Master Ventures Investment in Monsta Infinite
Master Ventures announced investment in Monsta Infinite, a decentralized game universe built on Binance Smart Chain (BSC), where anyone can earn tokens through playing the game competitively or for leisure.
Monsta Infinite uses Binance Smart Chain (BSC), a less saturated blockchain ecosystem that allows transactions to take place at a fraction of the price of Ethereum. This aims to improve user experience by making gameplay more affordable, accessible, and subject to much lower gas fees.
Moreover, the game aspires to remove common flaws that other NFT-based games currently experience. These are related to overcoming issues of wealth disparity by limiting the power of richer players who have more collateral and less skill. Providing a more financially sustainable solution to manage the overpopulation of characters and assets. Creating a player hierarchy structure where players are matched with other players at the same level of capabilities. And, overcoming the challenges of bot mechanics by utilizing a random captcha to ensure all players are genuine.
NFT games like Axie Infinity and Decentraland, to name a few, have no doubt been very successful in recent times, creating a whole new wave and style of engagement that members of society worldwide have with blockchain technology and cryptocurrencies. Such platforms have huge user bases and have undoubtedly paved the way for similar concepts to emerge that build upon them with new and improved visions.
About Monsta Infinite
Monsta Infinite is a play-to-earn decentralized NFT game that takes inspiration from “Axie Infinity, a similar gaming concept and ecosystem built on the Ethereum blockchain network. Like Axie Infinity, Monsta Infinite has a similar style where it showcases a virtual world filled with creatures that can only be described as a cross between Pokémon and CryptoKitties. These creatures or “Monstas” are prehistoric by nature and live in an imagined world called “Shani”. Their whole existence is based around staying safe from their enemy called “Jilaka” in a plight to summon what is known as the “Inception Monsta” who can save and protect them.
About Master Ventures
Master Ventures is a blockchain-focused venture studio helping to build the next generation of blockchain-based Web 3.0 system innovations within the crypto industry. Launched in 2018 by Founder and CEO Kyle Chassé, the company’s ethos can best be summarized in the acronym #BeBOLD: Benevolent, Open, Love, Decentralized.
📰 INFO
https://masterventures.medium.com/why-we-invested-in-monsta-infinite-e42bc11783db
