Cryptocurrency attributes
Other attributes
MetagamZ is a ‘Metaverse of Games’, an immersive Virtual World where game developers can build and launch games with a number of value added DeFi features, that increase value for the community, making it more decentralized, transparent and focussed on user experience. Players can earn rewards and assets (NFTs) by playing their favorite games in the metaverse, while investors/token holders generate revenue via virtual land ownership, leasing and advertising. Small, medium and large game publishing enterprises can publish their games and convert regular online games into crypto games with the help of MetagamZ platform. While the gamers can discover and play the most promising and value producing games with trust and transparency of MetagamZ umbrella. Imagine roaming around in a VR space where game publishers have their own game districts, zones or buildings where their top VR and traditional games are available as P2E games. Gamers can enter buildings to view and engage with individual VR experiences and then jump into the games of their choice within the MetagamZ metaverse. Brand exposure, marketing, advertising and general exposure for all (large and small) brands, within and for the games ecosystem will also be offered as the ecosystem grows. An option within the game and ecosystem, to purchase products and services from the brands directly on the platform. But, players will first need to connect an AVAX compatible wallet, browse their favorite metaverse games and start playing.
The Gaming
Landscape
The gaming industry is growing at such a rapid pace that it’s predicted to
reach 3 billion gamers worldwide within the next few years. It also reports an
increase in market revenue of 8% per decade, meaning $200 Billion by 2023 if
current trends continue.
The gaming industry is a huge and fast-growing market without any
geographical or international boundaries. In 2020, the top 100 publicly
traded companies alone generated revenues in excess of $166 billion dollars
- accounting for around 94% within this overall revenue generator (with
advertising generating an additional large chunk). Tencent earned nearly all
that money last year with their massive 34% increase over 2019’s numbers
combined; nearly 10 billions more than Sony - the 2nd largest game publishers
worldwide.
By using the fundamental offerings of blockchain technology, such as
decentralization, transparency & security the modus operandi of the gaming
industry are being changed forever. The existing Pay-To-Play economics is
being radically transformed to Play-To-Earn where gamers are in control of
the economics. On top of the economical shift, the blockchain technology
also allows for integration of other technologies such as Virtual Reality to be
introduced into the mix to make everything more interactive, interesting and
valuable.
Popularity of gaming platforms like Axie Infinity, new Play-To-Earn economic
models and GameFi is at an all time high, building a source & store of
monetary value for the community. In the P2E model, the chunk of game’s
revenue no longer belongs to large and centralised gaming companies, but
rather, to the best gamers and gaming community of the ecosystem. As the
gamers are the ones who make the games popular and valuable.
Investors
MetagamZ is a ‘Metaverse of Games’, an immersive Virtual World where game developers can build and launch games with various DeFi features.