More than 60% of the 100,000 virtual lands have sold out. Presently the land rates escalate on Cardano Metaverse Pavia. However, the rest of the virtual lands will be put on sale in the first quarter of 2022.
Land Rates Escalates On Cardano Virtual World:
As per reports the Land Rates Escalates On Cardano Metaverse Pavia. As Cardano metaverse, Pavia arrived at the peak time when all the virtual lands were dealing in millions of dollars in the virtual world that based on the blockchain system. The virtual plots of Pavia were enlisted as high as 30,000 Cardano on the CNFT, Cardano’s NFT Marketplace.
Many companies have moved and many companies are yet heading towards the virtual worlds yet. Like recently the biggest crypto-exchange Binance is constructing its office in the metaverse portals, that is Solana’s Metaverse project.
Additionally, a few 100,000 Virtual parcels of land were issued on Cardano Metaverse Pavia. Every parcel is being minted as a unique non-fungible token ( NFTs) with user “Coordinates”. In the end, months of 2021 more than 60% of these virtual plots of land, of Pavia were pre-sold. However the remaining are ready to go on sale in the early quarter of 2022.
Last week a gaming application of Pavia was released on the Cardano network. And developing into the first Metaverse project on the Cardano blockchain.
Cardano Metaverse, Pavia’s Own Tokens:
The Pavia’s own token that works as an in-game currency, 25% of the native token was airdropped, to virtual landholders of Pavia, Metaverse following a snapshot in December 2021.
At the time of reporting, data by Muesliswap, a Cardano-based exchange, expressed that Pavia tokens sell for up to 20 cents, and also contain a market capitalization of above $107 million. This data also exhibited the virtual plots of Cardano metaverse, Pavia has 8300 owners now.
But, now users are unable to place their assets of Metaverse, Pavia. Documents from Pavia caution said, “Please remember at this stage in development you cannot visit or deploy any content onto your land parcel.”
What Are Non- Fungible Tokens And Metaverse?
Non- fungible tokens can digitally represent digital assets. These digital assets can be audio, video, stickers, and artwork. These digital tokens were developed on the blockchain system. And there is no other copy, and they are just created one special piece and unable to copy. And Metaverse is a virtual world, where people can interact, and play games, with each other.
Please don’t forget to leave your comments and feedback. As well as you can connect with us on our NFT based community on our social media accounts on Instagram, Facebook, and Twitter. Feel free to share your thoughts, and comments with us.
Disclaimer: We are not experts or financial advisors. Kindly, take your decisions at your own risk.
News source by Cointelegraph.
