Metaverse is one of the hottest topics in the crypto industry right now. In simpler terms, it is a concept used to describe a virtual world where people can interact with each other like they do in the real world.
The possibilities of the metaverse are endless, and there are multiple virtual worlds, with each one having its own unique purpose. Some metaverses are designed for a single purpose, while others are multi-functional, covering activities such as gaming, concerts, learning, etc.
Gaming metaverses have become more popular than ever, and they involve trending concepts like GameFi, non-fungible tokens (NFTs), and Web3. Today, there are many first-generation projects, but the lack of high quality graphics, modern integrated games, and other opportunities enhances the development of next-generation metaverse projects.
Artyfact is just one of the projects aiming to change this narrative. In contrast to platforms developed earlier, Artyfact is the first metaverse built using Unreal Engine 5, a tool believed to be able to deliver the most advanced, real-time photorealistic visuals and otherwise immersive experiences. Artyfact offers multiple earning opportunities to gamers, avid NFT collectors, artists, influencers, brands, and other interested participants.
What is Artyfact?
Artyfact is a metaverse project that aims to revolutionize the NFT market using two major areas of its virtual world.
The Artyfact metaverse is divided into urban and gaming areas. Urban areas are parts of the virtual world where citizens can purchase assets such as NFT avatars, virtual lands, billboards for advertising, properties, digital apparel, and more. Users can also attend events such as NFT exhibitions, concerts, paid and free meetings, learning sessions, etc.
The gaming areas, on the other hand, are special zones where users can play supported play-to-earn games in the Artyfact metaverse. They will also be able to own game assets as NFTs and sell them. Some of the game genres include adventure, racing, and battle royals.
Features of Artyfact
Some of the core features of the Artyfact metaverse include:
Artyfact citizens who are interested in gaming can play the different NFT-based games supported in the game areas. Gamers are required to place a bet in the platform’s native token ARTY before participating in games, and the winners will receive the prize pool. Gamers will also be able to own game assets as NFTs and sell them.
Citizens of the Artyfact metaverse can purchase new avatars in the marketplace, create their own avatars, or export existing ones. Avatars can wear digital clothes which can be bought in stores in urban areas.
Artyfact allows other NFT marketplaces to integrate into its ecosystem. The project plans to create special zones in urban areas to facilitate the creation of 3D NFT marketplaces for 3D NFTs.
Artyfact also has its own marketplace where citizens can buy and sell NFTs, avatars, land plots, apparels, and other digital assets.
Users can host or attend events in the Artyfact metaverse just as people do in real life. There are three main types of events in the virtual world – public, private, and VIP. Public events are accessible to all Artyfact citizens, private events are only available to ticket holders, and VIP events are for ARTY token holders and stakers.
Other features of the Artyfact include virtual billboards and special opportunities for brands and influencers, such as co- operative gaming, event sponsorship, virtual merch creation, and much more.
The ARTY Token and ICO Launch
ARTY is the native token of the Artyfact metaverse. It has a fixed total supply of 100 million tokens. The cryptocurrency is also the governance token of the Artyfact DAO, and it powers every activity in the ecosystem. Citizens can use ARTY to pay for items and services, earn staking rewards, vote in DAO, and access other premium benefits.
Artyfact will conduct its initial coin offering (ICO) in four phases, and the first one is currently ongoing on their own Launchpad. Upon the completion of all the fundraising rounds, the token will start trading at $0.65.
The project has already received support from Eternity, X8 Fund, Blockchain Invest, Capfinex, Merehead, and others.