Metal Arts Company (MTRT)

[Capitalvaluetrade]

This was posted on MEDIUM website, it just does not seem to me the founders are the type to have the goal of just getting to $10 PPS on the OTC. Hmmmm...

Blockchain Column

Medium Universe becoming a reality with blockchain

https://blog.naver.com/mediumblock/222491666173
English Translated

There is a market, and it is growing.

[Source] Medium Universe becoming a reality with blockchain | Author MEDIUM

Despite being smeared with cryptocurrencies, speculation and illegality, blockchain is changing the world. No, a new world is already coming. In a market economy to which blockchain technology (NFT) is applied, uniqueness and rarity are allowed for ‘images’ rather than pictures hung in real frames, and sound sources that can only be possessed by ‘me’ are produced and exchanged in the world. The value once granted online is replaced with the real value of reality, and a different world is being created as blockchain technology, which is technically impossible to hack, finds an application point. In fact, the market capitalization of major NFT projects, aggregated during the first quarter of 2021, was $432 million, an increase of 1,785% compared to the previous quarter. 'Like it or not, the world is changing.'

Metaverse, the birth of a new world

The change of the world is giving birth to another dimension. As the Covid-19 pandemic continues for a long time, the metaverse, which combines reality and virtuality based on artificial intelligence (AI) and virtual technology (AR, VR), which is leading next-generation technological innovation, is rapidly emerging as a hot topic in the industry. PwC, a global consulting firm, predicted through a report that the global metaverse market will grow to $1.54 trillion by 2030 and create jobs for 23 million people.

Metaverse, which means the universe, literally transcends time, space, and technological limits. There are no technical limitations that apply to AR, AI, augmented reality, mixed reality, and extended reality (XR) technology. What is different from existing AR/VR is that economic activities are possible while producing/consuming content in a virtual space, and that activity also affects reality.

Blackpink avatar in Naver ZEPETO (Naver) / Various characters in the Roblox virtual world (Roblox)

At the point that connects the virtual and real worlds, blockchain technology gives a permanent value that cannot be technically manipulated and hacked to numerous results created in the digital world, and the value is attributed to the individual. Numerous people, including global celebrities such as Elon Musk, Jack Dorsey, and Manny Pacquiao, have been able to check the real value of digital assets through non-fungible tokens (NFTs), and this trend is expected to continue in the stock market and other industries as well. are doing In fact, the monthly users of Roblox, who are leading the metaverse storm, reached 160 million, an increase of 45 million in six months in 2020.

Left: Tweet announcing that Elon Musk is selling songs with NFT, Middle: Pacquiao's Digital Art NFT Auction & Jack Dorsey's first tweet to win $2.5 million NFT, Right: Roblox MAU

There are also predictions that blockchain technology will play a licorice role in the metaverse. appears to have an impact on the field. In particular, in the case of proptech, which handles expensive real estate for sale, blockchain provides a function to maintain the authenticity of important data exchanged online, such as contracts and various supporting documents, and to maintain mutual trust.

In the metaverse world that transcends virtual and reality, there are no restrictions on the industrial field, and as there are no restrictions on the field of application, the compatibility between the metaverse and blockchain, which is gathered, is the perfect match in terms of the operation of massive data.

Metaverse of the Medium Blockchain, Medium Universe

Employee A's daily range of action is limited. In particular, after the corona crisis, it is rare to travel other than the weekday commute. Going to and from the office by public transportation, he accesses the Life-Block service in a virtual space while on the move, enjoys the DApp drama content he watched yesterday, and orders food for tomorrow morning. The fee required to convert the reward accumulated so far into digital currency and make payment is 120 won, and the seller who can deliver early morning has sent a message that it will be delivered at the desired time as it is in the order form.

“On Facebook’s virtual reality platform Horizon, launched in 2019, users can engage in various activities, such as creating their own space or new game.” Metaverse is not a distant future. In fact, modern people over the age of 20 or 30 have already been able to witness the things that they have already experienced indirectly in sci-fi movies and dramas many times in real life. We can already control the lighting in the kitchen and living room by voice, maglev trains are running on the tracks, and soon we will see taxis flying in the sky.

As the metaverse becomes more concrete, the boundary between virtual and reality becomes blurred. Through the evolution of technology, the reality of all objects such as objects and people expressed in the metaverse will be enhanced, and user experiences and activities will affect the mutual world between virtual and real.


Medium Universe

“We provide an experience that transcends the boundaries between real and virtual, online and offline.

A new level of digital world to stably deliver all digital values ??that exist in the world”



The true metaverse that Medium thinks is

The concept of OMO (Online Merge with Offline) is fused to create a new world in which reality and virtuality are identified.

This metaverse world that Medium will create is called the 'Medium Universe'.

- Big-Shot Roadmap -

The Big-Shot for building the Medium Universe of Medium is divided into four stages, and Medium is step by step on the roadmap for this.



Step 1. Implement a high-performance blockchain solution that can realize all the possibilities of blockchain

- Implementation of transaction processing speed of 14,142 TPS in MDL, Korea Testing and Certification Institute performance evaluation certification (Shortcut)



Step 2. Build a blockchain-based service to deliver various digital values

- Launch of ultra-realistic SNS service that combines advanced technologies such as artificial intelligence and virtual/augmented reality (shortcut)

- Establishment of a blockchain game subsidiary to protect users’ rights and interests and build trust through blockchain technology (shortcut)

- One-stop service for various digital contents such as movies, webtoons, music, and shopping through the blockchain platform (shortcut)



Step 3. Offline service establishment

- Acquisition of a stake in a kiosk company to enter the digital payment business (shortcut)

Step 4. Blockchain Platform, * Build Medium Chain

- Launch of a blockchain platform that connects the real and virtual world with all blockchain-based values ??to complete the Medium Universe (Shortcut)