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    Metaverse

    Forbes Recognizes SinVerse As A Leading Metaverse Contender

    By Ming HooiApril 8, 2022Updated:April 10, 20222 Mins Read
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    Renowned business media Forbes recently recognized SinVerse as one of the top crypto projects to watch out for in 2022. According to Forbes, the R-rated open world is akin to Grand Theft Auto on the blockchain which appeals to a wide range of game enthusiasts. In fact, anyone can start to build their business empire in SinVerse. Ready to be one of the Sinners? Let’s go.

    SinVerse banner.
    The world’s first Mafia metaverse is issuing business license NFTs. Credit: SinVerse.

    Building your empire gets real in SinVerse

    Formerly known as Sin City, SinVerse is based on the world’s most contentious cities, where players can purchase digital lands. In this world, players only have one mission, which is to become the Kingpin of the city.

    As a start, this Mafia world consists of 15,000 plots of land across 17 districts. Here, anyone can purchase and own one or more plots and develop them using SDK kits on the platform. Additionally, Vanilla Network, the team behind SinVerse has partnered with Vulcan Forged to help develop the game using virtual reality (VR) technology. This includes the creation of a VR casino.

    Since its launch in October 2021, the project has garnered over 25k holders, with a successful $3.5 million land sale last year December. To ramp things up, SinVerse will be selling business licenses as NFTs to aspiring entrepreneurs on 10 April.

    Costing as low as 4000 $SIN (around $208) per license, players who own license NFTs can build their own businesses such as casinos, coffee shops, brothels, gun shops, and more in the sinful world. Furthermore, players can also rent out their businesses to other players, thus earning passive income from it.

    But with such a crowded space in the metaverse, will SinVerse emerge as a leading metaverse contender in 2022? We’ll have to wait and see!

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    All investment/financial opinions expressed by themediaverse.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

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    Ming Hooi

    Ming Hooi is a writer based in Malaysia. She is a fan of GameFi and loves keeping herself updated on the latest developments of crypto, GameFi, NFT, and Web 3.0 in general.

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