Loci is a mnemonic term for an object that serve as a single storage space unit (i.e. folder) to encode, store and retrieve a set of specific information. In a memory palace technique well-known environments are composed of a number of discrete loci. Memoverse enables true ownership of each Loci with the help of blockchain technology.

Memory Palace (aka Method of Loci or Mind Palace) is a fundamental memory technique used by all World Memory Champions. A Mind Palace is created out of well-known environments with a number of specific objects inside i.e., loci. To memorize something, the subject mentally navigates through a path of loci to form a vivid link between the desired information and the specific loci. To retrieve the needed memories, the subject simply re-imagines walking through the particular environment of a Mind Palace.

Due to the lack of the current educational system to teach memorization as our base skill - it has become lost in our ongoing reliance on devices. As a result, most people have to share their most critical data including key passwords and personal notes with third-party services with an ongoing risk of being compromised. As memory-related personal data is digitized, safekeeping user identity and data is an increasing priority. Virtual Memory Palaces will enable great memory for as many as possible and provide storage space for the most personal information in a secure biological environment.
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The unique advantage of using virtual mind palaces as a secure storage space is that the palaces with their rooms and loci are transferred into users' long term memory. The memorized information itself is not digital due to them mnemonic link (i.e. associative story between), which happens in brain’s imagination and is rather a biological process.

We are busy preparing for an IDO and will officially announce the date in our community channels, so stay tuned.