One of the most popular Web3 industries is game development. Blockchain games that provide the potential for financial gain are referred to as GameFi, a combination of the words “game” and “decentralised finance.” Players that normally earn in-game rewards like crypto tokens, avatars, and NFTs through accomplishing activities and exploring virtual terrain are offered incentives. It enables today’s gamers to pursue their passion while earning a living.
In the past, video games were supervised and managed by centralised servers that belonged to gaming firms, which had complete control over them. Players had no ownership over any achievements they made in these games or the things they acquired through character interaction, such as clothing, rewards, and weaponry. Digital possessions with no external market value.
Due to its decentralised nature and reliance on blockchain technology, play-to-earn (P2E) games allow you to transfer and purchase any in-game asset from the virtual world to the real world, in contrast to traditional video games.
In this article, we will look at what Moshnake is going to bring to the GameFi sector as it has just entered the first stage of its presale.
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Moshnake (MSH) Bringing Snake Back to Life
If you remember the famous Nokia game Snake, for the people who love nostalgia and are still attached to traditional gaming, Moshnake would be the next best thing. Moshnake is a multiplayer game similar to Battle Royale where you will deposit your entry fee, which will be paid in a pot of Venom tokens. The full pot will be given to the game’s winner. The tournament’s goal entails devouring eggs, getting Venom tokens, and killing other Moshnakes in the arena. You’ll be able to consume the eggs and $VEN tokens that the other Moshnakes in the game have ingested by killing them.
Moshnake also has four ‘venomous’ NFTs for you to purchase with your MSH tokens once it releases. You will be able to choose between the Mamba Moshnake NFT, the Viper Moshnake NFT, the Krait Moshnake NFT, and the Cobra Moshnake NFT. Collectively there will be roughly 20 million Moshnake NFTs to purchase by using the MSH token.
To provide a fantastic gaming experience, a traditional game requires powerful technology. The experts at Moshnake conducted extensive research on all the blockchain networks that are well-known in the GameFi economy for this reason. To give players a benchmark experience, it was decided after conducting all the research to construct the game on the BNB Smart Chain.
Decentraland (MANA) The LAND Is In Your Hands
Decentraland was unveiled to the general public in January 2020. By using the Decentraland’s utility token MANA, users can purchase non-fungible tokens to further customise their avatars and start their exploration of Decentraland. In Decentraland, MANA is useful and necessary since it provides people with the means to buy products, services, and LAND in the virtual world.
Despite the fact that Decentraland’s primary function is to amuse its users by enabling them to design custom digital environments in which they can develop games and themed communities. It also serves as a metaverse platform where users can buy digital art, engage in regular trades, and even pursue education at Decentraland’s University.
All of this may be attributed to Ethereum’s smart contracts, which link metaverse technology with the community and economics of Decentraland. This project promises to have several real-world applications, including content curation, advertising, a market for digital collectables, and social centres.
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*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.