The gaming business is a massive and rapidly expanding industry that knows no geographical or international limits. The top 100 publicly traded firms alone earned about $166 billion in revenue in 2020, accounting for roughly 94 percent of the total revenue generator (with advertising generating an additional large chunk). Tencent made nearly all of that money last year, with a staggering 34 percent increase over the previous year’s totals; about 10 billion more than Sony, the world’s second-largest game publisher.
The popularity of gaming platforms such as Axie Infinity, new Play-To-Earn economic models, and GameFi is at an all-time high, providing the community with a source and storage of monetary worth. In the P2E paradigm, huge and centralized gaming firms no longer own a significant portion of game revenue.
MetagamZ is a ‘Metaverse of Games,’ an immersive Virtual World where game developers may create and launch games with a variety of value-added DeFi features that boost community value by making it more decentralized, transparent, and user-focused. Players can earn NFTs and rewards by playing their favorite games in the metaverse, while investors and token holders profit from virtual land ownership, leasing, and advertising.
As the games ecosystem grows, so will the opportunities for brand visibility, marketing, advertising, and general exposure for all (big and small) brands inside and for the games ecosystem. A feature within the game and ecosystem that allows players to buy products and services directly from brands on the platform. However, players must first link an AVAX compliant wallet, then search for and play their favorite metaverse games.
MetagamZ can attract a larger community of quality game producers by creating a fully inclusive and interconnected ecosystem, which will deliver a bigger variety of overall games and experiences. The MetagamZ metaverse’s business model will draw more players to the global blockchain-based GameFi market, while also boosting the global gaming ecosystem’s development and expansion. The MetagamZ platform is conceived and designed around four core components. The components are as follows:
1. Gaming Metaverse: Users and gamers will be able to buy, accumulate, develop, sell, and trade virtual land within the MetagamZ ecosystem, giving it a real-world flavor. The ownership will be recorded on the blockchain, making it secure, trustworthy, and fraud-proof, while the purchasing, selling, trading, and rewarding will all be done with METAG, an in-game currency. The public will be allowed to create, develop, purchase, and sell their own lanes.
2. NFTs: Users and players can earn MetagamZ NFTs by purchasing things that have already been minted and listed on the MetagamZ Marketplace. Gamers can purchase NFTs from the MetagamZ metaverse in exchange for land, advertising spaces, buildings, and other items, as well as trade NFTs from the metaverse’s games. MetagamZ NFT also enables virtual reality (VR) developers and gamers to build and exchange their own unique digital goods (collections and products).
3. Brand Exposure: MetagamZ makes it easier to sell and advertise new and upcoming games on the internet and on the platform in a variety of ways. Publishers will be able to communicate directly with the gaming community without the need to spend money on advertising to attract new users. Instead, companies can concentrate on offering greater value to gamers through games, and use the MetagamZ community as a marketing conduit.
MetagamZ provides a one-of-a-kind solution for game publishers as well as an alternative for users within the game, allowing users and gamers to purchase in-game products and services directly from the game’s brands and marketplace.
4. VR & Aggregation: MetagamZ’s VR environment is designed to bring together numerous games. It brings together thousands of games from a wide range of well-known game developers in a single platform, allowing users to build world-class gaming portfolios and scale faster than ever before. It is the most engaging, efficient, and successful method for modest and interesting game producers to expand their distribution scale and scope. MetagamZ not only has its own games, but it also offers technical support, resources, and an ecosystem to other publishers, encouraging innovation and entrepreneurship from all over the world.
Whether created by an in-house team or other game publishers, the majority of the games on MetagamZ are Play-To-Earn. Only when non-P2E games offer gamers anything unique are exceptions made. The goal of this strategy is to deliver the most value to gamers on the platform and to establish a niche of P2E games and economies where gamers can spend their time and abilities in exchange for monetary rewards.
To know more about MetagamZ visit www.metagamz.io
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