INTRODUCTION

ArcadeNetwork is a unique platform that offers gamers and developers a whole new experience of gaming metaverses.

They provide interoperability in the gaming industry, which allows the gamers to purchase any asset from one game or metaverse and use it in whichever games or metaverses they wish to.

ArcadeNetwork aim to standardise the gaming industry with their $ARC tokens, providing easy transactions at any point in time.

Features of ArcadeNetwork

1. INTEROPERABILITY

As a gamer, it is very inconvenient to purchase assets in every game. ArcadeNetwork has brought you the solution to this, it offers interoperability Now, gamers can choose from a list of assets and purchase an asset of games from one Game and use it in which ever games they wish to. Till date, There is no direct provision of buying an asset from a game, taking it out and using it in other games by Gamers as of today but games making use of AracdeNetwork bridge achieves it. For purchase of these assets, $ARC tokens can be used other than using other major cryptos and fiat. When a user makes use of $ARC tokens, he gets a flat discount of 10% on in-game purchases.

2. TRUE OWNERSHIP

When gamers purchase an asset from any of the games out there, they don’t really become the true owner.

Unfortunately, this is the current situation of the gaming industry. Further more, publishers impose strict qualifications on what users can do with these items with EULAS (End User License Agreements) that prohibit the exchange or transfer ownership of items or their use outside certain games or platforms. But, ArcadeNetwork has a solution for this too! When gamers now purchase an asset from a game making use of ArcadeNetwork Bridge, or in other words, if they make a purchase from a game listed on ArcadeNetwork, they recieve the asset in the form of NFT in their NFT wallets and hence they become the true owner.

It does not matter if the game still exists or shuts down as the asset does not lose its value with the game as it now exists in the form of NFT with the gamer in his wallet. Arcade Network provides the mechanism of completely decoupling the asset from the game.

3. METAVERSE MONEY MARKET

Metaverse is a public decentralized open platform based on public blockchain technology that encompasses digital assets and identities. With the help of smart agreements and digital identities, Metaverse connects separate stores of value to form aninternet of value. The purchased assets exist outside the game world in the owner’s ArcadeNetwork wallet or simply any other wallet. Additionally, since the assets are nothing but NFTS, this feature allows the owners to sell their assets if they wish to on an NFT marketplace like openSea, Rarible, etc. The owners can also lend it and trade it on ArcadeNetwork’s marketplace or any other NFTmarketplace if they wish.

4. SMALL DEVELOPER FRIENDLY

Game devs can simply make use of different assets from the pool of assets on ArcadeNetwork a part from the common lands they can purchase from ArcadeNetwork Platform. This pool of assets is basically a collection of all the game assets by various Games listed on ArcadeNetwork.

These assets can be loaned/leased or purchased by these individual game devs. Using

the land and the assets, the dev scan create and launch their own metaverses on the fly in no time. This slashes the cost, time and efforts of creating and launching a whole new metaverse by the developers.

5. STANDARDISATION OF GAMING WORLD

ArcadeNetwork makes use of its “Arc Wrapper” for achieving this standardisation and hence compatibility across all metaverses.

Through this partnership, ArcadeNetwork will join the GS ecosystem. GenShards ecosystem partners will be able to collaborate with ArcadeNetwork and gain access to ArcadeNetworks infrastructure. GS ecosystem partners will get entry to exclusive Partner NFT Sale on ArcMarketplace. ArcadeNetwork provides an exclusive opportunity to mint free NFTs using ArcMinter and sell them on ArcMarketplace.

More than 60 high-quality access, ecosystem & network partners have already placed their trust in GS and the network continues to grow ! Keep an eye out for this space for many more preIDO launches, partnerships and feature updates in the pipeline.

“ We are glad to announce our partnership with ArcadeNetwork .ArcadeNetwork is a well-defined, intuitive, and resourceful decentralizing platform that provides an advanced experience in gaming metaverses that our community & partners will find relevant.We are happy to induct Arcade as our ecosystem partner” – Nilotpal Mukherjee, Genesis Shards Co-founder

“ ArcadeNetwork is excited to join Genesis Shards in their journey .ArcadeNetwork will get a chance to interact with the huge Genesis Shards community. Genesis Shards ecosystem will get interoperability in the gaming ecosystem.We are confident that this partnership will go a long way .” — Chinka G., ArcadeNetwork CEO and Founder

About ArcadeNetwork

ArcadeNetwork is the world’s first decentralized platform that provides cross metaverse asset interoperability. It makes use of blockchain technology & NFTs, creating a unified relayer bridge, which enables seamless movement of in-game assets between different games.

Website | Twitter

About Genesis Shards

Genesis Shards is a decentralized ecosystem powered by Polkadot redefining NFTs as DeFi options, creating a permissionless environment of interchain liquidity for pre-IDO tokens. By wrapping time-locked fungible tokens into NFTs, Genesis Shards is creating a new marketplace for previously illiquid tokens.

Website | Twitter

SOURCE

https://genesis-shards.medium.com/genesis-shards-joins-hand-with-worlds-first-decentralized-metaverse-interoperability-platform-4f3276815df4

The post Genesis Shards Partners with ArcadeNetwork appeared first on Smart Liquidity Research.

The ArcadeNetwork and Himo World cooperation are primarily based on their common long-term objective of providing Metaverse Interoperability to players and lowering barriers to access for gamers in the GameFI world. As a result of this collaboration, their alliance will be strengthened, and Himo World’s position in the blockchain network will be enhanced.

Additionally, this partnership will concentrate on technological and marketing advancements with the goal of increasing brand awareness. A range of technology connections will be made, including cross-platform and verse integration. Both sides will market their products through AMAs, live streaming, and events.

About Himo World

Himo World is an NFT game with a Play-to-Earn feature, in which players can engage in battles with others, build their team to their favourite to explore the universe. This game is also providing a true Free-to-Play experience, which a lot of other NFT games in the market is lacking at the moment. Setting up in a distant realm, the player just awoke his summoning power, and realize they now are in the middle of the war between realms, where they fight against each other in a battle of strengths and wits. The product will be available on Web and Mobile.

When they start the match, all they have to do is connect the gems of the same colors, and that action will summon the hero of the corresponding color – and skill will be triggered automatically.

Website | Twitter

About ArcadeNetwork

ArcadeNetwork is the world’s first decentralized platform that provides cross metaverse asset interoperability. It makes use of blockchain technology & NFTs, creating a unified relayer bridge, which enables seamless movement of in-game assets between different games.

Website | Twitter

SOURCE:

MEDIUM

The post ArcadeNetwork Welcomes HimoWorld appeared first on Smart Liquidity Research.