Play to Earn Gaming in the Metaverse

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DragonSea Ecosystem provides comprehensive solutions and services for projects from consulting ideas, Blockchain innovation to building a global community, thereby enabling people to focus on creating and developing their own original products. The ecosystem has the following eight components.

What is Metaverse?

Human interaction and socialization has become overwhelmingly virtual; most people have moved their social and business relationships to their phone or laptop. It is now, during a global pandemic that has driven us online more so than ever. These new habits have already become permanent behavioral and cultural shifts, irrevocably changing what we consider normal and acceptable.

In this way the social responsibility that exists to provide tools and resources in the virtual space is essential to create a fun and adaptive environment for individuals to thrive and monetize. This stands at the core of our ethos.

Non-Fungible Tokens (NFTs)

NFT stands for "non-fungible token." At a basic level, an NFT is a digital asset that links ownership to unique physical or digital items, such as works of art, music, or videos...

NFTs can be considered modern-day collectibles. They're bought and sold online, and represent a digital proof of ownership of any given item. NFTs are securely recorded on a blockchain — the same technology behind cryptocurrencies — which ensures the asset is one-of-a-kind. The technology can also make it difficult to alter or counterfeit NFTs.

Play to Earn

In traditional video games, users purchase in-game assets that can’t be used outside of that digital universe. Those assets are also not really owned by gamers since gaming providers can discontinue the game at any point and all the content in it.

Play-to-earn games are becoming popular offerings in the blockchain gaming industry because they enable gamers to own the in-game assets they purchase. The assets are minted as non-fungible tokens (NFTs) and can often be traded on platforms outside the game’s universe.