Bounce Metaverse: Progress & Development Update

To our loyal community,

Since our last Bounce Metaverse update, a lot has happened. The recent implosion of FTX has left crypto market conditions worse than before. Furthermore, faith and sentiment around the industry has certainly deteriorated to new lows.

We know it may not seem like it now but this is when the giants of the next bull markets are built; when everyone is calling crypto a “scam”, headlines are filled with nothing but bad news and most retail participants have left the space.

At Bounce, we will continue to build and ensure that our vision of BounceV3 becoming the go-to defi platform enabling a variety of on-chain utility for all users is fulfilled. While FTX may have highlighted the dangers of unregulated crypto markets, it also increased our conviction in transparent, decentralized and on-chain defi activity. DeFi and Bounce will come out of this stronger and FTX should serve as a reminder of the importance of trustless finance.

— The Team at Bounce

Note: Bounce did not store any of our treasury funds on FTX, and, luckily, remains unscathed from this fallout.

Now, let’s shift our focus to something less gloomy and give a glimpse into the future of Bounce, our Metaverse! Our developers have continued to power through developments and have made alot of impressive progress.

Bounce Metaverse Development Update

Since our last update, The Main City Center has been built. Today, new infrastructure is being added to the city center. Within the space, every location or landmark has it is own purpose, each designed to provide its own, unique immersive experience.

The map now includes the following: Art Gallery, Playground, Mall, Game and Auction area. Today users are able to access and explore the Art Gallery and Playground; here users can check in on progress and play with our “voice to object technology”!

Users are able to explore these sections using updated avatars, recently “character controller” functions have been added making navigating these spaces much more fluid. What’s more is that users can now enter and explore the Bounce metaverse on their mobile devices! Developers have made the necessary adaptions to power the mobile experience, not just the desktop version! The Bounce Metaverse will soon begin expanding from single-player navigation to a more multiplayer centered one. In doing so, users will be able to customize their avatars, buy clothing and interact with each other.

Because Metaverse Avatars are customizable users will likely explore making avatar adjustments they see as reflective of themselves! Change your appearance, select an avatar by gender, purchase individual garments and accessories and tweak various different settings on the avatar preview, all within the Mall!

A newer component of the Bounce Metaverse is the “3D exchanger”. This new concept within the city will function as a marketplace with 3D models. In it, users will be able to walk around and purchase whatever they may need. The exchange area will be divided into a few different sectors: one with cars, characters, animals, architecture, interiors, environment and techniques. More on this soon!

In this area you exchange is not only limited to items, users may also engage and chat with, for example, a designer and decide to buy an item from them or hire them for their services! The first, immersive, on-chain, talent market! Our developers have also built a chat system which will allow users to communicate freely with one another and also enable both the hiring and interview processes.

Another way commerce is conducted within our metaverse is in the Mall Area. Here, users are able to make a variety of different purchases including: exchanging tokens, outfitting one’s avatars with a variety of different apparel and more!

With the ethos of Web3 close to heart, we strive to protect our users’ authorship rights. In doing so, all objects will be showcased in a “remeshed low poly mode with high poly model images on the information platform”. On the high poly model, users will be able to see additional characteristics of their products: different formats, polygon counts, rig, textures, freelancers name and rating, terms of use.

That’s the latest on the development of the Bounce Metaverse as of late. Keep up to date on the latest from Bounce by following our socials and stay tuned for more exciting news and updates regarding the development of Bounce V3!

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