The MetaFarm is a virtual world where players can build, own, and monetize their gaming
experiences in the BSC blockchain using $METAFARM, the platform’s utility token.
Our vision is to offer a deeply immersive metaverse in which players will create virtual worlds
and games collaboratively and without central authority. We are aiming to disrupt the existing
game makers like Minecraft and Roblox by providing creators true ownership of their creations
as non-fungible tokens (NFTs) and rewarding their participation with our utility token – $METAFARM.
In the current game market, the centralized ownership and control of user-generated content
limits creator rights and ownership. Central control over the trading of virtual goods created by
players restricts them from generating fair value for their creations. Compounding this, it can
be difficult to prove creative ownership of works, especially as content is copied, altered, and
built upon.
With The MetaFarm, we aim to overcome these limitations while accelerating blockchain
adoption to grow the blockchain gaming market. We will do this by building a voxel gaming
platform where creators are able to craft, play, share, collect, and trade without central control,
enjoying secure copyright ownership with the ability to earn cryptocurrency ($METAFARM). This
copyright ownership will be established and guaranteed through the use of NFTs, where every
in-game item will have a unique and immutable blockchain identifier.
Blockchain Gaming with NFTs
The MetaFarm virtual world uses blockchain technology and NFTs to empower the players and
creators. NFTs are an emerging segment in the global game market: virtual tokens for digital
scarcity, security and authenticity. Each NFT is distinct or unique, it is indivisible and it is not
interchangeable for another.
Through the use of NFTs, MetaFarm users will be able to benefit from:
A. TRUE DIGITAL OWNERSHIP: Gamers are the true and perpetual owners of their digital items,
even if the game was shut down or abandoned. With blockchain, every game item can be
tokenized, allowing gamers to decide how they want to trade, sell, or gift their items.
B. SECURITY AND IMMUTABILITY: Digital game items can be easily tokenized and traded in
primary and secondary markets that are managed and facilitated by blockchain technology.
Items based on scarcity and demand usually invite fraud and theft, but these risks are
minimised on blockchain because it is a distributed ledger.
C. TRADING: Blockchain-based gaming platforms can provide users with ultimate control over
their digital assets. They can buy and sell items freely without concern that they will be
ripped off or that a platform will close and cancel all the value of their in-game items.
D. CROSS-APPLICATION INTEROPERABILITY: Blockchain provides capacity for games to utilize
shared assets. ASSETS, avatars, LANDS and any other game elements can be used in other
games that allow it. These game items are no longer confined by a narrow digital ecosystem.
The MetaFarm metaverse uses several tokens to create a circular economy between all the
profiles of users who will interact with its platform namely the players, creators, curators and
LAND owners. These are the LANDS, ASSETS and METAFARM, a token based on the BEP20 protocol
which will act as the official currency in the ecosystem when purchasing goods and services
within the game marketplace.
What is META and what is it used for?
METAFARM is an essential part of The MetaFarm platform and The MetaFarm are working on
establishing key mechanics that makes it intrinsically tied to The MetaFarm platform and its
value. METAFARM is an BEP-20 utility token built on the BSC blockchain that serves as the basis for
transactions within The MetaFarm, and has the following uses:
● Access The MetaFarm platform: Players spend METAFARM in order to play games, buy equipment,
or customize their Avatar character—and can potentially collect METAFARM through gameplay.
Creators spend METAFARM to acquire ASSETS, LANDS, and through Staking. METAFARM Sales drive
demand for METAFARM to purchase LANDS. Artists spend METAFARM to upload ASSETS to the
Marketplace and buy Gems for defining Rarity and Scarcity.
● Governance: METAFARM is a governance token that allows holders to participate in Governance
decisions of the platform, using a DAO structure. They can exercise voting rights on key
elements such as Foundation grant attributions to content and game creators and feature
prioritisation on the platform Roadmap. METAFARM owners can vote themselves or delegate
voting rights to other players of their choice.
● Staking: METAFARM allows for staking, which allows for passive revenues on LANDS: you get more
METAFARM by staking it. This is also the only way to get valuable Gems and Catalysts, needed for
ASSET creation.
● Fee Capture model: 5% of all transaction volume carried out in METAFARM tokens (Transaction
Fees) shall be allocated with 50% to the Staking Pool as rewards for token holders that Stake
METAFARM tokens and 50% to the ''Foundation.''
● Foundation: The role of the Foundation is to support the ecosystem of The MetaFarm,
offering grants to incentivize high quality content & game production on the platform.
The Metaland Platform
Mission:
The MetaFarm team’s mission is to build a system where creators will be able to craft, play,
share, and trade without central control, enjoying secure copyright ownership with the
ability to earn METAFARM.
The MetaFarm team believes these innovations are important, for while the current market for
voxel-based creation games already has 600,000,000 Creators and 180,000,000 MAUs, it
suffers from four key problems that could hinder future growth if not addressed:
● The centralization of user-generated content in dominant titles such as Minecraft
and Roblox limits creator rights and ownership;
● Central control over the trading of virtual goods created by players restricts players
from generating fair value for their creations, limiting what they can or cannot sell
and/or taking a significant portion of the sales revenue;
● Given the nature of voxel art, it can be difficult to prove creative ownership of works,
especially as content is copied, altered and built upon;
● Existing game marketplaces are based on fiat currencies, which do not support true
microtransactions and are vulnerable to credit card fraud that can unbalance in-game
Economies.
Game Overview
At its core, The MetaFarm is an ecosystem for Players and Creators, consisting of three main
components: a Voxel Editor , a Marketplace, and the Game itself.
The MetaFarm offers a unique way to create, assemble, and share 3D voxel models. We
empower Creators with intuitive, powerful content creation tools. You can make your own 3D
voxel objects, animate them, and publish/sell them in our worldwide marketplace. VoxEdit is
our 3D tool that allows anyone to create or import their own voxel objects, work on them, and
effortlessly export them to the marketplace where users can turn them into limited ERC-1155
tokens called ASSETS. ASSETS are virtual tokens for digital scarcity, security and authenticity.
They are unique/limited as well as distinct and indivisible.
Blockchain allows creators to have true ownership and thanks to this technology we, in our
capacity as developers, can finally reward players for their time and the hard work they put into
content creation, allowing them to monetize and freely trade their ASSETS.
Our ASSET smart contract allows content to become the new platform, creating a new
paradigm. This is because they offer multiple uses and are not confined to a single game. This
"second-layer programmability" gives any developer the power to bring a lasting and evergrowing value to the ASSETS, which can be shared cross-games, cross-platforms and crosschains.
The Marketplace is the trading environment for ASSETS, where they can be given away for free
or sold to other PLAYERS.
The Game is the overall game system where playable experiences can be enjoyed and shared.
In the Game, not only can creators profit from their creations, players can play-to-earn by
collecting resources, rewards, and tokens.
Website:
https://metafarmdao.com/Twitter:
https://twitter.com/MetaFarmDAOTelegram:
https://t.me/MetaFarmDAO