Okex $10 Million Metaverse Development Initiative To Hasten Metaverse and Gamefi Projects On Okexchain.

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Out of the growing sectors in the NFT market, Metaverse Virtual Reality and GameFi projects are attracting a growing number of users as the concrete satisfaction provided by these services continue to attract diverse segments of the population.

Game Defi has evolved; users can play and earn profit at the same time. The games are retailed in native tokens of the Defi and winners also earn and redeem profits in the native cryptocurrency. Here, Axie infinity AXS ( retail token SLP) and Steph Hero HERO( retail token STEP) are taking the lead.

Okex GameFi Supports Step Hero

Okex Blockdream Ventures, the venture capital division of Okex Group extensively supports Step Hero fantasy games with capital and resources that Step Hero needs to become an enviable industry player. Okex is bringing “top-notch resources, industry experience, and suggestions to support #StepHero development,” according to the Step Hero acknowledgement tweet. Okex is availing array of it’s services to the Fantasy-themed RPG game.

The Step Hero game is a Role-Playing Game in which users advance through story plots as characters. Their missions are fighting against the villains in battles while buffing their energy by collecting earning money in (STEP Coins) and upgrading their characters.

“BUILD IN METAFORCE.”

Metaverse is an immersive virtual space that smoothly combines planned elements with spontaneous components, all influenced by a community of engaged users.

The growing metaverse space has received financial and moral resources from Okex.

On course is the ongoing Okex Metaverse hackathon project, themed “BUILD IN METAFORCE”.

OKEx Blockdream Ventures — coordinating with Animoca Brands, Yield Guild Games and other top global partners are holding a hackathon with the above theme starting on Aug. 26. The winning team will receive $1 million in funding as well as additional support from OKEx, such as advanced listing and promotional marketing. For questions about participation in Hackathon, please feel free to contact the organizing committee via email: gamefi@okex.com

OKEx will provide fast listing and marketing channel support for outstanding OEC-based GameFi projects.

OKEx believes that with the continuous development of the metaverse, an immense new ecosystem of gaming and virtual spaces is emerging. OKEx will leverage its leadership in the blockchain industry to provide comprehensive support and quality experiences for the majority of games teams and users through top-notch technical products, capital and services. More details will be announced in the coming days.

Currently Listed Metaverse & GameFi Projects on Okex.

SLP Token: A token that can be used to breed new digital pets in Axie infinity

REVV Token: the main utility token and in-game currency of the branded motorsports games produced by Animoca Brands.

YGG Token: a play-to-earn gaming guild, bringing players together to earn via blockchain-based economies.

AXS: governance token for the Axie Infinity game. Token holders will be able to shape and vote for the direction of the game universe.

WNCG: decentralized RPG network with

1:1 NCG backed #ERC-20 token.

About OKEx:

A world-leading cryptocurrency spot and derivatives exchange, OKEx offers the most diverse marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks.

We provide spot and derivatives trading — including futures, perpetual swap and options — of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.

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