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multiversx – RE3W.IO https://re3w.io Web 3 Gaming News Fri, 07 Apr 2023 19:54:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://re3w.io/wp-content/uploads/2022/06/cropped-6257123555f2839a6f5124cd_re3w-p-500-32x32.png multiversx – RE3W.IO https://re3w.io 32 32 Project Red, GTA-Style Web3 MMO, Releases New Whitepaper and Public Alpha https://re3w.io/2023/04/07/project-red-gta-style-web3-mmo-releases-new-whitepaper-and-public-alpha/ https://re3w.io/2023/04/07/project-red-gta-style-web3-mmo-releases-new-whitepaper-and-public-alpha/#respond Fri, 07 Apr 2023 19:54:17 +0000 https://re3w.io/?p=3309 Project Red, GTA-style web3 MMO, releases new whitepaper and public alpha.

Project Red is described as an open-world, 3D social hub built in the Unreal Engine with several sub-games, including the Blood Arena. Project Red is a mafia-themed game, with plans for player ownership of land and in-game businesses, as well as competition between groups for resources.

The game runs on the MultiversX blockchain (formerly known as Elrond). Project Red is currently only available on the PC. Players can create custom game avatars based on the traits of the NFTs they own. They can also earn EGLD tokens by playing.

Their new whitepaper outlines the team’s plans for growing Project Red into a larger virtual world with dozens of activities.

]]> https://re3w.io/2023/04/07/project-red-gta-style-web3-mmo-releases-new-whitepaper-and-public-alpha/feed/ 0 Holoride Is Bringing VR To Automobiles Through Audi Partnership After Successfully Launching $RIDE Token https://re3w.io/2023/01/10/holoride-is-bringing-vr-to-automobiles-through-audi-partnership-after-successfully-launching-the-ride-token/ https://re3w.io/2023/01/10/holoride-is-bringing-vr-to-automobiles-through-audi-partnership-after-successfully-launching-the-ride-token/#respond Tue, 10 Jan 2023 19:29:14 +0000 https://re3w.io/?p=2507 Holoride is bringing VR to the car through partnership with Audi after the successful launch of $RIDE token. Holoride uses artificial intelligence (AI) to analyze the car’s motion in real-time, combining that with the head movements of the wearer to smooth out the experience. 

The company has also added a metaverse element: Its platform is powered by a token, $RIDE, based on the MultiversX blockchain (formerly Elrond). The token incentivizes developers by acting as an in-game loyalty token with real value, and for users, it functions as a currency, portable across games compatible with Holoride as well as any future products that choose to integrate $RIDE into the experience.

Holoride’s “Motorverse,” spun out of Audi years ago, and while the hardware is new to the market, it’s been crafting the platform for a while. $RIDE launched at the end of 2021, and it’s since been listed on several exchanges: Gate.io, Bitstamp, MEXC Global, and the MutiversX decentralized exchange.

Nils Wollny is currently the CEO of Holoride. 

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