The Ukrainian Centralized Exchange (CEX) Releasing Its Metaverse and QMALL roadmap with its ideological belief in global expansion
Crypto, Metaverse & Ecosystem
Cryptocurrency and its accessibility have been a question that has been answered with the inclination of several elements and entities within the digital ecosystem. To make the use of cryptocurrency common across people of the world and industries as a whole, the adoption of centralized exchanges came into being. This, however, has not been the only use case that the centralized exchanges have presented to the digital community. The concept of CEXs is essentially transitioning from being an intermediary between a buyer and seller to a system that provides consumer security and introduces users to the newer concepts of the Metaverse.
The Idea of The Metaverse
Observing this change in the digital ecosystem through the Centralized Exchanges, it has been lately observed that a brand created by an international group of companies headquartered in Ukraine is currently observing to launch its own brand of Metaverse for the users. Embedding CEXs with Metaverse is the next step to connecting digital transactional facilities with the decentralized innovations across Web3, including Metaverses. QMALL, launching in the digital ecosystem as a competitor of the Asian exchanges, has covered more than 150,000 users within three months of launch. With quite an impressive transition across the digital space amidst the collateral damage caused by the war within the region, QMALL is expecting to launch its Metaverse by the end of the year 2022. It believes in becoming the first Metaverse exchange of the digital space, which is quite the thing to commend in the current dynamics.
Diving into the Global Market
Talking about the progress brought up by this exchange in the local market, QMALLexchange has proven its value by enhancing digital transactions and the process of payments. The company is currently working on its regulation to make a consistent development across their project vision, which would essentially direct to the metaverse conceptions. As they have achieved a hand of progress in the European zone, the project is working to build a regulatory system that can help them achieve status within the governmental sector. This is essential for the project and driving the complete digital space in the direction of wide scalability across governmental sectors.
Why Is The Project Promising To Bring Change In The Metaverse?
A lot is believed to be changed within the QMALL roadmap with its ideological belief in global expansion. As it tends to embed itself in the European digital market, the project intends to bring the world Europe’s largest launchpad, as it shall help new players get into the digital market. This, however, will be associated conclusively with the idea of providing the world with a Metaverse exchange. Although the project had just been launched six months earlier in the digital space, its successful inclusion of 150,000 users and three successful rounds of token sale has made it a promising project in the developing industry. There is still a lot to go across, but QMALL believes in achieving it in the set requirements, which would be a plus point for the Metaverse and the market it represents.