Facebook Is at the Bottom of the Metaverse Power List? Who Is IMC?

Place/Date: - November 18th, 2021 at 10:33 am UTC · 4 min read
Source: IMC

Facebook Is at the Bottom of the Metaverse Power List? Who Is IMC?
Photo: IMC

What Is “Metaverse”?

 2021 is the first year of the metaverse, which is not a new concept but a rebirth of a classic concept. In 1992, Neal Stephenson, a famous American science fiction master, mentioned the meta-universe in his novel Avalanche, describing a story of real human beings living in a virtual space together with virtual human beings through VR equipment. “If you put on headphones and eyepieces and find the connection terminal, you can enter the computer-simulated parallel world in a virtual avatar way.” The meta-universe was formally proposed.

The Origin of IMC Project

With the development of NFT and DeFi concepts, Metaverse, as an ecological derivative market of NFT, has brought a new reference direction for the development of traditional public chain, that is, “Metaverse”. Metaverse is built on the blockchain, and DAO encodes the management and operation rules of the organization on the blockchain in the form of smart contracts. Therefore, DAO, the main management mode of Metaverse, is also the product of blockchain. NFT has to solve two major problems, the first value problem, which requires huge value load and commercial environment. Metaverse can provide it, and can also means that the products of Metaverse will basically be NFT, and the digital assets of NFT will be more and more. Secondly, to ensure the real permanence and uniqueness, it is necessary to use IPFS& Filecoin as the underlying storage of data. However, blockchain, NFT, DAO all have problems such as low data stock, high price, slow response time, high GAS, network congestion, etc. If these problems can’t be solved, it means that they can’t fully provide effective support for the Metaverse. Blockchain needs to find a way to break the situation, and so does the Metaverse.

IMC is keenly aware that Metaverse has six supporting technologies: blockchain technology, interactive technology, video game technology, artificial intelligence technology, network and computing technology, and Internet of Things technology. Around the six technologies, IMC has made a deep exploration, from GameFi to SocialFi, opening up the game, social and public chain ecology, constructing the “Trinity” Metaverse super ecology, breaking the barriers of encryption industry chain and realizing the industry chain integration. With the empowerment of Metaverse concept, IMC has produced the prototype of diversified value solutions to promote the technological changes brought about by the encrypted world. IMC is building an universal blockchain 4.0 ecosystem based on enhanced DAG applications, which has perfect supporting functions, high performance, convenience, good user experience, and scalability. Provide infrastructure and platform core technology algorithm and signature algorithm for meta-universe cloud data value transmission application, create original double-layer consensus and mining machine, and gather them in IMC to build an ecosystem.

The Future Ecology of IMC

In the future, IMC platform users anywhere in the world will be able to communicate and do business with each other without borders, and can do transactions and exchange into fiat currency through IMC’s token MBV.

Any individual or organization interested in social network composed of strong authentication, high privacy, weak relationship and strong personality users can consider joining IMC ecology and participate in ecological construction. IMC promises to open source authentication, privacy encryption, IMC wallet and other underlying protocols, codes, and modules when appropriate. As long as the developers of the system meet the relevant protocols, as long as the APP developers embed the IMC module, they can be connected to the IMC blockchain network. IMC will also assist other organizations in the ecosystem in writing on-chain smart contracts to speed up DAPP development. IMC will open the whole network analysis platform and welcome third-party organizations to directly use IMC data and valuable analysis results to directly target the most valuable users; At the same time, third-party organizations are also welcome to provide services (such as finance, entertainment, e-commerce, etc.) to create value. The third-party individuals or organizations are required to use IMC to conduct transactions based on the actual resources provided or consumed on the chain in a fine-grained pricing manner, similar to the payment method of cloud computing. Any organization or individual can access the blockchain as a blockchain node without any privileges.

The future is coming, we can do it and we are doing it now!