Nobody knew the potential impact of cryptocurrency when Satoshi Nakamoto, an anonymous developer launched Bitcoin in January 2009. Although there were many rumors of cryptocurrency’s potential, the reality was that it wasn’t going to change the world. Today, it’s all coming true, and what started as an experimental payment system for the techiest of the techies is disrupting industries worldwide; gaming included.
In hindsight, it’s no surprise that digital currency and digital worlds go together – cryptocurrency fits gaming like a glove. Blockchain technologies such as NFTs make it possible to create peer-to-peer virtual communities. This empowers gamers by giving them ownership over the games they play.
What NFT Players Do to Make a Living
NFTs are also known as Non-FungibleTokens. These blockchain records prove that you own unique digital items such pictures. NFTs are used to represent characters, equipment, buildings, and other items in games. The NFTs can be used to generate income in games that use cryptocurrency and NFTs. Players have two options: they can either earn cryptocurrency straight or trade NFTs for crypto. As such, these games are commonly referred to as “Play-to-Earn”.
One of the two Play-to Earn games are available. Axie Infinity is one example. These games are standalone and are tied to their game world. Runiverse is one example. It spans across multiple large-scale crypto gaming platforms, called metaverses.
The word “metaverse” comes from “meta” for “beyond” and “verse” for “universe”. Effectively, metaverses are interactive virtual worlds where players can socially experience independently-created games and events. The two most popular metaverses at the moment are Decentraland (and The Sandbox), which are both rapidly becoming populated and maintained by companies like Adidas and Atari.
Runiverse will soon be available in Decentraland and The Sandbox, as well as their metaverse. It is the first cross-metaverse game that allows players to challenge each other based on performance in the crypto market.
Runiverse allows players to pick tokens from their crypto wallet, place wagers and face off in 30-second races. The speed of the runner is determined by the price action for their token. Players whose token rises by the highest percentage during that time frame will see their runner sprint ahead of the competition to win them the race and their opponent’s wagered crypto.
Runiverse is part Elite Mobile ($ELITE), which is a crypto system designed for mobile industry. It supports influencers and NFTs as well as metaverses. Runiverse is Elite Mobile’s first foray into cryptocurrency gaming, and aims to create a gamified ecosystem that will benefit gamers both within the Elite Mobile community and the countless metaverses abroad.
Runiverse offers players more than just earning crypto through racing. NFT tracks can be purchased and sold by players. They host comps, and then send out a 6% portion of the winnings to their owners. Players also have the option to earn passive income. For gamers looking to get started, the Runiverse Demo can be played directly from Runiverse’s official website. To get started, players simply need to connect to their Metamask wallet.