🌚 What is the Moonland Metaverse?
Despite the temporary decline in enthusiasm surrounding metaverses and Play-to-Earn, the sector continues to attract investments. In January 2023, a total of $156 million was invested in ten blockchain gaming industry ventures, indicating that the vision of an immersive social and gaming platform in virtual reality remains alive. Among the notable investments, QTUM has provided funding for the development of its own metaverse called Moonland. This demonstrates ongoing interest and support for the advancement of virtual reality and blockchain technology in the gaming industry.
Set in outer space, Moonland is a brand-new gaming metaverse built on the Qtum blockchain, where players can explore the surface of the moon, perform various missions, and battle against vicious monsters or other players.
Like most blockchain games, the in-game economy of Moonland will center heavily around NFTs, which are used to represent in-game assets.The Moonland metaverse uses its own native utility token, known as Mooncoin, to facilitate in-game transactions, acting as a medium of exchange within Moonland’s economy.Mooncoin allows users to accrue real-world value by gathering more items and resources reminiscent of the Play-to-Earn concept.
While it is still early in development, Moonland already has a detailed roadmap ahead for 2023. With the initial funding from QTUM, The team is also currently creating the initial characters, environment, and soundscape of the metaverse, placing equal emphasis on aesthetics and sound design.
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