Introduction
Aiming to create the biggest virtual economy, Exitializ, a decentralized autonomous organization (DAO), enables and promotes the investment of non-fungible tokens (NFTs). NFTs are commonly used in virtual realities and blockchain-based games. For maximum utility, the organization optimizes its community-owned assets, in order to efficiently share its profits with its token holders.
Combining the best non-fungible tokens, while operating a decentralized finance space, which is more commonly known as DeFi space, Exitializ brings forth yield farming to gaming communities. By developing the economy of the game and its content, Exitializ can add value to virtual worlds.
Established in 2008, Exitializ was just a competitive guild operating across different massive multiplayer online role-playing games (MMORPGs), such as CABAL, Guild Wars 2, and Dragon Nest. Today, this multi-channel guild turned gaming platform aims to introduce players to “play-to-earn” ecosystems. The Exitializ platform serves as a one-stop shop for users, gamers, and influencers. Those who desire to earn cash online, by playing their favorite games, can join the Exitializ community.
The people behind Exitializ believe that virtual economies can surpass the value of real-world money over time. They aim to create value in virtual realities for their guild members and those aspiring to pursue the goals of the organization. Now, Exitializ is inviting artists, content creators, and competitive gamers to join their cause and populate the metaverse.
The State of the Market
According to NASDAQ, a world-renowned American stock exchange, the monthly volume of decentralized markets has increased from $39.5 million in Q1 2019 to $45.2 billion in Q1 2021. In January 2021, Ethereum reached all-time highs. Layer-1 protocols, such as Elrond and Polkadot, have also experienced a boost in their prices.
These are all brought forth by the so-called DeFi boom caused by the increase in the number of decentralized finance projects and the increasing value of the major cryptocurrencies, namely Bitcoin and Ethereum.
Mark Cuban said that decentralized financed is an industry that has the potential to grow, exponentially, in the next couple of years. Mark Cuban is a media proprietor and American entrepreneur with a net worth of $1.3 billion, as surveyed by Forbes.
Exitializ is at the crossroads of three markets, including the DeFi space and the NFT industry. Each of these markets has extreme growth potential.
In January 2021, NFT sales reached $2 billion. NFT artists and NBA Top Shots promoted the significance of non-fungible tokens and made them mainstream.
Decentralized tokens, including NFTs, topped $50 billion in total value.
By Q3 2021, there are hundreds of millions of crypto wallet users.
In 2020, the global gaming market is valued at approximately $170 billion.
The sudden rise of crypto games, such as The Sandbox, Axie Infinity, and other blockchain-based games, has made the price of bitcoin skyrocket.
The Activities of Exitializ
The goal of this upcoming play-to-earn gaming platform is to maximize the value of non-fungible tokens that are used in virtual realities and block-chain-based games. Smart contracts, similar to those used in bitcoin transactions, automate the protocol of the network.
The DAO that is based on voting and governance proposals facilitates the smart contracts and the decision-making for the treasury and platform. The activities involved are as follows:
Exitializ is building an international community comprised of play-to-earn online gamers, aiming to collect and amass in-game rewards. For example, Axie infinity players earn NFT tokens from winning Arena Battles.
The organization is also producing revenue through the sale or rental of Exitializ owned assets. Renting Axies and reselling the property in The Sandbox are some examples.
The members are encouraged to participate in the DAO through votation and proposals.
The pioneers of Exitializ are constantly researching and coordinating development for gamers in the network. The purpose of this is to arbitrage yield generation. This is why members need to be competitive in metaverse online games.
Last updated
Was this helpful?