Web3 Doge Launches, Aims To Scale The Industry To New Heights
New York, NY, 24 Feb 2022, ZEXPRWIRE, The Web3 Doge team is excited to announce the release of its project. It aims to allow users to use a 3D NFT avatar of their real pet on the Web3 Doge Platform to enter the Metaverse space.
It is a space where users can “train, care for, and engage in activities and missions with your pet, as well as find the ideal companion to complete your family.” Community members are fully involved in shaping the metaverse’s future as they earn rewards from the platform.
Web3 Doge is an innovation that combines social, gaming, and blockchain to provide its token and users with a passive revenue stream. The team believes that Metaverse and Web3 have a bright future as they find a place I the gaming industry and educational community while providing their users with superior services and adding values to them.
By exploring the Metaverse space, Web3 Doge offers users utility with the potential to scale up its marketing capitalization quickly.
Some of these utilities are:
The Web3 Doge team has completed plans to create in-game NFT elements for accessories, food, pets clothing, and accommodation. The limited supply of NFTs minted will serve as an income-generating channel for creators.
The Web3 Doge users can participate in the project’s play-to-earn games and build kennels they can rent, upgrade, or level up. They can also generate income through the in-game NFT marketplace and the deployment of the social NFT Marketplace.
The Web3 Doge or $WEB3 can be used for events, games, and NFTs trading. The native token is the accepted transaction medium in the ecosystem.
When users hold and stake the pet NFTs, they can participate in the pet DAO and exercise their governance and voting rights.
The Play-to-Earn Game Concept
New players are welcome to the game with an incentive: a free Kennel. With this welcome bonus, they can rent new kennels and shift their businesses to new kennels as they progress in the game.
They will be rewarded with new currencies when they complete assigned tasks. In this off-chain economy, players can perform four actions which are:
They can buy businesses in an action that is synonymous with NFTs minting.
On-chain players are offered the opportunity to mint their businesses and rent them out to off-chain players to enable them to generate higher yields.
Players can also expand their businesses as the game progresses for a chance to generate higher rewards.
As a player, you can sell your NFTs through a secondary marketplace such as the Binance NFT Marketplace. The in-game auction is a primary marketplace through which they can sell their NFTs.
The Web3 Doge project has recorded some noticeable milestones since it was launched – In less than 24 hours of its launch, the token achieved a total market cap of more than $5,000,000.
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