A Metaverse is an alternate world in which different technologies work together to provide users a unique experience. The most complex world’s creation is the most challenging aspect of such a projectile, an environment that resembles real life and offers new experiences and activities for users. This article looks at the behind-the-scenes of Lootverse and examines the perks and challenges of coding this parallel world.
Technical Challenges
The development of these systems is based on relatively new and untested technologies, meaning companies in this field are disrupting the current ecosystem and need more reference points. This presents technical challenges, such as using NFTs, intelligent contracts, and traditional cloud-based and web-based systems. The main issue is ensuring that all these disparate systems work together harmoniously. This is a difficult task because centralized systems must communicate and interact with decentralized systems and follow the applicable regional regulatory frameworks.
Lootverse’s Talos Blockchain offers reduced transaction costs and high throughput. However, this complicates maintaining the blockchain and ensuring it serves the entire Lootian ecosystem.
Developing the World
Coding a metaverse presents an immense challenge. To create Lootverse, it took a team of skilled individuals seven months to develop The Arena, the Fund, The Government, Satoshi’s Lounge, and the Lootverse Interactive Map. These platforms involve KYC, transaction management, NFTs management systems, wallet management software, real-time bidding systems, and UI elements, ranging from interactive maps to NFT designs.
Developing the world also required a substantial effort to produce one system after the other. They all had specific needs, from high availability, scalability, and stability, to excellent usability. The difficulty in architecting high-availability systems is due to the uncertainty of the anticipated traffic. Thus, striking a balance between feature development and platform maintenance is essential.
Creating an extensible world is also of great importance. Lootverse is expected to evolve, requiring stable and customizable systems, allowing for upgrades and changes without compromising the existing world.
Different Outlook on NFTs
NFTs are smart contracts that represent unique physical and digital items. Within Lootverse, however, they are not limited to minting, buying, and selling. Instead, NFTs are treated as building blocks for more interactive systems. For example, NFTs are used in The Arena to mint the official redeeming tokens, called Tickets (TIX), which can then be used in-world exchanges or activities within Lootverse.
Coding Lootverse is a task of immense proportions, requiring dedication and humility. However, it is possible to bring a world to life with the right team and effort.
