Fun

Dvision Network Deploys on Polygon Mainnet as Widespread Interest in Metaverse Continues

News Feed - 2022-01-20 07:01:13

Dvision Network Deploys on Polygon Mainnet as Widespread Interest in Metaverse Continues press release


PRESS RELEASE. Dvision Network is currently live on Polygon Mainnet, further solidifying their position as the definitive multichain metaverse protocol. It must be noted that Dvision Network recently had their first primary and de facto biggest LAND Sale on BSC (Binance Smart Chain), selling out in a matter of minutes across three platforms which included Binance NFT and NFTb. The addition of Polygon Network support foreshadows the imminent second round of the LAND NFT Sale for the Dvision Metaverse, which will reportedly take place in the first quarter of 2022 as per the official timetable.


For those who may be unaware, Dvision Network is basically a blockchain-oriented metaverse content ecosystem that also supports NFT marketplace within its augmented reality. Dvision Network is hence ushering in a new environment in which mankind may live a prosperous existence at the epicentre of the 4th industrial revolution based on ICT (Information & Communications Technology).


Huge milestone finally achieved


In this business, being able to reach different milestones set by a corresponding roadmap is paramount to ensure long-term success. Dvision Network was therefore able to reach such a milestone thanks to it now being live on Polygon Mainnet. Dvision Network had stated its ambitions to incorporate Polygon back in 2020, as scalability concerns on the Ethereum Mainnet began to emerge, prompting numerous decentralised finance, gaming, and metaverse protocols to look for suitable alternatives.


Dvision Network has therefore managed to obtain access to Ethereum’s flourishing ecosystem without being hampered by poor connection speeds thanks to the deployment on Polygon. Countless dApps like Aave, Curve Finance and SushiSwap have already been implemented on Polygon as well.


Also, given Dvision Network’s complex token economy, the step was seemingly required to guarantee that the users within their respective ecosystem would be granted low-cost and exceedingly fast transactions. Moreover, support for the Polygon Network has been formally added to the initiative’s dApp (decentralised application) and marketplace as part of the multichain effort, which the team wants to launch in 2022 by joining multiple chains through bridges.


Relationship with the metaverse and virtual land


Even though Dvision Network has formed a sustainable path to their continued development via their initial LAND Sale, the digital estate market is red-hot at the moment and various other key players routinely contribute to it including the likes of Decentraland (MANA), The Sandbox (SAND), and many more. As a result, sales worth millions of dollars are being generated in addition to the ever-increasing widespread interest by mainstream celebrity icons, people of influence and other traditional entities.


Furthermore, during Dvision Network’s first auction, LAND NFTs had been given to investors at relatively cheap rates, with their average 1×1 virtual plot being sold for roughly $100, with secondary bids reaching heights of $700 to $800, generating a massive 700% increase in their basic value. The Dvision Network also recently announced a second LAND NFT sale on their network. Those who are interested should brace themselves for fierce competition, as the last LAND auction sold out in less than 5 minutes.


According to the Dvision Network’s whitepaper, its LAND NFTs may be used for a multitude of applications, including gaming, education, earning passive income, hosting conferences, and so much more. In this way, Dvision Network aims to cater to the needs of a wide variety of individuals with differing needs and preferences.


Finally, the allure of the blockchain metaverse is that consumers may own their virtual objects as NFTs. Consequently, no single entity is in control of everything, however, many businesses are nevertheless greatly interested in the metaverse concept including but not limited to Nike, Epic Games, and even Facebook. The metaverse market would thus appear to be thriving, regardless of whether investors are multi-million dollar corporations or just everyday individuals.


 


  Tags in this story Dvision Network


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. Bitcoin.com Media


Bitcoin.com is the premier source for everything crypto-related. Contact ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options. SCRT Labs Launches $400 Million Fund to Bolster Privacy Network"s Ecosystem and Application Layer PRIVACY | 31 mins ago Bitcoin Dominance Increases, ETH"s Market Share Slides, Stablecoin and Smart Contract Coins Rise MARKET UPDATES | 3 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleBitcoin Dominance Increases, ETH’s Market Share Slides, Stablecoin and Smart Contract Coins Rise Next articleSCRT Labs Launches $400 Million Fund to Bolster Privacy Network’s Ecosystem and Application Layer More Popular NewsIn Case You Missed ItRussia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition


The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with services and solutions for digital financial assets. Tinkoff Bank Buys ... read more.Swiss National Bank Trials CBDC in Transactions With Five Banks Kingdom of Tonga May Adopt Bitcoin as Legal Tender, Says Former Member of Parliament FTX Launches $2 Billion Venture Capital Fund Focused on Bolstering Blockchain, Web3 Adoption British Lawmakers Say a CBDC Is Likely to Hurt Financial Stability — Digital Pound Benefits Overstated

News Feed

Crypto Crime Fell Sharply to Only 0.3% of All Cryptocurrency Activity in 2020
Crypto Crime Fell Sharply to Only 0.3% of All Cryptocurrency Activity in 2020 A study by blockchain analytics firm Chainalysis finds that cryptocurrency-related
Abhishek Saxena11 hours agoHow to bear the bear market: Web3 tipsThis is the moment to stay true to your vision and remember why you began in the first place.554 Total views1 Total sharesListen to article 0:00Innovation
Bitcoin, Ethereum Technical Analysis: BTC Back Above $40,000 Following Record U.S. Inflation Data
Bitcoin, Ethereum Technical Analysis: BTC Back Above $40,000 Following Record U.S. Inflation Data Bitcoin and ETH both fell below key price levels on Tuesday, as crypto bears conti
Bitcoin Unlimited Launches Two-Option Voting App Powered by Bitcoin Cash
Bitcoin Unlimited Launches Two-Option Voting App Powered by Bitcoin CashOn September 16, the Bitcoin Unlimited development team launched a new application called Votepeer. The softw
Bitcoin risks ‘sharp weekend price swings’ as ETFs suck up liquidity
Jesse Coghlan3 hours agoBitcoin risks ‘sharp weekend price swings’ as ETFs suck up liquidityBitcoin trading volume and liquidity are concentrated on weekdays due in part to ETFs and could cause more wild price swings
Crypto trading firm Cumberland secures New York BitLicense
Turner Wright4 hours agoCrypto trading firm Cumberland secures New York BitLicenseThe New York State Department of Financial Services lists 33 companies holding licenses, allowing them to offer crypto-related products an
Martin Young2 hours agoFTX, Genesis reach in-principle agreement to settle bankruptcy caseFTX and Genesis lawyers have sent a letter to the bankruptcy judge regarding a settlement agreement.946 Total views6 Total sharesL
USDT aims to offer a lifeline to inflation-stricken nations: Tether CEO
Zoltan Vardai10 hours agoUSDT aims to offer a lifeline to inflation-stricken nations: Tether CEOUnlike other stablecoin issuers, Tether says it is focused on offering stablecoin services to the world’s unbanked, which
9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race
9 Trillion vs. 100 Trillion: Billionaire Mike Novogratz Asks Which Cryptocurrency Will Win the Payments Race On December 31, billionaire investor Mike Novogratz
Bernstein analysts expect $200K Bitcoin price by 2025 due to spot BTC ETF flows
Nancy Lubale7 hours agoBernstein analysts expect $200K Bitcoin price by 2025 due to spot BTC ETF flowsAnalysts at Bernstein predict Bitcoin price to hit $200,000 by 2025 and $1 million by 2033.1631 Total views7 Total sha
Bitcoin and Binance token dip slightly as CZ is released
Vince Quill2 hours agoBitcoin and Binance token dip slightly as CZ is releasedAccording to a previous Forbes report, Zhao and Binance collectively hold 71% of the roughly 146 million BNB tokens in circulation. 726 Total
Web3 and How It Helps the Environment – Dave Uhryniak of TRON DAO Explains
Web3 and How It Helps the Environment - Dave Uhryniak of TRON DAO Explains TRON is a layer-1 blockchain utilizing a delegated proof of stake consensus mechanism. Its eco-friendly n