Version Q

Metaverse is showing the potential of its underpinning technology in reshaping many aspects of life.

We at VersionQ partner with businesses who are willing to ride the wave of Web 3.0. Come along with us to bring a revolutionary change into your businesses.

One of the biggest drawbacks for blockchain and cryptocurrency development is the huge amounts of energy it takes and the resulting release of carbon emissions. As a result, some blockchain networks are shifting from a “proof-of-work” (POW) model to a “proof-of-stake” (POS) model. In POW, miners are incentivized to stack up hardware to solve as many hash computations as possible, which demands massive amounts of computational power and energy.In proof-of-stake, however, crypto owners can “stake” their coins. Then the blockchain protocol selects a validator who adds the new block of transaction to earn the financial reward. In POS, validators don’t need special equipment to solve the equations, thus leading to lower energy usage.While POS has not been proven to be as secure yet, it still offers a fantastic value proposition to be more environmentally friendly...... 

Metaverse opens new avenues for brands to engage consumers prioritising convenience. Global brands like Gucci, Nike and Louis Vuitton have developed their own metaverse. According to the latest PwC Global Consumer Insights Pulse Survey, 32% of VR users said they have purchased products as a result of testing them or browsing in stores via VR and 19% have used VR to purchase luxury goods.