Decentralized network releases Minecraft clone metaverse on SXP Blockchain

Published at: May 11, 2022

By definition, a metaverse is a network containing a series of two and three-dimensional virtual worlds where users can interact and develop powerful social connections as a part of a larger community. While many look to current Web2 platforms like Twitter, Instagram and Facebook as fulfilling the need for community, the reality is that their foundations rely on centralization and a leader. Therefore, despite their best efforts, these communities will never provide the foundation that a group of like-minded people needs to achieve their goals, at least without some friction.

Blockchain technology and effectively decentralized autonomous organizations (DAOs) become a crucial foundation to allow communities with the power and autonomy to guide direction, allocate resources and influence real change. At present, centralized authorities often prove to be limiting, adding to the level of inefficiency communities experience in pursuit of their overarching mission. 

Solar has emerged as a community-driven blockchain project to create an ecosystem with true governance. Their blockchain ultimately offers a wide variety of features and tools to support enterprise-grade applications as they become part of a more extensive ecosystem. As a result, Solar operates with a community-focused mission, in which they invite users to participate in their governance system or contribute to their platform, whether as a voter, delegate or metaverse participant.

The team has since released a “blockcraft” implementation similar to Minecraft for users to engage in what will soon be an extensive metaverse. The first alpha release is set for the Easter egg hunt for research as a first step in determining if there is any interest from the community. Based on the event's initial success, the Solar project aims to continue its progress towards building a metaverse with the creation of the Minecraft-based game for desktop and mobile, known as District 53.

A district where community leads

Taking a closer look at District 53, users will find that several successful elements from existing metaverse projects, including Decentraland and Sandbox, are incorporated, including the ability to purchase land through an auction format. Under this format, purchases are designed so that 90% of the initial transaction cost will be burned, leaving 10% to be distributed to the developers of District 53.

The land will be handed over to the user’s wallet address as a nonfungible token (NFT) when purchased. As an NFT, users will be able to enter the District 53 game with this same wallet address, enabling them to build and modify these assets. This land will remain in the total control of the holder until they decide it is time to sell. Sales will then occur on the Solar NFT marketplace, where the seller will retain 100% of the proceeds.

However, in-game land isn’t the only rewarding activity for users. With entertainment in mind, users will be given a chance to participate in many in-game transactions which incorporate mini-games as an SXP earning opportunity. 

More insights from Solar Network here

District 53 is also designed with the business in mind, enabling developers, companies, businesses and brands opportunities where they can advertise their offerings and other products in the main square. Coincidentally, this is the same place where users can spawn.

Completing the DAO transition

At present, Solar’s community currently includes 35,000 like-minded individuals who have supported the project’s progress towards fulfilling the items on its roadmap. Effectively, the Solar team has remained on track to positioning its project similar to EOS, Solana (SOL) and Ethereum (ETH).

To continue driving community involvement forward, Solar has solidified plans to auction off all the land and advertising spots, an action that will start with the least valuable plot until the land is sold. While land selling features are set to be released in the near term, the final version of the metaverse will not be released until the end of the year.

Learn more about Solar Network

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

Tags
Related Posts
New industry, new rules: Building the Metaverse without bias
While the COVID-19 pandemic decimated certain industries like tourism and retail, other entirely new industries have emerged. Two years ago, the concept of a “metaverse” was virtually unknown. Today, the term is trending everywhere online, with new companies and funds entering the space every week — billions of dollars have already been poured into this industry. Just last week, Mark Zuckerberg announced that Facebook will become a metaverse company. Meanwhile, few “metaverse” companies have any real scale or customers, which makes it easy for onlookers to dismiss it as a trend that may flame out. We would caution against that. …
Adoption / Sept. 4, 2021
KuCoin Labs Launches $100 Million Venture Capital Fund To Empower Early-Stage Metaverse Projects
KuCoin Labs, the company behind the world's sixth-largest cryptocurrency exchange by trading volume with more than 500 crypto assets listed, announced on Wednesday that it would be launching a $100 million metaverse fund for early-stage projects. The money is also available for entities that develop blockchain-based games, nonfungible tokens, and decentralized applications. In addition, Kucoin will also provide business incubation services, branding, incentives, and business partnerships for developers selected into the fund. Johnny Lyu, CEO of Kucoin, said the following in a prepared statement obtained by Cointelegraph: "KuCoin Metaverse Fund will be launched to accelerate the evolution of the Internet …
Adoption / Nov. 17, 2021
What are the top metaverse projects besides The Sandbox and Decentraland? | Watch The Market Report live
This week on “The Market Report,” we jump right into our main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth, Sam Bourgi and Ornella Hernández as they debate each other on the top metaverse projects on the market. First up, we’ve got Bourgi’s pick of Wilder World, which allows you to interact with its immersive 3D world via nonfungible tokens (NFTs) and is also based on the massively popular Unreal Engine 5. Following Bourgi, we have The Market Report first-timer Hernández, who has decided to go with Boson Portal, which aims to revolutionize metaverse commerce. Will its high-profile partners such …
Decentralization / Feb. 15, 2022
Meta files 8 digital asset and Web 3.0 trademark applications
Meta, formerly Facebook, has filed eight trademark applications with the United States Patent and Trademark Office, or USPTO, relating to blockchain technology and its proposed metaverse. The applications and their fields of interest are as follows, organized by serial number: 97320155: Online social networking and dating services, including a specific branch tailored for networking between cryptocurrency investors. 97320153: Design and development of computer hardware and software relating to Web 3.0, including gaming, e-commerce, blockchain transactions, etc. 97320149: Entertainment and electronic publishing services, partly within virtual reality. 97320147: Telecommunication services for electronic assets held on its platform. 97320146: Financial transaction processing …
Adoption / March 23, 2022
New ‘party-to-earn’ model vows to take electronic music industry to the next level
Crypto enthusiasts love to party — And now, a new project has been launched that caters exclusively to clubbers. Klubcoin is championing a new concept called “party-to-earn,” meaning members of its community can gain VIP access to “insane” experiences. The project says it has already attracted support from some of the world’s biggest clubs, festivals and electronic music brands, such as Amnesia Ibiza, Festicket, Clubbing TV, Bootshaus, Caprices Festival and DJ Mag. A crucial goal for Klubcoin is to deliver experiences “money can’t buy” that are curated specially for users. Exclusive events are going to be held in real life …
Music / Sept. 29, 2022