MMG PLAY TO EARN GAMING MODEL
Whatever comes with the potential of earning money is usually tagged as the next big thing and the same can said for all metaverse and NFT based games. This has made a lot of players to be overly excited about these games because of their Play-to-Earn features. Personally, I have a keen interest in blockchain based games, this curiosity made me to embark on personal research on blockchain games with emphasis on profitability as well as excitement.
The gaming industry is rapidly growing at a record rate and the emergence of play to earn model within the ecosystem is enough to convince anyone that Metaverse is the future. Prior to this time, the gaming industry was majorly laced with funa nd excitement alone, however, it has grown massively in modern time and now serve as a passive income to many. The emergence of web3.0 has seen immense development within the gaming industry. The implications of 5his can be seen within the sphere of metaverse based games which are growing rapidly with increasing adoption. The fact that there is an increased earning opportunity, a lot of developers are trooping into the metaverse space.
In the past, gaming gains are usually enjoyed by the owners of the games and developers while the players are often left out. Monopoly Millionaire Game (MMG) is coming up with a new economic model with a play to earn system. Within the MMG metaverse, virtual assets can be bought and sold with the aid of cryptocurrency.
MMG PLAY-TO-EARN MODEL
MMG Metaverse gaming system will be powered by blockchain technology and transactions involving virtual assets would require NFTs or cryptocurrency. MMG will be developing its own metaverse and $MMG token will be used to initiate transactions involving rewards, in game assets, etc. MMG play to earn model captures the initiatives of an open economy and rewards users who adds value to the gaming ecosystem financially. This model is designed to erase the previous notion that games were merely a fun having platform. MMG wants to change this perception. MMG game box aren't only fun but an investment opportunity.
In metaverse, the extent of players cultural diversity often determines the game's playability. The richness of the diversity is dependent on the number of players trooping into the game. MMG will aim to achieve it's goal of player's diversity through the control of land ownership. Most times, there are players that often possesses strong economic powers and capacity to own so many plots of land which will then result in decreased diversity given that the available land is limited. In order to solve this challenge, MMG will create an alliance with the exchange so as to limit the land that is owned by a player through a thorough Know Your Customer (KYC) and restrictions of IP. Overall, there are about 19024 land and MMG will enact a very strict control for participation in land auctions.
MMG NFT VALUE
MMG offers land assets in the form of Non-Fungible Tokens (NFTs) and the NFT assets can be linked to any Dapp that is compatible with MMG smart contract. Thus, they can be presented as asset and also credit authentifications for intending users. This system will help to create a credit model for MMG Metaverse players. Also, the players are the original and permanent owners of the digital assets regardless of the status ( closed/abandoned) of the game. MMG NFT will ensure that every game item and resources can be tokenized so as to allow players to store or transact their items. Given the distributed ledger nature of blockchain, the inherent risks are minimal thus lessing incidence of fraud.
Further details about MMG can be gotten from the following platforms:
Official Website: http://www.monopoly-millionaire.com/
Official TG Group: https://t.me/monopolymillionairemm
Official Twitter: https://twitter.com/MMG_Token
Official Facebook: https://www.facebook.com/MMGProject/
AUTHOR INFORMATION
Bitcointalk Username: Ejumi
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3458365
Telegram Username: @Jarumaa
BSC Wallet Address: 0x9e68cD5cBb4ecEF597b0781DC77092EB1Dd844AE