The genre of interconnected worlds on blockchain is nothing new anymore. And player-created content in games predates personal computers. Even combining the two has become mainstream news. But the latest Game Credits project adds to gamer governance, while also starting everything from scratch! This particular metaverse is called Genesis Worlds, and you can get involved now!
By presenting itself as a “multi-creator game universe,” Genesis Worlds joins the increasingly populated universe of metaverses (or is it a metaverse of metaverses?). Either way, Genesis Worlds is not alone in space. But they are trying something a little more daring.
In a truly basic approach, everything in Genesis Worlds will be built by the community. Although the idea and process will initially be guided and built by the Game Credits team, the goal is true governance and community building. Not only building the worlds and missions, but also creating the same tools to build the worlds and the documentation that accompanies them. And even the government! Once the initial setup period is complete, the inverted community will rule and control itself, as well as the Worlds.
Genesis Worlds mining claims
The founding NFTs of Genesis Worlds are called Genesis Mining Claims. These will exist for every world in the metaverse. The Mining Claim is represented by a 3D model of the World and grants the owner the first rights in the sale of Land for that World, the opportunity to participate in the governance of the particular World with which it is associated, and passively mine GENESIS tokens! !
These mining claims, called liquid NFTs, are sold on a linkage curve. This means that each time a Claim is sold, the next Claim becomes more expensive to buy. Projects like Euler Beats and Gala Nodes use the same concept. Provides a flexible limit to the number of claims created based on what the market is willing to pay. Ten percent of each Mining Claim sale goes to the Genesis Foundation for the development of tools for Genesis Worlds, such as clients, mission systems, map editor, etc.
When can I buy my Genesis Worlds ticket?
It’s unclear when these mining claims might be available. But with the publicly playable game expected in 18-24 months, we should see first sales sometime before then. Users need $ GAME (game credit tokens) to purchase mining claims (200 is the initial amount currently proposed). Each Mining Claim purchase locks the $ GAME spent on the NFT when it is minted, effectively burning those tokens from the market. Genesis Worlds begins with 24 unique worlds, introduced a few at a time after launch.
But while we await the mining claims, the GENESIS token is now available. The token was launched in November 2021. Interested players can buy GENESIS on Quickswap and / or stake GAME tokens to win GENESIS (note: your GAME tokens must be on the Polygon network to join the farm stake). GENESIS tokens are the economic and governance token for Genesis Worlds. In addition to using the tokens to purchase land or items on the in-game market, GENESIS players will have the opportunity to participate in directing and shaping the future development of Genesis Worlds.
Genesis itself will be run as a non-profit organization, the Genesis Foundation, and will direct all funds and proceeds as reinvestments to the game.
What are game credits?
Game credits started out as a gaming-oriented social cryptocurrency. But the project has undergone some changes since then. The current team is leveraging their existing token, GAME, to begin building their vision for a metaverse. One that will last 100 years!
The team also announced the launch of GAME Rewards a few months ago. Users can bet on various games and token holders earn loyalty points. Players can redeem these points for rewards, such as in-game items, promotional NFTs, tournament tickets, or GAME tokens. Staking also generates a small source of income for the developers of that particular game.
Game Credits also hosts its own NFT market and minter on the Polygon network. Users can buy, sell, and create NFTs at no gas cost.