Metavisa Whitepaper
Overview
Metavisa is a project aimed at providing Web3.0 users with exclusive, dynamic soul-bound NFTs(Non-fungible Tokens), standardized DID(Decentralized Identity) profiles, professional data search engines, and a powerful data matrix. Metavisa is also constructing a strong ecosystem for the next generation of Web 3.0 users, and it is open to collaborating with other Web 3.0 projects.
Mission
Metavisa is focused on developing a new ecosystem for "Metabeings," which are multidimensional and commercially valuable on-chain identity systems that assist users in displaying, managing, and enhancing their Web 3.0 identities. Metavisa is also developing a Web 3.0 enterprise-level Search Engine and Search Engine as a Service package. Metavisa assists users in achieving data sovereignty and benefiting from their data by reconstructing Web 3.0 DID and on-chain data systems.
DID Industrial Overview
The core narrative and industry division of decentralized identity (DID)
DID is a crucial part of the Web3.0 space, providing a credit anchor for value exchange across the digital assets landscape. DID was first introduced in 2021, and has since seen rapid development, including the proposal of Soulbound Tokens (SBTs) by Ethereum co-founder Vitalik Buterin, lawyer Puja Ohlhaver, and E. Glen Weyl in May 2022. SBTs are digital identity tokens that reflect a person or entity's characteristics, features, and accomplishments. They are issued by "Souls", which represent blockchain accounts or wallets, and cannot be transferred, also known as Non-transferrable Tokens(NTT).
Individuals can have multiple wallets (or Souls) that represent different aspects of their lives. For example, a person may have a "Credentials Soul" for their work history and a "Medical Soul" for their health records. This allows people to build a verifiable digital reputation on the Web3.0 based on their past actions and experiences.
Souls can also represent entities that allocate SBTs. For example, a company could be a Soul, issuing SBTs to each of its employees. A digital country club could also issue SBTs to verify membership status.
The idea behind soulbound tokens (SBTs) originated from the popular online game World of Warcraft, where players cannot sell or transfer soulbound items. Once picked up, soulbound items are permanently "bound" to the player's "soul". SBTs aim to turn the concept of NFTs into something beyond just money and rights, by creating tokens that are both unique and non-transferable. While NFTs represent assets and property, SBTs represent a person or entity's reputation. Unlike NFTs, SBTs hold no monetary value and cannot be traded once issued to a wallet.
The construction of DID has the following dimensions in terms of definition and division:
The construction of data systems, including the creation of data maps and metrics, the development of data classification and modeling, the creation of algorithms for data analysis and search, and the development of data definitions;
The development of on-chain identities, including the creation of on-chain portraits (Metabeing), the creation of identity certificates on the chain, the formation of identifiable on-chain portraits/images, and the construction and application of on-chain identity credit systems;
The definition and construction of the relationship between units and events on the chain, including the identification of individuals or groups in terms of non-biological identities, similar to legal persons and event subjects in the traditional world, and the definition and construction of class assets and derivatives;
The construction of Web3.0 social relationships based on the above DID definition, as well as other dimensions of DID from the perspective of industry division, such as hardware support, system upgrades, data structure and database systems, consensus standards at the protocol and contract layers, and a wide variety of application layer systems.
A Brief History of DID
The current DID concept is still in its infancy. From NFTs to Metaverse interactions, Web3.0 employs the PFP method to allow users to gain a preliminary understanding of DID through intuitive feeling.
At this stage, NFTs resemble basic concepts of avatar logos and identities that would be represented in virtual worlds, incorporating certain personality traits. Users realize the future utility and importance of digital trust at this early stage, as well as the critical need to support digital identities with industry-recognized DID systems:
1. The metadata that powers NFTs now provides a far more complete picture of a user's status. Contrary to popular assumption, each NFT's visuals are just a quick way for different groups of individuals to recognize one another;
2. The importance of NFTs in the present digital era goes much beyond the mere portrayal of visual assets. They are a mechanism for packaging assets, identities, and data elements into a comprehensive social and financial instrument, making their understanding easier to comprehend.
3. More data is available and simple to obtain along the chain thanks to the promotion and growth of NFTs; this data can and will be processed through labeling, definition, and packaging elements; and it is linked to create a more organized Web3.0 digital society. For many years to come, this procedure will determine how Web3.0 and blockchain data are used.
The value and wide application of DID (General)
Web3.0 is a value exchange network, and it differs from traditional finance in a number of ways:
The Web3.0 sector has discovered a need to develop similar systems to better serve users and create a transparent safety net between business-related transactions and consumer-related transactions because credit foundations have always and will continue to determine numerous factors within the financial system and its behavior with global user bases.
With the introduction of DID, the Web3.0 sector observes the following;
1. DID promotes the development of ZKP, ZK-Authentication, ZK-KYC, and the construction of a unilateral credit system
2. DID promotes the development of DeFiDEX, DAO, and many other Web3.0 ecosystems through the understanding of the wallets and users participating.
3. DID promotes data social value exchange and production organization construction
Challenges of Current DID Sector
Single-point breakthroughs in most projects have not formed a credit system construction cycle
The foundation of the data system is weak.
Although there are a lot of on-chain and off-chain data, the data labels, data molds, and data matrix are not yet mature, and it is difficult to support a complete credit finance and social identity system
The ecology of the DID system is in its infancy, and product availability and linkage between products
The demand based on the mature DID ecology is in the early stage
Lack of visual ID card NFT
Solutions of Metavisa
Metavisa’s core narrative and value proposition
A new generation of DID projects is Metavisa. It becomes a DID competition with a packaged DID card, a real-data-based avatar connected to DID, a user picture analysis report created using DID data, and the DID ecological platform and interface services created using these.
Metavisa contributes to DID data
Metavisa has a framework of data maps and in-depth calculation data algorithms, generating a multi-level and multi-dimensional Web3.0 data matrix database, in contrast to unilateral user portraits or data search initiatives.
Metavisa contributes to DID infrastructure
Metavisa is directed to C based on the data matrix and offers 360-degree user data portraiture using page tools. It also displays the user's Web3.0 picture based on data differentiation through NFT, creating an ID card image with the user's SBT, and uses a variety of other technologies. Currently, Metavisa is introducing Profile EGO NFT, the first growable and visual identity for Web3.0.
Metavisa contributes to the commercialization of DID
Metavisa is B-oriented and offers users a methodical search engine solution based on the data matrix. Through tagged search, fuzzy search, and custom search, retailers may look for different types of data portraits on the chain and learn how to deal with them.
Metavisa contributes to DID ecology
A DID-based ecology is constructed using Metavisa's two-way functionality. In order for merchants and users to fully exchange information, Metavisa offers ecological activities in the form of staking, bonus pools, and business collaboration. Based on the characteristics of the Web3.0 value information network, merchants and an economic cycle mechanism are formed among users. Users who take part in the Metavisa environment can earn rewards that have real economic worth, thus encouraging the close collaboration of business users. In the EGO NFT system, Metavisa is now developing an ecosystem of applications, including GameFi, SocialFi, etc. Currently, Metavisa has strategic partnerships in place with over a dozen well-known GameFi projects, including WELL, KOMIO, and others. Through the identification of Metavisa, users can engage with the application ecosystem and receive extra advantages and event tickets.
Product Features
Feature 1：Profile
1. Introduction
Profile (DID) is a user identity system platform combined with EGO-NFT. After the user links the wallet, Metavisa calculates the score of the user's wallet address and displays it to the user intuitively using a radar chart together with the score for the relevant dimension on the chain.
2. MCS Radar Chat Radar Chart
The following six dimensions are included in the MCS Radar Chat radar chart to evaluate and compute the user's on-chain address behavior so that users can easily and intuitively observe their on-chain behavior and associated scores through the radar image.
The six dimensions of a radar chart include:
Finance
The Finance dimension, which primarily includes the mainstream Defi initiatives on the market and the open data of numerous significant decentralized exchanges, focuses on the address transaction activity on the user chain. With the use of this information, Metavisa evaluates how the user's on-chain address behaves when dealing with linked contracts, classifies these interactions and determines their weight in order to determine the user's on-chain address's Finance score.
Meta
The NFT of the address on the user chain, GameFi, and the assets in the Metaverse, such as the number of NFT assets held by the user in the past, the total value of NFT, the total value of assets held in the GameFi project, etc. are collected for the Meta dimension in order to determine the corresponding score.
Social
The main focus of the social component is on user engagement on the chain of SocialFi and DAO-related products, such as the content of articles written by users on the web3 media platform. DAO.
Activity
The user's on-chain address's overall activity is reflected in the Activity dimension. The user's score in the Activity dimension will be determined by an algorithm that considers the user's on-chain address over the previous month, the number of transactions per day, the number of interactions with the contract, etc.
Wealth
The Wealth dimension calculates the user's Wealth dimension score thoroughly using a very rigorous and scientific procedure, rather than just concentrating on the number of assets in the user address on the chain. The user's on-chain address's transaction volume and asset quota over the previous three months, as well as the average transaction value per transaction, are among the variables that have an impact on the score.
Info Completeness
The information integrity of the address on the user chain inside the Metavisa ecosystem is reflected in the Info Completeness dimension. This information includes the user's decentralized identity account in Metavisa, whether the user holds NFT, whether the user's Wealth or Activity dimension score is greater than a certain value, whether the user's Finance, Meta, or Social dimension score is greater than a certain value, and whether the user has NFT, and whether the user's decentralized identity account at Metavisa is associated with some social applications, etc.
3. How to own a profile? How to make the profile more complete
Visit the official Meta Visa website and, as seen in the figure below, click the "DID/USER PROFILE" button in the navigation bar to get started: To see if the wallet address has a Metavisa NFT and a profile created by Metavisa based on the user's wallet address information, click Metamask to connect to the wallet address. a group of ratings.
4. Labels
Users will receive identity labels from Metavisa in addition to the basic interface of various profiles provided by the above user connection addresses on the chain, depending on their unique qualities. Users who possess a particular NFT, for instance, may be identified as the xxx holder.
Feature 2：EGO NFT
1. Introduction
EGO-NFT is a collection of Soul-Bond NFTs that are dynamically standardized and upgradeable. Metavisa's real-time on-chain data is what drives these collections' dynamic features. All addresses in the chain are eligible to apply for EGO-NFT and take part in the Metavisa economic ecosystem for free.
2. Features
a) Dynamic: EGO-NFT, which we refer to as dynamic, is not just a single form of SBT; rather, it will evolve together with users as they go in the WEB3 world based on the accumulation of user address data on the chain. Please refer to # six dimensions for the exact point growth guidelines.
b) Credit score: EGO-NFT combines multi-chain address interaction activities and employs Metavisa's credit algorithm as technical assistance as a crucial part of the credential layer. This credit score, which will indicate a professional credit rating, will be recorded in EGO-NFT. The ecological initiative of Metavisa can directly profit from this rating.
c) On-chain certificate: A type of SBT product that is entirely on-chain is called EGO-NFT. EGO-NFT will work as the only on-chain for this address due to its non-transferable properties, which will create a lasting binding relationship with the primary address and a number of sub-addresses and serve as the only on-chain credential for this address.
d) Available for rewards: For users of EGO-NFT, Metavisa offers a distinctive rewards program. Every EGO-NFT holder has the opportunity to raise their chances of being searched in the built-in data search engine of Metavisa and receive a portion of the search charge as a passive voucher prize. One example of a reward mechanism is a search engine.
3. How to mint?
Sign on to the Metavisa website - link your wallet - take part in Mint.
4. Rank
Users with higher rankings can get more visibility and search share thanks to Metavisa, which will rate all users according to the amount of information expressed by EGO-NFT.
The EGO-NFT basic scores have ten levels, and the following principles apply to each level:
5. Significance of EGO-NFT
As more people participate in this wave of decentralization, the meaning provided by the decentralized identifier DID grows more and more crucial. By creating the user's decentralized value standard around the dynamic properties of the user's chain, Metavisa's soul-bound SBT solution, EGO-NFT, enriches the organizational ecology of the entire Web3.0.
Feature 3：Search Engine
1. Introduction
The search engine, which consists of a network of address search tools, enables web3 projects to directly hunt for possible target customers while also rewarding those who are sought-after (being searched to earn).
In the Web 2 era, large organizations now have control over user activity data. Users may generate data, but the platform actually owns it. Internet goliaths in full control are fighting and misusing user information. controls the flow of user data unilaterally, reaps the rewards of the value that user data brings, and does not offer consumers any advantages.
Web3.0 is a decentralized blockchain-based platform that has changed the behavior of the industry titans that were monopolizing data from the bottom up and given users true power over and decision-making authority over their data. To achieve data and application sovereignty, Web 3.0 app architecture is essential.
In the era of Web 3.0, search engines have created a fresh approach to help projects attract people and are now in charge of user growth. Currently, it is the search tool with the highest commercial availability, the most accurate user data, and a search engine that really compensates data contributors. The project can engage in activities like airdrops to entice users to its platform and accurately locate the address of the target user on the chain by searching on a search engine, which significantly increases the effectiveness of the project in finding the target users. Additionally, in accordance with their various EGO status levels, the searching results can be filtered according to the target users' different EGO status levels. The corresponding incentives are also available to users on the Metavisa platform at the same time.
2. Search Engine has three search dimensions
a) General Search
Based on the data method of user chain picture and depth computation, Metavisa marks the address on the user chain. At the moment, General Search is broken down into searches for various tracks: Defi, NFT, GameFi…
b) Fuzzy Search
Search for similar user portraits (e.g. account assets) based on six refined feature values.
Fuzzy search is a more sophisticated feature. Customers can utilize the fuzzy search to get a batch of users that most closely match their requirements, then filter out other user addresses that are very similar to the user address that best suits their needs. The robust algorithm support offered by the MetaVisa R&D team is what powers the fuzzy search.
c) Beam Search (custom): Can search user types in batches
Customers can freely and without restriction choose the tags they require for custom searches. For instance, a consumer might desire to airdrop players of the Axie game while simultaneously hoping that their on-chain assets will be worth more than $1,000.
d) Search Engine as a Service
Based on the basic mechanism of the Search Engine, Metavisa is developing To B Search Engine as a Service tools, such as precise launch tools like airdrop shops and user contribution calculation module, etc.
Feature 4：Ecosystem
What Ecosystem are we building?
The protocol for decentralized identity Metavisa is developing a set of innovative identity standards that will connect the entire Web3.0 scene, and the decentralized self will benefit all Web3.0 users.
To-C
DeFi
The scoring criteria of Metavisa identity can help the DeFi scenario.
a) Users can pledge $Mesa in the official pledge pool of Metavisa and receive a yearly return of 5%–15%. This return will be calculated using the user's Metavisa identity score.
b) Additionally, it can perform accurate multi-dimensional analysis and categorization of all user behaviors on the chain using the powerful data retrieval engine of Metavisa, and it can provide users with the best chain hosting services and Defi information summaries.
c) Defi is the standard Web 3.0 storytelling example. Metavisa is investigating more possibilities. We'll concentrate on providing adaptable and reasonable on-chain credit financing services. Product development that is environmentally friendly is currently in progress. Stay tuned. (The credit score is a growth category score; specific regulations may refer to the project.)
Gaming
The game industry can support Metavisa's identity by raising the bar for scoring. At the moment, Metavisa has locked more than 20 Game-fi partners. Users of Metavisa have access to the relevant rights and interests of the respective project depending on their identity score. There are mainly two ways.
a) Airdrop store: Metavisa is creating a feature for an airdrop store that offers customized marketing based on the Search Engine module. Users of the official website can see the acquisition process by clicking and viewing the treasure box right away.
b) Users can tie corresponding identification tags and gain direct rights and interests within the ecology of cooperative ventures. Rights and interests certification within the game.
MetaWizard DAO
One of the primary functions of the decentralized identity protocol Metavisa is to integrate address label analysis and information flow on the chain. We will deliver this feature in the simplest way possible and provide community governance functions to all Web3.0 users. By using Meta Wizard DAO, users can complete::
a) Through the Meta Wizard DAO organization platform, users will eventually cast their votes for the specific subdivision and scoring parameters of the aforementioned six profile aspects.
b) Voting for the AIP release on customized tags is available to all EGO-NFT users.
c) All $Mesa holders should be encouraged to vote in any initiative designed to improve the $Mesa environment.
To B
User Growth
The decentralized identification protocol Metavisa provides users with a methodical search engine service by information labeling the data matrix. Merchants have access to a range of on-chain data portraits and ways to engage with them through label search, fuzzy search, and custom search.
The Metavisa-based identity standard can provide DAO organizations with an effective and efficient Equitable Governance Tool by enabling connections between different DAO organization kinds and community members who share their interests, passions, and ambitions.
Token Distribution
$MESA has a total supply of 10,000,000 tokens. Here is a breakdown on how these tokens will be distributed.
Segment
Distribution
Allocation
Details
Community Rewards
25.00%
2,500,000,000
Emitted across 36 months, with halvenings every 6 months
Team and Consultants
20.00%
2,000,000,000
6 months cliff since TGE, 15% will be unlocked in the first 2 years and the remaining will be released quarterly in 2 years
Treasury
12.00%
1,200,000,000
Unlock 20%by the 3rd month from
TGE, and the remaining released
quarterly in 2 years
Strategic Investor Phase I /Seed
10.00%
1,000,000,000
Unlocked 16% from TGE, and the remaining released linearly in 1 year.
Strategic Investor Phase II /Private
10.00%
1,000,000,000
Unlocked 16% from TGE, and the remaining released linearly in 1 year.
Partnership Ecosystem Incentive
8.00%
800,000,000
Locked for one year after TGE, and
then released linearly in two years
Marketing
14.00%
1,400,000,000
No lock, but it will not be used in the primary market
IDO
1.00%
100,000,000
100% unlocked
Total
100.00%
10,000,000,000
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Road Map
Vision：There are four key points annotated in the Metavisa Roadmap:
1. Enterprise-Class Search Engine Services
2. User On-chain&Off-chain Data Analysis Platform
3. EGO NFT- Visualized On-chain ID
4. Ecosystem Building
Completed Milestones:
2022Q1
Metavisa Data Server and Analysis Model Completed
First Blockchain Integration-Ethereum
MCS Radar Chat Model Completed
Metavisa Raised $5M rom Decent Investors in Seed Rou
2022Q1:
Metavisa Testnet Launched
Metavisa Oracle Engine V1 Completed
DID Scoring System Completed
2022Q2:
Metavisa Mainnet Launched
Standard API for DeFi,GameFi Projects
User Profile Web Page Launched
Social Media Account Connection Function Launched
2022Q3:
Search Engine-General Search Launched
UI/UX Overall Enhancement
Starting BNB Chain Integration
Metavisa Oracle Engine V2 Completed
Future Roadmap:
2022Q4:
EGONFT Release - Your Visualized Soul Bound & Dynamic DID Profile
EGONFT Realm Launch, Aggregating On-chain Track Records and Tags
Search Engine-Beam Search Launch
2023Q1:
Search Engine-Fuzzy Search Launch
Eco-partnership with Top Tier Gaming Projects
Metavisa Ecosystem -“All in One EGO” Campaign: Partnership with DeFi, DAO, Social Projects
“Being Searched to Earned”Mechanism Launch
Metavisa Search Engine Developer Community Building
Metavisa Staking Pool Launch
2023Q2:
Airdrops Aggregator Platform Based on Search Engine Launch
First Patch of Eco-partnership Projects NFT Launch
Multi-chain Integration: BSC, Polygon, OP, Arbitrum
Metawizard-DAO Launch
Metavisa SaaS API Development
Team Overview：
Jassem Osseiran
Founder-CEO
Operating
Entrepreneur and advisor in the financial services, alternative investments sector with over 10 years of demonstrated history in leading commercial operations, strategic partnerships and capital deployment.
Silent Unicorn
Marketing
A Venture Builder focused on building, financing and expanding technology businesses globally. SilentUnicorn harnesses the power of its expertise and sophisticated network of partners to make an impact across market verticals.
Nicholas Chan
Tech
He holds a physics degree from one of the top three universities in Asia and has extensive experience developing algorithms and smart contracts. For numerous Web3 projects, including hardware wallets, hot wallets, DID projects, DeFi projects, and other projects, he has offered algorithm and contract solution services. He is currently responsible for creating the databases, data models, data algorithms, and smart contracts for Metavisa.
Frank Kow
Product
He formerly served as the operation director for one of Asia's Top 5 game companies. He has worked on and developed video game projects for more than 15 years. More than 100 well-known games have been operated and created by him. Currently contributing to the team's work on ecological project development and product operation.
Wyss
Lead Architect
Full-stack Engineer
A doctor of computer science who started working in the blockchain industry in 2016. He was in charge of creating the architecture for a major Asian payment company's credit-scoring system.
Technology
Data source/commercialization/data model
1. Data source
The original on-chain data on each public chain and Layer2;
Off-chain data and trust relationship
2. Commercialization of data
When it comes to commercialization, or how to make data generate value, the value comes from whether the data's demanded party—which might be either Party A or Party B—can be satisfied within the parameters of the business. data with a certain value. Data models, not data, are the basis of data commercialization.
3. Data structure
Create a business-oriented data model (algorithm) that satisfies the requirements, feed it the data you've collected from sources you can access, and it will generate the results you need. Data models include, for instance, user portrait analysis, data organization, etc.
Q&A
Q: What is soul-bound? What is Metavisa's growable, visualized soul-bound NFT?
A: Certain tokens can be "soul bonded" to publicly accessible, non-transferable (but potentially revocable by the issuer) tokens. The accounts are referred to as "souls," and the tokens attached to them as "soul-bound tokens."
When Metabings signs up for the Metavisa identity system, he will bring all of his prior experiences with him. He will then receive personalized, non-transferable labels, six dimensions (finance, meta, social, activity, wealth) based on prior experiences and behavior patterns, an on-chain score, and a unique NFT avatar. With the accumulation of future on-chain and off-chain activities, the avatar will continue to develop and grow, realizing full soul bond and dynamic development DID.
Q：Why DID system is critical to Web3.0 space?
A: (DID) is the hub of Web3.0 and the bottleneck of application layer development.
The wallet address is now the basis for interaction in Web3.0, but because it costs so little to create a new address, few users will commit to one. As a result, users can now delete the "identity" that an address represents at any moment. They can also generate a huge number of address "identities" for free, which causes a variety of issues.
In "Centralized Society: Searching for the Soul of Web3.0," Vitalik also made reference to this issue, saying that they think Web3.0 currently suffers from significant application-layer restrictions caused by the absence of representative "person identity and Native components of social relations." As a result, many apps are forced to replicate the restrictions of the centralized Web2 architecture that they first aimed to replace when performing crucial tasks, failing to realize a closed-loop Web3.0.
By giving users access to a soul-bound, expandable, and visually appealing identity system and by creating a diverse ecosystem of application possibilities, Metavisa is dedicated to addressing the shortage of a highly useful decentralized identity system.
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