🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

Play-to-Earn Metaverse Wizardia: A Real-world Monetary Rewards for successful Gameplay

Published 01/11/2022, 06:34 AM
Updated 01/11/2022, 07:00 AM
Play-to-Earn Metaverse Wizardia: A Real-world Monetary Rewards for successful Gameplay
USDT/USD
-
BTC/USD
-
ETH/USD
-

  • Wizardia builds on the pioneering technology of GameFi, NFTs, and Metaverse.
  • WZRD will be traded on prominent DEXs and CEXs.
  • Wizardia will be airdropping $15,000 in prizes to its community till Jan. 20

Wizardia immerses players in a fantasy realm overrun and warped by a menacing fog. This entails fighting other player-characters in PvP battle arenas, constructing home bases while contending with a finite resource environment, competing in tournaments, and solving puzzles with the assistance of other players in a cooperative game mode in gaming terms.

The game’s Play-to-Earn (P2E) features complement Wizardia’s lore-filled fantasy metaverse, in which players earn real-world monetary rewards for successful gameplay and can improve the worth of their in-game characters and things to earn both passive and active revenue in the real world.

Wizardia makes use of NFT (non-fungible token) technology to serve as both the player’s in-game avatar and the game’s economic base. NFTs can be upgraded by gaining precious resources during gaming and then sold for profit in an in-game marketplace. Items and spells, known in-game as Artefacts and Protospells, can be found, enhanced, traded, or simply kept and employed by the player to improve their chances of surviving in the game world.

Expanding the Cryptosphere With Metaverses and NFTs

Wizardia is a game that combines modern-day game mechanics with the spirit of independence embodied by the DeFi (decentralized finance) space. It is based on pioneering technology from the most recent phase of the crypto industry’s development such as GameFi, NFTs, and Metaverse worlds in an attempt to combine modern-day game mechanics with the spirit of independence embodied by the DeFi (decentralized finance) space.

Between 2020 and 2022, the emergence of DeFi, and more specifically, the blockchain gaming or GameFi space, which many commentators have credited with boosting the overall prospects and popularity of the crypto market, coincided with the historic rise in the value of Bitcoin, Ethereum, and a slew of other cryptocurrencies.

In November 2021, trade volume among blockchain-based games reached over half a billion dollars, and it continues to exceed $100 million daily. According to data from DappRadar, the number of people playing blockchain games will increase from 390,000 to over 1.4 million in 2021.

Gaming Profits

Wizardia’s slow sale of 28,000 unique Arena Founder’s NFTs will only serve a small portion of the overall DeFi user base, but it will have a significant impact as the game grows. Founder’s NFTs collect royalties from combat in the game’s Arena realm, generating passive income over time.

Early investors will also be able to purchase a batch of one-time offer ‘Magic Contracts,’ which provide direct ongoing exposure to the passive income created by the Battle Arena realm, which is only one of the Realm Wonders in the works.

The Wizard NFTs, which represent the player character in-game, are the second sort of in-game NFTs. The rarest NFTs, no matter how weak they are at the start of the game, will eventually outperform and outrank most other NFTs in the game world provided they are properly upgraded.

The in-game money will be the native utility token, WZRD, which will be traded on prominent DEXs and CEXs. Wizardia’s players will be charged with traversing a newly born universe and changing their own reality in the process, similar to the developers working in the DeFi space.

Throughout early January, Wizardia will be airdropping $15,000 in prizes to its community. Participants in the airdrop will get $12,750 in Wizard NFTs, $1,000 in Arena NFTs, and $1,250 in USDT (Tether), all of which will be distributed on Binance Smart Chain.

The airdrop will end on the 20th of January. To win the free contest, simply provide your email address.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.