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EGW-NewsCryptoAll newsThe HBAR Foundation announced the creation of the FIFA World Cup 2022 metaverse
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The HBAR Foundation announced the creation of the FIFA World Cup 2022 metaverse
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The HBAR Foundation announced the creation of the FIFA World Cup 2022 metaverse

As a result of more and more people associated with the cryptocurrency industry expressing interest in football and trading football fan tokens, the decision was made to launch a licensed FIFA World Cup Qatar 2022 metaverse.

The Vice President of The HBAR Foundation said that their own project, called Own The Zone, will be a hybrid of a global sporting event and a demonstration of the best technologies with gameplay for fan communities:

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Own The Zone not only kicks off with the most beloved global sporting event, the 2022 FIFA World Cup in Qatar, but also showcases best-in-class technology and gameplay for the world's largest fan communities.

The launch of the metaverse took place on the Hedera network, powered by its own hashgraph technology. The latter can be safely called an alternative to blockchain, which has its own advantages. The hashgraph has a fairly high throughput rate of 10,000 transactions per second.

The FIFA World Cup Qatar 2022 metaverse was created thanks to a partnership between Reality+ and OTZ Sports. In the game, football fans can win various non-fungible tokens and real prizes.

The essence of the Own The Zone game is to receive special rewards if some interesting events take place in the zones they own during real matches. At the start, users will receive two free sectors of the football field out of eight available.

The HBAR Foundation announced the creation of the FIFA World Cup 2022 metaverse. Photo 1

Own The Zone will receive real-time official FIFA data on what is happening on the field. FIFA Match Day draws will be held daily. The top prizes are tickets to The Best FIFA Football Awards and £5,000 per match day. In addition, financial rewards will increase as the number of zones players own increases.

Match results will directly affect the level of rewards received by users and the rarity of digital collectibles. For the minting of NFT tokens, as well as in cases with other collections of non-fungible items, various visual combinations will be used to obtain different results and items of different rarity.

Holders of the most unique digital tokens in the football metaverse collection will be able to subsequently receive the most money if they want to sell.

Hedera is a token service network that is notable for its carbon negative characteristics. At the moment, this feature can be safely called the driving force behind Web3 technology. Sports fans might like Hedera as creating wallets along with minting a moment is a fairly simple process that takes place during registration and spending time in the game. Other technologies related to NFTs and metaverses cause more questions and difficulties for users than Hedera. In this way, Own The Zone can contribute to the transition of sports enthusiasts to the Web3 technology sector.

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