DeNations, a Blockchain-Powered Metaverse, Launches the First INO Offering Five Nations to the Public.
Smatoos, which is already known in the blockchain industry as a token economy platform, has released the blockchain-based metaverse, DeNations. DeNations is a blockchain-powered decentralized metaverse, where anyone can manage nations, cities, and civilizations.
Metaverse is a combination of ‘meta’, which means ‘beyond’, and ‘universe’, which means a virtual space that interacts with the real world, where people can engage in economic, cultural, and social activities. Currently, in the blockchain industry, services that gamify a metaverse such as Decentraland and Roblox have already been released. Unlike other services, DeNations closely connected the real world with the metaverse, and was designed to create profits while playing games.
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DeNations’ users own nations and can build cities and civilizations. Users can make money from taxes and token farming by developing nations, cities, and civilizations. Nations, cities, and civilizations are issued with Ethereum Non-Fungible Token (NFT) cards, proving their authenticity and ownership, even outside the game. NFT card holders develop nations, cities, and civilizations in DeNations and earn tokens and profits. Various national policies are determined by the Quadratic Voting proposed in the book by Eric Posner & Glen Weyl. DeNations develops nations, cities, and civilizations in the direction NFT card owners are aiming.
PUBLISHED BY– AIT News Desk