New Delhi, India–(Newsfile Corp. – March 4, 2022) – The Metaverse Industry has taken the world by storm, with countless innovative Metaverse projects being developed and ever-increasing publicity around the metaverse. The Metaverse Sector incorporates an array of use cases, including non-fungible tokens (NFTs), Real Estate, Digital Art, Advertising and not to forget Gaming.
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With so many Metaverse projects in the works and booming demand for these projects, it comes as no surprise that many innovative launchpads are starting to show up. These launchpads help projects connect with individual investors and raise funds for development. With launchpads, individual investors will be able to purchase the project’s token at an exclusive price before listing during Initial DEX Offerings (IDOs).
Introducing Metaverse Labs, a deflationary multi-chain and multi-asset launchpad which has many redeeming features over conventional launchpads. Metaverse Labs aims to improve on existing launchpads by making it more holder-oriented while also improving for metaverse projects to get the capital they need to kick-start their development.
Here are some of the redeeming features of Metaverse Labs:
Firstly, it is multi-chain and multi-asset oriented. This means that investors will be able to invest in innovative metaverse projects from various blockchains pre-listing, thus allowing them to invest in prominent projects from every corner of the cryptosphere.
Moving on, the Metaverse Labs token (MVP), is designed to be deflationary. This means that MVP’s supply is designed to decrease through regular token burns, as well as a deflationary mechanism on each transaction. This will help the token out in regard to price performance and long-term viability.
“Metaverse Labs also has multiple measure to reduce the risk of scam projects, including requirements for projects’ liquidity and team tokens to be locked for a year, performing know-your-customer (KYC) on projects’ teams, requiring projects to go through full security audits, and video meetings with project teams to ensure authenticity of its team members,” said Rohan, CTO of Metaverse Labs.
Metaverse Labs will also be creating their own NFT collection. It will feature 20 limited edition NFTs and will be released before their first IDO. The current perks of these NFTs include getting guaranteed allocation for IDOs on Metaverse Labs and getting voting rights in Metaverse Labs’ governance system.
To learn more about Metaverse Labs, you may check out their website and socials:
Rohan Satyam Bathia
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