• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
  • Spin & WinTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
  • Spin & WinTry
No Result
View All Result
NewsBTC
No Result
View All Result
Nexo Logo

DIG Invests Heavily in the Metaverse

NewsBTC by NewsBTC
4 months ago
in Company News
Reading Time: 3 mins read
Advertisement

Decentralised Investment Group (DIG) is a Dubai-based company that believes in the power of the blockchain to transform lives. In line with this goal, the company is committed to making impactful investments in the blockchain space, including the GameFi sector. They aim to embrace decentralisation in all possible ways, making it ubiquitous whilst integrating it into every single aspect of the world. Ultimately, this will change the fabric of society.

GameFi Investments

Just a few years ago, the metaverse was a concept that only existed in science fiction books. However, modern technology, and especially the internet, has made the metaverse possible. Today, there are numerous metaverses where users can visit and interact with others using avatars.

There is clear transformative power of the metaverse. The team behind DIG believes in the impact that blockchain will have in this sector. One way this will happen is via GameFi, which is the use of the blockchain in the gaming world. DIG has created, and owns, a number of DeFi and GameFi products, with their GameFi arm being named after one of them, Blue Monster Games.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Using the blockchain in the gaming world comes with numerous advantages. For one, the play-to-earn (P2E) model allows players to earn money while playing fun and interactive games. Additionally, players can secure real-world ownership of in-game assets. It represents a huge evolution from the current model where in-game tokens have no real-world value. Besides that, centralised control usually means that in-game items can be abolished by the game’s developer at will.

Titles Supported by DIG

Decentralised Investment Group is already working on numerous titles for the GameFi sector, investing $5 million into them to help do so. They include:

  • Kart Racing League

One of the titles that have already launched is Kart Racing League, which is the world’s first NFT kart racing game. The game is now accessible on iOS and Android devices via the Apple Store and Google Play Store respectively

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

Kart Racing Game is a live NFT play-to-earn game that features 10,000 KRL token

holders. The game has nearly 30,000 daily active users. DIG has the goal of growing these numbers 10X and achieving $10,000,000 in NFT marketplace transactions by the end of Q1 2022.

  •  Realms of Ethernity

Another title under DIG is Realms of Ethernity is a blockchain MMORPG (multiplayer online role-playing game). DIG invested $5 million in the game. They also helped the company raise $5.24 million during the pre-sale. They intend to conduct a public sale in Q12022, during which they plan to raise a further $20 million from investors. Development of the game is expected to be complete by Q1 2023. It will be built as an AAA MMORPG game (“Triple A” generally refers to a game that has a high development and marketing budget), on par with titles such as World of Warcraft and Skyrim.

  • Legends of Aria

DIG is in the final phase of acquiring the games studio behind Legends of Aria, a popular MMORPG game. Once the acquisition is complete, they intend to convert the game into an NFT P2E title.

Other Developments

DIG is also working on an NFT collection with an upcoming game called “Original Myths.” They are also working on creating a Mortal Kombat-style fighting game for the GameFi world called Bladed Vanguard.

Upcoming Massive Gaming Guild

Besides releasing and acquiring titles, Blue Monster Games launched the world’s biggest gaming guild. The undertaking is spearheaded by Haydn Snape, Founder and CEO of Decentralised Investment Group.

The gaming guild will be set up in the Philippines, which is the largest market for P2E games in the world. Gaming guilds are businesses where you can buy large amounts of NFTs and lend them to others, often called “scholars.” The earnings from the scholars playing P2E games are split between the guild and the scholars.

Commenting on the upcoming guild, Snape said, “I’m extremely proud of the strides we’ve made in the past couple months and I am excited to see Blue Monster Games establish local operations for the guild in Manila.”

Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
NewsBTC

NewsBTC

Related Posts

Join The Gensokishi Online Closed Alpha For Massive Rewards

Join The Gensokishi Online Closed Alpha For Massive Rewards

55 mins ago
TC Mediacoin: A Blockchain-based Crypto Economy Where Content Creators Are Offered Freedom, Control & Unlimited Earning Potential

TC Mediacoin: A Blockchain-based Crypto Economy Where Content Creators Are Offered Freedom, Control & Unlimited Earning Potential

3 days ago
How Poor User Experiences Lower the Market Cap for NFTs

How Poor User Experiences Lower the Market Cap for NFTs

3 days ago
Top 5 Bitcoin Mining Softwares To Look Out For

Top 5 Bitcoin Mining Softwares To Look Out For

3 days ago
How is Superhero NFT Wars Merging Gamefi and SocialFi

How is Superhero NFT Wars Merging Gamefi and SocialFi

3 days ago
BiFarms Network Announced the Launch of the Decentralized Multichain Yield Optimizer Platform and Tier-less Launchpad Ecosystem

BiFarms Network Announced the Launch of the Decentralized Multichain Yield Optimizer Platform and Tier-less Launchpad Ecosystem

4 days ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Wildcoins Casino

Wildcoins Casino

Review · Visit
CryptoSlots

CryptoSlots

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit

TraderWagon Releases Product Roadmap as Monthly Growth Hits 138%

May 16, 2022

The Amulet Protocol Wants To Resolve Insurance-Related Problems As The Project Collects $6 Million In Initial Fundraising Round

May 16, 2022

Can Calyx Token (CLX) outrun PancakeSwap (CAKE)?

May 15, 2022

Double Your Savings With These 3 Cryptos: Klaytn (KLAY), Aave (AAVE), And Pacman Frog (PAC)

May 15, 2022

Avalanche (AVAX), Algorand (ALGO), and Calyx Token (CLX) – 3 Coins To HODL Now

May 15, 2022

ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win
  • Spin & Win

© 2021 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.