World of Ether Marketplace Review
World of Ether is a duelling game based on collectibles powered by the Ethereum blockchain. Founded in December 2017, the company has its headquarters in the United States and operates under the legal name World of Ether LLC. The mainnet version of the game was launched in the last quarter of 2018.
What is an NFT Marketplace?
An NFT Marketplace is a marketplace for NFT. So far so good. But what is an NFT?
NFT is an acronym for “Non-Fungible Tokens”. Something which is fungible is replaceable. For instance, one kilo of 24 karat gold is – at least in theory – replaceable with any other kilo of 24 karat gold. When something is non-fungible, it means that it is unique, and not replaceable with any other item out there.
Although NFTs are conceptually similar to cryptocurrencies, these digital assets might represent antiques & artworks, collectables like trading cards, and other items with unique features. These tokens are stored cryptographically in a blockchain network for authentication and validation. Even when transacting, each token is sold as a whole, unlike cryptocurrencies which are divisible into smaller units. NFTs lose their value when split into smaller portions, however, they can be duplicated by the artist and each additional copy can be sold separately (but the total number of duplicates will then always be known).
World of Ether Marketplace Focus
The fantasy game World of Ether revolves around monsters. Players can collect and breed these monsters and duel with other players on the network. They also have the option to buy, sell or sire these monsters to other players.
Breeding these monsters may or may not lead to the creation of a new species. However, in case a new species of monsters comes up, it will be added to the list of monsters while the artwork will be stored in the World of Ether servers. For these new species, an algorithm will randomly generate attributes like battle points, rarity and type of the new monster species.
World of Ether Marketplace Fees
When you make a trade at NFT Marketplaces, they may charge you a commission or a platform fee. The World of Ether portal has no mention of a commission. We are currently trying to find out whether there are fees involved with using the platform and will be sure to update this review when we find out.
Different from most other NFT Marketplaces, World of Ether does not allow direct trading between users.
Finally, as always, as the NFT Marketplace operates on the Ethereum network, all transactions will incur a so called "gas fee".
Layout of World of Ether Marketplace
Different NFT Marketplaces present their NFTs, the latest bid and the remaining time of an auction etc. in different ways. What you are most comfortable with viewing and using is up to you and no one else. The following picture is a print screen from World of Ether Marketplace, shownig the browse mode. The number of NFTs available is presented. You can also filter based on rarity and gender.
To sign in to the World of Ether marketplace, you will need to have access to your MetaMask wallet. These fantasy monsters are split into five main categories — Sun, Ocean, Life, Death and Astral.
World of Ether Payment Methods
A few of the NFT Marketplaces out there accept deposits and payments via credit or debit card, and some even accept PayPal deposits. We have not been able to conclusively determine whether the World of Ether Marketplace allows any of these deposit methods. But we don't think so.
Since it is built on the Ethereum network, users can trade by depositing Ether via their MetaMask wallet.