Metaverse Giants Collaborate to Form DAO Metaverse Alliance

The blockchain metaverse giants have collaborated to form the DAO Metaverse called “Open Metaverse Alliance for Web3” (OMA3), which aims to bring together multiple virtual worlds to solve the key challenges of the metaverse and maintain users’ freedom of information.

Game developers joining the consortium of the Open Metaverse Alliance for Web3 include Animoca Brands, a developer of games and other applications for smartphones; blockchain-based game Alien Worlds; a consumer-focused flow blockchain product made for fun and games Dapper Labs; Decentraland; Star Atlas, and The Sandbox, etc.

OMA3 is established on a competitive Decentralized Autonomous Organization (DAO) structure, incentivizing the entire industry to share data ownership and attract user interaction from a more transparent and objective perspective.

The DAO, a form of investor-oriented venture capital fund, aims to provide enterprises with new decentralized business models. Community members come together and have the power to vote on governance decisions, create flexible workflows and allocate resources, enabling new decentralized business models for the entire team.

The official statement states: “We believe in a metaverse without restraining walls, where individual platforms are interconnected and fully interoperable. To realize this goal of an open metaverse, we are announcing the creation of OMA3 and inviting all blockchain-based metaverse companies to join.”

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Metaverse Giants Collaborated to Form DAO Metaverse Alliance

The blockchain metaverse giants have collaborated to form the DAO Metaverse called “Open Metaverse Alliance for Web3” (OMA3), which aims to bring together multiple virtual worlds to solve the key challenges of the metaverse and maintain users’ freedom of information.

Game developers joining the consortium of the Open Metaverse Alliance for Web3 include Animoca Brands, a developer of games and other applications for smartphones; blockchain-based game Alien Worlds; a consumer-focused flow blockchain product made for fun and games Dapper Labs; Decentraland; Star Atlas, and The Sandbox, etc.

OMA3 is established on a competitive Decentralized Autonomous Organization (DAO) structure, incentivizing the entire industry to share data ownership and attract user interaction from a more transparent and objective perspective.

The DAO, a form of investor-oriented venture capital fund, aims to provide enterprises with new decentralized business models. Community members come together and have the power to vote on governance decisions, create flexible workflows and allocate resources, enabling new decentralized business models for the entire team.

The official statement states: “We believe in a metaverse without restraining walls, where individual platforms are interconnected and fully interoperable. To realize this goal of an open metaverse, we are announcing the creation of OMA3 and inviting all blockchain-based metaverse companies to join.”

Image source: Shutterstock

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Blockchain Gaming Is Here To Stay, But, Is The Industry Facing Talent Scarcity?

Some say that blockchain gaming will inspire the next wave of cryptocurrency adoption. Play-to-earn games are certainly ever-present in headlines and conversations around the world. Are they close to mainstream adoption? Not in the slightest. The industry is just beginning and there’s a long way to go. The companies producing the games are well funded and make incredible amounts of money. However, they don’t seem to have that many employees.

Related Reading | The 100x ROI for Gamezone’s $GZONE Confirms the Viability of Blockchain Gaming

Besides being a nascent industry, blockchain gaming production requires a special set of talents that are not commonly found. This presents an immense opportunity for young students and people looking to pivot and make a career change. Since monetization is built in the ecosystem, chances are blockchain gaming is here to stay. And you can be a part of it. Let’s look at the numbers and you’ll see what we mean. 

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How Big Is The Blockchain Gaming Market?

In his report titled “Blockchain Gaming Beginnings: From Crypto Craze To Decentralized Fun,” author Joost Van Dreunen offers concrete numbers: 

  • How many people are playing? “Total addressable audience for blockchain gaming is still in its infancy. Mobile, PC, and console total 1.49 billion monthly actives.”
  • What devices are they using? “The platform of choice is PC, which includes browser-based (40% of total titles), local clients for Windows (16%) and Mac (6%), and Linux (3%)”
  • What blockchains are they interacting with? “The most popular blockchain is WAX (36%), based on an aggregation of top titles organized by protocol. Ethereum (10%) is much less prominent.”
  • However, “The success of Alien Worlds, which counted 1 million users in August, 2021, almost single-handedly accounts for the success for WAX.”
  • “There is a massive difference in popularity among the top titles: Alien Worlds has 59x more players than the #15, Zoo – Crypto World.”

WAXUSD price chart - TradingView

WAX price chart on Bitfinex | Source: WAX/USD on TradingView.com

What Else Do We Know About The Blockchain Gaming Market?

We found even more data for you, let’s dive into the Unique Active Wallets, courtesy of Naavik’s Blockchain Games report:

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  • Believe it or not, “DappRadar notes that games accounted for over half of blockchain wallet activity in the third quarter.”
  • Not only that, “blockchain gaming daily unique active wallets (UAWs) averaged 1.2 million in October 2021 or up 44% compared to September.”
  • Let’s dive deeper into those numbers. “The growth in UAW over the past month has mostly been driven by growth in Axie Infinity and Splinterlands wallet activity, which have increased 24% and 57%, respectively.”
  • This one mirrors the previous report. “The top title by monthly UAWs, Alien Worlds, has 10x the activity as the number ten title, Jelly Squish.”
  • September 2021 saw a decline in blockchain gaming, but the numbers are once again looking impressive. “Trading volumes grew 762% quarter-over-quarter in Q3 2021 to $2.32 billion.”

What’s All That Noise About A Talent Shortage?

The wildest stat in Van Dreunen’s report is the number of employees the most successful firms in the space function with. Dapper Labs employs 242, Mythical Games 123, The Sandbox 94. Projects that are on the news all the time suffer the same fate, Decentraland has 52 employees and Open Sea 43. Compare that to, “to 9,500 f/t employees at Activision Blizzard, 11,000 at Electronic Arts, 6,495 at Take-Two Interactive, and 960 at Roblox.”

While we could interpret that the data reveals we’re dealing with efficient companies, Van Dreunen thinks otherwise. “A year-over-year increase of +102% in headcount across top blockchain game devs indicates that talent is likely to become a major bottleneck in search of the killer app.“ It may be so, but, that was until NewsBTC published this article. Young people reading this will realize the immense opportunity it represents and will take the appropriate measures.

Related Reading | Blockchain Gaming Enthusiasts Can Now Swap ATRI Tokens Faster And Cheaper

Remember that, besides in-game monetization, these companies raise money for new projects constantly and with ease. That means, “Abundant investment money will force firms to compete on hiring experienced developers, engineers, and producers in the short term.” They’re dying to hire you. Go and get the necessary knowledge, this story is just starting.

Featured Image: Matryx on Pixabay | Charts by TradingView

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Alien Worlds Takes the Helm as the Top Blockchain Game, Approximately 11 Million Daily Transactions

Alien Worlds has emerged as the leading blockchain game with nearly 11 million daily transactions undertaken by more than 700,000 monthly active users.

shutterstock_2013585389.jpg

DappRadar, a leading portal for decentralized applications, undertook this study by tracking on-chain smart contract activity. 

Max Infeld, an NFT artist, praised Alien Worlds for taking off in less than 12 months and said:

“The Alien Worlds community has successfully inspired a generation of blockchain gamers to engage in the same intense cooperation and competition – mining, fighting, playing games and participating in governance – that is found in any earthbound community.”

Alien Worlds is a blockchain-based game that involves playing non-fungible tokens (NFTs), voting in elections, staking Trillium tokens to planets, and running for planetary council. 

Furthermore, this game is founded on a competitive Decentralized Autonomous Organization (DAO) structure that motivates and engages players on their virtual home called Planet DAO.

Alien Worlds has 3.6 million registered users 

The blockchain-based game’s popularity has not gone unnoticed since it was launched in beta version in 2020 because it comprises around 3.6 million registered NFT enthusiasts and game players. 

Kevin Wang, a partner at Longling Capital, noted:

“Alien Worlds started with a vision to make the most of NFTs and blockchain technology by building a social and economic structure that gamers could explore and enjoy in many different ways.”

NFTs have been taking different sectors by storm, including the gaming world. 

For instance, World Wrestling Entertainment (WWE), an American integrated media and entertainment company mainly known for professional wrestling, announced in August the gracing of pay-per-view event SummerSlam with NFTs inspired by 16-time world champion John Cena.

NFTs are blockchain-based ownership digital assets, and their value is pegged on their uniqueness, given that the tokens are non-divisible and have to be bought in their entirety. As a result, these traits create intrinsic value for NFTs because of their limited supply.

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Why Institutional Savvy Players Are Entering Alien Worlds’ Gaming Metaverse

The blockchain space is ever-evolving, with increasing competition arriving to capitalize on this new, digital frontier. For enterprises who wanted to generate profits from the industry without directly holding cryptocurrencies, mining was traditionally a suitable option. Currently, mining is dominated by multi-billion dollar firms, with savvy investors now looking for new aspects of the market to invest in.

Recently, one of the most popular methods of exposure has been through the acquisition of NFTs, an aspect that popular blockchain-based game Alien Worlds is highly benefiting from. With traditional blockchain mining opportunities drying up, no longer offering the ability to grab a stronghold over the market, investors are now focusing on a ‘planetary takeover’ where they can significantly influence the space; Alien Worlds looks to be the space of the future.

Financial Services Employees are Turning Into Gamers

In an online world with verifiably scarce assets, a majority of control over an asset would deem the owner responsible for the production rate of new assets stemming from their ownership. This is especially true in Alien Worlds, where individual planetary ownership dictates the staking production, NFTs, and usability of the digital land. We are seeing more savvy players coming into this realm, ranging from employees of New York-based hedge funds to employees of interdealer brokerage firms in Hong Kong, and the Alien Worlds team wanted to better understand why.

After conducting an in-depth analysis, the motivation of these participants is becoming more clear. Since they are no longer able to gain a significant stake in many mainstream blockchain mining networks, they are looking for new, high-potential platforms to achieve a controlling stake. Due to the dynamic nature of the Alien Worlds metaverse, they may be able to gain a controlling stake in an Alien Worlds planet and have the ability to dictate Trilium (TLM) flows and the future of the planet.

As the native currency of the Alien Worlds metaverse, control over TLM production through planetary acquisitions is becoming a viable way for financially astute players to exert control through investments. This may seem surprising at first, but with the rapid growth of NFTs and investors looking to capitalize on the latest trends before it’s too late, the concept of planetary takeover and domination makes a lot of financial sense.

One player, who preferred to remain anonymous, explained,

“I liked the idea of getting passive income from owning land and had seen how much the price of land had appreciated in other games, and loved the idea of being able to get in at the beginning. Also, just looking at the functionality that would be developed over the next few years I thought some of those would be interesting as a game and I wouldn’t feel like I’m just wasting money.”

This player in particular works as a software engineer at a large bank and started investing in blockchain in 2017. His activity in NFTs began after the lockdown started while working from home. Like with many newly found remote workers, the industry has provided an exciting learning curve to experience an emerging technology, mixed with gaming and passive income opportunities.

Why Alien Worlds?

Alien Worlds is a fully interactive gaming metaverse where rewards for game play and digital game cards are tokenized, giving gamers full control over in-game assets and how they are used. There is a robust internal economy in this universe, with Trilium acting as the means for storing, transferring, and earning in-game value.

In Alien Worlds, players can earn Trilium from mining and stake it to one or more planets, giving them voting rights for Planetary Council members, who then may determine the planet’s Trilium payouts, and future activities. Since TLM is mined through the game, it is quite a scarce asset, something that hedge funds and institutional investors have evidently begun to notice.

With all of Alien Worlds’ in-game opportunities, it has quickly risen to the top of the charts. Alien Worlds had a steady grasp as the most used blockchain game, but is now fighting for the number one spot as new games and increased competition enter the market. Still, Alien Worlds had more than 30,000 users playing its game during the last month, with just under 75 million transactions taking place over this time period.

Gamers now realize that something they previously viewed as a hobby is presently a way to earn value, spurring platform growth. This isn’t a small monetary sum either, with the top players in the ecosystem generating tens of thousands of dollars in income during the first two months. Established investors are taking notice, and they want in the game.

Dominating an industry sector is rare, but it is easier with large amounts of capital to allocate. People are starting to notice.The blockchain gaming and NFT ownership space is growing, and investors do not want to be left out of the potential gains. With the possibility of dictating Trilium outflows and NFT production, large investors are starting to get involved within the gaming metaverse.


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