INTERVERSE Components

INTERVERSE is an internet-based, value-exchange domain that allows users to participate via a device that is integrated into a wallet application for managing INTERCURRENCY installed on it. Users can provide and acquire “value” (information, goods, and services that are useful to someone, regardless of location and time) at any time, anywhere, or with anyone using devices that can be connected to the internet (e.g., smartphones, tablets, PCs, TVs, gaming machines, VRs, or wearable terminals, etc.). This is possible regardless of fee requirements.

<Feature>

• Users are provided with INTERCURRENCY wallets
• Users can exchange value with other users for a fee or free of charge
• Payment means are limited to INTERCURRENCY
• It is not dispersed from country to country and is provided within the same scope as the internet
• INTERCURRENCY equivalent to the economic value contained in the value provided free of charge is issued and granted to the user
• The economic value of Value, which is provided and acquired free of charge across countries with different purchasing powers, is properly quantified by patent algorithms and is properly issued and granted to each user in each country.
• Buying and selling information, goods or services can be done through INTERCURRENCY, and stress-free across countries with different purchasing powers
• By consuming INTERCURRENCY, big data can be acquired with limited coverage (e.g., city, country, etc.)
• By consuming INTERCURRENCY, advertising can be restricted to specific targets (e.g. regions and attributes).

Uniqueness of the INTERVERSE

In the past, there was no ICT platform for the circulation of a unique currency that existed independently. The INTERVERSE requires the presence of INTERCURRENCY as its constituent elements. That is to say, only those of us who have patents for the basic algorithms needed to generate INTERCURRENCY can provide the INTERVERSE as a global cyber economic bloc, and at the same time, the emergence of such ICT-platforms is the first of its kind in human history.

The idea of the INTERVERSE is a completely new and unprecedented notion. A number of patents have been acquired for the basic algorithms that form the core of these components. In addition, there is a researchers network that continues to innovate the design. These will dramatically improve the potential of the MAXELE Project.

What is the INTERVERSE?

The explanation of the INTERVERSE is extended below.

<Overview>

Fintech ICT platform for public interest

The INTERVERSE is a market-based networked platform for participants that focuses on “information circulation” or value exchange activities, which are the basic elements that shape society.

The INTERVERSE is a global cyber-economic bloc that combines MAXELE’s three patented technologies to optimize the interconnections of platform-based participants and even allow for fee-less transactions.

INTERCURRENCY’s ICO project is a social project in which participants, and by extension, human beings, can commercialize an ICO project aimed at correcting the inefficiencies in energy-consumption activity. Providing the INTERVERSE to the public can solve the problems we face while engaged in such activity today.

<Configuration>

Platform that goes beyond conventional platforms

Conventional services include the B (Platform itself) to B (C) to B (C) to B (C) type ICT platform provided by the Platform (basic patterns such as those found on Amazon, Yahoo, Alibaba, Facebook, YouTube, Instagram, Line, Twitter, etc.). MAXELE is the world’s first internet-based, four-party ICT platform of the M (MAXELE itself) to B (or C) to B (or C) to B (or C) type using three patented technologies. This means that the ICT platform will go beyond the typical ICT platform and evolve into an economic activity domain, the foundation of the social infrastructure we operate in. There is also a place on the internet where people who send information, get information, pay for costs and benefit, provide value and earn income, etc., effectively forming connections across time and space. In other words, the INTERVERSE is an internet-based, global economic activity infrastructure that can handle any kind of material that can be converted into data.

MAXELE provides a four-party ICT platform, including MAXELE itself, globally and locally through a patented inventive algorithm that supplies two currencies integrally to the cyber domain (INTERVERSE) and physical domain (the real world). This allows users to have much greater contact opportunities than conventional tripartite ICT platforms. In other words, the INTERVERSE is a platform that enables you to virtually configure a complex transaction similar to real-world interaction opportunities.

<Cost>

Fair system of charging (collecting taxes) without burden

In ICT platforms, including INTERVERSE and INTERCURRENCY, INTERCURRENCY as a second value exchange medium is collected as taxes automatically from users who earn INTERCURRENCY as a first value exchange medium that does not have a value storage function. That value is then replaced with INTERCURRENCY as a second value exchange medium that has a value storage function. This can be through spread or commission and can be done anyway. It is also possible to include a mechanism to refund collected INTERCURRENCY to the user based on the activity assessment and the amount of payment for a certain period of time for each user. Through these mechanisms, MAXELE raises the cost of operating its business. In other words, MAXELE sucks up a portion of its INTERCURRENCY supplied to the city through ICOs or issuance based on credit (money creation) and then refills the absorbed INTERCURRENCY into the city through the payment of costs. The ultimately simple form of tax collection in the real world, in which users pay MAXELE a portion of INTERVERSE’s positive revenues and expenses (operating income), and MAXELE pays INTERCURRENCY for costs, is the tax system for the ICT platform.

You can also collect remittance fees for INTERCURRENCY transfers between users (i.e., settlement, payment, reimbursement, or transfer of transfers) or charge an annual fee to the user, as in the conventional credit card billing systems. This is a rational charging (tax collection & re-supply) system. However, when MAXELE recognizes seigniorage in ICO or credit issuance as its own income, MAXELE can set it to “0” in all cases. In other words, if seigniorage is used to pay for costs, there is no need for such rational charging (tax collection and re-supply) systems, and a fully duty-free ICT-platform is a reality. At this time, users can engage in economic activity under the condition of zero-energy loss, thus maximizing the efficiency of energy consumption activities to solve problems.

<Metaphor>

A virtual world that spans continents

MAXELE does not sell or offer goods or services to users, as in the traditional business model, but provides a new market to society. This is a solution that discovers a new continent beyond the clouds and effectively connects it to the ground, thereby optimizing human connection and contributing to the maximization of created social value.

As stated above, this solution incorporates the functions of the nation (such as issuing currency, providing the foundation for economic activities, collecting taxes, and establishing rules). It is virtually built across multiple countries, and it continues to work to stabilize and develop platforms to establish its own rights of existence and to provide lasting value to the public.

INTERVERSE is indeed a large virtual world that spans across countries.

<possibility>

Opportunities are available everywhere to anyone

If users have devices such as smartphones, tablets, PCs, televisions, Blu-ray recorders, game machines, car navigation systems, and VR devices connected to networks that can be connected to the internet such as Wi-Fi, mobile communication networks, optical fibers, etc., they can access the platform anytime and anywhere by simply installing the applications provided by MAXELE on them.

In recent years, devices with networking functions have become essential to daily life, with smartphones in particular. In the same way, the network has expanded its coverage area, and the speed of communication has increased remarkably. MAXELE uses these infrastructures to provide the INTERVERSE and INTERCURRENCY to the public.

This platform works as a whole by transmitting and acquiring “information” (value), whether paid or free of charge, through each user’s devices participating in the INTERVERSE and to make energy-consuming activities to solve his or her own problems more efficiently. The “information” that can be handled on this platform is not limited to documents, but includes everything that can be converted into data. Therefore, there are unlimited possibilities associated with technological advances and system upgrades to platforms.

Anything a user can do on a device counts as economic activity–watching the news or shows on a home TV, listening to music on a smart speaker, writing articles on a PC, window shopping on a smartphone screen, or projecting their new film on a distant screen. What’s more, it can be done in the INTERVERSE.

For example, through devices such as VR goggles and VR suits, users can put their own perceptions into the VR fields and experience the world as they did in the movie matrices, all of which are thanks to the INTERVERSE.

In other words, our experience with the INTERVERSE ranges from anywhere from mild to intense.

This derives from the fact that MAXELE is not a traditional tripartite ICT platform that provides some services, but a fully multifaceted, four-party Fintech platform that provides an area of economic activity including a monetary system. The possibility of INTERVERSE and INTERCURRENCY increases with the progress of hardware.

<Role>

Advertising Market + Big Data Market = Free Content Market

MAXELE contains algorithms that allow users to effectively advertise and obtain big data, providing an environment in which users who provide value free of charge can effectively earn income. The INTERVERSE, the future global cyber economic bloc, functions primarily as the advertising market (the big data market).

For example, consider the news. In the past, viewers have had the opportunity to obtain information such as articles and programs created by content producers through television, newspapers, and websites. However, there is also sponsored content, another means through which businesses advertise to viewers. The author sells the sponsored content to the content provider, the content provider sells it to TV and other media providers, and the media provider provides it to the viewer. Basically, businesses that want to advertise to content viewers must do so through advertising agencies and media companies. In other words, the information to be provided or sent to others, in this case, is content and advertisement. Creators are required to pay for the creation of content, and advertisers are willing to pay for advertising to the target audience, all while the media plays middle man. Simply put, these exchanges between the three parties are extremely complicated and weigh down on information transmission; it’s safe to say the energy consumption activity here is inefficient. The INTERVERSE resolves this issue. Providing a direct and efficient link between creators → viewers ← advertisers. Put simply, advertisers pay for advertising (the cost of acquiring big data) directly to the producer of the content in a state of zero loss through the viewer’s actions. This is done in a stress-free manner across different purchasing power countries (given the effects of patented inventions algorithms that reflect different purchasing power and circulate economic value among users).

As a result, users who provide value free of charge, such as journalists, gather in the INTERVERSE and maximize their numbers through synergy of networking effects. In other words, the INTERVERSE functions as a social infrastructure that supports journalism globally as well as one that supports data science.