MetaVisa is a layer-3 middleware protocol that Metaverse uses to develop decentralized identities and build a credit system. It recently received $5 million from Spark Digital Capital and Amplio Capital.

By analyzing blockchain data, MetaVisa Protocol helps users establish and display reliable on-chain identity & credit records and makes it easier for DeFi, NFT, GameFi, DAO, and other DApps to better serve their users through our credit system; which we call the MetaVisa Protocol Credit Score (MCS).

MetaVisa Protocol aggregates and analyzes all transactions of blockchain objects on multiple networks, establishes links between them, and then uses this data to evaluate an individual’s credit score objectively and transparently.

Credit System and DID: The Importance of Credit System

The Metaverse is emerging and users will need a permanent, independent identity. The Decentralized Identities are identifiers which enable a verified, decentralized digital identification based on the self-sovereignity identity paradigm. The keys to Web 3.0’s and Metaverse goals are DID and credit system.

To facilitate analysis and evaluation, data must be collected, obtained, and organized.

It is difficult to find the correct data model for credit management and standards. These challenges are what will decide if decentralized identities can become mainstreamable.

To promote the realisation of Web3.0/the Metaverse, it is essential to have the background, objective credit evaluation, data security protection, credit information sources on chain, credit data diversification requirements, credit information source access, credit data security protection and information data security.

MetaVisa Protocol, MCS

Based on the blockchain data, using cloud computing, machine learning technologies, and model algorithms such as logic regression, decision trees, and random forests, MetaVisa Protocol conducts comprehensive processing and evaluation of data in various dimensions such as credit history, on-chain behavior preferences, address activity level, asset holdings & portfolio, and address correlation.

Users will be able to display their MCS in the MCS system with badges of honour. Higher MCS users will receive higher-ranking badges, and more privileges in receiving DApp services.

MetaVisa can perform credit ratings for digital assets like NFT. NFTs have credit scores that are determined by how often they’ve been offered for auction on MetaVisa Protocol, or any other trusted platform. NFT’s score will not depend on their price because their price is typically determined in an unreliable manner, based on the emotions and the subjective preferences of the purchaser.

Credit scores will be evaluated for wallet addresses using factors like total assets, transaction history and loan ratios. Trustworthiness in possessing assets is also taken into account.

MetaVisa NFT Claim – MetaVisa Hero

MetaVisa recently launched their first NFT series – MetaVisa Hero, with ten different roles; Archer, Barbarian, Berserker, Druggist, Knight, Master, Ninja, Priest, Rogue, and Warrior.

An infinite algorithm is used to create MetaVisa Hero. A combination of a vector graphic (SVG), image and address (wallet number information) creates an NFT. This string can then be used to generate SVG files. BASE64 encodes the code and packages it with extra coding content such as the address number and time of collection. The code is stored on the blockchain as BASE64 encryption. Anybody can access the chain’s original code information, and decode or create a vector diagram that follows a clear path.

MetaVisa NFT, which is a way to prove ownership, shows the date it was created with a time stamp, giving context and meaning to the item’s history.

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