Farming in the Metaverse is now becoming a reality with MetaRising, a South Korea-based crypto initiative that merges real-world farming with the virtual realm, leveraging blockchain technology.
The indoor agricultural applications sector is projected to reach a substantial volume of $24.8 billion by 2026, and the blockchain ecosystem anticipates a significant contribution from the metaverse to this growth.
The innovative project by MetaRising capitalizes on the popularity of indoor farming practices in South Korea, transforming them into virtual experiences through the integration of metaverse and blockchain technologies.
As the demand for sustainable and efficient applications in indoor agriculture continues to rise, MetaRising aims to use blockchain to support the global agricultural economy while offering users the opportunity to achieve additional savings.
In contrast to other Metaverse games, MetaRising stands out as a pioneering GameFi project centered around agriculture. Users can earn passive income by engaging in the game, a unique feature not commonly found in similar Metaverse projects.
The startup emphasizes its commitment to connecting the virtual experience to real-world agricultural services. The MetaRising project, anchored on the SeedBox platform, is actively developing the Microtuber project—a crowdfunding platform dedicated to the buying and selling of agricultural products.
Certified by the United Nations as a global seller
Highlighting the concentration of the global seed industry in the hands of a few genetically modified seed producers, the project team emphasized that farmers often find themselves reliant on exorbitantly priced seeds.
The Microtuber crowdfunding platform, originating in 2019 and dubbed the ‘semiconductor of agriculture’ due to its added value, seeks to leverage blockchain technology to break free from monopolies and tap into the expansive $80 billion global seed market.
As MetaRising, we are at the forefront of the Microtuber project, pooling our expertise and resources. Our focus revolves around addressing crucial issues such as food supply, carbon emission reduction, and climate change prevention.
As a testament to our commitment, the MetaRising project is entitled to receive the global seller certificate issued by the United Nations in the crypto market.
Able to support real-world agriculture with a ‘play to win’ model
MetaRising officials have emphasized that the project introduces a Play to Win (P2E) model, enabling users to earn additional income by validating their tokens and winning prizes. This innovative approach not only allows users to support agricultural products but also ensures a passive income stream within the MetaRising ecosystem.
In this comprehensive ecosystem, MetaRising integrates various real-world elements such as farming, fishing, mining, land ownership, games, and a guild system. Through these features, users are provided with diverse opportunities to generate income through verification processes.
It’s important to note that the seed market demands a high level of expertise, and investments in this market may take time to become profitable. The MetaRising project acknowledges the complexity of the seed market, highlighting the need for careful consideration and expertise in navigating this industry.
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