Introducing Metapoly, the World’s first decentralized metaverse bank

TL;DR,

  1. World’s first decentralized metaverse bank. Imagine Blackrock for Metaverse, decentralized.
  2. Democratization & fractionalization of Metaverse lands in web 3.0 for the future citizens
  3. D33D governance token holders control the DAO; “own the D33D, rule the Metaverse”.

The Internet and its future do and promise so many things we are currently enjoying and even the ones we can’t yet imagine. These perks are core to the incoming Web3 phenomenon which is the Metaverse. The Metaverse is a brave new world, a virtual world that is geared to bring us together and we at Metapoly are proud to launch into the relatively unknown as the world’s first decentralized metaverse land tycoon.

For proper context, think of us as Blackrock, but for the Metaverse. With the Metaverse, the world is heading into a bold new reality. A virtual reality where you can play to earn, interact in real-time with people on the other side of the world and own properties — most notably, lands.

Metapoly is here to incentivize democratized and fractionalized Metaverse lands to future citizens.

Metapoly — Metaverse bank (Blackrock for Metaverse)

WHY METAPOLY?

At the moment, the Finance, Gaming, Productivity, etc categories are easy spaces to build in the blockchain world but the team behind Metapoly is optimistically bullish on the future of the Metaverse.

The Metaverse is a paradigm shift from the realities of the current world. And while what drives us is beyond the profits, the Metaverse is a hugely growing market, and many major technology giants are venturing in. In 2020, the market size of the Metaverse was valued at $47.69 Billion. This is expected to grow at a CAGR of (2020–2027) 43.3% between 2020–2027. The Revenue forecast in 2028 is around $828.95 Billion. These are very huge sums of money and the more reason why we can’t leave the creation of the Metaverse’s infrastructure to the big institutions and tech giants that currently dominate Web2.

Current Web2 giants like Facebook (now Meta) are controlling the entirety of the web; privacy, monetization, etc.; whether the product is a premium, or it’s free, the big tech companies are making their money, leaving you out. Web3 is here to revolutionize that, and Metapoly contributes to that ownership for you.

In a recent interview with The Verge on the making of The Matrix Awakens with Epic Games, Keanu Reeves spoke about his view on the idea that for most people, the virtual world would be more compelling than the real world. Keanu said, “can we just not have the Metaverse be invented by Facebook (now Meta)?”. When probed if he’s not a fan, he said, “the concept of the Metaverse is way older”.

Keanu Reeves and Carrie-Anne Moss on making The Matrix Awakens with Epic Games by The Verge

Keanu Reeves sentiment is exactly the way a lot of us in the industry feel. Seeing one big tech company coming in like the Knight in the shiny armour and posturing like they invented a concept that has existed for almost 30 years now. We have to take back control of our freedom to certain technologies we know aren’t the intellectual properties of these tech companies and if that interview with Keanu Reeves is anything to go by, he agrees with this sentiment.

Another instance of these big tech companies abusing their powers and the rights of their uses is displayed with the recent unfortunate incident which happened to Australian artist Thea-Mai Baumann’s Instagram handle @metaverse. When Facebook announced that it was changing its name, a user messaged her, “You are now a millionaire.” Another user said, “Fb isn’t gonna buy it, they’re gonna take it.”

And exactly like the latter user had predicted, Baumann found herself blocked and her handle vanished five days after Facebook changed its name to Meta. You see, when you’re not paying for the Web2 big tech products, you’re the product. The minority at the top earns the most significant income, leaving you with constantly depleting financials. As the participant that ensures the relevance of their products, you deserve to get the rewards you’re not currently getting. Metapoly changes that.

WHAT EXACTLY IS METAPOLY ABOUT?

Metapoly is the first decentralized metaverse bank that helps you drive investment in the Metaverse. With the recent successes of NFTs, it’s clear as day that the things the world terms as valuable are changing. With Metapoly, you get to be at the vanguard of that change.

Metapoly is derived from two words everyone’s familiar with; Metaverse + Monopoly. By merging these two worlds, we’ve created the infrastructure that seamlessly combines the Metaverse and Decentralized Finance (DeFi).

Metaverse meets DeFi.

Metapoly unlocks liquidity and use-cases for Metaverse assets and governance for Metaverse assets aka Blackrock for Metaverse.

How does it work?

  1. Let’s imagine this as a land-bank name “Globabank”. Globabank is just like any other bank that “owns” the title/ownership of the “assets” in the bank’s balance sheet.
  2. Globabank offers the customers a very attractive interest rate % for them to sell their land deed to Globabank treasury.
  3. In return, Globabank offers you a certificate of ownership; via D33D token, as a right to govern the Globabank itself.
  4. And anyone can own this token as a governance right to this Globabank.

Let’s switch the example above with Metaverse and decentralization.

  1. Metapoly is the Metaverse bank that accepts Metaverse lands, Metaverses protocol tokens, and its own liquidity.
  2. The Metapoly treasury is a smart contract that is fully transparent and accepting Metaverse lands, protocol tokens, and own liquidity.
  3. The treasury issues D33D tokens that is backed by the treasury’s asset programmatically.
  4. D33D token is the governance and utility token for the Metapoly ecosystem.
Metapoly ecosystem

Let’s summarize this:

  1. Metapoly is a decentralized metaverse land assets protocol that is governed by DAO. It is owned by no 1, thus, decentralization.
  2. Metapoly leverages the web3/blockchain and smart contract technology to decentralize this process; that is fully transparent.
  3. D33D is the governance and utility token on Ethereum blockchain.
  4. Metapoly treasury is a combination of several types of digital assets; blue-chip Metaverse land protocols; ie Decentraland, Sandbox, etc and governance and utility token from Metaverse protocols; ie, MANA, SAND etc
  5. In effect, D33D token holders govern the DAO that controls Metapoly treasury and Metaverse ecosystem.

WHY IS METAPOLY IMPORTANT?

Since its inception, the internet has promised freedom. However, the capitalism on Web2 stiffens this freedom, costing the users their privacy, rights, and data. However, there’s a ray of hope with the advent of Web3 and the Metaverse. But it’s vital to be careful, not allowing the growth of the Metaverse take the same trajectory as Web2 did — towards extreme greed capitalism.

The Metapoly community, D33D token holders, and the DAO present a chance of regaining lost freedom, privacy, and rights while also introducing governance participation.

You can be a part of our community to understand more. Visit us at our community channels and social media to learn more.

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Metapoly

A Metaverse DeFi platform that focus on solving liquidity and use-cases for Metaverse assets. — Own the D33D, Rule the Metaverse