• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • Wealth & Tech Summit, Dubai (May 8, 2026)
    • Digital Assets Forum, Abu Dhabi (May 13, 2026)
    • Digital Assets Week in USA, New York (May 13-14, 2026)
    • Online Trading Expo, Hong Kong (May 27-28, 2026)
    • Money20/20, Amsterdam (June 2-4, 2026)
    • NZCryptoCon, Auckland (June 6-7, 2026)
    • Blockchain Futurist Conference, Toronto (July 21-22, 2026)
    • Wiki Finance Expo, Hong Kong (July 23-24, 2026)
    • Digital Assets Week in London (October 6-7, 2026)
    • 5th Fintech Week & Expo, Frankfurt (October 7-8, 2026)
    • iCrypto Awards: People’s Choice, Dubai (December, 2026)
  • Past Events

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Metadatacity Co., Ltd Announces the IEO of Metaverse Hub MDC Coin

May 10, 2022 By GlobeNewswire

SEOUL, South Korea, May 09, 2022 (GLOBE NEWSWIRE) -- Jang Jin-Woo, president of Metadatacity Co., Ltd., announces the IEO of Metaverse Hub MDC Coin, the payment method for its Metaverse Hub Metadatacity (http://www.metadatacity.com/) ecosystem. The MDC Coin will be issued through mdcc365.com and other major coin exchanges with the volumn 1 billion coins and $0.08 listing price.

Jang Jin-Woo addresses that blockchain-based metaverse is a new paradigm - an evolution of the Internet. Past the era of central WEB 2.0, which has led the market so far, it is predicted that the 3D virtual space based on WEB 3.0 combined with the decentralized blockchain-based technology will dominate the era.

The biggest problem with WEB 2.0 has been pointed out by many users to the unfair market where information can be acquired or sold in return under the indirect control of a de facto large portal for the provision of security and personal information. As an alternative, the blockchain-based demand for enhanced security and strict control over the leakage of personal information is the key to a major paradigm shift beyond the trust of users (users) who are tired of providing personal information, Jang said.

In addition, the user's content needs have reached a level that is not satisfactory with web2.0-level text and video. And users are forced to prefer high-definition, 3D spaces such as 3D games, VR (virtual reality), and AR (augmented reality), which are very immersive, so the longer the stay in the virtual space increases, and the existing data is likely to become useless outside of archival materials.

The NFT market will also be 3D in content, and the NFT market, which is currently only active in the field of sound sources and works of art, will expand to all areas such as travel, culture, entertainment, and real estate entitlements. The Metadata City (MDC Coin) ecosystem will serve as a gateway to all metaverse content and data worldwide.

Mr. Jang believed that this paradigm shift was coming, and above all, it was necessary to have a data center that could effectively process high-capacity data, and accordingly, a direct data center based on IPFS was built in the Daejeon-Yuseong-gu Daejeongro 28beon-ahngil 71 Metahub Building. Mr. Jang said that Dr. Na Jung-sik (Global CTO) of Metadatacity is in charge of all the data management metaverse hubs, or gateway technology parts.

Dr. Na Jung-sik is a blockchain doctor at Victor University in the United States and is currently the president of the Association of Blockchain Coordination Associations.

Jang Jin-Woo said that one of the visions of the MDC Coin ecosystem is that within this year, a blockchain-based decentralized cryptocurrency exchange will be based in Singapore. And agents will be established around the world. On May 10, MDC Coin will also be listed on blockchain-based highly secure exchanges, including foruex.com, dbaagent.com and coredax.com.

The decentralized exchange is blockchain-based, characterized by security and low brokerage fees. And it will become a major pillar of cryptocurrency transactions around the world, which will be a decisive moment for the MDC coin ecosystem to expand the global market. And Metadatacity Co., Ltd., the organizer of the issuance of MDC coin, will grow into a mega-unicorn company representing Korea, and is establishing a direct local corporation in New York, Vancouver, Singapore and the Philippines first.

Through the Metaverse Hub, the company has a blueprint to bring Asia's culture and content to the world, and by the middle of May, it will build and finalize a community in each of Asia.

On May 16, 2022, at the Grand Ballroom in Samseong-dong, COEX, Seoul, the IEO Memorial Metaverse Hub MDC Coin Ecosystem Vision Declaration Ceremony and Celebration Event will be broadcast live around the world through the real-time YouTube 'Datacitywemarket', and 'Metadatacity' channel.

Media Contact

Brand: Metadatacity

Contact: jinwoo Jang

Email: jangjwjangjw@naver.com

Website: http://www.metadatacity.com/

Telephone: +82 2-568-7791

SOURCE: Metadatacity


Filed Under: News Feed

Primary Sidebar

Follow Us

Press Releases

Invexco introduces Core Level Trading, designed for institutional traders

May 7, 2026

Top Crypto Presale for 2026? How IPO Genie’s AI Deal Screening and $1.4M Raise Make It a Standout Private-Market Play

May 7, 2026

Best Crypto Presales Right Now: 5 Early Picks Before Exchange Debuts

May 7, 2026

IPO Genie vs Traditional Venture Investing: The Future of Tokenized Private Markets

May 6, 2026

7 Best Crypto Presales To Buy Now as ETH ETF Inflows Return and AlphaPepe Tops AI Meme Picks

May 6, 2026

Online Trading Expo

Money20/20

Blockchain Futurist Conference

Wiki Finance Expo

5th Fintech Week & Expo 2026

iCrypto Awards

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2026 Crypto Reporter