Partnership With Leading Chinese Platform To Build Storage In Metaverse

The metaverse is moving from virtual to reality. As we stand at the intersection of Web 2.0 and Web 3.0, the importance of decentralized storage is becoming more and more prominent.

The interaction between the metaverse world and the real world will see a large amount of unused data, and various forms of high-quality content such as 4K, 8K, VR, AR, MR, and HR will be utilized in many fields. One’s work, social interaction, dining, and shopping activities in the real world can all be performed in the metaverse world. Here we can not only have CryptoPunk as a symbolization of identity, experience the joy of Play-to-Earn through GameFi, but we can also buy a house and live a second life…

There is no doubt that the processing capacity of all kinds of content will become an important factor in attracting users, and a safe, open, and reliable distributed storage is an important infrastructure of the metaverse world.

If only rely on centralized storage, the avatar purchased with a large amount of money may become worthless when the underlying data has been tampered with; If there is a system breakdown, it will cause a significant reduction of the game experience that one should have in a large-scale multiplayer online “game” in metaverse. Therefore, decentralized distributed storage definitely has advantages in terms of data security and experience.

Existing decentralized storage products such as Filecoin and Swarm have flaws in their design. Take Filecoin as an example. Its complete storage process takes several hours, and its storage efficiency is so low that it is not practically applicable. The setting of the Filecoin token incentive mechanism forces miners to store random data on the server, which occupies storage space but does not help real smart storage.

Under such demand, Deer Network has emerged as a new generation of blockchain technology based on the digital encryption application layer constructed by PoW+NPoS consensus mechanism, decentralized storage and computing.

Deer Network addresses the high cost of centralized storage, low data security, and low operational scalability of service providers in the storage process. Relying on decentralized storage, it integrates a complete set of “one-stop” intelligent storage solutions such as data storage, intelligent processing, and publishing.

Currently, Deer Network has partnered up with Asia Television Digital Media Limited (ATV), a leading Chinese TV station in the global Chinese community to build storage in the metaverse. The ATV APP contains a large number of classic ATV programs and multiple TV channels. New technologies are accelerating iteration, and users are pursuing high-quality content that is more real-time, more immersive, accessible, and interactive.

Deer Network enables users to create content while experiencing content. The decentralized blockchain encrypted storage “Blockchain Cloud Disk” has been launched on the ATV APP.

The decentralized blockchain encrypted storage will assist the ATV APP to store and share massive amounts of information, reach out to a large number of users, and generate a high amount of content.

We are standing at the initial stage of metaverse and Web3, and now it is an opportunity to “upgrade the network to an economic centre with crypto assets, and establish a system that provides the same incentive mechanism for network owners, participants, and third-party developers.” Deer Network will continue to move forward.