🤩NFT Bazaar GameFi Prospect ｜ Interoperable, Editable and Evolvable NFT Series On-the-go
To address concerns around the simplicity of play-to-earn games, a GameFi metaverse aims to create interoperability with editable NFTs.
With the current interest in nonfungible tokens (NFTs), many companies have started to develop NFT marketplaces to attract as many users as possible. The problem with that is because everything happens so quickly in the NFT space, user interfaces and processes at these platforms are confusing and complex for users, which pushes away a lot of people from the entire experience.
Currently, NFTs are designed to never be changed, limiting their abilities as digital assets. However, a solution may be underway. The DeHorizon Foundation has recently announced a new partnership with NFT interoperability Middleware, POD, to jointly launch the First ever Interoperable, Editable and Evolvable ERC-721 NFT “DeMeta Pass ID (DeMeta). DeMeta will allow users to have the ability to develop exclusive NFTs or reorganize other NFTs so that they can be minted into a new one. With the ability to customize their own NFTs, users will be more involved in developing the metaverse, placing them in a better position to embark on a journey to Web 3.0.
The metaverse is said to be the natural transition after Web 2.0, as players look for new opportunities to interact online. A migration period is a direct result of people spending an increasing amount of time playing video games online, setting the expectations that where they go, new aspects of society, the economy and the world as we know it will follow. As a result, games have evolved to include more complex gameplay, and more realistic scenarios, even allowing players to earn money in exchange for their gameplay, a model known as “play-to-earn.”
Before GameFi (Game+DeFi）are commonly adopted in the marketplace today, concerns around static NFTs and interoperability must be addressed, as both are crucial to the creation of the metaverse. Failure to do so will limit future development opportunities for players and lock in-game assets in a single ecosystem, limiting their utility.
A mainstream NFT standard
The DeHorizon Foundation aims to solve this by acting as the bridge between great artists, independent developers and award-winning celebrities, to position the platform as an interactive and decentralized metaverse game ecosystem. As the metaverse concept has continued to soar in popularity, users have likely witnessed many firsts, including a virtual concert in Fortnight and a CryptoKitty NFT. Although NFTs are increasing in usage, there has yet to be a solution for a mainstream NFT interoperability standard, in part what is holding back today’s games from being able to truly capture their audience.
DeHorizon is also developing their first-ever blockchain-based game DeVerse, built on the Ethereum (ETH) platform. In DeVerse, the metaverse’s financial system will play a crucial part in creating a sustainable play-to-earn economy. As the game continues to make strides forward, the DeHorizon metaverse will cooperate with other games to harvest NFTs and tokens in the future.
MORE INSIGHTS ON DEHORIZON HERE
Building an MMORPG game is believed to provide users with an opportunity to “play for fun and to earn” rather than just “play to earn.” The result is that players can participate in a gaming experience on the DeHorizon Metaverse that will one day become widely recognized and applied by more chain ecosystems. By doing so, the platform will be able to successfully lay the foundation for the digital civilization of the metaverse.
NFT: From static to editable
Taking a closer look at the DeMeta NFT, users will find that it comprises six attributes that can be replaced. Additionally, it will include a 256-byte character profile that the player can customize. Within DeHorizon, every detail is an NFT with rarity, each of the six replaceable attributes is randomly generated, and replaceable characteristics are eligible to trade in the future.
The second key component in the development of the metaverse is interoperability. Users must have the ability to take a character or other assets in the metaverse for gameplay on a separate blockchain with this capability.
Shane Zhu, the founding director at DeHorizon Foundation, shares, “Prometheus stole the fire from Apollo, but there was no payer. POD is one of those payers. As an intermediate platform, POD decouples the upstream and downstream applications in the NFT market, laying the foundation for more torch relays.”
The comparison to Greek mythology helps illustrate the beginning of civilization by introducing new characters, definitions, connections and classifications. Like the beginning stage of a new metaverse, everything is chaotic, and order must be cultivated.
An innovative NFT experiment
At the end of Oct 7, at 12:52 PM UTC, the first batch of №101 — №1000 DeMet had already been claimed immediately. This batch currently has 763 owners with a floor price of 0.099 ETH and a trading volume of 27.4 ETH.
Recently, DeHorizon just announced their $8.5M Pre-A Round, led by Sfermion, Dragonfly Capital and Everest Ventures Group. The new funding is said to help them to accelerate DeVerse’s development and grow their team better.
Meanwhile, DeHorizon’s global community is steadily scaling up. “We are in the early stages of the evolution of GameFi. For the next stage, a Metaverse Game Ecosystem is essential to make GameFi go further. That is why DeHorizon comes,” the team shares.
About NFT Bazaar：
NFT Bazaar (https://nftbazaar.network) is one of the most-used aggregators that offering up to hyper-efficient NFT markets to benefit not only NFT token holders, but digital artists, musicians, gamers and all kinds of lovers as well, while providing one-stop NFT issuance, bidding and exchange platforms with ease.
NFT issuance and transaction functions have now been officially launched in May 2021, with updated compatibility functions of enabling other major protocols & smart contracts in September. NFT Bazaar has never failed to becoming your handy NFT aggregator as well as exchange platform full of vitality, with full access to the Ethereum ecosystem, and compatible for Polygon Network (Matic Mainnet) and more major projects issued elsewhere available for transactions with multiple major digitalcurrencies, for instance, zUSD, Matic, USDT, etc.
At present, NFT Bazaar has collected 50,000+NFT contracts and 520,000+ on-chain transaction data, covering 9 categories such as art, collections, virtual world, sports, music, and games. The transaction data is updated in real time, which is far ahead of other similar platforms. In terms of transactions, it is estimated that the platform can support 1,000+ TPS and platform GMV will reach 1,000,000 US dollars/month. Although NFT Bazaar was just launched in 2021, it has fully achieved a marvelous average figural record of weekly UV 7,000+ and PV 10,000+, which further expected to reach MAU 50,000+ by the end of 2021 as to rank among the top 15 global NFT platforms.
Specifically for the Project Zero NFT series, NFT Bazaar has got the full support from three industry pioneers, Zerogoki, Duet Protocol and Muse Museum. If you want to know about us and our partnership networks, welcome to join us at:
Website: https://nftbazaar.network
LinkedIn: https://www.linkedin.com/company/nft-bazaar
Twitter: https://twitter.com/BazaarNft
Facebook: https://www.facebook.com/NFTBazaar/
Weibo: https://weibo.com/6128629014/
Medium: https://nftbazaar.medium.com
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