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NetVRk Announces New Blockchain-Based AI-Powered Metaverse

NetVRk introduces its AI-driven metaverse, powered by Unreal Engine 5, allowing users to build, interact, and monetize through advanced AI companions and web3 integration.

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Eliza Crichton-Stuart

Head of Operations

NetVRk Announces New Blockchain-Based AI-Powered Metaverse

NetVRk, a cross-platform metaverse integrating artificial intelligence (AI) and web3 technologies, has announced the alpha release of its virtual world-building platform. The platform leverages the advanced graphical capabilities of Unreal Engine 5 to offer an immersive and interactive user experience. This release aims to enhance metaverse engagement by enabling users to create, interact, and monetize within a digital ecosystem supported by AI-driven characters and blockchain-based assets.

NetVRk Announces New Blockchain-Based AI-Powered Metaverse

NetVRk Metaverse Cover Banner on X (Twitter)

AI and Web3 Integration

The centerpiece of NetVRk’s metaverse is its use of a language model (LLM) to create AI-powered non-player characters (NPCs). These characters are designed to exhibit emotional intelligence, interact dynamically with players, and even develop relationships over time. Unlike traditional scripted NPCs, NetVRk’s AI-driven companions have short-term and long-term memory, allowing them to respond in real time to their surroundings.

These AI companions are also non-fungible token (NFT) assets, giving users the ability to customize, trade, and own them within the game environment. This integration of AI and blockchain technologies helps NetVRk tackle a common issue within the metaverse space—user engagement. By offering unscripted and evolving NPCs, players are encouraged to explore a richer, more interactive environment.

NetVRk Announces New Blockchain-Based AI-Powered Metaverse

Play the Alpha October 25th-27th 2024

User-Generated Content and Monetization

NetVRk’s platform democratizes the creation of 3D experiences. Users can easily generate content using simple prompts or interface interactions, without needing advanced programming skills. This approach is designed to appeal to both gamers and creators who want to monetize their efforts within the metaverse.

From purchasing land to building virtual environments, NetVRk provides a limitless creation engine where users can develop anything, anywhere, at any time. In addition to generating content, players can earn money by interacting with AI companions and trading digital assets. The platform’s focus on user-friendly tools is intended to make content generation as intuitive as building structures in games like The Sims, but on a much larger scale.

NetVRk Announces New Blockchain-Based AI-Powered Metaverse

Discover Your Meta

High-End Graphics and Gameplay

NetVRk’s use of Unreal Engine 5 sets it apart from other metaverse platforms. By offering high-fidelity environments and detailed graphics, the platform aims to provide a visually stunning experience. Users can engage in various types of gameplay, from relaxing exploration aboard virtual yachts to high-action shooter experiences.

These diverse environments are tailored to appeal to different player preferences, creating a dynamic world where reality and imagination blend seamlessly. The metaverse will also host social experiences, such as virtual parties with celebrities and interactive competitions. This focus on both individual and group engagement highlights NetVRk’s commitment to creating a lively, immersive digital world.

NetVRk Announces New Blockchain-Based AI-Powered Metaverse

NetVRk Uses Unreal Engine 5 

Blockchain and GameFi Elements

At the core of NetVRk’s economy is its token-powered marketplace, where users can enhance their AI companions, customize personalities, and purchase digital skins and assets. The platform also incorporates GameFi (gaming and decentralized finance) elements, particularly in its multiplayer systems, which support cross-chain blockchain functionality. This play-and-earn model allows users to compete in various arenas while earning rewards in $NETVR tokens and NFTs.

While web3 is a key focus, NetVRk is also accessible to web2 audiences, broadening its potential user base. According to Michael Katseli, co-founder of NetVRk, the platform’s user interface is designed to be intuitive and accessible to those who may not have experience with blockchain technologies or advanced game development. Katseli describes the experience as similar to Fortnite, but on a much larger scale, where users can not only play but also monetize their activities in the virtual world.

NetVRk Announces New Blockchain-Based AI-Powered Metaverse

NFT Collections

Future Outlook

To further encourage engagement, NetVRk plans to host competitions and campaigns where players can showcase their interactions with AI NPCs on social media. Content that goes viral will be eligible for rewards, adding a competitive and community-focused layer to the experience. NetVRk’s AI-driven metaverse marks a significant advancement in the web3 and metaverse spaces, particularly with its focus on AI-powered NPCs and user-generated content.

Source: GamesBeat


Press Release

updated:

October 22nd 2024

posted:

October 21st 2024

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