What is NFT Worlds (WRLD)?

What is NFT Worlds (WRLD)?

NFT Worlds is a platform based on Minecraft that allows players to explore community-created metaverses, play games, and earn cryptocurrencies. It's a play-to-earn (P2E) platform where players can purchase non-fungible tokens (NFTs) and collect unique pieces of digital real estate. The game plots are algorithmically generated, creating an open virtual world that contains 10,000 worlds available in the NFT Worlds collection.

NFT Worlds is inspired by the massive open worlds of Minecraft, although the two companies are not affiliated. Microsoft-owned Mojang Studios announced in July 2022 that Minecraft would not support NFTs and blockchain">blockchain technology. This caused NFT World's WRLD token to crash 60%. However, NFT Worlds announced that it will create a new game based on the "core mechanics of Minecraft."

NFT Worlds is a decentralized platform that runs on Ethereum. It's community-driven and has its own in-game cryptocurrency called WRLD. Players can obtain WRLD as payment for gaming experience and can also win it in the mini-games of the ecosystem.

How does NFT Worlds (WRLD) Work?

According to its whitepaper, NFT Worlds aims to constantly expand and develop each of its ten thousand unique worlds, with the goal of growing into a vast, massively multiplayer environment of interconnected worlds. Each world includes in-game portals with various options for users to switch between quickly. The platform envisions a future where each planet has its own unique gameplay mechanics, experiences, play-to-earn tournaments, community hangouts, and more. Moreover, NFT Worlds seeks to address the challenges of creating massively multiplayer metaverse worlds and games, such as integrating blockchain-based transaction layers and authenticating player NFT ownership for content access.

What makes NFT Worlds (WRLD) Unique?

Despite the restrictions, NFT Worlds has declared that their developing world will be compatible with existing Minecraft server development plugins and practices. This allows current creators to continue adding to the Minecraft platform and everyone can create their own virtual world and earn income from it by staking, renting, and collecting commissions for various services and experiences. Players have access to over 10,000 worlds and portals that connect them, as well as the option to transfer ownership of assets, NFTs, and virtual worlds.

Moreover, NFT Worlds offers a social networking metaverse for gamers to communicate, an immersive universe where battles, trials, and exploration occur, as well as a role-playing game metaverse with a focus on a captivating storyline complete with several chapters of content. The gaming experience is accessible and personalized, with familiar controls, easy-to-use instrumentation, and customizable game mechanics available to users.

All created worlds are unique, combining various game characteristics. The more rare features a world incorporates, the more privileges and exclusive functions the owner receives, and the greater the profit from staking.

The ultimate goal of NFT Worlds is to create an open ecosystem that encompasses various noteworthy metaverses and NFT projects.

What is the WRLD Token?

NFT Worlds offers an in-game currency called WRLD token, available on both Ethereum and Polygon networks. Players can use WRLD tokens to access exclusive experiences, items, perks, and content within NFT Worlds. Owners of worlds can earn WRLD tokens by offering unique experiences, while players can earn tokens by participating in global games. Additionally, staking WRLD tokens allows world owners to earn rewards while benefiting the NFT Worlds ecosystem.