ADVERTISEMENT
  • About
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Sitemap
  • Submit Guest Post
  • Contact Us
Best Crypto Blog Website
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting
No Result
View All Result
Wootfi Media
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting
No Result
View All Result
Wootfi Media
No Result
View All Result
ADVERTISEMENT

MetaVisa Announces $5 Million of Fundraising in Seed and Private Round

Global Press Release by Global Press Release
23/04/2023
Share on FacebookShare on Twitter

HongKong, China, 1st December, 2021, Chainwire

MetaVisa, a layer-3 middleware protocol built on Ethereum, dedicated to developing decentralized identity and building a credit system in the Metaverse, has announced that it has recently raised $5 million in seed and private round funding from Spark Digital Capital, Sora Ventures, Amplio Capital, HG Ventures, GTA Ventures, Seeded Ventures, Dutch Crypto Investors, Maven Capital, Black Mamba Ventures, Tensor Investment Corporation and Collinstar Capital.

By analyzing blockchain data, MetaVisa Protocol helps users establish and display reliable on-chain identity & credit records and makes it easier for DeFi, NFT, GameFi, DAO, and other DApps to better serve their users through our credit system; which we call the MetaVisa Protocol Credit Score (MCS).

MetaVisa Protocol aggregates and analyzes all transactions of blockchain objects on multiple networks, establishes links between them, and then uses this data to evaluate an individual’s credit score objectively and transparently.

The Importance of DID and Credit System

With the emergence of the Metaverse and the transition to Web3.0, users need a permanent, self-owned identity. Decentralized Identities (DIDs) are identifiers that enable a verifiable, decentralized digital identity based on the self-sovereign identity paradigm. DID and credit systems are also the keys to realizing the goal of Web 3.0 and Metaverse.

In addition to collecting, obtaining, and organizing metadata for on-chain identity, a complete information system is needed to facilitate the analysis and evaluation of data.

Finding the right data model and proper standards for managing credit are great challenges. Our ability to address these challenges will determine whether decentralized identities can be mainstreamed.

The background information behind the identity, objective credit evaluation, information data security protection, access to credit information sources on-chain, and the diversified data requirements of the credit system are fundamental to promoting the realization of Web3.0 and the Metaverse.

MetaVisa Protocol and MCS

Based on the blockchain data, using cloud computing, machine learning technologies, and model algorithms such as logic regression, decision trees, and random forests, MetaVisa Protocol conducts comprehensive processing and evaluation of data in various dimensions such as credit history, on-chain behavior preferences, address activity level, asset holdings & portfolio, and address correlation.

The MCS system will provide users with badges of honor showing their MCS for all to see in the form of an NFT. Users with higher MCSs will be rewarded with high-ranking badges and will enjoy more privileges when receiving services from various DApps.

MetaVisa performs credit ratings for other digital assets such as NFT. The credit scores for NFTs are estimated based on the number of times they have been auctioned on MetaVisa Protocol or other trusted platforms. NFT’s score will not depend on their price because their price is typically determined in an unreliable manner, based on the emotions and the subjective preferences of the purchaser.

To evaluate credit scores for a wallet address, factors such as total assets, transaction history, loan ratios, circulating assets, and trustworthiness of possessing assets will all be accounted for.

MetaVisa NFT Claim – MetaVisa Hero

MetaVisa recently launched their first NFT series – MetaVisa Hero, with ten different roles; Archer, Barbarian, Berserker, Druggist, Knight, Master, Ninja, Priest, Rogue, and Warrior.

MetaVisa Hero is minted using an infinite algorithm. The way to receive an exclusive NFT is by combining a scalable vector graphics (SVG) image + address information (wallet number info) + minting timestamp = a string of source codes that can be used to generate SVG files. The code is encoded with BASE64 and packaged with additional coding content, including the address number information and the time of collection. It is recorded on the blockchain in the form of BASE64 encoding. Anyone can get the original coding information from the chain, decode it or generate a vector diagram with a decisive path.

To put it simply, MetaVisa NFT demonstrates ownership of the object and shows when it was generated with a time badge, giving meaning to the image and providing context to the history of the item.

Contacts

Marketing Head

  • Eddie
  • Metavisa
  • service@metavisa.com
  • 852 62183176
Global Press Release

Global Press Release

Next Post

Defi-Focused Crypto Wallet Ambire Receives $2.5m in Funding Round

LATEST ARTICLE

9 Best NFT Aggregator Tools for Advanced Users In 2025
Exchange

10 Best Algorithmic Trading Software In 2025

by Volvo
09/04/2025
0

In this topic I will talk about the Best Algorithmic Trading Software for traders and investors available today. Regardless of...

Read moreDetails
19 Best Influencer Marketing Agencies In Singapore 2025

19 Best Influencer Marketing Agencies In Singapore 2025

06/04/2025
How To Bridge From Optimism To Base – Easy Guide

How To Bridge From Optimism To Base – Easy Guide

02/04/2025
10 Real Money Online Casino No Deposit Bonus Codes 2025

10 Real Money Online Casino No Deposit Bonus Codes 2025

02/04/2025
SOSANA Launches to Strengthen Solana, Reward Smart Degens, and Restore Confidence in Crypto 

SOSANA Launches to Strengthen Solana, Reward Smart Degens, and Restore Confidence in Crypto 

28/03/2025
WOOTFI LOGO

Wootfi Mile Blog

Wootfi.com is a comprehensive review platform that specializes in providing accurate, up-to-date information on the latest developments in the world of cryptocurrencies, forex, DeFi, crypto wallets, and AI. Our team of experienced writers and analysts are passionate about their work and committed to delivering high-quality content to our readers.

Categories

  • Affiliate Program
  • AIRDROPS
  • Artificial intelligence
  • Best Crypto Wallet
  • Bitcoin News
  • Blockchain News
  • Buy Crypto
  • Cardano News
  • CASINO REVIEW
  • CLOUD MINING
  • COINS
  • Crypto News
  • Crypto Press Release
  • DEFI
  • Earning Survey Sites
  • Education Platform
  • Ethereum News
  • Exchange
  • Features
  • Finance
  • Fintech
  • Forex
  • Format Folder
  • Government News
  • Guide
  • ICO
  • Investment
  • Lending
  • News
  • NFT
  • NFT NEWS
  • Press Release
  • Ripple News
  • Uncategorized
  • WALLET
  • Web Hosting
  • About
  • Advertisement
  • Disclaimer
  • Term Of Use
  • DMCA
  • Privacy Policy
  • Cookies Policy
  • Sitemap
  • Submit Guest Post
  • Contact Us

© 2023 WOOTFI - Develop by WOOTFI.
All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .

No Result
View All Result
  • HOME
  • COINS
    • ICO
    • AIRDROPS
  • MINING
  • TRADE
    • COINS
  • PR
  • NEWS
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • Crypto News
    • DEFI NEWS
    • Ethereum News
    • Government News
    • NFT NEWS
    • Ripple News
  • CASINO
  • MORE
    • WALLET
    • INVESTMENT
    • Affiliate Program
    • Buy Crypto
    • CLOUD MINING
    • DEFI
    • Exchange
    • Fintech
    • Forex
    • Lending
    • NFT
    • Web Hosting

© 2023 WOOTFI - Develop by WOOTFI.
All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .