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How To Play The Underlying Protocol Of The Metaverse? Lets Take A Look Of WoW Solution

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3 years ago

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The future has come, curtain of the Metaverse has opened

In 1992, Neal Stephenson put forward the concepts of “Metaverse” and “Avatar” in his science fiction novel “Snow Crash.” The plot of the book takes place in the future setting of a real human living in a virtual space with a virtual human through a VR device.

In 2003, the first phenomenal virtual world “Second Life” was launched. The explorers team said that it was not a game. “There were no conflicts to create and no artificially set goals”. People could socialize, shop, build and do business in it. People experience the parallel world on the Internet for the first time.

In 2021, Facebook announced an investment of US $50 million, based on AR and VR technologies, to develop the Metaverse: a digital world where multiple people can live at the same time.Zuckerberg announced that he wanted to build Facebook into a Metaverse company.

History may not repeat itself, but it does rhyme！

The dream of the Internet at the beginning of its birth seems to be moving towards reality. We may really become ready” player 1 “in Spielberg’s films.

Blockchain, the most important underlying technology of the meta universe

But can Facebook make a Metaverse? Many people disagree, because in addition to AR and VR, there is another area that can not be ignored – Blockchain. Facebook’s genes doomed it to be difficult for him to embark on the road of decentralization.

From the perspective of infrastructure, all transactions in virtual space-time need a technology to ensure the security of transactions and the reliability of account books.

From the perspective of governance, we need to ensure the fairness of the birth of the virtual world, and people no longer need a centralized virtual space-time controlled by authority

Under the framework of blockchain: we can have social platforms based on rules and algorithms, digital currency and economy platforms based on blockchain, and content platforms based on UGC.

Everything has its origin, so the underlying protocol of the metaverse is particularly important.Many of Blockchain projects are trying to contribute their own answers to this question.We will analyze one of the projects, the WoW Metaverse, what they are doing for it ?

Like all metaverse projects, WoW Metaverse first built its own story:

After experiencing many difficulties, elves and humans beat back the giant animal’s army by letting humans learn magic.The 51 magicians who defeated the giant animal army became archbishops, jointly formed the Hall of Elders and became the leader of the whole human elf alliance.The magicians who lead WoW open a new legend with their own wisdom, which is WoW Metaverse.

The Hall of Elders composed of archbishops is the highest authority in WoW World.In addition, there are 10200 chief priests, attached to the archbishop, who are powerful members of WoW World and maintain the daily stability of WoW.

All humans and elves in WoW are eager to try, strive for 51 archbishops and set up a team to gain the greatest influence for their team and lead tribal residents to create WoW Metaverse ecology.

Users can obtain Archbishop NFT through purchase on the official website. With Archbishop NFT and 100 magicians in the magic team, you can divide 50% of the mining tax every month.

Get the Priestly NFT through the official website. Each Priestly NFT can receive 1000 WOW as a bonus and divide 10% of the mineral tax every month.

Other ordinary users only need to hold 200 WOW tokens to become a WoW magician, and can participant the mining of the bounty pool.

These three constitute the strongest governance framework in WoW World.In order to balance the ecological competition, WoW also provides a variety of playing methods such as blind box, upgraded, Hunters for bonus, token destruction and so on.

Through the creation of authority structure and playing methods, and the circulation of NFT and governance token, the governance protocol of WoW World is slowly launched.

After careful study, we can see that the whole governance protocol has the following advantages:

—Low threshold

Users can mining without staking which its holding is mining, reduces the access threshold of Metaverse.

—High liquidity

By setting the minimum threshold, strengthen the transaction motivation and ensure the flow foundation.

—High fairness

There is no monopolize holder,balance will be automatic adjusting by whole net.

—High promotion

very positive promotion mechanism to make marketing efficient,here is no chance to get benefit without working,fair is platform’s principle

—High retention of users

value exchanging keep users stay the platform forever and build a very prosperous ecology

Whether WoW’s scheme can realize the above advantages remains to be verified in time, but it clarifies what characteristics a healthy and lasting Metaverse governance agreement should have in order to completely activate the door of the new world.

After the door is opened, the metaverse can not complete the closed loop until the real UGC is realized. These directions are also mentioned in WoW’s planning. AS the following three points

—NFT Platform

The full name of NFT is non fungible token, which is an important trading medium of metaverse. In addition to building a perfect NFT trading platform with famous artists and collections, metaverse will also actively explore and expand its influence in domain name, copyright, bill and other markets.

—Game BaaS platform( Blockchain as Service)

The Metaverse ecology will provide you with complete meta universe game scenes:

Users can choose games freely, participate in games fairly and even create games independently by themselves.

Mature games will be organically combined with blockchain. BaaS system helps more games break through the closed economic system and become a P2E game.

—WoW social platform

Anyone can create “avatars” in the metaverse. In the future, there will be friends on the platform of each metaverse, which can realize barrier free communication. Therefore, the research on compatibility (cross chain) development will play an important role.

William Ford Gibson, a famous science fiction novelist and writer who once wrote “Neuromancer”, once said:

The future is already here, it is just not evenly distributed

We don’t know how the Metaverse develops, but we may be able to ask the right questions from innovators such as WoW Metaverse.

Learn more about WoW Metaverse?

Follow WoW’s twiiter：https://twitter.com/MetaverseWow

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

UVKXE Releases Anti-Scam Guide, Enhancing User Security Protections

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6 hours ago

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November 23, 2024

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DENVER — Recently, the globally renowned cryptocurrency trading platform UVKXE has published its latest anti-scam guide to address the escalating threats of online scams, establishing a comprehensive protective barrier for users worldwide. The guide focuses on various scamming tactics prevalent in the cryptocurrency sector, highlighting what users should be aware of during transactions and asset management, while also providing effective preventive measures.

Kevin Anderson, CEO of UVKXE, noted: “As the cryptocurrency market continues to expand, more cybercriminals are turning their attention to cryptocurrency users, developing sophisticated scam techniques. As a well-known platform in the cryptocurrency trading field, UVKXE has a responsibility to help users identify and mitigate these potential risks. Through the release of this anti-scam guide, we aim to further enhance user awareness and safeguard their digital asset security.”

The guide outlines the common characteristics of these scams, such as phishing emails that typically use UVKXE or similar official-sounding names, along with forged logos and links, to deceive users into providing their login credentials and sensitive information. It also advises users to always choose official channels when downloading applications to avoid malicious software. Furthermore, UVKXE emphasizes that the platform will never proactively request users to provide sensitive information such as passwords or verification codes in any form.

In addition to the anti-scam guide, UVKXE will launch a series of interactive activities, utilizing community forums and video tutorials to educate users about safety knowledge and help them recognize and respond to potential threats. The UVKXE security team stated that these activities will not only provide real-time updates on scams but also offer users opportunities for direct communication and inquiries.

The investment in technology and education is reflected not only in the publication of the anti-scam guide but also in daily operations and maintenance. Kevin Anderson concluded: “Every protective measure and security technology implemented by UVKXE is designed to ensure the safety of user assets. In the future, we will continue to advance this mission, providing users with safer and more convenient cryptocurrency trading services.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Press Release

UVKXE Clarification Statement: A Legally Compliant Trading Platform with International Accreditation

Published

6 hours ago

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November 23, 2024

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DENVER — Recently, the Securities Commission Malaysia (SC) published a list on its official website of cryptocurrency trading platforms that have not met its local registration requirements, mentioning UVKXE. UVKXE takes this matter seriously and wishes to clarify its credentials and compliance status to its users.

Global Compliance Credentials of UVKXE

UVKXE is committed to operating under legal and compliant principles, upholding a user-first core value. The platform has obtained several certifications from international authoritative regulatory bodies, including but not limited to:

U.S. MSB License
UVKXE has obtained the MSB license issued by the U.S. FinCEN. This certification represents the highest recognition by the U.S. government for financial service institutions, ensuring that UVKXE can legally conduct cryptocurrency-related business.

U.S. SEC License
As one of the few cryptocurrency trading platforms registered with the U.S. Securities and Exchange Commission (SEC), UVKXE complies with securities and investment-related legal regulations, providing users with a safer and more transparent investment environment.

Background on the Malaysian Public List

The list published by the Securities Commission Malaysia mainly targets trading platforms that have not met local registration requirements, such as Binance and Bursa Malaysia, rather than denying the platform legality. UVKXE has obtained multiple authoritative licenses internationally, and its compliance is beyond doubt. UVKXE is in communication with relevant departments to understand local specific regulations and to advance the registration process, ensuring compliance with local market requirements.

Commitment to Legal Compliance and User-Centric Values

UVKXE will use this event as an opportunity to further enhance its global compliance framework, actively adapting to regulatory environments in various countries, and providing users with more professional and diversified financial services. We sincerely thank all users for their trust and support! UVKXE promises that no matter where it operates, the platform will always adhere to the core philosophy of “user-first”, moving together with global users towards a safer, more open, and transparent new era of the digital economy.

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

UVKXE Strengthens Security Strategy, Leading Innovations in Anti-Scam Technology for Crypto Platforms

Published

6 hours ago

on

November 23, 2024

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DENVER — Recently, the globally recognized cryptocurrency trading platform UVKXE officially announced the completion of its latest security system upgrade. This upgrade significantly enhances the cybersecurity defenses of the platform and introduces cutting-edge anti-scam technologies. Through this technological update, UVKXE demonstrates its commitment to user asset security and proactive measures against potential future cyber threats.

Kevin Anderson, CEO of UVKXE, stated: “User trust is the foundation of UVKXE, and ensuring the security of user assets is always our top priority. This security system upgrade incorporates AI deep learning, real-time risk control, and efficient anomaly detection algorithms, aiming to create a safe and trustworthy trading environment for users. We will continue to optimize the security measures for user assets, ensuring that every user can trade confidently on UVKXE.”

The focus of this security system upgrade is primarily on anti-scam technologies. In response to the ever-evolving online threats and scam tactics in recent years, UVKXE has strengthened its multi-layered protective mechanisms, effectively enhancing the security and responsiveness of the system. The upgrade introduces AI-driven anti-scam technology, which intelligently analyzes user behavior through deep learning algorithms, allowing for rapid identification and isolation of suspected scamming activities. The AI anti-scam system can monitor and analyze large volumes of trading data in real time, immediately freezing any suspicious transactions or account activities to safeguard user assets.

Kevin Anderson further explained: “Traditional anti-scam methods often rely on post-event analysis, whereas the new system of UVKXE can identify risks promptly before incidents occur, taking immediate action to prevent losses.”

In terms of anomaly detection, the system of UVKXE combines the transaction histories, asset conditions, login locations, and other multidimensional data of users to accurately pinpoint potential security vulnerabilities. Through anomaly detection technology, each user login and transaction can be monitored in real time, with timely alerts prompting users to confirm actions, further enhancing the security of the platform.

Kevin Anderson concluded: “We hope every user can enjoy a secure trading experience on UVKXE. By continually optimizing our security strategies, we aim to provide a safer and more convenient cryptocurrency trading experience for our users.”

Media Contact:
Company Name: UVKXE CRYPTO TECH CO.,LTD.
Company website: https://www.uvkxe.co
Contact person’s full name: Mayang
Email id: mayang@uvkxe.co

Disclaimer: This content is provided by sponsor. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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