp’s operation, and to stabilize them, we will evaluate the operation of backup nodes and the level of block synchronization to improve the delivery of the latest blocks in real time.
MEVerse Scan Update
We will be updating MEVerse Scan, one of the main infrastructures of MEVerse mainnet, to provide additional features such as contract verification, direct contract interaction via ABI, Web3 interface support, and expansion of supported tokens.
MEVerse Ecosystem Update
Web3 E-Sports Tournament Platform Mainnet Integration
We are planning to integrate MEVerse mainnet to the Web3 E-sports tournament platform to expand the MEVerse mainnet ecosystem. The E-sports market in exploding every year, and international recognition is shifting, such as being selected as a sport at the Asian Games. MEVerse is planning to integrate its mainnet to the platform, which is building a complementary solution by combining existing systems and blockchain technology, to jointly develop blockchain infrastructure together. This will enable on-chain tournament participation, prize distribution, and governance voting based on MEVerse mainnet.
We also plan to develop a side chain that aims to standardize on-chain data for Web3 games and solve fee issues, and we will utilize MEVerse technology to build and operate the side chain..
MEVerse Holdem(tentative) Onboarding
MEVerse Holdem is a game that combines ME2ON group’s signature game genre, Texas Holdem, with MEVerse blockchain.
Texas Holdem is currently enjoyed by 900 million people around the world and has a market size of 96.2 billion USD in 2023. It’s expected to grow at 12% annually, and is expected to reach a market size of 170 Billion USD by 2023. In particular, it is expected to expand even more significantly in the future as it is expected to be selected as a demonstration event at the 2028 LA Olympics.
[reference: https://www.custommarketinsights.com/report/online-poker-market ]
MEVerse Holdem will be developed based on the know-how and user base from ME2ON Group’s existing services, and aims to establish a blockchain-based online poker platform utilizing currencies like MEV, USDT, and USDC.
MEVerse Holdem will support various game modes such as regular holdem, ante holdem, omaha holdem, and sit & go, and will host a variety of tournaments at all times, ranging from low entry fees for casual players to large-scale tournaments with huge prize pools. Players can participate in the game using crypto such as MEV, USDT, USDC, and more, and a portion of the game’s operating revenue will be returned to the players as Rake Back(MEV) rewards.
MEVerse Holdem is a Web3 game that can be played on any device or platform, and will utilize MEVerse mainnet technology to ensure transparency, security, and player autonomy and initiative in game asset management.
New STO Business
MEVerse is preparing for a new STO business by utilizing its blockchain mainnet technology.
The Korean token security market is expected to grow from 34 trillion KRW in 2024 to 367 trillion KRW in 2030, including real estate and other financial assets, mainly in the financial industry.
Therefore, MEVerse is preparing the Security Token Factory(STF), a token securities issuance and distribution platform based on MEVerse blockchain.
STF aims to provide a token securities platform solution by utilizing the blockchain so that companies and asset holders can tokenize assets or corporate projets and conduct public offerings to secure liquidity, and investors can invest in small assets such as corporate projects, real assets, and financial bonds.
MEVerse Labs will also proceed with entertainment and real estate as the underlying assets, and will continue to expand the field by forming council with additional underlying asset companies and projects. The collaboration with Realty Korea, a commercial real estate brokerage firm, and Estern Development, a real estate development company, which we partnered earlier is part of this business.
As mentioned above, the platform will be built using MEVerse mainnet for the token securities platform solution, and the selection of financial institutions to utilize the platform is underway.
Through the STF platform, MEVerse aims to expand the use of the MEVerse blockchain, provide reliable and transparent blockchain to various demand parties related to token securities, and strengthen the values of MEVerse mainnet by conducting public offerings through assets and contests.
Commercialization of MEVerse and to be More Trusted Project
MEVerse is a project that has launched and operates a number of innovative blockchain services with the goal of creating the easiest and commercialized mainnet. In 2024, MEVerse plans to launch MEVerse Holdem, ME2ON Group’s most anticipated project, and also plans to actively utilize MEVerse in the Web3 E-Sports tournament platform. MEVerse will also utilize the MEVerse network for STO platforms to provide relatively more efficient and secure mainnet technology.
Future initiatives such as the Metaverse and AI-related projects will be announced in the second half of 2024, and we will be 100% committed to the tasks at hand.
MEVerse will always prioritize the safety of our users and become a project that contributes significantly to the development of the blockchain industry.
Thank you.
