Bizverse — A Metaverse for Business on the Aurora Network*

7 min readJul 28, 2022

Introduction

Bizverse World is a Metaverse for business that is built on a real-based location 3D map of the natural world to develop the digital economy and digital society, according to the “Digital Twin” and “Meta-Economy” models. With the entire assistance of VR/AR technology, blockchain, and Web3, this Metaverse platform intends to develop new business channels for traditional businesses and a digital environment for people to carry out building activities similar to the actual world. Bizverse ecosystem includes a NFT Marketplace where people could creatively create, trade anh manage their digital assets, including NFTs with a very low-cost transaction fee.

Why Aurora?

Aurora is an EVM built on the NEAR Protocol, its well-deep infrastructure, fundamental and flexible scaling solution that would definitely help blockchain projects to provide a more secure platform for users on Network. Bizverse World team is being enchanted by the long-term potential of chains, proving in some points taken from Aurora Network:

Fully compatible EVM for fast deployment of solid smart contracts
Fast transaction confirmation with very low gas fee, strongly conductive on blocks handling
Trustworthy network with expanding upgrade to Aurora Plus with various benefits to users for free transaction fee, also plenty of chances when staking AURORA to receive rewards from Aurora Network Ecosystem
High scalability
Excessive Through-put comparing to Layer-1 Ethereum

Fast response, quick engagement between project and Aurora Network do help to build trust between Bizverse World and Aurora Network, along with the significant patterns of developing great community as well as delivering highly fast updates with transparency, Bizverse confidently believes that our partnership & deployment on Aurora would be the key point to grow in Metaverse environment.

Digital Twin and Meta-Economy

Bizverse defines “Digital Twin” as the reflection, known as their digital representation of the real-physical world into a 3D virtual universe, but well-presented in a real-based location Metaverse ecosystem. Digital Twin is becoming easier to create and maintain, as it inherited the technology of the 3D map which is owned by Bizverse, allowing human society socialization in Metaverse, where the users can live, work and participate in the business activities, entertainment. Bizverse has used The World 3D Map model as a model based on real Earth data, which includes all countries and regions, major cities and famous destinations and places in the world. A place for users to freely choose a location to build their virtual reality spaces or organize large virtual reality events.

Meta-Economy is a norm that speaks for a compound word where Meta stands for Metaverse and the word Economy. Meta-Economy in Bizverse World refers to a dimensional economy with a full range of production, services, distribution, exchange and consumption activities in virtual reality space interconnected by the internet/web3.0 where humans are represented and interact with each other through NFT avatars. Meta-Economy is a digital counterpart of real-world economic activities in a 3D virtual universe. The norm displays to the inner space of Bizverse whereas expanding, complementing the real world and overcoming the limitations and matters of things that people are facing in the real world.

Bizverse creates a new era for businesses that are applying this Meta-Economy model to the ecosystem by some business activities showcases such as:

Virtual Reality Travel
Retails
E-commerce
Banking
Advertisement
Entertainment

NFT Marketplace

Bizverse NFT Marketplaces is not only a place to trade, transfer, or view NFTs which are created by Bizverse, but it is also way more flexible for users to expand their imagination and creativity on creating their NFTs for themselves, bringing into the market and have their own collections of NFT. The NFT Marketplace provides unparallelled security against fraud and counterfeiting in a way that was previously impossible to achieve in the digital realm.

Bizverse aims to become the leading in bringing various uses of NFT Marketplace into the ecosystem of Aurora Network. Their NFT Marketplace enables creators, collectors and fans to directly support their favorite NFT artists or creators within Bizverse ecosystem while they also specially focus in Entertainment and other industries. The priority when applying numerous types of NFT shows Bizverse World’s ambition to bring the digital assets to Metaverse World. Users can freely create an amount of NFTs based on what they have, also on each level of BIZPRO memberships, users are allowed to have more NFTs into their collection, as well as trading it into the market with other users. Individuals can use NFTs to represent ownership of digital assets, such as artwork, music, or videos. Moreover, the Bizverse World NFT Marketplace also includes: 3D NFT, VR/AR NFT, Metaverse Space, Digital Human NFT, Stable NFT,… and more to come, bring the excellent marketing and customer engagement benefits between users.(Good Note: Bizverse only charges 3% for transactions in their Marketplace, which is pretty lower than normal markets).

NFTs in Bizverse ecosystem are allowed to be minted by users, and bring them into their collections, applying into their favorite spots to be shown in their profile & displayed in Marketplace with a very low-cost fee. Their NFTs are implemented in different uses, traced by their digital ownership in the Blockchain environment and could possibly be put in Auction events later in the future. Furthermore, there are diverse products’ NFTs that will be brought into use by businesses that live on Bizverse World, aiding in the development of various company strategies.

SocialFi

Bizverse Social platform combines the uses of social networking and decentralized finance in blockchain. Users are prioritized as core manufacturers of this platform in Bizverse Ecosystem, where people express their personal values, earn from creating content, doing interaction to earn, communicating with other users, sharing their NFT Collections in profiles, engaging in entertainment and enjoy playing some games in relax zones, or even doing tasks like checking-in, watching ads to receive their utility tokens (VRA).

SocialFi revolves around the main objects in Bizverse Social. Both users and businesses can take advantage of this to bring in their income:

Decentralized Finance Based on Social: In the future, Bizverse Social is partly owned and proposed by users based on the holders, users vote on proposals and make decisions to grow the future of the project based on the DAO mechanism.
Bringing value to users in the Bizverse Social:
By interacting (Like, Share, Post, Watch, Learn,…)
By using the influence with the community by different levels on upgrading to BIZPRO memberships, users can write to earn, by creating astonishing and hype content with articles or creating their own NFTs.
By using influence on the community: KOL/Influencer or individual promotion by advertising procedure, use Bizverse’s Utility tokens for the fee of advertisement

(Example: putting advertising content to some NFT Collections owned by users, hype and creative contents received tons of interaction will also be awarded)

Sharing, Branding for NFT Collections & trade in NFT Marketplaces
Real-life products advertisement (E-commerce applied) to sell products

Unique E-Platform for Business

Bizverse aims to help users bring their business activities to the network environment, conduct comprehensive digital transformation of business operations, and increase efficiency with maximum support of 3D technology. As technology is constantly evolving, the team at Bizverse provides a series of E-platforms with many features to solve business problems.

Bizverse now focuses deeply on some main business industries: Tourism, Entertainment, E-Commerce, Banking, Retail, Education. Their priority in these industries has been proven by partnerships with tons of giant corporation, organizations in both local and international businesses. At this moment, Bizverse World E-platform has already been encompassed by:

E-Commerce: businesses platform for trading, showing, publishing & selling products
E-Class (Education): various licensed online courses (more than 200,000+) with Udemy — a giant corp. in online learning
Rentall (Tourism): Tourism platform on booking, traveling, hostel hotel with tons of more options for both hosts & travelers, engaging with the use-cases of NFTs.
BizShow (Entertainment): various integrations on creating a virtual reality show with celebrities, KOLs, Influencers,… with just a simple creation, but astonishing visuals.

DAOs

After the governance token (BIVE) is listed and distributed, the mechanism of DAOs will work into Bizverse World, the whole system works through the structure of using smart contracts DAOs which a set of criterias are set out to meet the necessary demand and obligation of development from users.

By allowing investors to pool funds, DAOs also give them a chance to invest in early-stage. Staking in DAOs and getting votes for forthcoming events held by Bizverse. DAOs will be using proposals and it is only passed through once the majority of stakeholders approve it. Bizverse DAOs mechanism is applied into procedures of opening and planning plots of lands / projects areas that the majorities of stakeholders would like to expand. Also for massive votes on deciding the changes or modification in NFT Marketplace transaction fees, or any adjustments in the bulk-derivation on Bizverse Ecosystem numbers, also these activities will be fully autonomous and transparent, since dilemmas between individuals and groups are usually huge conflicts, also applying into community governance when it comes to any decisions. Nature of a DAO incentivizes users to participate more in the activities of Bizverse, while the ecosystem is largely expanded to tons of connections and partnership in the future with businesses.

Summary

With the help of Bizverse, it aims to erase the boundary between the real and virtual world, remove all barriers and exceed limitations on solving matters of still issues in real life for businesses and users. The main mission of BIZVERSE is conceptualized almost like the development of the digital society and digital economy of the world according to the comprehensive digital transformation model.

According to the Bizverse team, solutions are pain-points that businesses are finding, and seeking out the best for businesses as well as users’ concerns are core mission and vision. With the partnership and support from Aurora Network team and their networks, Bizverse commits themselves on discerning and together with businesses to create a new way of doing businesses in Metaverse, enhancing the merging of new trends in the era of Blockchain.

*written by the Bizverse team and published by Aurora.

About Aurora

Aurora is an Ethereum Virtual Machine (EVM) based on the layer 1 proof-of-stake blockchain NEAR Protocol. Aurora provides a solution for developers to deploy their apps on an Ethereum-compatible, high-speed, scalable, and future-proof platform with low transaction costs for their users.