Metaverse Games – Storing and Selling Game Assets

Metaverse gaming is still a relatively novel concept, but companies are rushing to create revolutionary games that incorporate elements like the Blockchain, NFTs, VR gaming, augmented reality, etc. These innovations are already enabling us to move closer to the internet of tomorrow — Web3. 

There are already many Metaverse games and projects, and all of them strive to create an actual Metaverse, a shared virtual network that connects all of these games and more. 

We wanted to focus on what we already have on the digital front and what is on the way in this piece. We’ll cover Metaverse games and their assets, but more importantly, we’ll explain how storing and selling them will proceed with new projects entering the sphere. 

Metaverse Games and Their Assets

Besides the fact that they are typically open-world games that closely resemble virtual domains and simulations of the real world, Metaverse games are a lot more. They often work on a play-to-earn model and integrate NFTs and cryptocurrencies, i.e., virtual assets. 

The great part about these assets is that you get to work hard to obtain them, just like in regular games. However, thanks to NFTs, you get to own something unique, so you are motivated to spend a great deal of time obtaining or creating them. 

NFTs, or non-fungible tokens, are just that — non-fungible. This effectively means that they are not interchangeable, making each NFT unique and giving it value. 

Projects like Realm want to enable you to own and manage various items and art in a digital domain. You’ll get to be part of a magical virtual Realm where you can create almost anything imaginable. For example, you can design your avatar, NFT pets, craft stories, personalize your experience with sound layers, and more. 

This is something that many Metaverse games are trying to achieve, but Realm takes it a step further. It’s effectively a cross-chain project, meaning you can transfer your in-game items across chains. You can create a virtual space in the game and keep or sell that land and different items on OpenSea or other notable platforms. 

Selling and Storing Items in Metaverse Games

Most Metaverse game projects aim to let you customize your items and land as much as possible. This is entirely possible thanks to novel technologies like the Blockchain and NFTs. What’s more, they solve one crucial issue — security. If you play for hours or days to create a whole land or win some incredible items, you want them to be yours forever. 

Aside from the fact that they are part of the game, you want your items to be safe in a place you own. With specialized crypto wallets, you can safely store any digital and complex items like NFTs and digital land, so security will never pose an issue. 

Ambire is one of those wallets that allows you to store both tokens and NFTs. It lets you connect it to any dApp and gives you a visual image of your NFT item, something you don’t get with popular software wallets like MetaMask. 

When your items are securely stored in that fashion, you can quickly move on to selling them when you want. There are no limitations here, so it will be easy to sell if you create something genuinely enticing to thousands of people. 

Let’s remember that a piece of virtual land in Axie Infinity was sold for around 888 ether in February 2021. At the time, that was approximately $1.5 million. Security is crucial with such astronomical prices, so NFTs must be safely stored in high-quality and highly secure wallets like Ambire. 

Bottom Line

We are all dreaming about the Metaverse future that has already begun to unfold, especially through Metaverse games and other interesting futuristic projects that focus on creating, owning, and selling items.

These projects are here to stay and develop further into something even better, and there is no telling what we’re going to get in the future. If these concepts interest you, investigate Metaverse gaming further. For those of you who wish to become an active participant, don’t forget that security is vital in the digital Realm and that safely storing your items is not something you should disregard. 

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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