GensoKishi Metaverse

GensoKishi Metaverse, often referred to as "Genso," is an enhanced web3 version of the 3D MMORPG called "Elemental Knights." This game won the gold medal at the Game Star Award in Taiwan in 2012. With a legacy stretching over 14 years, it has been downloaded over 8 million times globally. According to its official whitepaper, the Genso metaverse is essentially a 'metaverse incarnation' of Elemental Knights Online, merging web3, RPG, and metaverse elements to create an engaging virtual gaming environment.

For more than 13 years, players have been crafting their own skins, characters, maps, and weapons. Now, in this GameFi iteration, all these elements will be registered on the blockchain, enabling them to be traded as NFTs. The focus is on migrating the existing MMORPG world to the blockchain, laying the foundation for an in-game economy.

The CEO of GensoKishi Metaverse is Maxi Kuan, who leads a team comprising more than 130 engineers and designers. He has experience in operating a blockchain startup in Japan and was previously affiliated with the Chinese blockchain media company Blockcast.it.

This development team has been creating online games and well-known MMORPG titles for over two decades.

As detailed in its whitepaper, the Genso metaverse is a blend of real-world elements and RPG fantasy. It's a space where users can engage with real estate, anime, arts, culture, entertainment, technology, e-commerce, and more, in both the real and virtual realms.

In this metaverse, LAND represents real estate that users can buy, sell, or lease to others. Players can also generate NFTs by utilizing materials they earn while playing GensoKishi Online. On their LAND, users can showcase digital art NFTs and organize private exhibitions.

Through GENSO, users can purchase e-commerce goods and have them delivered worldwide within the Metaverse. The Genso Metaverse offers a chance to explore digital replicas of real-world cities and famous landmarks, where visitors can sample local cuisines and find unique NFTs available only in those areas.

GensoKishi Metaverse is unique due to its distinctive ECO model, which integrates three core elements: economy, ecosystem, and economical aspects. Players can earn rewards by creating and distributing content, while also becoming part of a larger ecosystem.

Another standout feature is the Genso LAND & UGC & MALL, where users can develop and market original skins and items, design their own maps, and invite friends. The Genso Mall and Museum allow users to display and sell their NFTs at chosen prices.

The metaverse also boasts a dual-token economy model with two tokens: MV and ROND. MV is the primary token, used for staking, voting on metaverse policies, participating in auctions, purchasing exclusive items, and accessing other special activities.

ROND acts as the in-game currency, used to buy items from the virtual mall and museum, upgrade basic equipment, and join in-game events and activities.

The total supply of MV tokens is 2,000,000,000, distributed as follows: 560,000,000 for the Metaverse Ecosystem Fund; 240,000,000 for Marketing; 540,000,000 for Liquidity & Exchange Listings; 100,000,000 for Private Sale; 440,000,000 for the Development Team; and 120,000,000 for Advisors and Cooperators.

Currently, the circulating supply of MV is 95,883,191.04.

MV is an ERC-20 token on the Ethereum blockchain. The Ethereum network employs the Proof-of-Stake (PoS) consensus mechanism. Validators, who process transactions, must stake 32 ETH to take part in the consensus and validate transactions.

MV is available for purchase on several centralized exchanges including Kucoin, Kraken, Bybit, Gate.io, and others.

You can monitor the live prices of MV in real-time using the CMC mobile app.