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- Cardalonia started LONIA token sales July 5, 2022; staking is live
- Land NFT sale to be announced soon
all about cryptop referances
The first ever Metaverse project on Cardano (ADA) is approaching an important adoption milestone
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The new Cardalonia gaming ecosystem (LONIA) invites all GameFi enthusiasts to purchase the LONIA token, a vital element of its tokenomic ecosystem.
According to the official announcement shared by Cardalonia (LONIA) lagits token is now available to all participants in the “early birds” campaign.
Cardalonia advance sales are live (how to participate) https://t.co/P6KkDmix3C#Cardano #Cardalonia #ADA #NFT #Metavers #Playtoearn # NFTs #CNFT pic.twitter.com/e5UHodSZHW
– Cardalonia (@cardalonia) July 5, 2022
LONIA is a core element for use and management in the Cardalonia ecosystem. It is also a backbone of its economical and rewarding design. Since the very first days of the LONIA circulation, owners can seamlessly bet LONIA to receive periodic payments.
LONIA players can enjoy up to 20% in APY. As of July 2022, 175 wallets have already locked LONIA in betting mechanisms; The net amount of tokens wagered is over four million LONIA.
LONIA token sales started July 5; it will be up and running for 45 days or until a hard-cap is reached – whichever comes first. LONIA tokens are available at a fixed price; for 1 ADA, an investor can claim 12 LONIA.
LONIA holders will soon be able to take part in important referendums on Cardalonia’s upgrades and limited ambassador programs.
In addition, LONIA holders will be able to influence token burn policies and take part in scoreboards.
Last but not least, LONIA token holders will be the first candidates for whitelisting for the upcoming Land NFT sale. During this sale, Cardalonia enthusiasts will be able to buy plots in Metaverse. Cardalonia also introduces its proprietary DeFi mechanism – noncustodial Proof-of-Stake (PoS) vault protocol – for retail and entrepreneurship.
As previously covered by U.Today, Cardalonia is the first Metaverse project on Cardano (ADA), the largest Proof-of-Stake (PoS) blockchain. It introduces the concept of playable avatars, ie NFTs fully integrated into the game design.
By the third quarter of 2022, Cardalonia completed its pre-sale and first NFT airdrop campaign. The gameplay mainnet and a full-stack tokenomic design will be unveiled by the end of 2022, according to Cardalonia’s updated roadmap.