In a world where cryptocurrency has already revolutionized virtual assets, Fabwelt Studios envisions a unique and exhilarating future for both gamers and non-gamers alike. By seamlessly merging blockchain technology with gaming, Fabwelt Studios aims to introduce a new level of excitement, creativity, and financial potential.
The heart of Fabwelt's vision is the creation of a gaming metaverse that seamlessly integrates high-quality games across various genres with the power of NFTs, Play and Earn mechanics, and DeFi solutions. The objective is to unite the best aspects of both worlds, crafting a gaming experience that is truly innovative and unprecedented.
Fabwelt sets out to establish a new gaming standard, where players can enjoy a seamless fusion of blockchain technology and gaming, offering them the chance to both earn rewards and immerse themselves in immersive gameplay. From 3D First-Person Shooters to strategic masterpieces, fantasy epics, and more, the platform boasts a diverse range of games that promise endless entertainment. With in-game NFTs, Play to Earn functionality, and DeFi principles embedded at the core of each game, players can expect a truly unique and rewarding experience.
Getting to know Fabwelt...
Fabwelt is a ground-breaking concept that integrates blockchain technology into the heart of high-quality games of all types and genres. With in-game NFTs, Play to Earn, and DEFI, we create a high-end gaming ecosystem and enhance the fun. A multi-genre gaming ecosystem that includes genres such as 3D First Person Shooter, Action-Adventure, Simulation, Strategy, Fantasy, and many others. In-game NFTs as assets, collectibles, and strategic utilities resurrect the fun of Blockchain gaming.
To enhance gameplay, Fabwelt will introduce the "Play and Earn & Play to Own" feature on all its games. Each game will have a points system at its core, allowing players to earn points in various ways during gameplay. These points can then be redeemed for rewards in the form of Fabwelt tokens.
As all games developed by Fabwelt are part of the same ecosystem, the points to reward ratio will be largely consistent. The wide variety of games offered by Fabwelt will attract a diverse audience of gamers to the platform.
In addition to "Play and Earn and Play to own" Fabwelt will also offer "Pay to Play." To access certain levels, participate in tournaments, or purchase certain add-ons, players must pay in $WELT. This will further support the Fabwelt ecosystem.
To keep track of all their achievements, Fabwelt will introduce a gamer's platform. Here, players can view their game statistics, NFT collections, and rewards earned across different games. The platform will also host a ranking system, with weekly and monthly contests and prize pools for top players. The gamer's platform will serve as the hub for the entire gaming platform.
Use $WELT for never-before-seen digital gaming!
Fabwelt's primary objective is to establish a robust gaming ecosystem designed to offer players a multitude of incentives and rewards, all denominated in the $WELT token. This ecosystem's sustainability will be underpinned by diverse revenue streams, facilitated by the utilization of Fabwelt tokens, and structured as follows:
- Pay-to-Play: Access to specific game levels and add-ons within the platform will necessitate a fee, payable in $WELT tokens.
- Tournaments: Fabwelt will orchestrate weekly and monthly tournaments, each requiring an entry fee in $WELT tokens.
- NFTs (Non-Fungible Tokens): Players will have the opportunity to acquire NFTs from NFT marketplaces, offering strategic advantages in tournament play. Notably, a 10% tax fee from each NFT transaction will be allocated to bolster the ecosystem.
In reciprocity, players will be duly compensated with Fabwelt tokens through the following mechanisms:
Every game hosted on the platform will feature a bespoke points system. By accomplishing various in-game objectives and milestones, players will accrue points that can subsequently be redeemed for Fabwelt tokens. The Points-to-Reward ratio will remain adaptable, contingent upon the number of active participants.
NFTs as collectibles
Gamers stand to earn exclusive, rare NFTs by successfully completing diverse in-game challenges. These NFTs have the potential to appreciate in value and can be traded on NFT marketplaces.
The most proficient players in each tournament will receive substantial prize pools and prestigious awards. Fabwelt endeavors to attract both professional and casual gamers, fostering a global community of enthusiasts.
Token utility is one way to improve user base. With HYVE, Fabwelt Studios aims to provide a new currency to trust as digital payments. While HYVE is a very vital partner for us to provide a use case, unique to our ecosystem. - The Fabwelt team
Furthermore, players will gain access to a dedicated gaming platform where they can meticulously monitor their game statistics, NFT collections, and rewards accrued across all Fabwelt games, while incorporating a competitive ranking system, enabling players to engage in healthy competition.
More from HYVE!
November is the month of Thanksgiving and if we were to compile a list for what we are thankful for, we'd put you HYVERs on top, closely followed by our partners. As we want to offer you an early Christmas gift, we want to expand our supporter base even further, so that HYVE becomes a universal platform, benefitting all who want to provide their services in a decentralized manner.
In order for us to achieve our objective, we need to diversify our ecosystem through partnerships that can advance our infrastructure and help us deliver a better experience for our users. As we have repeatedly mentioned, we want to deliver close to 2 weekly partnerships up until the end of the year, so make sure to stay tuned for the latest snippets.