The biggest opportunity of 2017, ETP Metaverse to become a new Chinese Ethereum

[jakubmatuska]

A few days ago I found a new gem that I personally believe could be a new $NEO, a new Chinese Ethereum, and is flying super under the radar at this moment with just 24mil. market cap. This gem is called Metaverse. They are partned with KICKICO aiming to launch over 100 China/Russia ICO's next year, therefore creating the main crypto connection between the two biggest economies - China and Russia. They even branding themselves as a substitute for Ethereum in China. The CEO of ETP is one of the severe Co-founders of NEO. Unlike NEO, or ETH, Metaverse also includes digital assets, digital identities, etc. We could say that Metaverse combines Chainlink, NEO and CIVIC together into one business-friendly platform. There is currently 60 staff working on Metaverse.

I am very convinced that is the biggest opportunity out here at this moment and I am surprised that this was flying so under the radar due to the Chinese FUD last month. I made a lot of research and I am going big on this one. Have a read.

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Metaverse (ETP)


What is Metaverse saying about themselves:
"Metaverse is a decentralized world that redefines digital identities and smart assets through blockchain technology. Within the peer to peer network reside universally unique and self-sovereign identities, which will primarily power all decentralized applications or smart contracts coming afterward. The project imagines a blockchain in which people, organizations, institutions can transact with each other.
To authenticate the digital asset transactions on the blockchain, Metaverse plans to introduce intermediaries called Oracle. In essence, Metaverse aims to be the Chinese substitute for Ethereum where the intermediaries will be parties whose vested interest lies in the kind of transaction taking place over the public blockchain."

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My research:

- Metaverse is branding themselves as the Chinese substitute for Ethereum and the company itself is based in Shanghai.

- Current market cap $24,902,036 vs NEO $1,460,715,000, that's a potential of 5900% ROI!

- POW + POS, currently in POW phase, moving to POS in the future.

- Metaverse offers a possibility to freeze your coins either for 6 months, giving you ROI of 8%, or for 1 year, giving your ROI of 20%.

- Current price is $1.10, low circulating supply of 22,600,000 ETP.

- Metaverse has about $200 mil. in funds.

- The founder of Metaverse is Eric Gu, a co-founder of other blockchain projects, including ViewFin™, the market leader in Blockchain technology in China. Eric Gu, CEO of Metaverse, is one of the sever Cofounders of ANS/NEO, who left to build his own better blockchain - ETP. He is also an adviser at Loopring LRC and a few other blockchain projects. He was an ICO investor in Bitshares. What I have also found, Eric was living 13 years in Canada working as a senior programmer for Haier (Haier is a Chinese brand which had the world's largest market share in white good in 2014, with 10.2 per cent retail volume market share).

- Eric has a very strong contacts in the crypto industry, including Vitalik Buterin, who Eric showed around when Vitalik was visiting China.

- Eric Gu is an advisor for an upcoming AION ICO - https://aion.network

- From this interview (link below), Eric Gu himself anticipates the value of the Metaverse token to “go up as many times as NEO”. https://cryptovest.com/news/cryptovest-exclusive-metaverse-token-major-exchange-listing-imminent/

- More informations about Eric Gu, the CEO of Metaverse - https://image.ibb.co/ngrALb/22473524_10210335100922743_1305458323_o.png

- Metaverse is easier and more suitable for Chinese people to use than NEO as it's tailored for a business people and does not require any developing skills, neither knowledge of English language, making it a better choice for business people and therefore will have a wider public use, mainly in Asia. Bear in mind, most of the Chinese people does not speak English and do not have a skills to program in Solidity.

- Also, Metaverse offers a way more than NEO does. As @nucky888 in her Reddit about ETP wrote, "Oracles are just one of the solutions they offer. Others include digital assets, digital identities, etc. They offer holistic blockchain as a service for all kinds of businesses.
The services include a combination of Chainlink, NEO, CIVIC etc. into one business-friendly platform."

- Metaverse is the same size company as NEO, with currently 60 staffs at Viewfin, a leading Blockchain enterprise within China, which Metaverse is working together with(as said above, Eric Gu is Viewfin CEO)

- Here are Metaverse frontman's - https://imgur.com/Uap6Jpm

- Currently Metaverse has 5 developers, not including front-end.

- Team is made of professionals. Chen Hao, Metaverse CTO, won an award on the ArchSummit2017, where at least 200 Buissinesses were participating.

- Metaverse partnered with Moscow's based KICKICO and crypto investment bank CyberTrust and together are aiming to take over the ICO market in China and Russia. After only six months of launching Metaverse, there are at least 20 companies that want to make Initial Coin Offerings (ICO) on the Metaverse Blockchain platform. Over the next year, the fund partners plan to conduct about 100 ICO projects. These ICOs will likely technically be temporary based in Russia, untill the Chinese government regulates ICO's and solves the current situation in China.

- The reasons this is so under the radar in the Western world is because of a small exchange (just got listed on bitfinex 2 weeks ago) and mainly because of the recent Chinese ICO ban, which caused a panic sell and the price decreased from $7 to the current $1. When that happened, the main goal for ETP was to rethink their strategy and find a solution. As said above, recently ETP partnered with Russians KICKICO, where they could be likely temporarily hosting their ICO's again once it's all setup. Marketing is not their main concern at this moment, the product is, which is a good sign. ViewFin is a huge company and I strongly believe they are doing their best to get everything running again asap. With Russian partnership this could get even bigger than what it was before. This could create a main crypto connection between the two biggest economies - China and Russia. Once everything is sorted out and Metaverse will start theirs marketing again, the previous $7 should really be the floor.

- As said in telegram, Metaverse is INTENDING to stay low profile with marketing until the next month. I won't be spreading any rumours here, but November could be an interesting month for Metaverse. Follow their Telegram in order to get more informations on the current development.

- Because of the new rules and regulations in China, Metaverse is rethinking its strategy, but the project and the work on the project is continuing without disruption. Metaverse is allowed by the Chinese government to continue their work on the Metaverse platform.

- Eric Gu, the CEO of Metaverse is intensively working to get Metaverse listed on a bigger international exchange, which is their main goal for this month of October. On 17th of August, Eric Gu WAS INVITED to meet the senior management team of Korean Exchange Coinone, where ETP could potentially get listed soon. In October 2017, Metaverse got listed on rightbtc.com, Dubai's first global coin to coin trading platform, and also was added on bitsun.net exchange, which lists only the top coins - ETH, ETC, LTC, and BCC, ETP is amongst them! Considering it's a Chinese coin with a huge potential, it could start trading on Binance anytime. When that happens and people will start paying an attention, Metaverse could literally explode as NEO did.

- At this moment, Metaverse is working on the team introduction video and also considering to do AMA with Metaverse CEO, Eric GU.

- Their wallet "TokenMaster" is available for download on Google Store. iOS version of wallet is currently under the verification process of Apple Store.

- The Metaverse ICO was on Sept. 5th, 2016, the price for token was 6000 ETP/bitcoin, around $0.3 per ETP. That would explain the first drop in price as it did hit the exchanges a couple months ago.

- Since ETP got listed on Bitfinex a couple weeks ago, the price bounced from it's ATL and went up about 500% up, before stabilising right at the 61% fibonnaci retracement with a nice support around 0.000260, where it's sitting right now as I write.


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Roadmap:

- https://imgur.com/a/wRiSi

- For the rest of 2017 - getting listed on a new international exchanges, iOS wallet app, asset reinsurance, asset freezing and basic functional development of digital identity.

- 2018 - the digital identity function upgrade, pledge asset and digital asset exchange.

- Future - BaaS (Blockchain as a Service)


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Whitepaper:

http://newmetaverse.org/white-paper/Metaverse-digital-identity-white-paper-v1.0-EN.pdf

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Qtum, Metaverse and NEO are seen as three leading smart contract platforms with large operations in China. Let's compare them.

NEO
Market Cap - $1,844,580,000
Circulating Supply - 50,000,000 NEO
Total Supply - 100,000,000 NEO
Price - $36

QTUM
Market Cap - $704,937,900
Circulating Supply - 59,000,000 QTUM
Total Supply - 100,000,000 QTUM
Price - $11.90

ETP
Market Cap - $24,902,036
Circulating Supply - 22,600,000 ETP
Total Supply - 52,244,767 ETP Max: 100,000,000 ETP
Price - $1.20


All of them has a great technology, but one is relatively new, under the radar and severely undervalued.. ETP!

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There are other other two articles on Reddit from people who has done a research on Metaverse. Both of these articles were published just a few days ago.

Read here:

1, https://www.reddit.com/r/CryptoCurrency/comments/750ipv/i_found_a_gem/

2, http://bit. ly/2y8IEtj

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Connect with Metaverse:

Telegram: https://t.me/Metaverse_Blockchain

Slack: https://metaverse-project.herokuapp.com

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Links, DYOR:

1, Metaverse ETP – General Info, Best Exchanges and Wallets
- https://cryptocoinsmarket.com/metaverse-etp/

2, Collaboration with crypto investment bank CyberTrust announce the creation of a Chinese-Russian Cryptocurrency Fund to support innovative ICO projects from China and Russia on the basis of the KICKICO crypto crowdfunding platform.
https://www.finextra.com/pressarticle/70566/china-and-russia-collaborate-on-cryptocurrency-fund-and-blockchain-projects/blockchain

3, KICKICO, Metaverse Foundation Collaborate On Russian/Chinese Cryptocurrency Projects
https://www.pymnts.com/news/international/2017/kickico-metaverse-foundation-russian-china-cryptocurrency/

4, Coinmarketcap
- https://www.bitfinex.com/trading/ETPBTC

5, Buy ETP on Bitfinex
- https://www.bitfinex.com/trading/ETPBTC

6, Github
- https://github.com/mvs-org/metaverse

7, Founder Eric Gu and his presentation
- https://www.youtube.com/watch?v=Pw31OrS2MdM

8, Interview with Metaverse Founder Eric Gu and Boxmining Youtube
- https://www.youtube.com/watch?v=2OYJpol6rrA

9, FORBES - This Chinese Company Is Trying To Build The World's Leading Blockchain Platform
- https://www.forbes.com/sites/sarahsu/2017/07/25/this-chinese-company-is-trying-to-build-the-worlds-leading-blockchain-platform/#6e1674dc7735

10, Metaverse Foundation Leads on Creation of Official Blockchain Alliance in China
- https://medium.com/@openledger/metaverse-foundation-leads-on-creation-of-official-blockchain-alliance-in-china-f39916167efe

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PS: I am just a small investor and this is not a financial advise, neither I am trying to shill you something. These are just facts about Metaverse! DYOR.

[kingboonz]

24 million marketcap is a steal, considering it is an ethereum rival, and Chinese! Chinese. I know chinese like to reinvent the wheel themselves.

[jakubmatuska]

UPDATE:

- In June the price of ETP was around $7. They already had 2 successfull ICO's on their platform, Zen Air and Zen Gold, but had to refund the clients due to the recent Chinese ICO ban, which caused a panic sell and the price decreased from $7 to the current $1. The main goal for ETP was to rethink their strategy and find a solution. As said above, recently ETP got list on Bitfinex and partnered with Russians KICKICO, where they could be likely temporarily hosting their ICO's again once it's all setup. Marketing is not their main concern at this moment, the product is, which is a good sign. ViewFin is a huge leading [Suspicious link removed]pany in China and I strongly believe they are doing their best to get everything running again. With Russian partnership this could get even bigger than what it was before. Once everything is sorted out and they will start theirs marketing again, the previous $7 should really be the short term floor.

- Because of the new rules and regulations in China, Metaverse is rethinking its strategy, but the project and the work on the project is continuing without disruption. Metaverse is allowed by the Chinese government to continue their work on the Metaverse platform.

- On 17th of August, Eric Gu WAS INVITED to meet the senior management team of Korean Exchange Coinone. Possibility of ETP being listed in a near future.

[CjMapope]

hmm, could be one to watch for sure, thx for the heads up man
there's SO many projects fired up in the last 12 months, watch for 2019 the ones that actually develop to start emerging
Metaverse looks to be one of those
Might grab some, best of luck in your trades!

[jakubmatuska]

UPDATE:

https://image.ibb.co/cK0HWG/wdw.jpg

- In October Metaverse got listed on rightbtc.com, Dubai's first global coin to coin trading platform, and also was added on bitsun.net exchange, which lists only the top coins - ETH, ETC, LTC, and BCC, ETP is amongst them!!  I believe more exchanges coming soon. You can also buy there two of the first Metaverse ICO's, Zen Gold (ZGC/ETP) and Zendao Coin (ZDC/ETP). To buy these, you will have to pay with ETP, as there is no BTC option. Metaverse is on a good way to become the new Chinese Ethereum!

- Currently Metaverse is working mainly on digital identity. The Roadmap for the rest of 2017 is getting listed on a new international exchanges, asset reinsurance, asset freezing and in the future will be focusing on BaaS (Blockchain as a Service). The main goals for 2018 are the digital identity function upgrade, pledge asset and digital asset exchange.

- Their wallet "TokenMaster" is available for download on Google Store. They are working on iOS version which will be available soon.

[turbulence]

thanks for this tip, taking a gamble on it even if it seems like they're trying to do a bit too much. but many things about it that can create hype and fomo so hopefully it can moon even in these troubled alt times

[krazy89]

Too bad people are cashing out altcoins for free bitcoin gold , you cant go to the moon when the fork is coming 

[michaelai3]

ETP is not relatively new. It's older than both NEO and Qtum, and has not delivered anything substantial. Please do more research.

[Chiraag001]

Good catch from the original poster. I also invested in this coin many weeks ago at a slight premium and I have contacted the team.

They are working with Coinone - the massive South Korean exchange. You can verify this. So do the math on this one.
https://medium.com/@mvs_org/eric-gu-founder-and-ceo-of-metaverse-holds-talks-with-kevin-cha-ceo-of-coinone-the-largest-4897d9d0a2ad

Like OG poster said if You missed the boat on Neo. Well here you are. Lightning could strike twice here.
QTUM is on coinone and that has touched a billion market cap and is sitting at about 6-700 million right now.

I think This will be huge.

"I can afford to lose money but I cannot afford to lose an opportunity".

[rommelzkie]

I think metaverse is good than NEO they had successful 2 ICO

while NEO first ICO is a failure.

NEO developers had different statement than CEO. geez
 

[Vansire]

First time I hear about ETP. Will keep an eye on it. But if it's older than NEO doesn't that mean it's technically outdated?

[Chiraag001]

I think metaverse is good than NEO they had successful 2 ICO

while NEO first ICO is a failure.

NEO developers had different statement than CEO. geez
 

How was it a failure? Did it not sell out in like an hour? 

[krazy89]

any slack or telegram link ? can you guys invite me thanks

[rommelzkie]

I think metaverse is good than NEO they had successful 2 ICO

while NEO first ICO is a failure.

NEO developers had different statement than CEO. geez
 

How was it a failure? Did it not sell out in like an hour?  

The first NEO ICO RPX had a trouble with block 1445025. The developers said it was time based but after the sale rpx announced that it is block based. That's why many investor did not received rpx tokens from block 1445025 of round 2 and get locked up their NEO.

The refund process is not automatic you will need to wait for a week to get your NEO back into your wallet.

The price of NEO before ICO is 37 and now it is 28.58. That's 22% loss already

NEO is not yet ready for ICO

Read here https://www.reddit.com/r/RedPulseToken/

[Chiraag001]

I think metaverse is good than NEO they had successful 2 ICO

while NEO first ICO is a failure.

NEO developers had different statement than CEO. geez
 

How was it a failure? Did it not sell out in like an hour?  

The first NEO ICO RPX had a trouble with block 1445025. The developers said it was time based but after the sale rpx announced that it is block based. That's why many investor did not received any tokens from block 1445025 of round 2 and get locked up their NEO.

The refund process is not automatic you will need to wait for a week to get your NEO back into your wallet.

The price of NEO before ICO is 37 and now it is 28.58. That's 22% loss already

NEO is not yet ready for ICO

Read here https://www.reddit.com/r/RedPulseToken/

So is this a problem with Red Pulse or Neo?

In any case there is definitely room for both Neo and Metaverse to succeed.
Both look like they will be huge. Obviously more scope for gains with metaverse right now.

If my assumption of it being listed on CoinOne is true then yep this will moon. Hopefully a few more exchanges will come like Binance and Bittrex.
Let them develop in the meantime whilst we buy in lol   

[rommelzkie]

Both of them

Red Pulse changed statement after the sale

while NEO smart contract cant support automatic refunds as of the moment

Here is the explanation message from rpx CEO:

Regarding automatic refunds, we were unable to do this as a refund function could only be accomplished with implicit transaction outputs. The NEO blockchain was not designed to have implicit transaction outputs for global assets (such as NEO), because it would bring a number of problems and risk to the SPV protocol. After consulting with the NEO core dev team, the next steps for them are: NEO will provide a trigger mechanism, so that future smart contracts can refuse a transaction upon receiving a global asset transfer at a certain condition. This way, there is no need for refund, because the asset would not be accepted in the first place.



Rpx team will process the refund manually and it will take a week or two

[jakubmatuska]

UPDATE:

- Found out that Eric Gu is also an advisor for an upcoming AION ICO - https://aion.network

- If you want to know more about the team, here are Metaverse frontman's - https://imgur.com/Uap6Jpm

- Metaverse offers a possibility to freeze your coins either for 6 months, giving you ROI of 8%, or for 1 year, giving your ROI of 20%.

- Whitepaper in English - http://newmetaverse.org/white-paper/Metaverse-digital-identity-white-paper-v1.0-EN.pdf

- Detailed roadmap for 2017 - https://imgur.com/a/wRiSi

- Metaverse has about $200 mil. in funds.

- There is currently 60 staff working on Metaverse!

- Eric has a very strong contacts in the crypto industry, including Vitalik Buterin, who Eric showed around when Vitalik was visiting China.

- Currently Metaverse has 5 developers, not including front-end.

- Article - Metaverse Foundation Leads on Creation of Official Blockchain Alliance in China - https://medium.com/@openledger/metaverse-foundation-leads-on-creation-of-official-blockchain-alliance-in-china-f39916167efe

any slack or telegram link ? can you guys invite me thanks

Telegram: https://t.me/Metaverse_Blockchain

Slack: https://metaverse-project.herokuapp.com

[krazy89]

This is the best time to accumulate this token during btc fud hardfork . Just look at the chart , this is like 0.5$ omg in the first days. Im calling 300mil $ caps end of this year , next year 900 million $ caps .

[SergiuHD]

I think I am gonna go an buy some.

[krazy89]

Looks like nobody knows shit about this coin