GameFi Corner: Cross-chain minting, eSports in Web 3.0 and Metaverse architects
SharkRace, YeSports, Metamundo and more...
A lot is to be expected for the month of May and there are a few reasons why. Multiple gaming and metaverse companies are each month one step closer in bringing real life solution to solve current issues on the blockchain and progress with the development of the metaverse.
This time we brought to you new products and services where they hope some significant changes will be established in the Play to Earn space. The examples include the likes of SharkRace, YeSports, Vesta Finance, Metamundo and much more in the additional news section at the bottom.
Save your time for research and enjoy the read!
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🎮 Current state of GameFi
Some eye-opening thoughts have been shared on the current gameFi sentiment. It is necessary to think more in depth and bring out gaming titles that are capable to attract and retain millions of players that are able to spend real money and generate real revenue.
However, most of the games nowadays are driven primarily by investors, speculators, scholars and unsustainable economies. This limits both their audience and lifespan.
The initiative of ‘Free-to-play’ is here, although play to earn companies have to find more attractive ways to make users more engaged with the proposed games. We are currently in a stage of evolution and very soon the world will find out which firms are going to be the real game-changers that provide quality solutions to a larger gameFi audience.
Candidate 1: Sky Mavis, Illuvium, Star Atlas
Good at building games that appeal to the current audience of crypto-enthusiast gamers
Good at building hype and marketing
Candidate 2: Mobile F2P devs (Jam City, Scopely, Azra Games)
Building accessible but engaging games
Designing complex economies
Measuring and optimizing their performance with sophisticated analytics and world class user acquisition
Check the proposed solutions here
🦈 SharkRace
SharkRace is the first P2E game to offer upgradable NFTs from award-winning artists.
The participation of this game has been simplified thanks to the possibility to mint 3 NFT Super Packs with a special pass ahead of the general public sale.
Based on the knowledge from our previous articles we can say that SharkRace wisely managed to implement important features that are currently on demand such as: funky design by award-winning artists, customizable and upgradable NFTs, staking, fun gameplay, scholarships and more options for gamers to play more type of games and not just a single option.
There are 3 options on how to get your hands on one of their NFTs or just invest in the upcoming IDO token.
Here are the choices:
The general sale of NFT Super Packs - May 2022 - $300 pack
Pre-sale mint on their official site and save up to $180
IDO of its $SHRK token on 16-17 May at the price of $0,02
More benefits from SharkRace game
📈 Vesta Finance
Vesta Finance has introduced XMint, cross-chain minting. Cross-chain minting will be facilitated via cross-chain messaging services, enabling VST to be minted across several ecosystems, extending its utility as a means of value transfer. Vesta Finance wants to be the first lending protocol to offer cross-chain minting in its entirety.
There is currently no solution that allows consumers to obtain a single revolving line of credit without experiencing liquidity fragmentation or bridging friction.
Although the project itself is not directly linked to gameFi, it means a lot for the P2E economy, where users can transfer their funds in a more efficient manner, without the need to bridge.
👟 Top 5 move to earn crypto
Move to earn has become appealing to the crowd, where aspects of fun, health and finance are all combined in one. One of the most popular games at the moment which offers this type of mechanism is $GMT. Nevertheless, many play to earn games fail to retain their followers since trends are all temporary. That is why we would like to provide to you some alternatives that can compete to $GMT in case the popularity of GMT fades.
Step App (FITFI)
Calo (CALO)
Digital Fitness (DEFIT)
Wirtual (WIRTUAL)
Aircoins (AIRX)
🎲 YeSports
YeSports is the 1st world’s web 3.0 engagement platform for esports. It is a good opportunity for YeSports to make an impact here since it would allow players and fans to interact more comprehensively in the metaverse.
The firm has already attracted major investors including Polygon. Venture Capital investors are aware that eSports is a very lucrative market that helped to generate over $1 billion in 2021.
🥇 Mirkwood Ethereal and Metamundo
As the metaverse is constantly upgrading, it is necessary to find out which key roles will play out as the most essential ones, responsible for the whole metaverse infrastructure.
In this case, metaverse architects will have the opportunity to create a fully functional environment where participants can easily interact, work and play in the digital playground.
The Metaverse Architects combine their experience and expertise in virtual reality, augmented reality, crypto finance, gaming, gambling, deep tech, media, and advertising to help launch metaverse projects for entrepreneurs and investors looking to break into the web 3.0 space.
Therefore, Mirkwood Ethereal has built a team of metaverse architects and added as part of their offer under the ‘metaverse development’ category.
Metamundo is another firm who has recognized the value which metaverse architects present. However, the main difference between Metamundo and Mirkwood is their different style of approach in building an open metaverse.
Metamundo uses the NFT marketplace as a tool to find metaverse architects in contributing to the open metaverse.
💯 Latest relevant news with many anticipated events
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⚠️ Disclaimer: Information is for educational purpose and not financial advice