VEMP

What is VEMP Studios?

Welcome to VEMP Studios, the leading permissionless gaming investment studio & ecosystem within the expansive VEMP Ecosystem.

VEMP Studios is a vital component of the VEMP Ecosystem, focusing on financing, funding, and developing blockchain-based games and Metaverses. Originally centered around permissionless financing, VEMP Studios has evolved into a comprehensive "super dApplication," integrating a games launcher, digital asset store, and financing platform for a seamless user experience.

At VEMP Studios, the motivation stems from addressing the fragmented user experiences in on-chain gaming. By building a blockchain-agnostic ecosystem, VEMP Studios aims to lower financial barriers and foster a composable environment within the Web3 industry. Key features include:

• Accessing and playing various games from different networks within a single platform.
• Gaining true ownership of in-game assets to utilize or monetize as desired.
• Contributing to and financially benefiting from the funding and development of promising crypto games.

Formerly known as vEmpire DDAO, VEMP Studios has shifted its focus from the Metaverse to on-chain gaming while still encompassing various sub-industries. The on-chain gaming solution developed by VEMP Studios leverages blockchain technology to enable permissionless, transparent, and interoperable gaming experiences with verifiable ownership.

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Recent Video Interview

Main points of the interview:

• VEMP Gaming's initial mission was to lower barriers to entry in crypto gaming.
• Facing market challenges, VEMP shifted to developing its own games and rebranded as VEMP Studios.
• VEMP recently acquired Penguin Cards and is working on two new games, Watering Tribes and Antara.
• VEMP’s monetization strategy includes creating events and long-term investments in promising projects.
• The platform employs a deflationary mechanism, using portions of fees from game bets to burn tokens and reward long-term holders.

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Values

VEMP is centered around three main goals: lowering the barrier to entry, inclusivity, and composability. Throughout VEMP’s existence, these three goals are at the forefront of all decisions and the overarching direction the organization is headed towards.

• Lowering the Barrier to Entry VEMP believes in making blockchain gaming and Web3 technology accessible to all. Through their financing platform, anyone can contribute to developing promising blockchain games. VEMP prioritizes simplicity and intuitive user experiences to ensure that even non-Web3 natives can easily engage with their applications.
• Inclusivity and Monetization The ecosystem built by VEMP is based on inclusivity, allowing everyone to enjoy their games and monetize their experiences. VEMP’s Guilds connect players with like-minded communities, enabling them to utilize VEMP assets to enhance their gaming and earning opportunities.
• Composability VEMP enables users to do more with their in-game assets through composability. Their redeemability feature allows users to retrieve the value they create in a game and use it across multiple games. The $VEMP token serves as a versatile utility, enabling wagering, in-game purchases, asset trading, and yield earning.

Infrastructure

VEMP has established a robust infrastructure comprising the Financing Application, VEMP Games Launcher, and VEMP Marketplace, providing users with a comprehensive ecosystem that facilitates participation, simplifies game access, and enhances the overall gaming experience within the VEMP Studios ecosystem.

• Financing Application The VEMP Studios financing application is a core component of the ecosystem, allowing users to directly contribute to creating on-chain games while generating yield themselves. Users deposit native L1 coins into staking strategies, which are pooled together to fund the development and launch of blockchain-based games. This lowers the barrier to entry for individuals to participate in game development and funding, accelerating crypto adoption.
• VEMP Games Launcher The VEMP Games Launcher serves as a centralized hub for all the games developed, invested in, and partnered with by VEMP Studios. It provides users with a seamless experience, enabling them to access high-quality Web3 games without needing multiple platforms. By centralizing game discovery and access, VEMP enhances user convenience and facilitates the mainstream adoption of on-chain gaming.
• VEMP Marketplace The VEMP Marketplace is the primary platform for purchasing in-game assets associated with VEMP Games. It streamlines the user experience and enhances user engagement by consolidating all in-game asset transactions within a single marketplace. The focus on simplicity and reducing user friction drives the development of the VEMP Marketplace, allowing gamers to easily access and trade assets while enjoying a seamless gaming experience.

VEMP Token

The $VEMP token is the backbone of the VEMP Studios ecosystem, serving as the primary currency and utility token within the platform. It enables users to engage in various activities such as in-game purchases, wagering, asset trading, and participation in staking on the financing platform. As a versatile utility token, $VEMP facilitates seamless value exchange between players, experimenters, and community enthusiasts across the ecosystem. Its use extends beyond gaming, encompassing DeFi, the metaverse, NFTs, and other industries within the Web3 space. By holding $VEMP tokens, users gain access to exclusive benefits, rewards, and governance rights within the VEMP ecosystem, further incentivizing participation and fostering a thriving community. Through its utility and versatility, the $VEMP token plays a pivotal role in driving engagement, liquidity, and value creation within the VEMP Studios ecosystem.

Team Background

The leadership of VEMP Studios is helmed by its two founders, Dom and Mike Ryder. Dom leverages his extensive background in stockbroking, having served as a former partner at St James’ Place in London. Mike, on the other hand, contributes his creative and technical prowess gained from the audio-visual industry, where he specialized in designing and programming interactive solutions for esteemed clients. Together, they boast seven years of combined experience within the Web 3.0 industry.

Complementing the founders, the core team comprises eight additional non-technical members alongside over ten full-time developers.

Similar Assets

Some similar assetes to VEMP: Construct, Avocado DAO, Radio Caca, Aavegotchi, Alien Worlds, BlackPool, Dope Wars Paper, Illuvium, Merit Circle...

VEMP Price Analysis

As of November 24 2024 VEMP has a marketcap of $1.1M. This is {{percentagefromath}} from its all time high of $0.655693. In terms of its tokenomics, there's a total supply of 808M with 37% currently outstanding. Keep in mind VEMP has a fully diluted value of $2.9M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.