What does the Metaverse Index (MVI) Track?
The MVI index tracks the performance of the most popular and influential projects in the metaverse and is meant to provide an objective measure of how the metaverse is growing.
- MVI is a group of tokens designed to capture the trend of entertainment, sports, and business shifting to a virtual environment. The index is represented by an ERC20 token.
- The MVI uses a combination of the square root of market cap and DEX liquidity to arrive at the final index weights. The token must be available on the Ethereum blockchain.
MVI tracks the performance and market growth of the following:
- Entertainment.
- Arts.
- Sports.
- Businesses in the Virtual World such as Virtual Reality (VR), Augmented Reality (AR), and Non-Fungible Tokens (NFTs).
What is the Metaverse Index ?
The Metaverse Index (MVI) is designed to capture the trend of social activity, entertainment powered by NFTs and blockchain technology. It uses a combination of the square root of market cap and DEX liquidity to arrive at the final index weights. The article focuses on discussing Metaverse Index in detail.
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