Land Prices Surge on Cardano Metaverse Project Pavia

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Land prices surge on metaverse project Pavia_io , which launched on the Cardano network last week. By shauryamalwa

Plots of land from the Pavia metaverse listed on an NFT marketplace. on the Cardano network last week, becoming the first-ever metaverse project on the blockchain.

Some 100,000 ‘land parcels’ were issued on Pavia, each being minted as a unique non-fungible token with individual ‘coordinates.’ Over 60% of these parcels were pre-sold in October and November 2021, with the remaining set to go on sale in the first quarter of 2022.generally describe a virtual world in which people can interact as they do in the real world, but digitally.

Pavia’s native token functions as an in-game currency, 25% of which was airdropped to NFT landholders following a blockchain snapshot in December 2021.

 

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