The Crypto universe has been showing new boundaries in various fields from gaming to Finance, from IT to Augmented Reality (AR). This expansion is going to create the digital realities with the metaverse.
Metaverse has performed relatively well during this time and has improved the concept of digital reality into a new level.
Metaverses have been used in gaming successfully; however, it needs further development to create a great experience. Recently, a Swiss-owned metaverse, called DecentWorld, that is built on the EOS blockchain, has introduced the world to new solutions and features. Audrius Ringaila, a member of DecentWorld’s design team, says that this platform offers something different from what other metaverses bring to the market.
In this article, we aim to introduce DecentWorld metaverse to our readers and provide a guide about the various opportunities the metaverse brings to the market.
The DecentWorld metaverse
Let’s have a quick review over the concept of metaverse. A metaverse is a network of 3D virtual worlds that focuses on connecting people socially in 3D environments.
Metaverse comes with an immersive nature of experience that is one of its most thrilling and potentially useful aspects. The introduction of blockchain technology allowed the decentralization concept and improved the community participation in metaverse. Besides, Web 3.0 networks, cryptocurrencies, and NFTs are the innovations that underpin the metaverse concept.
Among all, DecentWorld, launched by Swiss Asset Management AG in March, is a Swiss-owned blockchain metaverse platform that is built on EOS blockchain. The idea behind DecentWorld is defined as “a work on an original inspiration”. Nowadays, people are experiencing a different phase of reality where “virtual” plays the key role.
DecentWorld offers a platform where people can visit any place on Earth and become an owner of Streets on the interactive 2D Map provided in the metaverse. Besides, DecentWorld allows users not only to mint, or trade scarce NFTs, but also to combine them into collections. Completed collections automatically start generating yield, which is accumulated and distributed on regular intervals. And if these collections are staked, they can generate yield for the owners. Ringaila stated that DecentWorld provides a possibility for the players to play with their Assets in an interactive and gamified way.
DecentWorld makes use of Swiss quality security features, such as KYC and user verification processes, two-factor authentication, and data privacy measures. The platform ensures the validity and transparency of transactions and data handling. Furthermore, carefully structured and sustainable tokenomics is provided in DecntWorld to further secure the reliability of the metaverse platform.
Currently, users can join this game through their desktops. According to the roadmap of the project, the team is planning to implement VR experiences, which will enable the players to fully immerse themselves in a virtual interpretation of the metaverse.
DecentWorld metaverse offers a wide range of digital real-estate opportunities as well as a possibility for business integrations. A few Billboards are provided in the 3D metaverse, which are available for business plugs. Therefore, any businesses who are interested in metaverse marketing is also available to advertise their brand. Users, on the other hand, can own their one-of-a-kind digital items in order to participate in the new virtual communities in DecentWorld. Let’s discuss it in details.
Advertisement Opportunities in DecentWorld metaverse
It goes without saying that metaverses offer great opportunities not only for individuals, but also for businesses worldwide. DecentWorld, that is based on the real world, can bring similar experiences to users with no limits. Therefore, all we may see in the metaverse can be easily encountered in the physical realms.
For example, DecentWorld has placed a few Billboards in Downtown Dubai, which can be bought by companies to advertise logos using images or videos. The team is also working hard to implement 3D Buildings as stand-alone NFTs so that the properties can be purchased by the users and businesses of various industries.
The team also suggests that the owner of these buildings will have an opportunity to rent them to third parties to host events, exhibitions, or stores in the metaverse. These features are considered as one of the fabulous aspects of DecentWorld since they will result in exciting cooperation and projects. This main objective in DecentWorld can not only create meaningful experiences for users, but also challenge the way users socialize, learn, and experience the world provided in the metaverse.
Will Digital Economies provided by the metaverse be sustainable?
Experts have a positive view toward the bright future of metaverses. However, it is the internal economy of metaverses that can create a fully-functional, scaling metaverse.
Today, the crypto market is loaded with digital assets and tokens that have no specific use cases or worth, which makes it an easy target for “pump and dump” traders.
Such condition emphasis on Sustainability as the key to sustain stable digital economies. Being aware of that, the most talented team behind DecentWorld chose the real estate NFT metaverse’s tokenomics to be as precious as swiss-watch and guarantee the best value for everyone investing in the NFT properties provided in the metaverse platform.
DecentWorld also has its own native cryptocurrency, DWRLD, to drive the internal economy of the metaverse. DWRLD is the standard utility token that is primarily used as a medium of exchange. Users are required to own DWRLD to make transactions, pay fees, and earn interest from staked Assets within the virtual world. This token not only offers users significant power in the platform’s economy, but also position itself as a sustainable tokenomics structure.
DecentWorld is on the road to gain new users with more attractive features and keep the audience entertained. Project map suggests lots of new and upcoming releases scheduled for this year: Unique Collections, P2P Marketplace, Mobile app, first 3D cities, and more. As the result, it seems that the increase in number of audience and the effort of the team behind DecentWorld could guarantee the sustainability of the project in the metaverse world.
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