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What Exactly is Torqueverse?


A Torqueverse is a network of 3D virtual worlds focused on social connection. In futurism and science fiction, it is often described as a hypothetical iteration of the Internet as a single, universal virtual world that is facilitated by the use of virtual and augmented reality headsets.

WHY TORQUEVERSE?

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INTEROPERABILITY

Allowing anyone to build smart contracts and deploy them to the Metaverse chain, using tools like MetaMask, Remix, and Truffle. Smart contracts will be compatible through the provided support for Solidity as well as for anything that compiles to EVM bytecode.

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SECURITY

Proof of Work (POW) to dictate block authoring and Grandpa finality. There is no voting or validating committee through Proof of Stake (POS) as the entire network will validate each block. Thus, the system will not only be able to mitigate 51 % attack, but also provide a uniform distribution of mining reward to the stakeholders and investors.

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SCALABILITY

Torqueverse utilizes the Substrate modular framework for higher scalability, long term expansion and support to connect decentralized applications, services and allow other independent blockchains to connect, exchange information and transactions at a lower cost.

ACTIVATING THE TORQUEVERSE

Digital assets or Smart Tokens on the TorqueVerse virtual platform are trust-free, traceable and decentralized smart properties that can be freely registered, transferred, issued, deposited, used as collateral or burnt.
Self-sovereign identity ledgers on the TorqueVerse blockchain via the KILT protocol. Ability to securely manage personal data and credentials, which can be anonymously shared to third parties. Decentralized and independent digital identities in Web 3.0 initiative.
MIT are a set of token standards that involve the transfer, ownership, and information about a non-fungible item like artwork or baseball cards. They allow anyone to register assets from off-chain and are globally unique with an identifiable ID.