NFT and Web3 markets have grown in popularity over the past few years, with new entrants fighting for consumers while also carving out their own special niche in a still-evolving and fascinating field.
In this regard, the legendary Web3 gaming business Ultra recently revealed that later this month it would launch its Ultra Games marketplace, which will include a special feature: a secondary market where customers may resell digital games they’ve already purchased.
So what is Ultra?
According to them,
Ultra is the first entertainment platform that brings games, digital assets, tournaments, and live streams to one place, all easily accessible through a single login.
Users may also claim full ownership of their items because to the on-chain digitizing capabilities they provide.
All the content you buy from Ultra, such as games, DLCs, and virtual items, are on-chain digital goods you truly own. On Ultra you’re in control of your assets as though they were physical items. These assets can be sold, traded and given away to your friends within Ultra, or outside of Ultra, through 3rd party marketplaces and mobile apps.
The new digital PC gaming store, according to the company, will launch with 60 to 70 games, including Web3 titles like Cards of Eternity, Cross the Ages, and MARS4. Syberia, Lords of the Fallen, and The Walking Dead: The Telltale Definitive Series are just a few examples of traditional « Web2 » games that aren’t NFT or token-based.
The Ultra layer-1 network, which the business has been building since 2018, is a replica of the EOS blockchain and serves as the basis for Ultra Games, which will launch on April 25. Since that time, products like the Ultra Wallet, the planned Ultra Arena esports platform, and the Uniq Marketplace for NFTs have contributed to the Ultra gaming community’s steady growth.
It’s interesting that Ultra titles will allow gamers to resell purchased games through the Uniq Marketplace because their license rights have been tokenized. The decision to allow the second-hand sale of games is up to the game industry, but Ultra Co-CEO Nicolas Gilot stated in an interview with the journal Decrypt that he believes there is a compelling argument for game makers to support this project.
Gilot stated that game developers have the opportunity to benefit from [the secondary market] and that studios may set an initial no-resell period (for instance, for three months after launch), a minimal resale price point, and the income proportion that it automatically receives.
The co-founder of the blockchain business Robot Cache and seasoned game developer Brian Fargo has experimented with selling digital games using its own IRON money. The Robot Cache market has a selection of the same games that Ultra Games will offer players.
Users who are not Web3 residents can register for Ultra Games using their email and phone number. Crypto components, such as your wallet address, are hidden behind a Web2-friendly user interface, but users may still access them if they so desire. Furthermore, Ultra Games doesn’t charge users for network gas when they trade.
Digital artifacts and assets are already well-established in well-known Web2 games like Counter-Strike: Global Offensive (CS:GO), where certain things have sold for over $100,000 apiece. User-owned NFT assets, on the other hand, provide for the possibility of cross-game interoperability, although such assets are often limited to a particular game or platform.
What potential does the Web3 metaverse offer?
These days, Web3 is a topic that gets a lot of attention, but why is it so revolutionary? In a study on this subject, Oliver Wyman claims:
The Web3 metaverse represents an opportunity for a reset that could fix some of the well-known problems of the Web2 internet, including data mining and concentration.
It is an illustration of a fresh, decentralized framework that applies blockchain technology to mimic habitats, new kinds of money, and assets. This paradigm promises additional opportunities for both producers and users in compared to the present internet and offers them a larger share of the benefits from these virtual worlds. The amount of money streaming into the industry indicates a bright future: Only in 2021, metaverse-related enterprises made over $10 billion.
What additional web3 initiatives are now successful and on the horizon?
InsideBitcoins is committed to provide its visitors a wide variety of guides and the most recent information on emerging initiatives in the Web3 and NFT domains. We may specifically mention the RobotEra project among those that stand out as having a lot of potential.
A brand-new coin metaverse venture called RobotEra places a big focus on building immersive environments. The metaverse project transports users to a virtual world where they are given enjoyable tools and in-game objects to build their own settings, interact with other players, and earn prizes.
Users will be able to create virtual communities and in-game companies because to the innovative project’s concept, which combines non-fungible tokens (NFTs) with cutting-edge virtual and augmented reality.
Due to its core purpose and connection with the metaverse, crypto experts forecast that RobotEra’s native currency, $TARO, will increase in value and provide over 25 times returns on investment in the next years.
The current presale for TARO is at its greatest right now, before its price increases in the following phase.
RobotEra: Play, Interact, and Earn
RobotEra is a recently released metaverse game that focuses on machines and future environments.
RobotEra, like many online games, has a compelling story to draw in players. The setting for the game is the fictitious planet Taro, which is inhabited by robots.
Taro was home to both humans and robots until a calamity killed away the original inhabitants and gave rise to clever machines. After the fight is done, players must use their imagination to design a new world where anybody may dwell.
The player is represented on the RobotEra metaverse interface by a customisable NFT robot figure.
A player’s options in the virtual world include purchasing real estate, building estates, making robot companions that will serve as their submissive partners, and helping them with various tasks.
The title to land and territory on Taro is protected and verified using RobotEra NFT technology. Unlike other gaming platforms that need a succession of time-consuming and challenging learning curves, RobotEra represents a frictionless start-up and an array of endless possibilities.
Video games may be easily created by anyone with no prior computer, coding, or measurement knowledge. Additionally, they have access to numerous real-world networks and simulated activities including performances, museums, salons, casinos, and restaurants.
The Metaverse is Filled with Rewards and Possibilities
The RobotEra ecosystem makes a range of crypto-centric reward opportunities available to all users.
Gamers are able to design and sell custom non-fungible token (NFT) characters, properties, and territories.
The $TARO native currency of RobotEra may also be used by users to purchase more lands and build projects like residences, arenas, swimming pools, salons, casinos, or clubs that they can rent out to other players to generate a certain amount of tokens.
Purchase $TARO now since the price will increase when the second presale phase begins in a few hours
At the time this article was published, $TARO was trading at $0.020 USDT and had raked in more over $1 million from purchasers.
The value of TARO is predicted to rise to $0.025 in stage two and $0.032 in stage three of the auction. Consequently, investors who purchase the funds in Stage 1 will make a 60% profit.
Investors who wish to ensure their future growth in the metaverse must act immediately and purchase TARO coins before the presale ends.
