THE METATUBE is a 3D and AR Metaverse game built on the zkTube Layer2 network

guinevereb (27)in #gamefi • 3 years ago

Overview:

The video game industry still struggles with the lack of real ownership of the content in the game. The market will surpass $200 billion by 2023. This number comes after players spent $87 billion in 2019 buying in-game assets that they have no real ownership of.

One of the most prominent problems in the traditional video game industry is the denial of property rights to in-game assets. Players are not the actual owners of their in-game property even if they purchased it with in-game currency and then purchased it with fiat currency

In-game content is one of the top revenue bases for video game companies as most games adopt a Free-to-Play model with high demand for in-game content. Players are spending billions of dollars each year buying in-game assets with no or no actual ownership of them.

Blockchain technology has allowed some games to introduce real ownership of in-game assets, but the utility for this new concept is still small and has had no real impact on the industry. MetaTube will introduce new concepts and utilities for in-game assets using blockchain technology

What is MetaTube ?

MetaTube is a 3D & AR Metaverse game built on the zkTube Layer 2 network. It is jointly developed by zkTube and Unity. The game offers high-quality graphics with super interactivity. The game is created with the concept of Play-to-Earn and Move-to-Earn, enabling users to earn NFTs. The roadmap of MetaTube is clear, and the team is continuously working to achieve set milestones.

zkTube appeared as the first application to adopt PLONK technology for environmentally friendly mining mechanisms. The company is based in Australia and provides the best scaling solution on Ethereum Layer 2. zkTube strongly believes in the bright future of the GameFi market and is focused on developing a robust zkTube ecology. Recently, zkTube officially launched its GameFi, “MetaTube”. The blockchain ecosystem is also evolving. Many big names of the sports and entertainment industry, such as Kevin Durant, are also entering the blockchain-related fields, especially the NFTs associated areas.

What is Cyber City ?

Cyber City is an electronic city on the Blockchain platform on mobile devices and PCs. The game focuses on a fictional city.

Cyber City is described as a rich city with many different areas. This city full of magical elements is pulled by an invisible and close force, and eventually evolves into various Galactic elves. The attributes of the Galactic elves can be enhanced and upgraded by continuously absorbing other magical elements floating in the universe, or winning a battle to absorb their magical elements. other crystals. Due to the rapid increase in the type and number of elves, the balance between the elves was disrupted, accompanied by constant struggles between the different elves, and the forest was once quiet. , at this moment, the fighting atmosphere of various magic elements was filled.

FEATURES OF ZKTUBE

Security : the rollup contact keeps track of the it's entirely history of stake roots & the hash of each batches. If anyone roots & the hash of each batches if anyone discover that one batch had in incorporated post state root they can publish a proof to chain providing that the batch was proof & revert that batch & all batches after it

Transaction fee: Gasprice cal allows users to pay with a fixed range of gas prices or even move gas payment outstanding the rollup protocol entire have transaction pay batch create for inclusion in through a channel.

PayTube Wallet
PayTube Wallet is a Web3.0 application on the zkTube network. Users can
access any Ethereum Dapp through a one-click link to the wallet. After the connection is established, users can buy/sell cryptocurrency, explore Dapp, staking, insurance, games and a series of operations.PayTube Wallet is a non-custodial decentralized wallet. In the first version, users need to save their own private keys. (About the private key: The PayTube Team is studying and exploring the safest way for users to solve the solution once the private key is lost, without affecting the nature of decentralization.)

Governance: zkTube on-chain governance updates and upgrades the protocol throughsmart contracts. On-chain governance is governed by node voting, punishment, and elimination mechanisms, allowing all ZKT holders to participate in the network construction, and the on-chain governance mechanism is still under development.

Current situation of NFT games marketplace

The market of non-fungible token games (NFT games) has taken the blockchain industry by storm. According to an annual report compiled by Blockchain Game Alliance, NFT games generated $2.32 billion in revenue in the third quarter of 2021. Axie Infinity dominated the chain game industry by generating an ever high $2.5 billion trading volume in September 2021. The industry has also gathered massive media coverage this year. The number of crypto wallets related to the gaming sector increased 25 fold, reaching from 29,563 to 754,000 in Q3, 2021. Play-to-earn games have been the biggest driver, 68% of the growth in the industry.

With such an increasing trend and adoption, many new and extraordinary GameFi projects are coming into the market. The number is expected to double in the coming year 2022.

MetaTube is determined to develop GameFi quality products

Any new project must stand out with its amazingly distinctive features to be a part of the rapidly developing GameFi industry. zkTube understands this, therefore, is focused on creating outstanding GameFi.

zkTube through MetaTube is determined to develop quality GameFi that can meet the current market standards. zkTube is also hopeful of creating a globally accessible GameFi Layer 2 ecosystem.

zkTube is a preferable platform for developers to create Metaverse and GameFi projects. Therefore, quality in projects would not be compromised by zkTube.

ETH brought to the typical worth - By using the puzzling showing of zkTube, the ETHGAS charge is decreased, and customer trades at Layer 2 are more standard than as of now at Layer 1, dealing with the issue of ETH block. Likewise, applications that require high TPS or related cutoff focuses have been managed on zkTubeLayer2 this time. The zkTube mainnet is on the web, and the two customers and providers of occupations dependent upon the zkTube show will give the puzzling show support affiliations, which can interface better improvement of usages and blueprints to Layer 1. This will be what zkTube truly needs. The assessment is to manufacture a climate reliant upon ETHLayer2.

Therefore, MetaTube is invested by the Zktube ecosystem to develop its technology, which is one of the very important factors for the development of the project. I hope this article will receive many comments about the project as well as about my article. Thank you