The introduction of the cryptocurrency ecosystem has generated the rise of other ecosystems like Decentralized Finance (DeFi), Non-Fungible tokens (NFT) and Game Financialisation (GameFi), all of which make up what we know as the Metaverse.
GameFi is an essential stepping stone to the Metaverse. It is the financialisation of video gaming which is characterized by the Play-to-earn (P2E) paradigm. It also refers to blockchain games that offer incentives in the form of tokens to players.
More so, GameFi represents a convergence of the cryptocurrency and NFT marketplace and also P2E. NFTs have become integral in GameFi because it gives a platform for players to create different unique 3D digital assets; it’s notable that in recent times, before the launch of a game, an NFT collection is first launched.
Projects like MetaCryp (MTCR), The Sandbox (SAND) and Stellar (XLM) seek to use this innovation and further better it.
MetaCryp is Projected to be the Next Big Thing
The MetaCryp Network is a GameFi ecosystem that aims to be one of the best and most notable creators of a modernized tool in blockchain technology that is safe, enjoyable and exciting for its users. It seeks to integrate a virtual world in the ecosystem where users will be able to use decentralized finance to play, design, socialize and earn a living in the metaverse.
Why Will P2E Be A Great Asset to MetaCryp?
In a world whereby employment opportunities are slowly becoming scarce, P2E is gaining popularity as it is enhanced in these areas.
Undoubtedly, P2E serves as an income generator as NFTs and cryptos that are acquired in P2E games can be sold on the market.
How Does MetaCryp Seek To Better the GameFi Experience?
- By offering accountability in operations and transactions which have been a long-standing challenge.
- MetaCryp doesn’t require the user’s info, and neither does it store it.
- Of course, it offers low gas fees for transactions. It also doesn’t charge wallets as it encourages Peer-to-peer (P2P).
- It is a community-centric platform that enables the execution of diverse technical interests.
MetaCryp Token (MTCR)
MTCR is the native cryptocurrency of the MetaCryp Network.
Every holder of this token is allowed to participate in the decision-making processes and voting rights of the DAO.
Other benefits MTCR holders will enjoy are:
- Holding provides access to the metaverse and its intriguing elements.
- Reward system- can be in form of airdrops.
The Sandbox – The 3D Experience
The Sandbox (SAND) is a multiplayer game platform in the metaverse where players can create, generate revenue and participate in the blockchain gaming experience. Here, game designers can create their custom 3D NFTs that can be used across the ecosystem.
The Sandbox (SAND) is fueled by the ERC-20 token known as SAND. SAND is used to give access to the platform to users, gamers and creators. It’s also a criterion for participation in the platform’s governance and for creators to upload their creations to the Sandbox’s marketplace. Also, in gaming, a small amount of tokens is required to go access the games on the platform that isn’t free to play.
Stellar – The Exchange Platform For The Future
This is a decentralized exchange platform for cryptos, forex and other securities. With Stellar (XLM), it is possible to design, and trade all forms of money, including token swaps. It aims to put all the world’s financial systems together on a single network.
Its Token is called the Stellar Lumens (XLM). This token is used to meet minimum balance requirements and also for the payment of gas fees. This token eases the movement of money between the platform’s users.
MetaCryp (MTCR);
Presale: http://presale.metacryptoken.io/
Website: http://metacryptoken.io/
Telegram: https://t.me/MetaCrypOfficial