In Brief:
- Cardano blockchain received the first metaverse gaming project “Pavia”.
- The game contains 100,000 land parcel NFTs and native tokens $Pavia.
- Users are already holding up 60% land parcels and 25% $Pavia tokens.
After the successful induction of the metaverse project on Ethereum blockchain, Cardano blockchain now received its first metaverse Gaming project, Pavia on its network.
Pavia consists of the same properties as Decentraland on the Ethereum blockchain; the game comes up with 100,000 unique virtual land parcels in the form of non-fungible tokens (NFTs). Nearly 60% of these land parcels have already been sold in October-November 2021. The remaining lands will be expected to be sold in the first quarter of 2022.
Metaverse new fascinating virtual reality concept on blockchain technology, which allows users to experience virtual concerts, meetups, or games from any corner of the world.
The metaverse concept came into focus after the launch of the first metaverse game, The Sandbox on the Ethereum blockchain. The famous rap star, Snoop Dogg has made a deal with the platform to create ‘Snoopverse’ and organize a virtual concert on the platform.
Pavia holds its own native tokens to sustain the in-game economy. Nearly 25% of these native tokens were giveaway through airdropped to land parcel holders. At the time of the writing, Pavia tokens are holding a $0.28 market value with a $144520101.28 market cap.
Currently, The number of land parcel owners exceeds 8000. However, owners are not able to deploy any assets on land parcels. “Please remember at this stage in development you cannot visit or deploy any content onto your land parcel,” documents from Pavia caution.
After observing the demand for metaverse platforms, many collaborations are taking place. Recently, Tech giant, Samsung also launched its virtual NYC store, Samsung 837. Where, customers can participate in the event and can buy and sell exclusive digital assets, like land and wearables.
