The Metanet is the term given to a value-based internet built on the Blockchain.
Colloquially known as Web 3.0 this “on-chain” internet that functions as an efficient set of connections between organisations and/or individuals interacting with each other to benefit the entire group.
The Metanet solves many problems with the existing internet by allowing simple micropayments and by combining online payments with immutable data stored on the public blockchain. The result is a highly-connected blockchain-based internet for peer-to-peer content creation and monetisation allows users to buy and sell products as well as share information, that delivers improved properties and capabilities compared to the existing infrastructure of the Internet.
The Metanet is an upgrade to the internet, with blockchain adding the missing protocol. This makes a self sufficient global network based upon a blockchain commodity ledger that incentivises use and efficiency, whilst offering privacy and security.
The Metanet Protocol specifies a simple and extensible rule set for creating Metanet graphs and data structures. This layer-2 overlay protocol that defines a method for creating data structure over the blockchain. The protocol utilises nodes and edges to specify directed acyclic graph (DAG) data structures.
The Metanet is a super efficient, economically driven, global digital ecosystem. With the Metanet the entire global system is connected commercially, It is here to enable the next wave of global commerce.