Monoverse, a blockchain gaming company and developers of the play-to-earn NFT game Frutti Dino, secures investment from Neowiz, a global video game publishing company. As a result of Neowiz’s investment, Monoverse plans to launch investment products for virtual-asset deposits and governance tokens as a GameFi service separate from Frutti Dino.
By entering competitions worldwide, many gamers finance themselves through winning prizArchive 4e money, unlike play-to-earn games, which offer capital just for playing. Play-to-earn games are a great alternative for gamers who don’t want to travel or stream to make bank, but rather earn money just by playing. Play-to-earn game models that use NFTs also offer an additional incentive to gamers who want to monetize their in-game assets.
Monoverse leverages the play-to-earn model by creating the Frutti Dino game based on the character “Dino,” which combines fruits and dinosaurs. Through a partial upgrade, crafting system, and gameplay, users “grow” their dinosaurs to become more powerful and profitable. By partnering with Neowiz, a game publisher, Monoverse brings the play-to-earn model to the mainstream gaming world.
Along with developing its own mainnet, Monoverse continues to collaborate with domestic and foreign game companies in the fields of NFT game development, game Defi service, and NFT-based content business.
“Neowiz’s investment is a huge vote of confidence for Monoverse. We hope the partnership paves way for more play-to-earn games in the video game industry,” says Monoverse CEO Jaden Lee.
