The integration of 3D assets and NFTs is now possible with the foray of Wilder World into the world of cryptocurrency. A drive to create a multi-tier 3D world is the primary agenda. The Zero.Space platform acts as the foundation on which this token functions.
With the advent of players in real-life-based games, the demand for this non-fungible token is skyrocketing! Therefore, the prominence of Wilder World is increasing by leaps and bounds.
What are NFTs?
NFT stands for non-fungible tokens. The principal reason behind the wide-reaching fame of these tokes is their non-conformity. They use the concept of blockchain to corroborate the value of the digital assets in the transaction.
To break it down further, it is imperative to understand the fungible investment.
Fungible assets are exchangeable. Similar to cash, users can trade them for other commodities. Therefore, two different wares are deemed equal to each other, irrespective of the differences in their properties.
NFTs in Digital World
As stated above, the key difference between fungible tokens and non-fungible tokens lies in their exchange value. A non-fungible token cannot be substituted with any other form of tender.
In the digital world, NFTs are viewed as an analogy to collectibles. Digital ownership is now possible with the factor of exclusivity woven in it. The feature of tokenization ensures that no unique piece can be replicated in any format.
Value of NFTs
Even today, several traders are skeptical about the tangibility of NFTs. However, statistics say otherwise. The following table offers more insight into the actual worth of non-fungible tokens. The data has been obtained from this source.
|Artwork||Price Sold For|
|Beeple’s Everydays: the First 5000 Days||$69 Million|
|Larva Lab’s Cryptopunk #7804||$7 Million|
|Beeple’s CROSSROAD||$6.6 Million|
|Jack Dorsey’s First Tweet||$3 Million|
|“Genesis” Estate Game||$1.5 Million|
|Larva Lab’s Cryptopunk #4156||$1.3 Million|
What is Wilder World?
Frank Wilder is the pioneer behind the Wilder World franchise. The primary concept of Wilder World is to tap into the decentralized ledger mechanism that offers premium security.
History of Wilder World
In 2017, Frank Wilder created his first-ever NFT at The Ethereal Summit. As he ventured further in this field, the visual enhancement of NFT tokens became the fundamental focus. Some of the most notable releases are:
- Decorative NFT pieces
- State-of-the-art accessories
- Customizable avatars
Totems are the main unit that Wilder used in 3D modeling and printing. Initially launched as jewelry pieces, they further expanded into the format of statues and artifacts.
It works in separate phases to bring about a colossal difference in the overall utilization of the 3D gaming sphere. These processes work in tandem to bring about a whole new experience to avid gamers worldwide.
A global art gallery was launched through AR (augmented reality). Wilder World and Zero.io worked in collaboration for this mammoth project. The major artworks featured in this gallery were AR renditions of drawings from renowned artists. The launch artists were:
- Frank Wilder
- Phoenix Wilder
A patron can purchase each artwork for a value of $9. After the purchase, these AR artworks are donated to real-time locations. Any individual in that locality can collect this artwork later on.
The different types of technology that make this possible include:
- Screen Printing
- Etching Press
The launch of this phenomenal, crowd-sourced project has helped artisans worldwide connect with people effectively.
The Wilder World 3D Metaverse is the hottest entrant to the VR (virtual reality) powered gaming experience. However, it does not stop here. Mixed reality is the main theme behind the functioning of this metaverse.
Mixed reality, also commonly called hybrid reality, paves the way for the co-existence of the physical and digital worlds. The implementation of this concept in 3D gaming has unlocked immense untapped potential in this territory.
The Revolution of the Metaverse
The increasing momentum of NFTs needs solid backing. Hence, the overall utility and liquidity of this economy are under study at present. A co-dependent system between creators and buyers is the direct result this establishment hopes to achieve.
The Ethereum blockchain is the foundation on which this entire entity functions. It is a Decentralized Autonomous Organization (DAO). As a result, multiple gameworlds can operate together without glitches.
Important Features of the Metaverse
Some of the most imperative attributes of the 3D metaverse are listed below.
The Wilder World metaverse has broken the notion that one needs to be high on cash to own premium assets. Since the main theme behind this metaverse is co-ownership, a person strapped for cash can also hold high-end investments.
The crowd-funded platform ensures that both the artists and the audience hold equal authority over all the resources. The absence of social strata ensures that users from all walks of life can reap comparable benefits.
This metaverse’s operation enables the easy sales of tokens after purchase, thereby enhancing liquidity effectively. Apart from this, another significant attribute of this system is fractionalization. There are no singular stakeholders for any piece of work.
The Wilder Artists Guild is a strident call for decentralization. The real spirit of this system has been pushed to the backseat by most NFT traders. However, its importance is getting revived through the tokens launched by Wilder World.
- $WILD: This token was launched to enhance network growth and development smoothly.
- $LOOT: It uses a bonding curve to improve the liquidity in the market.
The entry of Wilder World into the mainstream economy provides immense leeway for audiences to be active members of the network.
This feature was not possible previously. However, the collaboration of augmented reality with the gaming universe is creating a lot of buzz. The unending scope for the development of this digital system of art collection showcases the vast potential it holds.
New digital art enthusiasts in this field who are hesitant to take the plunge can research their own. It will offer a lot of perception regarding this system and the lucrative benefits it can offer.