Cardano NFT column: Cardano Lands

This week’s guest on Cardano NFT column is a project that reproduces the DeFi model with NFT and makes it possible to stake many Cardano NFT collections to earn HEXO tokens: Cardano Lands.

Last week’s guest was one project to build a trading card game (TCG) reminiscent of famous TCGs such as “Magic: The Gathering” and “Yu-Gi-Oh!”.

This initiative is a reference point for NFTs on Cardano and every week or so we will invite someone to answer some questions and give us an update directly from the Cardano community.

Considering that many of our readers are new to the crypto space, we want one mix of simple and technical questions.

Cardano NFT Project: Cardano Lands

Hi, glad to have you here. Introduce your team, where are you from, what is your background?

Hello and thank you for inviting us!

We are one team of 7 people from Europe and Latin America. The project’s core team has already been worked together for 7 years in the IT field. Based on simple solutions for creating websites, e-commerce, fintech, ERP and games.

In the final we came to the blockchain and decided to choose Cardano.

What is Cardano Lands? How do you merge NFTs with DeFi? And why have you chosen this blockchain for your project?

Cardano Lands is here to include additional tools for existing NFTs. We invite all Cardano projects from different corners to join Staking program to become qualified and generate daily rewards! Holders can benefit from NFTs that they already bought some time ago and hold!

DeFi is a complete ecosystem of working applications and protocols that provide value to thousands of users and we reproduce this model in Cardano Lands! Our staking program is just the beginning of that. We plan to inherit some of them metaverse mechanics and cross them with the mechanics of RTS games.

Cardano is known for its scalability and security. For the project that we are building, it is very important to work with high transaction throughput and data scale. The price of the transaction is also the important part. Ours the game that we released on October 12th is completely on the chain and we are happy about it small transaction fees on Cardano.

Last but not least, we want to talk about how friendly and nice the community is here. Every day in our Discord we see how people help each other and create new relationships.

What are the benefits for other NFT collections to use your platform? How does the staking process work?

Joining a stake program and becoming eligible is one good push for forgotten or small collections, especially with a fairly low floor price. We see how people buy NFTs from third-party markets, like jpg.store to generate more daily rewards in Hexonium (HEXO)!

Hexonium (HEXO) is the key to all upcoming content in Cardano Lands Universe! It can also be changed MuesliSwap. Good cashback for your NFTs if you don’t want to use Metalab.

Ours the investment program is non-custodial – that means all your assets remain in the wallet, and no one will ask you to send your NFTs somewhere. When you connect your wallet to our website, you will automatically starts staking your NFTs from eligible collections.

Every day you get a certain amount of rewards calculated by our stake formula, in simple words the more holders the collection has, the more mining power there will be.

You also have another native token called EXO. What is its role in the ecosystem and what does the future hold for the token and the project in general?

Yes, EXO is our governance system and can be stamped via our website. Currently, 28 million tokens were sold, but there is much more to come.

EXO is used to vote to determine collections that qualified to generate rewards from efforts.

It will be more tools for EXO tokens in the future. We have land, you know? Lands is the beginning of RTS mechanics and will be available for release in Q1 2023 for EXO only.

We plan to have EXO as the main (payment) currency of the Cardano Lands Universe to increase its value and maintain a healthy economy.

Full tokenomic information about EXO can be found this spring White paper.

One of your first gamified experiences is Metalab. What is it?

Metal lab – is the center of the Cardano Lands universe and place where new FTs are born.

This is first and main tool for HEXO tokens. Users can buy basic elements and try to combine them in different variations and invent new recipesand then use the newly discovered resources, try to create resources for the next layer!

It is four basic items available for purchase: Air, earth, water and fire.

Resources are craftable FTs and created by combining items in different proportions. High-level resources will require not only the combination of elements, but also lower-level resources.

By inventing new recipes users get inventor status. Inventor rewards refer to the prizes users receive when they discover new recipes. The first person to find the correct combination of items/resources that leads to a new recipe will be awarded the following rewards:

• Lottery ticket for a prize pool of 10,000 ADA in the inventor’s prize pool
• 1000$EXO tokens
• Mining tools – CNFT which gives you unique bonuses
• The wallet (staking address) of the inventor is immortalized in the FT which represents the invented element

The inventor prize pool is not the end goal, all resources will be used this spring upcoming games!

Great contribution. Any final thoughts? Where can people learn more?

First and foremost, we want to thanks to all our partners who joined our platform and especially those who trusted us in the beginning. We think that with our project we can help someone and unite people.

If you are not familiar with our platform yet, we invite you to join Disagreementours great community would love to help!

Disclaimer: The opinions and views of the people interviewed are their own and do not necessarily reflect those of the Cardano Foundation or the IOG. Also, this content is for educational purposes, it does not constitute financial advice.