An In-depth Analysis of X METAVERSE PRO Core Value and Five Absolute Advantages

The year 2021 has witnessed rapid growth in the digital asset world, more and more projects are emerging, and as key participants start to emerge, the end of 2022 is considered to be the breakthrough of Web 3.0! As a dark horse project in the era of Web 3.0 and the leader of metaverse, X METAVERSE PRO has held its own place with great strength since its foundation.

Today, the Scientist, WEB3 senior researcher and blockchain enthusiast, will provide a deep analysis of X METAVERSE PRO core value and five absolute advantages from a new perspective.

The following is the live broadcast transcript.

Scientist: The value output of X METAVERSE PRO is carried out in 4 areas, “Public Chain 4.0 + DeFi2.0 + DAO + WEB3.0 Super Ecology”, and I will explain them one by one from different angles. First of all, the development trend of the Internet, as far as I am concerned, the era of metaverse has come. The X METAVERSE PRO super meta-world is creating a new virtual world on the whole parallel universe, which will be closely related to people’s food, clothing, housing, food and entertainment, reconstructing the Internet while mapping the entity to the chain at the same time.

Nowadays, after 30 years of growth, the scale of users has peaked and user growth has started to fall into a bottleneck. Numerous giants have formed a monopoly, and each of the major players is working on its own, forming data silos, and data cannot be interconnected, shared, or utilized in a timely manner, resulting in the value not being truly tapped out. This is one of the main factors limiting the development of the Internet for China and the world, and the emergence of blockchain brings the possibility to break the data monopoly.

So why do we need metaverse? The current Internet has long lacked breakthroughs in content carriers, methods of participation and interactivity, resulting in no growth point for Internet development. The emergence of metaverse has solved these pain points of the traditional Internet. In the world of metaverse, a series of emerging information technologies such as AR, XR, digital twin, blockchain and more are developing rapidly; virtual resources such as scenario-based socializing, virtual idol, virtual land and more are growing day by day; user demands such as twin virtual world, immersive socializing, creative games and more are increasing.

How to understand this? At present, in the whole Internet world, we find that the various social software we use, including apps of clothing, food, housing and transportation, are not profitable for us, and more importantly, there is a gap with real life, and we cannot construct value points. However, the metaverse can seamlessly connect real-world items with blockchain technology and apply them to the Internet, and the virtual value is 1:1 with the real value, which means that the items can be transferred on the Internet.

At the same time, metaverse is also one of the most promising industries in the next decade, according to Bloomberg data, the metaverse market size will reach 800 billion dollars in 2024. In fact, we can find out that the Internet before 2000 was similar to today’s blockchain. At that time, the entire Internet was just building the infrastructure, and was limited by the development of the network, which could not efficiently disseminate information as well as videos for large-scale commercial applications. However, after 2000, based on the development of the global Internet, various Internet applications began to emerge, and the explosion of data created today’s Internet.

In fact, the 12 years since the birth of Bitcoin have been a period of speculation and the creation of various public chains and underlying facilities, such as storage boards, smart contract boards and peer-to-peer transfer protocol boards, all of which are the foundation for the most promising industry of the next decade. Because the Internet today has been monopolized, many ordinary people have no way out. To make a revolution on the Internet, we must rely on tools, and blockchain is exactly one of such tools.

At the present stage, many domestic and foreign enterprises as well as relevant government-level institutions have started the layout of various aspects of the metaverse industry, and the development of metaverse is gradually being paid attention to. In the WEB2.0 market, Internet companies such as Twitter, YouTube, WeChat and Weibo have entered in the metaverse field, and the domestic Internet is also investing huge money, and the governments of various countries have even put it to a national strategic level. So for ordinary people, we must have enough understanding of metaverse to grasp the wealth opportunity.

In this context, how was X METAVERSE PRO Foundation established? XMETAVERSE PRO is a quality foundation gathered many top talents in finance, technology, digital assets, cross-border payments and many other fields. The foundation is registered in Singapore, which provides friendly policies for blockchain, and is recruiting global talents to serve the global digital economy and lay out deeply in the blockchain industry chain.

X METAVERSE PRO is a virtual space in the digital world created by XMETAVERSE Foundation with huge investment, which applies many latest cutting-edge technologies covering 5G, VR. AR, MR, brain-computer interface, blockchain, artificial intelligence, digital twin and more. Here, everyone can truly get rid of the shackles of geographical location and physical space, and achieve digitization in living, socializing and creation based on assets and identity.

$XMETA is an open financial protocol token formulated by the decentralized autonomous organization XDAO based on blockchain smart contracts, which obtains permanent protocol liquidity by issuing discount vault bonds and aims to give continuous dividend rewards to all LP holders on the chain to guarantee stable growth of liquidity; meanwhile, At the same time, $XMETA has pioneered a new PBC4.0+DEFI+WEB3.0+DAO pool play, which has built a double-loop and multi-incentive open ecological community network on the chain, and combined with the fully open governance of DAO community, to create a super meta-world Internet value transmission system.

We can obtain tokens through IDO donations and obtain token incentives by participating in early team building, and get airdrop rewards by completing tasks or invitations, invite team members to purchase 50% off vault bonds to obtain mining rights and interests, and get DAO pool node dividend income in the invitation process. Members of the community can get the corresponding ecological applications rights and benefits by participating in the X METAVERSE PRO super meta-world ecological construction,

Let’s look at the five core elements of X METAVERSE PRO. The first is the DAO decentralized organizational autonomy, we will find that it far exceeds the system of modern corporation. In 1600, the first company in history, the British East India Company, was formally established; the corporate system, as an organizational form of economic institution, combined with capital, has made a significant contribution to the modernization of human society and even globalization. However, with the development of blockchain, the corporate system began to enter the declining stage, and various drawbacks became more and more obvious, including but not limited to: not decisive enough in decision-making and resource allocation to respond to market changes; imprecise and untimely in contract and incentive; no continuous mechanism to attract users when building the value of network effect. It can be seen that even the giant Internet enterprises are unable to adapt to the great changes in the environment and cannot escape the end of layoffs in the case of adopting the traditional corporate system.

And with the continuous development of blockchain technology and the continuous upgrade of the Internet, an institutional organization form more suitable for the future has emerged, which is DAO. The structural efficiency of DAO is revolutionary and important, unlike the traditional corporate system, DAO is a digital native organization, it can infinitely expand and coordinate capital power and human power, share the value of the company to employees and users, and form a long-term incentive mechanism. At this level, DAO is far superior to the traditional corporate system.

What does it mean specifically? First, ownership and operation, different from the separation of ownership and operation in traditional corporate system, in DAO, token holders are both asset holders and transaction operators; second, residual claim and control distribution model, DAO adopts collective governance mechanism, its risk, residual claim and control distribution are collective consensus; third, about risk taking, DAO gives decision makers the right to pursue their own interests and make decisions according to majority rules; fourth is the role of members, DAO is more focused on cooperation and a dynamic and open role of members, which is more like partners of external upstream and downstream cooperation .

Fifth is the power relationship, DAO is determined by the dynamic evolution of contributions and authority; sixth is the organizational hierarchy: DAO is a distributed decentralized organizational structure centered on self-management; seventh is the internal control model: DAO is a set of democratic collective governance mechanism covering experience, voting, review, implementation, dispute, arbitration and more; eighth is the implementation method: in the DAO, the implementation method is secured through smart contracts.

The second core element of X METAVERSE PRO is the fourth generation of public chain technology, what is public chain 4.0? We have to know the first three generations of public chain. BTC represents Public chain 1.0, which has extremely low scalability (7tps) and slow transaction speed; there is also ETH, which introduces smart contracts and has slightly higher scalability (23tps) than BTC, but the security in practice is not high, and the transaction speed is slow and Gas fee is expensive; TRON, EOS, represent public chain 2.0, which solves most of the problems of scalability (10k tps) and security, but the centralization problem is serious.

Public chain 3.0 is represented by BSC, which is compatible with ethereum, with low development threshold and migration cost, fast transaction speed and low transaction cost, but not high security, and is called “hacker’s favorite public chain”. Public Chain 4.0 is represented by Aptos and Sui built by facebook team, which uses proof-of-stake DiemBFT consensus and favors privacy computing and large-scale commercialization, improves transaction confirmation speed and blockchain stability with efficient scalability.

To sum up, when we take the three basic elements of Scalability, Security and Decentralization into account, Public Chain 1.0, 2.0 and 3.0 cannot achieve the real balance, which is commonly known as “Blockchain Impossible Triangle”. X METAVERSE PRO applies the fourth generation of public chain technology to challenge the “Blockchain Impossible Triangle”, trying to break the blockchain trilemma and provide a better Web3 experience for developers and users. The fourth generation of X METAVERSE PRO public chain technology has four main features, the first is the use of stable coin (XME) for GAS fees, the second is the use of (XME) to exchange XMETA, the third is the negligible amount of GAS, and the fourth is ecological destruction.

The third core element of X METAVERSE PRO is the Metaverse DAO Alliance Currency Reserve, which provides the XMETA Metaverse ecology with stablecoins in a unique gold standard currency system operating mechanism. And with the concept of de-dollarization, to provide XMETA metaverse residents with a haven for asset preservation and appreciation against the dollar crisis, fiat currency inflation, and economic depression. XMETA’s stablecoins strictly follow the gold standard currency system, and each $XME is directly benchmarked against physical gold and can be freely exchanged with gold. Our vaults are located worldwide, Singapore Vault, Dubai Vault, Swiss Vault, and Chicago Vault in the United States. The reserve amount of the vaults is regulated by third-party institutions worldwide and audited by four major auditing institutions (Deloitte, PricewaterhouseCoopers). The exchange ratio between XMETA and gold is benchmarked against the international gold price. (The value of the rise belongs to the market, and the fall determines the value of the international gold price, while it can be exchanged in the WEB3 Mall for goods of equivalent value against the international gold price). All shareholders and managers of XMETA Alliance Reserve are DAO members.

The fourth core element of X METAVERSE PRO is the DeFi2.0 decentralized financial architecture. The first is the DeFi 1.0 dilemma, where the DeFi 1.0 project is still a token offering for the purpose of “printing money”. They will quickly enter a death spiral, making the liquidity of the platform unsustainable and even accelerating the demise of the project.

The are mainly four advantages of DeFi 2.0: the first is to build a strong horizontal link between users and then a strong vertical link; the second is to give the ecology more vitality and driving force, and keep the liquidity pool active; the third is to give the power of ecological governance and decision-making to the community members, so that all decisions will be made by all members; the fourth is to provide only decentralized financial services, which will attract the world’s most extreme mining pools. The fourth is to provide only decentralized financial services, which will attract global geeks to complete their technological innovation ideas and bring more quality projects.

The fifth core element of X METAVERSE PRO is the GameFi ecology. In the development of blockchain industry, countless wealth myths have been born and countless ups and downs have occurred. Looking back at most blockchain projects, we will find that all of them cannot escape the challenge of “value bubble”. As the price of tokens was hyped too high, too many bubbles were formed and the projects were unable to carry them, which eventually led to their demise.

The reason is that it does not go to an internal cycle, that is, it lacks a blood-making function. Therefore, if a project wants to have a long-term development, it must be supported by value logic, which is the key point. In the blockchain industry, the game is regarded as the biggest application area and an important tipping point of blockchain. Using the GameFi ecology to consume tokens and set up a reward mechanism to buy NFT with tokens is a powerful tool to achieve “defoaming”.

In addition, X METAVERSE PRO will also create a metaverse city cluster, which is the last pure land of the metaverse city. In short, X METAVERSE PRO will create a decentralized virtual world of our own on the pbcs4.0 public chain, which will map the real world. More importantly, the Metaverse City will be governed by all residents, including setting the rules of behavior for the whole city. At the same time, Metaverse City will reconstruct the existing economic world, including land development, city construction, house building and more. X METAVERSE PRO will also co-brand with astronomers from the U.S. Observatory to build the so-called real-world interstellar planet in the virtual world.

Next are the five core values of X METAVERSE PRO. We know that X METAVERSE PRO is committed to building a fully decentralized crypto asset based on metaverse ecology and WEB 3.0. $XMETA is a sustainable DeFi liquidity distribution protocol, the core of which is to create sustainable liquidity, not transient liquidity mining. At the same time, $XMETA “steers” the distribution of liquidity through a decentralized approach. It adopts a more open approach to enhance capital utilization; a more low-risk approach to take deposits to obtain sufficient liquidity; and the introduction of multiple players (LPs and LDs) has also taken effect. The unique and novel economic model design enables the program to function properly over the long term.

In terms of NFT confirmation and empowerment, NFT is the gateway to the metaverse. As an immersive virtual space, the metaverse mirrors everyone and everything in the real world into the virtual world through digital means, so its core architecture lies in the role of carrying virtual identities and virtual assets. NFT (Non-fungible Token) represents a unique, non-replaceable asset that has become an important infrastructure of the metaverse with its unique and indivisible properties.

Each Non-fungible Token NFT can correspond to a unique thing, and users can truly enjoy the exclusive digital ownership of Web3.0 through NFT. What’s more, the application of NFT can also be extended to the off-chain fields, providing a channel for real assets with unique attributes in the real world to be put on-chain and crypto confirmation, empowering the real economy. At present, X METAVERSE PRO has overturned the centralized operation mode and redefined the NFT trading platform with DAO decentralized approach and rules, providing a fair and equal factor for the total NFT value platform, aiming to create the foundation for XMETA NFT value prosperity.

In addition, X METAVERSE PRO complies with the Web3 concept of benefit vesting value and Web3 eco-mall value. By Web1.0, we mean “read-only” information display platform, like some news websites; Web2.0 is “interactive” content production network, like some forums, WeChat and QQ; and Web3.0 is a “decentralized” Internet form. The core of the Web3.0 era is decentralization, “empowering users to truly own the Internet”. In the XMETAVERSE PRO project, users have absolute autonomy, and the right to benefit from the data is also vested in the users, which is fully in line with the concept of WEB3.0, “value returns to users”.

In addition, its eco-mall value depends on the redefinition and creation of a decentralized eco-mall under the DAO governance mechanism on top of XMETA public chain 4.0 infrastructure, thus solving the defect that blockchain cannot empower entities. Revolutionizing the production relationship, merchants are both the providers of ecological products content and ecological builders, as well as the value owners. Merchants buying goods is also an investment, and how much the consumption is maps the contribution value of XMETA Metaverse Eco-Mall, which is its core concept.

At present, X METAVERSE PRO’s globalization nodes have covered North America, Europe, Asia, South America, Africa, the Middle East and more. X METAVERSE PRO has its own core technology and a strong team. The core members of X METAVERSE PRO are from Stanford, Berkeley, MIT and other world’s most prestigious scientific research universities. They have more than 15 years of Internet and blockchain working experience, participated in Google’s top big data R&D projects, have rich development experience and academic attainments in the fields of data analysis, data mining, core architecture and more. They have a deep understanding of technical underpinnings, architecture design, risk control, and are proficient in various mainstream consensus algorithms; they are proficient in blockchain system programming languages. There are also blockchain technology experts, Internet experts, investors and investment advisors, who come from the core projects of top companies and are passionate and confident in blockchain technology.

Finally, I would like to say that the metaverse is a future worthy of everyone’s imagination. What is impossible at the moment is possible in the metaverse world. X METAVERSE PRO will ride on the metaverse express! Thank you all.

[ Q&A session ]

1、Where does X METAVERSE PRO come from?

X METAVERSE PRO comes from some of the world’s top geeks, and these geeks come from all over the world, all from big Internet companies including Facebook and Google, they form an association of a group of free people with geek spirit, to build XMETA for a common goal and prepare for the future utopia.

2、What are the advantages of X METAVERSE PRO?

We have just talked about the advantages of public chains 1.0, 2.0 and 3.0. The public chain of X METAVERSE PRO is more efficient than Bitcoin, Ether and Solana public chains in terms of TPS transfer, storage and calculation, decentralization, and technical security.

3、Where can I participate in offline activities?

Today we only hold offline activities within the entire Greater China Region. Next after the launch, we will hold offline activities around the world, not only in China, please pay attention to the relevant news.

4、When did IDO start?

At present, it is only a warm-up phase, the starting time is undecided for now, please wait for the relevant media and the official website to announce the time.

5、Are vault bonds adopt the gold standard?

You can say that a $XME corresponds to certain amounts of physical gold, the specific corresponding ratio will be announced on the relevant website, you can pay attention to it.

6、What is PBC4.0 public chain?

PBC4.0 public chain is based on bitcoin and ethereum, and better solves the problems of high efficiency, security and storage. You can call it the integration of storage and calculation, which is the main direction in the future.

7、Are you sure that we can exchange gold?

Yes, because there will be an authoritative auditor, just like USDT can be exchanged for fiat currency, there is also a relevant auditor who will publish their financial statements every quarter of the year.

8. What is the Alliance Reserve?

The relevant documents will be released on the official website, you can pay attention to it.

9. Can you introduce the eco-mall consumption model, is it a full return?

It is not a full return, you have to be aware of this. The entire profits generated by the user’s consumption are owned by the consumers, the profits are all allocated to consumers and merchants, that is, you contribute and you are a participating consumer, and you can have profits, it is not a full return. For example, you spend 100 yuan, you can share up to 100 yuan of the mall’s profits, the rewards that users receive is the mall’s profits, it is not from nowhere.

10、How does the auditors of X METAVERSE PRO get the underlying guarantee?

The auditors are licensed and regulated by American SEC and other authoritative institutions around the world, they do not audit indiscriminately, and the auditing can be found on the official website.