Parcels of Netvrk land are sold to users as NFTs. Acquiring land enables users to develop and monetize their headquarters in the metaverse. Landowners will have creative freedom over their virtual property. They can build and deploy assets on their land, as well as rent and delegate their land to third parties, using a zero-trust system. Being a virtual landowner allows users to participate in the metaverse in several ways:
- 1.Landowners receive a share of Netvrk Marketplace revenue, as well as a share of Netvrk NFT royalties.
- 2.Landowners are able to participate in governance through the Netvrk DAO.
- 3.Landowners can deploy e-commerce storefronts, games, and experiences on their land, and monetize them.
- 4.Landowners enjoy the ability to rent or delegate their land to third parties in a safe, trustless manner.
- 5.In order to receive Netvrk Reserve distributions, Land must be staked and participation requirements must be met to be compliant with known regulations.
- 6.Landowners can deploy advertising on their land to monetize user traffic.
See the full Land usage guide in the Land Ownership portion of this whitepaper.
Users can purchase vehicle transport NFTs from the Netvrk Marketplace. Once owned, users can sell, trade, stake or rent their transport NFTs. Transports will be fully functional in the metaverse and can be used to traverse the land, transport multiple avatars, store items and receive increased staking rewards and even participate in select blockchain games.
Netvrk Avatar NFTs
Netvrk will provide players with a default avatar to explore the metaverse. These default avatars will have a limited amount of customization available.
Premium avatars are available for purchase through the NFT marketplace on Opensea. These avatars will be fully rigged and animated and can be used to participate in any Netvrk created blockchain games. These avatars will have the full customization menu available to them, to include designers clothing from our partners and from other User Generated Content providers.
Enables holders to unlimited daily resources to build with, boosted earnings on ads and referrals, free enrollment in Netvrk's NFT Lottery, and discounts on Netvrk's featured NFTs.