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Metaverse (ETP) trading has now begun on Bitfinex and is available on trading pairs ETP/USD, ETP/BTC & ETP/ETH. Metaverse is a public blockchain based on the PoW consensus mechanism. Metaverse is committed to providing decentralized services based on asset registration, digital asset exchange, digital identity and value intermediaries in order to build an open ecosystem in which digital value can be circulated freely. ETP is the token used on Metaverse  EPT  and can be used to measure the value of smart properties in Metaverse or as collateral in financial transactions. ETP is also used to pay transaction and other fees applied on Metaverse. Margin trading for these pairs will be enabled at a later point in time, once the order book develops sufficient liquidity.

Baofeng Group (Shenzhen Stock Code: 300431) subsidiary Beijing Baofeng Xinying Technology signed a strategic partnership with Metaverse  on 25 December 2017. As strategic partners, both parties will jointly research and develop the Blockchain Consensus Network (BCN) as well as Blockchain-as-a-Service architecture, with the aim of expanding blockchain technology applications. According to the terms of the partnership, Metaverse will provide technical support for full nodes for Baofeng Bokocloud and assist with upgrades to their consensus mechanism and incentive model. Baofeng Xinying will also be appointed as an honorary member of the Metaverse Foundation, and help enrich the Metaverse ecosystem with resources built on the BCN. Their architecture will support Metaverse’s full nodes and all future versions of the Metaverse blockchain. Baofeng Xinying will also provide a range of BCN services including system setups, network commissioning and 24/7 technical support for Metaverse to...

On October 24–25, Eric Gu, the founder of Metaverse Foundation, was invited to attend the World Blockchain Summit held in Dubai. World Blockchain Summit gathered emerging blockchain enterprises and senior blockchain experts. Metaverse team discussed the development and prospects of the blockchain technology together with many participants. At the same time, Eric Gu delivered a speech and shared his unique opinions with respect to blockchain. At the summit, Eric Gu gave a presentation themed “Digital Identity: Commercial Application of the Blockchain”, which explains the importance of digital identity in the development of blockchain technology. Additionally, the founder elaborated China’s first public blockchain Metaverse’s development progress and its huge commercial potential in digital identity, digital assets and BaaS. Dubai government attached great importance to the World Blockchain Summit, where government officials attended the meeting and participated in the discussions...