LONDON, March 17, 2022 (GLOBE NEWSWIRE) -- Utoverse has announced the launch of its utopia-based Metaverse project that uses a combination of modern age tech such as blockchain, 3D virtual reality, AR, NFTs, and GameFi while utilising mythical, astronomical, and physics based knowledge to combine a multi-axis Utoverse.
Humankind has always been in search of a parallel universe. Myth, Legend, Religion, Faction, and modern-age Science, all reflect a mention of the alternative universe, which is highly desirable and perfect for its inhabitants called Utopia, in other words.
Serving as an alternative virtual universe in the form of the metaverse, Utoverse will offer its inhabitants ideal and seemingly perfect conditions. It will ensure equality of resources, which in our existing planet i.e., mother Earth, is not possible mainly because of a series of catastrophes, and human nature, leading to a phase where the Earth cannot restore itself to its original state.
With Utoverse, a group of courageous and resourceful aspirants are determined to go to outer space to find another planet suitable for humankind to live and recreate an ideal world.
Combining GameFi with Utoverse
Utoverse combines GameFi with metaverse and enables the inhabitants of Utoverse to enjoy financial freedom. It adopts the famous Monopoly gaming model as the main game element. In Utoverse, players can participate in games launched by different "enterprises" to obtain game experience and social networking.
At the same time, players can also buy "equity contracts" to make profits in the development of various enterprises to achieve the central idea and principle of Play to Earn.
Entering into the Utoverse
To become an inhabitant of Utoverse, a user must first acquire an Avatar, which represents the digital version of the person within the alternative world. Avatar can be acquired by getting an NFT of several types, including the Capitalist, the Entrepreneur, the Gold Collar Businessman, the White Color Employers, and the Blue Collar Worker, all of which represent different roles within the Utoverse.
The Utoverse will further offer categorized lands with labeled districts with exclusive traits per district for its residents. This includes the Financial District, Private Land, and Thematic Economic Zone.
Governance
Utoverse believes in a fair and equality-based governance model. If features a game party that will act as the government to ensure the normal operation of the game. Billboards as advertising points in each enterprise, and shareholders can enjoy the profits.