Based in Singapore, Meta 1 (M1) Network is a decentralized real-time cloud rendering platform with a mission to visualize the metaverse. Over 3 billion gamers and developers worldwide are currently struggling to access and enjoy AAA games and high fidelity metaverses.
The hardware necessary to access such experiences is often beyond the regular users budget. Unfortunately, as venture funding continues to drive development of AAA GameFi titles and more detailed and immersive metaverses, chances are that many users will find it difficult and costly to participate in the growth of this Web3 sector.
M1 aims to create a decentralized, real-time rendering infrastructure distributed via the blockchain. Similar to a cloud gaming experience, M1 Network delivers rendering resources, however theirs are provided by mining networks. Players can connect using any device, and gain access to AAA games, or advanced graphically intensive metaverses, without needing their own expensive hardware. Ultimately, M1 aims to unlock gamers' access to all types of digital content experiences and metaverses on any device, anywhere, instantly.
Why now?
The Web3 sector is poised to undergo one of the most important events in its nascent history. Ethereum (ETH), the world's second largest cryptocurrency, is transitioning from a Proof-of-Work to a new Proof-of-Stake consensus, AKA The Merge. Whilst important for the Web3 ecosystem as a whole, M1 is particularly interested in this shift as a large amount of GPU computing resources are being released into the market. M1 has timed their development objectives specifically to capture these valuable resources and rapidly grow its decentralized hardware ecosystem. As it stands, M1 has 21 global nodes up and running, capable of supporting over 3 million monthly active users. This is expected to grow rapidly as more mining networks onboard. M1’s decentralized cloud rendering network allows users access to high-quality digital content on any device, anywhere a data connection is available. Game developers can also use M1’s platform as a launchpad, whereby higher quality games can be developed with no additional concerns regarding minimum hardware specifications and the resulting impacts on player accessibility.
Why join as a miner?
M1’s decentralized, real-time rendering is performed by a network of mining pools that are rewarded with the M1N token. Within the M1 network, miners are incentivized to provide their resources to render experiences for gamers and metaverse citizens. M1 offers a competitive tokenomics remuneration structure distributed via the M1N token. The incentive structure encourages miners to provide stable, long term, high quality services to users. Participants that join the ecosystem early will see an initial boost to their rewards, as well as a potential long term boost to their mining speed.
Why M1?
As a result of M1’s decentralized hardware network, they are able to provide rendering resources and services at significantly less than the average market rate for equivalent centralized solutions. This enables M1 to provide their service globally, including to lower socioeconomic regions where the mass majority of gamers live. By reducing the ecosystem cost and unlocking global access, M1 aims to be the infrastructure supporting the onboarding of the next 1 billion Web3 users.
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