Introduction
The growth of technology in the past couple of years have been rather swift and if we do not flow with the wind of technology, we may lose track of its progress and have a hard time getting accustomed to the new systems. Blockchain is one of such developments with complexities that require critical attention to comprehend and engage. It is a decentralized and secure system used to store and audit transactions.
Blockchain is the future of technology (especially for financial technology). Its system has the potential for endless possibilities and has been the foundation for recent developments, such as the metaverse and Non-Fungible Tokens (NFTs).
The technicalities involved in using blockchain has made it difficult for people to understand and effectively engage the system. This has led a team of experts to put heads together and develop the Monopoly Millionaire metaverse which would provide a watered-down method of understanding and engaging blockchain through gaming.
Monopoly Millionaire Game (MMG)
The MMG is an ecosystem built on the Ethereum blockchain technology to create a simplified and easy to navigate metaverse (virtual reality) that closely imitates real life. The aim is to create a system that would help people(especially novices) understand and become easily acquainted with the blockchain system.
This is achieved through a gaming system through which the metaverse is built. It is spiced up with blockchain features to help players learn basic blockchain processes while having fun and gaining cool rewards of financial value.
The game is an amplified version of the traditional monopoly board game, sharing almost the same features with a few peculiarities. Generally, the game involves travelling around the world through the map on the board, gaining territories and businesses in the process. But instead of throwing dice to make progress and win properties, tokens are used to purchase and develop properties.
As players make progress in the game, they are easily rewarded with free tokens which can be stored as NFTs.
The MMG metaverse
So far developers have had a hard time creating a successful and secure metaverse. They mostly end up with a complex system that requires a large amount of coding, which affects the speed of transacting. This could lead to a difficult and unbearable experience for users and prevent them from further engagements. The poor security of transactions is also a major discouraging factor.
The MMG seeks to create a metaverse with a simple interface with fast and easy interactions, and a well-secured system for transactions. The plan is to engage users in the creation of the metaverse. As they create and customize their avatars, as well as build lands and territories, they engage their initiative which would be a valuable resource for the development team in improving the system. Players are rewarded with NFTs which can be converted to real currency.
MMG NFTs
The MMG NFTs are tokens that are used to transact in the metaverse. Players gain properties, develop their business and make progress in the game by performing certain tasks or engaging NFTs. Apart from receiving NFT as rewards, it can also be acquired with Ethereum cryptocurrency.
What MMG Offers
the MMG provides a platform for both entertainment and financial gratification. Unlike other board games, you can earn collectibles that have real financial worth.
Worth for NFTs
The MMG land assets and other items can be converted into NFTs which can be traded or stored for a period to appreciate. The ownership of the digital assets belongs to the players and cannot be withdrawn or destroyed.
The value of the NFTs is creditworthy and can be used to gain access to credit, by connecting it with decentralised apps that endorse MMG smart contracts.
Favourable ROI
Also, MMG investors receive a 5% profit from the ERC -20 tokens they purchase. The profit is usually accumulated by the project team by engaging the funds in Ethereum transactions from supplementary markets. This profit is credited to the investor after every 30 days.
Secure and Durable System
The metaverse is highly secured, so players can hardly be defrauded or have their assets stolen. The blockchain system is such that whatever is stored in it cannot be lost or destroyed, therefore, players can purchase assets without the fear of liquidation.
Conclusion
This project aims to dissolve the challenges involved in building metaverse systems, create an easy pathway to understanding and engaging blockchain technology, and also develop a means of gaining NFTs with good and appreciable value.
The project team is a union of professionals who are well versed in their unique fields as required for the success of this project. With a group consisting of developers and individuals skilled in blockchain technologies, token economics amongst others, we are confident that the MMG project would set the pace for others in both the gaming and blockchain world.
USEFUL LINKS
Website: https://www.monopoly-millionaire.com
Whitepaper: http://www.monopoly-millionaire.com/pdf/web/viewer.html
Telegram: https://t.me/monopolymillionairemm
Twitter: https://twitter.com/MMG_Token
Facebook: https://www.facebook.com/MMGProject
Linkedin: https://www.linkedin.com/in/david-cox-b28831216/
Github: https://github.com/monopolymillionairegame
Discord: https://discord.gg/8Jn9gMwwtv
Medium: https://medium.com/@monopolymillionairegame
Reddit: https://www.reddit.com/r/monopolymillionaire/
AUTHORS DETAILS
Bitcointalk Username: Agbas
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3461551;sa=summary
Bsc Wallet Address: 0xdb7cd55c305373789Ab05ae7D278E76C440cfaA2