Hive Blockchain : Perfect for Metaverse
Did you notice how Polygon blockchain suffered during the transaction overloads due to the game called the "Sunflower Land" game? It was one of the games that made the entire blockchain suffer due to how developers misused the blockchain while handling transactions and other game activities. Now Polygon is not the only high-quality chain out there; there are many other options out there that can build a good chain for games and metaverse.
Hive is one of the excellent blockchains that can take care of the content, payments, transaction ledger, etc., all in it is blockchain. There are many games out there that have already started making use of the Hive chain. Splinterlands, drops, dcity, and a few others are making use of it. So here is one of the chains we can use for metaverse too. Like it can help with both rewards, content, and overall activities.
So why do I think Hive is a promising blockchain for gaming and metaverse?
Transactions & Speed on Hive
In the metaverse, you may find that people do the transaction now and then; in such case, they are going to be needing the chain that is cheaper and also super fast. Some of the time, lots of chains get slow and also messy due to the volume of the transactions we have to watch out for when it comes to such chains. Hive can handle a lot of enormous loads, and also, for the transactions, the fees are low.
Suppose you are planning to build on a chain where the transactions are low, and the load can be handled. Ethereum can do so much more, but they have the issue of the already clogged chain. The traffic is not something they can handle well. Polygon being a layer two solution of Ethereum, can do so much more, yet they also failed. So, some chains are not that fast and cheaper to build on.
This is where the Hive comes into the picture. You start with such a chain and then slowly build on such a chain for a promising future ahead. I have found out that some of the time chains like this can be good for both content, video, and gaming. For chains that want a token solution, there is also a hive engine where they can deploy the token for the funding.
Metaverse Assets on Hive
Almost every blockchain game and the metaverse requires some assets to be sold on the chain. This means having such a chain that can deploy the assets. Most of the metaverse have a dedicated NFT marketplace and also the token assets, which need a chain. Both of that can be done on theHivee. Moreover, they can cost less for the overall total of ownership. In that context, Hive is pretty strong in terms of value creation.
Some assets can be developed with some effort, and then, once deployed, the users can use them on their own. Also, once set up, the economy can run without much developer manipulation. This is something many metaverses are going to be thinking about in that context. When you have some of the infrastructure already laid out in this context deploying the solutions becomes easy.
This is where theHivee thrives as it offers the solutions for the chain. Moreover, another thing is that metaverse is built on the excellent infrastructure ofHivee; it can be beneficial for the community as it will not be going through Ethereum-like downtimes and also the transaction fee issues. One more thing about the asset is that metaverse can price them as they wish as the fees are negligible too.
Metaverse Needs Community
Every metaverse requires it is own token. Moreover, the community is built around the tokens and the assets. Those who are in the process of building the metaverse would appreciate having the existing community make use of the deployed solution. This kind of saves money and time on marketing, and initial growth is already there. So the Hive getting the new metaverses also saves them initial user growth marketing.
Communities need some incentives. So the hive communities making use of the Metaverse tokens and curation that earning them rewards on content would be another thing that would favor the metaverse that chooses to build on the Hive blockchain. I have learned from the experience that developing the community with its assets can make things easier as you save on a lot of community-specific work.
Hive has this part covered already. Deploying tokens, making a community, and having a tribe curation will not take much time. Some of the time, investing in the community pays off, especially if you treat a game or the blockchain metaverse as your future business. In that case, Hive is also a good choice for any metaverse and blockchain game long term.
What do you think about the Metaverse on Hive?
I feel Polygon, Ethereum, and Solana are overrated and will be more expensive for the gamers and the metaverse users. So investing in a chain likeHivee is a good option for the investors, developers, and the chain developers.
What is your opinion on having more blockchain games and metaverse on Hive blockchain?
Posted Using LeoFinance Beta
I have been to polygon. It seemed to be very productive but after some time I feel like we should rethink inventing there. I agree with some of your points that Hive is well polished for meta.
Let's see what happens.
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Hive is a terrific solution for some of the foundation and infrastructure for the metaverse. At this point, we have a lot left to build but we are on our way.
Understanding that decentralization is key, especially with data, then we can see how blockchain will be one of the chosen formats for database construction. For this reason, since Hive is more than just a ledger of financial transactions, we can see how it is more powerful than most.
Of course, it also is logical to believe that cryptocurrency will be the mechanism used for commerce. If that is the case, both $HIVE and $HBD have strong potential. The point of developing a strong stablecoin is something that we should take seriously.
Finally, everyone is focusing upon the way the metaverse will be accessed. However, we have no idea the evolutionary path this will take. What we do know is ownership is going to be vital. For that reason, Hive and projects such as Leofinance can be serious players as the next few decades unfold.
Posted Using LeoFinance Beta