What is NFT Worlds?

NFT Worlds (WRLD) is a play-to-earn metaverse platform inspired by the open worlds of Minecraft, although not affiliated with it. It is built on blockchain technology and allows players to acquire non-fungible tokens (NFTs), explore community-created metaverses, and receive cryptocurrencies through gaming. The platform is decentralized and community-driven, operating on the Ethereum blockchain. NFT Worlds has its own in-game cryptocurrency, the WRLD token, which players can receive through gaming experiences and mini-games within the ecosystem. The platform provides 10,000 digital real estate pieces, each algorithmically generated to create an open virtual world.

How does NFT Worlds work?

NFT Worlds operates as a play-to-earn platform where players can acquire NFTs, explore various metaverses, and receive WRLD tokens through gaming. The platform is built on the Ethereum blockchain and uses its own in-game cryptocurrency, the WRLD token. Players can receive these tokens through their gaming experiences and by winning mini-games within the ecosystem. The platform also allows for the transfer of ownership of assets, NFTs, and virtual worlds. NFT Worlds strives to maintain compatibility with existing Minecraft server development plugins and practices, enabling creators to continue building atop the platform.

What are the potential use cases for NFT Worlds?

NFT Worlds provides a variety of potential use cases. It serves as a social networking metaverse where gamers can communicate and engage in battles, trials, and exploration. It also functions as a role-playing game metaverse with an emphasis on storyline, offering several chapters of content. Players can stake, rent, and collect commissions for impressions, services, and experiences in their own virtual worlds. The platform also allows for the creation and ownership of digital real estate pieces, with the rarity of features determining the privileges, exclusive functions, and potential returns from staking.

What is the history of NFT Worlds?

NFT Worlds was co-founded by developers ArkDev and Temptranquil, with a core team of five people assembled in September 2021. The platform was launched on October 5, 2021, with 10,000 NFTs minted and distributed at no cost. The native token of the ecosystem, WRLD, was launched in December 2021. Despite a setback in July 2022 when Minecraft announced it would not support NFTs and blockchain technology, causing the WRLD token to decrease 60% in its worth, NFT Worlds created a new game based on the core mechanics of Minecraft. As of August 2022, there are over 590 million WRLD tokens in circulation.