The Open Space

The Open Space: A Metaverse Play-to-Earn Game – Technical Review

Abstract:

“The Open Space” is an ambitious metaverse play-to-earn game combining elements of science fiction, economic simulation, and blockchain technology. The game immerses players in a vast digital universe where they can explore planets, complete quests, interact with other players, and earn real-world value through in-game assets. These assets are represented by cryptocurrencies and NFTs secured on the WAX blockchain, allowing players to buy, sell, and trade items, currencies, and other digital assets.

This review aims to explore the game’s design, technologies, mechanics, and how it uses blockchain to create a transactable economy, highlighting its advantages and the future potential of “The Open Space” as a metaverse platform.

Introduction:

“The Open Space” is a play-to-earn metaverse game designed for players to interact in an expansive digital realm. The game integrates economic simulation with the play-to-earn model, where players can earn real-world value by engaging in various in-game activities. These activities include exploration, trading assets, completing missions, and collaborating with other players.

The game’s assets are powered by blockchain technology, ensuring that in-game currencies and NFTs (Non-Fungible Tokens) are secured and transactable. Players earn in-game rewards, which can be converted into real-world currency via exchanges. This use of blockchain ensures transparency and immutability in the in-game economy, making it an attractive option for players seeking both entertainment and income.

“The Open Space” runs on the WAX blockchain, which is optimized for gaming applications and provides fast, secure, and cost-effective transactions. The EOSIO protocol ensures smart contract functionality, allowing seamless automation of in-game actions such as purchases, trades, and asset transfers.

Game Mechanics:

Core Gameplay:

• Players can explore various planets within the game, each offering unique missions, quests, and adventures.
• The play-to-earn model allows players to earn rewards through in-game actions such as gathering resources, completing missions, or engaging in player-to-player trades.
• Assets in the game are represented by two main forms: $DMATTER (token) and NFTs.

$DMATTER Token:

• $DMATTER is the main in-game currency used for transactions, allowing players to buy, sell, and trade assets within the game.
• The total supply of $DMATTER is fixed at 1 unit, and it is traded on Alcor.Exchange.
• The market capitalization of $DMATTER stands at $97,163.13 as of the latest update.

NFTs:

• Non-Fungible Tokens (NFTs) represent customizable items, tools, and land within the game. These NFTs are unique and can be bought, sold, or leased.
• NFTs add an additional layer of ownership and scarcity to the game, providing players with tangible assets that can appreciate in value over time.

Blockchain Integration:

• The game leverages WAX blockchain for secure asset transactions, with a special focus on gaming applications.
• Operating on the EOSIO protocol, the platform uses smart contracts to manage in-game activities and automate transactions.

Technologies & Development:

• Blockchain Platform:
  “The Open Space” utilizes the WAX blockchain, which is particularly tailored for gaming applications, allowing for fast and cost-efficient transactions. The WAX network also facilitates seamless interaction with external exchanges to convert in-game assets into real-world currency.
• Smart Contracts:
  Smart contracts are a crucial element, automating the in-game economy, asset transfers, and player interactions. These are coded in C++, a widely used programming language for blockchain-based contracts.
• Game Engine:
  The game is developed using the Unity 3D engine, which supports high-quality graphics and provides a smooth, interactive user experience. Unity’s flexibility also allows for easy deployment across multiple platforms, including web browsers.
• Tokenomics & Supply:
  • $DMATTER Token:
    • Total Supply: 1 unit
    • Market Capitalization: $97,163.13
    • Listed on Alcor.Exchange.
  • NFTs:
    • Represent items, tools, or land that can be bought, sold, or leased.
    • Unique in-game assets that can be crafted, traded, and personalized.

Recent Updates & Results:

• Launch & Updates:
  The game officially launched on June 6, 2022, and has continuously evolved with major updates, including Ecoverse 3.0, released on August 30, 2023. This update transitioned the game from pixel-art visuals to realistic 2D graphics and menus, enhancing the overall player experience.
• Player Base & Market Capitalization:
  As of the latest data, the game has an active player base of around 120 individuals, and the market capitalization of $DMATTER has surpassed $97,000. NFTs within the game are valued at over $3,000, indicating a healthy in-game economy.
• In-Game Economy:
  The game’s in-game economy has seen a solid foundation, with active trading of $DMATTER tokens and NFTs. Players are actively participating in various activities, including resource gathering, trading, and completing quests, which all contribute to the dynamic and evolving ecosystem.

Disclaimer & Risks:

It is crucial to understand that participation in “The Open Space” comes with inherent risks. While the game offers opportunities for players to earn real-world income, the development team does not guarantee any financial returns or profits. All in-game activities, including the trading of assets or tokens, involve potential financial risks, and users should exercise caution and conduct thorough research before engaging in the game or any related activities.

The development team also disclaims any liability for losses or damages resulting from participation, and players are solely responsible for their actions, investments, and decisions. It is advisable to seek independent financial advice before making any substantial investments in the game or its ecosystem.

“The Open Space” represents a promising fusion of blockchain technology, metaverse exploration, and play-to-earn gaming. With its use of the WAX blockchain, high-quality graphics via Unity 3D, and a vibrant token economy driven by $DMATTER and NFTs, the game offers players a new and exciting way to earn while playing.

As the game evolves, its in-game economy, asset trading, and player interactions will continue to develop, potentially paving the way for a larger metaverse ecosystem where players can engage in meaningful ways, earn real-world value, and enjoy a diverse range of activities.