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Affyn Unveils Singapore as First NEXUS World Metaverse City

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2,000 plots of geolocation-based Freehold Land NFTs launching on December 17, 12:00 UTC

Singapore, Singapore–(Newsfile Corp. – December 12, 2022) – In addition to its ongoing Flag sale, Affyn is advancing its NEXUS World metaverse, revealing Singapore as the inaugural metaverse city of Affyn’s NEXUS World. The first metaverse city features 2,000 plots of Freehold Land NFTs, with many more cities to be unveiled in the coming months.

Affyn Brings Metaverse to First City via Nexus World

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Affyn’s NEXUS World leverages mobile geolocation features within metaverse cities that are directly mapped to the real world, meaning all 2,000 Land NFTs correspond with an actual location in Singapore. Within Affyn’s NEXUS World, each plot is represented by a hexagonal tile averaging around 15,047.5 square meters and approximately 65.9 meters per side. These plots are further categorized by their “rarity” levels like Common, Rare, Epic, and Mythical.

These Land NFTs are the digital representation of real estate within the NEXUS World metaverse. Each plot of Land is characterized by a combination of climates and features, ranging from grass, sand, rock, snow biomes and much more. The number of features available in each Land is connected to the Land’s rarity level. Users with higher tiers of Land will get access to more benefits, including higher chances of spawning rarer “Buddies.”

After developing the Land, Landowners can potentially rent portions of virtual real estate to other players and host games, events, and other activities to maximize revenue. Each Land NFT is effectively a Hometown where the Landowner serves as the Mayor. This grants Landowners the flexibility to build a wide range of businesses on their Land and provide services to other players.

The more players participate in activities on Land within the NEXUS World, the more rewards the Landowner earns. On top of this, each Land NFT accompanies features that provide Landowners with added benefits, such as spawning rare “Buddies” and attracting more players. Additionally, Land NFT owners will also get access to invite-only events and campaigns.

“The initiation of Singapore as the first metaverse city represents a major milestone for Affyn and demonstrates our ongoing commitment to the product development roadmap,” notes Founder & CEO, Lucaz Lee. “We are beyond excited for NEXUS World Landowners to experience the metaverse coming to life and take part in co-creating and powering the economy. These encouraging developments and more cities arriving in the coming months will prove invaluable catalysts for ongoing Web3 gaming adoption.”

On December 17 at 12:00 UTC, users who have bought Flags will be able to claim plots of Land within the Singapore metaverse city. Click here for more information on the NEXUS World Land Sale.

– END –

About Affyn

Affyn is a Singapore-based company, using blockchain-powered technology, to develop mobile games with integrated geolocation and augmented reality capability. Affyn is pioneering the gaming model with a sustainable play-and-earn economy where rewards earned in the virtual world have the ability to also be utilized in the real world.

Website | Telegram | Discord | Twitter | Instagram | Facebook | LinkedIn | Youtube | Medium | OpenSea

PRESS CONTACTS
Daniel Porat (for Affyn)
[email protected]

Joice Toh
Director of Communications, Affyn
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/147648

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

39% of Canada’s institutional investors have exposure to crypto: KPMG

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39%-of-canada’s-institutional-investors-have-exposure-to-crypto:-kpmg

According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.

The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.

KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.

Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.

Source: cointelegraph.com

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Blockchain

BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

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bouncebit-(bb)-megadrop-now-open:-participate-by-subscribing-to-bnb-locked-products-or-completing-web3-quests

The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.

Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.

Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.

Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.

Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.

Source: blockchain.news

The post BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests appeared first on HIPTHER Alerts.

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Blockchain

Cronos collaborates with KYVE to revolutionize Blockchain Data

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cronos-collaborates-with-kyve-to-revolutionize-blockchain-data

Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.

The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.

KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.

The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.

Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.

Source: cryptonewsz.com

The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.

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