Sushant Chandrasekar, a famend gaming developer at Second Life, and Gaurav Gupta, a former high-profile marketing consultant at Bain & Firm, have accomplished a seed funding spherical of $1.5 million with InfoEdge Ventures to develop AvatarLife grid with skill-based play-to-earn video games, group content material constructing, market, freebies, and in-world foreign money. That brings the entire valuation of the grid to $7.5 million.
AvatarLife shall be increasing the varieties of video games provided on the grid, however video games of pure likelihood are prohibited, mentioned Sushant Chandrasekar, one of many co-founders and a former developer at Second Life who has 15 years of expertise in digital worlds.
“We’re a grid for skill-based video games,” Chandrasekar instructed Hypergrid Enterprise. “Roulette and on line casino machines are prohibited on AvatarLife.”
The hypergrid handle is grid.avatarlife.com:8002. The grid will be accessed by its own Windows, Linux, and Apple viewer or different normal OpenSim viewers.
AvatarLife may even have role-playing, campaigns, motion, and technique video games, mentioned Chandrasekar.
Chandrasekar is concerned primarily in constructing OpenSim digital worlds for AvatarLife whereas the opposite co-founder Gaurav Gupta shall be concerned in constructing AvatarLife’s Net 3.0, blockchain, and crypto partnerships.
AvatarLife additionally owns parcels of digital land as a creator in Decentraland and Roblox.
“We personal eight parcels of land in Decentraland and have created some skill-based video games there,” mentioned Chandrasekar. “We hope to get these video games on different lands on Decentraland by partnerships with land house owners in Decentraland.”
AvatarLife is presently providing a bunch of options along with play-to-earn video games, together with constructing free islands for its resident creators, who can then earn by promoting equipment and video games. It’s also providing equipment freebies and shall be offering extra video games by celeb creator involvement and partnerships.
AvatarLife additionally has an in-world foreign money referred to as AV$ that may be purchased by PayPal and shall be together with automated cryptocurrency and in-world foreign money funds.
Talent-based video games and digital land
Presently, residents can enroll on the grid and play a bunch of accessible skill-based video games together with Whacky Taxi, Paracheesi, Gold Roller, and Flash, amongst others. There are a number of different video games offered for residents by partnerships with celeb creators who embody the next:
Aargle Zymurgy: He has recreated Zyngo, a premier sport in Second Life which in flip made many different Lindennaires. Zyngo is now reside and able to play in AvatarLife.
Shane Nielson: The creator of Dawgs, one of the crucial performed video games prior to now. The grid-wide jackpot on Dawgs is huge and may go as much as 10,000 occasions the buy-in of gamers.
Sorina Garrigus: An energetic proprietor of the Celestial Recreation Tower, which is now energetic in AvatarLife. She is a uniting drive for the gaming group in AvatarLife.
Many extra video games shall be accessible by such partnerships with celebrities and corporations, mentioned Chandrasekar.
AvatarLife can be partnering with celeb creators of digital worlds who embody the next:
Serenah Rainier: She developed large builds in AvatarLife. Historic Rome has come to life in AvatarLife by the work of Serenah.
Saad Zarf: Zarf has constructed the AvatarLife seashore sim for residents to hang around and calm down.
Uno Blokke: A developer who custom-made and developed Western City island for a fantastic western-themed island on AvatarLife.
Candy Sugar: Avatar creator on Second Life who’s now on AvatarLife to offer female and male avatars.
Free Islands for creators
In the meanwhile, creators can declare free islands constructed for them by the corporate. It doesn’t cost any cash to arrange a area, and there are not any month-to-month tiers. The corporate will, as an alternative, take 10 % of the cash earned by the creators by gaming and different creations on these islands.
“If a creator doesn’t earn something, then we don’t thoughts not being paid for the island,” mentioned Chandrasekar. “Additionally if a creator is incomes tons and feels that they’re shedding out on some huge cash by paying us 10 % of their ultimate money out, they will select to pay a normal $99 a month tier in direction of their land.”
Customers can get the free islands by signing up for an account on the AvatarLife web site and sending a message in-world to the avatar Sushant AvatarLife. Creators can then create video games or different issues from scratch on the market or different income-generating alternatives on these islands, he mentioned.
“The LSL OpenSim scripting is pretty easy, and any resident with a good quantity of coding or constructing expertise in Second Life or another digital world can simply construct something they need,” he mentioned.
Gamers can earn earnings from play-to-earn video games on these islands or anyplace on AvatarLife. They or different guests can even buy these video games and function them on their islands.
“Expert gamers have a transparent edge over unskilled gamers,” he mentioned. “Other than enjoying on the video games, we additionally give rewards on our sport locations only for enjoying on our video games. Additionally, quite a lot of free-play video games can be found to play at AvatarLife in-house grid.”
Enjoyable, historic, and gaming locations
AvatarLife includes many gaming locations, together with Historic Rome, Kart Racing the place gamers can race towards their buddies, and a romantic hangout forest vacation spot often called Forest of Goals.
Bonuses on in-world foreign money AV$
AvatarLife makes use of an in-world foreign money AV$ which will be purchased utilizing real-world cash by PayPal and with cryptocurrencies like Bitcoin and Ethereum. It prices $1 for 250 AV$.
Presently, folks shopping for the in-world foreign money can get replay bonuses on the gaming system. Shopping for 10,000 AV$ will win you a 1,000 AV$ price of reply bonus, whereas shopping for 100,000 AV$ can win you a 25,000 AV$ bonus on the gaming system.
“As and once we develop extra partnerships with cryptocurrency cash, we’ll hold including them to our web site as an choice for residents to purchase AV$,” mentioned Chandrasekar. “At this level, we nonetheless settle for cryptocurrency manually and supply AV$ purchases. This shall be automated within the close to future.”
AvatarLife is partnering with a cryptocurrency referred to as JejuDoge coin. The JejuDoge group is paying for and growing two islands which can be themed primarily based on the actual South Korean Jeju Island and its volcano.
“We shall be having many extra such partnerships with cryptocurrencies and growing areas for them,” mentioned Chandrasekar.
The hypergrid addresses to the Jeju Islands are grid.avatarlife.com:8002:Jejudoge Island One and grid.avatarlife.com:8002:Jejudoge Island Two.
Freebies shops and a number of purchasing locations
Some grid residents have arrange shops that promote equipment like clothes, skins, hair, and wearables. Nonetheless, there are freebies islands at AvatarLife grid the place residents can get free garments, skins, hair, and wearables. A kind of freebies is the Purchasing Middle. The hypergrid handle is grid.avatarlife.com:8002:Purchasing Middle.
Residents can earn free AV$ by making use of the tenting websites on JejuDoge Island, and there are free JejuDog coin t-shirts for anybody who visits the island.
The AvatarLife Video games Freeplay Island is a spot the place gamers can come and check all video games provided on the platform without spending a dime and learn to play them. Gamers can even earn free payouts after they beat a sure rating in some video games.
The hypergrid handle is grid.avatarlife.com:8002:AvatarLife Video games Freeplay Island.
NFTs are a doable upcoming characteristic
The corporate can be trialing NFTs — or non-fungible tokens — and NFT gaming which can then be deployed on the grid and different locations like Decentraland and Roblox the place in addition they have digital land. NFT holders will entry advantages throughout all platforms the place AvatarLife has digital land.
NFT holders on AvatarLife will earn advantages like 10 % further rewards on winnings, ten % cashback on loss, and entry to excessive curler video games, amongst different advantages, mentioned AvatarLife co-founder Gaurav Gupta.
“We’re deliberating the thought of including a play-to-earn layer on high of this and are already making an attempt this out in Decentraland,” he instructed Hypergrid Enterprise. “If we see optimistic momentum there, we are able to all the time increase it to all platforms, however for now, we’re testing a couple of concepts with nothing concrete, though we do plan to have separate NFTs to supply royalties to our holders for passive earnings.”