• 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
Meta Legend
Nexo Logo

Meta Legends Is Building A Metaverse Gaming Ecosystem That Connects Players In An Innovative Way

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

The gaming industry has progressed significantly in recent years. From cumbersome consoles, odd cartridges, and simple games to a $170 billion entertainment channel fueled by more than 2.7 billion users across the world. Gaming is now an all-consuming experience, based on ultra-realistic animations and full of twists and turns throughout what appears to be an infinite stream of entertainment content.

There’s seemingly nothing out of bounds when it comes to the possibilities of gaming. Despite the wide-scale innovation that has gone into the industry, yet it doesn’t seem to be taking a break, and now we are witnessing blockchain innovation in the gaming sector.

The rise of non-fungible tokens (NFTs) and the integration of DeFi into play2earn blockchain gaming has given birth to a whole new level of innovation in the gaming industry. Several blockchain projects are now leveraging this concept to build a gaming ecosystem, one notable mention is Meta Legends.

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

Meta Legends is building a cutting-edge entertainment hub built on robust product fundamentals. The project is designing an innovative application called Meta-Connect, whose use-case will be to bring the gaming community together into a unified ecosystem. Participants will be able to find each other on a map, save their NFTs, and obtain an estimate of how much their digital artifacts are worth.

In addition, Meta Legends will create a Metaverse environment, which will be known as Meta-Life. Gamers and Metaverse players will be able to accumulate cryptos, own property, gather digital collectibles, and explore the Meta Legends Universe.

Meta Legends leverages NFTs and Metaverse In A Fascinating Way

NFTs are an intriguing asset class because they bridge the gap between the real world and the digital one, as well as connect digital worlds through the ability to transplant in-game items across games and virtual worlds. While their value as collectible forms of media has skyrocketed in the physical world, their popularity is growing in tandem with the rise of metaverses and digital worlds, since NFTs are well suited to be used in metaverse ecosystems.

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

Meta Legends will leverage NFTs and the concept of DeFi for its play2earn gaming platform to build an innovative metaverse to connect gamers around the world. The global metaverse industry is currently growing at a fascinating rate, and as the industry continues to gain mainstream attention, Meta Legends is positioning itself to lead this wide-scale adoption.

The metaverse market is expected to reach USD 596.47 billion by 2027, up from USD 44.69 billion in 2020. During the period 2021-2027, the metaverse market is expected to rise at a robust 44.8 percent CAGR. Meta Legends is on a mission to create a digital world with a mirror resemblance with the real world, the team noted that:

“We will be leveraging photorealistic rendering, dynamic physics and effects, lifelike animation, and built-in tools for advanced character rigging animation and performance capture streaming to build our Meta Legends Metaverse. This will result in believable human and animal characters, massive scale reactive environments, and film quality levels of VFX. We will also be including real-time landscape and terrain tools, sky cloud and environment lighting, real-time ray tracing, and rasterization, in building the Metaverse world”

Meta Legends will mint/issue a total of 12345 legends, all of which will be classified by rarity and built from hundreds of different elements. These Legends will be issued as ERC-721 tokens on the Ethereum blockchain and stored on an interplanetary file system (IPFS).

The NFT gaming platform will benefit gamers in a number of ways. For example, they will be able to participate in a variety of FPS games, contests and tournaments, space races, Easter eggs, and events such as concerts and festivals. As Meta Legends adds Play2Earn technology into its platforms, gamers will be able to earn some passive revenue by engaging with the metaverse.

The platform also introduces a land ownership system where owners will be able to rent lands to players to farm resources, rent and resell houses to players or investors. They will also be able to rent vehicles, weapons to players, and will likewise get engaged in Yield Guild Gaming with unique characters.

Meta Legend will be launching its token sales on November 24 at 6 pm EST. Not only this will mark an important milestone for Meta Legend, but for the entire NFT gaming fraternity as it paves way for development activities to commence.

The Meta Legend token will serve as a primary medium of exchange for all financial activities in the Meta Legend Metaverse and gaming ecosystem. Meta Legend also has a strong community support in excess of 115k followers in Discord which is expected to grow further following the launch tomorrow.

Blockchain Gaming Will Lead The Future Of Gaming.

There are no limits to the kind of incentives that may be provided in blockchain games, so there will almost certainly be something to appeal to practically everyone. It is expected that blockchain gaming would appeal to a broader range of interests, use cases, and genres, attracting a larger audience and bringing more individuals into the worlds of blockchain gaming, DeFi, and metaverses. As this happens, games like Meta Legends will be worth looking out for.

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

NewsBTC

Related Posts

CoinEx Charity Book Donation Worldwide: Over 10,000 Books for Children’s Dreams

CoinEx Charity Book Donation Worldwide: Over 10,000 Books for Children’s Dreams

5 hours ago
Six Years of Relentless Efforts: ViaBTC is Always on the Way

Six Years of Relentless Efforts: ViaBTC is Always on the Way

5 hours ago
Top 3 Web3 Coins to Watch in 2022

Top 3 Web3 Coins to Watch in 2022

5 hours ago
The DAOificaiton of Games: How and Why

The DAOificaiton of Games: How and Why

5 hours ago
5 Up-and-Coming DOGE Projects that Might be Worth Your Money

5 Up-and-Coming DOGE Projects that Might be Worth Your Money

2 days ago
Phemex Mobile App Offers First Class Crypto Trading Even When You’re On The Go

Phemex Mobile App Offers First Class Crypto Trading Even When You’re On The Go

2 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

Interest-free Loan, New way of Assets Increase

May 26, 2022

Hoskinsea Partners with Pavia land to Setup A Virtual Headquater On The Metaverse

May 26, 2022

The first free and equal digital country – HyperNation global theme conference was held

May 26, 2022

HyperNation’s event launch sales on HITCHHIKER OF STAR (H.O.S) went out like wildfire

May 26, 2022

Metaverse Real Estate Sells For A Record $5,000,000 inside TCG World

May 26, 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.