Yuliverse, the popular MMORPG AR game, has announced the launch of a trendy wearable ring called Moonring, which combines GameFi+DePIN gameplay. This innovative project is a refreshing addition to the popular DePIN trend in the crypto world.
Yuliverse is a city-themed AR game that focuses on “Explore to Earn” and “Social to Earn” gameplay. It offers a unique social environment for players, combining AR scenes similar to Pokemon Go with real city maps for exploration. By wearing the Moonring, players can unlock specific games and earn profits in the form of on-chain assets from activities such as sports and sleep.
Yuliverse has achieved significant progress, with a daily active wallet count of 140,000, ranking first on Polygon. It is also among the top five blockchain games on DappRadar and the top three in Japan. Additionally, Yuliverse ranks first in NFT trading volume on the BSC platform in 2023, with a trading volume exceeding 120,000 BNB. Through its collaboration and integration with the OKX wallet and market, Yuliverse has brought over 50,000 new users to the OKX wallet.
Unlike other DePIN platforms that focus on B2B bandwidth and computing power, Yuliverse’s Moonring is an innovative DePIN wearable device for consumers. It offers a synchronized experience with the game’s activities and aims to become a future AI life assistant for humans. This combination of innovation and integration creates a new experience in the world of Yuliverse.
The Moonring project plans to release 10,000 rings worldwide, with the first phase of casting starting on June 12. The whitelist pre-sale event will be held from May 27 to June 26, 2024. Users can participate and get on the whitelist through various methods and activities to acquire the Moonring.
Yuliverse, founded in 2022, has gained a large following with over 300,000 Discord members and over 950,000 Twitter followers. The game draws inspiration from Pokemon Go and Hearthstone, offering players a rich storyline and the opportunity to earn in-game tokens $ARG and $ART through role-playing missions. Players are tasked with purifying Terra by moving to specific locations to earn resources and improve their Yuli’s level and efficiency. In the process of Terra energy conversion, players can also collect puzzle pieces from other memories in the world to obtain valuable treasures.
As Yuli NFT holders, players gain access to rare resources, items, special gameplay modes, and privileges, allowing them to profit from $ARG, $ART, and breeding (excluding prototype Yulis).
Furthermore, with the location-based matching mechanism and team cooperation in the game’s copy mode, players can easily find like-minded friends in real life.
Moonring offers a DePIN experience in the form of mobile treasure hunting. It collects and analyzes data within the Yuliverse game scene, focusing on purification/battle events. Moonring enables automatic completion of Yuliverse’s purification/battle/events when worn, with a chance to receive additional game rewards and unlock new Yuliverse DePIN gameplay.
Moonring will have a rich ecosystem within Yuliverse. It will introduce the Moonring Points system, which offers various ways to earn Moon Points. Once users have acquired the Moonring, they will receive a daily allocation of Moon Points based on their Moon ID, which is used during wearable activities.
Additionally, Moon Points can be used to obtain specific pets and participate in Moon adventure gameplay.
Moonring is not just the first Web3 cultural wearable, but also an intelligent DePIN terminal for game treasure hunting. It symbolizes the promising future of DePIN’s ecology, where individuals can control their own behavioral data and assetization rights. It also represents the “eternal” desire for Project Katharsis in the Yuliverse story.
It is worth noting that each Moonring directly receives a generous $ART airdrop. Moonring holders receive an airdrop of 24,000 $ART, equivalent to 0.2 ETH for 24,000 tokens, with each token valued at approximately $0.02.
GameFi+DePIN gradually realizes data commercialization. The Yuliverse team, led by CEO Chris.F, who has over 20 years of gaming expertise and has been ranked first in Hearthstone globally more than 10 times, has garnered support from investment institutions such as LIF Capital, Animoca Ventures, Spyre Capital, Presto, 2 Punks Capital, G-20, and Hong Kong Cyberport.
In addition to the gaming field, Chris.F brings his wealth of experience as an investment banker with 8 years of professional experience, having handled 50 IPO cases. He specializes in financial advisory, operations, team building and incentives, and business development.
Co-founder and CTO Ben.Z, as the head of a Web2 network AI lab, is proficient in artificial intelligence, image processing, VR/AR, data mining, and LBS technology. He has developed several AI applications with millions of users.
With their combined experience, the Yuliverse team has made innovative improvements based on location-based game data.
Specifically, Moonring will use Behavior Network’s data encryption technology to store specific data generated during wearable activities (gaming, sports, health, sleep, etc.) offline on the device itself. This ensures the security of user data, as it cannot be accessed by other software or networks. Furthermore, users can monetize their data.
In the future, users will be able to map their data into on-chain asset formats through the Behavior Network, allowing them to sell and profit from their encrypted data. The on-chain assets are anchored solely to the Moon DID, ensuring privacy and anonymity during asset conversion. Buyers who purchase the corresponding on-chain assets of the data can access the purchased data in the distributed nodes after verification.
Additionally, Moonring will serve as an AI health assistant for players, providing unique data analysis on exercise, health, and sleep to promote user well-being and safety.
Traditional Web2 games and services often access user data in a centralized manner, requiring significant costs for companies to acquire this data. Moonring breaks this limitation by leveraging Web3 technology, ensuring user privacy, and solving the problems of centralized data monopolies and non-standardized pricing. It also enhances fairness and transparency in data utilization.
Due to its innovative and competitive data processing technology, Moonring can store and mine valuable life data. In the future, it may provide decision-making support for urban planning. For example, Moonring could provide insights and predictions on human traffic for city planning, helping city administrators make informed decisions.
Moonring unlocks the potential of wearable devices in Web3 games. While other wearable devices such as smartwatches, earphones, and bracelets have their own advantages and disadvantages, a smart ring like Moonring has significant advantages in terms of user habits. Users can wear it without frequent removal, even during activities like bathing or sleeping, and it has an impressive battery life, only requiring charging once a week.
Building upon these advantages, Moonring further enhances the user experience. Compared to the Oura Ring, which costs around $200-300, and smart rings from Apple and Samsung, Moonring offers a more affordable price, making it more accessible to a wider audience.
The whitelist event for Moonring is now open, and the Moonring pre-sale whitelist event will be held from May 27 to June 26, 2024. The price of Moonring is 0.32 ETH, and participants in the pre-sale whitelist event can enjoy early bird discounts. The whitelist is divided into Golden Whitelist (guaranteed allocation) and Regular Whitelist (upgradeable to Golden Whitelist through a lottery).
Players can join the Moonring whitelist through various channels, including participating in Twitter events organized by partner projects, participating in Twitter events hosted by partner KOLs, participating in events organized by Yuliverse Discord, and participating in whitelist events launched on the Moonring official website.
In traditional Web2 games, the integration of smart rings with gameplay is relatively rare. Moonring, through its combination of DePIN and games, creates a creatively unique smart ring. This innovation adds freshness and interactivity to the gaming experience and showcases the potential of smart rings in the Web3 gaming industry.
This article is a collaboration and has been republished from PANews.