Metaverse can be simply put as a shared virtual space that is hyper realistic, immersive and interactive thanks to the use of augmented reality (AR) and virtual reality (VR) technology. It is basically a virtual world that is developed to mirror our physical world while allowing people to do virtually anything with tremendous potential. However, it is not aimed to replace reality completely—what it aims to do is to enhance the digital space that we see today.
Metaverse will take video games powered by blockchain, and Web3 to another level, making multiplayer games even more real. Anyone can play immersive video games in the metaverse, all they need is a digital avatar. Additionally, players can earn rewards in the form of Non-fungible-tokens (NFTs), which will help boost the gaming economy.
Through games like Axie Infinity and Aavegotchi, the play-to-earn (P2E) model has created entirely new virtual economies that reward users with assets like NFTs and in-game cryptocurrencies that can be swapped, sold or borrowed. In addition, other games like Battle Racer help further utility by releasing car parts as separate NFTs. Users can then buy these parts to build their vehicles or sell them separately on secondary marketplaces like OpenSea.
Although it is still years away, the ways people are using NFTs in these blockchain networks can also be applied to skins and cosmetics in more mainstream games like Fortnite. Not only would that help players better reflect the ownership and originality of their assets, but it would increase global in-game spending, which is projected to surpass $74.4 billion by 2025.
Epic Games, the software developer and owner of Fortnite, welcomes any game that supports NFTs to its store, but it won’t directly release or engage with NFTs because of what is perceives as scams in the market.
Revolutionary Proven 3 Step NFT Strategy that Makes Me
$3,043 over and over again ,
By Flipping FREE & RARE NFT Images I Discover....
If you are interested to know how then just => bit dot ly/3uUwZM1 (COPY And PASTE this in a new tab and REMOVE DOT with actual . )
