Quick Summary
- NFTs help content creators monetize their work. Chillchat is a metaverse pixel art game that runs on Solana blockchain, where players can build the entire universe from the ground up.
The idea of a creator financial system, a type of company that relies on curators and various neighborhood builders, is currently circulating throughout the globe. Unfortunately, with so much information being made and distributed daily, creative works are quickly abandoned by publishers, manufacturers, and various social media communities.
As a result, these artists typically only receive royalties once for using their property, making it difficult for them to earn a respectable wage and stay motivated to continue supporting the genuine creator economic system. A secondary worry is asset ownership, as there is only a limited amount of policing to protect artists’ works from uninvited distribution.
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NFTs are becoming Creator’s choice
The blockchain aims to address these concerns by allowing artistic creations to be permanently kept in a public ledger, preventing them from being replicated or exploited illegally. Content creators may now monetize their digital works by putting a value on them and selling them on a specialized marketplace, thanks to the introduction of non-fungible tokens (NFTs).
Creators retain complete control of their work while also being rewarded for creating new stuff. As a result, NFTs have quickly become a popular choice among content makers.
Chillchat Explained
Chillchat is a metaverse of pixel art games that runs on the Solana (SOL) blockchain, stimulating the creator economy in a digital realm. Players in Chillchat can build characters, tales, and anything else they can think of, even entire universes from the ground up. Users can start designing new spaces tile by tile with tools like the World Builder tool.
The Pixel Editor may be used to animate characters, and the World Scripting Tool can turn them into fully working games. Content makers can use visual node scripting to turn their work into an interactive experience without learning to code. Anyone can develop a standardized framework that guides users to design and mint by utilizing in-house applications.
Build-to-win metaverse
Chillchat’s build-to-win metaverse has had early success. The company earned $1.85 million in a seed round led by Solana Ventures, including Animoca Brands, Griffin Gaming Partners, and FTX Ventures. Chillchat intends to use the funding to expand its product and growth teams and continue building Web 3.0 tools and channels.
The team is still strongly reliant on its Solana base. Chillchat’s CEO, James Quon Au, commented: “Our goal is to create a metaverse of casual social games, which is why we chose the Solana blockchain as the best solution for the consumer, with minimal costs and great speed. We’re happy to have Solana Ventures spearheading our seed increase since their strategic support helps us expand and realize our mission”.
Conclusion
The project takes pride in its capacity to establish an ecosystem in which everyone may be a creator and produce whatever they want. The only thing which is standing in the way is the creator’s imagination.
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sources: cryptomyfuture, cointelegraph
author: Rene Remsik, Hafiz Awaiw
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
