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Phil Hall
Phil Hall
Apr 2, 2021
News

Webaverse NFTs Coming to Ethereum and Polygon

Webaverse has been running on its own Ethereum sidechain, but will now give its users the option to mint their NFTs on the Ethereum mainnet.
Webaverse NFTs Coming to Ethereum and Polygon

The blockchain-powered online world of Webaverse has been running on its own Ethereum sidechain, but will now give its users the option to mint their NFTs on the Ethereum mainnet. In addition the developers will add Polygon as a minting option as well. They made this choice to give players the option to connect with more valuable ecosystems.

Webaverse has several reasons to connect to Polygon and allow their NFTs to exist there. First of all, gas prices on the Ethereum blockchain are way too high. In addition it's quite easy to add Polygon to the configuration options in Metamask. However, more interesting is that Decentraland, Cryptovoxels, Somnium Space and The Sandbox also tap into the Polygon ecosystem. "This makes interoperability easier", Webaverse wrote on Twitter.

Out of all the virtual worlds on the market, Webaverse is probably the least well known. We always talk about Decentraland and Cryptovoxels, but Webaverse adds a very experimental layer to this virtual metaverse. They describe themselves as 'a multiplatform internet MMO built with NFTs'. You login to the platform using Discord, and the platform works directly in your browser. Keep in mind, Webaverse is still under heavy development!

Webaverse is compatible with VR devices, all kinds of NFTs, and open standards for avatars. You can for example make a studio where you record a live roundtable conversation with guests, all wearing VR helmets, while controlling the live stream through in-world tools. As an example, take a look at the header, or at the portfolio from Godfrey Meyer.

About that interoperability

Interoperability is an interesting concept that allows users to move digital assets across the entire blockchain ecosystem. With ETH we're already seeing this a lot, as users use Wrapped ETH (WETH) on for example Ronin, Polygon and Binance Smart Chain. We can say the same about BTC and WBTC.

However, when it comes to NFTs the story is a bit more complex. Nonetheless several gaming companies are looking at solutions. For example Gala Games is integrating support for Polygon, Binance Smart Chain, Flare Network, Ethereum and their own Gala node network to their entire ecosystem. At the same time a platform like Enjin is also pushing boundaries with their Efinity technology, which will launch by the end of this year. They are using a so-called parachain, built on Polkadot. Their idea is that NFTs from all blockchains can move onto Efinity.

Interoperability doesn't only mean that you can store and trade NFTs across different blockchain services. It also means that one NFT can be used in different games. For example, a Cryptokitties NFT is a collectible on one hand, but can be a decorative kitten statue in Gods Unchained. CryptoAvatars (see banner below) allows you to buy one avatar NFT, and use that in Webaverse, Somnium Space, VR Chat and other virtual environments.

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Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
Posted: 02 Apr, 2021 07:03 • Updated: 02 Apr, 2021 07:03
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