MetaverseX is a decentralized virtual world of sandbox games supporting NFT creation, trading, and play-to-earn mode. The Sandbox is a platform where creators can monetize gaming experience on the blockchain. In the MetaverseX platform, players can own virtual land and create and design various buildings and virtual items. According to its whitepaper, players can craft various items to trade on the open markets as NFTs. MetaverseX aims to be a fully immersive, virtual-world gaming experience with its ecosystem of collectibles and marketplaces on the blockchain.
The platform utilizes blockchain to permit players to participate in the game, receive rewards and perform a decentralized distribution of virtual game assets. MetaverseX provides blockchain game players with a meta-universe 3D panoramic gaming experience. Also, the platform provides a smart-contract-based token economic system for players participating in the transaction and collection of NFTs. A smart contract is a self-regulated contract with the term of the agreement between traders directly written into lines of code.
MetaverseX, a 3D competitive adventure game, has character professions set as fighters and mages. Each profession has its weapons and attributes bonuses. Players can choose skins and weapons with higher attributes for their characters to provide in-game benefits and win rates. The game has seven types of weapons, namely stick, knife, sword, ax, bow, spear, and hoe. Each weapon is divided into three levels: Ordinary, Rare, and Legendary. The damage and bonus of each level are different, and the higher the level is the attribute.
METAX is the native functional token of MetaverseX that runs on BEP-20. BEP-20 is a token standard for the Binance smart chain (BSC), an evolved ERC-20 standard. METAX gets circulated in the game and can be used in trading personal virtual assets and virtual items in the game trading market. Users hold METAX for participation in game DAO governance, stake to earn a reward. The token is used for in-game purchases and consumption. METAX aims to be used for participation in decentralized voting. Besides the platform to ensure full transparency, MetaverseX has developed an auto buyback and burn feature controlled by a smart contract. Coin burning permits users to remove tokens from circulation, reducing the number of coins in use.
