RUSSELLWORLDS– METAVERSE

The Russell Russellworlds is a multi-year project that creates a metaverse for the Russell community. Members who hold the $RUSSELL token will be able to access this virtual world and take advantage of various NFTs (non-fungible tokens) for ownership and utility purposes. The Russell metaverse is designed around feudal planet earth and will be transformed into a full-fledged virtual reality experience with gamified tools and activities. For instance, users will have the option to participate in staking solutions that are visualized as "paddy fields." Russell Gaming will also be available through a virtual wager house where friends can gather and watch games together.

Russellworlds will further incorporate smart NFTs to create a world where possession of these various NFTs will allow for engagement and benefits within the virtual world. Currently there are four NFT categories expected:

  • Genesis NFTs representing objects for space travels

  • Character NFTs (Warriors, Creators, Commercial and subclasses)

  • Ownable NFTs (Virtual housing, armour, tools, etc.)

  • Attribute NFTs (Regionality, cosmetic effects etc.)

Russellworlds will provide interconnection of these NFTs to their owners to create a selfgoverned virtual world where $RUSSELL is the economic unit within the Russellworlds in order for the virtual world to operate. As a worked example, Russell will allow for a leader to create factions within which they will be able to recruit additional Russell participants to join.

The leader would be able to claim settlements which will need to be defended from other leader classes, which will provide access to certain facilities with benefits for the holders, such as additional army health, attack or defense for war, or an additional percentage yield on a rare, staked “paddy field”, or by receiving a virtual prize for providing access to certain facilities they currently control.

Russell predicts that gamifying platform utilities and establishing digital economies using publicly traceable crypto tokens will become increasingly prevalent as decentralized metaverses become more feasible. This trend justifies delving into this innovative sector of the industry.

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