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NeoWorld to launch the first-in-history crypto virtual world with multicurrency with NEO, EOS, IOST
- PRESS RELEASE
- May 7, 2019
- 2 min read
Crypto virtual world project based in Singapore, NeoWorld, has recently announced that it is in the process of rolling out virtual islands with multiple blockchains, like NEO, EOS, IOST and Ontology. These islands will use a blockchain’s token as virtual currency and the blockchain firm’s technology as a backbone feature. NeoWorld envisions that 50 to 100 such islands will be created in a year’s time.
NeoWorld project is the first blockchain-powered virtual world. It has over 50,000 residents now from over 50 countries, with average daily active users in the range of thousands, according to the management.
NeoWorld project has a proprietary engine that allows user to design and build cities, together with other virtual residents. Tens of millions of buildings have been constructed over the last one year since it went live in 22 Jun 2018. In addition, as part of the User Generated Content initiative, NeoWorld allows users to design buildings, structures, or mini-games in their private arena on their land, similar to MineCraft.
Blockchain technology and cryptocurrency played an important role in the development of the virtual world, more on the design and economy side. The team explained that by using an Ethereum-based virtual currency token, NeoWorld has formed a market-oriented economy with minimal official efforts since day one. The application of monetary policy tools has protected the virtual economy through its infancy, especially in the fickle crypto market environment. Now the team is actively working with as many leading blockchains as they can to explore further possibilities of the blockchain technology.
Head over to NeoWorld to explore the Virtual World. You can also join the community https://t.me/Neoworldio to mingle with the existing players.
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