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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


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