The need for a better solution became more eminent as the COVID 19 pandemic brought the whole world to a standstill forcing people to stay indoors to avoid getting infected. During this period, businesses were forced to seek alternatives to protect employees while ensuring continuity of operations. Three years down the line, people are still working from home to use all available resources. According to reports, the virtual workspace and communication solutions market saw an increase of about 300% in the last year.
While most of these alternatives helped businesses stay afloat, they still lack vital proponents to help with full operations. Using the latest innovations, Web3 and metaverse, developers have found a way to allow people to continue working from the comfort of their homes while still getting the whole experience that comes from going to the office, thus introducing METAREA.
METAREA, dubbed the metaverse ecosystem for work, transforms the workspace experience by taking things to the metaverse. METAREA offers a unique solution by combining hybrid and virtual eras to better working space. METAREA is created to be the most stylishly designed Business Meeting venue in the metaverse. The all-in-one workspace offers different tools, including virtual meetings, virtual meeting rooms, customized workspace, mail servers, rentals, and cloud storage solutions.
The platform uses end-to-end encryption that ensures the security of business data and user information. The platform is also designed to offer users a subscription or promise model in addition to its ultra-low latency. What sets the project apart is that it also allows audio and video optimization based on the user connection speed.
METAREA’s vision is to make the platform more accessible and profitable for users by adopting the digital revolution. Once fully launched, METAREA will be available on the most used metaverse projects, including OVR, MANA, and SAND. Notably, the first office design is already available on the OVR. The first workspace envisions an executive tower with state-of-the-art designs and equipment, including a helicopter patch.
The official announcement reads:
“Our design team has been working very hard, and we’ve come up with the first METAREA office design! It’ll be available to use on @OVRtheReality.”
The platform has a native token, the METAREA token, used for various utilities within the METAREA ecosystem. The token will be used to pay rent, buy spaces in the METAREA project, buy meeting and virtual workspace credits, pay for a subscription and on-premise usage and buy more additional services. Currently, the METAREA is holding a pre-sale for the METAREA token allowing investors to secure their place for a much lower price. Early investors will also have access to additional benefits in the coming days.
The project has a fairly distributed token ecosystem. METAREA has a total supply of 100,000,000 tokens, of which 22.5% will be used for the pre-sale. METAREA also has a lucrative rewards system divided into three principles: reflection, marketing, and LP acquisition. Through reflection, holders will receive 4% in USDT as a reward for all their transactions. Note 4% on every transaction will be automatically added to the project’s liquidity pool.
METAREA plans to have its first DEX listing, hold its two ICOs, start its blockchain coding feature, IDO and Alpha and beta tests before a full launch in the coming days.
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