Unlock New Opportunities with
Geopoly's Move to Web3
The Gaming Industry Today
The gaming industry is currently experiencing rapid growth and innovation. With the rise of mobile gaming, the industry has become more accessible to a wider audience, and the increasing popularity of eSports has led to a surge in investment and sponsorship deals.
The global gaming market is estimated to exceed a staggering $320 billion by 2026 with the number of gamers in the world is expected to reach 2 billion.
The way people play games is changing. Games can now be played on different devices like phones or computers, and new technology like streaming and virtual reality is making it easier for more people to play high-quality games. This means the gaming market is growing and becoming more accessible to everyone.
Geopoly is a geolocation economic simulator that allows players from all over the world to play the role of a real estate investor. Our team has developed a blockchain-integrated game that allows you to rent, buy, sell, and develop virtual real estate on a decentralized platform. The game is built on the Polygon blockchain, which ensures that all transactions and ownership records are secure and transparent.
Empowering our Players through Web3
Geopoly’s transition to Web3 brings a number of benefits to players. One of the key advantages is the increased ownership and control that you will have over your in-game assets. In Web2, these assets are typically owned by the game developers, and you as a player, have limited options for managing or monetizing them. In Web3, however, these assets are recorded on a blockchain, which allows you to have full ownership and control over them. This means that you can trade, sell, or even lend your assets to other players, creating a new level of engagement and player-to-player interaction.
Another advantage of Geopoly’s move to Web3 is the ability for you to monetize your gaming efforts. In Web2, players typically earn in-game currency or other rewards that can only be used within the game. In Web3, however, you can earn cryptocurrency that can be exchanged for real-world money. This creates a new level of your earning potential and allows you to make a real-world income from your gaming efforts.
In addition to these benefits, Geopoly’s move to Web3 also brings the added value of GameFi to players. GameFi is a decentralized community that connects gamers, game developers, and other stakeholders in the gaming industry. It allows for seamless integration of blockchain technology into existing games, and enables you to earn cryptocurrency through gaming.
Our Web3 Game Mechanics
Launched first off-chain, as a freemium model on Android and IOS, Geopoly has now evolved into an on-chain Web3 game. With our native cryptocurrency GEO$, you can buy and sell virtual real estate (businesses and properties) and also easily invest in and trade digital real estate to expand your virtual portfolio and ultimately become a virtual real estate tycoon.
Unlock the full potential of your virtual real estate empire with our game! With two exciting ways to develop your portfolio, the choice is yours.
Option 1: Take on a renting contract and make your mark by upgrading and building on your assigned property. But be careful, if you don’t keep it in tip-top shape, it could be gone for good. Earn geo cash as you play.
Option 2: Become the ultimate property tycoon with a Geopoly NFT. As the actual owner of your virtual property, you’ll never have to worry about losing it. And, as we continue to develop the game, you’ll have the opportunity to apply permanent upgrades to your NFT property. Not only that, but you can also earn GEO$ as you play and even monetize your on-chain virtual properties. The possibilities are endless!
We also have a marketplace where you can buy and sell virtual assets such as businesses and properties. This allows for not only a true player-driven economy, where the value of virtual assets is determined by the players themselves, but also a sustainable cycle where players can trade digital assets for real-world fiat currencies for practical use.
Web2 meets Web3
We’re excited to announce that we’re working on merging the off-chain and on-chain layers to bring you an even bigger and better gaming experience. Get ready to explore new worlds, collect digital assets, and compete against other players from all over the globe.
To facilitate this merge, we’re introducing an in-game custodial wallet powered by Venly API. This easy-to-use blockchain wallet API will allow Geopoly players to access all their digital assets, including tokens and NFTs, right on their phones. And the best part? You don’t need a Metamask or any crypto wallet to use it. This means that even if you don’t have any crypto experience, you can still enjoy all the Web3 aspects of our game!
Our in-game custodial wallet will be compliant with Play Store and App Store policies, making it easy for potential players to find and download our game. And with fewer barriers to entry, we can reach an even wider audience, giving more gamers the chance to experience the exciting world of Geopoly!
In summary, Geopoly’s move to Web3 brings a number of advantages to our players, including increased ownership and control over in-game assets, the ability to monetize their gaming efforts, and the added value of GameFi. This transition opens up new opportunities for you to engage with other players, and to earn real-world money from their gaming efforts.
As Web3 technology continues to evolve, it is likely that more and more games will make the transition, bringing these benefits to a wider audience.