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Ekta, the blockchain that bridges physical assets and communities on-chain, has today announced the launch of its new Ekta tokens (EKTA v2) and soon-to-be launched Ekta blockchain mainnet that will be the foundation of EktaVerse, its own metaverse ecosystem.

The new Ekta Mainnet is based on Hyperledger Besu (Besu) technology, which allows for the building of secure, high-performance transaction processing in a public network. Hyperledger Besu offers blockchain solutions that are easily implemented and significantly improve the performance, efficiency, and employment of business processes. The mainnet development is complete and is being audited before going live.

The new EKTA v2 tokens are first offered to existing EKTA holders through a dedicated DApp access through their website. The new Ekta DApp allows users to claim EKTA v2, as well as stake and lock EKTA v2. Next, EKTA v2 tokens will be launched soon after through a new DEX listing before also listing on centralized exchanges. Their website, www.ekta.io is the official source of information to keep up with exact exchange availability and timing

Ekta Chain aims to connect profit with purpose, by performing two important functions. It increases the accessibility of real-world resources such as natural capital and property, through tokenisation and non-fungible tokens (NFTs) for the benefit of people and natural resources. At the same time, it helps to connect entrepreneurs, retail participants and everyday people with instant and secure access to resources through decentralised systems.

Berwin Tanco, Co-Founder of and CEO at Ekta, commented: “Ekta is constantly looking at ways to innovate and enable more users to become part of our ecosystem. Our new chain allows for secure and more high-performance processing, but ultimately underpins our promise to present users with a hassle-free blockchain solution.

“Ekta is focused on bridging blockchain and the metaverse with the physical world and providing true utility for cryptocurrency beyond just benefits for crypto traders and blockchain in general. Much like the companies, websites and services during the dot.com boom and bust in the 90s survived through real-life utility—they were useful to non-techies—we believe that a culling is coming for cryptocurrency and the survivors will also be the projects that are focused on real-world utility. On top of this, Ekta aims to provide utility that ultimately benefits people, communities and the environment we live in”.

Among its blockchain offerings, Ekta is most focused on the development of its own metaverse, the EktaVerse. Targeted for launch in Q1 2022, it will serve as the bridge between the blockchain and the physical world and unlock the value of physical world assets, including public companies, natural capital and real-world assets like real estate properties through NFTs and fractional tokenisation.
With partners developing on Ekta and soon to launch, the EktaVerse will help Ekta realise its core vision and mission in leveraging blockchain to give people a chance to live better lives, and for blockchain to be used to protect the natural resources and environment, which we are all dependent upon.

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