The dVerse will host entertainment products focusing on
music and joy-filled games. These games incorporate a combination of the
Free-To-Play Games Market and the dynamism of the much newer NFT-based
Play-To-Earn Market, creating a new and unique genre, Free-to-Earn (F2E).
TAP is the first NFT project developed by Meta Music Studios
founder and game industry heavyweight, Steve Gray. The first batch of NFTs for
sale will be available by the end of the month.
TAP Stars, an avatar growing game, will be the first game
with the launch set for February 2022. Additional games will be introduced over
the next twelve months including: TAP Crews, TAP Karaoke, TAP Runner, and TAP
Capoeira. For more information, visit tap.live.
"I have been watching the metaverse for years as the
market developed, but now there is definitely a hot market opportunity and I'm
excited to create the new MusicVerse which will become a world for entertainers
and entertainment," said Steve Gray, Meta Music Studios CEO.
Today the metaverse is home to the newest blockchain-based
games which are on a fast trajectory, estimated to have a compound annual
growth rate of as much as 25 to 30 percent--three to four times the growth rate
of the traditional, and mature, games market.
The newly created ‘MusicVerse' mixes founder Steve Gray's
lifelong passion for music with his love of games. Gray spent years as an
executive at Tencent Games, the world's largest game company, where he
developed an innovative user and data-driven game design and development method
that helped Tencent Games grow from $500 million to $15.6 billion over the
course of eight years and popularized the Free-to-Play genre.
Prior to Tencent, Gray worked at other games companies
including Electronic Arts where he was executive producer of the Lord of the
Rings which had sales of more than $1 billion.
"Our innovative Free-to-Earn category will let the
elements of avatars, worlds and music come to life and all our tools and
services related to creating content will be free," Gray explained.
"The platform leverages the size, high production
values and game design ethic from F2P (free-to-play) games, but merges in the
ability of the community to participate financially in the success of the
products and their content."
In the new MusicVerse, music lovers and gamers will
discover, create, play and enjoy music and games. According to Gray, "Fun
is number one and great music will be at the core of everything we are
creating.
We will feature great virtual performances and concerts.
NFTs will fill the imagination space of the MusicVerse. We will deliver
dividends to the music industry from the metaverse."
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