BIB Meta to create NFT Series for FIFA World Cup 2022

Web technology has enormous developed over the years. The first iteration of the web was Web 1.0, which featured basic websites that provided a limited or static user experience. It is sometimes called read-only web.

Then came the second web version, Web 2.0, which provided a richer and more interactive user experience. It engaged with a larger audience and saw the flourishing of our current social media platforms like Twitter, Instagram, etcetera. Unlike web2, dominated by centralized platforms such as Google, Apple and Facebook, Web3 will use blockchain, crypto and NFTs to transfer power back to the internet community. Although there are elements of Web 3.0 currently available, it still has a long way to go before it reaches full realization.

However, given the booming cryptocurrency market and its decentralized applications, the market embodies a greater scope of future and imagination. In particular, Web3 is becoming a phenomenal opportunity on par with Bitcoin – a cryptocurrency widely adopted globally, even in developing African societies where it has recorded the fastest adoption rate. But there are still a few players in the Web 3 ecosystem, and even fewer are using it for extraordinary engagement.

One of the companies doing the latter is BIBa company that builds, operates and invests in Web 3 applications with its BIB Meta platform. Remarkably, BIB Meta will be the world’s first exchange with the Web3 ecosystem powered by the BIB token and vice versa. This is one of its competitive advantages.

Challenge existing practices in the Metaverse industry

Many decentralized ecological projects lack direct access to traffic and funding. For example, DeFi, NFT and GameFi are often independently operated in the ecosystem. So when users engage with the aforementioned, it is done through centralized trading platforms since depositing and withdrawing assets are integral parts of trading. These processes can be cumbersome and burden the user experience. BIB Meta is combined with BIB exchange to ease this stress so users can perform multiple actions on a decentralized system.

The issue of privacy and security has always been a problem in Web 2.0. Many technology companies such as Google and Amazon have already faced prosecution for violating users’ privacy in order to improve their products. It is good to know that Web3 has a natural advantage in protecting users’ privacy. For example, BIB Meta Web3 allows users to join the ecosystem without identity verification. All that is required is a cryptocurrency digital wallet that links to BIB Meta, so that users do not have to reveal personal private information such as email addresses, phone numbers and more.

Just like any other digital innovation, Web 3 is vulnerable to cyber attacks. Therefore, BIB Meta incorporates various security requests in its operation to protect user resources so that users can safely start their journey with Web3 with BIB.

More importantly, BIB champions the convergence of NFTs, DeFi and GameFi to address the lack of diversity in the decentralized Web3 ecosystem. BIB does this in many ways, and users can purchase BIB tokens for minting NFTs through token burning; NFT can be merged to upgrade the level, and an NFT with high stars can be used as a common node ticket for users to bet and earn attractive profits. The GameFi feature also offers multi-dimensional gameplay such as match prediction, penalty shootout, NFT team competitions, rally performance, etc.

In conclusion, BIB Exchange provides professional digital financial services to more than 2 million users worldwide with an average daily asset flow of more than USD 1 billion. Progressively, BIB works dedicatedly to be a terminus a quo for users to sail their journey in Web3.

All eyes on the FIFA World Cup

As we count down to the start of the FIFA World Cup, Qatar will host the global showpiece from November 21 to December 1 8, 2022, which will be the organization’s 22nd match. Fans of all ages are eager to see their favorite teams in action to battle for the championship.

During this year’s WC hype, BIB Meta will lead the way for Meta-Fi adoption by continues with a series of non-fungible tokens (NFT) to commemorate the 2022 FIFA World Cup. The NFTs are available to create, buy, sell and trade on the platform.

According to BIB Meta’s white paper, users can purchase the World Cup 2022 NFT series representing real-world players and pit them against each other in a variety of ways to win profits – part fantasy sports, part Magic the Gathering, part FIFA Ultimate Team on the blockchain. Moreover, the utility of BIB Meta’s World Cup 2022 NFT Series will allow users to connect to a global community and direct communication channels with their favorite soccer players, access to exclusive online and offline events.

Disclaimer: This is a paid post and should not be treated as news/advice.