Bullieverse launches NFT Marketplace, a groundbreaking eBay-style solution

22 August 2022 – London, UK

Bullieverse, an open-world 3D metaverse gaming platform running on Unreal Engine, launches its asset marketplace. This will allow Bullievers (community members) to buy and sell their origin NFT collection “Citizens of Bulliever Island” and in-game assets on their platform.

The Metaverse project (Bullieverse) has its Bull NFTs for sale on OpenSea, showcasing gaming experiences never seen before. After “Bear Hunt”, their first game that went live earlier this year with a “play-to-mint” feature, they are launching another NFT game, “Necrodemic”.

This makes Bullieverse the first Web 3.0 gaming platform to launch back-to-back NFT gaming blockbusters within a year. In Bear Hunt, each of the 10,000 COBI NFT collections were brought to life in-game as players play with their 3D NFT avatars, COBI BULLs.

Are primary NFT marketplaces the best solution for complete decentralization and IP protection of a Web 3.0 NFT-based project?

In 2013, eBay dominated marketplaces with a gross merchandise value (GMV) of $80 billion. But since then, specialized marketplaces have emerged in Etsy, Airbnb and Zillow, which have brought eBay’s valuation down to $30 billion.

This pattern also repeats itself with NFT marketplaces. We are moving away from generic marketplaces like OpenSea as specialized marketplaces with highly curated NFT collections start to emerge. It just doesn’t feel right to list a high quality generative art collection listed right next to a derived NFT collection.

Bullieverse, developer of a series of Web 3.0 games, is launching their highly anticipated asset marketplace. The newest marketplace from Bullieverse will allow the NFT community to buy and sell assets to participate in the Bullieverse ecosystem. But more importantly, there are several financial model elements that these assets will reflect that will only be functional in the internal asset marketplace.

For example, assets can increase the quality of their assets by participating in the economy. The process is referred to as “smoothing” of NFTs. These equalized NFTs accumulate value faster in the economy and are therefore valued higher in the secondary market. Yet generic platforms such as OpenSea do not offer ecosystem-specific features that allow asset holders to capture the value they have accrued through their efforts.

Srini Anala, co-founder and CEO of Noah Labs (creators of Bullieverse), said:

“We built a new type of marketplace that rewards the community for trading in-game assets. It saves costs and is tailored to the needs of our gaming community, while generating revenue for the Bullieverse DAO to grow the in-game economy.”

Bullieverse marketplace transactions will use BULL as currency, thus creating more utility for the BULL token, and as a result the entire ecosystem. Bullieverse clearly pioneers the disaggregation of Web 3.0 asset marketplaces by integrating financial model elements into it.

About Bullieverse

Bullieverse is an open metaverse where NFTs come to life through an immersive gaming experience built on the Unreal Engine. This ecosystem is constantly expanding, with new players joining the community, creating games and in-game assets that lead to fair incentives in line with the Web 3.0 ethos.

Through the Bullieverse DAO, Bullieverse will gradually decentralize to become a community-owned metaverse governed by the BULL token holders.

To learn more, visit the following links.

Twitter | Discord | Website

Consult

Srini Anala, CEO and co-founder of Bullieverse

Paras Babbar, Marketing and Growth of Bullieverse