The Gaming Landscape

The gaming industry is growing at such a rapid pace that it’s predicted to reach 3 billion gamers worldwide within the next few years. It also reports an increase in market revenue of 8% per decade, meaning $200 Billion by 2023 if current trends continue.

The gaming industry is a huge and fast-growing market without any geographical or international boundaries. In 2020, the top 100 publicly
traded companies alone generated revenues in excess of $166 billion dollars – accounting for around 94% within this overall revenue generator (with advertising generating an additional large chunk). Tencent earned nearly all that money last year with their massive 34% increase over 2019’s numbers combined; nearly 10 billions more than Sony – the 2nd largest game publishers worldwide.

By using the fundamental offerings of blockchain technology, such as decentralization, transparency & security the modus operandi of the gaming industry are being changed forever. The existing Pay-To-Play economics is being radically transformed to Play-and-Earn where gamers are in control of the economics. On top of the economical shift, the blockchain technology also allows for integration of other technologies such as Virtual Reality top be introduced into the mix to make everything more interactive, interesting and valuable.

Popularity of gaming platforms like Axie Infinity, new Play-and-Earn economic models and GameFi is at an all time high, building a source & store of monetary value for the community. In the P&E model, the chunk of game’s revenue no longer belongs to large and centralised gaming companies, but rather, to the best gamers and gaming community of the ecosystem. As the gamers are the ones who make the games popular and valuable.

This way, gamers create value for other gamers and developers alike, they are rewarded with in-game assets for doing so, thus building the perfect inclusive as well, integrated GameFi ecosystem.

According to DappRadar, 800 game-specific decentralized applications (DApp) have been deployed across the blockchain networks. These are all available for users through blockchain technology’s popularity as a whole because of its ability to offer something different from other web 2.0 technologies such as centralised networks or even traditional games played on mobile devices where players typically pay an upfront fee before playing.

GameFi and P&E are going to be the centerstage of the gaming industry, and VR is adding a more immersive and engaging layer of experience in the very near future.

 

What is Earniverse?

Earniverse is the ‘Play&Earn Metaverse’, an immersive Virtual World where game developers can build and launch games with a number of value added DeFi features, that increase value for the community, making it more decentralized, transparent and focussed on user experience.

Players can earn rewards and assets (NFTs) by playing their favorite games in the metaverse, while investors/token holders generate revenue via virtual land ownership, leasing and advertising.

Small, medium and large game publishing enterprises can publish their games and convert regular online games into crypto games with the
help of Earniverse platform. While the gamers can discover and play the most promising and value producing games with trust and transparency of Earniverse umbrella.

Imagine roaming around in a VR space where game publishers have their own game districts, zones or buildings where top VR and traditional games are available as P&E games. Gamers can enter buildings to view and engage with individual VR experiences and then jump into the games of their choice within the Earniverse metaverse.

Brand exposure, marketing, advertising and general exposure for all (large and small) brands, within and for the games ecosystem will also be offered as the ecosystem grows. An option within the game and ecosystem, to purchase products and services from the brands directly on the platform. But, players will first need to connect an AVAX compatible wallet, browse their favorite metaverse games and start playing.

 

Mission and Vision

Earniverse aims to build a Virtual GameFi ecosystem that is comprehensive, immersive, efficient and effective in connecting the whole crypto gaming economy, including game developers, publishers, gamers and brands. Within the ecosystem, developers can launch decentralized games, and players can play games and earn revenue and assets (NFTs), with brands being offered the ability to market and get exposure
to their products and services by building their own VR experiences and games packaged in the form of gaming districts, buildings and zones.

By building a completely inclusive and integrated ecosystem, Earniverse can attract a wider community of quality game developers, who will provide a wider variety of the overall games and experiences. The business model of the Earniverse metaverse will attract more players to the global blockchain based GameFi market, while promoting the development and growth of the global gaming ecosystem.

 

The Earniverse Platform Value

The Earniverse platform is conceived and designed around five core components.

The components are as follows: Virtual Reality, Gaming Metaverse, Brand Exposure, Play-and-Earn economy, and Game Accelerator Services. Earniverse assists and facilitates the development and incubation of promising games, as well as inviting other leading GameFi projects from publishers of all size to go live within a short time frame and get exposure to the entire Earniverse ecosystem.

Gaming Metaverse

Metaverse refers to digital spaces that are made engaging and immersive by the use of virtual reality (VR) or augmented reality (AR). The idea of metaverse is beginning to become a prime focus for leading tech companies, Facebook changed its name to Meta.

Within the Earniverse ecosystem, virtual land will have a certain real life feel to it and will be allowed to be bought, collected, developed on, sold and traded by users and gamers. The ownership will be recorded on the blockchain, making ownership secure, trustworthy and fraud proof while the buying, selling, trading and rewarding will be completed via an in-game currency. The community will be able to build upon, develop, buy and sell their own land as well as develop experiences and games on the land to attract gamers.

NFTs

Earniverse NFTs allow users and gamers alike to earn NFTs items that have already been minted and listed on the Earniverse Marketplace.
Gamers can buy NFTs of the Earniverse metaverse for land, advertising spaces, buildings etc and also trade NFTs from the games in the metaverse. Additionally, Earniverse NFT allows VR developers and gamers to create and trade their own rare digital assets (collections and products).

An example being Earniverse land and advertising screens etc. The NFT creation and trade is a fundamental aspect of the P&E economy that Earniverse is trying to promote as smaller game publishers and gamers are in a much better financial predicament with P&E games.

 

Brand Exposure

Earniverse facilitates marketing and advertising to new and budding games via various channels on the internet and on the platform. Publishers will be able to connect directly with the gaming community without having to worry about spending on advertising to acquire new users. Rather they can focus on providing more value to gamers via games and let Earniverse community act as a marketing channel.

Earniverse offers a unique solution for the game publishers and option for users within the game, that is for users and gamers to purchase the in-game products and services directly from the brands within the game and marketplace. Earniverse portal will act like Google play for android or App store for iOS.

 

VR & Aggregation

The VR environment on Earniverse is designed to bring multiple games together. It unites thousands of games from a variety of different and popular game developers into a single product, helping create world class gaming portfolios and scale faster than ever before. It is the most engaging, efficient and effective way for small and exciting games developers to increase the scale and scope of distribution.

Earniverse features some in-house games but is also providing technical guidance, resources and ecosystem to other publishers that encourages innovation and entrepreneurship from all over the world.

 

Launchpad and Incubation

The launchpad and incubator program by Earniverse is a blockchain focused gaming support initiative. It empowers game developers and
publishers (especially small and medium size) through access to funding, community and development resources.
Earniverse features a comprehensive incubation and acceleration system to help expansion and blockchain gaming adoption. Furthermore, the Earniverse Launchpad and Incubator is very much compliance driven and offers a full Know Your Customer (KYC) compliance solution, on t he other hand creating a SSO profile for gamers to access all games within the metaverse.

Earniverse Economy

On Earniverse players do not need any kind of approval or permission from anyone within the existing ecosystem neither face any financial barriers when playing or starting to play. All the games are free to play so that gamers from anywhere can join the ecosystem without being concerned about the cost to enter. All they need to do is to simply link Avalanche compatible wallets and once linked, they simply
start the game journey and enjoy what’s actually the important part, the Earniverse experience.

Most of the games on Earniverse are Play-and-Earn, whether published by an in-house team or other game publishers. Only exceptions are made when non-P&E games provide some exclusive value to gamers. The reason for this approach is to provide highest value to gamers on the platform and create a niche of P&E games and economy where gamers come and invest time and skills for a definite purpose of earning
monetary returns.