As the Mushe Token (XMU) presale continues to go from strength to strength ahead of the July launch (visit Mushe.world for more information) we have begun to receive more information on the suite of products that will make up the rest of the Mushe World ecosystem.
The MusheVerse, which as the name suggests is Mushe’s metaverse offering comes complete with ways to earn, buy, sell and trade digital assets such as XMU tokens, digital land and NFTs.
A metaverse is best described as a virtual-reality space in which users can interact with a computer-generated environment and other users. When the MusheVerse launches Mushe will offer play-to-earn incentives for all customers allowing them to earn Mushe Tokens (XMU). Whilst details of how the earning process works are yet to be released the lite paper indicated rewards will be given for loyalty and ethical behaviours.
The tokens will be usable in both the metaverse and the real world allowing participants to move seamlessly between the two with little effort using the Mushe World eco-system. With Mushe wallet XMU token holders will be able to exchange their tokens for local fiat currency bridging the gap between physical and virtual reality even more and offering financial empowerment to millions of unbanked people around the world.
Shedding a little more light on the plans Mushe insiders have stated the play-to-earn strategy they are incorporating in the MusheVerse will not be like the system used by popular competitor Axie Infinity. To begin playing and earning in Axie Infinity players are required to buy 3 axies (digital creatures similar to Pokemon). The price of axies fluctuates daily but at its peak players have been known to spend up to $1000 to get in the game.
The high entry point was paid by many in hopes of earning greater returns by becoming axie sellers and gaining profits when new players join and buy axies in the future. Many in crypto communities have compared the Axie Infinity method of earning to a Ponzi scheme which encourages digital mob-like structures where bosses (called managers) loan out their axies to workers (called scholars) who can not afford to buy their own axies in exchange for a percentage of the scholars’ future earnings.
Critics of the Axie Infinity say the system exploits poorer players from developing countries such as the Philippines where upwards of 40% of daily active players originate from. With ethics at the core of Mushe’s plans, Mushe aims to level the playing field and lower the barriers to entry in the hope of creating a community that will allow crypto enthusiasts all over the world to thrive and enjoy the Mushe ecosystem without the negative experiences that have been received in some other crypto communities.
The Mushe Token (XMU) launches on July 4th, however, the presale is currently open allowing anyone interested to purchase tokens from as little as $0.005 per XMU.
Learn more about Mushe (XMU)
Source: Plato Data Intelligence: PlatoData.io