The proposed Metaverse token is intended to serve as the primary currency within Darewise’s flagship game, ‘Life Beyond.’
Highlights
Darewise Entertainment and Horizen Labs Forge Path with Bitcoin Metaverse Token for Web3 Gaming
In a groundbreaking move, Darewise Entertainment, an online gaming platform, and Horizen Labs, a blockchain startup, have joined forces to introduce the world’s first Bitcoin-based Metaverse token. This partnership signifies a crucial step in Bitcoin’s evolution beyond its conventional role as a store of value, aiming to challenge Ethereum’s dominance in the rapidly expanding web3 and gaming sectors.
The Metaverse Token: A Game-Changer
Exciting news! 🎉Our subsidiary, and the visionary force behind @LifeBeyond, Darewise Entertainment has just revealed its strategic engagement with @HorizenLabs to launch the first metaverse ecosystem token on #Bitcoin.
Full details: https://t.co/UUaaAIBw7l pic.twitter.com/woDifkUwkd— Animoca Brands (@animocabrands) September 14, 2023
Darewise Entertainment’s CEO, Benjamin Charbit, recognizes the immense potential for Bitcoin to transcend its original purpose as a peer-to-peer digital currency. Their ambitious project introduces the Metaverse token, slated to become the primary currency within Darewise’s flagship game, ‘Life Beyond.’ This token will enable a multitude of in-game transactions, including asset exchanges and virtual land purchases, opening up a world of possibilities for gamers and investors alike.
Pivotal Moment for Bitcoin and Gaming
Yat Siu, co-founder and executive chairman of Animoca Brands, describes this venture as a pivotal moment for Bitcoin. Siu believes that high-quality gaming experiences will play a pivotal role in driving mass adoption of the cryptocurrency. However, questions linger about whether Bitcoin’s existing infrastructure can support the intricate demands of multifaceted in-game transactions.
Horizen Labs: Guiding the Way
To address these technical challenges, Horizen Labs, renowned for its expertise in zero-knowledge cryptography, will provide essential technical guidance and consultation services for this ambitious project. CEO Robert Viglione expresses his excitement about the collaboration, citing the company’s extensive experience with Bitcoin. Nevertheless, Darewise Entertainment, Horizen Labs, and Animoca Brands face a daunting task – demonstrating the viability of a Bitcoin-based gaming ecosystem in the ever-evolving digital landscape.
Testing Bitcoin’s Potential
Vincent Marty, Chief Product Officer at Darewise Entertainment, affirms their unwavering commitment to exploring Bitcoin’s potential in this fast-changing world. He hints at forthcoming technological advancements that could not only revolutionize ‘Life Beyond’ but also impact Metaverse and gaming experiences worldwide. This partnership represents a significant stride toward expanding Bitcoin’s role within the burgeoning Metaverse and gaming industries.
Conclusion
The collaboration between Darewise Entertainment and Horizen Labs to launch the Bitcoin Metaverse token heralds an exciting new era for both cryptocurrency and gaming enthusiasts. With Bitcoin poised to take on a more prominent role in the web3 landscape, this initiative aims to push the boundaries of what is possible in the virtual world. As the project unfolds, it will undoubtedly capture the attention of those eager to see how Bitcoin can shape the future of gaming and the Metaverse. Stay tuned for updates on this innovative venture that could revolutionize the way we play, invest, and interact in the digital realm.
