Realital Metaverse

Realital Metaverse

RETA
$0.125286589%-0.37

Key Metrics

Price$0.125286589
Real Volume (24H)$2,817.89
MarketcapN/A
Fully Diluted ValuationN/A
ATH$1
ATH Date7/13/2022, 4:52:12 PM
ATL$0.13345
ATL Date5/22/2022, 2:41:37 PM
Circulating SupplyN/A
Total Supply30M
WebsiteN/A
WhitepaperN/A
Popularity Rank11955
Chart
What is Realital Metaverse?

Realital Metaverse (RETA) is a platform for building a sustainable Play-to-Earn (P2E) model and games that use it. The P2E system is the core of the metaverse, but it must be persistent to have real value. To achieve this, there must be a way to keep paying P2E rewards to players, which requires continuous capital investment. Realital Metaverse redistributes the revenue generated by the game to P2E players and RETA holders, ensuring that profits from increased consumption in the ecosystem are shared between the company, users, and RETA holders. RETA is the governance token of this system, and the ecosystem is called Retaverse.

Unlike many P2E ecosystems, Realital Metaverse values its token holders and recognizes the importance of governance tokens in ensuring the sustainability of the P2E ecosystem. $RETA is the governance token of the ecosystem that runs on the Binance Smart Chain (BSC). RETA holders play a critical role in the ecosystem, gaining true governance value by directly sharing in the benefits of the ecosystem cycle.

Reta Wars is the first game in the Retaverse ecosystem, offering an exciting P2E experience to players. It's a Play-to-Earn game where players battle against an enemy faction daily to win more rewards. Players can choose between two factions and use the NFT heroes they collect to earn money by digging for resources. Alternatively, players can support their factions in war for greater profits.

All war procedures in Reta Wars are conducted through voting among faction members. Resource prices and profitability vary depending on the success or failure of the war. It's like two Decentralized Autonomous Organizations (DAOs) playing a war game to increase each other's profitability.

Realital is a company founded by Lee Jungpyo, a former Tencent full-stack developer, and a team of developers from Netmarble (Seven Knights 2) and Vespa (King's Raid). Lee and his team realized that implementing a smooth and organic P2E model that redistributes corporate profits to users was challenging to achieve with existing company's BM view. Therefore, they established the company to start from scratch and follow the paradigm that aligns with their vision. In December last year, they successfully completed the private sale and began development in earnest. Realital has its headquarters in St. Vincent Grenadines and a development office in Seoul, Korea. They are currently preparing for service.

Realital Metaverse is a promising platform for building a sustainable P2E ecosystem with RETA governance token. The ecosystem offers a unique P2E experience with Reta Wars, the first game in Retaverse. RETA holders play a crucial role in the ecosystem, gaining governance value by directly sharing in the benefits of the ecosystem cycle. As the company prepares for service, it will be interesting to see how Realital Metaverse evolves and how players and RETA holders will contribute to the ecosystem's growth.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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