-- The global metaverse market was valued at $40 billion USD in 2021 alone, with even more investments coming through this year. Fictitious lands, vivid colors, and fun characters help to attract users initially. But besides offering a gaming experience, is there anything more to such platforms?
Rather than taking the tried and tested fantasy approach, DecentWorld, a Swiss-owned project, offers a metaverse based on the real-world, where quality and long-term value are the main focuses. The project’s creators have built their platform on the basis of the real world, offering digital replicas of existing streets, made available as NFTs.
A 3D Replica of the Globe
The DecentWorld metaverse’s success is driven by its features, helping to enable a self-sufficient economy - Collections that generate yield, and the Secondary Market, which allows users to benefit from NFT trading, are just two such offerings from DecentWorld.
Fictitious worlds no longer bring that same sense of wonder for digital explorers. From Minecraft to The Sims, almost all virtual experiences are based on someone’s fantasy of a land that does not exist.
However, a true conversion of the real-world into a metaverse is something completely new, providing us with the first true idea of what the future could really look like for humankind. That is exactly the approach DecentWorld has taken.
Currently there are 18.5 million digital Streets available on the platform’s internal, interactive Map – all copies of their real world counterparts. Moreover, the team is working on its next release – a 3D environment of Downtown Dubai with gamified elements to make the experience even more immersive.
“It’s the familiarity aspect that helps people to understand and trust our platform quicker, and, as a result, become a user. Just as Monopoly is based on real streets, our metaverse is also built on existing examples. That familiarity is the factor that brings more understanding when setting values for areas or objects; the more prestige a street has in the real world, the more valuable it is in the metaverse,” DecentWorld’s creators explained.
The team is gearing up to launch the first 3D city, Downtown Dubai, very soon. The 3D environment is being built by an in-house team of professionals using Unreal Engine 5 – an industry-leading technology, known worldwide for its applicability.
True Value for Users
With further developments the entirety of DecentWorld will be made available in 3D, featuring not only millions of virtual Streets, but hundreds of millions of 3D Buildings as well, all available to be put on blockchain, later to be rented or sold.
This ties in with the overall aim of the project, which is to bring long-term value to the platform’s users through the use of a carefully crafted internal economy. Currently on DecentWorld, users can earn benefits by assembling artsy Collections, and then staking them to generate yield of up to 50%; or by trading their Street NFTs on the Secondary Marketplace. Soon users will also be able to explore and acquire Building NFTs and generate rewards by leasing their 3D spaces.
“The goal is not only to attract the customer for the fun, immersive experience, but rather to provide them with quality content that will allow them to generate long-term value. Looking at the current trends and increasing investments into metaverse development worldwide, it is clear that the value of digital Assets will grow immensely. The earlier users join, the more opportunities there will be in the future,” the DecentWorld team says.
Eventually, the DecentWorld team is planning to open up its APIs, thereby enabling other businesses and creators to join the project by plugging in their products and services, creating an all-in-one metaverse experience.
About DecentWorld
DecentWorld is a Swiss metaverse digital real estate platform built on blockchain technology to introduce a next-generation Web3 experience. The platform allows members to purchase and trade digital Street NFTs, which can then be combined into Collections. Completed and staked Collections bring additional value as they generate yield that is paid out to the owner. Using state of the art security features, DecentWorld also stands for trust and transparency in the blockchain industry.
To fully explore our metaverse, please visit www.decentworld.com.
Follow our latest updates on Twitter, Telegram, Instagram, LinkedIn and Facebook.
For further inquiries & talent outreach, please message [email protected].
Contact Info:
Name: DecentWorld
Email: Send Email
Organization: DecentWorld
Website: https://decentworld.com/
Release ID: 89078021