MetaXSeed: The first ever Blockchain game development studio!
Read Time:10 Minute, 40 Second
The first ever blockchain gaming studio, Super excited stuff coming for MetaXSeed. My name is Rico Richardson, and in this post I’m going to tell you all about it!
Background
From the arcade boom in the 80’s to the rise of home consoles and pc gaming in the 90’s the game industry quickly outpaced the film and television as the primary source of entertainment. Once mobile gaming took off, the sky was the limit. If we have a quick look at this overview, you can see that pong was released in 1970 and became the first commercially succesful arcade game and then in 1980 Pacman generates more than 1 billion in arcade sales in the US in one year. When we move forward to 2013, GTA V earned 800 million in its first day and in 2016 Pokemon Go was released which reached 500 million downloads in a year. The gaming industry had a total return of 165 billion in 2020. The impact of cinema closures in 2020 meant that global box office revenue amounted to just 12 billion U.S. dollars, marking a sharp decrease from previous years, breaking the trend which has been ongoing for over a decade. So it blew the movie industry out of the water and according to Bloomberg, the metaverse gaming market is expected to grow from 20 billion now, to an estimated 800 billion market by 2024.
Now to fully understand this project, there are also four topics that need to be explained a bit further. These are what NFT’s are, what the metaverse is, what an incubator is and does, and the same goes for launchpads. NFT’s are non fungible tokens. Fungibility refers to items that are replaceable for the exact same item. Which means that non fungible tokens cannot be replaced. There is only one of them. Think of an original Van Gogh or one of a kind legendary Pokémon card. NFT’s are the one of a kind assets in the digital words. Examples are crypto punks, Sol Bears, Pixel Dudes etc. The digital tokens can be thought of as certificates of ownership for virtual assets (such as in-app items and digital art) or physical assets (such as real-life paintings and even houses). So these NFT will show that you are the rightful owner of that particular object.
What is the metaverse?
Now NFT’s are also used in the metaverse. Metaverse is a portmanteau, combining the prefix ‘meta’ and the word ‘universe’, and is generally used to describe a virtual universe, accessed by virtual reality (VR) technology. Now in recent years VR has made it’s way from massive bulky headsets tethered to your PC, to standalone devices, and now goggles. As the lenses and screens improve, so does the vision of the road ahead. So the technologies that make up the metaverse can include virtual reality as well as augmented reality that combines aspects of the digital and physical worlds. However, it doesn’t require that those spaces be exclusively accessed via VR or AR. A virtual world, like aspects of Fortnite that can be accessed through PCs, game consoles, and even phones, could be metaversal.
How does an incubator work?
An incubator firm helps grow a startup from an early-stage idea to a company that can stand on its own. Services provided by incubators include office space, administrative functions, education and mentorship, access to investors and capital, and idea generation. crypto incubators are companies that search for potential successful projects and give them a helping hand throughout the critical stages of their development. This often occurs from the ground up. Services that an incubator provides can range from funding, marketing, advising, strategy, community building, and more. So it’s basically the same as a regular incubator but only specialized in crypto.
What are launchpads?
Crypto launchpads are platforms for launching new coins, crypto projects, and raising liquidity. In recent months, the crypto launchpads have been gaining much publicity. You can use them to identify early-stage promising crypto projects and participate in their presale rounds. Usually there is a whitelist procedure to be eligible to participate in the public sale through the launchpad.
Decentralized Gaming studio
So now that we’ve got a basic understanding of the possibilities MetaXSeed offers, it’s time to dive a little bit deeper into the project. However, before we do please know that I am the official marketing advisor for the MetaXSeed team and this post is part of their marketing campaign and sponsored by them. Also, I’m not a registered financial advisor so my posts nor videos are not ment as financial advice. I try to educate and entertain you on new projects in the crypto space to help you better understand them. Right, let’s get on with it!
Now besides being an incubator and Launchpad, MetaXSeed is also the blockchains first gaming studio. This is something that makes me very excited about this project. Imagine having a game like Grand Theft Auto five with all of its features and designs. Imagine MetaxSeed having a library with that many designs that developers can use. So you can come to MetaXSeed as a developer, sharing your idea and then let MetaXSeed do the rest as a gaming studio. The whole idea behind MetaXSeed is being a package deliverer. For independent developers this means MetaXSeed can offer a launchpad and marketing. For live games that want to switch from web 2 to web 3 we can help too. For non crypto gaming studios, they can be helped moving their infrastructure from a non play 2 earn environment to a play 2 earn environment. Which will probably happen more and more since the past few years we’ve seen a tremendous increase in games that offer in game purchases which makes sense on the blockchain too. The packages consists of launchpad and marketplace for let’s say tokens and NFT launches, marketing and advisory for things like advisory, whitepaper and sentiment analysis, game development in the shape of storyboarding, proof of concepts, audio and visual effects and many more, leveraging digital assets with the usage of basage 3d environments and so on, performance, scalability secutiry and modularisation for game development, web 3, wearables cross chain and partner ecosystem for integrations, NFT mining, token staking and guild setup for gamefi and finally, MetaXSeed can help integration into open metaverses such as metax, netvrk and bloktopia. What projects will have to do in return, is send 3 to 50% of their game tokens to Xseed and in return they will receive one or more packages.
The MetaXSeed ecosystem
The metaxseed ecosystem will have two parent tokens covering a range of utilities. Under MetaxSeed you have a decentralized gaming studio, free incubated game token airdrops, profit share of incubated games, launchpad, automatic whitelist into public sales of games, genesis character NFT’s, digital asset libraries, AI market analysis tools and a vesting, return on investment and profit and loss tracker. Under MetaX, we have the metaverse. So character and environment designs, metaverse land sale, play 2 earn transaction revenue, advertising revenue, VR wearables integration and SDK, and security, performance and scalability infrastructure. Both the Xseed and the MetaX are connected to the metaverse in the shape of a community lounge, escape rooms, allocation gamification and social gaming. The metaX token is going to be launched as an umbrella token for a range of play to earn games and infrastructure within the metaverse. Which, there are already three planned and those are Age of Dragons, Block Football Manager and Chain Ski. Check out this quick bit of game footage.
Looks great for a blockchain right? Makes me curious to see what else is coming. Now football manager will be the first football manager game on the blockchain. You can own players, stadiums and stake players to train. New players wil emerge based on the blockchain hash making them unique. Chain Ski, is a VR ski-as-you-earn & free-to-play ski resort within Netvrk entertainment district. Own skiers, upgradable equipment and put on your haptic wearables to try the down hill or x-country challenges.
Now to be able to get an allocation, you will need to fulfil the tier requirements. There are a total of 5 tier levels depending on the amount of $XSEED holdings and the collected genesis NFTs and they give you access to early stage project contributions through their IDO and INO platform. The exact details will be confirmed after launch so unfortunately I can’t tell you the specifics yet.
Tokenomics
The total supply is 200 million and the initial market cap will be 361.000. One of the things to pay attention to is the size of the allocation for the team and advisors. In this case the team takes 13% and the advisors 6% so that’s 19% of the total token supply and comes down to 38 million tokens. The vesting schedule for the team is 12 months, and advisors 6 and then the tokens will be released over 18 months for the team and 24 months for the advisors. Now I’ve briefly mentioned it, but I’m part of the marketing team and I am being sponsored for this video. However, the tokens that I’ve received will be locked for 6 months and then released over 24. So with these vesting schedules you will know for a fact that the tokens can’t be dumped by the team at launch, which is a good indicator they are in it for the long run. Also, unlike many other projects I have actually worked with and talked to the CEO many times before, and I can tell you he’s very passionate and serious about this project. However, this is not financial advice nor am I a financial advisor. Always make sure to do your own research before you decide to invest into projects. I can’t stress that enough, especially now that I’m personally involved. Right, let’s move on to the rest of the team.
Team and roadmap
The CEO is Shipon, a blockchain expert and play to earn games analyst. He has over 20+ years with computing finance and project management and was an advisor for several crypto vc’s. He has invested in more than one crypto project himself and is very passionate about the blockchain technology. A link to the full team will be placed in the description so you can read up on all of us and do your own research. As far as the roadmap goes, this runs from the final quarter of last year till the second quarter of next year. We’re in the first quarter right now and they are releasing the pitch deck, gather their team and focus on community growth and much more. In the next quarter, they want to introduce staking, launchpad, binance smart chain support and much more. The final quarter of this year and the first quarter of next year will revolve around introducing more and more possibilities, different chain supports and launches. The entire roadmap can be found in the description down below as well, and I highly encourage you to check it out. Keep in mind that roadmaps are subject to change, because of reasons like market circumstances or certain bugs that are found when launching things or coding. This is all very normal and just realize that all good things take time to create.
Socials
The final topic I’d like to mention are the metaxseed socials. They have a Website, Twitter, Telegram, Telegram announcement channel and email address where you can reach out to them and/or find all the latest developments. Please keep in mind that the main social channel for this project is Discord. Please make sure to follow both of them to stay up to date on the latest news.
So what are your thoughts? Do you think a blockchain gaming studio is something you’d be interested in and see succeed in the longrun? Let us know in the comments. Either way, I’m happy to be a marketing advisor for them and look forward to what the future brings us. In case you want to see a visual presentation of this project, please check out my MetaXSeed video on Youtube:
Thank you for reading, and I’ll see you next time! Doei!
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
0
0
Average Rating