The blockchain gaming industry has been on the rise for some time now, with elements of decentralized communities and even NFTs infused into them. As the gaming sector continues to expand more and more, the influence of blockchain within it only increases more and more and also tends to reflect the current trends in tech.
The blockchain gaming industry has been on the rise for some time now, with elements of decentralized communities and even NFTs infused into them. As the gaming sector continues to expand more and more, the influence of blockchain within it only increases more and more and also tends to reflect the current trends in tech.
Now, one of the biggest concepts within tech and blockchain as a whole is the idea of metaverses, digital universes that we can interact with the same way as we do the real world. They are particularly prominent in the world of gaming given that most gamers are already used to virtual universes.
Meta Legends Announcement
One of the latest developments in this sector is from Meta Legends, a blockchain-based, NFT-centric gaming universe. The company has announced an upcoming NFT sale to raise funds for expansion as well as provide in-game tools and characters to players.
The sale in question will take place on November 24, 2021, and will feature 12345 NFTs which are referred to as legends for sale. The NFTs vary based on their levels, their rarity and each is created with hundreds of elements.
The NFTs, which are ERC-721 and hosted on the Ethereum blockchain, are an integral part of the ecosystem. Following the sale’s completion, Meta Legends intends to expand its ecosystem in a number of ways.
The first development will be the launch of an application called the Meta-Connect through which all Meta Legends users will be able to interact with each other. This includes being able to locate themselves on a map, as well as the ability to determine their NFTs’ value and store them in digital wallets.
After this, the metaverse will be created in which users can interact with each other and with material items alike. Some of these interactions include owning property and items, stacking their cryptocurrency, and physically exploring the landscape of the Meta Legend universe.
The Setup of Meta Legends
There has also been a lot of emphasis placed on the virtual economy of the metaverse. Players can rent land, weapons, and vehicles to other players in order to gain resources. Players that own property can also become virtual landlords as well as engage in yield guild farming.
Besides the ability to earn a virtual income, there will be many opportunities for exploration of this universe while playing as one of the unique Legends. These Legends can engage in space races and FPS competitions. Virtual events like concerts and festivals will also take place that users can attend.
The technology that the Meta Legends universe is built on is called Unreal5, a state-of-the-art game engine that can be used to develop metaverses. The management of Meta Legends has praised Unreal5, adding that it is one of the most suitable offerings on the market for Metaverse development.
“Photorealistic rendering, dynamic physics and effects, lifelike animation and built-in tools for advanced character rigging animation and performance capture streaming. It can create believable human and animal characters, massive scale reactive environments and film quality levels of VFX. Worldbuilding — including real-time landscape and terrain tools, sky cloud and environment lighting, real-time ray tracing and rasterization, are also included,” Maxime Hacquard said.
With the growth of metaverses within gaming and the numerous capabilities they offer, we are likely to see even more of them moving forward. Over time, the realism of the universes and the interaction possibilities are only going to get better. In the end, the company believes that the biggest benefit will go to the consumers who will not only be able to enjoy metaverse games but will also be able to potentially profit from them as well.
The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. The content was purely for informational purposes only and not intended to be investing advice.
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