What is GensoKishi Metaverse (MV)?

TLDR
GensoKishi Metaverse (MV) is a blockchain-based evolution of the 15-year-old MMORPG Elemental Knights Online, integrating NFTs, decentralized ownership, and metaverse experiences.

1. Web3 gaming hub – Converts 14 years of user-generated in-game assets into NFTs on Polygon.
2. Dual-token economy – MV (governance/staking) and ROND (in-game currency) drive ecosystem incentives.
3. Metaverse expansion – Combines gaming with virtual real estate (LAND), e-commerce, and cultural experiences.

Deep Dive

1. Purpose & value proposition

GensoKishi transforms a legacy MMORPG (8M+ downloads) into a decentralized metaverse where players own assets as NFTs. Key features:
- NFT conversion: Existing in-game items (skins, weapons) become tradeable NFTs, preserving 13+ years of user creativity (Genso Whitepaper).
- Cross-reality integration: Virtual LAND parcels host exhibitions, e-commerce stores, and real-world tourism replicas.
- UGC ecosystem: Players design maps, characters, and quests, with top creations featured on PlayStation/Nintendo.

2. Technology & architecture

• Multi-chain: Built on Polygon for NFT transactions, with a proprietary MV Chain (Arbitrum Orbit) launching in 2024 for governance (Genso Whitepaper).
• Creator tools: GENSO Maker (no-code NFT design) and Unity-based SDKs enable user-generated games/experiences.
• AR integration: Mobile app AR mode bridges virtual assets with physical locations (e.g., NFT-exclusive items at real landmarks).

3. Tokenomics & governance

• MV (Metaverse Token):
  
  • Max supply: 2B (23.4% circulating as of July 2025).
  • Utilities: Staking rewards, LAND purchases, governance votes for metaverse policies.
• ROND (In-game currency):
  
  • Hyper-deflationary: 97.5% of initial 1T supply burned by 2022.
  • Used for item upgrades, event access, and cross-border e-commerce.

4. Ecosystem & adoption

• CEX listings: Traded on Bybit, KuCoin, and Gate.io since 2022, with $261M 24h volume (July 2025).
• IRL partnerships: Collaborations with Japanese municipalities for virtual tourism and real-estate NFT projects.
• Community: 173K Twitter followers and 72K Discord members actively shape DAO proposals.

Conclusion

GensoKishi leverages gaming heritage and Polygon’s scalability to build a multifunctional metaverse, though success hinges on sustaining UGC engagement amid crypto-gaming competition. How might its upcoming Arbitrum-based chain impact interoperability with rival metaverse platforms?