NextEarth.io. Learn how gaming starts a free-standing community with creation of cryptocurrencies and NFTs.
Transparent Digital Land Purchasing Platform.
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2. NextEarth.io
The metaverse exists virtually and offers a variety of virtual environments,
experiences, and assets. One gains entry to this new and potentially highly
profitable economy by owning a cryptocurrency or a non-fungible token (NFT).
The key to successful economic growth within the metaverse is integration.
Metaverse is freedom. The freedom to own property is critical. It creates
numerous financial incentives to satisfy the drive for wealth. Most importantly,
it does not limit one’s creativity.
METAVERSE
ECONOMICS
3. NextEarth.io
THE FUNDAMENTAL THEORIES
BEHIND BUILDING A GAMING
ECONOMY
As gaming develops in complexity, with currencies and NFTs being created,
used, and exchanged, a free-standing economy starts to form. Understanding
the fundamental theories behind the economics of gaming is crucial.
https://departmentofplay.net/the-principles-of-building-a-game-economy/
4. NextEarth.io
'Taps' and 'Sinks' - resources, where they come from and go to (e.g.,
virtual currency and shops)
The 'pinch point' is the balance between the taps and sinks to keep the
players motivated
Inflation is a tool used in the balance and monetization of a game.
'Anchor Values' (e.g., time spent earning currency) is the basis on which a
gaming economy is built.
Overpowered mechanics ('OP') need adjusting when unbalanced 'anchor
values' threaten to make a game dull.
In short and simply put, the following factors
contribute towards a successful game:
5. NextEarth.io
The plan is for gaming companies to partner with each other, thereby
growing this lucrative economy and benefitting from it. With the advent of
cryptocurrencies and NFTs, the gaming world is looking to open up its
silos.
The potential for the multiverse to be the ‘host’ of all these makes it the
umbrella of future technologies.
By introducing blockchain and NFTs, players will have absolute
ownership, and as the masses catch on and join in, economically viable
metaverse will take shape.
Players can move assets between games, metaverses, businesses, and
virtual reality worlds.
THE FUTURE OF GAMING IN
METAVERSES
6. NextEarth.io
Virtual land platforms like Next Earth, whose core idea and key to success
have been formulated by enhancing the fundamentals of other successful
virtual projects, connect buyers and sellers in a transparent, decentralized
land ownership platform.
https://nextearth.io/
Every NFTs, virtual assets,
businesses, and games have a new earth -
Next Earth.