Introducing the ReneVerse
A Win for Gamers & Developers
A Win for Gamers & Developers
Online gaming will never be the same. Play-to-earn (PTE) is finally decentralising an industry which used to live in set-top boxes. They’re a perfect example of the collision of physical and digital worlds. PTE combines a player’s digital identity, digital assets, and gaming track record to reward rather than charge them. And that’s huge!
Modern video games can be played in a wide range of emerging digital environments and create new forms of value creation. Start up’s like Axie Infinity, Forte and the increasing number of gamified metaverse’s create immense value in a matter of months.
Free Your Game
Our mission at ReneVerse is to support the decentralization of any game, integrating Game Platforms, Game Assets and the Metaverse. We serve game developers looking for an affordable, fast route to this new PTW marketplace. And we serve gamers looking to earn as they play.
We literally ‘Free Your Game’ and give you more control as a gamer or developer.
Meet Rene in our Universe — the ReneVerse
Major Industry
- Almost forty per cent of the world’s population play some type of video-game that’s 3.1 billion people.
- Video gaming software and services is a $336 billion industry, according to BITKRAFT Ventures (https://www.bitkraft.vc/gaming-industry-market-size/). That’s twice as big as previous estimates.
- That’s more people spending money on gaming than the TV, Film, Music or any other media business.
- Gaming has created stars and made careers for many streamers and E-sports competitors.
Today, most of this activity and money is captured by centralized businesses, giving game developers and publishers the rights to all gaming activity. Players simply pay to play and miss out on a slice of the $336 billion pie.
What’s the solution? PTE.
The prestigious World Economic Forum has taken notice. WEF authors Stefan Brambilla Hall and Moritz Baier-Lentz from BITKRAFT Ventures recently reviewed this new industry:
“This historically custodial model of ownership and profit-sharing has persisted as the industry has grown — but it might be on the cusp of transformation, with the arrival of so-called ‘play-to-earn’ games. This type of video game allows players to ‘truly’ earn and own digital assets that they can then sell outside of the game at their own discretion.”
ReneVerse is a unique offering for this huge market. We are a SaaS Business and a Crypto currency serving both Gaming Developers and Gamers.
Game Developer Benefits
For Game Developers, ReneVerse is a platform providing tools and technology solutions for game studios to help them efficiently integrate NFTs and blockchain technology.
Problems
- Game Developers lack blockchain knowledge.
- Their business model is outdated, but they struggle to change it.
- They don’t understand the tokenomics which underpins this new gaming economy.
- Maintaining a blockchain network can be complex and expensive.
- Resources such as developers and architects are scarce.
Solutions
- Rene Software Development Kit (SDK) — a flexible kit that allows multiple levels of integration into their game.
- Rene Portal for NFT & Blockchain Assets Conversion.
- ReneFi — Staking and Earning mechanism for in-game assets — Enabling revenue generation as gamers create, trade and stake their NFTs.
- First launch on Binance Smart Chain supporting the ERC-1155 and ERC-721 token standards.
- Consulting support and customer service.
Gamer Benefits
Currently, there is little to no ownership over their in-game adventure and assets. We enable gamers to manage NFT game assets efficiently across different games and platforms.
Problems
- Games are siloed.
- Game assets are locked.
- Identity and gaming reputation is hard to monetize outside of being a pro gamer.
Solutions
- We offer asset management — a unified platform to manage your in-game items
- We offer simple access to buy, sell or rent in-game items on the marketplace.
- Gamers can generate stable income with GameFi and DeFi features.
- Gamers can transfer NFT in-game assets from one world to another.
We do this by allowing the option for NFT staking through our portal. This includes a Renting and Borrowing feature, launched in Q1 of 2022, and Beta Interoperability features.
Timeline
ReneVerse’s alpha version will be ready as a minimum viable product early in 2022. Our alpha release will include a conversion portal for a largely popular game, allowing gamers to convert their in-game items to NFTs on ReneVerse. Some DeFi features will also be in place, such as an initial version of the marketplace and staking capabilities. Soon after, game developers will be able to mint. We will be in the Gaming Hall at South by Southwest in Austin in March — come and say hello!