Navigating new realities as metaverse forges ahead

The metaverse is a collection of 3D virtual worlds that aim to build social and economic connections. It has grown rapidly and was valued at $234.04 billion last year alone. Experts forests the sector to be worthy $3.4 trillion by 2027. 

The metaverse has captured the imagination of a significant portion of the digital economy, with a recent research report by the World Economic Forum (WEF) suggesting that over 700 million people are expected to use this technology regularly by the close of the decade. 

Industry leaders such as Google and Microsoft have started investing in this space, with Google contributing $39.5 million to a private equity fund for metaverse projects and Microsoft acquiring video game giant Activision Blizzard for $69 billion to explore the metaverse gaming realm further.

The evolution of this digital universe

Technological advancements are crucial for the success of the metaverse. Critical trends expected to contribute to the growth of this space include increased enterprise adoption, the use of advanced AR/VR technologies, and the integration of cloud computing services for efficient data management.

Amid this, LandRocker aims to provide a play-to-earn (P2E) gaming experience focused on exploration and space discovery. The blockchain ensures fair reward distribution, while the game’s combination of strategy and adventure, complemented by immersive 3D and accessible 2D versions, offers a diverse gaming experience for players.

You might also like: Mauritius collecting feedback for inclusion of the metaverse

LandRocker’s gaming universe is enriched by AI-generated planets and multifaceted Rover mechanics. Players can engage in various activities, from strategic resource hunts to thrilling PvP battles, each offering different ways to earn rewards. Using NFTs for Rovers and Planets adds an extra layer of strategy and investment, allowing players to participate in the game’s economy.

LandRocker recently announced its upcoming token sale, which is set to begin on Nov. 27. After a successful $1.75 million seed round, the token sale marks a significant milestone in LandRocker’s journey and reinforces the project’s commitment to innovation within the digital asset ecosystem.

Envisioning metaverse’s future

The metaverse has the potential for significant growth and expansion, with forecasts predicting a yearly increase of 41.6%. This growth is expected to be driven by various industries, including social media, entertainment (such as video games), and healthcare.

A recent survey found that technology is already changing the retail industry, with 70% of respondents anticipating using virtual fashion storefronts where individuals can try on clothes from their homes. 

The metaverse has a daily client base of over 400 million users as of 2022 and promises to bring about positive changes worldwide. LandRocker is a company that specializes in utilizing the interactive capabilities of the metaverse for gaming and other experiences. 

With a focus on P2E opportunities, the company is contributing to the growth of the metaverse. Its approach puts it in a position to shape the future of the digital realm.

Read more: Experts warn of ‘ticking bomb’ for supply chain attack

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Follow Us on Google News

Comments

Post a Comment

Popular posts from this blog

Fetch.ai Price Prediction: FET Pumps 14% On Nvidia Earnings As AI Cryptos Boom And Analysts Say This New Solana Meme Coin Might Outperform BONK, WIF And MYRO

Image
The Fetch.ai price has soared by 14.5% in the past 24 hours to trade at $1.12 as of 8:15 a.m. EST on trading volume that surged 10.5% to $612 million. This surge came after AI chip maker Nvidia reported that fourth-quarter earnings had surpassed market expectations, buoying most of the AI crypto sector. Other AI cryptos to surge included Render (RNDR), Akash Network (AKT), and Bittensor (TAO), all ascending by double digits. Fetch.ai Price Susatains Bullish Momentum Above the Bullish Pennant FETUSD Analysis by Tradingview The Fetch.ai price indicates a continued uptrend after breaking from the consolidation stage. However, the resistance level at $0.78 has led to the formation of a bullish pennant, which signals a bullish trend reversal. However, the bulls seem to have acted on the pennant, indicating resilience on the $0.4424 support zone and flying the price past the $0.78 resistance, confirming the bull rally to the $1.17 resistance level. The technical indicators are bul...
Read more

Bitcoin slicing through this resistance could send it over $47k

Image
Although the majority of assets in the cryptocurrency sector got off to a slow start this week, Bitcoin (BTC) could be looking at a massive advance toward and beyond the threshold of $47,000 soon, provided it manages to break the key resistance that currently stands in its way. As it happens, Bitcoin’s realized price distribution (URPD) or unspent transactions output (UTXO), or the amount remaining after every transaction, suggests that the maiden cryptocurrency is facing “stiff resistance at $38,500,” as noted by crypto market analyst Ali Martinez in an X post on November 26. Having said that, the crypto trading expert also observed that the flagship decentralized finance (DeFi) asset “slicing through this barrier could help BTC advance toward $47,360,” which is the next significant point in the chart Analysis that Martinez shared. Bitcoin UTCO realized price distribution. Source: Ali Martinez Specifically, UTXO UPRD shows at which prices the current Bitcoin UTXOs appeared, ea...
Read more

Binance faces calls for ban by Nigerian Bureau De Change association

Image
Gwadabe reportedly emphasized that Binance trading has increasingly established itself as a central point for both the Investor and Exporters window as well as the parallel market. Binance continues to experience an increase in regulatory heat as the Federal Government of Nigeria is being urged by the Association of Bureau De Change Operators of Nigeria (ABCON) to prohibit the activities of Binance within the nation. ABCON is a self-regulatory body and an umbrella for all the central bank-licensed Bureaux de Change (BDC). This action comes in response to the association reportedly recognizing Binance as a significant contributor to the pressure on the naira. As reported by Nairametrics, a local news agency, Alhaji Aminu Gwadabe, president of ABCON, provided this counsel in an interview held on Aug. 8 in Lagos. Gwadabe reportedly emphasized that Binance trading has increasingly established itself as a central point for both the Investor and Exporters window as well as the parallel mar...
Read more