Metabank Builds First Decentralized Bank on Metaverse

in crypto •  3 years ago 

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#Crypto #Metabank #Trade #Invest Following the development of an all-digital world, Metabank has built the first decentralized bank in the metaverse, in order to improve service and customer experience.

The metaverse sector is indeed one of the hottest sectors in the crypto industry, which is still developing well, amid the market correction that has hit the crypto market since November 2021.

This sector is the link between the digital world and the real world, by leveraging advanced blockchain technology. It started with a lot of interest in the decentralized metaverse platforms of Decentraland and The SandBox.

This sector in a short time has grown rapidly and attracted many enthusiasts, from retail investors, companies, business networks, fashion, to top artists and artists. The flow of funds to this sector is also growing rapidly.

The First Decentralized Bank in the Metaverse from Metabank

Like a hidden gem, Metabank has seen a profit opportunity in the metaverse, by presenting the virtual world's first decentralized bank. This is a unique, distinct and profitable metaverse investment offering.

This will be presented in the form of a franchise, so that investors, as franchisees, can open Metabank branch offices in each metaverse.

Investors will become avatar customer agents in every branch office that is opened, whose task is to answer questions from each prospective customer.

The profit that will be obtained by the Franchisee comes from every transaction fee and attractive commission fee.

The private sale of this offer has started on June 4, 2022, which can be accessed directly on the official website.

Visit now: https://metabank.li/

And to get a 25 percent discount, users can use the promo code: TGM252, at the price of Metabank's native token, METAX, at US$0.99.

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And the business scheme, customers only need to use the Metabank mobile application, which can be downloaded on android smartphones (iOS will be available soon), to connect their existing bank accounts and crypto wallets.

In addition, users will also get virtual credit cards with Visa and MasterCard.

The card can be added by users to Apple Pay or Google Pay to make payments anywhere using a smartphone.

Once the Metabank mobile application is connected, users will be able to use Metabank in all metaverses as well as the real world. There is no longer any boundary between these two worlds.

In addition, Metabank also provides a P2P (peer-to-peer) credit feature, with customers making it possible to get loans in the metaverse and use their funds anywhere, including in the real world.

To access these features, borrowers can use METAX tokens as collateral for loans. This will directly provide strong utility for the token.

And in the future, virtual land will also be used as collateral to get Metabank credit, which is certainly an attractive option for investors in the metaverse sector.

The Power of Web 3.0 & The Metaverse

There are so many webs in here: Web1.0, 2.0 and 3.0. The thing is, you can’t begin to understand the third one, without understanding what came before it. Let’s delve in deeper!

Web 1.0

Web 1.0 refers to the first stage of the World Wide Web evolution. Earlier, there were only a few content creators in Web 1.0 with a huge majority of users who are consumers of content. Personal web pages were common, consisting mainly of static pages.

So, this early internet was all about these webpages, which were connected into a system using hyperlinks. Think of a massive, digital encyclopaedia, without the visuals, controls, forms, and interactivity associated with the modern internet. That’s why it’s known as the “read only” web.

Web 2.0

With Web 2.0, the focus moved away from a small amount of people making a large amount of content, to a large amount of people making even more content.

This form of the internet emphasised UGC, ease of use, participation and interactivity, and compatibility with other devices and systems. Basically, it became all about the end user’s experience.

A few elements that define Web 1.0 can include:

  • Free sorting of information
  • Developed APIs
  • Self-usage
  • Dynamic content
  • Wide societal use, not just specific communities

Web 3.0

It is known as the future of the internet. It involves a space where people operate on decentralised, almost anonymous platforms.

Web 3.0 was conceived as a more autonomous, intelligent, and open internet.
This internet would involve AI and ML which would process content like a “global brain”, with all data being connected in a way that is contextual and conceptual. But this didn’t pan out. The tech just wasn’t.

So, the decentralised technologies that have exploded in the last few years — De-Fi, Blockchain, NFTs, AR Cloud, Distributed ledgers, AI and ML, The Metaverse will mean a move towards data decentralisation and a transparent, secure internet.

A few elements that define Web 3.0 may include:

  • Semantic web, where web tech is improved to create, share, and connect content through search and analysis, based on comprehension not key words.
  • AI and ML.
  • Connectivity of multiple applications and devices, through the Internet of Things
  • 3-D graphics.
  • Interactivity without need to go through a trusted intermediary
  • Participation without the need for authorisation from a governing body.

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About Metabank

Metabank is building the first decentralized bank in the Metaverse. With the Metabank app, simply connect your existing bank accounts and wallets or get a virtual credit card by Visa or MasterCard. You can use metabank in all Metaverses as well as in the real world. With web 3.0 the frontiers of virtual and real worlds.

Joining the Web3 Metaverse? there are many ways to join the exciting world inside the Web3 metaverse. For example, you can enter the first bank in the metaverse, metabank. Metabank will provide Defi and traditional banking services as staking, loans, credit and debit cards, OTC. As well as decentralized peer-to-peer lending, without intermediaries or “middle-men”. Metabank have branch offices in every metaverse, customer care officers, avatars, and a mobile app.

Metabank has already a fully functional product. You can download the app on Google Play from next week and the iOS version should be available shortly on App Store too.

For more information:

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3 years ago by

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