The Cardano Network Welcomes the Metaverse

By January 17, 2022The Sandbox
Click here to view original web page at www.cryptonewsz.com
The Cardano Network Welcomes the Metaverse

The Metaverse is quickly becoming a global trend in the blockchain market as The Sandbox and Decentraland enter the Ethereum ecosystem. The Cardano network just joined the race by welcoming Pavia.io.

The integration is similar to Decentraland, except developed on the PoS (proof-of-stake) blockchain technology. The Cardano network was inspired by the renowned mathematician Gerolamo Cardano. In a similar fashion, the Metaverse project borrows the name from the mathematician’s birthplace, Pavia.

The network has witnessed a quick surge in the sales of art-based NFTs. A major reason behind the boost is the launch of the CNFT.IO platform that boasts a pre-smart contract launch. The platform also offers economical network transaction fees, which is attracting early adopters towards NFTs for its utility more than a flex or social status tool.

Pavia.io currently owns around 100k Land parcels, which are all minted as unique NFTs with coordinates. With the final sale batch scheduled for 2022 Q1, the network is already out 60% of the parcels. The platform sold the amount during the sale during October and November 2021.

Similar to every other Metaverse project, Pavia.io also has its in-game currency, called $PAVIA. Almost 25% of the currency was airdropped to Pavia land NFT users in December 2021. Even though the final batch of the token has not come out yet, tears are already investing in the native assets on mueseliswap.com.

With the Metaverse expected to cross the 800 billion dollars mark by 2024, projects like Pavia.io appear to be a fantastic opportunity for the Cardano community. The project offers the first-mover advantage, which might make it the people’s choice in the Cardano ecosystem. Follow the link if you’re interested in the future of Cardano.

All Today's Crypto News In One Place