CRYPTO NEWS & DATA SPACE

CRYPTO NEWS & DATA SPACE

Metacity Partners with Filecoin

Published on:

Metacity partners with Filecoin to develop new solutions in the open metaverse and other fields of common interest.

The collaboration will see the support of Filecoin for Metacity in decentralizing client data in the open metaverse. In addition, Filecoin is the leader in decentralized storage networks and provides a foundation to store humanity’s most important information. Therefore, Filecoin provides an alternative to an essential web service: making information and data perpetual, but in a decentralized way. Moreover, the cost of data storage is far lower than centralized enterprises today.

About Cloud Rendering Technology developed by House3D

Cloud Rendering Technology was developed by House3D for 5 years, and has been used to render millions of design renders per year, resulting in thousands of design concepts every day.

Also, its software is used by thousands of designers, both amateurs and professionals, and is officially used as a training tool in several Vietnamese architecture universities.

Collaboration Benefits

Metacity is planning to expand the rendering infrastructure around the globe. Anyone who has a powerful enough GPU can be rendering-service-provider (RSP). Firstly, Metacity will use Filecoin technology to eliminate the limits of storage and networking connections. Secondly, the collaboration enables Metacity’s users to store their data on a decentralized network with cost savings. Finally, Metacity will have a chance to carry out P2P Decentralized Rendering that enables any user device to be an RSP using our Proof-of-Rendering mainnet.

Metacity partners with Filecoin to Metacity aims to unlock benefits for users regarding decentralized data storage.

About Filecoin

Filecoin, the world’s largest decentralized network, allows users to store, request, and transfer data via a verifiable marketplace. Also, Filecoin is completely open-source, enabling people from all over the world to participate. In addition, Filecoin protocol runs on an advanced and novel proof system — a combination of Proof of Spacetime (PoSt) and Proof of Replication (PoRep), to provide unmatched efficiency and reliability.

Filecoin’s advanced technology provides a robust foundation to store the world’s most valuable data sets. An alternative to costly cloud storage, the Filecoin network offers efficiently priced and geographically decentralized storage, minimizing financial barriers and allowing users to take advantage of its unmatched network capabilities.

Website | Twitter

About Metacity

Metacity aims to be the first Build2Earn Citiverse ecosystem, powered by House3D and Icetea Labs.

It is a striking 3D city simulated metaverse developed as a co-creation platform that allows everyone to create their dream living space in exciting Build2Earn and Design2Earn gameplay, enjoy free time with Citiverse games, as well as immerse in spectacular 3D/VR experiences with friends.

Website | Twitter

SOURCE:

https://medium.com/metacity-official/metacity-partners-with-filecoin-f5402220071a

Related

Market Stats:
BTC Dominance: 42.67%(+0.01%/24h)
ETH Dominance: 15.38%(-0.02%/24h)
Defi Market Cap: $37.47B(+7.52%/24h)
Total Market Cap: $947.38B(-0.67%/24h)
Total Trading Volume 24h: $58.02B(-14.38%/24h)
ETH Market Cap: $145.76B
Defi to ETH Ratio: 25.7%
Defi Dominance: 3.78%
Altcoin Market Cap: $543.15B
Altcoin Volume 24h: $35.82B
Total Cryptocurrencies: 19999
Active Cryptocurrencies: 9946
Active Market Pairs: 58880
Active Exchanges: 523
Total Exchanges: 1683