Hot on the heels of projects like Decentraland and the Sandbox Game on Ethereum, the Metaverse comes to the Cardano blockchain in the form of Pavia.io
The First Cardano Metaverse, Pavia.io, Has Launched. With the launch of pavia.io, the Metaverse arrives with a project closely related to Decentraland but built on the blockchain. While Non-Fungible Tokens (NFTs) explode onto the Cardano blockchain.
Cardano blockchain took inspiration from the famous mathematician Gerolamo Cardano
Named after renowned mathematician Gerolamo Cardano, the ADA blockchain uses blockchain technology. In addition, Pavia, where he was born in 1501, is the name of the metaverse project.
Early adopters appear to be turning their focus to NFTs that give more usefulness than a social media profile image ‘flex’ as art-based NFT sales soar on Cardano, thanks in part to the CNFT.IO trading platform’s pre-smart contract debut in the summer of 2021 and cheap network transaction fees.
Pavia.io now has 100,000 land parcels, each of them minted as an NFT with coordinates. From October through November 2021, the project has sold around 60% of the land lots. A final is scheduled for Q1 2022.
Pavia has an in-game currency, $PAVIA
As with all metaverse projects, Pavia has its own virtual currency, $PAVIA. Moreover with 25% of that currency airdropped to Pavia NFT land holders following a blockchain snapshot in December 2021.
There is an active native asset exchange. Mueseliswap.com, that maintains a primitive, yet functional order matching system. In the environment before DEXs and fully functioning Decentralized Exchanges (DEXs).
Following the pandemic, there was a boom in creation of an overall Metaverse, with estimates of a possible valuation of around $800 billion by 2024. With projects starting on numerous blockchains, Pavia appears to be the people’s choice on the Cardano chain, thanks to its first mover advantage.
and then