What is the Metaverse Index?
The “Metaverse Index” (MVI) is an index of the most popular decentralized applications (DApps), digital assets, and services in the metaverse. It is a popular investment among investors who are interested in the metaverse. It provides a way to gain exposure to a variety of metaverse-related tokens without having to research and select individual tokens.
Think of it as a stock market index for the metaverse. The main aim of the Metaverse Index (MVI) s to provide a comprehensive overview of the metaverse and its development.
- MVI uses a combination of the square root of the market cap and DEX liquidity to arrive at the final index weights.
- MVI helps to track the movement of NFT.
- MVI is also a liquid investment, which means that it can be easily bought and sold.
What is the Metaverse Index ?
The Metaverse Index (MVI) is designed to capture the trend of social activity, entertainment powered by NFTs and blockchain technology. It uses a combination of the square root of market cap and DEX liquidity to arrive at the final index weights. The article focuses on discussing Metaverse Index in detail.