Metaverse Miner — Opportunities Under the Metaverse Boom
If you are concerned about the technology field and blockchain,you should often hear a concept this year — — Metaverse, whether it is a game manufacturer or a cryptocurrency field, now it is also creating games with related concepts.
So what is the Metaverse? Defined by the network: it is a parallel world, a virtual world parallel to the real world and always online. To understand it more vividly, we should mention a movie 《Ready Player One》, which tells a story that takes place in a virtual world game. When the protagonist wears VR glasses, they switch from the real world to the virtual scene.
The reality is still far from the movie, but there have been some preliminary attempts in this field. In the current metaverse concept games, players can usually choose an identity, and there are also some economic models. Players can find survival or profit models from themselves.If the development goes further, this type of game does not even need to be designed by a subject, and players can create rules and patterns by themselves, just like real life does not have a set script.
After understanding the concept of metaverse, you may also have a question, do we really need metaverse games, or are they just a marketing “gimmick”.
The development of the Internet has greatly enriched and expanded our lives. Nowadays, people can buy global products with just a few buttons, so can we also extend the length of our lives? Through Metaverse to experience the lives of different characters, have different assets and social relationships, and accomplish things that cannot be done in real life. I think there will be demand in this area, and this field will show great potential in the future.
And this is not only the author’s personal thoughts. Affected by the 2020 epidemic, the development of the entire world is also going online and digital. People are gradually adapting to social activities in virtual scenes, like the social elements game Animal Forest Meeting and Roblox.There is also more and more capital investment and attention to products related to the metaverse concept.
Roblox Game Characters
Of course, people will say that “The Sims” games or “Virtual Reality” are not new, but it should be noted that with the advancement of blockchain technology in recent years, the upsurge of cryptocurrencies has driven the development of non-homogeneous tokens — NFTs. When a token that can be freely circulated without an intermediary meets a “virtual world”, which gives transaction value to the assets in the game, everything becomes different. They are no longer just a kind of leisure time entertainment as before. For players, this will become a new field of entrepreneurship, which can also make money during the game.
This is also one of the main reasons why some metaverse concept games are very popular in the crypto world today.The Alien world, which focuses on mining and NFT collection, has exceeded three million users in just a few months.There is also the wizard PVP battle game Axie Infinity,during the epidemic period, it has brought more than the average salary of the country to Filipino players.
Axie Infinity Game Battle
However，the biggest problem with most Metaverse games today is that there is no inherent circular economy. The huge profits of players mostly depend on the influx of new external players. Once the increase is difficult to maintain, it will lead to economic losses for players and the loss of a large number of users.
In response to the pain points of metaverse games, Metaverse Miner came into being. It is a blockchain GameFi+NFT game designed based on the “Dual-Circulation” economic model.
The improvement of Metaverse Miner relative to games of the same type is that the token in the game has a super deflation mechanism design, unlike many projects that are issued in large numbers, creating high returns in the short term to attract players, but it is difficult to maintain in the long term.
The other is different from traditional NFTs that mostly benefit from buying and selling, and cannot achieve “one-time investment, continuous benefit”. Metaverse Miner introduces Defi empowerment to provide players with longer-term stable revenue capture opportunities.
The above picture is the overall economic model of the Metaverse Miner game. META is the only circulating token in the game. Its maximum supply is 21 million. Excluding the team, private equity and ecological funds, 70% is produced by game mining.
There are two main types of characters in the game: “Star Master” and “Star Lord”.
The Star Master can own the ownership of one or more planets and the corresponding NFT tokens, which are obtained through auctions from the platform.And the Star Master also can obtain income by renting out the resources in the planet and selling miners.
There is a certain threshold of funds in the early stage of becoming a star master. For more players who cannot become a star master, they can become a star lord by purchasing miners from various planets. The 95% of $META token mining on the platform is mined by the miners. As long as they pay a certain amount of “rations” for their miners in the early stage, miners can start mining to obtain META. This part of the main income comes from mining. Of course, Star Lord can also purchase multiple miners to increase the rate of return.
At the same time, there is also a role outside the game that is the META holder. For players who do not have much game energy, they can also choose to simply hold tokens to enjoy the profits brought by the overall game value increase. The exchange provides liquidity to earn transaction fees.
The above is a rough gameplay of Metaverse Miner. Similar metaverse games are not few in the market. Why should we choose to pay attention to it?
Although the game has not yet been launched, from the preliminary information and design patterns, we can see the advantages and growth potential of the game:
1. The scarcity of META tokens: Most competing games set up internal tokens for inflation to attract more players in the early stage. Metaverse Miner’s economic model has designed a large number of destruction mechanisms to maintain the value of META , 80% of the planet auctions are directly burnt, and 70% of the NFT transaction value sold in the planet is used to repurchase the META and burn. As players grow and the total amount is limited, it can be said that the META in the system will become more and more scarce.
2. Multiple game character design: At present, many popular in-game player roles on the market are very single. For example, Axis must purchase three Pokemon to enter the market. As the number of users increases, the entry barrier is also increased, which brings many novices and risks for new users.In Metaverse Miner, players can choose according to their own situation. If you don’t want to invest too much in the early stage, you can start with a low-cost miner. You can also enjoy the benefits of game growth, which will also enable the game to form long-term natural growth. , And will not appear when the value of game tokens is too fast and the threshold for new players is too high, falling into the dilemma of unsustainable growth and priceless market.
3. Combining NFT and Defi to focus on long-term gains: The concept of metaverse is still in its early stages, and many projects only focus on issues such as UI interface, user experience, and playability. Lack of the design and value maintenance of the token in the game. In addition to the combustion mechanism settings mentioned above, Metaverse Miner also integrates Defi and NFT to provide players with multiple benefits.
Moreover, a certain proportion of the planet NFT sale and pledge mining are used to add liquidity of the META/USDT trading pair, which can improve the stability of the game and provide players with long-term income. For players, whether they can obtain long-term gains is also an important part of the project selection.
Conclusion
At present, the game has not been officially launched, and more details of the gameplay are yet to be explored. Usually, there is a bonus period when the meta-universe game is launched in the early stage, which is worthy of our attention.
