NetVRk is gearing up for big moves! We’re planning a DAO vote for unclaimed rewards, collaborating with a major name in the space (announcement coming soon!), and fine-tuning our Alpha release. Stay updated on exciting contests and staking initiatives offering attractive rewards.
Studio Update
We have an update regarding the 43 ETH in unclaimed rewards from 2022. Previously, the DAO voted to allocate these funds towards initiatives benefiting the community. We’re now planning another DAO vote to determine their final use.
There is some thrilling news in the works! NetVRk has been collaborating with a major name in the crypto world for some time now, preparing big things. This influential figure has a lot of sway in the space and can help pull some serious strings for us. While we can’t reveal all the details just yet, we will announce who it is in the coming days. Stay tuned for the official announcement soon!
“We’re committed to making this release not only worthy of making a significant impact but seamlessly aligning with providing content for a strong, ongoing marketing campaign. We believe that having innovative features to create fresh content and engagement are extremely important and are bringing on key individuals to the team that share this vision. By standing out, and organically generating great marketing content, we will continually draw more eyes to NetVRk. Our Alpha AI NPCs, along with our upcoming creation engine, will be a great example of what differentiates us from being only a game with great graphics. We hear our community’s anticipation and frustration, but we assure you that the time spent on these developments will be well worth it. Thanks again to everyone for the enthusiasm and support. It drives us as we push this release over the finish line.”
Linus Chee
Co-Founder, CEO @ NetVRk
Development Update
Final tasks to complete for the Alpha release involve the build stability around AI features. As we wrap those up, continuous development around driving gameplay such as new interactive objects and obstacles are being completed. Expect new content around that soon!
Take a sneak peek into a private space to interact with Silk on your own! You can record your own interactions here to share for upcoming competitions such as to reward the best and craziest content shared on social media.
Updates to the Alien Biome area that acts as our shooter gameplay test level.
AI Update
We are continually working to enhance AI visuals, emotions, and interactions to work at a high level in both AI conversation and gameplay. These improvements come with systems built on the backend that pave the road for future avatars to work as AI characters driven by an Large Language Model (LLM). Below, you’ll find improvements to the quality of Silk, the first of her kind who will take the initial spotlight in the release of our AI features.
Some of the specific interactions we are focusing on revolve around their general intelligence and gameplay involving AI themselves. We are developing AI avatars that can understand and respond to what objects you present to them, providing detailed information about objects as a real person would. Additionally, we are creating AI interactions to enhance gameplay, paving the way for new technological advancements. Imagine having your own AI companion to join you on your journey, negotiating with existing AI to join you in combat, exploring the metaverse to sell your creations or products, and driving the narrative of gameplay in your experiences. The possibilities for AI creation tools in populating a metaverse are endless and incredibly exciting.
Blockchain Update
The team have started to incentivize user engagement by rewarding active participants with NetVRk Mine Runner Axes. These initiatives will not only encourage community participation but also help to enable the trading of NFTs on the Rarible marketplace, enhancing both engagement and the liquidity of the NFTs.
Significant progress has been made on the development of $NETVR token staking smart contracts. These contracts will feature three staking pools with attractive annual percentage yields (APYs): 10% APY for a 6-month staking period, 15% APY for a 9-month period, and 20% APY for the 12-month period. This structured approach is designed to cater to different investor preferences and time horizons, ensuring flexibility and rewarding long-term commitments more generously. Future plans include extending these staking pools to the Polygon network, thereby enhancing accessibility and reducing transaction costs for users.
The team is currently focused on creating a user-friendly web application for token staking. This front-end platform will enable users to seamlessly stake their tokens in either the Ethereum or Polygon networks, across the different available pools.
Community Update
DAO
Last month, we conducted two DAO votes: one on paying NFT staking rewards in $NETVR and the other on the handling of unclaimed rewards.
We are once again using the Questionnaire, one of the two participation requirements, to gather your suggestions for future voting proposals. Don’t miss this opportunity to make your voice heard when we launch the Questionnaire in the next few days. We encourage everyone to share their opinions before a proposal is launched, especially when we seek input on whether to proceed with specific proposals. Without hearing from as many voices as possible, we won’t be able to make decisions that truly reflect the community’s preferences.
Regarding the DAO proposal process, we are open to making changes and will use the upcoming Questionnaire to gather your suggestions on how to proceed.
Best Joke Contest
Join our contest on X for a chance to win a powerful 4-star axe in Mine Runner! Crafting a 4-star axe is a rare feat, with odds of 1 in 500, promising substantial gains in-game.
To enter, share our post on X and reply with your funniest joke to tickle our AI, Silk! Plus, if we reach 200 likes, we’ll give away 10 additional 3-star axes.
Get Involved with NetVRk
Are you interested in contributing more actively to NetVRk’s community and engagement activities, including social media, contests, and other initiatives? If so, please open a support ticket on Discord and let us know about your interest, along with any relevant experience or ideas you have.
