Vilinius, Lithuania, Aug. 08, 2022 (GLOBE NEWSWIRE) — The event will provide a chance to get in on the ground floor of this exciting new blockchain concept, providing access to the origin coin of both Land and Lord NFT at a discounted coin price. This exclusive opportunity will be available on the Lords of the Lands website.
LOL Metaverse is built on device and powered by Ethereum blockchain, it will be available on web, IOS, Android and VR apps. The project’s vision is to provide a motivating yet entertaining metaverse experience by bringing all forms of Metaverse Utility in one place for LOL holders and the community.
“Landlord” is the highest title in the LOL metaverse, to become a landlord you must have at least 1 Land NFT and 1 Lord NFT in the same wallet.
The main benefit of becoming a landlord is that it will generate monthly rents in Ethereum for them.
25% of royalties for LOL creators will be shared with LOL owners. The rent will be calculated according to the rarity of Land NFT and the number of days NFT holders will have both Land NFT and Lord NFT in their same wallet.
LOL will also organize e-gaming tournaments on its e-gaming partner apps/websites for its landlords where they can play their favorite games like PubG, GTA V, FreeFire, etc. and depending on the rank they score in the game, they can win exclusive LOL NFTs such as Lords, Lands, Vaults, Swords, weapons, accessories as well as prizes up to $10,000. These e-gaming tournaments will happen twice a month.
The project’s total NFT collection size includes 3000 Land NFTs and 2000 Lord NFTs, of which LOL is releasing 555 NFTs in the first presale collection.
Land NFT is a non-fungible, transferable, scarce digital asset stored in an Ethereum smart contract. It can be obtained by using Ethereum. There are 3 types of 1×1 Lands on the LOL Metaverse and each Land NFT comes with a hidden treasure chest containing rare LOL NFTs.
A Land NFT holder can build, publish and monetize their custom experiences on LOL Land and create a fantasy world using LOL custom-built templates.
Lords are the virtual reality-ready avatars, the medieval kings of the meta era, with attributes or rarities such as unique powers, gadgets and accessories. The Lord NFT holders will get beta access to the LOL Metaverse and in the future will get VIP access to LOL music concerts and sporting events.
Registration for the whitelist spots has already begun and the presale date will be announced soon on their official Discord server and Twitter channel.
The price of the Land NFTs will start from 0.2 ETH and will go to 0.8 ETH and the Lord NFT will cost 0.15 ETH each in the presale.
About Lords of the Lands
Lords Of The Lands is a decentralized metaverse of the futuristic medieval era ruled by the landlords. The project aims to bring the future of entertainment, music festivals, sports and e-gaming together through blockchain technology, virtual reality and artificial intelligence.
