The metaverse, Play-to-Earn (P2E) gaming, and NFTs: three of the most popular, yet different crypto concepts of today. Blue Monster Games (BMG) is here to unite these revolutionary ideas into one, truly decentralized, user-focused, and potentially profitable ecosystem—read on to find out all you need to know.
Play-to-Earn (P2E) in a nutshell
For those unfamiliar with the concept: Play-to-Earn (P2E) is essentially a reward framework built around blockchain-based games that enables players to gain valuable digital assets in return for their engagement. These returns vary greatly, however, some of the top ecosystems’ users are often able to make a full-time living from them. Despite the concept’s significant following, many argue it’s only the tip of the iceberg in terms of potential. For instance, rewards mostly consist of fungible crypto tokens, and almost all Play-to-Earn games are standalone applications, rather than entire ecosystems. Until now.
About Blue Monster Games
BMG is here to embark on a challenging, and highly ambitious journey, with a vision to unite the crypto world’s top ideas—Play-to-Earn gaming, NFT rewards, and the metaverse—into one, truly decentralized ecosystem for all. Blue Monster Games disrupts traditional, centralized gaming by offering endless possibilities to visionary participants and creatives to bring entirely new virtual worlds to life, while remaining sole owners and controllers of their creations. Being the pioneer in its field, BMG’s mission is not easy, but increasingly tremendous demand, and underserved markets supported by a world-class team manage to drive the project forward every day; let’s take a look at what this metaverse is all about.
First, to ensure a truly decentralized environment, BMG was created to be a Decentralised Autonomous Organization (DAO). Essentially, this means an entirely self-governing community directed by token holders. Also, it’s important to note that all the profits of the ecosystem go to the DAO, which then redistributes it among its members.
Moving on to Play-to-Earn gaming with possibly leveraged Non-Fungible Tokens (NFTs), which is one of BMG’s most innovative aspects. Simply put, users will be able to play with in-game NFTs, such as various characters, but, contrary to almost all other platforms in the sphere, they don’t have to own them. Instead, players—called Scholars—could opt for borrowing the NFTs of other members—Managers—who they could easily match with on Blue Monster Games’ user-friendly Marketplace. This disruptive mechanism combined with a Play-to-Earn revenue model never seen before will enable players the chance to potentially make one hundred times the amount they could earn on Axie Infinity, the biggest project in the sphere.
BMC Token Explained
BMC Token is the native cryptocurrency of the Blue Monster Games ecosystem. It not only gives governance rights to every single holder, but also acts as the universal measure of value throughout the BMG metaverses. Additionally, users will be able to stake their $BMC Tokens to earn industry-leading yields, or earn BMC by referring new entrants to the ecosystem, thereby further optimizing their profits.
DIG: The Engine Behind BMG
Decentralised Investment Group (DIG) is a well-established firm based in Dubai, with a primary focus on investments in the GameFi, and DeFi spaces, combined with venture capital allocations within the industry. With a proven track record of countless successful backings within the crypto sphere, DIG is now standing behind Blue Monster Games, providing a rock-solid foundation during the early days of the ecosystem.
Final thoughts
Play-to-Earn gaming, NFTs, and metaverses have managed to completely change how the world operates as standalone concepts: now imagine what they are capable of when combined into one, powerful ecosystem, such as Blue Monster Games (BMG). Backed by DIG, many experts argue that BMG is set to succeed, which would make the project one of the first significant representatives of the upcoming era.
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Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
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