Web financing

Why is this Metaverse casino poised to be the next big thing in Web 3.0?

    • Metaverse has a large interactive platform, but also has some technological limitations.
    • Planet Maya builds P2E experiences and claims to solve limitations.
    • This casino metaverse is suitable for gaming and sports enthusiasts.

The concept of the Metaverse may still sound like it’s straight out of science fiction, but the exciting new era of the world of technology is now officially a reality.

As a reminder, the metaverse is an interconnected virtual space that merges virtual versions of elements from the physical world and the physically persistent virtual world. In the alternate digital reality, people can play, work, socialize, and even create an entirely new economic system.

The possibilities offered by the metaverse are endless: users can go on a date, travel to another country, play video games, and even make new friends by attending a party. The dawn of new technology has created an abundance of unforeseen opportunities in an array of different industries that benefit from the increased security and transparency of blockchain.

But despite the takeoff of metaverse technology, there are still limitations to the technology, including storage capacity, the inability to create a fully immersive experience, and physical limitations like bulky VR headsets.

Newcomer to Web 3.0, Planet Maya powered by Champion Games, plans to change these limitations with its state-of-the-art platform that features the world’s first collaborative open-source virtual reality casino.

Through its economy and community of game developers, bettors and gamers, Planet Maya’s platform aims to change the perception of skill-based online gaming. It’s by creating global play-to-win experiences that converge sports, technology and entertainment.

The company aims to not only fix the common issues discussed above, but also bring betting back to what it used to be, a fun peer-to-peer interaction. He longs for a world where players play for the love of the sport and are not exploited by finance.

“Ultimately, we strive to foster a healthy yet competitive environment for those who love sports and games and put financial power back in the hands of gamers by creating an economy where gamers and platforms are equal,” the company states in its white paper.

Money-making digital games are already an incredibly profitable industry. But, by merging metaverse technology with skill-based gaming, metaverse casinos hold the keys to bringing more regulation and transparency to the world of online betting.

So how exactly does it work? The platform’s sustainable software ecosystem is built on smart contract technology that controls both incoming revenue from customers and rewards allocated to makers and miners.

Its token mechanism helps developers tap into this new revenue stream by generating the smart contracts needed for a new game. These smart contracts can then be deployed on a public blockchain and upgraded with new logic to reflect the latest odds. through the odds creation mechanism.

In a nutshell, users spend tokens ($MAYA) in their wallet to access and bet on a game. A smart contract, acting as the billing agent for the game, allocates a portion of these tokens to the creators of the open source code or services provided.

Users who spend tokens gain access to betting on a game. A smart contract, acting as the billing agent for the game, allocates a portion of those tokens (rake) to the creators of the open source code or services provided.

How can this help empower the end user? When every user is a paying customer, the relationship between the user and the team behind the game is leveled. Users can now bet on a game using crypto knowing that the teams behind the scenes will be incentivized to maintain that revenue by providing new features, upgrades, and player support. To learn more about Planet Maya’s exciting new platform, check out its website today.