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The founder of the Metaverse team is from Vietnam, and the members come from all over the world. The team is composed of long-term service and experienced large-scale 3D game developers and a professional operation team. When DeFi appeared, with years of experience in game development, the team got together to reimagine what a blockchain platform should be and researched how to solve problems that other platforms could not solve in the past.
The main problems are as follows:
As major institutions such as paypal and square have been accepting bitcoin there is no doubt that crypto has become more popular. However the same cannot be said about dApps. The growth of dApps has been stagnant until the arrival of DeFi. But it has been evident that it has not had the same growth in users, compared to the wider crypto market. It seems that current decentralized applications are not focused on the everyday user, making it very difficult for the average Joe to even get started.
Sustainable DEFI Solutions
With the rise of DeFi a lot of speculation has been created around the possibilities of what a bankless world can truly become. Yield farming and APYs have given many people a new source of income, yet most of these projects are not sustainable since they have no intrinsic token value that benefits the user in the long term. The ease of copy and pasting has severely stalled innovation. It is a game of musical chairs so to speak, where copycats are added to the ecosystem on a daily basis and users chase the highest yield, and when the music stops only those with true innovation will continue to foster.
With many developers looking for the next big thing, many projects have turned to NFTs. The concept of NFTs is not new, but rather one of the first ideas of how smart contracts and unique tokens can benefit creators and users simultaneously.
Although there are many utilizing this approach and several cases have surfaced in the past several years, only some of them have really created a product that showcases the true value of NFTs and how they can change the world. NFTs shouldn’t be just hype but a truly revolutionary standard to ensure that creators are rewarded for their time and effort.
When reviewing collectively what has been previously mentioned above, it is evident that many dApps are developed for the minority. Whether it is the barriers involved to enter or the extremely high gas fees (blockchain transaction fees), not everyone is able to take part.
The aim is to provide product values that are driven by the community for the community. Removing barriers and making sure that developers are open and honest is important in fostering and expanding the community and driving true value. Unfortunately, most communities are not rewarded for their behind the scenes contribution.
Decentralized applications have come a long way, but for it to take the next great leap the problem of scalability must be resolved. With high gas fees, long transaction times, and with an extremely complex on-boarding process it has caused many dApps to fail. There are a multitude of new solutions for lower cost transactions and faster Transactions Per Second (TPS). Therefore users are often faced with a new learning curve when converting to a new blockchain.
Metaversex is a 3D casual competitive adventure game. In the game, as long as the character professions we set are fighters and mages, each profession has its own weapons and attribute bonuses. Players can also choose skins and weapons with higher attributes for their characters to provide in-game win rates and benefits.
When the character first enters the game, the default level is one level. As various tasks are completed to improve their level, the attributes of the characters that have not been upgraded will also increase accordingly.
The rarity is mainly determined by the basic rarity of the character's skin and the rarity of its weapons. Skins with higher rarity have more unique game styles and abilities, and have the opportunity to get bonuses in battles and rewards for completing tasks.
There are 3 different rarities:
Every company strives to capture its audience's attention and engagement, whether it be through their time, their efforts, or money. But the economics and benefits are generally a one way street, only flowing from the user to the company.
The Metaverse team has developed a set of in-game market systems separately. Users can freely generate NFTs and then hang them on the mall for sale in the following ways: bidding auctions, buy-it-yourself prices, or sell them to the official system for recycling. In order to encourage early users to participate more in in-game transactions, we have set up additional rewards for the first batch of users to represent their contribution to the in-game ecosystem.
There are 7 types of weapons in the game, namely STICK, KNIFE, SWORD, AXE, BOW, SPEAR, and HOE. Each weapon is divided into three levels, namely Ordinary, Rare, and Legendary. The damage and bonus of each level are different. The higher the level, the higher the attribute.
Metaverse virtual world game website is online, METAP token private sale is launched, NFT smart contract code is submitted for review. Production of mapped virtual items, NFT is transferable or tradable.
The public beta version of the game is open to NFT holders Land assets on the chain can be auctioned and transferred, the virtual building Mint NFT can be auctioned and transferred, online in-game chat and community
Game custom role and perspective switch The development of the player task system is completed, METAP token reward activities for active players, and the nft trading market for virtual assets in the game are opened.
The first version of MetaverseX is on the shelves, the first player design and construction competition is held, the official game information is available for download, and the item auction smart contract 2.0 is launched on BSC
Publish custom props and level design tools, start to repurchase the transaction cost of the destroyed tokens, and provide players with tokens as collateral for automatic dividends Start the nft blind box extraction activity in the game, and submit the project to Apple Store and Google Playay Store
The decentralized, MMO sandbox, creation game on the blockchain. Utilizing Play-to-Earn models, players can own virtual land; design and create various buildings and structures; and craft a diverse set of items to be sold and traded on the open markets as NFTs. metaPunks was designed by X studio of Fair.Game from the ground up specifically with sandbox and MMO gamers in mind. Inspired by Minecraft and ROBLOX, metaPunks seeks to be the number one globally, fully immersive, virtual-world gaming experience, complete with its very own ecosystem of collectables and marketplaces on the blockchain.
The gameplay method is mainly to upgrade the protagonist level through various tasks and competitive PK set in the game, as well as PVE and PVP modes.
In the later stage, competitive competitions will also be held. Through the competition mode, users can have more communication and cohesion.
Every single product’s value is driven by the community, therefore the community should be rewarded for their contributions.
Community contributions come in many forms and the Metaverse platform rewards the community in every way possible. From influencers to simply enjoying games on the platform, there is a piece of Metaverse for everyone.
Due to the numerous attacks on other DeFi platforms, team Metaverse have thoroughly dissected each and every attack to ensure we optimize our Smart Contracts to mitigate risks to user funds. Our Smart Contracts have also been certified by Certik.
Some of the optimizations include: 1. To prevent flash loan attacks
Flash loan attacks must take place in one block. To prevent this on the Metaverse Crates, user's block needs to be carried out atleast 3 blocks of the last deposit.
When investing in a platform where the exchange rate changes in real time, the user's deposit will not immediately trigger the operation of investing in the corresponding platform. Rather the strategy will be triggered and controlled by TimeLock to delay investing in the corresponding platform. Therefore Arbitrage cannot happen in the same transaction.
2. Making it easier for all users
When a user stakes a small amount of funds, it will not immediately trigger the strategy. Rather the streatgy is triggered when a specified amount is accumualted, saving users on gas fees.
Similarly when staking in a single token pool, the pool will have a margin used for small withdrawals. Instead of triggering withdrawal from the corresponding platform, small withdrawals will be taken from the safety margin pool to reduce gas fees.
Please note that although the team has gone through extensive security checks, any coding may have unforeseen risks. Always DYOR before investing.
NFT Ecosystem
Here are the articles in this section:
A developer’s satisfaction comes from knowing that their long hours and sweat ends up being a product that users can enjoy everyday. There is nothing more thrilling than knowing the joy that their product brings.
Metaverse rewards users just by simply enjoying and interacting with the platform. Whether it is simply signing up for a Metaverse account or interacting through Metaverse social users can claim FAIR token rewards through the Achievement System.
To ensure full transparency, Metaverse team has developed an auto buyback and burn feature that is fully controlled by Smart Contracts.
80% of all profits across the platform is directed into an "auto buyback and burn" pool consisting of BNB. The smart contracts will constantly check the average FAIR price in the past 72 hours. Whenever the price falls below the 72 hour average price the smart contract will be triggered to swap the funds in the pool for FAIR tokens at a random time.
We believe that one of the most valuable aspects of any community is user generated content. More importantly user generated content that helps the community foster and grow as a whole. With Metaverse Social users have an open platform to post articles and short clips. Users can share any game related topics, whether it's a game walkthrough, an instant replay of your favorite moment, or your prediction for your favorite token.
With a fair, transparent, and unique engagement algorithm that uses a combination of likes, views, impressions, and clicks, authors are rewarded with FAIR tokens. Ensuring that quality posts fostering and supporting community growth is rewarded accordingly.
Metap is the native token of metaPunks. Use it to exchange items and other assets with other players, or on virtual auction houses.
The total circulation of Metap Token is 100,000,000,000 (one hundred billion), which will not increase.
Current State :Whole Circulation
In addition to being the native in-game currency, Metap will also be used for participation in decentralized voting. Voting with your Metap will be incentivized, and many proposals will include aspects like development, operations, and optimization of the game itself.
Through the use of gamification techniques, stakeholders will be rewarded through the enjoyment of the Metaverse platform, creating a self-sustaining system for community expansion.
As the blockchain industry expands, more and more assets are introduced to the ecosystem. Having a clear overview and detailed insights of your assets is an important tool for all investors. Metaverse’s Asset Portfolio manager provides users with an intuitive display of all your crypto assets including your NFTs. As Metaverse understands how important it is to have clear visibility of all your assets.
To ensure that user’s get the most relevant information about their assets across platforms, metaPunks provides an easy to use portfolio manager for a range of assets including cryptocurrency, NFTs, and DeFi investments. User’s also have the option to connect to their centralized exchange, giving them a top to bottom breakdown of all their assets across platforms and blockchains. Making it much easier and transparent across the board.