Blockchain innovator Virtual Pangea AG reveals solid plans to build its multilayered, immersive ecosystem in the metaverse. With a fresh new online look and a comprehensive lightpaper just released, Virtual Pangea puts forth a new, radical vision for products and services built for web3.
The company’s vision is a strong focus on community ownership and developing solutions and experiences that will enrich both our physical and digital worlds. The Lightpaper offers a glimpse into the Virtual Pangea ecosystem of products and services, detailing ongoing initiatives such as: the nexus technology, Block-0, multi-device compatibility approach and a focus on a contribute & earn model.
“We are excited to bring our visionary project to the world,” said Dani Chear, CEO of Virtual Pangea. “From the get-go, we had the vision of an ecosystem based on open economies and immersive environments that support and nurture communities.”
Built on four pillars, the Virtual Pangea ecosystem aims to offer businesses, institutions, and users a seamless metaverse experience
Powered by contribute & earn mechanics, the company’s fundamentals are built around a gamified network of user-generated interactions, content and services that will make up a comprehensive economy in an immersive environment.
Contribute & earn mechanics powers the ecosystem’s economy that is built on the value shared model. Aimed at nurturing strong, diverse, and collaborative communities, the ecosystem will allow all participants to create, engage and contribute to an ever-expanding interactive cross-layer experience, to create the ultimate multilayer metaverse named Virtual Pangea.
As a part of the value shared model, the company has devised an XP (Experience Points) reward distribution system that measures all Pangeans’ contributions within the ecosystem. The interactions in the platform – such as playing a game, socializing, shopping or creating art – are measured in XP in a manner familiar to those playing video games. Each month, the reward system weighs individual contributions against the overall value generated, and automatically redistributes a share of the Virtual Pangea utility tokens (VP Token) to each member, based on those contributions.
“Creating this inclusive and immersive ecosystem is also our way to contribute to technology research & development and further blockchain adoption,” concluded Dani Chear.