In the Web3 world, wallets serve not only the traditional function of managing assets but also as an essential tool for navigating this space, carrying the mission of facilitating human interaction with the blockchain. However, in fact, when Bitcoin was first created, the threshold for using wallets was quite high, and they only had basic functions for transferring and recording transactions.

With the emergence of Ethereum, wallets entered the era of smart contracts. In addition to the initial basic functions of transferring and recording transactions, wallets could now interact with smart contracts. More and more people began to join the world of blockchain, but at this time, they discovered a problem with Ethereum: congestion, which led to high gas fees and long waiting times.

As a result, some public chains aimed at improving efficiency began to emerge, along with wallets designed for these networks. However, many of these public chains sacrificed decentralization or security in exchange for enhanced efficiency. Among them, the solution offered by ME Network stands out. To maintain high levels of decentralization and security, ME Network adopts a fully modular architecture design to enhance performance. ME Network serves as the underlying value network for Meta Earth, and the wallet ME Pass, built on ME Network, is the gateway for users to enter the Meta Earth world.

ME Pass is the only gateway to Meta Earth

As you explore various blockchain-related applications and websites through your wallet in the Web3 world, you'll notice that every application on a public chain requires a "login" using a wallet. This differs from the traditional concept of "logging in," where accounts across applications in the Web2 world are not fully interoperable.

For example, you cannot use your Steam account to log into YouTube, nor can you use your Instagram account to log into Twitter. There is no unified account and password for all applications. However, in the Web3 world, all applications utilize wallets for "login." Instead of seeing "Login with Wallet," you will see "Connect Wallet." The wallet serves as your sole entry point into the Web3 world.

The ME Pass wallet will replace existing login or registration systems, eliminating the need to create new accounts on all websites using Facebook or Google credentials. Instead, all logins will be approved through the ME Pass wallet, making it the primary entry point for most Web3 applications. In the near future, all online activities within this ME ecosystem—such as socializing, browsing short videos, shopping, ordering food, hailing a taxi, and traveling—can be conducted through the ME Pass wallet.

ME Pass Wallet Unlocks a New Paradigm for Identity Verification

In the ME world, the ME Pass wallet is not only used to store your crypto assets but also serves as a place to "hold identity documents" and achieve identity verification. Users can apply for and manage their ME ID through the ME Pass, using it for both on-chain and off-chain interactions. The on-chain identity (ME ID) is authenticated through KYC processes, thereby avoiding the emergence of false identities, reducing the risk of fraudulent activities, and facilitating global regulatory compliance.

Therefore, in the Meta Earth world, ME Pass not only grants users ownership, control, and management of their identities but also frees them from reliance on centralized authorities for identity verification. When all identity verifications can be completed solely through the ME Pass wallet, it undoubtedly opens up more possibilities.

In the future, as the scenarios for ME ID circulation expand, the ME Pass wallet will become a perfect Web3 component. All information—such as identity, driver’s licenses, medical records, and addresses—will be carried by ME ID, ultimately achieving functions like off-chain identity verification, on-chain identity aggregation, on-chain credit scoring, and on-chain behavioral verification, thereby unlocking a new paradigm for identity verification.

What benefits can ME Pass unlock?

Although the ecosystem of ME Network is still in its early stages, it can offer significant advantages to new users. By downloading the ME Pass wallet and completing KYC, you can mint a unique digital identity—ME ID—completely free of charge. While the KYC process involves users' private information, we utilize homomorphic encryption algorithms to pre-encrypt sensitive biometric data locally, thereby preventing any potential leakage of privacy information.

Additionally, users will receive one permanently staked MEC, which will generate staking rewards daily, automatically credited to their accounts, with an annual percentage yield (APY) of up to 25% in the first full year. Furthermore, during the public testing event (from April 16, 2024, to April 16, 2025), you can accumulate rewards by checking in for 25 days each month in the ME Pass wallet to earn an additional 0.1 MEC, along with a monthly dividend reward of 0.1 MEC.

You can also participate in other activities through ME Pass to earn more MEC rewards. For instance, when you share your referral link via ME Pass to invite friends to complete KYC, you will receive 0.1 MEC. Alternatively, after joining an on-chain node community, you can participate in node incentive programs launched by various communities and gain eligibility through ME Pass wallet authorization, easily earning node MEC rewards worth thousands or even tens of thousands of dollars each month.

Conclusion

The ME Pass wallet is not only the first stop for users exploring the Meta Earth world, but it also serves as a unified platform for payments, transactions, and interactions. It is a comprehensive collection of identity, assets, and accounts, and is key to driving the large-scale application of Web3 technology. Moreover, ME Pass is not just a simple crypto wallet, it is the key for users to unlock the treasure chest of ME wealth!

If you want to receive more airdrops or rewards, please download the ME Pass and complete advanced verification. See more on the poster!

About Meta Earth

Meta Earth (ME) is based on a modular, high-performance, infinitely scalable multi-dimensional fusion underlying value network — ME Network, which supports the high-concurrency big data processing needs of traditional industrial applications.And through an encrypted DID (Decentralized Identifier) system — ME ID & ME Pass which can effectively protect user privacy data, and a co-construction & co-governance mechanism which can fully reflect personal sovereignty and equality for all, as well as an economic model which can guarantee UBI (Unconditional Basic Income) without any distinction, Meta Earth is fully dedicated to enhancing happiness for a better life and maintaining ecological balance to promotesustainability.

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