Dubai, United Arab Emirates--(Newsfile Corp. - January 21, 2022) - UMetaWorld announced the launch of a new metaverse project aimed at constructing a virtual replica of reality. The project blends virtual reality (VR), geo-location, and 3D modeling to create a reality-based social metaverse.
UMetaWorld's mission is to recreate each and every city on the planet. Its socially-conscious approach stems from its focus on under-represented regions. UMetaWorld aims to preserve and promote diverse cultures by making them accessible to everyone, regardless of location.
What Makes UMetaWorld So Special?
UMetaWorld is a large-scale project aiming to reproduce the actual world in virtual space. Users will be able to roam around a virtual replica of the real universe without any physical constraints. The project is now being implemented city-by-city, starting with Monaco.
What sets UMetaWorld apart from similar metaverse initiatives is its concentration on preserving and sharing the world's unique experiences and attractions. Users will be able to visit stores in some of the world's finest cities and have orders shipped directly to their real-world homes.
By fusing the real and virtual worlds, UMetaWorld aims to create a one-of-a-kind experience for enterprises considering virtualization. The software improves the flow of online meetings and presentations, making them more personalized and engaging. The platform also aims to offer a whole new method for customers to shop and interact with businesses, guiding enterprises into the next phase of the web's evolution.
From a social standpoint, UMetaWorld functions as a more immersive and connected alternative to today's social media. The platform allows users to have an emotional experience and engage with the universe through a customized avatar. The avatars are based on the user's physical self and may communicate vocally with other avatars.
The Umetaverse will also enable users to play games, learn and interact, and earn bitcoin through a range of activities.
Blockchain: The Key to Success
Blockchain technology serves as the foundation and infrastructure for UMetaWorld's metaverse. The platform's native token $UMW will first be issued on Binance Smart Chain (BSC), followed by similar chains. This provides the project with multi-chain capabilities, enhancing usefulness and value for users regardless of which blockchain they choose.
The platform will also feature activities such as treasure hunts, quests, and many more to boost involvement and earning potential. The $UMW token fuels everything in the Umetaverse, from stores to transactions to enterprises.
The token shall be issued through an initial bonding curve offering (IBCO). This allows the market to determine the token's price. To prevent flooding the market and diluting holders, the coin will be minted depending on demand. To ensure consistent valuation and demand, the project intends to limit and regulate the supply of $UMW tokens.
In the near future, the coin will also grant holders voting rights. Voting power is determined by the length of time the token is held rather than the quantity, rewarding loyal community members for their ongoing assistance. This gives the platform a superior dimension.
UMetaWorld: Vital Facts
The UMetaWorld project was initiated in early 2021 by an Italian entrepreneur who also happens to be the creator of UUp Social LLC, a firm situated in Miami, Florida.
UMetaWorld is managed by a foundation comprised of $UMW token holders and elected executives. A decentralized autonomous organization (DAO) enables users to vote on proposals. The platform's governance is divided into five primary branches that oversee various aspects of Umetaverse.
The token economics are managed by the UMetaWorld foundation, while the Miami-based corporation owns the intellectual property.
More information is available on the UMetaWorld website.
Contact Media Details
Name: Fomo Crew
Mail Id: firstname.lastname@example.org
Phone Num: +9712218899
Country: United Arab Emirates
Country Code: 971
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