- Blockchain technology may have its first real-world application in the form of Social-GameFi
Blockchain Application History
In the last several years, there have been many novel blockchain applications. However, the most acceptable real-world applications of this technology are yet to come, according to experts. The metaverse, the internet’s next realistic version, is seen to be the best place for this to take place. The metaverse enables anybody to explore a virtual world that connects multiple settings. According to most people, the metaverse is confined to virtual reality (VR), yet this is not true. Interactive and real-world elements will be available, and the ability to move about (or teleport) and use strategy and problem-solving in a digital environment. 3D avatars that represent humans may interact with the metaverse, much like Ready, Player, One.
However, the notion of metaverses is still a relatively new one that might develop over time, particularly if huge internet giants like Facebook (now Meta) and popular play-to-win games begin to explore this idea. It is an example of a play-to-win game that allows players to engage in the metaverse, and Playermon is one such example. With the potential for third-party income, the team intends to benefit the whole ecosystem.
Real money is exchanged for in-game currency as part of a more complex game economy possible in this form of play. Through the fulfillment of tasks, the game itself provides tokens known as SGEM, which may be acquired. Playing the game for lengthy periods is possible because of its cheap entrance charges and the potential to earn real money by evolving characters and taking part in war scenarios.
Regarding The Company’s Design, CEO And Co-founder Ji Sheng Tan says,
“A play-to-earn concept is an excellent option if you’re trying to make additional money while playing a game. Players will like the social aspect of the gaming metaverse, but the concept itself will change the gaming business and allow gamers to become crypto investors.”
Preparing For The Date Of The Launch.
A non-fungible token (NFT) will be used in the game’s metaverse to allow players to purchase, hatch, and interact with their favorite Playermon in December 2021. Because of this, this game is presently classified as a “Social-GameFi” project that goes beyond the typical play-to-earn model. Metaverse magic occurs when players may get together in a yield guild and build their scholarship program. In addition, players can make money by playing the game or exchanging in-game assets via products. However, this is only the beginning for Playermon. In the non-NFT gaming sector, about 4 billion users, 200 million cryptocurrency users, and only 2 million gamers play to make money (P2E).
These figures illustrate the game’s enormous potential for mass acceptance of digital money itself. Launchpad will be released on November 18-19. A token generation event (TGE) will be placed on November 22nd. Finally, the initial version of the game will be released on December 22nd, all of which will be important for the project team in conceptualizing the metaverse. For this reason, we’ve put up a series of events that encourage users to unleash their imaginations and develop and visit other players’ worlds. After these events, people will be able to see for themselves what the next top social and creative metaverse will look like.
Focused On Long-Term Gain
In order to make Playermon a success, the developers and other supporters have invested a tremendous amount of time and money. In order to ensure that the game has enough tokens to pay for the work, the team tokens, gameplay tokens, and treasury tokens were all vested for ten years.