Netvrk — a multi-chain metaverse, built on Unreal Engine, with powerful tools and infrastructure to create, share, experience and monetize creations. The site focuses on games, education and e-commerce.
About the NetVRk project
Unreal Engine was chosen for its unrivaled graphical capabilities as well as its scalability. Its high fidelity and rich features provide the perfect foundation for the blockchain metaverse. The Unreal Engine is increasingly used in the film and TV industry, architecture, simulations, live events, augmented reality (XR) and, of course, games. With the recent release of Unreal Engine 5, photorealistic graphics have become achievable.
In keeping with the construction of the true metaverse, it is only fitting that the platform supports multiple blockchains, each with its own strengths, communities and capabilities. Using the API and internal integration, projects from any of the above blockchains will be able to integrate into project Metaverse easily. Netvrk's native token, ticker $NTVRK, is an Ethereum-based ERC-20 token, currently traded on several major CEXs (centralized exchanges), including KuCoin and MEXC. It can also be traded on several DEXs (decentralized exchanges), including UniSwap and Rubic.Exchange.
Other features:
| 1 | The first metaverse is called Genesis Islands and consists of 15,000 NFT lots located in one of five districts: Entertainment, Creative, Education, Business and Adult. |
| 2 | Users can explore, interact with and own land in this vast metaverse. |
Having land allows users to own, develop and monetize their metaverse headquarters. Users can build and place assets on their land, as well as rent and delegate their land to third parties, using a trustless system. Land ownership is the basis of management through the Netvrk DAO as well as distribution of the Netvrk Reserve.
More about defi app
The Netvrk reserve - the financial part of the ecosystem, which will serve both for storing long-term assets and for distribution. The reserve is funded by a 10% NFT royalty, designated NFT sales and Netvrk NFT Marketplace fees. The decentralized organization is tasked with distributing and funding various Netvrk endeavors. The purpose and stated mission of Netvrk Reserve - to make Netvrk a sustainable, decentralized, autonomous organization that functions in an ideal manner and for the benefit of its citizens. Netvrk Reserve works in conjunction with Netvrk DAO to select, vote and approve proposals.