Since the dawn of humanities, people have been coming to a specific destination to trade goods. Now, thanks to blockchain technology, the marketplace has been supercharged to include a wider range of goods, including data, bandwidth, talent, collective wisdom, …
Today, I will dive deeper into the NFT marketplace and share some sneak peeks of our upcoming marketplace.
The marketplace
A market is a place where people congregate on a daily basis to buy and sell food, cattle, and other items. Marketplaces can be found both outside and indoors, as well as online.
Thanks to blockchain, new innovations such as tokens and NFT appear, and people rely on the marketplace to trade them. For example, Opensea is the biggest marketplace for NFT on the Ethereum blockchain, with over 1 billion dollars worth of assets flowing through the platform every day. The volume and value of NFT traded have been rising astoundingly over the course of 2021, and we are just beginning to scratch the surface of NFT.
Many gaming projects also require a marketplace so that players can trade their characters, items, or collectibles at ease. Without one, players will be stuck with a single NFT for the entire gameplay, which quickly leads to boredom and deprives them of financial gains from trading NFT in addition to in-game rewards. This is also a reason why many projects, before being fully released to the public, create a marketplace to trade in-game items first, as in the case of Star Atlas.
Widi Land’s Marketplace
Seeing the importance of marketplace in a blockchain game, we have decided to release our proprietary marketplace in December 2021 to facilitate the buying and selling of Characters and Land before the official game in Q1/2022.
Our marketplace will have many features such as:
Monetizing game assets
Pricing, Buying, or Selling NFT Assets
Renting or Leasing NFT Assets
Bidding, Auctioning NFT Assets
Searching and Filtering Items
Limiting orders
Therefore, this is an opportunity for you to stock up on talented farmers and land to prepare for the game release. In the future, the marketplace will also be where you trade in-game items and ingredients with your fellow farmers in order to finish quests or orders.
Furthermore, in the marketplace, you can purchase Treasures which will contain random NFT characters and land, from common to legendary ones. More information on this will be announced after our IDO.
Final thought
The Marketplace will be a major cornerstone for our team as we move a bit closer to the official game release. Hope you are as excited as we!
When this game will start?
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