Weekly Roundup: Still out of the Metaverse? - 600M reasons to get involved NOW
This is Leonardo here in another edition for the GameFi Corner. I hope you had a fun Saturday and a restful Sunday after weeks of blood on the streets (and seems like there’s more to come, since the weekend pump didn’t last for long… back below $30,000!).
However, I’m writing to you to bring you hope, because a bear market is the best season to buy projects that have the potential to bring you a sweet ROI, as opposed to chasing green candles during a booming bullish run.
In this edition, I’m going to talk to you about the hottest metaverse projects and news, and bring you 600 million reasons to get involved now. I’m talking seriously, so let’s speak facts.
Just In: Andreessen Horowitz Launches a New $600M Metaverse Fund
Perhaps you have read that Zuckerberg is losing billions on metaverse investments, but he remains confident that it will turn out in his favor in the coming years.
He’s not alone in that sentiment, because Andreessen Horowitz just launched a new $600M metaverse fund to support innovation in the gaming industry, in regards to metaverse integration.
He believes that the metaverse is going to be the future of the gaming industry, especially since the demand for amazing games will skyrocket (it already is booming). He firmly believes that games companies will play a key role in building metaverses, which will be an integral part of our lives in the future.
He argues that games have undergone a massive transformation in the last 10 years, and that such a wave of innovation will only keep growing stronger thanks to the metaverse. With functions such as microtransactions, Web3 tokens, P2E, immersive gaming experiences and endless monetization options, the metaverse is what gaming needs to reach the next level.
This type of news, especially during a bear market, brings you a clear view that big funds and players in the industry REALLY believe in metaverse projects. With the prices so cheap now (and likely to get even cheaper, so always DCA), it’s a good idea to bring metaverse projects a space in your portfolio.
The Mirror: The Shopify of the Metaverse Is Here
The mirror is to the metaverse what Shopify is to eCommerce, an easy way to develop, deploy and launch projects, in this case games, apps, and platforms. All in all, the Mirror promises to bring developers all the tools they need to develop fully-running, equipped metaverses.
What the Mirror proposes is key to make the metaverse something viable. Just like Ethereum made it easier for developers to create apps thanks to smart contracts, the Mirror is trying to do the same in the metaverse, to save developers time and money, while bringing them the power to launch fully-working apps and games.
For now, the Mirror is launching a set of templates that developers can use to create terrains, environments and gameplay frameworks in the metaverse. All within the click of a button, bringing both developers and non-metaverse-savvy users the opportunity to deploy their own metaverse applications.
More good news to the metaverse in general, since it means that there are companies working hard even amongst this crypto winter. After 9 weekly closes in red, this sets a good time to start accumulating cryptocurrencies.
The Games in the Metaverse Are Here Thanks to the Avocado DAO partnership with Arcade Galaxy
The sentiment of this newsletter is all about the metaverse, in regards to GameFi and P2E, and this news will bring you more reasons to pay attention to this crypto sector. Thanks to the Avocado DAO x Arcade Galaxy partnership, now you will have a new P2E game to play.
This NFT arcade that lives within its own metaverse, brings you the chance to compete in battles and tournaments by using “Cubs”, the inhabitants of this virtual reality. Half cube, half animals, these NFT creatures are the characters of this game, bringing you the chance to earn tokens ($RCADE and $LFG) as well as selling the “Cubs” for good profits (once the bullish market comes back!).
You can try the game for free, since Arcade Galaxy brings you the option to start public and private games without paying a single token.
Once again, it’s good that more projects keep investing in this sector despite the conditions of the market. If they keep going strong, once the bullish sentiment is back, you can expect it to make great moves.
Join the Closed Alpha of Gensokishi Online - The Biggest Metaverse Game of 2022
If you are not ready to invest in metaverse-P2E projects because you’ve run out of capital, or you feel like cheaper prices are yet to come, then you should join the closed alpha of Gensokishi Online, the biggest metaverse game of 2022.
If you manage to get in the closed alpha, then you stand the chance to win a limited edition NFT, as well as other rare NFTs based on the point system once the test has concluded.
Now that you know that spots are open, then go for it. Because these rare NFTs could end up costing a lot of money in the future, so it’s better to get in early.
That’s it for this weekly roundup, with a clear focus on Metaverse in regards to GameFi/P2E.
You can write to me to let me know what projects you liked the most, or which ones you’d like me to research (especially when we launched the premium GameFi Corner newsletter, with lots of exclusive insights, news, reports and more confidential data that will bring you an edge over the rest!).
Until the next edition, stay safe and keep accumulating!
Yours truly,
Leonardo Pezzia.
🙏 Thanks to our sponsor
👉 Algorand Virtual Machine Upgrade Fuels Simple, Even More Powerful Smart Contracts
👉 Interested for possible cooperation/sponsorship contact us
⚠️ Disclaimer: Information is for educational purpose and not financial advice