Geopoly has announced the release of a desktop-compatible, blockchain-based alpha version of the game. Players may play this game, enjoy the gameplay, and make money at the same time by interacting with the blockchain and their individual Geopoly non-fungible tokens. Additionally, as payment for their time and effort, NFT holders who are actively playing the desktop game are also eligible to get $GEO tokens every week.
In addition, Geopoly includes freemium and mobile versions that let players play the game on their phones. Then, if they want to do so, gamers may continue playing where they left off on the desktop version by switching to the blockchain version with the same login information.
Since it allows users to rent, buy, upgrade, and actually sell real estate as well as company assets depending on their geography, Geopoly is best understood as an economic simulator. In order to give consumers a gaming experience that is dynamic, engaging, and memorable, Geopoly has been built using a system that depends on both off-chain and on-chain layers.
The “Geopoly Auctions” market will launch in July and allow gamers to sell their NFTs at a price of their choosing while others may bid on them for at least 24 hours. The highest bidder will then receive the NFT. In addition to being able to purchase an NFT from another player or from Geopoly itself, this is a brand-new and exciting opportunity for NFT holders to sell their non-fungible tokens and profit. The Hollywood Sign, Ponte Vecchio, Flame Towers, London Eye, Seul Tower, and Maracana Stadium are just a few of the famous structures up for sale this month.
Additionally, a handful of well-known NFTs, such as the Louvre Museum and even iconic stadiums like the Santiago Bernabeu, Camp Nou, Old Trafford, and Wembley, have already been sold. In addition, NextNav, with whom Geopoly has just collaborated, will supply the technology that Geopoly will eventually integrate into its framework. The 3D geolocation capabilities of NextNav will be included in this, enabling more dynamic virtual experiences connected to users’ real-world environs and utilizing location verification to validate transactions and interactions within the metaverse.
Essentially, 3D geolocation technology is needed to develop the metaverse. In light of this, NextNav’s technology will not only power in-game experiences but also serve as a vital authenticator for location-based activities like exclusive exhibits, NFT scavenger hunts, and transactions involving virtual real estate and land.
Last but not least, one of the key advisers, Sebastian Borget, will collaborate with Geopoly, a proud member of the Blockchain Game Alliance (BGA). The Sandbox (SAND), one of the most well-known P2P metaverse-based games now, is run by Sebastian as its COO.
