What do play-to-earn gaming, decentralized finance (DeFi), metaverse, and NFTs have in common? These are emerging sectors that have gained immense popularity in the world of blockchain and cryptocurrency, and these markets continue to grow. Metacryp Network (MTCR) news…
There is also a lot of untapped potentials as no project has yet successfully united all of these concepts into an all-in-one blockchain platform. Until now, that is.
Metacryp Network (MTCR) is a new cryptocurrency that is used for utility and governance on the decentralized blockchain-based ‘Metacryp Network’. A community-driven which converges the worlds of gaming, play-to-earn (P2E), non-fungible tokens (NFTs), and DeFi in a next-generation GameFi metaverse.
What Is the Metacryp Network (MTCR) Metaverse?
The metaverse is a concept that envisions virtual experiences with an all-in-one ecosystem of interconnected applications. Gaming is a common aspect of metaverses and these gaming experiences provide a digital world in which users can interact with one another, as well as internal and external activities and services.
The Metacryp Network (MTCR) metaverse is an interactive virtual world where users can participate in gaming activities to have fun and earn rewards. NFTs are incorporated as representations of ownership for in-game assets, customizable player avatars, and more. These NFTs can be purchased, traded, or earned by playing the game.
‘Holiday Venues’ is one of the unique features of the Metacryp Network (MTCR) metaverse and helps to provide greater escapism to the community by allowing them to, at the click of a button, transport themselves virtually to a variety of curated experiences that are designed to look like real life holiday destinations. Travel somewhere far-flung and exotic and experience realistic virtual holidays without leaving the comfort of your home.
Unlike centralized metaverses, gaming, and P2E applications and projects (and even some blockchain-based ones!), Metacryp Network (MTCR) is accessible to all and does not have any KYC requirement. This means that anybody can join the network without submitting personal information or identification.
What Is Metacryp Network (MTCR) Used For?
Metacryp Network (MTCR) is the utility and governance token of the Metacryp Network metaverse ecosystem and it is a BEP20 cryptocurrency compatible with Binance Smart Chain. The token is used to gain access to and participate in metaverse applications such as play-to-earn gaming activities and it is used for rewards distribution.
The token is also used for governance. Owning (MTCR) grants users membership to the project’s decentralized autonomous organization (DAO) and the ability to submit and vote on governance proposals. Governance proposals contain proposed changes to the network, and DAO members can vote to influence the decision-making process. A user can boost the power of their vote by owning more tokens.
One thing that Metacryp Network (MTCR) is not used for is fees for transactions between accounts. Not only are transactions between native wallets on Metacryp Network instantaneous, but they are also fee-free.
The total supply of (MTCR) is 500 million. No more or less than 500 million (MTCR) tokens will ever be in circulation at any one time.
MetaCryp (MTCR)
Website: http://metacryptoken.io/
