Have you ever thought of a world in which you could exist as your own digital representation or as an “avatar”? And do you want to see and do things in this world that you cannot do in the real world?
And what could be nicer than doing all of this from the comfort of your own living room or bedroom?
Let’s make the impossible come true with METAVERSE!
METAVERSE – alternative digital reality in which everyone can work, play, trade and socialize
Wikipedia defines ‘the metaverse’ as “A collective virtual common space created by the convergence of virtually enhanced physical reality and physically sustainable virtual space, including the sum of all virtual worlds, real improvement and the internet”.
Although difficult to describe, there is no lack of interest in METAVERSE.
We also saw how popular top social network Facebook also renamed the entire company to META, which gives us an idea of how big METAVERSE will be. More specifically, in the gaming world, this evolution is making tech games hotter than ever. Let’s take a closer look at 3 of the GameFi and META games that came out when METAVERSE started development. .
The idea of METAVERSE in SANDBOX
Sandbox is a virtual game world in which players can create, build, trade, own and monetize their games within the Ethereum blockchain. The aim is to enable players to actually own in-game items in the form of NFTs (non-fungible tokens) and to reward them for their playtime and participation in the game ecosystem – unlike existing game manufacturers such as Minecraft and Roblox.
$ SAND is THE SANDBOX’s currency and is used for all transactions. It gives users access to the platform so they can play games, place bets (if desired) and earn rewards. The $ SAND token is currently listed on more than 20 exchanges, the most famous of which are; Crypto.com, Bittrex, and Kraken among others.
Sandbox is currently one of the top 5 Metaverse projects, representing roughly 7% of the industry.
AXIE INFINITY and METAVERSE
Axie Infinity is a blockchain-based Pokémon-inspired game where players can battle other players and make money.
Axies are the only digital asset stored on Axie’s private blockchain and owned as NFTs. The most expensive Axie sold so far is 300 ETH (Ethereum). To create a new Axie, existing Axie owners must “breed” it by spending in-game currency that it earned in-game or bought on an exchange. Owners can earn game currency by winning battles or selling their ax to other players. All revenue can then be sold or traded on the open market for money, generating revenue for the players.
Released in March 2018, Axie was one of the first to combine Crypto, Play To Earn, NFTs, and METAVERSE and continues to grow with total trading volume of over $ 2.4 billion.
JEDSTAR and METAVERSE
JEDSTAR is a fairly new project starting in August 2021. It is a decentralized ecosystem with 3 tokens; contains $ JED, DeFi token, $ KRED, GameFi token and $ ZED, governance token. They will also be launching AGORA – an NFT marketplace where players can buy, sell and trade NFTs in their game.
The first token, which will be launched in August 2021, will be a DeFi token $ JED and the second token $ KRED will be the in-game currency and currency for the AGORA NFT Marketplace, which will be launched in November 2019. 2021. $ ZED, the governance token, will launch sometime after, possibly early 2022.
DCCG (Digital Collectible Card Game) under construction at Frag Games and Massively Massively Multiplayer Online Role Playing Game (MMORPG) are also in development at JEDSTAR. Both games will use $ KRED as in-game currency. They also have a partnership with SkillGaming for the upcoming STARDOME, which will also use $ KRED as in-game currency, but this partnership will also allow players to easily convert their fiat currency to $ KRED, which is easier for anyone makes access to cryptocurrencies.Assistance in the general mass adoption of cryptocurrencies.
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