DigiLand & DigiToken
We are introducing two digital assets: DIGILAND, a non-fungible plots in which the digiverse is divided; and DIGITOKEN, a multi-chain fungible cryptocurrency powered by blockchain technology that is burned to claim DIGI land, as well as used to conduct transactions on the digiverse such as the purchase of goods and services.
Digiverse is divided into plots which are defined by coordinates. Developers and content creators can easily buy this piece of digital real estate and use it for a variety of purposes just like a physical land. The land is scarce and therefore will attract significant value as individuals and brand try to establish their presence in the digiverse
The utility of DIGI land is based on its adjacency to other attention hubs, its ability to host applications, and its capacity to serve as an identity mechanism.
Developers and other content creators will demand DIGI land so that they can build on top of it and reach their target audience. Although every unclaimed DIGI land can be purchased at the same exchange rate, plots of land are distinguishable from each other, potentially trading at different prices on a secondary market due to differences in adjacencies and traffic.
DIGILAND will be distributed in stages. The first stage will grant access to 25% of the plots separated into four categories: Rigil, Vega , Capella, and Orion.
Landowners will be able to build anything on their LAND, create passive revenue streams, acquire in-game materials as NFTs, and earn prizes by participating in some activities.
On the other hand, DIGI token will serves as a proxy to claim ownership of a new DIGI land. Additionally, DIGI token will be used to buy goods and services in the digiverse thereby creating utility value for the DIGI token.
Last updated