Cryptocurrency News

Cryptoverse LAND Sale Goes Live on Binance NFT Marketplace and Galler

By March 22, 2022 No Comments

Key takeaways:

  • Cryptoverse LAND plots are now available for purchase on Binance and Galler NFT marketplaces
  • LANDs can be traded, rented, and otherwise customized by their owners
  • The Cryptoverse is being developed by the team behind the popular RPG game ChainGuardians 

Binance and Galler users can now buy virtual real estate in Unreal Engine 5 powered metaverse The Cryptoverse

The team behind the popular Play-to-Earn (P2E) game ChainGuardians and the developers of the Cryptoverse have announced that virtual land plots for their new metaverse offering will be sold on Binance and decentralized NFT marketplace Galler. 

The LAND sale on Binance and Galler Marketplace kicks off on March 22 at 3:00 PM (UTC). Each plot of virtual land is tokenized as an ERC-721 non-fungible token, which makes it possible for owners to manage, trade, and customize their 3D land to their liking. LAND NFTs are designed to make the most out of NFT sharding capabilities and facilitate unique social interactions. 

Developers of ChainGuardians are Launching The Cryptoverse, an Unreal Engine 5 Powered Metaverse

The 3D world of the Cryptoverse consists of eight in-game territories, called Zones, with each zone existing on its own island. To make the experience as immersive as possible, the Cryptoverse is built on Unreal Engine 5, one of the most capable game engines in the industry capable of producing photo-realistic graphics.

The Cryptoverse team has decided to mint Single Parcels on Polygon and Estates on Ethereum in search of an optimal balance between avoiding high transaction fees while ensuring scalability and security.

The Cryptoverse Co-founder Robbie Cochrane talks about the NFT LAND sale:

“Cryptoverse is delighted to be conducting a portion of our metaverse LAND sales on Binance NFT and Galler, Binance’s DEX partner for NFTs. Binance is a household name within the industry and we’re extremely excited to include their exceptional community into our NFT LAND sales.” 

Before purchasing NFTs on Binance, the LAND sale participants must first visit the Cryptoverse landing page, select the size and the location of the virtual territory they would like to purchase, and transfer the corresponding NFT voucher via Wallet Connect by May 1 to a Web3 wallet.

In celebration of the LAND sale, NFT traders will get a chance to grab exclusive Binancio Kyubu and Galler Kyubu NFTs during the week-long special promotional period that ends on March 28th at 11:00 (UTC).

The metaverse sector has been one of the quickest growing areas in the broader crypto space for the past couple of months and the trend shows no signs of slowing down going forward. According to a global research firm PcW, the metaverse market will grow to $1.5 trillion by 2030 and account for a whopping 1.81% of the global GDP.