The Opportunity to Earn
It is our vision that someone who has never interacted with a blockchain before can download Versus on their phone/PC/console and enter within minutes. No wallets or purchases necessary.
Once in the Metaverse, they may explore and find that they enjoy to fish in Crustshore Bay and start catching fish. Over time their fishing skill will level up, allowing them to catch rarer and rarer fish. They decide to join a “fishing enthusiasts” club in-game to share tips and tricks on how to catch rarer fish! The player learns that these rare fish can be purchased by other players who need the resource as part of a recipe for an item they want to craft. So the player lists their rare fish on the global in-game exchange and another player purchases those assets for Versus Tokens.
Eventually this player earns enough Versus tokens to purchase a Cypher Pack. They acquire their first Cyphers and take some of their earnings to try their luck at the Battle Arena. There they enter a tournament paying a buy-in of Versus Tokens.
They win the tournament, earning more Versus Tokens. One of their competitors had a cool cosmetic that made their Cyphers look awesome! They have to have that too. So they take their Versus Tokens and purchase some skins from the in-game item shop. They also see that there are even more Cyphers with different affinities and skills that might better round out their 3D fighting team in the arena. So, they go to the global in-game exchange and buy a few Cyphers. The player might then join a guild to learn tips to better optimize their skills in the arena. One player in their guild gifts them blueprints to build a home! In their home they proudly display their tournament trophies and few prized fish in tanks.
The player decides to keep some of their winnings to continue playing tournaments, but want to cash out the rest. In-game they go into the menu and redeem the Tokens directly for local currency.
In this example, the player entered the Versus Metaverse assuming one primary value proposition: fun! They started with nothing and downloaded a free app. They had fun, joined guilds, made new friendships, completed several in-game purchases, won in-game tournaments and earned fiat.
They also had the peace of mind that their tokens had stable value since they are backed by fiat. There was no fear of sudden loss in value of their earned tokens. They, however, were not simply given tokens for their presence. They had to earn those tokens through their efforts and were given the opportunity to do so in Versus. This is the Versus Metaverse “Opportunity to Earn” model.