NFT Worlds is a project that uses a Polygon-based overlay on third-party Minecraft servers. Polygon is an Ethereum sidechain that allows users to pay lesser gas prices, or transaction fees. Players will be able to access Web3 services such as an online store where they can buy stuff for their Minecraft experience using the ERC-20 $WRLD token thanks to NFT Worlds’ blockchain overlay over Minecraft.
Minecraft, a computer game published in 2011, is getting a Web3 update thanks to a few non-Microsoft devs. Some of Minecraft’s software is open source, which implies that it can be developed by anybody with technical knowledge.
Minecraft lacks the established economy of its competitor Roblox, which has a thriving virtual marketplace. As well as its own digital money known as Robux. Thus, NFT Worlds brings a metaverse experience to an existing game. Which is fantastic news for Minecraft lovers and NFT collectors alike.
NFTs are virtual chunks of land in the case of NFT Worlds.
NFTs, which are unique blockchain assets, exist in a variety of shapes and sizes. There are 10,000 planets to choose from, with everything from icy tundra to forested islands to huge volcanoes. A piece of land now has a floor price of 14.5 Ethereum, or around $38,150. It is the lowest purchasable amount without going through an auction.
Minecraft’s player count has expanded since Microsoft purchased Minecraft developer Mojang Studios for a record $2.5 billion in 2014. By 2020, the game had 131 million monthly active users, and by 2021, it had more than 141 million. Furthermore, according to a press statement at the time, Microsoft’s $68.7 billion acquisition of Activision Blizzard was to help it develop “building blocks for the metaverse.”
Over a three-day period this month, more than 26,000 hours of play were reported on a test server for NFT Worlds, according to the company. And, after a few months of stagnation, the average price of an NFT World has increased by 10 Ethereum ($26,000) from January to February this year.