AlterVerse, a new game metaverse, announced that after successfully completing the Binance Labs incubation program, it has received funding from Ankr, Baselayer Capital, Polygon Ventures and EnjinStarter. The announcement will soon be followed by the launch of the Sky City pre-alpha.
The Sky City project will launch in four phases, including a sci-fi shooter and a decentralized server platform for players.
About the funding
AlterVerse was one of the first participants in Binance Labs’ incubation program. After completing the program, the company received funding in a private round led by Binance Labs and was joined by several investors. Binance Labs is a venture capital gas pedal and arm of Binance, which was launched to incubate blockchain startups.
The funding was done in $ACE, a new token on the BNB blockchain, and will serve as an in-game currency in AlterVerse. The company decided to use the funds to develop the entire AlterVerse ecosystem and expand the Sky City project. The team also worked with its partner Enjin to integrate Efinity, the first Polkadot parachain dedicated to NFT.
Sky City project announcement
The multi-world project will be launched in four phases – Sky City, Outpost, Rekt, and City Servers.
Sky City: Sky City is the hub of the AlterVerse, where players can buy land, build, shop, gather resources, craft NFTs, sell, trade, and earn money while playing. The project is built using Unreal Engine 5 and will feature stunning graphics, design elements, smooth gameplay and expansive 3D environments. The Alpha launch of the Sky City project is expected to take place in Q4 2022.
Pre-alpha access has been launched following the funding announcement. Players can gain exclusive access to the Sky City pre-alpha by submitting their details to a google form. Those with pre-alpha access will also be able to try the playable demo version of Sky City.
Outpost: Outpost is a sci-fi shooter that includes quests, crafting and mining. Players can pilot powerful XR75 battleships, participate in various contests, customize crew rooms and meet other players.
Rekt: Rekt is a hardcore survival game that will launch in the first quarter of 2023. In Rekt, players must survive and engage in battles with other players. It is similar to the Rust-like game genre.
City Servers: City servers are a decentralized metaverse platform with “metaservers”, which can be owned, customized and operated by players.
Tokenomics of AlterVerse
The native token of AlterVerse is the $ACE, which can be used as in-game currency for player rewards and in-game transactions. The $ACE token will work on the BNB smart chain with land and skin NFTs. The team is also building an NFT marketplace that will be integrated with Polygon, BNB, Efinity and many other channels.
What is Alterverse?
The AlterVerse is a game metaverse containing various experiences, adventures, features, skins, servers and NFT. This decentralized metaverse will be composed of interconnected worlds, games and communities. Players can modify the worlds, create them from scratch and add game mechanics.
All Alterverse games are multiplayer and will offer skins, NFTs, servers and memberships using the Enjin platform. In addition, there will be a monetization system for registered server owners, a copyright and IP management system. integrated marketplace for NFTs, day/night cycles in the world, weather systems, interactive NPCs, integrated audio chat, customizable male and female avatars, and much more.
