Digital Journal

URUST GLOBAL Set Their Sight On Decentralised Metaverse

0

Vilnius, Lithuania, Oct 4, 2022, ZEXPRWIRE, Metaverse is undoubtedly becoming part of everyone’s future. While this is exciting, it does raise a philosophical question which is in whose hand that future will be? As our society values freedom above all else, it is necessary to keep the provisioning of Metaverse and its inclusion in the control of the people, as opposed to leaving it for a selected few Big Tech.

Fortunately, a Lithuania-based crypto startup named Urust Global knows the answer to this. Urust Global is the new player that recently joined the Web 3.0 landscape, and set out to leverage decentralization to tackle the afore-mentioned concern. They make a very strong vouch for the Decentralised Metaverse which is built atop the Decentralized Ledger Technology (DLT), and contest that it is the one and only Metaverse that will prevail. 

The foremost and utmost holy grail of Urust Global is to bring forth the substratum for the Decentralized Metaverse.They focus on two key facets that are essential to all Metaverse interactions, which is Identity and Transaction.

Urust Global builds upon the Decentralised Identity mechanisms to provide each user with a consolidated ID which she can use to login to any Services and Apps in the Metaverse.  More importantly, Urust Global provides a unified payment hub that handles both fiat and crypto currencies alike, regardless of its central-bank issuers nor its underlying chain. Their payment platform integrates Ripple Network, and thereby attains up to 300 times cheaper processing fee and 100,000 times faster processing time than conventional banks. 

The platform is offering cross-chain swap service for crypto-currency live. This function supports swaps between cryptos belonging to the same chain via interfacing with the prominent AMMs, as well as atomic swaps between cryptos belonging to different chains. This is indeed very beneficial to DeFi users.

Their whitepaper and projected roadmap indicate they are working with Decentralized Identity Foundation, indicating they are on the forefront of the Web 3.0 landscape. It is also worth noting that they are planning to obtain Lithuania’s Electronic Money Institute license by  2024. If the team follows through with their plan, they will be a serious contender in the Web 3.0 and Metaverse realms. 

We found the tokenomics of Urust Global rather straightforward, with a round of strategic offer (equivalent to private sale) followed by a fair launch. It seems that tokens offered to their strategic partners are subject to certain locking, to the tune of at least one-year. A more interesting bit is their attention paid towards the security issue. They already completed a proper audit prior to their offering, which is a good thing. 

Media Contact:

– Website: https://urust.com/ 

– Twitter: https://twitter.com/UrustGlobal

– Telegram: https://t.me/URUST_Official

– Medium: https://medium.com/@UrustGlobal

The Post URUST GLOBAL Set Their Sight On Decentralised Metaverse appeared first on ZEX PR WIRE

ZEX PR WIRE
ZEXPRWIRE operates a flat rate press release dissemination service, specializing in the delivery of press releases throughout the world. All articles published here are Sponsored, ZEXPRWIRE Staff may not have modified or edited the content body. The views and facts appearing in the articles do not reflect the opinions of ZEXPRWIRE, also ZEXPRWIRE does not assume any responsibility or liability for the same.

Blockchain Economy Dubai by Teklip is around the corner to Create Opportunities for Innovators

Previous article

Global Blockchain innovators to descend on Dubai for 5th annual Future Blockchain Summit

Next article

You may also like

Comments

Comments are closed.