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About MVI

Metaverse Index is an index launched by Index Coop. Metaverse Index, by Index Coop, is a basket of tokens designed to capture the trend of entertainment, sports and business shifting to a virtual environment. The index is represented by an ERC20 token.The MVI uses a combination of square root of market cap and liquidity weighting to arrive at the final index weights. We believe that liquidity is an important consideration. The space overall is rather nascent still and shallow liquidity complicates on-chain rebalancing and portfolio allocation. The final index weights are calculated using the following formula: TW = 75%RMCW + 25%LW where, TW – token weight in the $MVI RMCW – square root of market cap weighted allocation LW – liquidity weighted allocation

Metaverse Index (MVI) is a cryptocurrency launched in 2021. MVI has a current supply of 39,602.23 with 0 in circulation. The last known price of MVI is 23.44 USD and is -0.088403077333 over the last 24 hours. It is currently trading on active market(s) with $244.36 traded over the last 24 hours. More information can be found at https://www.tokensets.com/v2/set/0x72e364F2ABdC788b7E918bc238B21f109Cd634D7.

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MVI Price Statistics
MVI’s Price Today
24h Price Change
-$0.0884030773330.38%
24h Volume
$244.360.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#9688
MVI Market Cap
Market Cap
$0
Fully Diluted Market Cap
$928,180.98
MVI Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
MVI Supply
Circulating Supply
0
Total Supply
39,602.23
Max Supply
39,602.23
Updated Oct 09, 2024 6:23 am
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MVI
Metaverse Index
$23.44
$0.088403077333(-0.38%)
Mkt Cap $0
There's nothing here for now
Palau Launches Blockchain-Based Savings Bonds System
Palau Launches Blockchain-Based Savings Bonds System
According to Cointelegraph, the government of Palau has introduced Palau Invest, a blockchain-based savings bonds prototype system. Following the completion of the prototype, a public demonstration system has also been initiated. The project is supported by Japan’s Ministry of Economy, Trade and Industry and the Soramitsu blockchain, aiming to fund the country’s infrastructure projects. The Finance Ministry is tasked with finalizing bond issuance criteria and obtaining government approval. Approximately 18,000 Palau citizens will be able to purchase the bonds through an app on their phones. At the launch ceremony, President of Palau Surangel Whipps Jr. stated that the savings bonds initiative will enable the funding of key projects such as housing, SME development, roads, and other essential services with domestically sourced capital. These projects are critical to infrastructure and generate spillover effects. The bond project was initially announced in July, with hopes for a full launch in 2025. Palau, consisting of 340 islands in the South Pacific, uses the United States dollar as its currency and previously had no bond platform. The Palau bond will operate on the public, permissioned Hyperledger Iroha 2 blockchain on the Sora v3 Hub Chain platform. Soramitsu developed Iroha and contributed it to the Linux Foundation Hyperledger Project, continuing to provide technical and business support for the blockchain. The Polkaswap decentralized exchange operates on the Sora blockchain. Soramitsu is also involved in Cambodia’s Bakong currency, Laos’s DLak central bank digital currency (CBDC) proof-of-concept, and the Solomon Islands’ Bokolo Cash CBDC proof-of-concept. The DLak was modeled on the Bakong. Palau has had a joint project with Ripple to launch a US dollar-pegged stablecoin since 2021. After the first phase of the project was declared a success at the end of 2022, it progressed to its second phase a year later. Additionally, Palau and Cryptic Labs developed the Root Name System (RNS), the basis for the country’s digital residency program, early in 2022. The RNS provides blockchain-based ID with Know Your Customer verification as a non-fungible token, and the program launched on the BNB Chain in June 2022.
Oct 09, 2024 5:43 am

Frequently Asked Questions

  • What is the all-time high price of Metaverse Index (MVI)?

    The all-time high of MVI was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Metaverse Index (MVI) is 0. The current price of MVI is down 0% from its all-time high.

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  • How much Metaverse Index (MVI) is there in circulation?

    As of , there is currently 0 MVI in circulation. MVI has a maximum supply of 39,602.23.

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  • What is the market cap of Metaverse Index (MVI)?

    The current market cap of MVI is 0. It is calculated by multiplying the current supply of MVI by its real-time market price of 23.44.

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  • What is the all-time low price of Metaverse Index (MVI)?

    The all-time low of MVI was 0 , from which the coin is now up 0%. The all-time low price of Metaverse Index (MVI) is 0. The current price of MVI is up 0% from its all-time low.

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  • Is Metaverse Index (MVI) a good investment?

    Metaverse Index (MVI) has a market capitalization of $0 and is ranked #9688 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Metaverse Index (MVI) price trends and patterns to find the best time to purchase MVI.

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