What is Metaverse Face?
Metaverse Face (MEFA) is a blockchain platform designed to deliver Face NFT for the metaverse. This three-dimensional immersive domain is shared by multiple users, who interact with one another through avatars. The trading of digital assets utilizing cryptocurrencies is earning constant traction worldwide. MEFA functions with smart contracts on the (BEP20) Binance chain network, and all transactions are recorded in smart contracts, avoiding the need for a database.
MEFA seeks to deliver virtual world character face NFTs, each with various features. The traders can have their faces designed as a character, and the platform aims to create an upper market to partner with virtual reality and multiple game platforms.
The platform addresses major issues faced by most NFT projects, such as the shortage of use cases and the lack of an endurable economic system. It uses a proprietary algorithm to generate face NFTs, which can create an unlimited number of faces every day if desired. Metaverse Face reinforces this with numerous partnerships and merges with multiple separate projects.
The MEFA token is native to the platform, and traders need it to trade NFTs and mint. According to the website, 4% of each transaction is redistributed to the holders, based on their current MEFA holdings, generating a passive income for them.
The longevity of the MEFA platform rests on its capability to assure sufficient financing that fuels its visions and goals. The first funding source is the 100 BNB presale, in which the platform allotted about 10,000 dollars for advertising.
In November 2021, the platform launched its website and social media platforms, and then in December, MEFA started its token presale. In the same month, Metaverse Face got listed on various exchange platforms.
The platform has created an innovative approach to Face NFTs in the metaverse. With the proprietary algorithm and numerous partnerships, Metaverse Face is positioned to become a significant player in the growing metaverse industry.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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