Fun

Dvision Network Announces New LAND Staking Feature to Help Bolster Virtual Plot Utility

News Feed - 2022-05-20 08:05:41

Dvision Network Announces New LAND Staking Feature to Help Bolster Virtual Plot Utility press release


PRESS RELEASE.The Dvision Network has recently announced the new ‘LAND Staking Feature’ in their Dvision Metaverse, with the development being finalized to present a new use case to the virtual plot owners. According to the official statement, users who possess Dvision LAND NFT may now stake it and obtain DVG points or additional NFT items via the new LAND staking system. This is a crucial component of the entire project and its ecosystem as Dvision currently has about 10,000 LAND owners, as a result of 3 finalized rounds of the LAND Sales, eager to deliver fascinating and advanced content to Dvision World.


Important details to note


Dvision Network launched a new NFT staking solution to improve the usability of the digital plots, and the team has hence already completed three successful LAND sales across several platforms. Furthermore, over 10,000 LANDs have been sold through platforms such as Shopify, Binance NFT, OpenSea, and NFTb.


Also, the LAND staking function is in fact the first utility to be linked to the virtual plots prior to the formal launch of the ‘Meta-Cities’, where the LANDs shall ultimately be used to introduce content created by individuals within Dvision Metaverse.


What else is there to know?


The Dvision team has created a new rewards program called DVG (Dvision Gold). Essentially, this is a digital reward currency that is necessary to improve PETs and enable consumers to effectively utilize P2E (Play-To-Earn) in the Dvision World metaverse. Secondly, the staking period is also separated into three stages, namely one month, three months, and finally six months. The longer the staking time, the more likely it is that users will receive a better payoff. ‘Random Building Boxes’ will also be distributed beginning with the 90-day staking period. The only difference is the style of building, but if users open a random box, they will always get one regardless.


It’s worth mentioning that Dvision Network has lately been advancing from the technological perspective, as they have integrated Coinbase Wallet, Bitski, Wallet Connect and Fortmatic, which allows their metaverse users to have simplified and diverse access to their virtual world. Apart from that, Dvision Network has announced previously that they’re going fully on-chain integrating the IPFS and Filecoin data storage solutions to safely store their data.


About Dvision


Dvision Network is a blockchain-enabled NFT metaverse network with the goal of being the best in the business. Dvision uses its own VR technology to build a cutting-edge metaverse environment, thereby decreasing entry barriers for all types of users globally. As a result, designers, companies, and general users may immerse themselves in a truly dynamic and rewarding metaverse experience. Visit Dvision’s website, Medium, Telegram and Twitter channels for additional information and frequent updates.


 


 


  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. Report: Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker EMERGING MARKETS | 46 mins ago Crypto Custody Firm Fireblocks Launches Web3 Services Suite NEWS | 3 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleDubai Couple Ties the Knot in the Metaverse Next articleVietnam Launches Blockchain Association to Conduct Research and Suggest Regulations More Popular NewsIn Case You Missed ItCentral Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year


The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.Tony Hawk"s Latest NFTs to Come With Signed Physical Skateboards SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method Economist Predicts the Fed"s Response to Inflation Will Push Crypto Higher

News Feed

Former Disney boss launches Web3 game publisher with Marvel, Star Wars talent
Tristan Greene6 hours agoFormer Disney boss launches Web3 game publisher with Marvel, Star Wars talentThe team’s first game, PlanetQuest, has reportedly onboarded over 200,000 NFT holders.967 Total views15 Total shares
Tom Mitchelhill8 hours agoBlock posts 34% increase in Bitcoin revenue in Q2 but shares stumbleBitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last yea
Media Draws Attention to Sam Bankman-Fried’s 2 Visits While on House Arrest
Media Draws Attention to Sam Bankman-Fried’s 2 Visits While on House Arrest After FTX co-founder Sam Bankman-Fried (SBF) was released on bail and traveled to his parent’s h
Personal Savings Feature Added to West African Platform Facilitating Crypto-to-Fiat Conversion
Personal Savings Feature Added to West African Platform Facilitating Crypto-to-Fiat Conversion Duniapay, a digital banking platform created by three students fro
Sam Bankman-Fried speaks out after sentencing: ‘I never thought what I was doing was illegal’
Turner Wright5 hours agoSam Bankman-Fried speaks out after sentencing: ‘I never thought what I was doing was illegal’The statement to the media may be one of the last the former FTX CEO made before going to a federal
Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi’s Depreciation
Ghana Takes Steps to Operationalize Gold-for-Oil Scheme — Move Expected to Help Halt Cedi"s Depreciation According to directives issued by Samuel A. Jinapor, the Ghanaian ministe
United Nations, ICP launch digital credentials pilot in Cambodia
Derek Andersen5 hours agoUnited Nations, ICP launch digital credentials pilot in CambodiaThe UNDP’s Universal Trusted Credentials will get its second trial in Cambodia. The plan is to create a 10-country ecosystem.673
Tether CEO advocates for localized AI models to prevent hacks
Savannah Fortis14 hours agoTether CEO advocates for localized AI models to prevent hacksTether CEO Paolo Ardoino responded to OpenAI’s recent hack by claiming that localized AI models are the key to ensuring independen
CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman
CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman The chairman of the Commodity Futures Trading Commission (CFTC) has insisted that ether is a comm
AdGram Helps Brands Leverage Cryptocurrencies in the Advertising Market
AdGram Helps Brands Leverage Cryptocurrencies in the Advertising Market PRESS RELEASE. The AdGram service was founded a year ago and is currently the largest adv
Did XRP price just bottom against Bitcoin?
Zoltan Vardai5 hours agoDid XRP price just bottom against Bitcoin?XRP price has fallen over 14% year-to-date, pressured by Ripple’s ongoing legal battle with the SEC. So, a bounce is in order, analysis suggests.4631 To
OpenAI backs Senate bills to advance AI safety and accessibility
Amaka Nwaokocha11 hours agoOpenAI backs Senate bills to advance AI safety and accessibilityOpenAI’s support for these bills highlights a broader vision for AI that balances safety, accessibility and the potential for e