A new chapter in metaverse gaming opens this week with the launch of Bear Hunt from Bullieverse. Aside from the spectacular graphics and entertaining experiences, this new game brings to life new concepts that showcase the growing sophistication of metaverse gaming.
What Bullieverse is developing here could do more than redefine the gaming landscape. It could potentially also change the way people interact with and perceive traditional socioeconomic structures such as financial institutions, marketplaces, and governments. This is because a metaverse built on the foundations of Web 3 offers a proof of concept for a self-managed financial system, an open creative economy, and universal digital representation and ownership that lend themselves to a variety of emerging digital environments and forms of value creation.
Take Play-to-Mint, for example. This structure allows players to mint non-fungible tokens (NFTs) through their play. These can then be given additional functionality and used throughout the multiverse as avatars that carry digital identities. Many other NFT communities use NFTs only as digital images. Bullieverse brings these NFTs to life. Even before the game goes live, there are already 2,400 NFT holders in the Bullieverse ecosystem. In total, Bullieverse expects to have 1,000 players at launch, quickly growing to 10,000 by the end of the third quarter. These in-game NFTs can be traded on OpenSea, but Bullieverse is also building an internal marketplace for them.
One way to measure the strength of a metaverse community, however, is the volatility of NFT trading. The higher the level of "HODLing," the greater the sense of belief. In fact, 85% of NFTs in Bullieverse have not changed hands in more than three months. As one commenter noted, "The community is one of the strongest I have ever seen." Aside from a solid community, Bullieverse has amazing partners like Polygon, Merit Circle, Admix, and Chainlink.
Bullieverse is an open metaverse built for the community of players and developers. It was developed for Web 3 citizens to create an immersive environment. As a result, players enjoy an exceptional experience combined with a transparent and fair monetization mechanism that underpins the play-to-earn economy. It is also supported by an easy-to-create "low code" platform for community members to create and publish games. The result is a high-quality gaming platform where users can not only play and earn, but experience.
In the spirit of a decentralized autonomous organization (DAO), Bullieverse will evolve into a metaverse owned by the community. This will be achieved when players and game developers start earning Bull tokens.
At its core, Bullieverse is a game ecosystem. But it believes in compensating its community for their time and loyalty. Users can not only own NFTs, but also use them to play games. These owners can rent out their goods to other members of the community. The metaverse can also offer events and experiences that the community can enjoy and value. In due course, it will also be able to interact with other metaverse economies.
Underpinning the entire vision is building a loyal and crypto-savvy community that loves the design, engaging gameplay, and simple game creation mechanics. Add to that an ecosystem that allows players to coin NFTs that have high utility and significant value.