Blockchain & DigiVerse

Blockchain technology is crucial as the backbone of the digiverse in other to create a decentralized and open environment that a single entity doesn’t own. The digiverse will be a multi-layered environment, and several technologies will be used. Blockchain technology helps address areas like digital proof of ownership, collectability of digital assets (like NFTs), governance, transfer of value through the DIGI token as well as interoperability with other decentralized metaverses.

The idea behind the digiverse is to offer a variety of interconnected 3D virtual places that users may access utilizing various technologies. Users will use DIGI cryptocurrency as a trustworthy currency to fuel their actions within the digiverse as they spend more time in this virtual worlds, travel across virtual spaces, own digital identities and assets, and engage in social as well as gaming activities.

The blockchain will provide a decentralized data transmission infrastructure for permanent, real-time connections through a high bandwidth decentralized network of computers that hosts the digiverse beyond the authority of a single organization or any centralized entity.

Being built on the blockchain and smart contracts will enable censorship-proof, permissionless, and transparent transactions as DIGI cryptocurrency will be used as a gateways to facilitate cryptocurrency and fiat money trades and payments.

In addition, the digiverse will be governed through a decentralized autonomous organization which provides a mechanism for digivarians to participate in shaping the future of the digital universe through decentralized governance.