Metaplace: In Depth Features

A DECENTRALIZED MARKETPLACE INTEGRATED WITH METAVERSE

Metaplace is a decentralized all-in-one online marketplace with integrated feature of metaverse, enabling buyers to physically examine goods through virtual reality. It’s fair, secure and innovative all the way. It helps in taking control of your shopping now, with virtual reality experience examine your goods before making a purchase.

Decentralized marketplace

Unlike a centralized marketplace that is administered by a middleman, Metaplace is a decentralized structure. The main distinguishing feature between a decentralized and centralized structure is the need of a middleman for administrating the market. Where a decentralized marketplace like Metaplace is self-regulating, meaning that the market drives itself towards equilibrium and in any case if it does require assistance, it has DAO governance model where all members contribute towards decision making.

Online marketplace

Metaplace is a decentralized online marketplace that offers you’re a diversified shopping experience through your desktops. It eliminates that need of gathering buyers and sellers in a single place to initiate trading. Buyer and sellers across the globe can register themselves online and initiate trading.

Diversified market structure

Metaplace specializes in multiple different products including regular goods, real-estate and financial tangible and non-tangible tokens. We are the first marketplace to offer such diversified products in a single platform, that too, with integrated metaverse.

Now either you want to purchase an electronic device or a piece of property, you can physical examine or visit the site. Our virtual reality will make it possible.

Binance Smart Chain

Metaplace is constructed on Polygon blockchain. Polygon is a fully fledged multi chain system that combines the best of Ethereum and other sovereign blockchains

Safe marketplace

A centralized marketplace is often subjected to malicious threats. The theft of goods or other claims on the property are some very frequently occurring problems faced by buyer in centralized markets. Metaplace caters to both aforementioned issue through. Firstly, goods are not subjected to theft due to being traded digitally. Secondly, goods are not damaged or flawed as examined physically prior to purchase. Thirdly, there will be no other claimers on the property bought due to its ownership transferred occurring on a blockchain.

Metaplace is an open source marketplace constructed on a blockchain that enables buyer and seller to add data on the Metaplace protocol, while remaining 100% safe with their goods data or other personal information.

Social communication

Metaplace enables its online buyers and sellers to communicate with each other through different communication modes, including messaging, live chat and meetings through virtual reality.

Immutable transactions

Transactions on Metaplace are immutable meaning that there is a log for each transaction recorded and it cannot be reversed once embedded on the blockchain.

Featured ads

Metaplace users will be able to market their products on this large platform through signing up for our featured ads section. Sellers can market their product through featuring their ads by signing up through a certain fee on the platform.

An ad is accepted to be featured on the platform through a proper channel of governance on the platform. The seller must first

Revenue distribution

A certain predetermined ratio revenue is distributed monthly among all members on the platform.

Payment method

All payments on Metaplace are made through the native token of the platform, $MPC.

Users can acquire $MPC through converting their digital currency into our native token. For this purpose, they require a metamask wallet.

Zero fee

Metaplace charges zero fee on any transactions made on the platform. Thus the price of products remains the same is not altered by transaction fees.

Staking

Metaplace offers staking services, where our users can stake their $MPC in any of our liquidity pools to earn a 500% APY annually.

Metaplace revenue model

Metaplace generate revenue by charging a commission transaction fee of 0.5 to 1% on each transaction. The sale of utility tokens is another method of generating revenue. The utility token sale function is based on constant intertemporal utility and positive marginal utility. The fee model, on the other hand, includes the function

0e-δτ X (ƒ+κτ)dt

Where the fee charged К should be less than or equal to F-ƒ. The fee functions like a tax that increases the price consumers pay and decreases the equilibrium quantity to qdX(ƒ+КƮ). And δ is the interest rate, d is the subscript of inverse demand function.

Disclaimer: The information presented in this paper is subject to change by the project administration. Or a delay in implementation of either feature might occur depending on the revised roadmap of Metaplace.

Social Links:

Website: http://metaplace.finance/
Application: https://app.metaplace.finance/
Whitepaper: http://metaplace.finance/whitepaper.pdf
Medium: https://metaplacebsc.medium.com/
Github: https://github.com/metaplacebsc
Telegram: https://t.me/metaplacebsc
Twitter: https://twitter.com/metaplacebsc
Instagram: https://www.instagram.com/metaplacebsc/
Facebook: https://www.facebook.com/metaplacebsc
YouTube: https://www.youtube.com/channel/UClWF4GacAbidx_r9iZUItiw
Reddit: https://www.reddit.com/user/metaplacebsc

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Metaplace is a 3.0 decentralized marketplace built on Binance smart chain. Metaplace enhances the transparency of trade through incorporating metaverse on.

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Metaplace.finance

Metaplace.finance

Metaplace is a 3.0 decentralized marketplace built on Binance smart chain. Metaplace enhances the transparency of trade through incorporating metaverse on.

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