MetaPlanetary

Introducing MetaPlanetary's new NFT idea - the "unique digital identity." This NFT revolutionizes digital identity verification in the metaverse, providing users with a secure and private way to represent themselves online. By using verified personal information, users can access exclusive areas of the metaverse that require identity verification. Ownership is secured on the blockchain, and the NFT can be traded on the MetaPlanetary marketplace and other NFT markets. Join us on MetaPlanetary and explore the possibilities of NFTs and the metaverse.

The metaverse is a digital realm that encompasses various aspects of life and the environment, it will be an integral part of everyone's future. In order to preserve the values of autonomy, it is crucial to empower individuals, rather than allowing a select few corporations, to govern and control the metaverse. A decentralized approach, utilizing decentralized ledger technology (DLT), is the most viable solution for achieving this goal. This decentralized metaverse is the ultimate version that will ultimately prevail.

Digital identities will be a crucial aspect of the metaverse, providing individuals with new ways to express themselves and interact with others. In order to ensure the metaverse is decentralized, it is also necessary to decentralize the issuance, management, and use of these digital identities. To achieve this, we take a two-pronged approach. One approach is to use a "Soul Bound Token" (SBT) on a decentralized ledger (blockchain) that is linked to a specific individual's blockchain account or wallet. The other approach is to follow and participate in open standards set by organizations like the W3C Decentralized Identifier Working Group and the Decentralized Identity Foundation (DIF).

The traditional financial systems are often restrictive and the native crypto solutions may lack important compliance measures like KYC and AML. META PLANETARY strikes a balance by providing a decentralized solution for cross-border payments while still maintaining the necessary level of accountability and regulation for large-scale transactions. We utilize BNB Liquidity Hub, which has built-in support for digital assets from global crypto markets, and our platform is designed to be compatible with the Ethereum Virtual Machine, allowing for integration with legacy systems and decentralized finance smart contracts on Binance Smart Chain and Ethereum.