Steem STEEM to Metaverse ETP ETP Exchange

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Crypto Pair Details: STEEM to ETP

Steem STEEM

Steem is a cryptocurrency that rewards users for community building by posting and upvoting valuable content for others. Steem was inspired from the success of Reddit where the community helped enrich the shareholders. Steem aims to help distribute the rewards to the community members who help create the community in the first place. Steem aims to provide various services to its members such as a source of curated news, Q&A, job boards etc. The founders of Steem came from BitShares with Dan Larimer involved as well. Steem’s main platform, called Steemit, is a social media network built on top of the Steem blockchain. Steemit is similar to popular content-driven social networks like Reddit and Medium, but it rewards users with cryptocurrency for their participation. Fundamentally, the more value a particular piece of content provides to a greater number of people, the more the individuals responsible for creating and curating that content can earn. Users cast votes, creating a hierarchy of content. The more upvotes a post gets, the more it will earn. The platform also allows for downvotes, giving participants more flexibility when it comes to rating content. Steemit is meritocratic, meaning users that hold more currency can cast votes with greater influence. The Steemit community even has another service to offer to its customers. D.tube, which is considered to be very similar to YouTube, is Blockchain based and the users can realize the difference between the traditional video publishing websites and D.tube, as the amount of money earned is also displayed beside the post apart from likes shares and comments. The Steemit community is accused of posting plagiarize contents on their publishing website. The irony seems to be reaching highest levels when the original content doesn’t receive much appreciation and income than the copied versions of it.'



Metaverse ETP ETP

Metaverse​ is a leading public blockchain based in China. Designed to facilitate low-cost, convenient transfer of digitized personal data and assets with unprecedented security and privacy, Metaverse aims to revolutionize the way financial services and transactions are processed, and to improve outdated and inefficient identity verification services with a network of ​Digital Assets​,​ Digital Identities​, and ​Oracle​ intermediaries. Metaverse is an open-source public blockchain that provides digital assets, digital identities and Oracles as a foundational infrastructure for social and enterprise needs. Through Blockchain-as-a-Service (BaaS), we make convenient, secure digital financial services accessible to all applications at virtually no cost. Founded in 2016, Metaverse went live in February of 2017. We strongly believe that blockchain technology is the catalyst for a better future - the New Reality. The concept is building a network of smart properties and a decentralized exchange for a smart and secure infrastructure. It already has dApps like Supernova running on the mainnet, and cross-chain compatibility with ERC-20 tokens is right around the corner in the project’s development roadmap. Metaverse ETP is used to value or collateralize smart contracts on the Metaverse blockchain network. It’s also used to pay transaction/gas fees. ETP is generated through PoW mining. It’ll soon introduce a PoS model to the platform. Metaverse supports digital identities, assets, oracles, and exchanges, making it a versatile blockchain 3.0 solution. Its development ecosystem already has a gold-backed crypto trading app on the market. Many more are in development for release before 2020. ETP is tradeable on a wide array of crypto exchanges. Its current PoW model will soon be supplemented by a PoS hybrid.'

SOURCE: COINGECKO



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