Oly Sport Metaverse; The First NFT eSport Game in Canada -Breaking
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© Reuters. Oly Sport Metaverse: The First NFT eSport Game In CanadaOly Sport Metaverse allows investors and players to buy virtual land that is backed up by real estate via NFT marketplaces. It eliminates token devaluation.
It is no surprise that gaming trends are constantly changing in the rapidly-growing industry of video games. New games are released every day. The concept of ‘play-to-earn’ is no longer a strange concept, quickly replacing traditional gaming models like ‘free-to-play’ or ‘pay-to-win’.
Oly Sport is a NFT game that was modeled after Esports. It has been gaining popularity around the globe and has raised high hopes for millions of NFT gamers and crypto investors. Oly Sport’s core team shared with us that the company is closing the $2M strategic sales round. This comes at a prelaunch valuation of $20M. Let’s find out how Oly Sport is different from other NFT games on the market that can attract the top blockchain venture capitals such as BSCStation, X21, Genblock Capital, Everse Capital, Basics Capital to name a few.
The NFT Game genre is different: Instead of the “play-to-earn” models like other games, Oly Sport has a “race-to-earn” mechanism. Oly Sport’s players can engage in various activities related to horses such as upgrading and breeding barns or raising them, and even preparing them for racing. Oly Sport’s players will be able to participate in Esports tournaments – which is expected to soon become the standard for horse racing in the field of eSports.
It’s important to note that there is no gambling feature included in the game as this is not ethically, culturally, or legally accepted in many parts of the world. Oly Sport’s grand vision is to unite humanity within its Metaverse, regardless of the player’s economic class, playstyle, ethnicity and other separation factors.
Built using the Esport Model: All outcomes are decided by algorithms. The race’s fun, fair and unpredictable nature is ensured. Higher reward and better chances for winning are the result of having more steeds.
Oly Sport employs a complicated algorithm to determine which horse wins the race. While other games only take into consideration the horses’ strengths, and performance history; Oly Sport uses factors such as weather, genotype, bloodline, player’s bond with the steed, and race track conditions amongst other variables to determine performance.
Oly Sport offers virtual NFT land that is backed with real estate. Oly Sport’s most significant value to NFT gamers and investors is its ability to resolve NFT land risk issues for both players and investors. Players often experience anxiety when they invest in NFT games because of the volatility and low demand for items.
Oly Sports assures their players this won’t happen because the NFT virtual land is supported by real land that has real value. Passive income can be generated by renting stables and farming, as well hosting races at racetracks located on virtual land. Players can also ensure that their virtual land has real value. This is considered a “double insurance” system that players can completely invest with security. In the event that the token price falls, the price of land will always increase – this is the guarantee that the player’s investment will always earn a return profit.
Oly Sport is easy to use and can be played by anyone. Investors and players alike will find many ways to make money with Oly Sport. The game economy of Oly Sport is easy to get used to, similar to old-fashioned “farm” style games with the addition of horse racing and eSport tournaments.
Profitable activities include horse care, racing horses, investing in race tracks and farms, as well as trading or buying them. There are many possible professions for players in the metaverse. Players could be Olypreneurs, horse-owners, Olypreneurs, Olypreneurs, or even virtual employees supporting all of these former careers. Players can grow their wealth, no matter what tokens they have, and could become crypto-millionaires. Players will consider purchasing in-game NFT assets – be it horses, virtual land, or tournament arenas – as a real-life investment that generates passive income and have the flexibility to invest the time and money within their budget.
The longer you hold, the more valuable the tokens are: The management team will proceed to “burn” the tokens extracted from the in-game transactions, causing the supply of $OLY tokens to decrease over time. In Oly Sport’s virtual society, there is no government printing money and causing inflation in the market. Based on the system that the team developed, the management team manages the token market. The token circulation decreases with time.
Jimmy Chan – CEO of Oly Sport and former CEO of Odyssey3D – a leading 3D modeling and virtual reality real estate company in Toronto, Canada confidently shared: “No other game connects virtual assets with real world assets. We are the first metaverse where virtual land will be backed by real land value ”. Oly Sport has taken the risk-aversion of NFT investors and created a new experience.
Jimmy took one step forward to create a metaverse to support horse lovers, investors, and D.A.O supporters, even before Facebook’s (NASDAQ:) name change to Meta. Taking it a step further, this project embodies Jimmy’s timeless vision: To unify financial markets; democratize, decentralizing, and globalize real estate ownership; and at the same time, allowing investors to earn a living playing video games — all delivered inside Oly Sport’s metaverse.
Oly Sport has been a strong name in the NFT gaming industry, especially due to the unique property ownership scheme mentioned above. When investment risk is resolved, players can invest with confidence, and look forward to experiencing “race-to-earn” and owning virtual land backed by real-life farmland and racetracks – something that no NFT game has ever done before.
Oly Sport should IDO in November on BSC Station (November 2) and GameFi (November 6).
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