Coinswap Space will Unlock Metaverse GameFi Opportunities

CoinSwap
2 min readNov 26, 2021

The metaverse recently took over be the digital world, particularly in the gaming sector. According to most experts, metaverse is a mix of immersive virtual reality, multiplayer online role-playing games, and the internet. It is swiftly gaining traction in the growing blockchain gaming space. Based on the data by Crypto.com, the market capitalization of cryptocurrencies linked to metaverse is roughly $50 billion. Investors, traders, and gamers attempt to make their claim in the metaverse, extolling its possibilities for social interaction, entertainment, and income generation.

Metaverse blends games with decentralized finance, or GameFi, to create an ecosystem that brings together creators, gamers, and collectors in one place and rewards users for their interaction. There are many promising ideas and innovative projects to expand the metaverse world. As a result of these advancements, a rising number of use cases have emerged, including game applications, mining, or farming pools.

Some of the prominent metaverse GameFi projects that allow users to be engaged and rewarded are as follows:

1. CryptoMines. This is a Sci-Fi play-to-earn NFT game designed to provide the users with a fun experience by collecting Workers and Spaceships to travel through the universe searching for $Eternal, a mineral that allows them to live another day and make some profits along the way. (https://cryptomines.app/)

2. Mobox. It is a community-driven and user-friendly GameFi platform that empowers 893,784 registered users. The gaming platform combines yield farming and farming NFTs to create a free-to-play and play-to-earn ecosystem. (https://www.mobox.io/)

3. Mines of Dalarnia. This is a play-to-earn action-adventure game with over 100,000 users. Its game has procedurally generated levels where players mine and collect minerals, relics, and artifacts to upgrade their gear and unlock the secrets of the Dalarnia universe. (https://www.minesofdalarnia.com/)

As we move forward into the expansive world of metaverse, building a relationship and creating a solid foundation for the community is essential. With this, Coinswap Space encourages and allows its $CSS stakeholders to participate in on-chain voting for a new farming pool among the cited-above Gamefi projects through its updated on-chain voting mechanism.

So Coinswap Space community, get ready to vote. Voting starts on 26th November and ends on 29th November 2021. Visit www.coinswap.space for more information and visit https://snapshot.org/#/cssgov.eth to vote.

--

--

CoinSwap

The CoinSwap is a suite of products in Decentralized Finance. Perfect ecosystem for automated liquidity provision on Binance Smart Chain — AMM