'Magic Eden,' a San Francisco-based game developer and web3 company, announced 'Genopets,' a move-to-earn mobile game. According to the developer, Genopets is the world's first move-to-earn game, that is to say a game that provides monetary compensation for moving one's physical body in the real world.
At its core, Genopets is a mobile NFT-powered game that utilizes the GPS and camera on each player's phone. The game then rewards players with Genopets, collectible digital creatures, as they move around in the real world and catch more Genopets. On top of this, players will be able to train and raise their Genopets to fight against other players and wild Genopets. This game will feature a web3 NFT marketplace based on the Solana blockchain, allowing players to transform in-game earnings into real money through digital wallets.
Mobile Creature-Collector Games
Genopets is a Move-to-Earn NFT Game for Mobile Devices
Trend Themes
1. Move-to-earn Games - Game developers can explore creating move-to-earn games that incentivize physical activity and reward players with digital assets that have real-world value.
2. Nft-powered Gaming - Companies can leverage NFTs to power unique and collectible in-game assets that players can trade in real-world marketplaces.
3. Web3 Integration - Game developers can integrate web3 technology like blockchain and cryptocurrency to enable secure and decentralized marketplaces for in-game assets and earnings.
Industry Implications
1. Gaming - Gaming companies can leverage move-to-earn and NFT-powered gaming to create engaging and lucrative mobile experiences for players.
2. Blockchain - Blockchain companies can explore opportunities to integrate their technology into mobile gaming, enabling secure and decentralized marketplaces for in-game assets and earnings.
3. Fitness - Fitness and health companies can partner with game developers to create move-to-earn games that incentivize physical activity and promote healthier lifestyles.