Metaverse Investing: How nfts, Web 0, Virtual Land and vr are Going to Change the World as We Know It

Yield Guild Games

The Yield Guild Games follows a similar approach to other metaverses when it comes to their key concepts. What sets them apart, though, is their governing system and wealth distribution.
The idea is simple yet compelling. The guild establishes itself as a decentralized autonomous organization that invests in NFTs in a virtual world. The goal? They want to build the world's greatest virtual economy, which is ambitious, to say the least. They take a cue from the free market economy. They want to manage assets for maximum gain and then share the income with stockholders. In other words, they are trying to create a hedge fund on metaverse steroids.
Users seem to be on board with it. They have already created a community of players, investors, and developers who create decentralized games. They did also by taking another cue from the free market. Turning a crisis into an opportunity. They gained popularity during the pandemic when people had more time and had a greater desire for pay-to-play games. It is definitely worth keeping an eye on this ambitious guild.

Enjin

The Enjin software enables developers to create and manage virtual goods on the Ethereum blockchain. This idea is nothing new. What is new is using blockchains to manage in-game items across many different properties. Their vision aligns with NVIDIA’s, who are developing a system to combine metaverses as we discussed earlier. In addition, Enjin intends to reduce the high fees associated with digital transactions, which many people complain about.
Another aspect of Enjin that sets it apart from others is its work on fraud issues. It is no secret that the transfer of in-game items and collectibles has been fraught with fraud. To this end, Enjin has released software development kits that make it possible for users to create digital assets on Ethereum and integrate them into games and applications. The idea is to ensure that every asset is customized to fit the desired platform and recorded as a smart contract. In this way, speed, cost, and security are on par with cryptocurrencies. The company is very active on their website and blog, should you wish to investigate them further for a possible investment.