Dotmoovs has released the beta version of the app, aiming for a full release in late 2021 and NFT engagement
[PRESS RELEASE – Please Read Disclaimer] The cryptocurrency space has witnessed many dominant trends in the last few years. From ICOs on the main stage in 2017, to decentralized finance in 2020, to NFTs this year. In recent months, play-to-earn applications have emerged and quickly become popular, allowing users to benefit from the real-world experience and in-app benefits. dotmoovs, a blockchain-based play-to-earn platform that aims to gamify sports, is trying to capture a large portion of this market. To this end, the project recently released its platform beta version and promised to release its application by the end of the year. …
Dotmoovs has released the beta version of the app, aiming for a full release in late 2021 and NFT engagement
[PRESS RELEASE – Please Read Disclaimer]
The cryptocurrency space has witnessed many dominant trends in the past few years. From ICOs on the main stage in 2017, to decentralized finance in 2020, to NFTs this year. In recent months, play-to-earn applications have emerged and quickly become popular, allowing users to benefit from the real-world experience and in-app benefits.
dotmoovs, a blockchain-based play-to-earn platform that aims to gamify sports, is trying to capture a large portion of this market. To this end, the project recently released its platform beta version and promised to release its application by the end of the year.
dotmoovs’ Beta Launch and NFT Collection
The platform, which allows users to compete with each other despite their physical location, released its app beta version earlier this year, which is still accessible via invite only. It also came with a collection of utility NFTs aimed at improving customers' gaming experience.
This collection, called “The Balls,” aims to blend the worlds of sports and blockchain as it allows users to play some of their favorite games on a transparent and user-friendly platform powered by DLT.
The company's roadmap shows that the full version of the application should see the light of day by the end of the year. Still, the team behind the project is committed to delivering it faster.
dotmoovs also wants to bring in a new concept called “sport mining”, which combines play-to-earn (which allows players to earn while playing) and staking. The latter allows people to earn money when they deposit specific tokens on a specific platform.
In this case, users can park dotmoovs’ native cryptocurrency – MOOV – in the application and earn new tokens for every transaction on the marketplace. Aside from decentralized exchanges like PancakeSwap and Uniswap, MOOV was also recently listed on the popular centralized trading venue BitGlobal (formerly known as Bithumb Global).
The new foundation
The popularity of the play-to-earn model has led dotmoovs to think about and develop a spin-off that could take it to another level. The project aims to bring the eSports world into the sports reality by transferring winnings to players, where the most experienced players will be given opportunities to earn rewards for their high level of commitment.
dotmoovs has decided to make its MOOV token and various NFTs available to the best athletes, allowing them to trade and monetize their assets in an in-game economy.
About Dotmoovs
Dotmoovs is the world's leading mobile crypto competition environment. The platform offers users the opportunity to compete with other users and showcase their ambition, smartphone and skills. By playing on their platform, players can win $MOOVs and NFTs.