Metadatacity Co., Ltd Announces IEO of Metaverse Hub

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SEOUL, South Korea, May 09, 2022 (GLOBE NEWSWIRE) — Jang Jin-Woo, Chairman of Metadatacity Co., Ltd., announces the IEO of Metaverse Hub MDC Coin, the payment method for his Metaverse Hub Metadatacity (http :// /www.metadatacity.com/) ecosystem. The MDC coin will be issued through mdcc365.com and other major coin exchanges with a volume of 1 billion coins and a listing price of $0.08.

Jang Jin-Woo explains that the blockchain-based metaverse is a new paradigm – an evolution of the internet. After the era of central WEB 2.0, which has dominated the market so far, it is expected that 3D virtual space based on WEB 3.0 combined with decentralized technology based on blockchain will dominate the era.

The biggest problem with WEB 2.0 has been pointed out by many users to the unfair market where information can be acquired or sold back under the indirect control of a large de facto portal for the provision of security and personal information. As an alternative, the blockchain-based demand for strong security and strict control over the leakage of personal information is key to a major paradigm shift beyond the trust of users (users) who are fed up with provide personal information, Jang said.

Moreover, the content needs of the user have reached a level which is not satisfactory with web2.0 level text and video. And users are forced to prefer high-definition 3D spaces such as 3D games, VR (virtual reality) and AR (augmented reality), which are very immersive, so the longer the stay in the virtual space increases, and the existing data is likely to become useless outside of archival records.

The NFT market will also be 3D in content, and the NFT market, which is currently only active in the field of sound sources and artworks, will expand to all fields such as travel, culture, entertainment and real estate rights. The Metadata City (MDC Coin) ecosystem will serve as a gateway to all metaverse content and data in the world.

Mr. Jang believed that this paradigm shift was coming, and most importantly, there was a need to have a data center that could handle high-capacity data efficiently, and as a result, an IPFS-based direct data center was built in the Daejeon-Yuseong-gu Daejeongro 28beon-ahngil 71 Metahub building. Mr. Jang said Dr. Na Jung-sik (Global CTO) of Metadatacity is responsible for all data management metaverse hubs, or parts of the gateway technology.

Dr. Na Jung-sik is a PhD in Blockchain from Victor University in the United States and is currently the President of the Association of Blockchain Coordination Associations.

Jang Jin-Woo said that one of the visions of the MDC Coin ecosystem is that within this year a decentralized blockchain-based cryptocurrency exchange will be based in Singapore. And agents will be established all over the world. On May 10, MDC Coin will also be listed on highly secure blockchain-based exchanges including foruex.com, dbaagent.com, and coredax.com.

The decentralized exchange is blockchain-based, characterized by security and low brokerage fees. And it will become a major pillar of cryptocurrency transactions globally, which will be a watershed moment for the MDC coin ecosystem to expand the global market. And Metadatacity Co., Ltd., the organizer of the MDC coin show, will become a mega-unicorn corporation representing Korea, and first establish a direct local corporation in New York, Vancouver, Singapore, and the Philippines.

Through the Metaverse Hub, the company has a plan to bring Asia’s culture and content to the world, and by mid-May, it will build and finalize a community in each Asia.

On May 16, 2022, at the Grand Ballroom in Samseong-dong, COEX, Seoul, the IEO Memorial Center MDC Coin Ecosystem Vision Declaration and Celebration Ceremony will be broadcast live worldwide via the Real-time YouTube “Datacitywemarket”, and the “Metadata” channel.

Media Contact

Brand: Metadatacity

Email: [email protected]

Website: http://www.metadatacity.com/

Phone: +82 2-568-7791

THE SOURCE: Metadatacity

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