Summary: NFT Worlds is a metaverse experience. There are 10,000 individual worlds within NFT Worlds that are layered on top of the blockchain. Each world is is represented by an NFT, which an individual owns. Most notably, NFT Worlds is built using Minecraft software, so that the user experience and gaming interface is identical to playing the game popularized throughout younger generations for the past 10 years with over 100m active users.
NFT Worlds purposefully removes friction that many metaverse experiences have. The gamer playing NFT worlds need 0 NFT/blockchain experience to be able to earn the native $WRLD token. Currently, there are very few worlds in existence and entering one of those worlds may take hours waiting in a queue. However, as more worlds are developed and planned scalability come to fruition, there may be a mass adaption by both users and investors into NFT Worlds.
Context: Below are snippets of information pulled from various sources, including the NFT Worlds’ website documentation and three Youtube videos. One video is an interview with the developer, one videos is a personal blog of a NFT World owner, and one video is of a gamer/blockchain enthusiast who has earned $WRLD token through gaming.
Source: https://docs.nftworlds.com/nft-worlds-tutorials/launch-your-metaverse
General note: NFT Worlds team has vetted individuals that are considered ‘verified builders’. They are for-hire and can build a world for the owner if the owner lacks technical expertise or wants to save time.
— At its core, NFT Worlds is built using Minecraft software and open source licenses. This is by design so that the devs didnt have to re-invent the wheel. Much of the software is the same. NFT Worlds uses Minecraft 1.17 Launcher for players access the worlds. Interestingly, a player must go to https://www.minecraft.net/ to fully access NFT Worlds. Other options to access worlds are available, but they are limited in capacity. Soon a user will be able to access NFT Worlds through gaming consoles like xbox, playstation, and Nintendo switch. — 2 ways to acquiring a world:
buy, 2) rent a world. “This system will allow you to rent complete ownership of a world from an existing world owner for a set amount of $WRLD token per month.”
— What type of gaming does NFT Worlds support?
“It's possible to build pretty much any game mode or experience you can imagine. Ranging from racing P2E games, first person shooters, massive role playing games, battle royales and much more.”
— Who can build your world?
An owner can build your world or hire a professional builder that has been verified by the NFT Worlds team. Each builder sets their own price. Building simple worlds can take a builder as little as 1 week, and more complex worlds may take 2 months to build. These fees traditionally start at about 1 ETH.
— NFT Worlds token and its uses:
$WRLD token
5 billion $WRLD tokens total Distribution: 50% P2E rewards 35% staking reserves 10% claim 5% team reserves
NFT Worlds’ native token, $WRLD, is deployed on both Ethereum and Polygon networks. Polygon transactions are nearly gas-less.
$WRLD token may be earned and/or spent in-game.
Use cases for $WRDL include buy/spend mechanics, escrow services, plot subdivision purchasing, player trading mechanics and so much more.
NFT Worlds’ $WRLD transaction system has been optimized for building frictionless infrastructure quickly.
Devs suggest using $WRLD over native tokens. Reason being that most NFT Worlds players ‘have no prior experience with crypto — most are traditional gamers.’ This reduces the inherent crypto consumer education learning curve.
$WRLD Rewards Faucet — upon approval from the collective community, some worlds may incentives players to earn in-game $WRLD tokens from the 50% P2E Rewards pool.
Community governance of $WRLD — 1 staked NFT World equals 1 non-transferable governance token for each world staked. Governance token is burned when World is un-staked. A world requesting access to faucet must have a minimum amount of $WRLD token staked to deter abuse (does not specify minimum requirement to be staked).
Prohibited content — gambling, drug or mature themed content, games/experiences that accept cash or cash equivalent payments (must used fairly earned $WRLD), games/experiences that give rewards based on play time.
— NFT Worlds is designed to grow the metaverse. Players may bring ERC721 or ERC1155 token aboard the game. NFT Worlds system can verify wallets of players and give out assigned access, perks, etc based on the NFTs a player holds.
— Source: The Nifty Alpha Youtube interview published Dec 14, 2021, https://www.youtube.com/watch?v=6Fa6E_B_gBc Co-hosts — @PioVincenzo_ & Captain Kix.eth Guest — Developer of NFT Worlds, @IAmArkDev
Note: At this time NFT Worlds floor was around 0.7 ETH
Commentary categorized by participant:
@IAmArkDev — We made ‘a good layer on top of an already proven game’ — in reference to building the blockchain/web3 layer on top of Minecraft. Everything ties into $WRLD. Rarity are built into maps. Specific worlds will have have special features that will attract more players. See 300-400 people in each world at a time. Ability to scale up to multiple thousands in the future. NFTWorlds is actively working with Axolittles (@AxolittlesNFT) to develop in-game skins for characters. Wants to open that ability up for all communities. Token distribution is designed to blossom into its own self-sustainable structure over 5 years. Size of each NFT World - 16 million blocks by 16 million blocks Core team at this point was 5 people He’s built 4 tech startups that have had exits in the past 10 years Be able to download game client and play User must have Minecraft account to play in NFT World Access Windows, Mac, Linux Plant to have cross-platform compatibility for xbox, playstation, Nintendo Switch MIT License used, so it’s free to use Able to bring in other packets and modifications to the game for other user experiences. Removing friction from transaction layer of ecosystem 3 of 5 top Minecraft devs are actively working to build ecosystems on top of NFT Worlds
— Source: Sebastian Gomez, personal blog published Feb 18, 2022 (notable 44.2k YouTube subscribers) https://www.youtube.com/watch?v=wcL1q5PTkc0
-Purchased around 10 ETH -He says NFT Worlds is “competitor of Decentraland and the Sandbox”. -Bullish that the owner of the individual NFT World can invite players to their world, who can then earn money. -Notes that a singular NFT World is much larger than the entire Sandbox or Decentraland. -He says his entire thesis is built on the success of Minecraft’s proof-of-concept and that those +100m users will want to play on NFT Worlds.
— Source: Dingle Crypto Youtube published Feb 18, 2022, https://www.youtube.com/watch?v=caJPonoGMb4
The Youtuber claims to have made money playing Minecraft on NFT Worlds. Says he make 20 $WRLD token per hour playing. He says you must be actively playing to earn. In the video he attempted to login to the game, but there were too many people and he placed in the queue.
Note user ‘fuBEE’ commented on the video and said this: “Took me 8 hours to join,played 15 min and server restarted,joined back to queue now at 1470,just another 8 hours to wait also do they pay you out or do you have to claim it somewhere,because for that 15 min I dont see anything in the /pay page,neither on my wallet and they said every secounds count in the server” [sic]
-Blocktagon