UFO Gaming, a gaming platform that uses blockchain technology. Finally showed its new virtual world to the thousands of people who were there. The event, which took place in an undisclosed location, was the first of its kind.

A fully-fledged, completely immersive virtual world that runs on blockchain technology.

Players will be able to explore the UFO Gaming metaverse. Interact with other players, and play games all within a single, unified platform. The possibilities are endless; UFO Gaming has created a new type of gaming experience that will change the landscape of the industry forever.

A groundbreaker

After Facebook changed its name to Meta, many companies began making metaverses. UFO Gaming, however, announced plans to make one before that.

The company has been working on the UFO Gaming metaverse since early 2019. And is one of the first companies to develop a fully-fledged, blockchain-based virtual world.

The team behind UFO Gaming is made up of seasoned gaming industry veterans. Who have years of experience in game development, marketing, and community management. They are passionate about gaming and about making the UFO Gaming metaverse the best it can be.

In-game assets, NFTs, and more

With features like virtual real estate, in-game assets, monetary value, and other material benefits for gamers. UFO Gaming has created a one-of-a-kind multichain metaverse. They also have NFTs available in the form of game items.

If you have $UFO, the native token of the platform, you can access a variety of benefits like community involvement and dividends. UFO Gaming has set up a governance system to ensure that the community’s voice is heard in all decisions made; about the platform.

The UFO Gaming team is composed of experienced professionals in the fields of blockchain technology, and gaming. They are constantly working to improve the UFO Gaming platform and make it the go-to destination for all gamers.

Fun varieties for all during the launch

UFO Gaming had an Easter Egg Hunting event where people could play games to win prizes. The event also included a Streamer Takeover and a Team AMA. This gave the community a chance to learn more about the new metaverse.

In the future, they plan to host more tournaments with bigger prize pools. As a Decentralized Autonomous Organization (DAO), UFO Gaming gives its power back to the people. The community decides on the direction of the platform through voting.

A combination of VR and blockchain

UFO Gaming is using the blockchain’s capacity and VR technology to increase the value of the $UFO token. They are also making gameplay more immersive.

Players can use the UFO token to buy in-game items, join tournaments, or cash out their winnings. The team is also working on a way for players to bet on matches using the token.

The $UFO token is an ERC20 token that was built on the Ethereum blockchain. There will be a total of 1 billion tokens created.

Metaverse market projected to hit $50b in 4 years

The growing popularity of cryptocurrency assets and the growing use of blockchain technology are both expected to boost the metaverse market soon.

According to recent McKinsey research, the global gambling market will reach $50 billion in 2026. This implies that UFO Gaming’s decision to keep their gaming platform within their metaverse was a wise move.

The ascent of the metaverse

In McKinsey’s survey of 3,400-plus executives and users. The majority said they believe the metaverse will become increasingly important in years to come.

Although it is still early days, the metaverse has great potential to change people’s lives concerning their work and hobbies.

It is still unclear what the metaverse will become, with various concepts and applications being developed. However, it is getting closer to becoming a reality every day. The metaverse will not only be a new way to play video games but also a new way to work, socialize, and shopping.

James Atkins

I have been writing copy for blockchain-related projects since 2017. I understand the importance of being able to communicate clearly and effectively with both technical and non-technical audiences. By leveraging my understanding of the crypto industry trends, I can help increase adoption in this rapidly evolving landscape.