The crypto-world is just getting started and technology companies are finally taking the plunge. One of those companies, Nexon Corporation has announced its plans to launch a blockchain platform for games called METAverse. The company aims to make it easier for users in different countries around the world to play games on one decentralized network without having any problems with currency conversion fees or language barriers.
The “future of cryptocurrency 2021” is a Japanese game with 8 million users that will be launching a crypto metaverse. The game will be releasing on the Ethereum blockchain.
METAWORLD, the newest incarnation of the popular game, has been released by Gensokishi Online Project. Metaworld is a blockchain-based version of “Gensokishi Online,” a game that earned the “Game of the Year Gold Award” in 2012 thanks to its 8 million players in Japan, Taiwan, and the United States.
In a metaverse setting, the latest edition of the game will contain features of GameFi and NFTs.
In 2022, what can we anticipate from Gensokishi?
The meta world created by Gensokishi is built on 3DMMO (3D Mass Multiplayer Online) technology and aspires to establish a new fantasy world economy. “Free to Play,” “Play to Earn,” and “UGC to Earn” are the three forms of blockchain-based gaming that will be included in the game.
Gensokishi’s Metaworld will introduce the notion of User Generated Content in addition to offering a free gaming platform and profit-generating prizes in the form of NFTs (UGC).
Individuals and businesses will be able to buy land in the Metaworld and freely change the metaverse’s surroundings thanks to infrastructure in the game. Users will be able to mint and sell their own NFTs inside the game, in addition to creating buildings, natural settings, and characters.
In a news release issued with, Gensokishi remarked, “Metaverse allows us to establish a new era civilization.” “People may live in a virtual area while talking in a number of ways, in addition to engaging in fantasy world adventures and economic activities with players from all over the globe.”
The initial phase in the company’s debut will be to build up the manufacturing, sales, distribution, and monetary systems for in-game cryptocurrencies and NFTs, according to the plan. The team will next work on incorporating user-generated content (UGC) into the game and enabling the transfer of virtual world rights to NFTs. The administration will be passed to a decentralized autonomous organization once the game structure is completely developed (DAO).
In Gensokishi, players may purchase the creation rights for their metaverse characters.
There will be two separate tokens in Metaworld: MV and ROND. MV, the game’s primary currency, will be a Polygon-based utility token with a total quantity of 2 billion units that can be used for purchases and staking. The in-game currency ROND, on the other hand, will circulate. It will, however, have real-world value since users will be able to trade it on DEXs.
At the end of December, Metaworld’s MV coin will be listed on Uniswap, Quickswap, and Pancakeswap. Other DEXs, such as Sushiswap and Curve, are scheduled to list the company in Q1 2022.
Land rights will be available for purchase, and players will be able to establish their own virtual areas.
The game will be released to the general public next summer. Until then, gamers will be able to test the game’s forthcoming features in beta mode.
To commemorate the launch of Metaworld, the firm will give out “Limited Equipment NFTs” to those who engage in its online communities. Metaworld was created by licensing the Japanese 3DMMO game “Elemental Knights Online.” The campaign will run from December 2nd until December 27th, with the distribution procedure starting after that.
Visit genso.game for additional details.
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