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Issue Time
2021-07-25
Platform pertained to
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Current price
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Volume of Transaction
24h
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0.00AI
Volume of Transaction
7d
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WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!
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Aspect | Information |
---|---|
Short Name | AI |
Full Name | Multiverse |
Founded Year | 2017 |
Main Founders | Cliff Szu |
Support Exchanges | Binance |
Storage Wallet | MultiversX Wallet, Exchange Wallets, Web Wallets |
Multiverse, a groundbreaking decentralized metaverse platform founded in 2017, offers a transformative online experience. Rooted in principles of accessibility, community, and inclusivity, it's a hub for business growth and human connection.
Spearheaded by CEO and co-founder Cliff Szu, Multiverse is a beacon for democratizing ownership and voice in the digital realm. Its token, $AI, is exchanged on platforms like Binance and Huobi and stored in wallets like Metamask. Beyond its technological prowess, Multiverse stands as a symbol of equal digital opportunities within the vast cryptocurrency ecosystem.
Pros | Cons |
---|---|
Layer-1 Protocol | Volatility |
Uniqueness | Complexity |
Robust Ecosystem | Regulatory Hurdles |
Strong Backing | Tech Dependence |
Diving into a comprehensive analysis of its strengths and weaknesses, equipping you with the knowledge needed to make informed decisions in this dynamic digital realm
Pros:
1. Layer-1 Protocol: Offers scalability, energy efficiency, and enhanced safety.
2. Uniqueness: Distinct features setting it apart from competitors.
3. Robust Ecosystem: Comprehensive token use cases and applications.
4. Strong Backing: Supported by a competent team, partners, and investors.
Cons:
1. Volatility: Like many cryptocurrencies, its value can be unpredictable.
2. Complexity: Might be challenging for new investors to understand.
3. Regulatory Hurdles: Faces potential legal and regulatory challenges.
4. Tech Dependence: Relies on the broader acceptance of blockchain technology.
What Makes Multiverse Unique?
Through a solid token-based economic framework and a steadfast dedication to crafting an accessible digital realm, it has opened the door to endless opportunities for everyone. In the Multiverse ecosystem, individuals can wear multiple hats - as stakeholders, financiers, participants, and innovators.
Multiverse is not just a concept; it's a tangible, evolving metaverse with a unique token system and an innovative multi-chain ledger. This metaverse is designed to empower decentralization, commerce, and recreation. It provides an ecosystem where enterprises can be built, economic value can be created, and users can experience the internet in an entirely new way. Multiverse is adaptive, learning, and offers state-of-the-art services through decentralized governance. It operates autonomously, free from human biases or corruption. At its core, Multiverse is driven by a community passionate about the potential of decentralized technology. It ensures equal access to groundbreaking technologies, leading to transformative experiences for its users.
Multiverse (AI) has seen notable price shifts over recent years. Peaking at $0.266783, and its total circulating supply is around 100 million tokens. However, the price of MVS has since fluctuated significantly. Multiverse is a mineable token, but there is no mining cap. This means that the total supply of MVS could continue to increase over time, which could have an impact on its price.
Overall, MVS is a relatively new token with a volatile price history. It is important to note that the price of MVS could continue to fluctuate significantly in the future.
Multiverse tokens can be acquired on several prominent cryptocurrency platforms. Here are the notable platforms where you can purchase Multiverse:
Coinbase Wallet: While Multiverse is not currently available on Coinbases centralized exchange, you can buy Multiverse on Coinbase Wallet, which serves as a gateway to the world of crypto.
Binance: Binance, one of the world's leading cryptocurrency exchanges, has a guide on how to buy Multiverse. How to Buy Multiverse on Binance
CoinMarketCap: While not an exchange, CoinMarketCap provides real-time price data and trading volume for Multiverse, which can be a useful reference when considering purchases. Multiverse on CoinMarketCap
Storing Multiverse tokens securely is essential to ensure the safety of your digital assets. Given that Multiverse operates on its own blockchain, it's crucial to use wallets that are compatible with its ecosystem.
Here are some of the recommended methods to store your Multiverse tokens:
- MultiversX Wallet: An official wallet provided by Multiverse, it allows users to securely store, transfer, and swap tokens. It also facilitates connections to Web3 apps on the MultiversX blockchain.
- Exchange Wallets: Some cryptocurrency exchanges provide wallets for the tokens they list. Binance, for instance, has a guide on purchasing Multiverse, Binance offer a wallet solution for Multiverse tokens, given their guide on purchasing the token.
- Cold Storage: It is an offline storage solutions, as the safest method for storing digital assets.
- Web Wallets: These are online platforms that allow you to store and manage your tokens.
Multiverse, with its innovative decentralized artificial intelligence ecosystem, presents a unique investment proposition. Here are some potential investor profiles and considerations for those pondering an investment in Multiverse:
- Innovative Tech Advocates: Individuals intrigued by the fusion of blockchain, AI, AR, and VR technologies might find Multiverse appealing, given its commitment to revolutionizing these domains.
- Crypto Veterans: Seasoned cryptocurrency investors, familiar with market dynamics and potential, might see value in Multiverse's unique offerings and its potential for growth in the decentralized tech space.
- Visionary Investors: Those who foresee the transformative potential of decentralized platforms and the metaverse might view Multiverse as a long-term investment opportunity.
Here are several professional suggestions for traders to consider:
- Comprehensive Research: Before diving in, ensure you understand Multiverse's mission, technology, and market position. Stay informed with its latest developments and news.
- Risk Awareness: Cryptocurrencies can be volatile. Be prepared for potential fluctuations in the value of your investment.
- Diversification: As a best practice in investment, consider diversifying your portfolio to spread and mitigate risks.
- Consult Experts: Especially if you're new to the crypto world, seeking advice from knowledgeable financial advisors can be beneficial.
- Security First: If you decide to invest, ensure you use reputable exchanges and prioritize the security of your assets.
Multiverse represents a convergence of blockchain, AI, AR, and VR technologies, aiming to provide a decentralized platform for users and developers. Through its ecosystem, it offers a space for various interactions, from economic transactions to social engagements. As with any emerging platform, potential users and investors should conduct thorough research to understand its offerings, capabilities, and the broader market context in which it operates.
Q: What are the usage and rights of PET tokens?
A: PET serves as the universal token of the MultiverseDAO, including third-party platforms. PET holders have DAO governance rights, can use PET tokens to purchase assets and land, obtain license minting assets, and determine rarity. PET is also used in trading mining, liquidity mining, governance mining, and more. 50% of profits are used to repurchase PET, which is then locked in the DAO account.
Q: What is the allocation of PET tokens?
A: The private offering is 10% for four years with a monthly linear release. The Protocol Lab gets 10% for ten years with a monthly linear release. The incentive pool is 80% for twenty years with a daily linear release, divided among players, content creators, IP parties, mining, and marketing.
Q: How much is the trading handling fee? How is it used?
A: The trading handling fee is 2.5%, with 50% used by DAO to repurchase PET.
Q: What steps are taken to enhance the activity on the Metaverse platforms?
A: In the third stage, Multiverse intends to tackle the activity problem of the Metaverse platforms by releasing the guild alliance and Play-to-Earn mode.
Q: How does Multiverse plan to address the isolation problem of the Metaverse platform?
A: In the fourth stage, Multiverse aims to solve the isolation issue of the Metaverse platform by establishing an aggregation portal.
Q: What are the future plans for Multiverse?
A: Multiverse has a roadmap that includes NFT Trading Mining, opening parallel universes, incubating guild alliances, organizing diverse Metaverse events, and eventually aggregating parallel Metaverses to become the Multiverse
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