World Of Metasea

📖 CHARACTERISTICS OF HIGH-QUALITY GAMEFI PROJECTS (P2) We've analyzed the exploding GameFi projects, looking for commonalities of their success, here are a few key takeaways: 3️⃣ A good, long-term economic model In Crypto circles, if a good project does not have a good economic model, it is easy to fail. For GameFi, the economic model takes a more important place. It needs to find the right balance between longevity and incentive. 4️⃣ Public chain support and usage The public chain on which the GameFi project develops is also a very important aspect. Because the game is a highly interactive project, the public chain that supports the game needs to meet two core points: High speed and low gas fees. In addition, if the public chain supports the development of games on it, it will promote the development of the game and build the ecosystem, which will lead to the emergence of better and better GameFi projects.

📖 CHARACTERISTICS OF HIGH-QUALITY GAMEFI PROJECTS (P1) We've analyzed the exploding GameFi projects, looking for commonalities of their success, here are a few key takeaways: 1️⃣ Game method, game quality, KOLs GameFi projects need to have more creative gameplay, to be able to quickly attract users The game quality of the GameFi project should gradually get closer to Web 2 so that the game level and experience can be improved to meet the needs of users. If GameFi has the support of famous people, it can help the game get out of the circle quickly, increasing the success rate of the project 2️⃣ Resources For most projects, if they can get the help and support of high-quality employers, the success rate will be greatly improved and GameFi is no exception. Because the employer is the façade of the project's credibility, more importantly the employer can bring more resources to the project Cooperation with excellent projects in the game industry is also a very important factor. To be continued …

❓ What is the proper way to evaluate what to build into social games today, given that the ecosystem has changed greatly in the last year? (P2) ✅ Consider the cost of production: Successful games can take 7 to 9 people 3 to 4 months to build, and that's if the team knows what they're doing. If you're new to the space, increase your development time by at least 1 to 2 months. Social games may look simple but they're anything but simple to operate successfully. The hard work *really* begins when the game is released and you have to make it a commercial success (positive, sustainable cash flow). ✅ Focus on a niche market: That's my advice for a small game studio (which it sounds like you are). If you have 250 to 500K to develop and market your game, I'd suggest using it to build a niche product. A game with deep mechanics and gameplay. Good luck! You'll need some of this too.

❓ What is the proper way to evaluate what to build into social games today, given that the ecosystem has changed greatly in the last year? (P1) ✅ You need to be fairly well capitalized: At the very minimum you need 100 to 150K to market your game (not including your development and hosting costs). The type of game you're going to make needs to make more money than it will cost to market and maintain it. (read that last sentence again) ✅ Build a minimum viable product: Release your game as fast as you can with only the core features. Do not polish it to perfection. I'm serious: do not make it perfect! You'll run out of money faster than you think. You need immediate market validation and feedback (consider 1 to 2 months to iterate and determine if you have a viable product). If you're still iterating the game 2 to 3 months after release and it's not sustainable then consider killing the product. To be continued …

🪐 🪐 METAVERSE TRENDING: FORNITE MAKER EPIC GAMES AND LEGO HAVE PARTNERED TO CREATE A METAVERSE 🎮 1. Two of the biggest names in entertainment are coming together to create a metaverse for kids. Though details are scarce, it has been announced that Epic Games and Lego are creating a new virtual experience. “We are excited to come together to build a space in the metaverse that’s fun, entertaining, and made for kids and families,” Epic CEO Tim Sweeney said in a statement. 2. Gary Vee’s @veefriends and @metarelics have entered into a partnership to provide utility to holders of each collection. The print partnership has been announced today - and adds more utility to the already utility-rich Vee Friends - and the first of many surprises to come for @metarelics holders. 3. This week, Starbucks CEO Howard Schultz announced that the coffee chain would be entering NFT business by the end of 2022. ❓ What do you think Starbucks’ NFT plans are? Let us know below!

💬 Explain the relevance of NFTs with Metaverse 🪐 ✔️ NFTs are essential pillars and critical assets of the Metaverse asset flow and ownership. Being a digital representation of basically anything in the form of a token, NFTs can be collectibles, art pieces, luxury goods, pieces of virtual land, rewards, or even entry tickets. ✔️ The distributed nature of blockchains makes NFTs difficult to hack. They are unique and can be purchased with digital assets in circulation within Metaverses. ✔️ How are NFTs and crypto helping Metaverse evolve? Crypto is a financial backbone of Metaverse, and the whole digital asset market has been steadily growing in capitalisation over the past years. ✔️ It enables a smooth flow of a decentralized financial system, but a proper infrastructure is essential here. Metaverse is decentralised by nature, so it’s a key to enabling what we call the creators economy.

🔑 GameFi 2.0: New ‘labour-to-earn’ models 💸 💡 Smart contracts allow upgrade the current coordination mechanisms that convert human input to capital, resulting in brand new "labour-to-earn" models and increasing the number of feasible earning opportunities available to previously underserved people around the world. New ‘labour-to-earn’ models include: ➖ Learn-to-earn and participate-to-earn, where users are paid by the protocol for simply using it ➖ Create-to-earn, where users can create art (through NFTs) and playlists to earn network tokens ➖ Play-to-earn, by far the most developed of the categories, allows players to participate in the development of the game and earn simply by playing ✔️ The crux of this is that individuals are now able to collectively form complex contractual relationships even in the absence of a third-party human coordinator. That’s a paradigm changer for human organisation and resource management.

🔑 5 TRANSFORMATIVE FUNCTIONS OF NFTS ❗️Significantly, metaverses hold great promise for a more open and fair economy – one that is decentralized and backed by the blockchain. But, in essence, NFTs will serve as the gateway to a metaverse, as they empower the identity, community and socialization the metaverse economy is being built upon. ✅ Opening the next frontier of gaming ✅ Advancing the creator economy ✅ Unlocking new social experiences ✅ Bridging physical and digital worlds ✅ Building up the virtual real estate market 🪄 While it may be fairly straightforward how NFTs enable ownership and virtual identity, the metaverse model creates an interoperable environment with seemingly endless possibilities for consumers to gather, socialize, play, earn and transact. 💡 Therefore, looking forward, businesses must move the needle on their NFT investments from exploration to activation, as NFTs are the linchpin for creating value and engaging users in the metaverse economy.

🪐 METAVERSE TRENDING: ALL NEWS ABOUT METAVERSE! 🌟 Happy Tuesday Metasea fam! Let’s get right into our news. 🤝 1. Ubisoft has said that the metaverse is the next step for gaming - and has set its future sights on blockchain and NFT gaming. 2. Billie Eilish appears to be the latest in a string of high-profile artists and creators with their eyes set on the metaverse 3. Former Disney CEO Bob Iger (and his avatar) are entering the metaverse. Iger is investing in and joining the board of @genies, a company seeking to own the virtual avatar market. 4. Meta has announced the Metaverse Culture Series - a first-of-its-kind virtual reality initiative positioned to create a more accessible entry point into the future of tech for historically excluded communities through unique VR experiences. 5. Two of the biggest names in entertainment are coming together to create a metaverse for kids. Though details are scarce, it has been announced that Epic Games and Lego are creating a new virtual experience.

🔥 GAMEFI 2.0 - LATEST PLAY-TO-EARN TREND YOU SHOULD EXPLORE 🎮 GameFi is a craze attracting a lot of people to play to make money. But with the development of technology, how will GameFi "evolve" to the 2.0 generation? Is it easier to make money? Will Gameplay be more fun? Let's explore together! ✨ This is exactly what GameFi 2.0 is going to explore, with the addition of the attribute "decentralization": - Encourage players to communicate in competition through a competitive game mode; and complete the asset interaction within the economic model in the process; - Relying on game content and DAO to establish a social community, and use cultural symbols to give NFT value; - At the same time, the profits obtained by traditional game manufacturers are distributed to community users in a decentralized manner 💫 Only in this way can the internal economic cycle of the game be completed, so that the game can achieve strong continuity, and at the same time, most users can obtain "P2E" benefits. This is GameFi2.0.