Source : ambcrypto.com
HODL DAO launches a digital metaverse: A virtual tokenized city and decentralized network that helps users manage their digital assets.
HODL DAO, a global decentralized autonomous organization, has launched HODL Valley, its premier metaverse and network that includes an ecosystem of decentralized products and services including the $MONEY token, smart contracts, decentralized application, and more.
The metaverse contains an interactive digital tokenized city that helps users manage their digital assets inside of a decentralized network utilizing blockchain technology. The metaverse combines concepts and technology from DeFi, GameFi, and NFTs, to bring together mainstream consumers and crypto enthusiasts for a fun immersive experience to manage their digital financial wealth.
The metaverse currently has over twenty properties that each serve different financial functions including a cross-chain decentralized exchange, a marketplace for buying and selling NFTs, asset insurance, borrowing, lending, staking, farming, and more. The HODL Valley decentralized application is also non-custodial and allows you to connect to popular Web3 wallets to transact using its native $MONEY utility token.
A few of the major features of the HODL Valley metaverse and network currently include:
- Cross-chain decentralized exchanges
- User provisioned AMM liquidity pools
- DeFi services such as yield farming, staking, lending, borrowing, governance, and more
- Integration with popular Web3 wallets such as Metamask, Coinbase Wallet, and more
- NFT Marketplace
- Franchise turnkey functional NFT properties
- Play-to-earn achievements and rewards
- Multiplayer competitions and mini-games
- “Create your own city” with custom NFTs for other users to view or visit
- Revenue/reward sharing business model with token buybacks
HODL DAO has invented an entirely new cryptocurrency asset and category of NFT’s called “Functional NFTs”. Functional NFTs are franchise properties in the HODL Valley metaverse that are attached to a DApp or protocol and generate revenue for the owner of the NFT property itself.
These properties can be purchased at auction and then used to provide services to other users in the network, giving a financial reward and passive income to the property owner in a similar manner to franchising in the real world.
HODL Valley also has a play-to-earn user experience that evolves alongside your personal financial journey. As in real life, your environment and properties transform as your activity on the network or wealth grows. Increased network utilization results in more rewards and a robust fully-developed city.
Citizens of the metaverse can earn achievements, challenge each other with trading battles, and participate in mini-games on the network. Anyone can also create their very own digital version of HODL Valley for others to visit while customizing their city map by placing purchased NFTs and properties in a custom terrain. HODL Valley reduces both the barrier to entry and the complexity of managing digital assets by helping citizens subtly execute financial services through a seamless gamified experience.
About HODL DAO
HODL DAO is a decentralized autonomous organization and community that develops open-source blockchain solutions that helps the world manage their digital assets.
HODL DAO believes in bridging the wealth gap and providing equal opportunity to everyone around the world. For more information about HODL Valley, please visit https://hodlvalley.com.
Disclaimer: This is a paid post and should not be treated as news/advice.