Secretum – The Messaging and Trading App For The NFT Metaverse Era
30 Diciembre 2021 - 11:01AM
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Facebook’s name change to Meta, and the announcement of its
strategic pivot to becoming a Metaverse company, have sent
shock-waves through the tech community. Metaverses are already
considered to be the next technological great leap forward, and
potentially far bigger than the internet revolution. They can be
defined as a combination of multiple elements of technology,
including virtual reality, augmented reality, and video where users
“live” within a digital universe. These users will be looking for a
messaging and trading solution inside the metaverses, something
that Secretum could offer. The gaming sector is already pioneering
the Metaverse era with significant success, and combining it with
the advantages of Blockchain technology. Games like Axie
Infinity and Sandbox turn in-game assets into Blockchain-based
Non-Fungible Tokens (NFTs), which hold real economic value and can
be traded and/or held for long-term appreciation. The use of NFTs
in gaming metaverses has resulted in an unprecedented boom in
player spending and NFT values: Axie Infinity is generating $2.7
billion in annualized revenues, mostly from NFT character sales,
with an in-game currency having a market value of over $9 billion.
Sandbox, a virtual world development game, saw its sales of NFT
land plots surge by over 1,600% in 2021 with sales of over $3
million per day. LitCraft Nysperience’s limited-time NFT launch
sale raised $2 million in under two weeks. The overall NFT market
has also remained robust, with new records being set in 2021: To
date in 2021 NFT sales have surpassed $9 billion, a more than
25-fold growth over 2020’s total sales of reached $340 million.
Digital artwork “Everydays — The First 5000 Days,” sold for $69
million at a Christie’s auction in March. Sales of NFT trading
platform OpenSea reached $14.6 billion. NFT Metaverse Gaming –
Growing Success, Rising Challenges An innovative Blockchain startup
has created an unprecedented Solana-based solution to allow secure
and low-cost NFT trading and P2P communication – Secretum. Secretum
could help solve the new challenges to gamers and NFT traders alike
that the proliferation of NFT gaming Metaverses is bringing: High
Fees – Over 80% of all NFTs are based on Ethereum-standard
Blockchain tokens (ERC-20, ERC-721 or ERC-1155). Since each token
needs a certain amount of power to be generated, each NFT
transaction comes with a so-called “gas fee”. The fee comes to an
average of 23%, constituting a significant burden on traders and
players. A Broken Market – Although a number of NFT trading
platforms are operating (Opensea, Rarible), they do not help NFT
Metaverse gamers find specific NFT gaming assets. Liquidity is
therefore artificially limited and slows down the expansion of
Metaverse ecosystems. Crypto Asset Insecurity – Gaming NFTs are
worth more than $10 billion As crypto thefts are becoming more
frequent and bigger in size, gamers need to find a way to keep
their NFTs safe – and be able to trade and communicate with other
gamers in complete safety. Secretum – The Messaging and NFT Trading
Solution To Power Gaming Metaverses Secretum is a fully-encrypted
P2P messaging and OTC crypto trading app, based on the innovative
Solana Blockchain. It offers Metaverse gamers and NFT traders
unrivaled features and benefits: Fully P2P trading of NFT and other
crypto assets via an escrow smart contract functionality, with
users able to locate NFT assets owned by other wallets. This
creates an ecosystem of NFT trading for gaming Metaverses, where
games can meet and trade in-game assets at a minimal cost –
Solana’s average transaction fee is only $0.00025, beating
Ethereum’s cost by a factor of over 100x. Anonymous registration
and messaging with any other wallet owner in the world, based only
on wallet address – ideal for becoming the medium of communication
for Metaverse communities. High-security NFT storage on a network
of distributed nodes, eliminating a central point of failure and
the risk of crypto theft. This incentivizes the storage of more
gaming NFTs on Secretum, in turn creating a larger trading market.
An NFT trading platform built for scale, thanks to Solana’s
capability of processing up to 700,000 transactions per second,
40,000x more than Ethereum. Solana’s cross-chain compatibility with
Binance Smart Chain and Ethereum, the latter constituting the vast
majority of Metaverse gaming NFTs. This will facilitate Secretum’s
penetration of the NFT gaming market from the day of launch. As
many online games have communities of over 50 million users mostly
rely on teams of players, secure communication is a key element to
make gameplay run smoothly. In NFT Metaverses, players will both
communicate and exchange NFT assets to enhance their gaming
capabilities. Secretum offers a single solution to solve both
market needs, in a user-friendly, inexpensive, and secure manner.
The final goal for Secretum is nothing less than becoming the go-to
app for all Metaverse NFT trading and gaming communication. As the
era of gaming Metaverses dawns, Secretum is positioned to leverage
its powerful growth and future expansion from the very start.
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