The HBAR Foundation is pleased to announce its support for Meta Wizards, a competitive play-to-earn video gaming platform, for the creation of a new P2E racing game on the Hedera Network. The platform has selected Hedera for the speed, low predictable gas fees, and sustainable credentials of the network to better serve its community.
Meta Wizards will initially leverage the HSCS (Hedera Smart Contract Service) for the minting of in-game assets, with plans to then leverage the HTS for fungible tokens i.e. Meta Wizards coin ($MW).
Meta Wizards has recently secured partnerships with some of the most famous global celebrities like Snoop Dogg and Chief Keef. Founded by Layne Schmerin, Meta Wizards aims to revolutionize how players engage with blockchain-based gaming. The team behind Meta Wizards consists of top-tier artists, entrepreneurs, blockchain enthusiasts, video game developers, and marketing experts.
Owning a Meta Wizard NFT provides users access to a fully functional in-game Wizard character; each possessing special abilities and attributes that allow participants to race and battle against other opponents in hopes to gain more Meta Wizard coins ($MW). Participants can race their Wizard against 8 others in the Secret Cove and place bets on which Wizard will come in the first place. First, second, and third place winners will all receive $MW which is the utility token within the Meta Wizards ecosystem and can be used to upgrade a player’s Wizard for a higher probability of winning.
Meta Wizards’ gameplay is being developed by Tony Valcarce (former EA, Amazon, Nintendo). Valcarcel has been working in the gaming world for more than 15 years. “The HBAR Foundation’s grant to Meta Wizards facilitates Meta Wizards' mission of removing player friction when engaging with 'blockchain gaming' - Hedera provides a fast, low-fee network while other networks’ limitations prohibit high volume activities such as creation and consumption of game assets.” said Layne Schmerin, Co founder of Meta Wizards. Amid the growing popularity of blockchain-based gaming, Meta Wizards will drive both Hedera user growth as well as awareness of Hedera’s capabilities in the games industry.
About the HBAR Foundation
Founded in 2021, the HBAR Foundation fuels the development of the Hedera ecosystem by providing grants and other resources to developers, startups, and organizations that seek to launch decentralized applications in DeFi, NFTs, CBDCs, Sustainability, gaming, and other sectors. In addition to providing funding through a streamlined grant process, the HBAR Foundation acts as an integrated force multiplier through expert support across technical, marketing, business development, and other operational functions that are required to scale.
About Meta Wizards
Meta Wizards is a competitive play to earn video game based on blockchain technology. Owning a Meta Wizards provides you access to a fully functional in-game Wizard NFT; each containing very special abilities and attributes that allow you to race and battle against other opponents in hopes to gain more $MW coins. Race your Wizard against 8 others in the Secret Cove and place bets on which Wizard will come in the first place! Earn betting, racing, and winning! First, second, and third place winners will all receive $MW which is the utility token within the Meta Wizards ecosystem and can be used to upgrade your Wizard for a higher probability of winning.
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