The metaverse is a concept that has gained attention in recent months as a result of news coverage and technological advancements. For many businesses that have jumped into the race to launch their own metaverse projects to not be left behind, it has stopped being something that is more associated with science fiction and is turning into a virtual reality as well as a physical reality. The industries cover a wide variety, including design, architecture, fashion, entertainment, and retail. NFTs and blockchain technology are two other trends gaining traction and will get even greater traction in 2022 and catering to the same, Rahul Kaushik, a renowned entrepreneur, recently introduced "Metawhale World".
It is a blockchain-based platform that enables users to create and sell their gaming experiences. The platform was introduced on April 28, 2022, at the upscale 5-star Sahara Star hotel in India's financial capital. Since its introduction, Metawhale World has been the center of attention for all the right reasons. One of those is that the cutting-edge blockchain-based platform allows all its existing players to claim ownership of the invention while rewarding each member with an exclusive utility token, MTW. Rahul Kaushik, an innovative businessman, founded Metawhale World alongside Rahul Pabby to assist Indians in understanding and connecting with the exciting world of blockchain. Rahul has always been a person who has a keen understanding of the market and who supports bringing new ideas to the fore.
Post the success of the launch of Metawhale World , Rahul Kaushik recently made two significant announcements during a major event hosted at the Hotel Glitz Westend Inn in the National Capital on June 26, 2022, taking things to the next level. He formally announced the opening of the world's first NFT Museum in the presence of his team that included Rahul Pabby (Co-Founder), Gunjan Shekawat (Director), Vishal Raj (Chief Communication Officer), Manish Arora (Chief Marketing Officer), and Ullas Sirdesai (Chief Finance Strategist). More than 350 business owners and notable figures, including Prahladbhai Modi, Deepak Londe, Prashant Mandekar, and Rajuseth Oswal, were present at the occasion and expressed their support for the new project launched by Metawhale World.
The first of its type platform would allow anyone with a robust internet connection to view digital artworks. Additionally, the soon-to-open museum will be able to increase accessibility without lowering the market worth of the numerous listed digital artworks. Moreover, despite spending less time and money, designers and curators will be able to create exhibitions that are as innovative and immersive as they wish. The second significant statement made at the event was the introduction of a number of digital collectibles on the blockchain network by IgniteChain and Metawhale World. These two brands collaborating together will surely create a lot of noise in the NFT world. JM Narola (CEO), Umesh Mistry (COO), Vimal Panchal (CMO), Hardik Vaghela (CTO), Hemant Jass (Head of Advisory), and Piyush Jain (Advisory Member) attended the event in their capacity as representatives of IgniteChain.
When asked about his perspective on the same, this prodigy stated, "The recent influx of information on the trend of Non-Fungible Tokens (NFTs), which have been selling for astounding sums online, is widely disseminated. NFTs offer a surprising amount of utility that goes along with their collectability, despite celebrities having just made them a new fad for which they spend millions. We should consider the opportunity they offer: a thorough, highly protected method for conducting online business transactions—as we continue to investigate this novel, entirely digital asset class."
This collaboration between the two well-known brands aims to completely revolutionise the world of NFTs. As a result of this action, IgniteChain has made it possible for many developers, projects, and applications to create decentralised solutions for the web3 community. IgniteChain, a decentralised blockchain network using PoS consensus and the reward-based validation system PoR, will collaborate with Metawhale World (Proof-of-Reward). They facilitate the use of blockchain networks across various industries, including business, government, and decentralised finance.
Rahul Kaushik, through the launch of the blockchain-based platform Metawhale World, enables users to customise and monetize their game experience. The platform is powered by the Binance Blockchain and uses MTW's utility token. All current players of Metawhale World can claim actual ownership of the work, and the company even pledges to give each player their unique utility token MTW. They have also created a decentralized control mechanism limiting creator ownership in the existing game market to protect data and guarantee security.
