A new GameFi Token has been created to bridge the Metaverse Future Blockchain has become more than just a backbone of cryptocurrency. This technology is disrupting many industries like the online video game industry.

Gamers were dependent on traditional corporate structures for nearly 50 years. They only used games to relax and have been playing them for entertainment. Blockchain has changed this narrative. GameFi offers gamers the opportunity to earn cryptocurrency while playing their favorite games, thanks to blockchain concepts like Play-to-Earn and NFTs. For clarity, the term GameFi was derived from the words “game” and “finance.” It uses the P2E model and combines blockchain, NFTs, cryptocurrency, and game mechanics to create a platform that allows players to earn in the process of gaming. This is just the beginning. Interest in the Metaverse has increased due to the huge increase in play-to earn blockchain games and nonfungible tokens(NFTs). This term describes a virtual world in which people can socialize and work with avatars. It is interesting to note that the GameFi market continues its growth, which means more projects are being created, creating more earning opportunities through a mix of blockchain gaming, NFTs and Metaverse. MetaBlaze is an example of such a project.

MetaBlaze is an open-source, decentralized metaverse ecosystem. It is building a network of utility services to maximize users’ metaverse investments. This platform integrates several emerging trends in the digital asset industry such as NFTs, metaverse and role-playing game (RPGs). All these utilities are designed to provide continuous funding to the platform’s economy, optimizing MetaBlaze’s sustainable scalability and providing maximum benefit to users. The platform’s goal is to provide a virtual environment in which users can interact with avatars from all over the globe and take control of the metaverse. The platform’s long-term objective is to create an immersive play-to-earn RPG made up of virtual worlds based on mystical NFT characters, including Orcs, Goblins, Elves, and more. The game will be played in a 3D virtual environment with high-quality graphics. Players can trade, rent land parcels, and collect taxes to generate income. MetaBlaze plans to capitalize on the rapid growth of virtual realty in recent years to make property ownership part of its GameFi strategy. MetaBlaze players have the option to not only own virtual lands, but also the ability to purchase NFT creatures. These NFTs can be considered unique art pieces and are intended to reflect a high level of rarity and quality.

MetaBlaze promises that it will provide users with a variety of utility features that add value to their experience and help them increase their earnings. These features include: MetaRoyal NFTs, which are non-fungible tokens made by hand, will be available to the early supporters. These NFTs are hand-sculpted and hand-painted before being digitized. There will be only 200 MetaRoyal NFTs available on the platform. These NFTs will be minted on OpenSea, the world’s largest NFT marketplace. MetaRoyal is a membership-only club that gives MetaRoyal NFT owners access to a passive income system. MetaBlaze’s secondary resales will bring users royalties for simply holding the NFTs. MetaRoyal holders can receive 10% royalty payments from OpenSea. This gives holders the opportunity to earn. MetaBlaze aims for growth with its decentralized app (dApp), dubbed BLAZEdApp. BLAZEdApp allows users to see how much passive income they’ve earned by holding MBLZ tokens within their wallets. The dApp allows users to keep track of their NFT animals, track their level in the game and track their progress with rewards. This is a reward mechanism MetaBlaze uses in order to compensate its native token holders. These tokens can be used to earn rewards. The number of tokens held determines the rewards that can be accumulated. The rewards are usually paid in BUSD. However, users can choose to redeem other BSC-native tokens for their rewards. This personal NFT collection allows NFT owners to keep track their assets. Users can accumulate the MetaBlaze-native magical creatures and they will automatically appear in BLAZEVAULT. The vault helps users to keep track of their creatures’ traits and points to enable them to win the ultimate prize, dubbed the MOB BOSS. The prize can then be used to redeem an exclusive NFT on OpenSea or a $4,000 BNB award. MetaBlaze plans to also launch its metaverse-focused Blockchain network, called the BLAZECHAIN.

MBLZ is the MetaBlaze native BEP-20 utility token. It is a DeFi/GameFi token that was built on the Binance Smart Chain network (BSC). The MetaBlaze team designed the tokenomics so that there is a total supply (420 billion) of MBLZ. It is based on NFTs, and was designed for the metaverse. MBLZ is a deflationary token, and MetaBlaze has plans of reducing a portion of the token’s circulating supply overtime via the burning mechanism. MetaBlaze currently holds its pre-sale event. Pre-sale buyers will be eligible to receive a 10% MBLZ token discount and the chance to obtain the limited edition MetaRoyal NFT. The first phase of the token presale is currently live, with over $1.1 million raised out of the project’s $1.5 million goal.

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