The entire crypto gaming and Metaverse industries boomed after Meta’s introduction in late 2021. Virtual land-based projects drew a lot of attention. It’s amazing what you can do with digital real estate – you can host events, design it, and even rent it out.
For a long time, people have been demanding the ability to purchase NFTs on Polkastarter, and now they can! The NFT sales platform is now available for use. Individuals can contribute money to various virtual estate sizes and then claim their selected offerings on the project’s website.
Meta is excited to announce that their first NFT sale will take place in partnership with Cryptoverse, a metaverse built on top of the present ChainGuardians environment.
For Cryptoverse, Meta will be holding an NFT land sale, which ChainGuardians should be aware of. They started as a Polkastarter project in 2021 and swiftly rose to prominence.
What is the Cryptoverse, exactly?
The ChainGuardians ecosystem includes a three-dimensional metaverse called Cryptoverse. Users can create, own, and sell unique experiences using ChainGuardians’ money, $CGG. The ChainGuardians and ChainBoost ecosystems are also built on top of this token. The non-fungible token (NFT) LAND can be used to buy, rent, or sell a virtual location in the Cryptoverse.
Unreal 5 was used to construct the Cryptoverse, which is based on blockchain technology.
Users can use the Ethereum blockchain to prove their land ownership. Despite the fact that the cost of gas is excessively high, Cryptoverse picked ETH because of its security and dependability. However, this does not rule out the possibility of NFTs being used outside of the Ethereum network. The Cryptoverse is the first Metaverse project that place a high priority on multi-chain capabilities.
For the Cryptoverse NFT sale, what information is required?
In comparison to most NFT land sales, this one will be special. Customers will be able to purchase Estates, which are made up of one or more parcels, rather than individual pieces of land (the average size of a particular field is 56mx56m).
These estates will be placed at random on one of Cryptoverse’s eight continents:
The Center
Entertainment & Games
Education
Exceptional Culture
Business
Underworld
Founderland
Kolland
The public is invited to participate in the sale, which will begin on March 8, 2022.
Only POLS holders will be allowed to use it at first.
Individuals who applied without a POLS will thereafter be eligible to participate, and if the property remains available, it will eventually be open to anybody.
The following is the format of the sale:
Applications will be accepted.
Allowlisted individuals can distribute funds according to the estate size they specify.
They wish to use Cryptoverse’s website to mint their NFTs.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.
