EDUSELL
Financial Market Examiner
Midas Crypto Vault
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
Financial Market Examiner
No Result
View All Result
Home Crypto News

Affyn Unveils NEXUS World Metaverse Viewer

Admin by Admin
November 7, 2022
in Crypto News
0
Affyn Unveils NEXUS World Metaverse Viewer
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
MMC MMC

The Singapore-based metaverse protocol, Affyn, has unveiled its virtual real estate solution, Nexus World. This is to give users a uniquely immersive experience when they’re in the metaverse.

A metaverse is a virtual world or space where users can socialize and interact through avatars. With features that often gamify social interactions while simulating real-world environments. Some metaverses also allow for VR integration, providing a more immersive experience for their users.

One of the core features of the metaverse is its use of well-structured economies backed by their ecosystem cryptocurrencies.

This allows their users to purchase in-world items and assets that hold real monetary value. Chief among these assets is virtual real estate, represented by parcels of land that constitute the respective metaverses and can be freely traded among its users. These land parcels are NFT-based assets tradable on decentralized platforms, such as OpenSea or Sandbox, that allow property exchange across metaverse worlds.

The virtual land niche in the metaverse has been on the rise since its inception. In July 2022, a global market research firm Technavio, predicted the real estate market in the metaverse to grow past USD 5 billion by 2026.

The Nexus World is a virtual real estate metaverse developed by the P2E protocol, Affyn. Nexus World is unique compared to other real estate metaverses in that the entire metaverse is mapped according to the real world.

Nexus World provides many avenues for players to earn rewards in NFTs and other digital assets. Landowners can earn rewards from other players participating in activities on their land. This means that the more you host exciting events and campaigns on your land, the higher the traffic, and as a result, the more your rewards.

metaverse

Landowners can also earn by designing their lands to include an array of natural features to beautify and then rent them out to other players within the ecosystem.

The metaverse gives its players a unique experience, boosted by different weather conditions within the metaverse called Biomes.

There’s a total of 100,000 plots of land in Nexus World, half of which will be available to buyers before the platform launch, and the remaining 50% will be on sale after the launch.

Each Land NFT in the NEXUS World is a Hometown. The owner of the Land functions as the Mayor of the Hometown. For a player to earn in NEXUS World, they must become a Citizen of a Hometown.

While Players can apply to become Citizens for free, the application must however be approved or denied by the Mayor. When Citizens earn in the NEXUS World, a portion of their earnings will go to the Mayor as taxes.

The first step to owning Land in NEXUS World is to purchase FLAGS. The FLAGS will in turn be used to purchase the Lands. At any point in time, a member of the NEXUS metaverse can only possess a maximum of 55 Flags.

The Affyn team has made it clear that it will begin unveiling Cities in its metaverse. Players will be able to plant their Flags and claim their Land in the City.

In a bid to make it easier for members of the NEXUS metaverse to decide on the Lands to claim, the team has launched the NEXUS World Viewer. It gives users access to see important details and preview plots of Land available for sale in the City.

The NEXUS World Viewer is loaded with several features designed to make it easier for users to navigate the entire metaverse and see what the Lands look like, including Zoom Control, which gives users a larger or smaller view of the Cities and Land, Search bar, Color-Coded Land Rarity, Land Details Panel, Land Features, and more.

Share on TwitterTweet
Share on Pinterest Share
Share on LinkedIn Share
Share on Digg Share
Tags: AffynCryptoMetaverse
Institutional Trading Concept Institutional Trading Concept Institutional Trading Concept
ADVERTISEMENT
Previous Post

Cardano Babbage V 5.0.0 App Available To Download

Next Post

OpenSea Creates Tool To Help NFT Collections

Admin

Admin

Next Post
OpenSea Creates Tool To Help NFT Collections

OpenSea Creates Tool To Help NFT Collections

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

  • 99 Subscribers
  • Trending
  • Comments
  • Latest
AUD USD pair

Forex: AUD/USD Point To More Downside For The Aussie

October 20, 2022
yen and dollar

FOREX-Yen Flirts With Intervention Level As Dollar See Gains

October 11, 2022
Virtual stadium in the metaverse

Why Virtual Stadium Can Be the Next Big Thing in the Metaverse

January 26, 2023
USDD Depegs

USDD Stablecoin Depegs To $0.96, Tron (TRX) Dumped

December 12, 2022
What is Initial Coin Offering?

Initial Coin Offering (ICO)

0
What is staking?

Staking

0
What is Defi?

Defi (Decentralized Finance)

0
Differences between Axie Infinity and Decentraland

Axie Infinity and Decentraland: Features and Differences

0
FTX seeks to recover political donations made by Sam Bankman-Fried

FTX Seeks To Recover Political Donations Made By Sam Bankman Fried

February 6, 2023
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

February 6, 2023
Crypto Trading Volume Rises By 25.9% Due To Whale Moves

Crypto Trading Volume Rises By 25.9% Due To Whale Moves

February 6, 2023
Hackers Stole $3.8 Billion From Crypto Firms

Hackers Stole $3.8 Billion From Crypto Firms

February 6, 2023

Recent News

FTX seeks to recover political donations made by Sam Bankman-Fried

FTX Seeks To Recover Political Donations Made By Sam Bankman Fried

February 6, 2023
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

February 6, 2023
Crypto Trading Volume Rises By 25.9% Due To Whale Moves

Crypto Trading Volume Rises By 25.9% Due To Whale Moves

February 6, 2023
Hackers Stole $3.8 Billion From Crypto Firms

Hackers Stole $3.8 Billion From Crypto Firms

February 6, 2023
Financial Market Examiner

Get all the latest Financial Market (Crypto & Forex) news, updates and other relevant resources here.

Follow Us

Browse by Category

  • Crypto News
  • Education
  • Forex News
  • Gaming
  • Reviews
  • Stocks

Recent News

FTX seeks to recover political donations made by Sam Bankman-Fried

FTX Seeks To Recover Political Donations Made By Sam Bankman Fried

February 6, 2023
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud

February 6, 2023

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

?>