MetaZero

Bringing RWA omnichain tokenization to your favorite gaming assets.

Powered by @LayerZero_Labs .

[MetaZero @metaazerogg]

We are thrilled to announce that $MZERO Staking and Revenue share is now Live.

After you stake $MZERO, You will receive share of the MetaZero's revenue.

Stake here: https://t.co/iItJPpblTS

[🌐 C.F. Ventures @BlocksNThoughts]

🪙 MetaZero🪙 $MZERO

Forward
▪️ By 2030, the Video game industry is projected to reach global annual revenues of over $300 billion and a worldwide audience of 3.8 billion active players, with the majority of spending (67.2%) coming from in-game purchases. In-game spending reached nearly $150 billion in 2023, of which almost $75 billion came from cosmetic purchases such as skins.

▪️ On the other side of the equation it is estimated that the global blockchain gaming market will reach $614 billion by 2030, with current spending estimated at $154 billion

TLDR: Billions and billions are set to pour into Blockchain gaming over the next seven years, most of which will be spent on in-game purchases.

Why are in-game purchases so prominent?
▪️ They give players access to new content, game functionality, features, skins, and upgrades for a particular game. In-game purchases give players a sense of individuality and more control over the realms of fantasy where they play.

- No project in existence fills this narrative as perfectly as @metazerogg does.

Overview
▪️ MetaZero is not a gaming project itself; it is a Synthetic RWA Cross-chain (Omnichain) protocol that turns gaming collectibles (in-game purchases) into tradable Synthetic RWA tokens on the blockchain. They aim to make gaming assets as mainstream and liquid as any other investment asset.

Synthetic RWA Tokenization

▪️ Wrapping Gaming Assets
MetaZero will utilize @LayerZero_Labs to package gaming assets as synthetic Gaming RWAs. They will be in the form of OFTs and ONFTs.

▪️OFT
The LayerZero Omnichain Fungible Token transfers fungible token middle chains across multiple blockchains without asset wrapping, middle chains, or liquidity pools.

▪️ONFT
The LayerZero Omnichain Non-Fungible Token enables any NFT to be securely transferred across chains without requiring token wrapping, middle chains, or centralized bridges.

Products

1. Single-Asset Tokenization (SAT)
- When a specific, individual asset is tokenized, it enables the asset to be traded on-chain and used as a speculative asset. All tokenized assets are represented by a unique token, ensuring ownership rights are maintained.

- The first $MZERO SAT offering is the Genesis CS2 ONFT Collection. It represents a selection of Counter-Strike Gun skins tokenized into NFTs on the $MZERO platform. The Genesis Collection showcases rare and valuable gaming assets. Also, it provides an early entry point into MetaZero's unique investment opportunities, as genesis holders will benefit tremendously in several ways over time. The wrapped skins (ONFTs) will carry the same IP rights as the actual wrapped skins.

- With the estimated market of gaming skins valued at over $50 billion, CS2 should be a premier RWA since the market cap of their gaming assets exceeds $3.5 billion.

- Genesis ONFT holders will receive an NFT that tracks the value of the underlying gaming asset. The NFT will be its digital certificate of ownership. NFT buyers will also receive an allocation of $MZERO tokens. A total of 1% of the $MZERO supply will be kept as a vested airdrop allocation for Genesis CS ONFT holders. These tokens serve multiple purposes:

2. Fund-Asset Tokenization (FAT)
- The creation of a fund centered around a specific category of assets. The fund is fragmented into ONFTs. Individuals who hold these ONFTs effectively own a stake in the fund.

- "The core concept of FAT is to pool resources into a collective investment vehicle focusing on a gaming asset such as CS2 Knives. By tokenizing the fund, each ONFT represents a proportional interest in the total asset pool of the fund, providing holders with a share of the ownership".

Vortex
Vortex is an MZERO platform powered by LayerZero. It enables users to tokenize their Steam gaming assets and bring them onto the blockchain for trading and speculation.

▪️ Inbound Tokenization
Vortex will be part of our SAT product offering, where anyone is free to tokenize any asset. Users must hold a certain amount of $MZERO tokens in their wallet to use Vortex for tokenizing assets.

▪️ Outbound Tokenization
Users can also convert their assets to their original form through outbound tokenization on Vortex. This will incur a flat fee in $MZERO tokens. The ONFT will be burnt on-chain, and the asset will be deposited into the user’s off-chain gaming ecosystem account.

Conclusion
▪️ I expect MZERO to be one of the top-performing RWAS of 2024, given their resources, versatility, and uniqueness. The team is also highly capable and experienced, and they've targeted the single best niche in the entire gaming industry.

References

https://t.co/TAtu5izN1G

https://t.co/FReLZ2VLBM

https://t.co/uKlsEU2KLa

https://t.co/6FKxuyA4or

[MoonPay Commerce @MoonPayCommerce]

https://t.co/VzWwOOJpzB

[MoonPay Commerce @MoonPayCommerce]

Helio Spotlight 🔦

⏰ Thursday 11th Jan @ 17:00 UTC

Host
@adam_S0l

Guests
@ZeusNetworkHQ
@GalaxyPals
@metazerogg

Join us for this epic latest show with 3 very different, fantastic guests with Giveaways and Pre Sale opportunities included !! 🎁

🎙️ SPACES LINK BELOW .........

[Skylark @skylarkXBT]

ONFT Bridge Testnet later this week.

This will support bridging Vortex Testnet ONFTs between Polygon Mumbai and Ethereum Sepolia.

[MetaZero @metazerogg]

The centerpiece of the MetaZero Protocol, Vortex, is our web2 asset tokenization platform, and it’s pretty special.

Read more about Vortex ↯
https://t.co/sTB9GSNxEi

Vortex Testnet ↯
https://t.co/DEDCyZ5Dm5

[MetaZero @metazerogg]

We're live with @helio_pay!

Genesis ONFTs up for grabs.

[MetaZero @metazerogg]

Join us tomorrow for a Spaces with @helio_pay at 5PM UTC.

Genesis ONFTs up for grabs. Be there.
https://t.co/H7ep8Opqht

[MetaZero @metazerogg]

We're collaborating with @PaalMind!

Thanks, https://t.co/DhI5bKSNdu for AI/ML bot integration in our growing community, providing simple access to extensive information!

The #Web3 and crypto-focussed, customizable, multi-platform tool is a welcome addition to our ecosystem!

[MetaZero @metazerogg]

We're excited to announce that we're officially a part of the @alibaba_cloud Startup Catalyst Program!

This comes with a range of benefits that will provide even more support to MetaZero's strong foundational tech structure to shape the future of gaming #RWAs!

[Skylark @skylarkXBT]

A common question I keep getting asked is “What’s the point of tokenizing these skins when you can just trade them on traditional markets so that they can be used easily in-game?”

The issue is that a lot of crypto people who don’t trade these assets don’t understand the type of market we have here.

Most of the @CounterStrike asset market for example is filled with traders who simply want to buy, hold and trade assets as an investment. These traders don’t want to use the asset in-game to play with.

CS2 knives are being sold for $100k+. Those are collectors buying the skins as an investment and are not average gamers.

The CS2 market alone is worth at a minimum $3.5 billion. The estimated worth is between $10-20 billion.

There is no point in having this type of market exist only off-chain especially when gaming ecosystem like Steam have monopolized the industry and try to box in traders into using their platforms.

[MetaZero @metazerogg]

MetaZero Whitepaper v2.0 is now live.

Dive in now ↯
https://t.co/tOvSNJbaYZ

What's new?
- Product offerings categories (SAT and FAT).
- Vortex deep dive.
- Updated roadmap.
- Addition of FAQ and Partners page.
- Refined overview of MetaZero Protocol.
- General clarity updates.

[MetaZero @metazerogg]

For those of you who can't access the Vortex testnet because you didn't mint a Genesis CS2 ONFT, you can view the tokenized testnet assets here ↯

https://t.co/c4JV4N84uH

Alternatively, to access Testnet, you can mint a Genesis CS2 ONFT here ↯

https://t.co/3qPFn9O7QL

[MetaZero @metazerogg]

https://t.co/YrXuGUsRkb

[MetaZero @metazerogg]

The Vortex Alpha Testnet is now live for Genesis ONFT Pre-Minters ↯

https://t.co/7VZgXP8GXS

This Testnet is a stripped-down version of the Beta, allowing testers to experiment with some of Vortex's functionalities using fake testnet @CounterStrike assets.

What you can "test":
- Browse through an available list of CS2 assets and select any for tokenization.
- Tokenize the asset as an ONFT.
- View the tokenized asset on Opensea.

There will be no minting fees for these assets, and they will be issued on the Polygon Mumbai Testnet.

[MetaZero @metazerogg]

Our plan to onboard $10+ billion worth of Steam gaming assets and bring them on-chain, starting with @CounterStrike.

Yes, it's that easy.

[MetaZero @metazerogg]

We've done it again.

We're honored to announce that we've been accepted into the @googlecloud Web3 Startup program!

This will provide us with invaluable additional resources to become the market leader in tokenization of gaming #RWAs powered by @LayerZero_Labs.

[MetaZero @metazerogg]

- Vortex Testnet.
- Whitepaper v2.0.
- Recent and upcoming partnerships.

Let’s just say you don’t want to miss this AMA with @skylarkXBT.

https://t.co/YrXuGUsRkb

[Skylark @skylarkXBT]

We're taking a different approach to how we're auditing the @metazerogg contracts and codebase. We will be making use of some audit agencies for the audit, but we will also be conducting a custom audit report by an onchain sleuth and an experienced developer.

To put it simply, we don't trust the process that some of these audit agencies use to complete audits. They often have rotating developers, some of whom may lack the experience needed to spot critical and weird bugs. This has led to the multitude of hacks we've seen over the last few years. We are committed to ensuring the security of the products offered by the MetaZero protocol, and we will do everything necessary to achieve this, even if it means creating a new audit process never before used in the space.

[MetaZero @metazerogg]

Vortex Beta will go live later in January, once the final audits are complete and @LayerZero_Labs V2 launches.

However, the Vortex Alpha Testnet, which is a stripped-down version of the Beta, will be available for access to Genesis CS2 ONFT pre-minters this Friday. They will be able to experiment with some of the functionalities using fake testnet @CounterStrike assets to get a feel for Vortex.

Interacting with Vortex testnet may or may not yield future rewards distributed by MetaZero and/or its partners. Embrace the chaos.