Mission
Web3 Doge allows you to enter the metaverse by employing a 3D NFT avatar of your real pet on the Web3 Doge platform. Consider a scenario where real-world sentiment value is combined with virtual sentiment value. A place where you can train, care for, and engage in activities and missions with your pet, as well as find the ideal companion to complete your family. While earning rewards, community members will help shape the metaverse’s future.
Web3 Doge blends gaming, social, and blockchain in the most innovative ways to provide a passive revenue stream for our token and its users. We believe that Web3 and metaverse have a bright future in the educational community and in the gaming industry. At the same time, we wish to add value to our investors and to provide them superior services.
Why Web3 and Metaverse?
In Web3, ownership and control are decentralized. Users and builders can own pieces of internet services by owning tokens which are both non-fungible (NFTs) and fungible. Tokens give users property rights and it means users having the ability to own a piece of the internet.
NFTs give users the ability to own objects, which can be art, photos, code, music, text, game objects, credentials, governance rights, access passes, and whatever else people dream up next.
NFTs exist on top of blockchains like Ethereum. Ethereum is a decentralized global computer that is owned and operated by its users. Before Web3, users and builders had to choose between the limited functionality of web1 or the corporate, centralized model of Web2. Web3 offers a new way that combines the best aspects of the previous eras. It’s very early in this movement and a great time to get involved.
For more context, even Elon Musk is talking about Web3 back on 21st December 2021, and it is imperative that we have a stake in Web3 for future technological advancement.
Metaverse could approach $800 billion tackling live events, ads. The global Metaverse revenue opportunity could approach $800 billion in 2024 vs. about $500 billion in 2020, based on our analysis and Newzoo, IDC, PWC, Statista and Two Circles data. The primary market for online game makers and gaming hardware may exceed $400 billion in 2024 while opportunities in live entertainment and social media make up the remainder.
Tokenomics
Web3 Doge ($WEB3) Utility
With increasing emphasis on use case of metaverse projects, Web3 Doge will lay out comprehensive plans to establish our utility so that we may scale up our market capitalization quickly, gaining market share swiftly.
Web3 Doge ($WEB3) strives to achieve the following utility :-
$WEB3 Play-To-Earn Game Concept
When you first start playing the game, Mark will meet you when you first enter the game and tell you everything you need to know so you can get started. You will be granted a kennel for free at first, which will allow you to begin renting new kennels based on your experience. You will be able to shift your businesses to new kennels as the game advances. Mark will set challenges for you, and you will be rewarded with currency if you complete the tasks.
The Off-Chain Economy consists of four main actions : Build, Rent, Upgrade and Sell.
Upgrades
Your XP will increase as you upgrade your kennels and continue to build your empire, and you will gain additional rewards each time. You may accelerate the upgrade process using $WEB3 or by watching ads.
Renting
Off-chain players will be able to rent kennels from On-chain users through contracts. This activity will not impair the Off-chain players’ economy or their actions throughout the game.
$WEB3
On WEB3 On-Chain layer of the game, $WEB3 are blockchainized tokens (like any cryptocurrency) that you can buy, trade, use, and spend. Inside the game and on secondary marketplaces, you’ll be able to buy them with cryptocurrencies and fiat money. Also, from the presale through the On-Chain layer release, and before that, as the primary game mechanic, NFTs will create $WEB3 as yield farming.
Buying and Rent
When you buy an On-Chain kennel it means you are minting an NFT. The offer of NFTs available is going to be controlled by $WEB3 Central Bank. At the end of the season, depending on the category and tier of the purchased property, as the NFT owner, you will be able to earn $WEB3 accordingly. If the kennel is rented by an Off-chain user, you will gain more $WEB3.
Future State
We are working on constant improvement of the $WEB3 game inyears to come, so in the future, there may be more tiers, new categories, or split categories for the benefit of the NFT owners. The value of the NFTwill appreciate with future iteration of the games.
Selling
You will have two options when it comes to selling kennels (NFT) to others. It can be through a direct offer or auction into the game and via external marketplaces such as Binance NFT MarketPlace or through Web3 Doge MarketPlace.
Utility of Pet NFT and $WEB3
Utilize multiple technology, such as your mobile app or virtual reality, to explore the pet metaverse. In true Web3 / Metaverse fashion, you can take part in our entirely virtual pet experience.
Pet NFT
To create your Pet NFT, you may take a photo of your pet using our proprietary App to create a unique metaverse NFT that is brought to life in the augmented reality and into the metaverse. Afterwhich, the said minted NFT may be secured with your ownership and stored on the blockchain.
Pet Accessories
You may then link your pet identity to a 3D NFT that you may now use in various metaverse reality. Depending on your pet’s traits, you may now purchase pets accessories in our NFT Marketplace to enhance your pet’s rarity and attributes, which will then fetch a higher value in the NFT marketplace.
Pet Dao
By owning and staking your pet NFT and accessories, you may also participate in our unique pet DAO where you can exercise your voting and governance rights. As an example, you may propose changes to our platform or simply vote on the latest improvement on our roadmap which can help to further bolster the utility of $WEB3.
Staking
Staking is a way to appreciate the value of your native token simply by hodling. $WEB3 may be staked by utilizing a consensus mechanism using the Proof of Stake “POS” method. This helps to verify the blockchain transaction without the need for a middleman.
Web3 Doge — Your Metaverse Pet
$WEB3 DAO
Roadmap
