Reasons Tokoin will be gearing towards Metaverse
5 REASONS TOKOIN WILL BE GEARING TOWARDS METAVERSE
1. NFT gives ownership to an individual/entity to be able to prove the right of ownership.
One bitcoin in a digital wallet is interchangeable for another bitcoin in a different wallet because each bitcoin has the same value and use. NFTs, on the other hand, are coded to have unique IDs and other metadata that no other token can replicate. This gives NFTs the attributes of originality and scarcity that make them so attractive when coupled with digital media.
NFTs are written with software code (called smart contracts) that governs actions such as verifying the ownership and managing the transferability of the NFTs. Like any software application, NFTs can be programmed beyond the basics of ownership and transferability to also include a variety of other applications and functionality, including linking the NFT to another digital asset. This goes without saying that Tokoin sticks to its mission to empower people with blockchain technology.
2. Metaverse and its future
The pandemic has changed traditional office working in favor of a hybrid mix of remote and virtual collaboration. Now, we see a future where a ‘metaverse’ promises to create immersive virtual experiences that could break down the divides between office and remote working.
The metaverse promises to create an immersive, interactive and shared digital world that brings together mixed reality — augmented reality (AR) and virtual reality (VR) — along with 3D holographic avatars, IoT and digital twins. It is seen as the next great leap in the evolution of the internet with tech titans such as Meta, Microsoft and NVIDIA announcing their vision of this alternate universe.
3. President Jokowi Calls for Sinergy to Prepare Digital Generation
The statement was made by President Joko Widodo (Jokowi) during the Launch of the Digital Generation Acceleration Movement at the Jakarta Convention Center (JCC) in Jakarta, Wednesday.
“As of today, we have 2,319 start-ups. The number keeps increasing every day. We have one decacorn. We have seven unicorns and a lot of soonicorns that are continuously supported to be unicorn and decacorn,” President Jokowi said, as quoted from the Cabinet Secretariat’s website. The President further said that Indonesia must also be ready to deal with global digital progress.
According to him, big companies around the globe including Facebook, Epic Game, Roblox, and Microsoft are competing to build Metaverse. Thus, President Jokowi expressed his hope that Indonesia can prepare this kind of strategy.
With our government backing, we would like to align our mission and vision in accordance to theirs.
4. The Power Of Play-To-Earn Gaming
The ability to earn real-world value by playing a blockchain game is luring people into the market for the simple reason that value can be earned by having fun.
Play-to-earn gaming has taken the crypto world by storm, and it’s easy to see why. With this unique gaming model, which is geared to adults, participants are rewarded with cryptocurrency or NFTs just for playing games they would probably play for free. From there, the company uses Blockchain to reward its players for taking part.
Play to earn game, enables people to be financially independent and hopefully freedom from doing activities that they love
5. Frontera covers all these 4 aspects with a strong team and great future.
This social element of the gaming metaverse will bring much more fun and a much wider experience to players, as the model itself will create a new breakthrough where gamers can also become crypto and NFT investors. More importantly, with the rise of the Metaverse as a whole, such “games” will provide very sustainable income sources for many players, thereby potentially changing the way that jobs will look in the future — the names and descriptions for many of these future careers simply don’t exist yet. We aim to make FRONTERA a gateway for our players, backed with a strong team and great future.
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