While the global market cap of cryptocurrencies continues to rise, investors are witnessing an unprecedented investment interest in Non-Fungible Tokens (NFTs). If the crypto sector can be called dynamic, the NFT market can be considered to be on fire. Sales of NFTs surged to $10.7 billion in Q3 2021, up a staggering700%+from the previous quarter, while the total value of NFTs has rocketed to a new record high of$43 billionin October 2021.
The excitement over this space has been accompanied by the birth of a new niche: NFT Metaverses. Bloomberg has called these interactive virtual games the place “where crypto, gaming and capitalism collide” and the next stage in the evolution of the sector.
Metaverses are not a novelty per se. Second Life, broadly recognized as the first Metaverse of the internet era, debutedin 2003and reachedover a millionmonthly active users at its peak. Many successful Metaverses followed, including Minecraft and Roblox, which in 2021 have140 millionand43 millionmonthly active users respectively.
Metaverses in their previous iterations had in-game currencies and economies, in most cases without real-world value. The innovation of NFT Metaverses consists in having native cryptocurrencies that are used for transactions and to receive in-game rewards, all of which have economic value in the real world. Axie Infinity, one of the most popular Metaverses, is on track to generate$2.7 billionin 2021.
Moon: Taking NFT Metaverse Beyond Earth
Moonis the world’s first NFT Metaverse to be entirely based on Earth’s satellite, consisting of:
Gameplay can be described as a combination of Age of Empires, Rise of Nations, and Sim City, combining strategic objectives with long-term planning.
Moonland NFTs are a rare, non-replicable, and finite resource. By developing land holdings into viable economic, political, and militaryMooncountries, owners increase the value of their holdings. These NFTs can then be traded on crypto exchanges for other crypto and fiat currencies, generating real economic value. A series of sophisticated game add-ons (special building materials, weaponry, know-how boosts, etc.) can help NFT owners to accelerate the development and success of their lunar colonies, increasing their value faster.
Moonis positioning itself to be a unique offering in the NFT Metaverse space, thanks to:
Moonis planning to launch at a very positive moment for Blockchain Metaverses:
By combining unique gameplay, a wide range of NFTs, and an ecosystem built for long-term growth,Moonis aiming to become the next major success story in the Metaverse space.