COMPETITION SHARES NOW INVESTING ON TSX ENTERPRISE EXCHANGEOctober 6, 2021
Source : Ayo News
Yield Guild Games has committed to purchasing US$1M worth of Star Atlas NFT gaming assets as part of a long-term partnership between the two projects.
Star Atlas is a space-based, science fiction MMORPG, boasting immersive, photo-realistic graphics powered by Unreal Engine 5’s Nanite, and is widely tipped to be the first blockchain-based title capable of attracting a truly mainstream audience.
Players in Star Atlas initially choose a character role, for example, in Transport or Construction, or as a Miner or Data Scanner, and so on, which shapes the nature of their in-game activities, and owning items they use in the game as NFTs. This includes everything from ships to equipment to character skins, and even their metaverse accommodation.
Several game assets are already on sale at the game’s marketplace, with asset prices ranging from $5 to over $1 million. Aided by their acquired assets, Yield Guild will be presented with several cooperative opportunities, ready to be capitalized upon through the coordinated efforts of guild members.
Yield Guild Games has so far acquired several spaceships such as Calico Guardian, Compakt Hero, Opal Jetjet, and Pearce X4 among others. With their unique designs, different specs and rarities, guild members may use these ships to generate yield from in-game activities after launch. More in-game items will be purchased once other NFT drops are released in the coming months, including the upcoming one Thursday, 7 October, 2021.
Yield Guild and Star Atlas first announced a strategic partnership in April of this year, citing the closely aligned core values of both projects, namely creating financial opportunities for gamers through the economic expansion of the metaverse.
According to Sarutobi Sasuke, Head of Partnerships at Yield Guild, Star Atlas is “one of the most exciting space MMORPGs in the blockchain gaming space,” and the guild has recently committed to the purchase of an entire fleet of ships – among other in-game items – which will be acquired incrementally across different drops.
Michael Wagner, co-founder and CEO of Star Atlas, commented: “Our partnership with Yield Guild Games is bearing fruit for countless metaverse players worldwide, providing access to flourishing gaming communities based in the Philippines and throughout the world, while giving an opportunity to millions of players to create their own prosperity through Star Atlas. With the groundbreaking economics and governance model that goes much beyond ownership of assets, the ability to truly reap the fruits of their time and effort spent in the game will open an unprecedented array of possibilities for Star Atlas players and the socioeconomic model of the future.”
Staying with Yield Guild Games, in June this year, the company raised US$4M in a Series A investment led by BITKRAFT Ventures.
Star Atlas will be releasing a full game trailer tomorrow, 6 October, 2021, via YouTube Premiere.
Source : Ayo