CSCVerse

Inspiration

In 2022, the P2E gaming market is anticipated to generate more than $136 billion in revenue, growing 1.7 times faster than the overall gaming market. This year, the global gaming sector is anticipated to reach a staggering $222 billion in value. According to estimates, console and PC gaming generate $40 billion and $42 billion in revenue, respectively. There is a lot of room for games in the blockchain space. The market for play-to-earn NFT games is expected to grow from $755 million in 2021 to $3618.4 million by 2028, with the CAGR (Compound Annual Growth Rate) of P2E being 21.3 percent. This is the biggest stimulus for the development of this idea.

What it does

The idea includes the basis of the metaverse concept and the crypto and non-fungible token (NFT) space. Play-to-earn concepts are precisely what they sound like—video games that allow gamers to make money while they play. P2E games, as opposed to standard console or PC games, provide players the chance to make money simply by enjoying a video game.

Playing our P2E Game will allow users to earn NFTs and other cryptocurrencies. Additionally, prices for our NFT and Crypto coins will be determined using this. Users can trade our crypto coin for their in-game currency. They can buy NFTs like cars, engines, tires and more using this cryptocurrency! After reaching a particular level, users can start minting their own NFT.

How we built it

First, we began developing smart contracts for the CoinEx network. To obtain funds and launch those contracts, we made use of the MetaMask wallet. For web and app compatibility, we built a tiny open-world driving game in Three.JS and merged it with flutter. Users can trade CoinEx tokens and in-game tokens in a lobby space that we developed. Users can buy vehicles and car part NFT's via a similar panel.

Accomplishments that we're proud of

By doing these we have learned some good ideas around blockchain,p2Estuffs, NFT, CoinEx, and Smart Contracts.

What we learned

P2E gaming revenue generation is a reality! This has more adaptable and optimistic methods of making money. As we have seen via the development of CSCVerse on the CoinEx network, CoinEx is more independent from other blockchains. Therefore, we are eager to build on the CoinEx Network's infrastructure.

What's next for CSCVerse

Some of the best companies like ETH, EOS, TRON, and ASTAR who are experts in blockchain say gaming will be the first actual use case for blockchain, revamping the industry and making games more immersive than ever. How gaming navigates the remaining hurdles will become a case study for other industries considering mass blockchain adoption. The adoption of these industries would be hard now in times but would be more scalable in the coming days. This is a DAPP(Decentralized Application) based game. CSCVerse is developed compatible for cross platforms which can be further expanded to windows and mac software which ensure to reach large audience and enhance the performance of the game. Users could easily experience the metaverse on any of their platforms with CSCVerse.