Singapore, Singapore, Nov. 3, 2022 (GLOBE NEWSWIRE) —
Web3 metaverse project ZTX (ZepetoX) announced Thursday that it has partnered with Magic Eden, the largest Solana-based NFT marketplace, to launch an NFT home sale that aims to reward early evangelists and community builders while reaffirms its vision of building a metaverse for all.
Instead of opting for a conventional virtual land sale, ZTX will offer virtual land for free to anyone who registers and claims land on the platform. However, to reward early backers, ZTX will be conducting an NFT Home Sale offering 4,000 unique 3D rendered home NFTs packed with in-game tools. As home NFT owners, users will get increased economic activities and asset production on ZTX land, as well as priority access to exciting updates and features.
The sale, scheduled for December, will go live on Magic Eden, which boasts around 10 million unique monthly sessions and thousands of daily transactions.
Building on the Solana network, ZTX is the crypto metaverse initiative jointly incubated by ZEPETO – considered Asia’s largest metaverse platform with over 340 million registered users – along with leading global blockchain organizations including Jump Crypto.
Earlier in August, ZTX announced plans to create an immersive 3D open world that will empower creators and communities to build, play and earn. With exclusive ties to ZEPETO, ZTX aims to create a metaverse that will succeed with new audiences, web3 natives and ZEPETO’s existing web2 users.
Why domestic NFTs, and not land?
In today’s metaverse projects, the barriers to entry for the average person are high – with plots of virtual land positioned as expensive speculative assets that make it difficult to own. This often limits users who lack financial resources from enjoying or contributing to the metaverse, while institutional investors and companies with deep pockets ultimately account for the majority of the virtual real estate.
In ZTX, land will be free, unlimited and available to everyone. The country will unlock the core features of the game and serve as a base for home NFTs in ZTX. Users, in the form of their avatars, will be able to develop and explore the land as well as socialize with each other. Overall, users eager to dedicate time and contribute to the metaverse will have the opportunity to own lands, enjoy immersive experiences, participate in core game loops, and become part of a growing ZTX community.
“We’re excited to debut our genesis home coin at Magic Eden. We’re building a metaverse for everyone with mass adoption in mind, and it was important to us to create a place where users can come and enjoy without worrying about price tags – a place that users can call home, says Chris Jang, Co. -CEO of ZTX, explaining the decision for the gathering to focus on home NFT.
Magic Eden’s co-founder and COO, Zhuoxun Yin, commented: “We are excited to bring ZTX’s genesis home coin to Launchpad and introduce our Solana community to the creative possibilities that users can explore across the ZTX world – where homeowners can find artistic expression , connect with others and play games.”
The Genesis home NFTs will be customizable and immersive in-game assets to be placed on user-owned lands in ZTX. Users will be able to enter homes, decorate rooms, use it as an NFT gallery and even host gatherings.
In addition, the home NFTs will serve as membership cards that grant access to one of the four ZTX districts, which are unique virtual districts each representing ‘arts and entertainment’, ‘fashion’, ‘finance’ and ‘gametech’. Most social and economic activities will take place within these districts, which will be governed by householders, or the community, whose homes will be linked to the districts where their homes are.
Further details of the Genesis Home NFT sale will be revealed on the ZTX website, blog and Magic Eden Launchpad in the coming weeks.
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About ZTX:
ZTX is a web3 metaverse project that empowers creators and communities to build, play and earn. With mass adoption in mind, ZTX builds an immersive 3D open world where users can create, trade digital assets and enjoy social interaction. Founded in 2022, ZTX is the joint blockchain initiative of Jump Crypto and ZEPETO, considered the largest Asia-based metaverse platform with over 340 million lifetime users and over 2.5 billion virtual fashion items sold. For more information, visit ZepetoX.io.
About Magic Eden:
Magic Eden is the leading community-centric NFT marketplace powering the next billion users of the Web3. Led by former crypto, technology and hospitality leaders, Magic Eden is building a user-friendly platform powered by market-leading coining and trading solutions. Magic Eden brings dynamic cultural moments into the blockchain, empowering users in thousands of digital communities to create, discover and collect unique NFTs. For more information, visit www.magiceden.i
Contacts:
ZTX: [email protected], [email protected]
Throne PR: [email protected]
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