Messaging and Trading App for NFT Metaverse Era!

Facebook’s renaming of Meta and the announcement of its strategic axis to become a Metaverse company sent shock waves through the tech community. Metaverses are already considered the next big leap in technology and potentially much 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” in a digital universe. These users will be looking for a messaging and commerce solution within the metaverses, something the Secretum app has to offer.

The game industry and Metaverse are on the rise

The gaming industry is already leading the Metaverse era with significant success and combining it with the advantages of Blockchain technology. Games like Axie Infinity and The Sandbox transform in-game assets into Blockchain-based NFTs that have real economic value and can be traded and/or held for long-term appreciation. The use of NFTs in game metaverses has resulted in an unprecedented explosion in player spending and NFT values:

• Axie Infinity generates $2.7 billion in annual revenue, mostly from NFT character sales, with an in-game currency with a market cap of over $9 billion.
• The Sandbox, a virtual world development game, saw NFT land sales increase over 1600% in 2021 with sales of over $3 million per day.
• LitCraft Nysperience’s limited-time NFT launch sale has raised $2 million in less than two weeks.

The overall NFT market also remained solid, breaking new records in 2021:

• NFT sales to date exceed $9 billion in 2021, growing more than 25 times over 2020’s total sales of $340 million.
• “Everydays – The First 5000 Days” sold for $69 million at an NFT, Christie’s auction in March.
• Sales of NFT trading platform OpenSea reached $14.6 billion.

NFT Metaverse Gaming – Increasing success, increasing difficulties

An innovative Blockchain startup has created an unprecedented Solana-based solution to allow secure and low-cost NFT trading and P2P communication – Secretum. Secretum can help solve the new challenges posed by the proliferation of NFT game Metaverses for players and NFT traders alike:

• High fees – More than 80% of all NFTs are based on Ethereum standard Blockchain tokens (ERC-20, ERC-721 or ERC-1155). Every NFT transaction comes with a “gas fee” as each token needs a certain amount of power to be produced. The fee averages 5.23% and places a significant burden on traders and players.
• A corrupt market – While a number of NFT trading platforms are working (Opensea, Rarible), they are not helping NFT Metaverse players find specific NFT game assets. Liquidity is therefore artificially limited, slowing the expansion of Metaverse ecosystems.
• Cryptocurrency insecurity – Gaming NFTs are already worth more than $10 billion. As crypto thefts happen frequently and grow in size, players need to find a way to keep their NFT safe and be able to trade and communicate with other players in complete security.

Secretum – Messaging and NFT trading solution to empower Game Metaverses

Secretum is a fully encrypted P2P messaging and OTC crypto trading application based on the innovative Solana Blockchain. It offers Metaverse players and NFT traders unrivaled features and benefits:

• It offers fully P2P trading of NFT and other crypto assets via an escrow smart contract function, with users being able to find NFT assets belonging to other wallets. This creates an NFT trading ecosystem for game Metaverses, where games can meet and trade in-game assets at minimal cost – Solana’s average transaction fee is just $0.00025, and Ethereum costs 100 times that.
• It offers anonymous registration and messaging with any wallet holder in the world based solely on wallet address – ideal for being a communication tool for Metaverse communities.
• High-security NFT storage in a network of distributed nodes eliminates a central point of failure and the risk of crypto theft. This encourages more game NFTs to be stored at Secretum and creates a larger trading market.
• It offers an NFT trading platform built for scale, thanks to Solana’s capacity to process 700,000 transactions per second, 40,000 times more than Ethereum.
• Solana offers cross-chain compatibility with Binance Smart Chain and Ethereum. Ethereum accounts for the vast majority of Metaverse gaming NFTs. This will make it easier for Secretum to enter the NFT gaming market from the day it was released.

Most online games rely mostly on their team of players, as they have communities of over 50 million users. Secure communication is a key element for the smooth running of the game. 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 way. Secretum’s ultimate goal is nothing more than to be the go-to application for all Metaverse NFT trading and game communication. As the era of Gaming Metaverses begins, Secretum is positioned from the very beginning to leverage its strong growth and future expansion.

Disclaimer: This is a sponsored content and press release, and what is written here does not reflect the views of the Kriptokoin.com team. In leveraged transactions and crypto money investments, the high risk of loss must be taken into account, extensive research should be done before investing in any platform. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!