Revolutionary blockchain-powered project, Pavia, makes history as the first-ever Cardano virtual world owned by its users
January 12, 2022 —
The Pavia project has made history as the first metaverse being built on the Cardano blockchain, offering members of the community a plethora of benefits, including remarkably lower transaction fees and an eco-friendly proof of stake as opposed to the Ethereum chain. It is Cardano’s debut metaverse project and is already gaining traction, with the second LAND sale launched in November 2021, following the first sale of LAND parcels by random allocation in October.
Recent predictions reveal that Metaverse could reach $800 billion by 2024, with the recent interest surge driving the market to over $47 billion even at the peak of the pandemic. The Metaverse is also growing in the world of gaming, sitting at about $180 billion and predicted to hit the $400 billion-dollar mark by 2025. However, the Cardano project looks set to raise the bar, a claim substantiated by the launch of Pavia.
Named after the great mathematician of the 15th century, Gerolamo Cardano, the Cardano blockchain launched Pavia.io, naming the metaverse after his birthplace. The metaverse currently has more than 8,500 unique NFT landowners, making pavia.io one of the most decentralised in the space. Each parcel is a uniquely numbered Cardano NFT (CNFT) based on coordinates within Pavia.io, with plans to deliver the in-game Pavia experience that will undoubtedly disrupt the gaming industry.
The Pavia ecosystem also includes the $PAVIA token, the native token of the metaverse, which will be used in purchasing LAND parcels, NFTs, and in-world digital items that are built on the network. Experts have also predicted that the token can be used for making purchases on Cardano NFT marketplace CNFT.io. The $PAVIA token snapshot took place on 17th December and 500,000,000 tokens were dropped for free to NFT owners, making it Cardano’s largest-ever airdrop, with a maximum supply of 2,000,000,000.
The final land sale in the Pavia metaverse, which will bring the total sales to 100,000 NFT land parcels, will take place in Q1 2022. Pavia has also partnered with readyplayerme for avatars which are accepted in over 1,100 apps and games, as part of the goals of achieving interoperability.
For more information about the Cardano metaverse and its inherent features, visit – www.pavia.io. Pavia also has a strong online presence across social media, including Discord, Twitter, and YouTube.
Contact Info:
Name: Morgan David
Email: Send Email
Organization: Pavia Corp.
Website: http://www.pavia.io
Release ID: 89059769
