A Deep Dive into MetisDAO Foundation’s EcoNodes
Introduction
The MetisDAO Foundation is a non-profit organization that is building a hub for the Web3 community and giving everyone an equal opportunity to receive education, create a startup, and get it funded. The Foundation is making significant progress in the blockchain space with its innovative EcoNodes.
EcoNodes are separate business entities that contribute to the overall Metis ecosystem and serve as the building blocks of its future growth. Each EcoNode has its own unique role and contribution.
This article provides a comprehensive review of five key EcoNodes: Metis L2, ZKM, NuvoSphere, P1X, and Koris.
Metis L2
Metis L2 is an Ethereum scaling tech infrastructure designed for the burgeoning web3 economy. As an EVM equivalence network, it is fast, low-cost, and highly secure, inheriting Ethereum’s decentralized security. It enhances both transaction speed and throughput without compromising Ethereum’s leading decentralization and security.
Metis L2 is solving the blockchain trilemma, which has forced trade-offs between the three desirable properties of a blockchain: decentralization, security, and scalability. For Ethereum to achieve the highest levels of decentralization and security, the trade-off has been scalability. But Metis L2 is changing this.
The platform is permissionless, meaning the Metis protocol, infrastructure, ecosystem, and community are open and available to anyone to participate. It’s also frictionless, making blockchain accessible, affordable, and adaptable. This means nothing will stand in your way to achieve the vision you have for your blockchain project.
Metis L2 offers a range of advantages including a secure network, scalable infrastructure, simple integration, affordable on-chain storage, fast transactions, and low gas fees. It’s boundless, allowing you to build, launch, and grow your project without borders or limitations.
ZKM
ZKM is an open-source zkVM using MIPS architecture that aims to transform Ethereum into a global settlement layer. It enables Layer 2 Optimistic Rollups to become Hybrid Rollups with near-instant withdrawals and allows Layer 1 networks to securely connect to the Ethereum ecosystem. ZKM is revolutionizing the world of MIPS with always-on ZKP capabilities for L2 networks, Alt-L1 networks, and a diverse range of Web3 applications.
ZKM is revolutionizing the world of MIPS with always-on ZKP capabilities for L2 networks, Alt-L1 networks, and a diverse range of Web3 applications. This makes ZKM a valuable tool for a variety of use cases, namely;
- Revolutionising Online Transactions
- Securing IoT and VR Communication
- Fostering Trust in Decentralised Cloud Computing
- Balancing Machine Learning with Privacy and More
ZKM is still in the works and it will be first deployed on Metis.
NuvoSphere
NuvoSphere is a privacy-first decentralized credentialing and identity framework with an extensible reputation-powered ecosystem. It empowers users to own their reputation, thereby enhancing the overall security and privacy of the Metis ecosystem.
NuvoSphere is designed to empower users by giving them control over their own reputation. This is a significant shift from traditional systems where reputation is often controlled by centralized entities. By decentralizing reputation power, NuvoSphere is helping to create a more equitable and transparent digital world.
In addition to its focus on reputation, NuvoSphere also emphasizes privacy. In the digital age, privacy is increasingly important, and NuvoSphere’s privacy-first approach ensures that users’ personal information is protected.
NuvoSphere’s extensible reputation-powered ecosystem allows for a wide range of applications. This flexibility makes it a valuable tool for a variety of use cases, from community engagement to e-ticketing platforms.
P1X
P1X is an EcoNode of the MetisDAO Foundation founded by the early investors of Metis. P1X is in charge of the Metis Asian community, marketing, incubation, and investment. This shows a commitment to fostering collaboration and innovation in the Asia Pacific region through decentralized solutions.
P1X plays a crucial role in expanding the reach of Metis in the Asian market and nurturing new projects within the ecosystem. By offering a range of services, P1X contributes to the overall growth and development of the Metis ecosystem.
Koris
In today’s digital landscape, content creators often face challenges when it comes to getting paid promptly and efficiently for their work. Enter Koris, a game-changing marketing platform that’s here to transform the payment experience for content creators.
Streamlining Payments:
Koris leverages cutting-edge payment streaming technology to simplify the payment process. With Koris, content creators can say goodbye to the hassles of traditional payment methods, such as manual transfers and paper checks that can take weeks to arrive.
Inclusive Earnings:
Unlike other platforms that limit earnings to top-tier performers, Koris welcomes all content creators. You can submit your content and start earning instantly, regardless of your follower count.
Continuous Income:
Koris provides content creators with a continuous stream of income in real time. Say farewell to unpredictable payment schedules and hello to financial stability, as you’re rewarded for the value you provide.
Reduced Overhead:
By eliminating intermediaries like banks, Koris ensures that content creators retain a larger share of their earnings. You get paid directly, without third-party fees or commissions.
Global Accessibility:
Koris’ automated payment system enables creators to receive payments from anywhere in the world, without worrying about complex cross-border transactions or high fees.
Elevating the Creator Experience:
Koris empowers content creators by simplifying payments, reducing friction, and providing fair compensation for their work. It’s a platform that understands the needs of today’s digital content landscape.
Join Koris and experience a new era of content creation, where payments are streamlined, fair, and designed to help you succeed. Say hello to hassle-free earnings and a more rewarding creative journey.
Conclusion
Each EcoNode within the MetisDAO Foundation plays a unique role, contributing to its overall growth and development. They offer a range of services and solutions, from enhancing blockchain security and performance to fostering innovation and collaboration in various regions. Each EcoNode is committed to the vision of MetisDAO Foundation, working towards a decentralized web and a more sustainable infrastructure for web3 businesses.
To learn more about these eco nodes, you can visit their websites using the links below;
