Categories: Blockchain

How cross-chain games give users a first look at the metaverse

Society is moving towards a new form of digital ownership with a larger economy and a blockchain-based metaverse. The term “metaverse” is often described as realistic and is based on augmented reality in a virtual world. Most recognize the concept as it appears in several futuristic science fiction films such as Ready, Player, One, Minority Report, and Avatar. However, the concept quickly gained traction from the tech industry and made it more possible than ever.

The metaverse is viewed by many as a natural evolution of what comes next after what people have been doing on social media. Industry experts believe that people are looking for new places to interact with each other, earn virtual likes, and gain recognition. Others, however, see the metaverse as an opportunity to make life more child-friendly in an environment that is not restricted by today’s social structures.

There is currently no clear definition of a metaverse, although developers agree on a few attributes if necessary. While many representatives of the metaverse have a strong focus on games and entertainment, technology experts say the concept of the metaverse needs to encompass more. Other attributes considered essential include a fully developed economy and unprecedented interoperability so that users can carry avatars and goods from one location to another regardless of who is “user dependent” for a particular part of the metaverse.

Unfortunately, before the metaverse became a reality, there were some questions about how much interoperability was. Some believe that a metaverse requires a single operator, while others believe that a heavily involved decentralized platform is needed.

While some debate continues here, one truth continues to reverberate: the sheer number of different blockchains has created a complex ecosystem that needs to be resolved before the metaverse goes live. .

Try to isolate

As new use cases became more common, more blockchains emerged to meet each specific need. While many chains have successfully solved the problems they raised, many solutions have increased the number of chains isolated. The main problem is that the data stored in the chain is limited to the chain or strings from which it is generated.

In practice, this means that users cannot even exchange Bitcoin (BTC) for Ethereum (ETH) without going through a centralized exchange. It is also not possible to send tokens such as USDT from the Ethereum blockchain to the Binance Smart Chain (BNB), even if both chains support the token. The same goes for any digital asset represented by an indivisible token (NFT).

More details from the land of evolution here

As the current blockchain world exists, there is therefore no way for anyone to take full advantage of ledger technology unless users are willing to join multiple chains. In addition, the lack of interoperability between chains has become a major problem for new users who must spend time learning the technology that is already very new and complex.

For blockchain, this means that the pressure on cross-chain technologies has increased amid concerns about reducing platform fragmentation and the NFT market space. Tech companies continue to push for interoperability. However, gamers may live in a world where NFTs can be transacted with anyone, regardless of what blockchain they are using.

Achieve cross-chain compatibility

The Evolution Land game offers a potential solution to NFT interoperability as a DeFi (decentralized finance) and NFT cross-chain game used by Darwinia Network. According to the team behind Evolution Land, “The multi-chain Web 3.0 world has not yet arrived, but Evolution Land has created a world in the metaverse.” However, the game will also act as a multi-chain NFT gateway, with support for multi-chain NFTs such as Crypto Kitties and PolkaPets.

The game can be described as a cross-chain, business game and virtual simulation. In it, users can buy and sell real estate, manage their space, grow crops and build buildings, collect and trade NFTs, hire others to help mine the elements of their land on 26 continents, each representing a different blockchain. There are currently five continents, including one based on Ethereum called the Atlantis continent and another based on Tron (TRX). Players must comply with administrative parameters, including business tax rates. However, this is determined by the player.

Each player uses an avatar called Apostle, which can be purchased using RING, the game’s native utility token. Everyone has special genes and talents that determine their abilities, just like everyone else in the real world. Healthy apostles can even produce healthy children whose genes are determined by their parents’ genetic algorithm, which means that they can inherit any genes or mutations from their parents as well.

Players use the game mechanics to make money and have the option to use these apostles to mine resources, own NFT land, and employ NFT miners known as “drills”. Users can choose to keep their NFTs or sell in the market for coins that can be converted into real cash. In addition, 70% of the revenue from the game is shared with the players, which means that the entire community has a chance to participate in the success of the game.

More than ten projects have announced plans to build a community in Evolution Land to showcase the project and return rewards to community fans. As a result, the game’s DeFi farm’s APR is more than 1000% so far and the price of resource tokens has increased by 20 to 60 times.

The team, now recognized as one of the 15 highest-volume ETH gaming projects, will continue to look for important updates in the coming year. Developed to be both self-developed and extensible, every developer has the opportunity to create their DApp in the Evolution Land game and develop the game long into the future.

Disclaimer of liability. Cointelegraph does not endorse any content or products on this website. While we strive to provide you with all of the important information we can obtain, it is recommended that readers do their own research before taking any action regarding the company and assuming sole responsibility for their own decisions. This article should not take into account investment advice.

Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page

.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Market Overview (Dec 16 – Dec 22): Altcoins Stall, BTC Faces Strong Pullback

MicroStrategy buys 15,350 BTC; Ripple launches RLUSD; Lido exits Polygon; BTC drops post-ATH; reduced liquidity…

5 minutes ago

Bybit Proof Of Reserve Shows Changes In BTC, ETH, And USDT

Bybit Proof of Reserve reveals BTC holdings at 50,412 (-8.55%), ETH at 525,641 (+8.11%), and…

2 hours ago

Bitcoin Spot ETF Inflows Reach $449M With BlackRock Leading

Key Points: Bitcoin Spot ETF Inflows totaled $449M, led by BlackRock’s $1.45B contribution. Ethereum Spot…

3 hours ago

Best New Meme Coins to Join for 2025: BTFD Coin Leads, Popcat Keeps It Purr-fect, and Non-Playable Coin Hits Gamers Hard

Discover the Best New Meme Coins to Join for 2025. BTFD Coin's price rollback offers…

4 hours ago

Solana memecoins crash while DTX Exchange hits 100,000 TPS on layer-1 blockchain

Discover how DTX Exchange's historic achievement of 100,000 transactions per second on a layer-1 blockchain…

5 hours ago

Strategic Bitcoin Reserve Expected to Cut 35% of US National Debt by 2049

VanEck suggests the U.S. could reduce its national debt by 35% by 2050 through a…

5 hours ago

This website uses cookies.