Huobi, a virtual asset trading platform, has unveiled the Dominica Metaverse Bound Token (DMBT), marking the launch of the Dominica Metaverse Digital Citizen (DMDC).
The Dominica government partnered with TRON and DMC Labs to authorize the DMDC rollout, which aims to offer users on-chain identities after they have passed their Level-3 KYC verification on Huobi.
As a distinctive, irrevocable token, DMBT functions as a credential exclusive to DMDC members, and it cannot be transferred. Individuals who possess a Dominica Metaverse Digital Identity (DDID) are entitled to a physical Dominica Metaverse Identification Card (DMIC) and can take advantage of various on-chain and off-chain benefits, such as supporting international crypto trading and streamlining online KYC processes.
DDID holders can mint DMBT on the TRON blockchain, visible on any wallet that supports TRON NFT protocols. H.E. Justin Sun, Founder of TRON and Global Advisor to Huobi, believes that the DDID will establish the foundation for a future metaverse that serves the global population across physical boundaries and national borders.
The DMDC program will create a seamless link between the virtual and real worlds, making the metaverse a truly inclusive digital environment. The DMDC program marks an important milestone in the evolution of the metaverse and may become a blueprint for similar initiatives worldwide.