'DeFi Projects Going into the Metaverse' by crypto_unfolded defi metaverse
The DeFi Yield Protocol is a decentralized ecosystem integrating numerous DeFi tools and services, including yield farming, staking, NFTs, and Metaverse gaming. The project operates on unique smart contracts and employs DYP’s proprietary anti-manipulation functionality. The next DeFi project on our list is the Bored Ape Yacht Club , which boasts 10,000 ape-like, algorithmically generated, and expensive NFT. Otherside will use ApeCoin as its primary currency.
One of DYP’s most ambitious initiatives is its Metaverse platform, which will incorporate a play-to-earn game and a frontier-less virtual world. The developers recently posted aPeople will be able to use a VR headset to connect to this blockchain-based, Metaverse RPG game. The immersive mining, play-to-earn gameplay boasts a feature-rich design enabling players to explore through endless mines and hunt for rewards, special items, and digital currency.
DYP is a growing presence in the DeFi sector, and its immersion into the Metaverse will increase its popularity. The project is listed on several industry-leading exchanges, including Coinbase, Huobi Global, and MEXC.The next DeFi project on our list comes from one of the most successful NFT series, the Bored Ape Yacht Club . The famous collection launched in April 2021, boasting 10,000 ape-like, algorithmically generated, and expensive NFTs.
Interestingly, Yuga Labs partnered with Animoca Brands to develop Otherside. The Hong Kong-based company is the developer behind another popular Metaverse game, The Sandbox. The collaboration could spark the integration between the two Metaverses, even if there’s no official announcement regarding it at the time of writing.is an NFT collection expanding into the Metaverse with MetaCity, a real estate-oriented game.
Metacity will be a high-definition gamified Metaverse running on Unreal Engine 5, the same underlying technology of the popular game Fortnite. As a result, it will feature lifelike animations, polished graphics, and engaging game modules. Souls of Nature boasts a 9,721 NFT collection enabling holders to be "re-born" into an animal soul and participate in experience-to-earn activities. The SoN Metaverse challenges them to rescue an endangered world and collect rewards. In return, the project donates a percentage of the initial collection funding to help protect ecosystems facing extinction worldwide.
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