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MetaPay-Open the Era of Meta Payment

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5 years ago

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Since the birth of mankind, we seem to have never experienced lasting peace and prosperity. We have tried our best to build one civilization after another, but because of lack of trust and coordination, it always disappeared immediately. In the evolution of the universe, humans have walked for millions of years, but even though they have faced countless difficulties together, they still cannot understand each other in the end.

Just when we were about to lose confidence, the emergence of blockchain relighted our hopes. The greatness of decentralized consensus is that code is more reliable than human nature, and “Code is Law” can last the development of civilization. Decentralization allows independent thoughts to shine like stars, and at the same time allows trillions of individuals to reach a commendable consensus on the identification of rules and trends, and enable the collaboration between humans to reach an unprecedented height and breadth.

In the collaboration between many humans, MetaPay shines with the brightest light, guiding us towards eternity.

Why is MetaPay followed by the public?

We know that the existing global payment system relies on the establishment of various centralized governments, central banks and some third-party payment institutions. There seems to be no problem with the existing payment system, it has very fatal flaws.

Firstly, the fully centralized governance system makes the system very easy to be attacked by hackers, and once it is attacked, it will cause catastrophic consequences. Secondly, the high transfer fees and management fees have seriously harmed the interests of users. Thirdly, when it comes to cross-border transfers and payments, the speed and efficiency will be greatly reduced, which is not conducive to the development of commercial trade.

Based on these market pain points, the founding team of MetaPay put forward the idea of ​​meta-financial payment.

Meta Finance, derived from Metaverse, is committed to the construction of virtual and real payment infrastructure，is a safe and efficient Meta financial payment ecosystem based on the Ethereum Layer 2 expansion protocol developed by genius blockchain technology geeks. The main direction is cross-chain payment and ecological construction of virtual assets, including decentralized payment , pledge, liquidity mining, NFT aggregator, etc.

The reason why MetaPay can carry the efficient and complicated payment requirements is because of its strong cryptographic algorithm. It uses the discrete logarithm encryption and elliptic curve encryption which are commonly used in modern public key crypto systems. At the same time, it uses the non-interactive zk-SNARKs zero-knowledge proof system to completely address the issue of transactions being traced to expose user privacy.

MetaPay adopts the Layer 2 technology based on Ethereum, and achieves a flash payment experience comparable to Internet products through expansion of the off-chain channel. In addition to the extremely fast payment experience, there is no handling fee in the off-chain channel, which effectively solves the problems of slow speed and high gas fee of the Ethereum.

It is mainly achieved through the following three aspects：

Two-way payment channel

Two participants create a ledger entry on the blockchain, which requires the two participants to sign any fund expenditures. Both parties create transactions that return ledger entries to their respective allocations, but do not broadcast them to the blockchain. They can update the personal distribution of ledger entries by creating many transaction expenditures from the current ledger entry output. Only the latest version is valid, which is enforced by smart contract scripts that can be analyzed by the blockchain. By broadcasting the latest version to the blockchain, any party can close the entry at any time without any trust or custody.

Lightning Network

By creating a network of two-party ledger entries, you can find a path across the network, similar to routing data packets on the Internet. The nodes on the path are not trusted because the payment is executed through a script that enforces atomicity (the entire payment succeeds or fails) by decrementing the time lock. In order to expand Lightning Network in Layer 2, MetaPay incorporates two basic protocols, RSMC (Revocable Sequential Maturity Contract) and HTLC (Hash Clocked Contract) in the transaction verification process of the underlying protocol which is to build the Fund pool on Layer 2 and the establishment  of payment channels.

The Lightning Network on Layer 2 has many advantages. The first is instant determinism. As long as the signatures of all parties pass the status update, the status will be “confirmed” without waiting for block confirmation on the blockchain; Secondly, The status update is off-chain, and peer-to-peer communication can guarantee privacy. Only the final status will be submitted to the blockchain. Finally, there is a low gas fee. The Lightning Network only needs to settle and clear the fees on the blockchain when the channel is opened and closed. At other times, no matter how the two parties update in the channel, the transaction is free.

Blockchain arbitration mechanism

It is possible to conduct transactions outside the blockchain without restrictions. It is also possible to conduct off-chain transactions with the confidence that it is executable on the blockchain. This is similar to the way one person enters into many legal contracts with others, but there is no arbitration every time a contract is signed. By making transactions and scripts parseable, smart contracts can be executed on the blockchain. Only in the case of non-cooperation, arbitration will be intervened. But for blockchain, the result is certain.

There is no doubt that the technical team of MetaPay understands the pain points of the current market very well. Through the above three points, MetaPay can completely break the congestion of existing Ethereum network transactions and achieve the best transaction speed in the entire network.

The MetaPay system with advantages such as instant payment, high scalability, low cost and cross-chain will help mankind get rid of the shackles of the existing payment system and realize the ultimate dream of payment freedom.

If you think MetaPay’s planning stops at payment, then you are wrong. After completes the payment infrastructure, it will use Meta NFT as the starting point to fully deploy the metaverse ecology.

Let’s first look at the layout of Meta NFT. It aims to build the world’s largest NFT asset and financial derivatives trading platform with the richest ecology and the strongest technical strength.

Therefore, Meta  NFT is integrating more than 100 animation IP and 1,000 global artists and collecting more than 5,000 contemporary artworks as a reserve. Users will be free to trade NFT assets including artwork and real estate in Meta NFT.

In addition to NFT asset trading, Meta NFT allows users to mint their custom NFT assets.

Users can directly create NFTs in Meta NFT Layer 2, and the changes in the state of the world in the system are similar to recharging NFTs. Web, Mobile App and API-based user interfaces to the Mint smart contract will be developed to make asset creation and management a simple process. The following parameters define a new custom asset:

Currently, MetaPay has completed the construction of the development team, the internal structure of the functional prototype, and is focusing on the development of the first version of MetaPay. Although the development work is still in progress, MetaPay has completed the internal angel round of fundraising and is in the process of private sales. At present, it has received preliminary investment intentions from global leading institutions such as CMS, AU21, DFG, NGC, Rarestone, LinkPad, etc.

As of press time, the MetaPay team is still intensively developing. It is believed that users will be able to directly use MetaPay and NFT asset trading shortly. We are very much to see it soon.

If you want to know lates news about MetaPay, please check following links:

MetaPay Twitter：https://twitter.com/Metapay1/

MetaPay Telegram：https://t.me/metapaygroup

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

CloudBasedBackup Introduces Annual Subscription Plans for Managed Nextcloud Hosting

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7 minutes ago

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May 6, 2026

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CloudBasedBackup, a Luxembourg-based managed Nextcloud hosting provider, has launched annual subscription plans with 50% off for the first year, bringing its 500 GB plan to just €2.45 per month. The offering positions Nextcloud as a full alternative to Google Workspace or Office 365, combining secure file storage, collaboration tools, and workflow automation in one privacy-first workspace. The launch discount is available at cloudbasedbackup.com/en/pricing.

Luxembourg, 6th May 2026 – CloudBasedBackup, the managed Nextcloud hosting provider built for privacy-focused teams and individuals, today announced the launch of its new annual plans. The provider will surprise customers by offering 50% off for the first year on yearly subscriptions, thus bringing its popular 500 GB plan to only €2.45 per month for the first year.

With data privacy and control becoming a top priority for organizations across Europe and beyond, CloudBasedBackup positions its managed Nextcloud offering as a secure, flexible cloud solution that combines storage, collaboration, and productivity in one place.

“Nextcloud is often thought of as cloud storage, but it’s much more than that,” said a spokesperson for CloudBasedBackup. “Our managed Nextclouds include a wide range of apps and collaboration features that can fully replace the day-to-day functionality many teams rely on from Office 365 or Google Workspace, while keeping control of data and reducing vendor lock-in.”

CloudBasedBackup’s managed Nextcloud hosting is designed to make it easy to deploy and maintain a powerful cloud workspace without the administrative overhead. Alongside secure file storage and sharing, customers can enable apps for collaboration and productivity, including tools that support document work, communication, and workflow automation.

The 50% discount applies to annual plans for the first year, including the 500 GB plan at €2.45/month (first year). Customers can view plans and secure a subscription at: https://cloudbasedbackup.com/en/pricing

About CloudBasedBackup
CloudBasedBackup provides managed Nextcloud hosting for organizations and individuals who want a secure, privacy-first cloud solution with automatic backups, collaboration tools, and simple administration. The platform helps customers consolidate storage and productivity workflows into a single flexible workspace without compromising data control.

Media Contact

Organization: CloudBased Backup

Contact Person: Marc Schiwek

Website: https://cloudbasedbackup.com/en

Email: Send Email

Country:Luxembourg

Release id:44376

The post CloudBasedBackup Introduces Annual Subscription Plans for Managed Nextcloud Hosting appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Outta PHX Print Shop Expands Production with New Five-Printhead Industrial Printer DTF System

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7 minutes ago

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May 6, 2026

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United States, 6th May 2026 — Outta PHX Print Shop, a leading production facility for DTF transfers and custom apparel in Arizona, has installed a new industrial five-printhead Direct-to-Film (DTF) printing system—significantly increasing output capacity and reducing turnaround times for high-volume orders.

This latest investment allows the North Phoenix-based print shop to double its production capacity while maintaining consistent, high-quality results across all orders. The new system supports large-format DTF printing up to 24 inches wide and improves efficiency across gang sheet production, bulk apparel orders, and same-day service requests.

With the upgraded system, production times have been reduced by approximately 50%, enabling faster fulfillment for local Phoenix clients and nationwide customers ordering through Outta PHX’s online platform.

“This isn’t just an upgrade—it’s a shift in how fast we can deliver at scale,” said Bashar Dababneh, Owner of Outta PHX Print Shop. “We built our reputation on quality, and now we’re matching that with speed and capacity that most local shops simply can’t compete with.”

The expanded production capabilities position Outta PHX Print Shop as a go-to provider for:

The company continues to serve a wide range of clients, including local businesses, clothing brands, schools, sports teams, and promotional product distributors, while also supporting nationwide shipping for custom orders.

About Outta PHX Print Shop

Outta PHX Print Shop specializes in Direct-to-Film (DTF) transfers, DTF gang sheets, UV printing, Sublimation and premium custom apparel production. Based in North Phoenix, Arizona, the company offers fast local pickup and reliable nationwide shipping through its e-commerce platform.

Media Contact

Organization: Outta PHX Print Shop

Contact Person: Brian

Website: https://outtaphx.com

Email: Send Email

Contact Number: +16027023480

Address:420 E Bell Rd, Suite #7 Phoenix, AZ 85022

Country:United States

Release id:44755

The post Outta PHX Print Shop Expands Production with New Five-Printhead Industrial Printer DTF System appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

$300M+ Condominium Tower Planned to Transform Downtown Los Angeles Skyline

Published

7 minutes ago

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May 6, 2026

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Los Angeles, United States, 6th May 2026 — TM Group, led by founder Temirlan Tokobekov, announced plans for a major real estate development in Downtown Los Angeles with a total projected investment exceeding $300 million. The project marks a strategic step in the company’s expansion into the United States and reflects its ambition to deliver high-impact developments in globally competitive urban markets.

The development will feature an iconic 55+ story condominium tower, designed to redefine the city’s skyline and establish a new benchmark for high-rise residential living. As demand for premium condominium residences continues to rise in major metropolitan areas, the project is positioned to meet evolving buyer expectations by combining location, design, and functionality into a single integrated offering.

Located at 613 S Grand Ave, the tower is planned to include 300+ condominium residences, complemented by ground-floor commercial space and a curated selection of high-end amenities. These are expected to include wellness and fitness facilities, premium resident services, and lifestyle-oriented spaces designed to enhance the overall residential experience.

The project is conceived as a fully integrated mixed-use environment, bringing together residential, commercial, and lifestyle components to create a dynamic urban destination. Its central location provides direct access to key business districts, cultural institutions, transportation networks, and entertainment hubs, positioning the development to attract both local and international buyers.

The architectural vision emphasizes modern design, efficient use of vertical space, and advanced engineering systems. Sustainability will also play a central role, with environmentally responsible building practices and energy-efficient technologies aligned with current standards and market expectations. The development aims to deliver long-term value while establishing a distinctive presence in the Downtown Los Angeles skyline.

“We don’t follow the market — we shape it. Los Angeles is the next step,” said Temirlan Tokobekov, Founder of TM Group.

The project is currently in the pre-development phase, including architectural planning, feasibility analysis, financial structuring, and coordination with city authorities and consultants. As the development progresses through entitlement and approval stages, additional updates are expected, including design unveilings and project timelines.

Upon completion, the project is expected to generate significant economic impact, including job creation, increased investment activity, and enhanced urban infrastructure. The development is positioned to become a key addition to the evolving landscape of Downtown Los Angeles.

About TM Group

TM Group is a real estate development and investment company focused on large-scale residential and mixed-use projects, delivering high-quality developments across international markets.

Media Contact

Organization: TM Group

Contact Person: Tim

Website: https://tmgroup-ca.com

Email: Send Email

City: Los Angeles

Country:United States

Release id:44754

The post $300M+ Condominium Tower Planned to Transform Downtown Los Angeles Skyline appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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