The metaverse and GameFi are the hottest kids on the block – and everyone is doing everything to please them. Halo Network is no exception; the blockchain has plans to become the mainstay of the metaverse, relying on some major technological advancement as well as good ol’ collaborations.
Support For The Metaverse
Web 2.0 has come a long way from the dot-com boom, so everyone expects an evolution of some sort. Well, that is happening with the introduction of Web3 alias the Metaverse. This upgrade will see more people operate in a digital ecosystem, leveraging the interconnectivity of the virtual environment. With Covid-19 not relenting thanks to the rise of more variants, people are stuck to the metaverse.
Blockchains are meant to be vehicles for the operation of the metaverse. Yet, many of these networks are still playing catchup when they should be leading the charge.
Halo Network started its support for the metaverse with a DeFi infrastructure that’s unrivaled in this space. However, the blockchain isn’t leaving it there; collaborations with metaverse-oriented projects have seen Halo Network’s metaverse stock rise significantly.
How Halo Network Is Becoming A Metaverse And GamFi Playground
To foster the growth of web3, the blockchain has provided the enabling environment for certain metaverse-focused dapps to thrive. Halo Bridge, one of the ecosystems on Halo Network, provides cross-chain services between the blockchain and other networks. This will be a big deal in a metaverse that’s expected to break the barrier of communication across multiple chains.
Beyond the cross-chain connection, Halo Network has collaborated with certain projects in the GameFi/Web3 niche to bring some spark to the largely DeFi-centric blockchain. NebuDAO is one of the first dapps to leverage this collaboration, providing users of the blockchain with the many perks of the GameFi.
NebuDAO has recently launched its blockchain game, Cosmic. The game is being built on HALO Network, which will increase engagement on the blockchain. Cosmic didn’t just happen, the blockchain game is made possible through the collaborations of HALO Network with some exciting projects in the metaverse space. Besides NebuDAO, the blockchain teamed up with others like Zeed to make Cosmic a reality.
The Launch Of Cosmic
NebuDAO’s Cosmic is nearly ready for players, but how would this work? According to the devs at NebuDAO, Cosmic will be relying on the DAO for the asset decentralization it brings to the table. Players and enthusiasts can keep track of the NFTs and other digital assets that make the Cosmic universe whole. That should be good for the transparency of the game. It will also ensure creatives aren’t short-changed in a space that’s largely unmanned.
The launch of Cosmic on HALO Network might have taken critics by surprise, but it’s certainly good for GameFi. With the virtual game dabbling into unknown territory though with experienced hands manning the ship, Cosmic will be a litmus test for the capacity of the blockchain to keep up with the demand of Web3.
Can HALO Network Handle The Crowd?
Having Cosmic kick-off on HALO Network will push the blockchain to its limits. Yet, we believe the network can handle whatever the game throws its way. HALO Network has come a long way from its humble beginnings when only a handful of nodes kept the chain running. Lots of upgrades on the blockchain have seen it deliver efficient ecosystems without frequent outages.
Once Cosmic goes live on HALO Network, the chain will witness a lot of new users looking to indulge in the play-to-earn game. Of course, this will also increase demand for HO tokens as players will need the native token of the blockchain to get access to certain in-game items.
What The Future Holds For The Metaverse on HALO Network
A lot is riding on the success of Cosmic. The GameFi project might be a dapp on HALO Network, but it will be the first P2E game on this blockchain. If Cosmic meets the high expectations of gamers, then HALO Network and NebuDAO have achieved what has eluded many in the crypto space. And if Cosmic fails to impress, then it’s back to the drawing board for all parties involved.
Once Cosmic delivers the magical game that gamers seek, that will open up a world of opportunities to HALO Network. The metaverse will become the blockchain for the picking. This is something those at HALO Labs and NebuDAO are fully conscious of. So all hands are firmly on deck to ensure Cosmic succeeds. The game is launching soon; it won’t be so long for bystanders to pass their judgment on the success or otherwise of Cosmic.
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