Wilder World Fundamental Analysis

We all have heard and studied about the 14th century Renaissance of Europe which entailed a social, political, and intellectual rebirth of the whole continent following a period of darkness and illiteracy. Similarly, the 21st century has unleashed what is being called the “Cyber Renaissance.” This is evident by the advent of cutting-edge technology, ushering in a new era of discoveries and innovations. One such innovation is Wilder World. It is a gaming metaverse with its creators calling it a powerhouse of talent and creativity that empowers gamers and content creators who use this platform. A more detailed account of what exactly Wilder World is can be given as;

What is Wilder World:

As mentioned before, Wilder World is a multifaceted and multi-layered NFT Marketplace, also called a metaverse. Metaverse is a terminology used often by sci-fi enthusiasts. It is a fictional universe where characters, avatars, in-game items, and other goods can be bought or sold using cryptocurrency. In this case, the currency is termed “token”. Tokens are an integral part of the Wilder World metaverse. Specifically, Non-Fungible Tokens or NFTs. They are unique, digital assets that are irreplaceable, worth millions of dollars, and can be stored using blockchain technology. As such, NFTs have the potential to revolutionize the metaverse gaming landscape. Frank Wilder, the ideology behind Wilder World and its founding member, has aimed to simplify the experience of interacting with digital assets such as NFTs. To achieve this purpose, Wilder World has developed a Decentralized Liquid NFT Marketplace for all sorts of transactional activities to be used by artists associated with this platform. Through its multiple layers, it allows the user to interact with many different applications. With its Augmented reality and Virtual reality (AR/VR) platforms, Wilder World transforms crypto tokens into liquid assets.

Wilder World Components:

It has a wide range of features to make the experience more immersive and engaging. A wide range of components is associated with the platform. Some of them are;

•Liquid NFT Market: 

One of the main problems of using NFTs is that the one who can pay the most gets to have the best content. Hence, it is available only to a select few. Or at least it was until Wilder World introduced the concept of a decentralized liquid market which along with pumping money into the platform, also makes it available to a much larger audience. The more people use it, more will be the profit.

•Artists Guild: 

The artists guild is a kind of community or an in-built network within the Wilder World platform where users from all over the world can interact, share ideas, buy and sell different in-game items and even chat or video call with one another. The latest information and news regarding crypto can also be exchanged among players through the in-built Wilder messaging app. Another additional benefit is that no charges are liable for creating a profile on the Wilder platform.

•Mint Factory: 

Like the guild, the Wilder mint factory is also a collaborative and interactive space for 3D artists from all over the world. It enables artists to create, mint, and drop NFTs. Since the community is so expensive, artists can utilize the online presence of a celebrity to enhance visibility and reach a greater audience to engage with to sell their products. Of course, the artist would be required to pay royalties to the celebrity in question. Players can also create different avatars using the mint factory then use these characters to play in-built altered reality games in the Wilder World metaverse.

Wilder World Features:

•Community-owned:

As with all AR/VR platforms, Wilder World is also a Decentralized Autonomous Organisation (DAO) which means the artist owns whatever value he or she creates for the DAO. That is to say, all profits go directly to the artist. No third party is involved in the process. Along the same lines, no fee is charged by this platform from the artist. This means no middleman can take a cut of the artist’s profit. All of it belongs solely to whoever earned it.

•Liquid NFT Exchange app: 

We briefly touched upon the concept of liquid NFT markets earlier. This app is a complete crypto exchange that enables the player to buy and sell NFTs earned by them or to liquidate these digital assets. This app makes it easy to trade NFTs and is the only app of its kind on this or any other platform.

•Profile: 

Players can create their profiles on the platform, similar to other social media applications which makes it possible for players to interact with one another more easily.

•Community Access:

Allows players to access and browse other players' profiles along with those of patrons and other community members.

•Chat Channels:

Similar to Facebook Messenger or iMessage, Wilder World has an inbuilt chat and messaging app allowing for quicker communication among members.

•Task Boards:

Players can assign tasks to different members of the community and upon their completion, rewards can be given in the form of crypto.

•Maps:

It allows the players to connect with nearby communities located in their immediate vicinity to collaborate on different missions.

WILD Tokenomics:

Wilder takes pride in the fact that it is designed by the artist and for the artist, keeping their benefit in mind. That is, by giving them full ownership through tokens. Two kinds of tokens are used on the Wilder platform; $WILD tokens and $LOOT tokens.

$WILD tokens are the official governance Token of the Wilder world metaverse and are owned by the community, not just by a niche. $WILD tokens also control the reserves of the other $LOOT tokens and drive the growth and proliferation of this platform.

$LOOT tokens are utility tokens. All sales and purchases on the platform utilize $LOOT tokens. The number of users on the platform is directly proportional to the number of users. As they increase, so will the $LOOT token reserves. If we talk about the $WILD and $LOOT token distribution and breakdown, the largest share of 22.5% is reserved for team incentives while the second-biggest share of 21% is for private and public selling of these tokens. 20% are set aside for the Decentralized Autonomous Organisation (DAO) reserve, 15% for community building, 12.5% for partnerships, and a further 9% for artist incentives.

$WILD and $LOOT tokens are both listed on every major and worth mentioning crypto exchange. However, they still cannot be bought directly using real or “fiat" money. To purchase these tokens, the user would have to first buy a larger cryptocurrency such as Bitcoin (BTC) or Ethereum (ETH). After purchasing them, the user must make a deposit using either BTC or ETH to the exchange using a popular platform called Binance. After receiving confirmation of this deposit, the user may buy WILD or LOOT tokens from the exchange.

Conclusion:

With its numerous exciting features and decentralized marketplace, Wilder World is an exciting new opportunity for people connected to the gaming industry along with those who develop video games and also those who play them. It may very well be the platform that elevates the NFT gaming experience for the forthcoming generations of gamers.