The Cardalonia development team, a blockchain play-to-earn platform built on the Cardano Blockchain has just revealed details about the initial presale of half of the Cardalonia LAND NFTs.
This initial Land presale will have half of the Cardalonia Land parcels for sale at a price of 20 ADA a piece, with each Land plot minted as a unique Cardano NFT with co-ordinates mapped on the Cardalonia metaverse that can be located and customized on https://map.cardalonia.io.
Landowners will be able to eventually deploy their custom-created or purchased 3D scenes, assets and games to their Cardalonia metaverse land parcels.
The Cardano-based project also announced that the $LONIA utility token which has previously scored it’s first listing on P2pb2b, is getting it’s second exchange listing on Bitmart, a top 30 cryptocurrency exchange according to Coinmarketcap.
$LONIA token is currently trading on P2pb2b and will subsequently be available on Bitmart when trading opens on the 22nd of September on the LONIA/USDT ticker.
Cardalonia Land Presale
Cardalonia has also announced the initial land presale of Terrania.
Cardalonia LAND (Terrania) is a digital piece of land in The Cardalonia metaverse that players can either buy or rent to build experiences on top of to make their land truly unique.
In this initial presale, it will be possible to buy the Cardalonia LANDs at a discount before the public sale.
The Cardalonia Land presale will be exclusively open for whitelisted $LONIA token holders who have a stake of 7000 Lonia tokens and at least 200 ADA in their wallet before the October Vault snapshot to get whitelisted for the Cardalonia Land Pre-sale.
The Cardano community has embraced the Cardalonia project, a relatively new project to the Cardano space with over 1000 wallets holding $LONIA tokens and almost 1 million ADA worth of $LONIA tokens staked in anticipation of the Land presale.
Cardalonia aims to follow the footsteps of similar play to earn projects Decentraland and Sandbox that exist on the Ethereum blockchain.
Over 250 wallets have been whitelisted to participate in the upcoming land presale which is scheduled to kick off on 3rd of October 2022 after the October staking snapshot has been taken.
Cardalonia players can benefit from LAND ownership in multiple ways, including by monetizing game experiences on their LAND, developing virtual real estate, renting their LAND, and staking.
Learn more about Cardalonia Land Plots Here.
$LONIA Token & It’s Utility
$LONIA, the utility token of the Cardalonia metaverse with a fixed total supply of 100 million with just 25% in circulation will have multiple utilities like:
Governance: $LONIA token stakers who have an active stake key shown on the staking leaderboard would be able to create a proposal and vote on governance proposals in the future.
Transaction Fees: Post Vasil hard fork, users can opt to pay for transaction fees in $LONIA instead of ADA, this will be made possible utilizing the babel fees mechanism.
Boosting ISPO Rewards: Users who are staking ADA to $LONIA stake pools (Ticker: LONIA) can boost their ISPO rewards with either $LONIA token or Cardalonia Land.
What Is Cardalonia?
Cardalonia is a 3D virtual reality Metaverse that operates across the Cardano Blockchain with the potential to provide multiple utilities for users across its ecosystem.
The Cardalonia Map will enable Land holders lay claim to their Terrania land plots after the land sales and customize it to their taste.
Keep Up With Cardalonia
Stake $LONIA: https://vault.cardalonia.io/
Trade LONIA On P2pb2b: https://p2pb2b.com/trade/LONIA_USDT/
This news is republished from another source.