[Deep Analysis] MetaXgame, a blockchain game closest to the real metaverse
If Facebook changed its name to “MeTa”, it is to connect the metaverse from the perspective of science fiction and reality. Then the emergence of MetaXgame is the best example of combining the metaverse with reality!
The metaverse has always been regarded as the main symbol of Web 3.0. The virtual reality formed around the metaverse has also begun to become the cornerstone of the future world. In the blockchain word, when the computing power and computing speed are not as good as the Internet world, the metaverse is presented as GameFi. As GameFi’s epoch-making masterpiece, MetaXgame has become the closest blockchain game to the metaverse.
The relationship between the Metaverse and GameFi
The metaverse is the key to GameFi’s explosion. An important reason why GameFi can realize the basis of the P2E economic model is the integration of the metaverse concept and the digital economy.
The main features of the metaverse economy include digital creation, digital assets, digital markets, digital currency and digital consumption. Its characteristics are obviously different from the traditional economy, which is the unity of planning and market, production and consumption, regulation and freedom, behavior and credit. Therefore, the metaverse economy will be the only option for many industries in the future.
Under the model of the metaverse economy, GameFi has the characteristics of digital creation, digital assets, digital market, digital currency, and digital consumption. Blockchain games have fallen out of the definition of games. We can think of games as the rules of visual finance. People seem to be “playing a game” in such rules, but they are actually participating in some kind of financial system. The game itself adopts the distributed structure of the blockchain to confirm the rights of all game assets and items, and players can freely trade the assets of the blockchain game.
What is MetaXgame?
Based on the universe, MetaX integrates elements such as Metaverse, Gamefi, DAO, NFT, etc., presenting a freely developing universe for players. Each player can travel through the galaxy to explore various planets through the wormhole engine. Players can colonize planetary territories, engage in interstellar war, and own NFT items.
MetaX also provides a complete economic model. Players can obtain in-game rewards while developing the MetaX universe, and then exchange them for real money. At the same time, the distributed governance of MetaX games can also be achieved through using the governance token (X1).
The game and items are all belong to the player, and the player can fully control the process and value of the game.
Huge market behind MetaXgame
As the pioneer of a new generation of blockchain games, MetaX enables safer asset management in terms of economics and a more ambitious background. Players can escape the boring gameplay and old game graphics of previous blockchain games.
The pioneering design and gameplay of MetaX has opened up new ideas and growth points for the blockchain game market. According to statistics, global gamers’ gaming engagement and spending have increased rapidly due to the ongoing impact of Covid-19. Compared with 2019, the total market cap of the game industry has risen from $144.4 billion to $177.8 billion, an increase of +23.13%. The top 100 game companies in the world generated a total of $166.3 billion in revenue, a 23% increase from last year, and accounted for 94% of the total game market in 2020. It is estimated that around 2024, the total global game market will exceed $300 billion.
GameFi’s grows rapidly and its impact on the traditional game industry is becoming more and more obvious. It is not far for the game industry to reach trillions in the world in the future. From industry perspective, the real growth opportunity for the GameFi industry should be in the next 5 years. And MetaX will play an important role in it.
The logic behind the explosion of MetaX
GameFi went through the 1.0 era in a very short period of time, during which it completed the establishment of the basic financial system and game framework. But this is not enough, GameFi must seek further integration with the concept of the metaverse. What people need in the future is a blockchain game metaverse era that combines DAO, NFT, DIFI and the real financial system.
MetaX caters to the development logic of the market and provides financial scenarios including trading, lending and asset appreciation, which can help reduce game creators’ creation costs and withdrawal costs. In the field of blockchain games, MetaX solves the shortcomings of slow content updates and unstable income of previous projects and leads the trend of the new generation of blockchain games.
At the same time, MetaX also demonstrates a more professional and rational operation method of blockchain games, which can promote the financial prosperity of the blockchain game field again. Based on the impact of MetaX on the industry, it has become the current leading project in blockchain games.
Outstanding contributions to the industry and field are the logic of MetaX’s explosion.
The reasons why MetaX can be popular are of course more than what mentioned above. Brand-new gameplay, grand background, reasonable economic model, and diversed game settings all make it a leader in the GameFi 2.0 era. As an ordinary player, a lower entry threshold and a more rationalized P2E model may be the core competitiveness of MetaX.
In the long run, MetaX, like AXIE, will be an epoch-making blockchain game project.