Logo
Cardano Ecosystem
Bitcoinethereumnews

07/28/2022

·

18.5K views


Most Popular Cardano Metaverse Announces Major Upcoming Updates

The post Most Popular Cardano Metaverse Announces Major Upcoming Updates appeared on BitcoinEthereumNews.com. Gamza Khanzadaev Pavia (PAVIA) reports current state of affairs ahead of rebranding The first and perhaps the largest Cardano blockchain-based Metaverse is about to undergo a...

Most Popular Cardano Metaverse Announces Major Upcoming Updates

The first and perhaps the largest Cardano blockchain-based Metaverse is about to undergo a major update. We are talking about the Pavia project, which announced changes to the virtual world map, as well as the launch of a new version of the project’s website.

Our team are currently testing our brand new website and map UI ahead of our exciting rebrand! In fact, this will be the last time we tweet the https://t.co/fwayJSxbA8 in this style. Are you a Pavia map OG? #Cardano #Metaverse #OGMap pic.twitter.com/O50EH8ycdU

— Pavia.io (@Pavia_io) July 27, 2022

Pavia was launched in 2021, at the peak of the hype around this crypto market segment. Just as in another famous project, Sandbox, players here can buy land and in-game items that are NFTs or CNFTs, paying for them with PAVIA or ADA tokens. Since its launch, nearly 18,000 people have become owners of the virtual lands of the Pavia Metaverse, with a total turnover of more than 28 million ADA, according to the JPG Store.

Metaverse hype is far from over

It seemed that with the prolonged fall of the crypto market, the first thing investors would rush to get rid of would be the most profitable — that is, high-risk assets. As it turned out, the most affected sectors were NFTs and Metaverses. The prospects of these markets have not gone anywhere, and those crypto gaming projects that are still afloat are likely to receive a generous share from such a promising market in the future.

In turn, according to a recent analysis report from Technavio, the Metaverse real estate market alone is able to grow by more than $5 billion over the next 3.5 years, and the main growth factor will be the popularity of mixed reality and crypto.

At the same time, the inability to objectively assess the real value of properties in Metaverses is considered the main obstacle for the market. This makes sense because the largest Metaverses are built based on Ethereum, where even gas fees significantly emptied investors’ pockets and, therefore, the market tends to inflate. Add to that the crazy hype and greed of market participants, and you have the perfect bubble.

Cardano at least does not have problems with fees and pricing, so who knows, maybe the projects on this particular blockchain will have an advantage in the next few years.

Source: https://u.today/most-popular-cardano-metaverse-announces-major-upcoming-updates

AD

World’s First Multi-Token ISPO — By Genius X - Starts on 12th of September, epoch 363!

Genius X, a revolutionary launchpad and business accelerator helping Web3 startups attain speed, scale, and edge, is thrilled to announce the world’s first Multi-Token ISPO.I WANT TO KNOW MORE!


Read Original Article on Bitcoinethereumnews

ORIGINAL SOURCE

https://bitcoinethereumnews.com/technolo...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


More from Bitcoinethereumnews

Cardalonia On A Mission To Become The Sandbox Of Cardano Ecosystem, Shares First Look Of Their Metaverse Map
Bitcoinethereumnews

Cardalonia On A Mission To Become The Sandbox Of Cardano Ecosystem, Shares First Look Of Their Metaverse Map

08/18/2022

·

140.1K views

Cardano Metaverse Project Cardalonia Releases Staking Platform, Set To Release Playable Avatars On The Cardano Blockchain

Cardano Metaverse Project Cardalonia Releases Staking Platform, Set To Release Playable Avatars On The Cardano Blockchain

06/09/2022

·

64.7K views

Cardalonia: A decentralized blockchain-based play-to-earn Metaverse on Cardano

Cardalonia: A decentralized blockchain-based play-to-earn Metaverse on Cardano

04/30/2022

·

60.3K views

Cardano (ADA) Founder Confirms Vasil Testnet Will Launch on July 3, 2022 

Cardano (ADA) Founder Confirms Vasil Testnet Will Launch on July 3, 2022 

07/01/2022

·

38.6K views

Related News

Bashoswap, a Cardano DEX & Launchpad, Launches Private Sale Whitelist
Cardano Feed

Bashoswap, a Cardano DEX & Launchpad, Launches Private Sale Whitelist

03/22/2022

·

222.8K views

Cardalonia On A Mission To Become The Sandbox Of Cardano Ecosystem, Shares First Look Of Their Metaverse Map

Cardalonia On A Mission To Become The Sandbox Of Cardano Ecosystem, Shares First Look Of Their Metaverse Map

08/18/2022

·

140.1K views

MuesliSwap, first DEX on Cardano mainnet, approaching 50k Smart Contract interactions

MuesliSwap, first DEX on Cardano mainnet, approaching 50k Smart Contract interactions

12/19/2021

·

94.7K views

Cardano Feed launches real-time news integration about Cardano with Google News

Cardano Feed launches real-time news integration about Cardano with Google News

11/09/2021

·

81.7K views

World’s First Multi-Token ISPO — By Genius X

Featured News

Ravendex gears up for launchpad and staking platform release
Cardano Feed

Ravendex gears up for launchpad and staking platform release

RocketPad Records 73.9131 % of Its 100,000 ADA soft cap For Seed Sale Round., Business News

RocketPad Records 73.9131 % of Its 100,000 ADA soft cap For Seed Sale Round., Business News


Featured ISPOs

Genius X

GENSX ISPO

ACTIVE

250M $GENSX · Ends in 09/12/2022

Bringing Fixed Assets (CNFT & CNT) Lending & Borrowing to Cardano

Featured Projects

Cardalonia

Cardalonia

Metaverse

Featured
Coinlink

Coinlink

DeFi

Featured

WingRiders Governance Token