NFT Project Releases First GameFi Metaverse On Unreal Engine 5

Metaverses seem to be all the buzz these days. But, while tech companies are betting their future on it, there are still many around the world trying to figure out why we need something like a digital domain. While there are several reasons for this question, including empowering creators, gamers, non-fungible token (NFT) collectors, influencers, brands, event creators, and marketers, and building the reality of social media, the reality is that everything will be overlooked without proper focus. on the development itself.

The metaverse is generally positioned as an increasingly immersive experience, comparable to the real world. Therefore, if high quality graphics, such as those found in AAA games, are not present, there is little chance of convincing a group of digital skeptics that this reality is worth embracing and presenting. the future defined in the project’s mission statements. Therefore, a new generation of metaverse projects is needed that takes a step forward from poor graphical worlds rather than a step back, as in first-generation projects that integrate technology at the expense of experience. user (UX).

work of art is just one of the projects aimed at changing that narrative. Unlike previously developed platforms, Artyfact is the first metaverse built using Unreal Engine 5, a tool said to be capable of delivering the most advanced real-time photorealistic visuals and immersive experiences.

With AAA-grade experience, the GameFi project allows users to explore the metaworld, play different gambling games to win, view, buy and sell NFTs, and organize events, among others experiences. As a metaverse, these experiences will all be linked to the project’s own economy built into the ARTY native cryptocurrency.

The distinction is perhaps best exemplified by Artyfact CEO Oleg Boystov, who shares, “Humanity is ready for a new stage of immersion in the digital world –– immersion in the metaverse.

In this mission, the team has since received support from Eternity, X8 Fund, Blockchain Invest, Capfinex, and Metehead, among others.

Where battle meets adventure

The Artyfact Metaverse is designed to become a user’s digital home in a larger virtual world. The platform works with its own economy and its own laws like a virtual world while relying on an architectural element like a metacity. By living in a metacity, users will be able to buy a personal space and participate in various exciting activities, just like in the real world, and one day resell, even partially, their space to other citizens.

The metaverse will be divided into two sections: urban and gaming. While the urban area will become a place for NFT exhibitions, virtual meetings, concerts, shopping and parades, the games side will include special arenas for NFT games. Here, the game types will include battle royale, racing, and adventure.

To start participating in these games, players will need to make a contribution using ARTY or NFT. By placing in-game assets, the incentives will be maintained and winners can win big by receiving contributions from all participating players. Similarly, urban activities will have areas dedicated to the creation of 3D NFT marketplaces. Trading in this manner demonstrates a next-gen fundamental market since first-generation metaverses displaying 3D NFTs are unusual.

More information about artyfact here

However, the appeal doesn’t stop at the everyday user. Instead, the Artyfact ecosystem brings several benefits to brands and influencers, focusing on the advertising aspect in the metaverse through the metaworld billboards. For brands, this means increased recognition, and for billboard owners, a method to earn money through advertising. The consumer will also be able to foster deeper connections with brands, with possibilities such as cooperative play, the creation of virtual goods (merch) and event sponsorship.

MVP output

The team now has over 70,000 followers on their multilingual social media channels and recently completed Minimum Viable Product (MVP), continuing with their primary goal of launching the Artyfact Metaverse beta in Q4 2022.

Warning. Cointelegraph does not endorse any content or product on this page. Although we aim to provide you with all important information we may obtain, readers should do their own research before taking any action related to the company and take full responsibility for their decisions, and this article cannot no longer be considered as investment advice.

We wish to give thanks to the writer of this post for this incredible material

NFT Project Releases First GameFi Metaverse On Unreal Engine 5

Visit our social media profiles and also other pages related to them