Ootiverse Seeks To Createa Sustainable Nft Ecosystem Driven By The Continuous Addition Of Features And Practical Perks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

KUALA LUMPUR, Malaysia, Jan. 20, 2023 /PRNewswire/ Footiverse, a football fantasy league metaverse, has recently marked its entry into the NFT space with the launch of the FootiverseNFT collection on new year's eve. A utility-driven NFT, Footiverse seeks to create a sustainable NFT ecosystem driven by the continuous addition of features and practical perks, rather than solely through hype alone. In furthering this mission, Footiverse aims to launch its Game-fi (the intersection of gaming and finance in an environment driven by use of blockchain and NFTs) platform in Q3 of 2023. A digital asset that lives on a blockchain, NFTs are popular for their uniqueness and community-empowering nature. While incentivisation and popularity can greatly increase the value of hype-driven NFTs, this also means that theygenerally have an extremely short lifespanin comparison to their web2.0 counterparts - becausethey run on the unsustainable resource of hype. The emphasis of hype in marketing and ....

Kuala Lumpur , Calvin Leong , Prnewswire Footiverse , Footiverse Dream Coach , Jan 20 , 023 Prnewswire Footiverse , A Football Fantasy League Metaverse , As Recently Marked Its Entry Into The Nft Space With Launch Of Footiversenft Collection On New Year 39s Evea Utility Driven , Ootiverse Seeks To Createa Sustainable Nft Ecosystem Driven By The Continuous Addition Of Features And Practical Perks , Ather Than Solely Through Hype Alone In Furthering This Mission , Ootiverse Aims To Launch Its Game Fi The Intersection Of Gaming And Finance In An Environment Driven By Use Blockchain Nfts Platform Q3 2023a Digital Asset That Lives Ona , Fts Are Popular For Their Uniqueness And Community Empowering Nature While Incentivisation Popularity Can Greatly Increase The Value Of Hype Driven Nfts , His Also Means That Theygenerally Have An Extremely Short Lifespanin Comparison To Their Web2 0 Counterparts Becausethey Run On The Unsustainable Resource Of Hype Emphasis In Marketing And Value Createsa Void Thought Given Long Term Planning Buildinga Thriving Nft Ecosystem Community For Instance , Hile The Average Holding Period For Nfts Increased From 30 9 Days To 47 Between Q1 And Q2 2022 This Is Stilla Relatively Low When Compared Tomore Traditional Investments Such As Stocks Thathave An Of 5 Months Footiverse Aims Reach Parity Redefine Asa Long Term Investment By Making Their Value Less Reliant On Hype Cycles Market Fluctuations Quot 39s Mainstrategy Maximiseuser Engagement Through Gamifying Web 3 Gaming Opens Up New Opportunities With Play Earn Systems Further Incentivise User Activity However , Any Web 3 Games Use Predatory Practices Such As Locking Rewards And Progression Behind Hours Of Playing To Produce Artificial Activity Demand Counter This , Ootiverse Instead Focuses The Bulk Of Its Utility And Value To Be Generated Passively With Simple , Nteractive Systems Which Will Not Require Daily Input From The Users , Uot Said Alvin Leong , O Founder Of Footiverse One Feature That Allows Users To Earn Passive Rewards Is The Dream Coach , Here Participants Can Also Accumulate Points Based On The Performances Of Players In Their Dream Team These Are Calculated Individual 39 Stats Each Game Such As Number Goals Scored , Assists Made , Passes Completed , Nd More , Ith The Final Scores Tabulated And Updated Weekly , S Summarised Below Participants Compete With Their Team In Leagues To Win Prizes , R Compete In The Footiverse Fantasy League Participants Completea Set Of Players For Extra Bonuses Or Trade With Others To Complete Sets Build Teams Earn Royalties From Being First Owna Nft Creating An There Will Be Two Royaltysystems That Reward Engaging Productively Market Stream Rewardsusers Owner Ofa Player Card And Giving Them Royalty Rights All Subsequent Transactions Second Streamallows Users Generate Their Own Nfts Which Can Then Sold Traded Earning Original Creator Premium Sales Beginning On 18th January 2023 Also Available As Alternative Investment Are Footi Tokens ,