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About NFT Worlds
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What is NFT Worlds (WRLD)?
: A play-to-earn (P2E) metaverse platform based on Minecraft, built on blockchain technology. -
Key Features:
- 10,000 unique worlds available
- Players can purchase NFTs, explore community-created metaverses, play games, and earn cryptocurrencies
- Decentralized platform, community-driven, and runs on Ethereum
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Founders:
Co-founded by ArkDev and Temptranquil, with a core team of 5 people assembled in September 2021
In the Realm of NFT Worlds
Introducing NFT Worlds (WRLD): A Revolutionary Concept
NFT Worlds is a pioneering play-to-earn (P2E) metaverse platform, meticulously crafted on the foundations of Minecraft and powered by blockchain technology. Within this immersive ecosystem, players can acquire unique non-fungible tokens (NFTs), venture into community-designed metaverses, engage in captivating games, and earn cryptocurrencies – a burgeoning sector aptly dubbed GameFi. As they navigate this virtual realm, players can collect distinctive digital parcels of land, with game plots algorithmically generated to create an expansive, open virtual world. The NFT Worlds collection boasts an impressive repertoire of 10,000 diverse worlds, awaiting exploration and discovery.
Inspired by the vast, open worlds of Minecraft, developed by Mojang Studios, the NFT Worlds ecosystem leverages the open-source ecosystem of Minecraft, albeit without any affiliation between the two companies. Notably, in July 2022, Microsoft-owned Mojang declared that Minecraft would not integrate NFTs and blockchain technology. Following this announcement, the value of NFT World’s WRLD token plummeted by 60%. Undeterred, the company has since announced plans to develop a new game built upon the foundational mechanics of Minecraft.
The decentralized platform, fueled by community engagement, operates on the Ethereum blockchain. NFT Worlds boasts its own proprietary in-game cryptocurrency, the WRLD token, which serves as a reward for immersive gaming experiences. Additionally, WRLD tokens can be earned through participation in the ecosystem’s engaging mini-games.
The Visionaries Behind NFT Worlds: Meet the Founders
The project was co-founded by visionary developers ArkDev and Temptranquil, who brought together a collective of talented individuals to form a robust ecosystem. NFT Worlds is supported by a network of trusted developer partners, who craft immersive content and gaming experiences, as well as a team of skilled community moderators. The core team of five innovators converged in September 2021, and on October 5, 2021, NFT Worlds officially launched. To commemorate this milestone, 10,000 NFTs were minted and distributed gratuitously. The ecosystem’s native token, WRLD, was successfully launched in December 2021, marking a significant milestone in the project’s evolution.
Unveiling the Unparalleled Essence of NFT Worlds
Notwithstanding the ban, NFT Worlds has unveiled plans to ensure seamless integration with existing Minecraft server development plugins and practices, thereby enabling current creators to continue building upon the Minecraft platform without interruption. Furthermore, users will have the liberty to craft their own universe and generate revenue by staking, renting, and collecting commissions for impressions, services, and experiences. The platform will boast an expansive network of 10,000 interconnected worlds, complete with portals, and allow for the transfer of ownership of assets, NFTs, and virtual worlds.
NFT Worlds also boasts: a vibrant social networking metaverse where gamers converge and interact; a captivating universe where epic battles, trials, and exploration unfold; a richly immersive role-playing game metaverse, replete with a compelling narrative, comprising multiple chapters of engaging content.
The gaming experience is seamlessly accessible and tailored to individual preferences, boasting intuitive controls, user-friendly instrumentation, and adaptable game mechanics. Each uniquely crafted world composition is a distinct amalgamation of diverse game characteristics, ensuring a one-of-a-kind experience. The rarer the combination of features, the more exclusive privileges and functions the owner can unlock, resulting in increased staking profits.
The overarching vision of NFT Worlds is to evolve into a comprehensive, open ecosystem that seamlessly integrates diverse, notable metaverses and NFT projects.
What Is the Circulating Supply of NFT Worlds (WRLD) Coins?
$WRLD is the native cryptocurrency and utility token of NFT Worlds, seamlessly deployed on the Ethereum blockchain. Furthermore, WRLD is also compatible with Polygon, a layer-2 scaling solution that significantly enhances efficiency, scalability, and reduces gas fees, thereby fostering a more streamlined user experience.
WRLD boasts a plethora of innovative features, including an in-game currency, where world owners accept WRLD tokens as payment for granting access to exclusive experiences, unique content, rare digital items, and global perks. Players engage in missions, participate in competitions, emerge victorious in battles, and receive rewards in WRLD. Furthermore, WRLD tokens can be utilized to acquire additional custom NFTs. By staking their WRLD, players are rewarded and contribute to the growth and development of the entire ecosystem. Moreover, owners of virtual worlds have the opportunity to rent them out in exchange for WRLD, earning staking rewards and a rental fee.
The tokenomics of WRLD are as follows: the maximum supply of WRLD is capped at 5,000,000,000 coins, which are allocated as follows: 50% (2,500,000,000 $WRLD) is reserved for Play-to-Earn (P2E) rewards; 10% (500,000,000 $WRLD) is designated for NFT Worlds owners; 35% (1,750,000,000 $WRLD) is set aside for staking reserves; and 5% (250,000,000 $WRLD) is allocated to team reserves, earmarked for promotional activities, partnerships, and growth initiatives.
As of August 2022, the circulating supply of $WRLD has surpassed 590 million, accounting for approximately 12% of the total.
The Security Architecture of the NFT Worlds (WRLD) Network: A Robust Framework
NFT Worlds is built on the Ethereum blockchain, which presently operates on a proof-of-work (PoW) consensus mechanism, but is slated to transition to proof-of-stake (PoS) in the highly anticipated Ethereum Merge. This pivotal shift is expected to significantly diminish the energy consumption and computational power required to validate transactions, thereby enabling the seamless integration of diverse applications while ensuring the secure safeguarding of staked assets.
NFT Worlds (WRLD) has undergone a rigorous audit by Certik, a renowned authority in blockchain security. Leveraging cutting-edge formal verification technology, Certik meticulously examines smart contracts, blockchain protocols, cryptocurrency wallets, and decentralized applications (dApps) to ensure their integrity and reliability.
Where to Acquire NFT Worlds (WRLD) Tokens
If you’re interested in acquiring NFT Worlds (WRLD), it is currently listed on a variety of prominent exchanges, including Uniswap (V3) on Polygon, Uniswap (V3), LBank, MEXC, CoinEx, QuickSwap, BKEX, CoinW, and ZT.
Stay up-to-date with WRLD’s real-time performance – download the CMC mobile app now.
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Associated Resources:
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Delve into the realm of non-fungible tokens (NFTs) with our comprehensive CMC glossary.
CoinMarketCap Research delves into the realm of play-to-earn gaming with the inaugural GameFi Industry Report, offering a comprehensive examination of this burgeoning sector.