What is MEVerse?

MEVerse is a blockchain metaverse platform that seeks to provide an enhanced environment for users to experience a novel form of entertainment. It was established by Kyle Son and Henry Hong, with the intention of delivering a range of social, economic, and cultural content through its Layer-1 MEVerse mainnet technology. The platform's blockchain protocol is designed with the aim of verifying data validity, ensuring information transparency, and attributing scarcity to digital assets through proof of ownership. The independently-developed MEVerse mainnet strives to deliver exceptional performance and reliability for sustainable operation through technological advancements.

How does MEVerse work?

MEVerse operates on its own blockchain protocol, the MEVerse mainnet, which incorporates innovations such as Proof of Formulation (PoF), Block Redesign, LEVEL Tree Validation, and Parallel Sharding. This protocol seeks to ensure data validity, information transparency, and digital asset scarcity. The multi-chain structure of MEVerse provides a user-friendly DApp development environment and a fast, convenient user experience. The platform also includes a cross-chain technology, Gateway, which aims to connect various mainnet chains to incorporate assets from different networks into its DeFi service. This feature allows users to transfer their virtual assets to other networks for diverse usage.

What are the potential use cases for MEVerse?

MEVerse seeks to cater to a broad range of use cases, including gaming, entertainment, DeFi, and NFTs. It aims to discover new values through the integration of blockchain technology and entertainment, providing a platform for both offering and experiencing pleasure. MEVerse also strives to provide a high-speed, low-fee mainnet environment to invigorate MApps (MEVerse/Metaverse/ME+DApp), connecting users with DApps through blockchain mainnet technology optimized for their lives. Additionally, MEVerse's cross-chain technology, Gateway, seeks to create an environment where users can experience a wider blockchain ecosystem by continuously linking other networks.

What is the history of MEVerse?

MEVerse was established by Kyle Son, chairman of ME2ON Group, and Henry Hong, CEO of MEVerselabs. The platform was designed with the core value of providing a space where users can watch, feel, and relate together. The independently-developed MEVerse mainnet was created with the aim of delivering exceptional blockchain performance and reliability for sustainable operation. Over time, MEVerse has sought to address existing issues such as scalability and speed to facilitate the commercialization of blockchain in our lives. The platform continues to evolve, consistently seeking new values through the integration of blockchain technology and entertainment.