๐Ÿ‘‹ 1. Introduction
In 2021, Blockchain has become an industry with the most impressive growth of more than 500% in total market capitalization, from 500 billion dollars to 2500 billion dollars. The reason for that tremendous growth is the advancement of large-scale applications in areas such as Web 3.0, Decentralized Finance (DeFi), Non-fungible Tokens, and Gaming. As a result, pioneers and engineers are always looking for new applications to accelerate the development of Blockchain technology and Cryptocurrency.
Based on the development trend of this technology, soon, NFT and GameFi technologies will become highlights of the entire market with their practical applications. Non-Fungible Tokens open the possibility of storing digital assets to guarantee ownership, transparency, and integration of transaction capabilities on the Blockchain network. GameFi allows users to both engage in entertainment and generate monthly income by combining finance mechanics with the game industry. Therefore, digital property ownership is promoted amid the Internet era, becoming the second world of humankind.
However, the Internet currently allows us to experience a flat world, with a simple interactive interface and a focus on information storage mechanisms. Therefore, experts formed the concept of Metaverse to expand the Internet platform into a place capable of interacting with virtual reality. Blockchain and Cryptocurrency are introduced to perfect this technology to maintain security and, more specifically, to store digital assets (such as Virtual space, Digital artwork, and Online Services). NFTs will become the core technology in the Metaverse world when it can identify the ownership of digital assets or allow the trading of assets right in the Metaverse world through trading centers based on Blockchain technology.
It is from here that the need to form creative worlds with Metaverse technology has led to an outburst. Fantasy worlds are becoming more realistic than ever, allowing participants to experience life in various styles. Users can transform into inhabitants of the new world, with the ability to experience breath-taking vistas or perform tasks they have never done before. Besides, the demand for shopping and owning digital assets will become more significant than ever. Games will not only be interactive on 2D or 3D graphics platforms, but they will also allow players to become heroes or favorite characters directly. With the above arguments, the demand for a gaming platform to integrate Metaverse and NFT technology is becoming stronger and stronger.
FOTA is a Triple-A MOBA Game project owned by Meta DJINN PTE.LTD and based in SINGAPORE, with a fantasy universe inhabited by many races throughout the universe. In the world of FOTA, NFT Technology is optimized so that users can feel the possibility of owning valuable digital assets during the journey. More than just a MOBA game platform, the development team has also introduced economic mechanisms and democracies through the DAO. With a view to turning this Metaverse platform into an ever more realistic universe that integrates Microsoft Mesh (a Microsoft Corporation platform pioneering in creating the most immersive Metaverse experience.)
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