What is a Metaverse and Why build a Metaverse?A virtual-reality space in which users can interact with a computer-generated environment and other users. The Cogito Metaverse is a digital space founded by the Principality of Cogito. It is completely independent and not based in any specific location. The Cogito Metaverse is wherever you are. By creating a Metaverse, the founders of Cogito believe that they can change the way finance is carried out around the globe.Why is the Cogito Metaverse unique?The Cogito Metaverse is unique because it is founded on a Principality and has its own structure and financial system, including its own currency… the Cog. Members of the Cogito Metaverse will have the ability to buy and sell everyday goods and services using the Cog anywhere in the world; and also to create businesses, work together and build investments for the future.How can I join the Cogito Metaverse?Currently, the Cogito Metaverse is available for people to join through the website. This gives them access to a mobile app or computer program that provides a personal ‘Cog’ account and allows a user to send and receive Cogito Cog, no different from current banking transactions. Soon, the Cogito Metaverse Stock Market will come online, and as technology allows, more and more functions will be available in the digital space.Is the Cogito Metaverse secure?Behind the scenes, the Cogito network is sharing different ledgers; some components use “blockchain” and others use Cog ALDS (agreed ledger distribution side chain). These ledgers contain every transaction, allowing a user’s computer to verify the validity of every transaction. The authenticity of every transaction is protected by digital signatures corresponding to the sending address. This allows the user to have full control over sending Cogito Cog from their own Cog address. In addition, anyone can process related transactions using the computing power of their devices and earn a tax rebate in either the Cog or fiat for this service.What is digital citizenship?Digital citizenship is a commitment to be involved in the society which is Cogito. Becoming a digital citizen gives you the right and ability to register a trust and company and thus access the safe Haven of the Principality of Cogito.Can I use Cog in everyday life?The Cog is a fiat currency and is a legal tender between Cogito digital citizens. The launch of the app allows for it to be used in everyday transactions.Can I trade Cogs?No. The Cog is not intended to be used in trading with other currencies because it is a centralized currency and cannot be transferred to another banking system. This, therefore, protects the Cog from the possibility of money laundering.
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of TheCryptoArea. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
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