Exverse, a free-to-play Web3 game, has managed to raise an impressive $3 million in a recent private funding round. The focus of Exverse is to breathe new life into the AAA first-person-shooter genre by leveraging Web3 technology. The team behind Exverse aims to rectify the shortcomings they observed in early Web3 gaming models and deliver a top-notch gaming experience to their players.
Unlike its predecessors, Exverse has chosen to prioritize game development over tokenomics and marketing gimmicks. The company believes that in order for NFT or blockchain games to succeed beyond the initial hype phase, they must cater to mainstream gamers and crypto enthusiasts alike. By forging strategic partnerships with key industry players, Exverse hopes to ensure successful development, establish a sustainable business model, and implement an effective market entry strategy.
Fei Ooi Hoong, the CEO of Exverse, emphasizes the company’s unique strategy, stating, “Our hybrid approach is the result of our understanding that for NFT or blockchain games to succeed post-bull market, they need to appeal to gamers in the same way as beloved titles like ‘Call of Duty,’ ‘Halo,’ and ‘Counter-Strike’ have.” Exverse’s primary focus is on creating a fun and visually appealing game, with token mechanics being strategically integrated to reward skill, rather than focusing solely on conducting an IDO.
Exverse offers players a diverse universe spread across three distinct planets – Social, Quest, and Battle. Each planet caters to different gaming preferences while maintaining a cohesive narrative throughout the game. The emphasis is on competitive gameplay, advanced physics, and immersive visuals. Additionally, players can engage in social events, seasonal cycles, and even generate their own content within the Exverse universe.
By leveraging Epic’s Unreal Engine 5, Exverse combines blockchain technology with high-quality, real-time gameplay. The game takes a stance against pay-to-win models and instead focuses on rewarding skill. Players can stake tokens at the beginning of a season and the top performers have the chance to earn profits from in-game NFTs, such as cosmetic items and skins.
Exverse’s innovative approach to game development and its commitment to creating a high-quality gaming experience sets it apart from other Web3 gaming models. With a strong focus on gameplay, strategic partnerships, and player engagement, Exverse is poised to make a significant impact in the world of blockchain gaming.
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