Metaverse Avenue, The Solana Based Marketing Platform Set To Transform A Billion Dollar Industry
January 18 2022 - 1:24AM
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Digital assets have experienced a boom in the past years with new
trends, such as DeFi, NFTs, and digital property, supporting a new
wave of adoption led by institutional demand. These players have
embraced the technology upon which they are planning to build the
internet of the future, the Metaverse. In the coming years, as
younger generations inherited wealth and power, every financial and
business sector will need to have a presence in the Metaverse.
Thus, understating the benefits and opportunities earlier could
reward projects and investors that develop a business strategy
around these assets. A new project called Metaverse Avenue and
built on Solana was created for users to begin their journey into
this sector. This advertising metaverse platform leverages the
power of NFTs for users or companies to promote their products,
personal and corporate brands, in the digital world. Create Your
Profile Or Rent Property On The Metaverse Metaverse Avenue has a
strong team of people with deep knowledge in the promotion and
development of crypto and blockchain products. In total, there are
around 10 people that understand design, marketing, and the crypto
industry as a whole, that decided to create a unique way to combine
the power of NFTs with marketing. Metaverse Avenue will let users
purchase NFTs and get a block on the project digital billboards.
Therein, a person or company can upload information and an image on
themselves or a brand. Billboards will be formed of a specific
number of blocks. According to the project’s official website,
Metaverse Avenue will only mint a total of 10,000 tokens. These
digital assets will be worth 1 block on the platform and will be
available in a pre-sale on January 26th at 20:00 London time.
Investors and interest parties can sign up for the pre-sale via a
whitelist. More information on this upcoming event can be obtained
via the Metaverse social media, and their Discord Channel. Those
people that sign up and get one of the limited places on the
whitelist will receive a discount during the pre-sale. At that
time, 1 Metaverse Avenue NFT will have a value of 0.99 SOL.
Post-event, during the project’s main sale, 1 NFT will be valued at
1.99 SOL that will provide them with their size of the block and
location, each to be determined randomly and with their own
individual size. The Metaverse Avenue, How To Generate Passive
Income On Digital Land Once these events are concluded, the NFTs
will be listed at a marketplace, such as Solanart.io or Alpha.art.
However, each owner will be able to set the cost for renting one of
their blocks for advertisement. Offers are to be set on Metaverse
Avenue’s official website. Thus, the platform will operate as a
guarantor between a potential advertiser and a digital block owner.
Per the project’s website, the functionality to rent-out block will
be activated in April 2022 as the platform heads out into a
multi-year development phase with exciting new features and
capabilities. Data from Republic Real Estate, one of the largest
property agencies in the U.S., estimates that digital land has seen
over 10x returns since 2019. The growing demand, and financial
possibilities to capitalize on fresh opportunities, such as
marketing and advertising with Metaverse Avenue and similar
projects, seems poised to support more appreciation for the sector.
Image: Pixabay
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