Alterverse: Traditional game manufacturers are leveraging the momentum of AI to enter Web3，Can lead a rotation in the GameFi sector?
Introduction
The GameFi sector has not yet taken off in this bull market. From the last bull market, we can see that games like Axie Infinity and BinaryX highlighted that GameFi is severely lacking in playability. Therefore, the best way to break through is for top traditional gaming companies to find the right approach to enter the GameFi arena and leverage their strengths to dominate the space.
Overall Analysis of the GameFi sector
In 2021, GameFi-related projects raised a total of over $1.5 billion in funding. Excluding the market value of GameFi tokens, the total valuation of the development companies behind these GameFi projects is nearly $10 billion. After experiencing the winter of the Web3 market, about 31% of GameFi projects have ceased development or are in an inactive state.
In October 2023, the primary market financing for the GameFi sector exceeded $100 million, with many GameFi projects raising tens of millions of dollars again to continue funding the development, testing, and promotion of their games. In 2024, as a large number of games enter public beta and officially launch, the market’s attention to GameFi is likely to increase significantly.
Alterverse
Alterverse is a multi-genre game platform, a leading-edge game creator with AAA graphics, conversational AI, and native Web3 functionalities.
Game Creator Features
The core of AlterVerse is our pioneering MetaServer infrastructure, which is the cornerstone of a truly decentralized metaverse, where creators retain absolute control over their games and experiences. This infrastructure allows seamless access to all games through the AlterVerse platform, including MetaServer. It facilitates free cross-dimensional teleportation and provides a multiplayer gaming experience with a capacity of up to 200 players per server.
Utilizing the Unreal Engine and the innovative features of the Altura NFT platform, AlterVerse will introduce MetaServers to the world. These are not just servers; they are creation platforms that enable anyone and everyone to build their own AAA-quality games, all integrated with NFT utility. For our flagship games, using our game templates, even creators without experience can build a wide variety of games and experiences.
GPT INTEGRATION Conversational AI：
Alterverse innovatively uses AI in conjunction with GameFi, with specific applications across different sectors and scenarios. AI-driven game design and balancing include:
- Utilizing machine learning algorithms to analyze player behavior, automatically adjusting game difficulty and balance to provide a more personalized gaming experience.
- Using AI to generate complex game levels and environments, dynamically adjusting content based on players’ preferences and skill levels.
Enhanced NPC interactions:
By utilizing natural language processing (NLP) technology, NPCs can engage in more natural and expressive dialogues, enhancing the game’s immersion. AI can help NPCs make more complex decisions and reactions, making the game world more vibrant and lifelike.
AI in Game Testing:
AI is utilized in game testing to automate testing processes, quickly identifying and fixing bugs to optimize game performance and player experience. AI can also simulate real player behaviors, assisting developers in predicting and addressing potential game balance issues before release.
AI-Assisted Game Development:
AI-assisted game development involves providing AI tools to help developers design complex game mechanics and narratives, reducing the complexity of creation and accelerating development speed. AI is also used to analyze vast amounts of game data, offering insights into player preferences and gaming trends, which can guide future game development.
AI-Optimized Resource Allocation:
AI algorithms are used to optimize resource allocation on game servers, ensuring high performance and low latency, especially when many users are online simultaneously. AI also analyzes player activity and server load data to dynamically adjust resources to support large-scale online events and competitive scenarios.
Behavior Pattern Recognition:
By analyzing player behavior, AI can identify potential cheating or unusual gameplay patterns, ensuring game fairness and security. AI systems can also analyze the behavior of player groups to predict market trends and player needs, guiding marketing and development strategies for games.
Intelligent Game Economic System:
Using AI to model and predict game economies helps in designing a stable and sustainable virtual economic system. AI can also intervene in the in-game microeconomy, such as adjusting item scarcity, pricing, and supply-demand relationships, to maintain economic balance.
AI-Driven Player Matching System:
Develop an intelligent player matching system that considers not only skill levels but also players’ behavioral characteristics and gaming styles, ensuring fair matching and maximizing enjoyment. Such a system can enhance social interaction among players, and improve the competitiveness and cooperativeness of the game.
Currently Testing Games:
- Sky City: A MMO SSG Game
The central hub for social interaction, gaming, and commerce in this world.
85% Complete - Cat Pooper: A Business simulation game
Cat Pooper allows players to act as enthusiastic pet lovers, collecting and breeding pets. All materials acquired in the world are assets owned by the players, which can be traded or used. Expected to launch in Q3 2024.
90% complete - Outpost: A Esports Shooter Game
A first/third-person shooter with deathmatch, battle royale, and FFA modes.
70% Complete - REKT: A Survival MMORPG Game
Rescue survivors, gather resources, craft materials, and fight horrific creatures.
70% Complete
Upcoming Worlds: Nine more worlds are in the works. Creators will be able to mix and match these new assets with our flagships gameplay templates to create infinitely expandable content.
Comparison chart with other platforms
Decentralized Game Servers:We give creators complete control over their game servers. This unique approach is paired with our out-of-the-box Web3 integrations, making AlterVerse the most decentralized game creator in the world.
Here, players have complete autonomy over their experiences while our customizable game templates provide the basis for designing unique content quickly and easily.
Finally, we provide complete creative freedom by allowing designers to import their own 3D models. This enables them to build truly one-of-a-kind games and experiences.
Infinitely Scalable: Each instance supports up to 200 players, with instances automatically created as needed. Built-In Gameplay: Battle-tested, plug-and-play game templates are ready to use.
GPT INTEGRATION Conversational AI: AlterVerse is integrating conversational AI into its core infrastructure, enabling creators to build interactive, voice-compatible Non-Player Characters (NPCs). These NPCs provide endless conversational content for players and help them find their way through the game.
Creators can personalize each character’s appearance, backstory, actions, and knowledge bank, making their games unique and engaging. There is no other game creator in the world that provides such robust AI features.
Powered by Unreal Engine with AAA Graphics: AlterVerse’s high-fidelity graphics and planned VR compatibility provide an ultra-realistic experience beyond the capabilities of any other game creator.
LIFE-ENHANCING GAMEPLAY Physical Goods as Rewards: AlterVerse integrates real-world rewards into gaming, allowing players to buy and earn tangible goods through in-game shops.
MetaServers:With the revolutionary MetaServers, it becomes possible to build interconnected, NFT-empowered 3D worlds accessible from anywhere, much like web hosts on the internet. This technology empowers users to ‘teleport’ between these varied worlds through an interactive server list in AlterVerse, turning each server into clickable gateways, akin to internet hyperlinks.
This system embraces decentralization. Any PC or third-party cloud server can be a host for a world or game, eliminating the need for large, centralized servers managed by a single organization, as commonly found in traditional game ecosystems. In AlterVerse’s vision of the metaverse, decentralization reigns supreme.
Moreover, the creation of game templates in AlterVerse requires no coding or modeling expertise. The platform has been designed to be intuitive and user-friendly, enabling anyone to craft fully playable games. With MetaServers, creating immersive, interconnected virtual worlds is within anyone’s grasp.
This unique approach to game development democratizes the creation process, putting powerful tools in the hands of creators and offering players unparalleled gameplay experiences. In the AlterVerse, your creativity knows no bounds, and the potential for innovation is limitless.
Team Introduction:
The AlterVerse team is building a global network community comprised of individuals passionate about gaming. We offer a variety of experiences, but our ambitions go far beyond that. Members will have the ability to design their own worlds, create games, host these games, and sell their game creation assets within a vast interconnected community.
CEO (Chief Executive Officer): Scot Kinney
Scot Kinney, from Minnesota, USA, and works full-time at AlterVerse. Formerly a stockbroker, he is a lifelong entrepreneur. Since 1996, he has been creating engaging online communities, virtual worlds, and games. His projects include CityLink, AureusVR, Blood Clans, and AlterVerse over the past few years.
1. CityLink: One of Scot Kinney’s early projects launched in 1996, CityLink offered domain services, website creation, and dial-up internet access, serving over 300 clients. This project laid a solid foundation for his later endeavors in creating digital worlds and online gaming communities.
2. AureusVR: As a pioneer in virtual reality technology, AureusVR explored the interactive and social potential within virtual realities. While specific achievements have not been detailed, this project significantly influenced Scot’s further explorations in the virtual reality space.
3. Blood Clans: An interactive online gaming project, Blood Clans allowed players to build and manage their own clans within a rich virtual environment. The game advanced new ways of community building and online collaboration.
4. AlterVerse: One of Scot’s most ambitious projects, AlterVerse is a diverse gaming and world-creation platform aimed at providing better monetization potential for players, streamers, content creators, and independent game developers. Leveraging blockchain technology and VR compatibility, AlterVerse offers users the ability to design their own worlds, create and host games, and sell game creation assets within a vast community.
CTO (Chief Technology Officer): Michael Reino
Michael Reino is a co-founder of AlterVerse and serves as the company’s Chief Technology Officer (CTO). He works full-time in New York, overseeing the technological development of AlterVerse, and brings over 30 years of programming experience to the role. Reino specializes in C++ engine coding, game mechanics, PhysX physics engine, and code supervision. His technical background and expertise provide a solid technical foundation and innovative drive for the development of AlterVerse.
Chief Revenue Officer (CRO): Pat Gerleman
Pat Gerleman serves as the Chief Revenue Officer (CRO) of AlterVerse. In this role, Gerleman is responsible for driving revenue growth for the company, overseeing sales, marketing, and partnership strategies. Additionally, he is dedicated to creating a diverse and interconnected gaming environment by linking digital wallets and identity verification systems to the gaming platform.
Vice President of Finance (VP of Finance): Tony Wilson
He serves as the Vice President of Finance at AlterVerse, responsible for overseeing financial management and strategic planning for the company.
Product Team:
1. Rohan Singh — Skin Designer: Rohan Singh is responsible for designing the appearance of game characters and items, making the game interface more attractive and personalized.
2. Timmy Barnes — Senior Unreal Programmer: Timmy Barnes, as a senior Unreal programmer, focuses on developing advanced game features and optimizing game performance using the Unreal Engine.
3. Stephanie Muller — Level Designer: Stephanie Muller is responsible for designing the layout of game levels, ensuring smoothness and challenge while also focusing on player experience and interaction.
4. Thomas Muller — Unreal Programmer: Thomas Muller brings extensive experience in developing games using the Unreal Engine, focusing on realizing the creative vision of game designers and ensuring the feasibility of technical implementation.
5. Jen Doty — Level Designer: Jen Doty, also a level designer, collaborates with Stephanie Muller to create engaging game environments, enhancing immersion.
6. Jana Teitzen — Graphic Designer: Jana Teitzen is responsible for the visual elements and artistic style of the game, ensuring consistency with the overall design language and enhancing the player’s visual experience.
7. Eric Kinney — Skin Designer: Eric Kinney, another skin designer, focuses on creating new character and item skins, increasing game diversity and player customization options.
Jeff Lippert, serving as the Director of Business Development, is responsible for devising and implementing business strategies to drive company growth. He also manages relationships with clients and partners.
As the website administrator, Brian Babin is likely primarily responsible for maintaining and updating website content, ensuring website security, and enhancing user experience.
Games They Worked On: The Witcher, Call of Duty, World of Warcraft, StarCraft, Destiny, Guitar Hero, Crash, Spiro, Tony Hawk, Diablo, and Medal of Honor
Companies We’ve Worked For: Activision / Blizzard, Electronic Arts (EA), CD Projekt Red, Acclaim, Sierra Entertainment, Vivendi Universal
Investment Institutions:
AlterVerse has created an immersive metaverse gaming experience built on Unreal Engine 5. Following the completion of the Binance Labs Incubation Program, AlterVerse announced funding from Binance, Polygon Ventures, Gate.io, Ankr, DuckDAO, Baselayer Capital, AltcoinBuzz, Iobc Capital, and EnjinStarter.
In the fourth season of the Binance Labs Incubation Program, out of 500 applicants, AlterVerse became one of only 14 accepted projects!
Earlier this year, AlterVerse also completed the Altcoin Buzz Labs incubator project.
The Binance Labs Incubation Program showcases the most promising blockchain projects globally, aiming to help increase the adoption of mainstream crypto worldwide.
The incubation program includes an eight-week mentorship program led by experts from various fields, introducing a wide network of industry leaders, and providing comprehensive support in areas such as regulatory/legal advice, recruitment, technical execution, public relations, and marketing.
Out of 500 applicants, only 14 early-stage crypto-related startup projects were included in the fourth season, covering different areas of the industry such as decentralized finance (DeFi), infrastructure, social finance (SocialFi), NFTs, gaming, fintech, exchanges, and more. For AlterVerse, being selected as one of these highly curated participants is incredibly exciting!
The AlterVerse team looks forward to collaborating with Binance Labs during this eight-week program, which will commence on Thursday, May 5th, 2022.
At the end of the program, AlterVerse will participate in Demo Day, an opportunity to showcase to a wide range of partners and mentor teams. Demo Day not only provides an opportunity to attract new mentors but also to develop new strategic partnerships.
AlterVerse has established multiple partnerships in this field, including cryptocurrencies and tokens ranked in the top 1000 by market capitalization, crypto platforms, decentralized autonomous organizations (DAOs), e-commerce and retail brands, NFT artists, launchpads, 3D design teams, and more.
Please stay tuned for more updates from us as we provide updates to the community, friends, and partners throughout this process. AlterVerse looks forward to establishing new relationships with Binance Labs alumni and the wider partner network.
AlterVerse Inc. plans to publicly launch its metaverse project in July 2022, having been incubated by Altcoin Buzz Labs. This incubator will assist the project in preparing for its launch by focusing on product development, play-to-earn mechanisms, token utility, partnership building, market entry strategies, and team building, aiming to create an outstanding metaverse built on Unreal Engine integrated with BNB Chain, Enjin, and Efinity blockchain technologies.
Altcoin Buzz is an independent digital media outlet that focuses on reporting the latest news and opinions on crypto, blockchain technology, regulations, adoption, and blockchain gaming. Altcoin Buzz Labs is a division of Altcoin Buzz that specializes in consulting and incubating early-stage blockchain projects, having collaborated with multiple projects such as EnjinStarter, Space Misfits, and RiteStream. The program is led by Shashwat Gupta, the founder and CEO of Altcoin Buzz, who also oversees Enjin’s ecosystem fund, Enjfi.
Shashwat Gupta remarked, “AlterVerse is the perfect blend of real-world experience and top gaming in the metaverse. AlterVerse is an incredibly exciting project due to its grand vision and scale. The work the team has completed and the content they have developed are truly impressive. Scot [Kinney] is one of the best leaders I have ever worked with, and I look forward to the journey with him and his team.”
Scot Kinney, the Founder and CEO of AlterVerse, stated, “Altcoin Buzz Labs has provided invaluable support at every stage of project development. Their experience in the crypto space and understanding of every aspect of blockchain has given us confidence in our public launch. They have accelerated our release plans and strengthened our token, NFT, revenue, and marketing strategies.”
The digital product interactivity, profound engineering expertise, and collaborative approach of Altcoin Buzz complement the working style of the AlterVerse team, which will help create an industry-leading metaverse platform with immense potential.
The Potential of AlterVerse
AlterVerse has established partnerships with several well-known companies in the blockchain and gaming industries. Here are some key partners:
AlterVerse has established partnerships with several well-known companies in the blockchain and gaming industries. Here are some key partners:
1. GamePhylum — A gaming listings platform collaborating with AlterVerse to expand Web3 gaming options and establish a customized storefront in Sky City. This collaboration enhances the gaming experience by providing a comprehensive gaming directory and special promotional activities.
2. Double Protocol — This collaboration introduces rentable NFTs to AlterVerse, leveraging Double Protocol’s decentralized NFT rental platform. Double Protocol is known for developing the ERC-4907 standard, which facilitates a rental system where NFT owners can connect with potential tenants, allowing temporary use of digital assets.
3. Razor — Collaborating with AlterVerse to launch a digital storefront related to electric scooters in Sky City. This allows players to purchase or exchange Razor products in-game.
4. OpenLeverage — Partnered to create a financial trading platform where players can engage in leveraged trading of various token pairs in Sky City.
5. Devour — Collaboration resulted in the world’s first Web3 food ordering marketplace, enabling players to order real-world food within Sky City.
6. AnyPad — Providing a blockchain-agnostic launchpad and NFT marketplace, jointly establishing a central office in Sky City where players can learn about and participate in AnyPad’s platform activities.
7. Fiat24 — Offering NFT-powered financial services, allowing players to engage in financial transactions and digital identity verification within Sky City.
8. Relayz — Providing an immersive Web3 communication experience, enabling players to engage in richer social interactions within Sky City.
9. CatPooper — A simulation management game allowing players to act as fervent pet enthusiasts, collecting and breeding pets. All materials obtained in the world are assets owned by the player and can be traded or used.
Conclusion:
Over the past three years, AlterVerse has been steadily developing its groundbreaking gaming platform, driven by the vision of offering players an unparalleled immersive experience supported by decentralized technology.
AlterVerse has received funding support from Binance Labs, Polygon Ventures, Ankr, EnjinStarter, and Baselayer Capital. These funds will be used to further drive the growth of the entire AlterVerse ecosystem and the development of its roadmap.
AlterVerse 的团队成员拥有在 Activision Blizzard、Electronic Arts (EA)、CD Projekt Red、Acclaim、Sierra Entertainment 和 Vivendi Universal 等行业领先游戏公司工作的经验。他们的专业知识涵盖游戏设计、开发和营销，使 AlterVerse 能够将传统游戏的成功推向 GameFi 领域的前沿。
Connect with AlterVerse
Request Early Access to the Sky City Metaverse: https://forms.gle/TUHmfTsZuKGuek1Z8
Learn more about AlterVerse: https://alterverse.com/
Join the AlterVerse Discord: https://discord.gg/alterversegame
Follow AlterVerse on Twitter: https://twitter.com/AlterVerseGame
