IMPORTANT
Dear EUME holders,
We remind you that the European Commission and the European Parliament officially introduced the EU Metaverse project. That is the project in which EUME token will be used. Attached are official EU documents in pdf format.
We also present the main law for European cryptocurrencies, from July 2024, which states that the application is valid only for stable tokens, which is not the case with the EUME token, and the application of EUME token is postponedgoes until January 2025. You can independently check all the statements on the Internet.
The Markets in Crypto-Assets (MiCA) regulation is a significant legislative framework aimed at regulating the cryptocurrency market within the European Union. It was officially approved by the European Parliament on April 20, 2023, and by the European Council on May 16, 2023. The regulation is designed to create a unified approach to crypto-asset regulation across all EU member states, providing legal certainty for crypto-assets not covered by existing EU financial services legislation.
Key Dates and Implementation Timeline:
– Entry into Force The MiCA regulation officially entered into force on June 29, 2023. However, this does not mean that it was immediately applicable.
– Application Timeline:
– For stablecoins, the MiCA rules will apply from July 2024.
– For other crypto-assets (including EUME token) and service providers, the regulation will start applying from January 2025.
Implications for EU Crypto-Assets:
– Listing on Exchanges: Crypto-assets that comply with MiCA regulations will be able to be listed on exchanges across the EU after January 2025. This will provide greater market access and enhance investor protection across member states.
– Use within EU Countries: Once MiCA is fully implemented, crypto-assets that meet the regulatory requirements can be freely used and traded across the EU. This will facilitate the growth of the crypto market
within the EU and provide a clearer legal framework for businesses and consumers.
In summary, while the MiCA regulation is already in force, its full application will be phased in, with the majority of its provisions becoming mandatory by January 2025. This means that compliant European crypto-assets should be able to be listed on exchanges and used across the EU starting from January 2025.
Investment Fund for EU Metaverse and Development Team
State 0f the Union – letter of intent
Metaverse opportunities, risks and policy implications
Metaverse – virtual world, real challenges
MORE INFO ABOUT EUME TOKEN
EUME token is an innovative payment network and a new kind of Metaverse money. Create, Trade, Live and Play in the blockchain-based NFT Metaverse owned by EU Metaverse members. Please check our White Paper to find out more about token usage, project, blockchain and NFT inovations.
Meet our solutions for you
Every day our development team prepares various solutions for the needs of our EU Metaverse members. The virtual revolution has begun. Get involved.
EU Metaverse is a top and authentic VR project of the European Union. The focus will be on
economics, tourism, art, banking, education, health and entertainment. Gambling in the initial
phase will not be included in our Metaverse system. EU Metaverse will be the largest and most
original Virtual Reality and Open Reality world and will become part of the Facebook Metaverse
system.
NFT collection of 27 presidents and monarchs, 3D models ready to entry into the EU
Metaverse. Each NFT is the work of great 3D modeler and expert Roger Magrini. Unique,
strong and original. Presidents and monarchs invites you to entry the EU VR Metaverse. There is
no similar collection on any NFT platform worldwide. Get yourself a 3D model of your president.
You will be able to use 3D avatar in the future Metaverse
For the start, we have enabled changes from BTC and ETH currency. EUME token will soon appear on crypto exchanges and then you’ll be able to convert any currency into EUME token.
Please install MetaMask wallet. When you finish installation, please go to Add EUME token to MetaMask, and you are ready to live in EU Metaverse. Here you can watch: BUY EUME TOKEN TUTORIAL VIDEO.
Within our team there are people in charge of planning development, marketing, investment and VR software ideas. From 2020 we do not stop.
EU Metaverse VR Network is an ultimate blockchain-based NFT metaverse platform. EU Metaverse VR Network establishes a cutting-edge metaverse ecosystem, by utilizing its own VR technology, that helps to lower the entry barriers for all types of users across the globe. Therefore, it allows designers, enterprises and general users to dive into the most advanced metaverse experience.
The ownership of content and item copyrights, created and used in EU Metaverse VR Network ecosystem is protected by the utilization of smart contract protocols. EU Metaverse VR Network allows anyone to become a content developer inside of its metaverse, thereby allowing them to monetize their creations freely settling the profits through the smart contracts. On top of that, consumers can rent or purchase the piece of any content permanently for EUME tokens. The EU Metaverse VR Network uses blockchain (EUME tokens) mainly to protect the ownership copyrights related to content creation for the sound creation of a market ecosystem related to virtual reality while encouraging content producers to produce more vibrant content, leading to a virtuous cycle throughout the entire metaverse industry.
While developing our mobile wallets (you have here a snapshot of the wallet being tested), you will need to install MetaMask wallet to be able to receive your tokens. When you finish MetaMask installation, please go to page Add EUME token to MetaMask and you are ready to live in EU Metaverse VR world. Also, during ICO sale phase, you can use our web app platform to purchase EUME tokens. Tokens will be transferred to your MetaMask wallet address.
Preparation of Smartcontract and ERC-20 Blockchain.
What is cryptocurrency?
The best cryptocurrency to buy is one we are willing to hold onto even if it goes down. For example, I believe in Steem enough that I am willing to hold it even if it goes down 99% and would start buying more of it if the price dropped.
How about day trading crypto?
While profits are possible trading cryptocurrencies, so are losses. My first year involved me spending hundreds of hours trading Bitcoin with a result of losing over $5,000 with nothing to show for it. Simply trading digital currencies is very similar to gambling because no one really knows what is going to happen next although anyone can guess! While I was lucky to do nothing expect lose money when I started, the worst thing that can happen is to get lucky right away and get a big ego about what an amazing cryptocurrency trader we are.
Which cryptocurrency is best to buy today?
The best cryptocurrency to buy is one we are willing to hold onto even if it goes down. For example, I believe in Steem enough that I am willing to hold it even if it goes down 99% and would start buying more of it if the price dropped.
How about day trading crypto?
While profits are possible trading cryptocurrencies, so are losses. My first year involved me spending hundreds of hours trading Bitcoin with a result of losing over $5,000 with nothing to show for it. Simply trading digital currencies is very similar to gambling because no one really knows what is going to happen next although anyone can guess! While I was lucky to do nothing expect lose money when I started, the worst thing that can happen is to get lucky right away and get a big ego about what an amazing cryptocurrency trader we are.
When to sell a cryptocurrency?
Before Steem I was all in an another altcoin and really excited about it. When I first bought the price was low and made payments to me every week just for holding it. As I tried to participate in the community over the next several months, I was consistently met with a mix of excitement and hostility. When I began talking openly about this, the negative emotions won over in the community and in me. Originally I had invested and been happy to hold no matter what the price which quickly went up after I bought it.
How does one acquire bitcoins?
While it may be possible to find individuals who wish to sell bitcoins in exchange for a credit card or PayPal payment, most exchanges do not allow funding via these payment methods. This is due to cases where someone buys bitcoins with PayPal, and then reverses their half of the transaction. This is commonly referred to as a chargeback.
Can I make money with Bitcoin?
You should never expect to get rich with Bitcoin or any emerging technology. It is always important to be wary of anything that sounds too good to be true or disobeys basic economic rules.
What happens when bitcoins are lost?
When a user loses his wallet, it has the effect of removing money out of circulation. Lost bitcoins still remain in the block chain just like any other bitcoins. However, lost bitcoins remain dormant forever because there is no way for anybody to find the private key(s) that would allow them to be spent again. Because of the law of supply and demand, when fewer bitcoins are available, the ones that are left will be in higher demand and increase in value to compensate.
Who controls the Bitcoin network?
Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can’t force a change in the Bitcoin protocol because all users are free to choose what software and version they use.
How are bitcoins created?
New bitcoins are generated by a competitive and decentralized process called “mining”. This process involves that individuals are rewarded by the network for their services. Bitcoin miners are processing transactions and securing the network using specialized hardware and are collecting new bitcoins in exchange.
Why do bitcoins have value?
Bitcoins have value because they are useful as a form of money. Bitcoin has the characteristics of money (durability, portability, fungibility, scarcity, divisibility, and recognizability) based on the properties of mathematics rather than relying on physical properties (like gold and silver) or trust in central authorities (like fiat currencies). In short, Bitcoin is backed by mathematics.
What determines bitcoin’s price?
The price of a bitcoin is determined by supply and demand. When demand for bitcoins increases, the price increases, and when demand falls, the price falls. There is only a limited number of bitcoins in circulation and new bitcoins are created at a predictable and decreasing rate
Can bitcoins become worthless?
Yes. History is littered with currencies that failed and are no longer used, such as the German Mark during the Weimar Republic and, more recently, the Zimbabwean dollar.
How does one acquire bitcoins?
While it may be possible to find individuals who wish to sell bitcoins in exchange for a credit card or PayPal payment, most exchanges do not allow funding via these payment methods. This is due to cases where someone buys bitcoins with PayPal, and then reverses their half of the transaction. This is commonly referred to as a chargeback.
Can I make money with Bitcoin?
You should never expect to get rich with Bitcoin or any emerging technology. It is always important to be wary of anything that sounds too good to be true or disobeys basic economic rules.
What happens when bitcoins are lost?
When a user loses his wallet, it has the effect of removing money out of circulation. Lost bitcoins still remain in the block chain just like any other bitcoins. However, lost bitcoins remain dormant forever because there is no way for anybody to find the private key(s) that would allow them to be spent again. Because of the law of supply and demand, when fewer bitcoins are available, the ones that are left will be in higher demand and increase in value to compensate.
Who controls the Bitcoin network?
Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can’t force a change in the Bitcoin protocol because all users are free to choose what software and version they use.
