Phala’s Metaverse & Its Web3.0 Cloud Computing

Bit.Country Team
MNet
Published in
4 min readOct 29, 2021

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EXCITING ANNOUNCEMENT

Phala and Bit.Country & Metaverse Network Announce their NEW Partnership. We believe that Phala’s endorsement along with its next-generation cloud service to the Web and beyond as well as computing power bar none will help sustain and protect the vision of Bit.Country & Metaverse Network of a decentralized, user-friendly, immersive metaverse experience.

Phala Decentralized Cloud & Phala’s Metaverse

The Bit.Country & Metaverse Network is delighted to announce its official partnership with Phala, an alma mater of the Polkadot cross-chain ecosystem, and innovative creators of the most powerful cloud computing network.

Metaverse will become the best practice of XCM based on Polkadot’s interoperability.

Phala will not only build the Phala World metaverse on Bit.Country for their community, but also work with Ray Lu’s innovative team to establish a game mode that goes beyond the metaverse as we know it.

*More to be announced in the near future.

Phala’s powerful Web3.0 computational power will provide game server and derivative services in the truly decentralized multi-metaverse.” — quote from Phala

We look forward to working with Phala and providing the best performing metaverse gaming and ultimate customer metaverse experience while everything is owned and governed by users.

Quote from Ray, CEO & Co-Founder of Bit.Country Metaverse Network — “I am excited to see the biggest metaverse developers are coming in to add value across metaverses and provide web3.0 infrastructure to ensure web3 paradigm is executed.”

Phala will bring immense computing power to Bit.Country while protecting its data layer, and allowing for privacy-protected DeFi trading positions and more.

Phala acts as a go-between, with the blockchain keeping transactions, between users and computing operations, in order, and ensuring privacy as well as security whilst allowing for massive trustless data exchanges between parties.

“Since 2019, Phala has firmly believed in the importance of Web3 computing facilities. The emergence of the metaverse has allowed us to see the infinite possibilities of the crypto world.

The next generation of operating systems will be born from platforms like Bit.Country & Metaverse Network.

About Phala

Phala Network tackles the issue of trust in the computation cloud.

This blockchain is a trustless computation platform that enables massive cloud processing without sacrificing data confidentiality. Built around TEE-based privacy technology already embedded into modern processors, Phala Network’s distributed computing cloud is versatile and confidential. By separating the consensus mechanism from computation, Phala ensures processing power is highly scalable. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud.

As a member parachain of the Polkadot cross-chain ecosystem, Phala will be able to provide computing power to other blockchain applications while protecting the data layer, enabling possibilities like privacy-protected DeFi trading positions and transaction history, co-computing DID confidential data, developing light-node cross-chain bridges, and more.

On-chain services currently being developed on Phala Network include Web3 Analytics: high-performance smart contracts from Phala enable highly concurrent mass data analytics with privacy, paving the way for an alternative to Google Analytics that inherently respects individual confidentiality.

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About Bit.Country

Bit.Country & Metaverse Network is an application framework and blockchain for user-created metaverses and games. Bit.Country enables everyone to start their own metaverse for their social groups using the 3D world, NFTs, play-to-earn & build communities to earn, and takes community engagement to a new decentralized dimension on Web3.0.

Bit.Country & Metaverse Network is disrupting the current creators’ value system built by web2.0, as traditional social platforms are harvesting the value from the community’s time, only distributing a portion of the profits to the creators while members are only being entertained, but not rewarded.

Bit.Country Pioneer Network (Application & Blockchain for Kusama), the pioneering network is the sister and canary platform for Kusama. Just as Bit.Country will serve as the de-facto metaverse portal of Polkadot, Bit.Country Pioneer will serve as the metaverse portal of Kusama.

  • Our core founding team launched three other successful global startups in tech, education, and real estate since 2013.
  • Accepted participant of Berkeley Blockchain Xcelerator (2021), Bootcamp (2021) at Creative Destructive Lab of Toronto University, and a Web3 Foundation Grant Winner. A member of the Substrate Builders Program.
  • On May 12th, 2021, Bit.Country completed the seed round capital raise of 4M USD from reputable venture capitals. Read more…
  • Our testnet has over 1600 node operators. Node operators are excited about energizing one of the biggest social experiments on web3.0.
  • On our early access waiting list, there are 60,000+ users eager to create their own metaverses for their people, and grow it into a valuable asset.
  • We designed our token distribution in a community-first approach.

Need more information about Bit.Country Metaverse Network?

Website | Twitter | Medium | LinkedIn | Facebook | Telegram | Discord | Documentation

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Bit.Country Team
MNet

The team that creates a Scaled Blockchain which is Easy & Interesting.