Recently the Co-founder and CEO of Facebook announced that all his platforms ( Facebook, Snapchat, Instagram, and WhatsApp) were changing their name to “metaverse ''. Thankfully it hasn't been trademarked, but there were reports that he had been planning to do so.
Hi, my name is Otto11, and today we are going to be talking about …
The metaverse.
What does the metaverse offer?
Gaming in the metaverse.
Introduction to PUGG.
Understanding the PUGG gaming system.
The Metaverse:
Imagine an immersive world where you can create your perfect self.
A world where you can learn, find connections, go on adventures and even trade and buy assets (socialFi).
Well you see, the thing now is you don't need to imagine anymore because this is what the Metaverse is.
The first idea and the use of the word "Metaverse" were in a fictional book titled "Snow Crash" created by a science fiction author who based some of his work on a sub-genre called "futurism".
With that idea in mind, the fitting description of Metaverse is as an immersive virtual world that incorporates blockchain technology and cryptocurrency with immense social and financial potential.
What does the Metaverse offer?:
Decentralization:
In the blockchain, decentralization has been one of the key standards of cryptocurrency, this has been so because for actual Decentralization to happen the power is to the community and not a central authority.
Governance:
Also known as DAO ( Decentralized Autonomous Organizations).
This gives users the power to make decisions on àn asset's value either through voting or updates.
Provenance:
These are basic commands or codings put in place to help verify and confirm a user's ownership of an asset e.g an NFT.
Real-world value:
Just like Bitcoin's real-world value has increased, the same can be said about assets that are utilized on the Metaverse.
These are traded either p2p or through DEXs.
Gaming in the Metaverse:
Naturally, when talking about gaming in the Metaverse the common types or genres are all defense games or puzzle games but with new developments and the merging with the Blockchain to the point of even developing play to earn games (P2E) are basis and proof that the age of technocracy is on the horizon.
Nowadays the Metaverse has Action, Adventure, Quests, War games, futuristic, and dystopian games e.g PUGG
#NB:
What does Play to earn gaming mean?
It's simply a way users generate income to help run the economy of the ecosystem while also having fun.
What is PUGG?
PUGG stands for Play Unity Gold Game, a Decentralized play-to-earn game built on the Binance Smart Chain, being immersive the game the PUGG metaverse is considered the starting point of the metaverse and it uses "$Calit '' as its token in the ecosystem.
The PUGG Ecosystem.
Note- Before we continue, I thought I’d introduce and reintroduce some terms.
DeFi: DeFi is defined as decentralized networks where transparent and trustless transactions can take place.
GameFi: Compromises of gaming and financial institutions that have almost the same components as DeFi but in a metaverse.
SocialFi: SocialFi, which stands for “social finance”, refers to the combination of social networking and finance on the blockchain.
Possessing features like decentralization, transparency and as the name implies, It's a type of network that can be influenced by users.
The gaming ecosystem adopts a hybrid model type of ecology, this is to adapt to any trend in the market to suit the users.
The hybrid model consists of Web 2.0 and Web 3.0 model mechanics; this way it maintains its decentralized system with no manipulations.
PUGG, playing the gateway role as a portal to the Metaverse can effectively accommodate all current DApps, chain tours, and more. The underlying layer uses cross-chain protocols and covers all current mainstream public chains.
All DApps and chain tours can share traffic within the PUGG, and the huge traffic of PUGG will also bring huge business value. In addition to the sharing of traffic, the PUGG community will support the ecological construction to the maximum extent, including the provision of start-up capital and scene technology, to realize the ecological co-build and co-creation.
For example, since the COVID-19 pandemic, a lot of businesses adopted using zoom at first then later graduated to the Metaverse like Decentraland.
With this being possible an influencer (Meta-star) can create an ecosystem within the PUGG Ecosystem.
Game Play on PUGG
NFTs serve as the admission ticket into the PUGG Metaverse, The ticket would serve as the only Identity of the game.
Each player with a virtual citizenship card is born in a corner of the PUGG world next to a garbage dump,
regardless of sex (male or female), born as a character wearing a pig's head mask.
This is done to make the beginning for every character equal, Some tasks on the game require the physical strength of the character and since they are living walking beings they are born wearing a Pig mask.
The game has the following scenarios…
PUGG Multi-Dimensional Application Scenarios.
Players enter PUGG, buy identity ID cards, and become MetaPeople to experience realistic dating, movie entertainment, concerts, novels, bars, virtual museums and exhibition halls, virtual ticker indexes, virtual medical NFT plastic surgery, copyright trading, tarot astrology institutes, and virtual idol live-streaming.
MetaPeople can download a DApp or use a PC, choose their country and city to locate the corresponding virtual scene, which displays specific visual digital assets. The specific object and the required encrypted information can be obtained similar to making a “gas payment.” All the information and payment will be in the form of encrypted data with the highest security.
Virtual concerts, electric entertainment festivals, and product launches are held regularly, and regular users earn admission to watch them through Play-to-Earn (P2E).
Experience exclusive status with encrypted rights to premiere a variety of cinematic fiction entertainment from across the universe.
Visualize museums and exhibition halls, access multi-chain NFTs, support cross-chain trading scenarios, and trade NFT assets held for easy visualization.
Virtual medical NFT shaping enables MetaPeople to shape their unique avatar NFT and identity decks to reveal their unique personalities.
Visualized quotes provide a dynamic display of quotes, offering real-time quotes from global financial indices.
A Tarot Astrology Institute, offering virtual divination.
Virtual idol live-streaming to create a metaverse MetaStar.
PUGG Tokenomics
1 - Identification Citizen NFT;
The NFT identity cards mentioned earlier are 2 types;
1). Ordinary cards
And
2). Gold cards.
2 - Calit;
Serves as the native pass of the PUGG ecosystem it plays the role of value exchange and
medium of exchange in the PUGG ecosystem, granting players access to incentives, mining rewards, and
various types of payments, credit guarantees, participation in DeFi, etc.
The $Calit token distribution
10% private placement, teg release 25%, remaining in 3 months linear release, 25% each month
20% for the team, 2 years lock-up period, linear release in 12 months in the third year
60%, released based on sales mining (sales machine mining) of which 5% of the initial state will be used
for node sales incentives
10% of the bottom pool, applicable to pledge to mine
Please visit follow www.pugg.io
Twitter https://twitter.com/puggcoin
Telegraph group https://t.me/PUGG_COIN