When NFT Worlds rebranded to Topia, they also relaunched their World NFTs, and paused their NFT staking feature. But things are starting to come together for the Topia team, and they are ready to restart their staking program!

Staking Worlds for TOPIA Tokens

The Topia World staking program launches on June 14th. This incentive-based system rewards World owners with TOPIA tokens for holding and locking their NFTs. Tokens are distributed on a daily basis, proportionally among all the stakers. And as added bonus for early adopters, Topia will distribute an extra tokens among all of those who stake a World within the first 72 hours of the site going live. 30 million to be exact! With only 10,000 Worlds available, that’s a guaranteed minimum of 3,000 tokens per land — though the actual numbers will likely be much higher!

And for everyone who had an unclaimed balance from the previous staking system, no worries! That remaining balance will convert into claimable TOPIA tokens, accessible from the World Management page. Additionally, everyone who was already staking when the system was paused, will also receive a backpay of staking rewards for the month that the site was closed.

Those who still holding the deprecated WRLD tokens can migrate them via https://www.topia.gg/convert-wrld (note: the WRLD tokens must be on the Ethereum mainnet to swap). Liquidity pools and staking system for TOPIA should be live sometime soon.

Topia also recently introduced the first version of the governance proposal system. Token holders can create and vote on proposals via the governance page.

What is Topia?

Topia is a collection of virtual worlds, each of which can be customized, managed, and monetized by their owner. The game features a Minecraft style feel and gameplay with improved graphics.

Topia already has an Armory feature available. This is kind of a mini-world, wardrobe feature. The Armor allows players to preview their avatar appearance while running and jumping in a small game space. Owners of NFT Worlds and Gray Boys avatars can already see their NFTs the Armory.

Billed as a better, web3 version of Minecraft, Topia will include an in-app marketplace, wallet-free logins, support for custom content and tokens, the ability to play in a browser, and plenty more! They are also very focused on creating a set of developer tools that fully meet the needs of those creating the custom content. Topia expects to launch in late 2023.

To learn more about Topia Worlds, visit their website, follow them on Twitter, and join their Discord.

The post Topia to Restart World Staking appeared first on Play to Earn.

If you just want to jump right into the official documentation for Topia you can access that here (https://docs.topia.gg/docs).

The newly released docs have quite a bit of information. But there are three key points — Topia World NFTs, tokenomics for the TOPIA token, and how it all fits together into the upcoming Topia chain.

Topia Worlds

The World NFTs were the core of NFT Worlds and they are the core in Topia as well. World owners will be able to customize not only the appearance of their world, but also setup world rules and create custom content. They can also monetize their game world via entry fees, selling unique content and customizations, tournaments, and that sort of thing.

Prior to their shutdown, NFT Worlds had a number of verified builders that were available to hire for those without the time and/or skills to customize their worlds. It’s likely that we will see a number of similar services available for World owners with Topia.

Tokenomics

The new token, TOPIA, should launch this month (May 2023). There will be a token transition from WRLD to TOPIA. The team will open a swap page once the new token is ready, allowing WRLD holders to swap 1:1 for TOPIA tokens. This feature will be available for tokens on both Polygon and Ethereum.

TOPIA has a limited supply of 5 billion tokens and will be used to pay for network fees. It also serves as the governance token for the system. Holders will be able to vote on community proposals.

Topia will include a staking system, open to everyone. However, this system also powers a TOPIA token faucet for World owners. Owners can stake their own TOPIA tokens, and receive a steady drip of tokens from the faucet which they can then use to distribute to players in their game as rewards. Token staking also offers periodical rewards such as NFT lootboxes, cosmetic items, and special titles.

Users can earn TOPIA tokens by staking World and Avatar NFTs.

Topia Chain

The Topia team is building their own, ecosystem-specific sidechain. This sidechain will be only for Topia and related projects. Everyone can access the chain and interact with the contracts, but only World owners and approved developers will be able to deploy new contracts. Anyone who owns a Topia World will have access to launching new smart contracts, creating NFT item collections for their World, and applying to have their custom items accepted as part of the larger ecosystem.

All of the tools from MetaFab will be integrated closely into Topia chain. MetaFab is an offshoot of NFT Worlds and is building a suite of tools and services that let developers easily integrate their apps with blockchain technology.

What is Topia?

Topia is a collection of virtual worlds, each of which can be customized, managed, and monetized by their owner. The game features a Minecraft style feel and gameplay with improved graphics.

Topia already has an Armory feature available. This is kind of a mini-world, wardrobe feature allowing players to preview their avatar appearance. Owners of NFT Worlds and Gray Boys avatars can see their NFTs in a game world preview.

Billed as a better, web3 version of Minecraft, Topia will include an in-app marketplace, wallet-free logins, support for custom content and tokens, the ability to play in a browser, and plenty more! They are also very focused on creating a set of developer tools that fully meet the needs of those creating the custom content. Topia expects to launch in late 2023.

To learn more about Topia Worlds, visit their website, follow them on Twitter, and join their Discord.

The post More about Topia Tokenomics and Sidechain appeared first on Play to Earn.

NFT Worlds was on the top of the web3 gaming scene early last year. Then an announcement from Minecraft that no NFT or blockchain integration would be allowed with their game, forced NFT Worlds to close down and reboot. And though this hiatus put them behind the rest of the pack, the realm of virtual worlds is still very much up for grabs!

Since that announcement, NFT Worlds has been hard at work rebuilding their game from the ground up. That work is still in progress, but they continue to make strides. Their latest move brings a rebrand to their entire platform. No longer NFT Worlds, this project is now known as Topia!

More about Topia

As part of the rebrand, Topia has reissued their World NFTs. Everyone who held an NFT Worlds NFT has received an airdrop of an exact copy of their world in the new version. You can view the new collection at https://opensea.io/collection/topia-worlds. A year ago these NFTs were going for 15 ETH. Since then they have dropped as low as less than 1 ETH, and are now back up near 2 ETH apiece.

As they began building up their new game, the team branched into creating a set of open-source, web3 tools. These tools allow any project (not just those built on their ecosystem), to incorporate token transfers, logins, and all sorts of other good stuff. These same tools are leveraged for Topia Worlds to build a seamless experience for players.

In addition, Topia plans to create their own sidechain. And presumably their WRLD token and NFT Worlds Avatar NFTs will also migrate over at some point in the near future.

There are still a lot of other moving parts, including a new staking contract for the Worlds. But Topia is a project to keep an eye on over the coming months!

What is Topia?

Topia is a collection of virtual worlds, each of which can be customized, managed, and monetized by their owner. The game features a Minecraft style feel and gameplay with improved graphics.

Topia already has an Armory feature available. This is kind of a mini-world, wardrobe feature allowing players to preview their avatar appearance. Owners of NFT Worlds and Gray Boys avatars can see their NFTs in a game world preview.

Billed as a better, web3 version of Minecraft, Topia will include an in-app marketplace, wallet-free logins, support for custom content and tokens, the ability to play in a browser, and plenty more! They are also very focused on creating a set of developer tools that fully meet the needs of those creating the custom content.

Topia expects to launch in late 2023.

To learn more about Topia Worlds, visit their website, follow them on Twitter, and join their Discord.

The post NFT Worlds Announces Rebrand to Topia appeared first on Play to Earn.