Ever since Facebook announced that it would be rebranding to Meta and start moving towards scaling up the metaverse, many circles have been ablaze with its implications. But then those like vEmpire stopped talking about it and did something to move the needle forward. As a result, it’s now one of the top 550 coins in the virtual ecosystem and could quickly become one of the most prominent staking tokens on the metaverse.
The metaverse is a digital reality for people to connect, invest, and create meaningful experiences and exchanges. For the people at vEmpire, this new world is the future of technology and digital interactions. Accordingly, it’s taken steps forward in becoming a leader in metaverse applications. The VEMP token currently has around 172,699,932.116 in circulation with a total market cap of over $75 million and still growing exponentially by the day.
Most recently, the center application for this virtual token has been its trading card NFTs that have been known to give a strength boost to other cards in their current online play-to-earn game. The company looks to launch this new game in the next two weeks, prompting people to fall in line for the release. When Axie Infinity took the world by storm, it made people realize the earning power in play-to-earn applications and the metaverse. Today, VEMP hopes to push that envelope even further.
The best part about applications like VEMP is there is no limit to who can join. The VEMP play-to-earn system will be easy enough for anyone to get in. The token’s common NFTs work simply— giving a plus one strength boost to a corresponding cart. The rarer NFTs add two strength points and the unique ones add three. Apart from that, everything else is pretty straightforward.
For vEMP, the biggest priority is making the game a free-for-all challenge. As a result, anyone can win and become the next champion. “We have designed the game and boosts so that a skilled player without the NFTs will still be able to beat most NFT owning players,” shares a company representative. “The game gives NFT owners a slight advantage, which means over the long run, they will certainly be some of the most profitable players, but they will still be beaten. Just like how a casino wins in the long run from their 1-2% house advantage on roulette and blackjack.”
vEmpire looks to do more than just NFTs and trading card games. Currently, it serves other functions, including acting as a staking platform for Metaverse tokens in DeFiesque staking pools. The founding team then proceeds to use those tokens to buy virtual land in the decentralized network, other non-fungible tokens, and assets within the growing metaverse arena. Profits will then go back to stakers.
The boom of decentralized applications has turned into a riot as people jump into this new reality that’s turning people into millionaires every day. vEmpire hopes to help bring other people to that level by presenting a simple way to generate revenue through various applications.
Opinions expressed by CEO Weekly contributors are their own.