Metaverse March 26, 2022

Ultiverse receives investment from Binance

Published

2 months ago

March 26, 2022

Ultiverse received a $5 million investment from Binance. The metaverse game business previously closed a $4.5 million seed round a week ago. Binance Labs, Binance’s venture capital arm and innovation incubator, revealed the prior seed investment in a blog post on March 18.

DeFiance Capital co-led the funding, with participation from Three Arrows Capital and SkyVision Capital. Ultiverse’s MXS governance token was used to raise the first $4.5 million. However, the $5 million from Binance will be put in Ultiverse’s equity, according to the two companies.

According to Nicole Zhang, head of Binance Labs, additional investments were made to develop a relationship between the companies and allow Binance to have a role in the team’s future direction.

The profits from the initial round of fundraising, according to Binance Labs, would be used to help build a social gaming metaverse using BNB Chain, Binance’s blockchain.

According to Zhang, BNB Chain is the only ecosystem capable of sustaining large-scale gaming enterprises. Under the supervision of CEO Frank Ma, more than 100 staff are now working on Ultiverse’s games. Endless Loop, the startup’s first game, will be a 3D massively multiplayer online role-playing game (MMORPG) with play-to-earn capabilities, set to launch in the first quarter of 2023.

Binance just completed the acquisition of a business license in Dubai.

Binance, the world’s largest crypto-currency exchange by trading volume, has received a license from Dubai’s Virtual Assets Regulatory Authority (VARA) to undertake specific commercial operations in the region, according to Blockchain.News.

Last week, Dubai passed its first law governing virtual assets and established VARA as a market regulator to regulate the sector, giving Binance the green light.

The major exchange said in a statement “Pre-selected investors and professional financial service providers will be able to purchase limited products and services from the exchange. To enable access to the retail market, all VARA-licensed service providers will be monitored gradually.”

For MetaNews.

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Metaverse

My Neighbor Alice, A New Game From a Great Design Company

Published

5 hours ago

May 19, 2022

Billy Houghton

My Neighbor Alice, which is a Multiplayer-Builder game based on references to another popular game called Animal Crossing. MNA gives players the ability to own their very own virtual islands in the Gameworld, but also they can create weapons for defense of the islands they own. Players are represented in the world and on their islands by avatars, as it is with most games on the Metaverse or with the Metaverse itself. Their is a farming and survival mechanic also, which is heavily inspired by the Animal Crossing game, which has become highly popular in its own right. In the main article we will be examining the scope and mechanics of the game.

The Game Itself

My Neighbor Alice was developed by the company called Antler Interactive. AI is in fact one of the world’s most acclaimed gaming studios, and has been reviewed by many professionals. The design company is know for mixing reality bending mechanics with realism to create games that are very immersive. Gaming technology has made it possible for games like My Neighbor Alice to be as impressive as it is, and the gameplay is top-notch.

In the game, players can build various objects on their very own islands, can use these items for use in decorations and commerce in which they can earn the native token. Also, there are over a dozen catalogues of houses, animals, groceries, and wearable NFTs that can outfit the players avatars.

The other parts of the game that have yet to be released may include….

“My Neighbor Alice relied on ALICE coin, an in-game currency that token holders could use to invest and interact in the Alice realm. Coins can be exchanged for in-game objects and bets, as well as for play-to-earn rewards.” –Informe Review

MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.

Metaverse

Chain of Alliance: A Metaverse role Playing Game of the Year

Published

5 hours ago

May 19, 2022

Billy Houghton

Chain of Alliance, which has risen to a height of popularity that has drawn over 10,000 players to its servers. This game is a role-playing game with both strategy and puzzle elements included. It is also a heavily fantasy/science fiction built game that includes NFT sales and trade. Players, along with a loyal party of other players, are encouraged to go on fantastic adventurers, fight rival factions or competing AI-controlled monsters for loot. You can also gain experience points which enable you to further enhance and develop avatars. Character NFTs, for example, are unique items that can be assigned to the players character for added customization. In the main article, we will be looking at the details that make this game a great addition to the Metaverse landscape.

The Game Itself

In the game, players can engage their customized characters in varying kinds of player vs. player combat. Other Game Modes are also available, but all of them enable players to progress within the game at a steady pace. Upon release, the game will feature a turn-based, strategy and tactics centered game mode. However, developers have pledged to add more game modes in subsequent updates.

A good portion of the parcels within Chain of Alliance platform is owned b the player-base and not by the devs. After release, the developers will begin assembling data that will help them improve the game and make the native token as challenging, but fun, to acquire. This is so that the game never loses its ability to engage and inspire players to keep playing and earning.

The other parts of the game that have yet to be released may include….

“Chain of Alliance is a fully on-chain role-playing and strategy game in a fantasy/science fiction setting with NFTs. Join a party of adventurers and combat other players’ parties or AI-controlled monsters. Loot and get XP to enhance and develop your individual heroes!” –Informer Review

Metaverse

Krystopia is a Puzzle Game for Metaverse That Bends Minds

Published

14 hours ago

May 19, 2022

Billy Houghton

Krystopia, a 3D Metaverse game designed to entertain through mechanics that are well established in other games, is a game that takes place in 4 “chapters” or stages. Each of these chapters is possible to play as a complete and stand-alone game. The player’s progress is tracked by numbering the items that they collect, which increases your completion percentage. Players must solve and complete all of the available puzzles central to the game to be allowed to keep going. Players are allowed to go back and finish progress after they have completed a stage without collecting all the items. In the main article, we are going to examine some of the things that make this game fun and unique.

What Makes it Special

Krystopia is, at its core, a puzzle-solver/adventure game coupled with a relatively intriguing storyline that players can explore as they go along. In the beginning of the game, the user is introduced to the gameplay and mechanics with simple puzzles. Level 1 is composed of basically two puzzles that allow you to open the door which is locked. After the lock opens, the player can then progress into the next chapters.

As the game becomes more difficult, you are enabled to find more things and gain more points. the difficulty is progressive and scalable, keeping the users engaged and on the verge of not being able to solve the problems. Some of the problems and puzzles are extremely difficult and cannot be easily passed with some effort.

The other parts of the game that have yet to be released may include….

“You will be confronted with many puzzles to solve along the way, and here is where I had a mixed experience. While various types of puzzles are included, such as uncovering key cards to access important areas, figuring out the proper combination to different locks.” –Adventure Games Review