What is Metaverse?
Metaverse is a decentralised platform based on blockchain technology. Metaverse is building a web of Smart Properties and establishing an open ecosystem in which digital value can be circulated freely.
The platform will build a web of “Smart Properties”. Some of these Smart Properties include digital asset registration, digital identity creation, intermediary services (called Oracles), and a decentralized exchange. The created digital assets can be backed by gold and sent instantly to anywhere in the world through the ZenGold Metaverse blockchain application. The ZenDao DApp can be used to verify and provide proof-of-ownership for real-world items. Oracles on the Metaverse blockchain link it to the real world and make it easy to transfer personal data and assets between each other.
Metaverse is sometimes called the Chinese alternative to Ethereum.