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Home Metaverse

How LunaOne is Challenging The Metaverse Game – Alphabet, Meta Platforms

by Meta Games News
21/10/2022
in Metaverse
Reading Time: 3 mins read
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Meta Platforms Inc. META Mark Zuckerberg, the CEO of Facebook once described the metaverse in his own words as a virtual place that one can visit instead of looking at a screen.

Companies such as Meta Platforms have grown in recent years. Microsoft Corp. MSFT?, and Alphabet Inc. GOOG The 3D world has been developed by billions of people who have invested millions in it. It allows them to virtually connect, play and shop, as well as study, and even attend events. The Web2 ​paradigm remains unfriendly to consumers, builders, and developers, with Meta fees as high as 47.5% for selling items in its Metaverse.

LunaOne, a unique company dedicated to creating a metaverse that stands out, is joining Alphabet Inc. and Meta Platforms in their innovation efforts around the metaverse.

LunaOne is working to pioneer a hyper-realistic metaverse that provides a hub for people’s digital selves to live, work and play in a decentralized society. LunaOne is an open world concept where anyone can shop, play and learn virtual events.

From the company’s start, LunaOne leadership has been committed to making the experiences in its metaverse as close to real life as possible. LunaOne-Chain, a proprietary intellectual asset, was developed to ensure proper functionality. It has over 400,000 transactions every second and uses directed, acyclic graphs for scalable and fast blockchain.

LunaOne claims that its metaverse is very secure. LunaOne has a decentralized file storage that allows metaverse members connect to each other and stores data, then distributes it among all LunaOne members.

The LunaOne platform allows users to participate in the metaverse marketplace. LunaOne’s metaverse economy is based on a currency called XLN. To date, the company has distributed approximately $25 million worth XLN tokens among its 45,000 registered users. In LunaOne’s metaverse, participants can buy, sell and build on the virtual property and use tokens to make proposals that directly impact the governance and development of the metaverse itself.

While LunaOne claims to have put together an exciting and decentralized metaverse, the company’s leadership is also extremely excited about the team it put together to continue improving it.

LunaOne is thrilled to be the principal partner of the Metaverse Standards Forum. LunaOne has a great staff and is highly skilled. LunaOne will be the main partner and assist with funding projects and overseeing the forum. LunaOne may be able to assist in the creation of standardization which will ultimately lead to an open and inclusive metaverse.

LunaOne believes it can be a thought leader as the metaverse develops, and will provide access to the masses.

Lunaone.com is a great place to learn more.

This post contains sponsored content. This content is only for informational purposes and is not meant as investment advice.

Mediamodifier’s featured photo on Unsplash

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Tags: AlphabetChallengingGameLunaOneMetaMetaverseNASDAQGOOGNASDAQMETAPlatforms
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