The NeoWorld project is the first blockchain-powered virtual world. As of today, the NeoWorld has over 50,000 residents now from over 50 countries, with an average daily active users in the range of thousands.
NeoWorld project has a proprietary engine that allows user to design and build cities, together with other virtual residents. Tens of millions of buildings have been constructed over the last one year since we went live in 22 Jun 2018.
In addition, as part of the User Generated Content initiative, we are now allowing users to design buildings, structures, or mini-games in their private arena on their land. We have seen skyscrapers rising and amusement parks opening, with unparalleled imaginations. We will continue to work on the virtual world engine to empower users to unleash their creativity.
Blockchain technology and cryptocurrency played an important role in the development of the virtual world. A market-oriented economy is established with minimal official efforts since day one. The application of monetary policy tools has protected the virtual economy through its infancy, especially in the fickle crypto market environment.
We have also worked alongside with leading blockchain companies like NEO, Ontology, supernodes of EOS, etc. to further explore how blockchain technologies could apply. For instance, we have launched NEOLand in collaboration with NEO, where users could use NEO as an in-game currency, and NEO’s NEP5 blockchain technology is applied for other in-game features. EOSLand for one of the supernodes is also ready and we will have more of such collaborations coming.
NeoWorld project is a long-term undertaking and we will be updating our progress on a weekly basis. Information is available at http://blog.neoworld.io/ in both English and Chinese.