Metaverse project avoids Web3 frenzy to redefine AAA digital landscape
Web3 projects are the talk of the current digital scene, with thousands of new companies coming to life every day in an attempt to ride out this global wave with their own product releases. Unfortunately, reality has shown most of these offerings do not provide any tangible value to their players or user bases. Instead, they rely on superficial hype of cryptocurrencies, nonfungible tokens (NFTs) and related buzzwords, a seemingly unnatural method to pursue user growth. At present, these efforts result in short-term successes and unsustainable growth.
To ensure projects are built on foundations that enable long-term value, startups are encouraged to learn from the events leading to the dot-com bubble. In this example, the projects that survived the collapse were not dependent on industry hype. Instead, the projects that came out alive were the ones that took a product-focused approach to derive naturally growing value, whether through an enhanced experience, community development or the creation of other player-generated stories.
Leading this round of projects is Cryptagende Verse, a startup in the metaverse gaming market that is relying on the triple-A concept to drive the project’s value ahead of its basis on the blockchain. Targeted at being a global-scale multiplayer adventure, the game relies on blockchain technology to enable the natural extension of online video games, fusing the concepts of global player bases and endless streams of online content.
Therefore, even with the bubble bursting, the project is set to have a quality MMO offering, which, as historical evidence states, will continue driving increased ownership in player bases. Consider that in the case of any popular online experience, there will always be a
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