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Economy
The economic metaverse is a virtual meta world built on the financial system and laws.
The metaverse is a hypothesized Internet iteration, supporting persistent online 3D virtual environments through conventional personal computing and virtual and augmented reality headsets. Metaverses have already been implemented in video games such as Second Life In some limited form.
Our plan for the Minerio is big, but we want to keep it simple and practical for everyone. This guiding principle is there to make sure things are not over-complicated. To do this, exceptions need to be defined, and rules must be implemented. Our goal is to create a metaverse system where you can trade, work and be a part of a new evolving economy.
Play-to-earn means that players of games can earn rewards and even money in games. GameFi is the hottest and newest thing in nowadays in the cryptocurrency world.
GameFi, representing the combination of decentralized finance (DeFi) and gaming, operates under a play-to-earn model instead of play-to-win.
As for the definition of GameFi, there will be a big question, how players can earn money and have monetization with a play-to-earn mechanism. All of these come up with NFTs (non-fungible tokens).
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Last modified 1yr ago