DecentWorld expands the NFT selection with buildings

DecentWorld, a Swiss metaverse digital real estate and gaming platform, introduced its transformative 2.0 update. The update brings serious changes to the NFT economy inside the platform, as well as expanding the options available to users. At the center of the new update is a record number of unique NFTs in the form of buildings.

ZUG, Switzerland – March 22, 2023 —

Before the update, the main NFT users of DecentWorld were able to create were Streets. Owners of multiple streets can also combine them to create new NFTs in the form of collections. The latter also allowed users to stake NFTs and generate returns.

DecentWorld was always the metaverse project aiming for impressive scale, and before the new update already had 18.5 million unique street NFTs available for minting. With the new update, almost 62 million buildings will also be available for embossing.

“One of the main underlying goals of DecentWorld is to shape the future of virtual real estate. With that in mind, streets were never the end goal, rather a starting point. With this ambitious update, we not only increased the scope, we also overhauled the peer-to-peer economy on our platform.” said Liucija Lenkauskaite-Stankevice, project manager at DecentWorld.

Changes to the DecentWorld economy

Although both streets and buildings are their own independent digital assets, there is a clearly established connection between them. Early adopters who entered the project before the launch of 2.0 will be pleasantly surprised by a newly introduced reward mechanic. Since buildings cannot be marked until the street they are on is marked, rewards will be distributed to street owners for each marked building.

“We wanted to implement Street Royalties for two main reasons. First, it was a way for us to reward early adopters who have been with the project from the start. The second reason was to showcase what’s coming in the future. We don’t have intent to stop at buildings, the next step in DecentWorld’s evolution will introduce floors. Floors will come with their own reward mechanism for building owners and will become a convenient entry point for e-commerce.” Liucija Lenkauskaite-Stankevice added.

Street Royalties in DecentWorld come to a fixed one-time reward. 10% of the price of a minted building goes to the owner of the street NFT the building is located on. The newly introduced mechanic brings a whole new dimension to the peer-to-peer economy in DecentWorld. It comes as an addition to efforts, and the active secondary market as a way for people to unlock the potential of NFTs and express true ownership over their digital assets.

About DecentWorld

DecentWorld is a Swiss metaverse digital real estate and gaming platform built on blockchain technology to introduce a next-generation web3 experience. The DecentWorld 3D Downtown Dubai experience hosts entertaining mini-games that you can play to earn, and features metaverse marketing locations throughout the city. The platform also allows members to create and trade digital Street NFTs, which can then be combined into pools and bet. DecentWorld also stands for trust and transparency in the blockchain industry.

To fully explore our metaverse, please visit www.decentworld.com

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For business partnership, please contact [email protected].

Contact information:
Name: Lisa
Email: Send email
Organisation: DecentWorld
Website: http://www.decentworld.com

Release ID: 89092104

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COMTEX_427229936/2773/2023-03-22T08:05:56