Breaking News
Investing Pro 0
NEW! Get Actionable Insights with InvestingPro+ Try 7 Days Free

METAREA Creates Office Space In Metaverse

Cryptocurrency Feb 04, 2022 02:00AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
METAREA Creates Office Space In Metaverse

The need for a better solution became more eminent as the COVID 19 pandemic brought the whole world to a standstill forcing people to stay indoors to avoid getting infected. During this period, businesses were forced to seek alternatives to protect employees while ensuring continuity of operations. Three years down the line, people are still working from home to use all available resources. According to reports, the virtual workspace and communication solutions market saw an increase of about 300% in the last year.

While most of these alternatives helped businesses stay afloat, they still lack vital proponents to help with full operations. Using the latest innovations, Web3 and metaverse, developers have found a way to allow people to continue working from the comfort of their homes while still getting the whole experience that comes from going to the office, thus introducing METAREA.

Introducing the METAREA ecosystem

METAREA, dubbed the metaverse ecosystem for work, transforms the workspace experience by taking things to the metaverse. METAREA offers a unique solution by combining hybrid and virtual eras to better working space. METAREA is created to be the most stylishly designed Business Meeting venue in the metaverse. The all-in-one workspace offers different tools, including virtual meetings, virtual meeting rooms, customized workspace, mail servers, rentals, and cloud storage solutions.

The platform uses end-to-end encryption that ensures the security of business data and user information. The platform is also designed to offer users a subscription or promise model in addition to its ultra-low latency. What sets the project apart is that it also allows audio and video optimization based on the user connection speed.

METAREA’s vision is to make the platform more accessible and profitable for users by adopting the digital revolution. Once fully launched, METAREA will be available on the most used metaverse projects, including OVR, MANA, and SAND. Notably, the first office design is already available on the OVR. The first workspace envisions an executive tower with state-of-the-art designs and equipment, including a helicopter patch.

The official announcement reads:

“Our design team has been working very hard, and we’ve come up with the first METAREA office design! It’ll be available to use on @OVRtheReality.”

The METAREA token

The platform has a native token, the METAREA token, used for various utilities within the METAREA ecosystem. The token will be used to pay rent, buy spaces in the METAREA project, buy meeting and virtual workspace credits, pay for a subscription and on-premise usage and buy more additional services. Currently, the METAREA is holding a pre-sale for the METAREA token allowing investors to secure their place for a much lower price. Early investors will also have access to additional benefits in the coming days.

The project has a fairly distributed token ecosystem. METAREA has a total supply of 100,000,000 tokens, of which 22.5% will be used for the pre-sale. METAREA also has a lucrative rewards system divided into three principles: reflection, marketing, and LP acquisition. Through reflection, holders will receive 4% in USDT as a reward for all their transactions. Note 4% on every transaction will be automatically added to the project’s liquidity pool.

METAREA plans to have its first DEX listing, hold its two ICOs, start its blockchain coding feature, IDO and Alpha and beta tests before a full launch in the coming days.

Disclaimer: CoinQuora does not endorse any content or product on its page. While we aim to provide you with all relevant information that we could obtain, readers are encouraged to do their own research before taking any actions and bear full responsibility for their decisions. Please note that this article does not constitute investment advice.

Continue reading on CoinQuora

METAREA Creates Office Space In Metaverse
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email