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Metaverse May 19, 2022

Elite Token unveils NFT drop and game

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The NFT Drop and the beta version of the “Runiverse” were revealed today by Elite Token, the all-in-one crypto system for mobile, influencers, NFTs, metaverse, and Play2Earn. The new gaming platform is compatible with the most prominent metaverses, allowing users to compete in the crypto market.

The Runiverse is a gamified investment and play-to-earn platform

Users effectively conduct short trades in a fun application, betting cryptocurrencies against one another based on market performance between 30 second periods. The various cryptocurrencies are represented by “Runners,” NFT skins that compete with one another. You can either gamble on a cryptocurrency and receive a payout if it wins, or you can get a percentage of all the races won by the cryptocurrency that your NFT represents if you own a Runner NFT. Quickswap and Binance provide real-time oracle data for the game.

Celebrities such as Gianluca Vacchi, an Italian multimillionaire stock magnate turned DJ and co-founder of Elite Token, embody the NFT avatars that race in the name of crypto tokens. The P2E program from Elite has the potential to replace horse racing with crypto racing, and horses with celebrities.

Every competition is held on NFT “Tracks” using NFT skins known as “Runners.” Every time one of these NFTs is utilized as a Track or the Runner is chosen by a player, the owner is rewarded. The incentives are expected to be substantial, with annual revenues in the thousands of dollars. The litepaper contains further information on the concept, and people can try out the game in a beta on the Runiverse website. The beta allows players to earn real cryptocurrency starting today.

The Runiverse is a “double or nothing” game, with a $5 minimum bet and the chance to win the entire pot of $10, minus a 5% commission split among the owners of the NFTs involved. NFTs receive 5% of the overall prize pool in each game, while each Runner NFT receives 1% and each Track NFT receives 3%.

Elite Token’s early access white list NFT sale begins at 11:00 a.m. ET today, giving early birds the opportunity to acquire a special price and secure a limited edition “Winning Emotes” NFT before the public sale begins. The sale will begin with “Emote NFTs,” which will be offered in numerous rounds. These nonfunctional aesthetic NFTs will add special effects. The first set will feature a variety of dances as well as previously unreleased DJ soundtracks. The $ELITE token’s Emote dances are inspired by co-founder Gianluca’s renowned viral beach dance.

For MetaNews.

Jonathan Hobbs is an Australian investor and author that trades on a variety of asset classes, including currencies, equities, and commodities. Jonathan’s experience as a macro trader leverages his unique writing style to combine important elements, such as technical analysis and news. The other elements that he brings into his unique writing styles are foundation analysis aimed at rational equilibrium values, evaluating the sizes and motivations of buyers and sellers, as well as identifying the needs of the buyers and sellers in the individual markets. Jonathan is committed to quality writing for new traders as well as veterans.

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Metaverse

Sad Society is a new community NFT

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The SAD Society is a collection of 7777 different non-fungible tokens (NFTs) that have been generated at random and are hosted on the Ethereum blockchain. SAD Folks are more than simply a PFP because holders will have access to a completely anonymous social platform centered on mental health called SADs Anonymous. On this platform, individuals will be able to chat about their experiences and challenges while staying anonymous to other users.

The allowlist sale will begin at 19:00 Coordinated Universal Time on July 15th, 2022

SAD Everyone, regardless of their gender, ethnicity, sexual preference, history, or status, is able to be entirely themselves and anonymously express their feelings within the community that is society. Society is both a secure space and a community.

Owning any SAD People will be able to gain access to SADs Anonymous, which is a completely anonymous social platform where they can be their true selves without the fear of oversharing and where they can talk about their personal experiences, traumas, achievements, and struggles. Holders will receive access to SADs Anonymous.

“We believe that with the notion of SADs Anonymous, we can help everyone become more in touch with their actual selves and more comfortable with communicating, and that we can get individuals from all over the world to share their stories and empathize with each other,” said the founders of the organization.

When the sale of allowlist tokens comes to an end, any tokens that are still in the allowlist supply but have not been minted will be put to the breeding pool. To determine the base supply of the breeding pool, start by taking the entire supply and deducting the allowlsit supply, as well as the 20 tokens that are set aside for the team.

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Metaverse

CarzSo unveils metaverse showroom

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Metaverse is more than just an idea. The way cars are sold has already changed due to it. India’s first used vehicle store has opened in the metaverse thanks to VR-based auto tech company CarzSo. In the metaverse, customers can purchase used vehicles. They can select from a variety of makes and models that the company have carefully chosen, according to Vaibhav Sharma, founder and CEO of CarzSo, who spoke to indianexpress.com.

CarzSo provides search options that enable you to quickly locate the ideal vehicle

Users can explore a wide selection of automobiles and narrow down their choices by make, model, price range, body shape, etc. with the assurance that they will only buy the best cars.

The auto tech start-up wants to become the first firm in the world to bring the retail auto sector to the metaverse area and has also revealed that it will be creating an NFT-based parcel of land for the launch of an auto industry-focused metaverse.

Sharma claims that the business is concentrating on creating a game platform based on this idea. The automotive technology startup also wants to make it easier for car owners and buyers to construct or mint virtual assets (NFTs) of their automobiles. This will give owners of vehicles a special digital identification for their cars. The auto owners will also have the option of creating later-tradable NFTs of their license plates.

The auto tech startup already has a web 2.0 presence where customers can purchase and sell cars using VR and virtual showrooms. Customers will be able to avoid making a trip to the dealership and purchase cars virtually thanks to the new invention, which will complement the company’s already established virtual showrooms.

“Being the first virtual reality and virtual showroom based car tech firm in India, it was necessary for us to launch metaverse as soon as possible. However, given the market’s recent growth, the timing could not have been better. With the world’s first web 3.0 company centered on the auto sector that deals in NFTs and meta land for auto industry players, we are happy to finally be able to bring our vision to life,” Sharma continued.

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Metaverse

Niantic to release metaverse social app

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Niantic, the maker of famous augmented reality mobile games like Pokémon GO and Pikmin Bloom, made its Lightship Visual Positioning System available to developers at the beginning of this month. By doing so, the company laid additional groundwork for its ambitious “real-world” metaverse. Additionally, the company introduced Campfire, a novel form of social network that will assist users in finding new friends, games, and activities to participate in.

Niantic has announced that it will begin rolling out its social app in certain regions this week

The app will provide users with a simpler method to connect with the Niantic community. This summer, support for Niantic games will be made available to a limited number of Pokémon GO users before being made available to all games and gamers at some point in the not too distant future.

The software includes a number of other networking functions in addition to the gaming options. A dynamic map of your immediate vicinity displays other players, events taking place in the community, and in-game experiences. A tab that can be found at the bottom of the screen has a number of helpful tools that enable users to maintain connections with existing friends as well as make new acquaintances.

Users can establish a group chat, arrange gym raids, share their whereabouts with pals, keep track of upcoming gatherings, and more using this app.

“Using a map is a great way to explore, whether you’re going somewhere new for vacation or you just want to discover new parts of the city you live in. According to a statement made by the company in an official press release, “And if you meet up with other people, you may send them a friend request and direct message to organize your next rendezvous.”

“We are delighted to explore the different ways in which you utilize Campfire to encourage the kinds of real-world connections that have always been at the heart of what Niantic does.  Over the following few days, Campfire will start rolling out in certain places throughout the world.”

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