Although we are in a bear market context, the blockchain industry has proven its resilience. In addition, she is full of creativity and is never short of exciting new projects. This is the case with TheMEGLAND, which immerses us in its community metaverse where NFTs meet Play-to-Earn. Open to a large audience, this decentralized video game platform is synonymous with freedom, both for users and creators. Experience with us this world that is out of the ordinary.
The video game industry is booming
The video game market ranks first in terms of entertainment. According to Statistica, it weighs 87% of the sector to the detriment of music and cinema alone. Moreover, the healthcare context linked to Covid-19 has been favorable for it as it has earned around $300 billion in 2021.
With the advent of blockchain, especially metaverse and NFTs, it enters a new chapter whose pages the most avant-garde will be able to write. In fact, the blockchain and its derivatives are a real growth rod for video games due to the emergence of a new category of players who are attracted above all by the innovation of Web3.
TheMEGLAND, craftsman of a new world of video games
This platform is the culmination of two years of development, the primary goal of which is to allow users to create, play, share and exchange without central control. In this context, TheMEGLAND brings together crypto game enthusiasts and online video game enthusiasts.
TheMEGLAND offers a virtual world available on PC, console and mobile. TheMEGLAND team is aware of the opportunity offered by blockchain and offers an innovative alternative to classic video games. In other words, it is going to solve the problem of the centralization of traditional video games, which limits rights and ownership.
To do this, TheMEGLAND is based on the Ethereum blockchain. Its ease of handling, its reliability and its interoperability actually won over TheMEGLAND team.
Although virtual asset trading is common in the video game industry, it has traditionally been reserved for publishers or the black market. TheMEGLAND also allows players through NFTs to regain control as they guarantee sole ownership of a digital asset regardless of what the publisher decides.
TheMEGLAND wants to be an ecosystem that is above all profitable for its users. To this end, creators can enjoy the fruits of their labor fairly and players can enjoy their immersive journey on the platform without control over their data or their assets. In other words, users have the opportunity to implement games for the most experts or simply make money from their experiences on the platform.
As creators, they decorate their universe with landscapes that correspond to them such as medieval cities, space stations, etc. As players, they have the opportunity to play in mythical places by performing fights with their loved ones.
TheMEGLAND, much more than an NFT sales showcase
Some platforms that claim to be virtual reality video games are actually just bait for selling NFTs. Fortunately, TheMEGLAND is a real video game in the metaverse. Its graphics are thus inspired by the biggest names like Fortnite or Grand Theft Auto. This is confirmed by his white paper. Its game mechanism is based on four components: assets, LANDS, avatars and the MEG token.
These are digital goods intended to be registered as NFTs. As a result, creators benefit from real added value. They are divided into 5 categories:
- Wearables that allows you to customize the player’s avatar;
- Equipment which provides functionality to the avatar. It can be weapons, cars, helmets, swords, shields, gloves, etc.;
- The entities which make up the game environment and its interactivity. These include avatars, animals, monsters, landmarks, etc. Creators can program entities to interact with the player according to several predefined scenarios;
- Art is about aesthetics that make the gaming experience more appealing. One can, for example, cite the statues;
- blocks also have an aesthetic role, but they are environmental assets that can transform the appearance of the landscape such as water, sand, etc.
These are digital assets in the game that are represented by plots. In other words, they are pre-built and player-owned virtual lands that are used to publish a game or to be rented out to game creators. Each LAND is 96 m² and is displayed as a square.
TheMEGLAND has a limited number of LANDS, with a total of 178,929 LANDS sold over five years. Players can try their hand at property development. Thus they can combine LANDS to make ESTATES, which in turn can form DISTRICTS together.
TheMEGLAND has even thought about community interactions between LANDS. In fact, by mutual agreement, if you have a COUNTRY and your friend also has a COUNTRY, you can create a portal to move players from one COUNTRY to another without going through the menus.
It is a 3D representation of a player in the game. It can be changed according to his preferences. Moreover, this avatar comes with a set of default animations such as dancing, walking, running, jumping, climbing or crouching.
The MEG token
It is the token that governs exchanges in TheMEGLAND ecosystem. As a result, all creators and players have access to it. MEG is a utility token that performs several functions:
- Access to the platform: users use MEG to play games, buy equipment or customize their character;
- Governance: MEG token holders can participate in platform governance decisions through a decentralized autonomous organization (DAO);
- Effort: it allows users to earn mining revenue on LANDS;
- Financing of the investment pool and the fund: 5% of all MEG trading volume (trading fees) will be allocated 50% to the staking pool as a reward for token holders staking MEG. In addition, the remaining 50% will be allocated to the foundation of TheMEGLAND.
A multifunctional ecosystem
At TheMEGLAND, the user helps create the game, and its ecosystem is based on three pillars, the common denominator of which is the users’ contribution to the operation of the platform. These are the MegEdit editor, the marketplace, and the Game Maker.
The MegEdit editor
It is a modeling software that allows users to create and animate 3D, 3D voxel or 2D objects, for example characters, animals or tools.
Users have the ability to upload, publish and sell their creations (assets) made in the MegEdit editor in the form of NFTs.
It is a game design software through which users can decorate their LAND with assets. Furthermore, they are also allowed to implement interesting and nuanced game mechanics by assigning predefined behaviors to assets via visual scripting nodes.
TheMEGLAND offers us a project cleverly conceived by its team of experts. The platform is a source of added value for both players and creators. Indeed, creators can let their imaginations run wild while enjoying the fruits of their labor thanks to NFTs. Players, on the other hand, benefit from a community experience of the metaverse while earning income. The disruptive concept of this platform is unlike the traditional video game market. TheMEGLAND therefore allows a leap into the future with a well-filled roadmap. To this end, the platform invites you to end the year in style with the first part of its mint scheduled for December 20.
Receive an overview of news in the world of cryptocurrencies by subscribing to our new service atdaily and weekly so you don’t miss any of the Cointribune essentials!
As a financial professional, I consider blockchain a real revolution thanks to all its innovations, which have a global impact. It is with passion that I take part in this new digital era through my articles.