Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
New Listings
Exploring GensoKishi Metaverse (MV): An Introduction to the Web3 MMORPG Game

Exploring GensoKishi Metaverse (MV): An Introduction to the Web3 MMORPG Game

Beginner
2024-02-02 | 5m
Are you a fan of MMORPG games? If so, you'll want to check out GensoKishi Metaverse, also known as "Genso". It's a Web3 version of the popular Elemental Knights game, which won a gold medal at the Game Star Award in Taiwan in 2012.
In this article, we'll take a closer look at what GensoKishi Metaverse is all about and how it works. We'll also explore the game's distinctive features, including its dual-token economy model and the opportunity for players to participate in a dynamic ECO model.

What Is GensoKishi Metaverse (MV)?

GensoKishi Metaverse, also known as "Genso", is a Web3 version of the popular 3D MMORPG game "Elemental Knights", which won a gold medal at the Game Star Award of Taiwan in 2012. The game has a 14-year history and has been downloaded over 8 million times worldwide. According to the official whitepaper, Genso Metaverse is a virtual world that combines web3, RPG, and metaverse to create an immersive gaming experience.
For more than 13 years, users have been creating their own skins, characters, maps, and weapons in the game. Now, in this GameFi version, all these items will be registered on blockchain and can be transferred, sold, and bought as NFTs. The focus of the development is to transfer the existing MMORPG world onto blockchain to form the basis of the in-game economy.

How It Works

The Genso metaverse, as e xplained in its whitepaper, is a blend of the real world and RPG fantasy, offering users the chance to experience real estate, anime, arts, culture, entertainment, tech, e-commerce, and more in both the real and virtual world.
LAND represents the real estate within the Metaverse, which can be bought, sold, and leased to other users. By utilizing the materials earned while playing GensoKishi Online, users can create NFTs. These digital art NFTs can be displayed on their LAND and even showcased in private exhibitions.
Through GENSO, users can buy e-commerce goods and have them shipped to any location in the world within the Metaverse. Additionally, the Genso Metaverse provides a distinctive opportunity to explore replicas of real-world cities and popular attractions. Visitors can discover regional delicacies and acquire unique NFTs that are only available in those specific locations.

What Is the MV Token?

The Genso Metaverse has an intriguing feature that stands out: the dual-token economy model. In this model, there are two kinds of tokens: MV and ROND. The MV token is the primary token of the metaverse. It can be used to stake, vote for policies, and gain exclusive rights to participate in auctions, buy special items, and access unique activities within the metaverse.
On the other hand, ROND is the in-game currency of the Genso metaverse. It can be utilized to buy items from the virtual mall and museum, upgrade base equipment, and take part in in-game events and activities.

Distinctive Traits of GensoKishi Metaverse

In the GensoKishi Metaverse, players have the opportunity to participate in a dynamic ECO model that includes three key elements: economy and ecosystem. This means that players can earn rewards by creating, distributing, and selling content, while also being a part of a larger community.
The Genso LAND UGC MALL is a standout feature of this metaverse, allowing users to showcase their creativity by designing and selling unique skins and items, creating personalized maps, and inviting friends to explore their creations. Additionally, the Genso Mall and Museum provide spaces for users to display and sell their NFTs at prices they determine.

How to trade GensoKishi Metaverse (MV) on Bitget

Step 1: Go to the MVUSDT spot trading page
Step 2: Enter the amount and the type of order, then click Buy/Sell.
Master Bitget spot trading with ease! Explore The Uncensored Guide To Bitget Spot Trading and transform your trading skills now!
For those passionate about expanding their knowledge of cryptocurrency trading and investing, Bitget Academy serves as a vital learning resource. With courses ranging from technical analysis to risk management, Bitget Academy equips learners with the necessary skills and knowledge to navigate the crypto market successfully. Begin your crypto journey by visiting Bitget Academy's website today!
Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.