The Web3, especially the blockchain, is full of new possibilities for the gaming industry, thanks to cryptocurrencies, the metaverse and especially NFTs (non-fungible token). Indeed, the emergence of NFTs has given way to a new economy that is now at the heart of the industry’s challenges. Video games have long been the prerogative of a handful of connoisseurs. Only an audience of informed players ventured there. The M3.games or M3 video game platform brings a new deal as it aims to facilitate access to the world of games for non-professional users. To do this, M3 has chosen to position itself at the forefront of innovation in its industry by combining NFT and traditional games. His multidimensional approach explodes with originality. It thus offers a new paradigm thanks to the interoperability between its games. In other words, players can interact in different universes within the same game or choose from multiple games within the same universe.
Video games, a market unaffected by the crisis
The video game market is at the top of the entertainment industry. Indeed, according to Statistica, in 2020 it will weigh about 87%, while film and music pale in comparison to the remaining 13%. In addition, the health context associated with Covid-19 is beneficial to it since it has earned about $300 billion in 2021.
Cryptocurrencies open new frontiers for the video game industry
Cryptocurrencies are a growth vector for the video game industry. They bring with them a new category of players who are especially seduced by the innovation of the blockchain and its derivatives.
Moreover, the exchange of virtual assets is common in the video game world. However, they are traditionally reserved for publishers or the black market. With the birth of NFTs, gamers are regaining control as the blockchain guarantees exclusive ownership of a digital asset regardless of what the issuer decides.
It is therefore a real revolution in the video game business model, especially with the predominant adoption of Play-to-Earn (Play to Win) or P2E. Thus, players can earn tokens or NFTs. This game format is especially popular among crypto enthusiasts, at the expense of Pay-to-Win (Pay to Win), which is becoming more and more obsolete. As a result, M3 is emerging as a forerunner with its second-generation Play-to-Earn platform based on innovative tokenomics.
M3, a uniquely positioned game
M3 is the fulfillment of the promise of a new world that brings together traditional games and cryptocurrency enthusiasts. Based on a principle of NFT HTML 5 games in Freemium format, the platform is at the crossroads of Play and Earn, E-sports and Free to Play. What was once a possibility has become a reality thanks to M3. Indeed, the latter offers a versatile game environment where players can move around according to their wishes. Specifically, the players work together while they are in different universes. In fact, they can access different games in the same universe. The platform goes even further in innovation as any NFT can be used on the various games of the M3 ecosystem.
The M3 platform has been developed since 2018 and the beta version of the sweetclash game was launched in 2020. It is a game made by players for players. That is why it wants to offer them real added value with fairer and more transparent treatment.
It is also in the polar opposite of the Pay-to-Win game format in which the return on investment is uncertain. Thereby, access to his universe is completely free. M3 also offers players the opportunity to earn a significant income that allows them to be financially independent.
With M3, players take advantage of the vast possibilities of the crypto universe. To that end, they experience the real day-to-day usefulness of NFTs in a simple and fun setting.
M3 counts on a multidisciplinary and experienced team. The hard core therefore consists of the three founders who have complementary skills: a gaming expert, an IT expert and a financial expert. In addition, the platform’s activity is divided into three studios, each of which has its own area of expertise: blockchain technologies, video games and design.
The token economy is based on two tokens: the M3 token, which is needed to transform NFTs and participate in tournaments. The Meta Golden Rabbits (MGR) Token, a community token for players. Management is done through M3’s NFTs. We reserve more details on this topic in the following articles.
There are two game versions available, as confirmed by the project’s whitepaper: a Freemium version and an NFT version.
The Freemium version
It’s 100% free. Players can access it without logging into their wallet. Users play and also start collecting free cards. They can then convert these into NFTs for a fee. These depend on the rarity of the card and the bottom price of the NFTs. In order for players to enter NFT tournaments, they must have access to the “League 5” ladder of the freemium version. The project teams want players to be able to discover and understand the game before they start paying tournaments.
The NFT version
NFT holders are given the opportunity to receive active income by participating in daily tournaments; passive income by making their NFTs available in the “Scholarship” program, which allows their NFTs to be made available for other players to participate in tournaments. In addition, they enjoy additional passive income from holding their NFTs as 30% of the commissions recorded by M3 are paid out to all NFT holders.
Also, playing the Freemium version is a must to improve NFT sound quality. That is to say, the improvement of an NFT requires commissions that will evolve according to the market prices. The primary purpose is to always protect the value of NFTs from previous owners.
M3, a gaming platform at the service of its ecosystem
The universe of the M3 platform has the particularity of being compact. It also requires a solid foundation to guarantee the reliability of the game. M3 is based on two pillars, namely the accessibility of digital resources and the professionalization of players.
Easy and transparent access to NFTs and tokens
M3 provides a trusted environment that ensures that players can safely experience cryptocurrencies, especially NFTs. In this sense, M3 has implemented measures framed by smart contracts, such as the guarantee of a floor price for NFTs on marketplaces.
In addition, M3 protects his universe from the appearance of whales. In this sense, the reflection percentage decreases depending on the number of NFTs the player has.
In addition, M3 has a vault mechanism in which 50% of the commissions received are converted into M3 tokens. They are then placed in the NFTs after each coin, sale, transformation or exchange. Users can destroy the NFT at will and restore the accumulated M3 token history.
The professionalization of players
M3 aims to professionalize amateur players. Indeed, it allows players to switch from Play-to-Earn to Esports. In other words, neophytes can become professionals. So the time spent on the game is paid time.
In addition, M3 facilitates access to the platform by making it available on any medium without downloading. It is a conscious choice that favors gamers because they are not on Android or Apple Store. As a result, M3 saves about 30% in commissions injected directly into the game.
Likewise, players on M3 have the opportunity to win rewards every day through daily tournaments on the platform. There are M3 prizes to be won.
To participate, each player must have M3 tokens (minimum 5 for the beginner tournament). Nevertheless, the player has the option to recover the cost of his admission ticket during a single battle. M3 offers maximum opportunities to players. There are also permanently four tournaments available.
An entry in the topic with a contest
The platform offers a preview of a competition on its website. From October 2 to November 1, more than 60,000 euros is up for grabs. The platform therefore wanted to celebrate good news for its community. It is not without reason that M3 took the lead on its roadmap, because the game Gods of Gods became available a month before the deadline. Don’t hesitate to try your luck, because the rewards are as numerous as they are attractive:
- Each entrant will win a Whitelist for the NFT version of SweetClash and GodsofGods, with a 10% discount on the coin;
- 10 RARE NFT Cards from the GOG Genesis Collection are up for grabs. RARE cards thus come with random founder bonuses. Each RARE card from this collection is minted by M3 for a value of 500 euros;
- 3 EPIC NFT cards from the GOG genesis collection. EPIC cards also have a random ability and are used for tournaments. Every EPIC card in this collection is minted by M3 for an amount of 1,000 euros ;
- 3 PRO Team titles entitling you to 1 free daily entry to all daily NFT tournaments for a year. The value of a title is 18,000 euros. M3 also rewards the less fortunate, as some will receive Tether on their behalf;
- Further, 5 less fortunate participants received 100 USDT in their wallet ;
The rules for the competition are as follows:
- All NFTs are backed by the M3 token and grow as trades are made. They can be burned at any time to receive this amount;
- The cards will be distributed in the wallet you specified when completing the tasks shortly after the end of the match;
- Ranks are distributed at the end of the launch event. You’ll get a chance to play in competitive mode when it’s expected to launch over Christmas.
M3 has bet on an inclusive ecosystem for players. The platform also presents itself as an added value for studios integrating a game universe with multiple capabilities and artists who benefit from commissions on every sale. It is therefore a successful bet for M3 entering Web3. By choosing the blockchain, M3 has taken the path of the avant-garde in its industry. The platform is just at the beginning of its surprises. Waiting for our next article where we will tell you all about the coin that will take place on October 31 in a future article. You can already participate in the M3 adventure by entering the competition.
Get an overview of news in the world of cryptocurrencies by subscribing to our new service fromdaily and weekly, so you don’t miss out on the essential Coinstand!
Cointribune’s editorial team unites its voices to express themselves on topics specific to cryptocurrencies, investments, the metaverse, and NFTs, while striving to best answer your questions.