Metaverse is working to provide digital financial services through blockchain. They are a part of the very new but fast growing Blockchain-as-a-Service (BaaS) industry.
With the Metaverse platform, users are able to create their own digital identity as well create and store digital assets. Digital assets can be almost anything such as titles of ownership, tax records, receipts or just about any other form of documentation.
Metaverse is focusing on providing value for businesses as opposed to developers. This, coupled with their focus on “digital identities,” puts them in the same category as NEM. The ETP token will be used to pay for transactions on the Metaverse network.