NFTs and Metaverse's are all the craze at current with a booming industry in the NFT market its no doubt everyone wants one on their platform. Underdevelopment on the Terra Network is Terra World trading as TWD. The token recently launch through UST swaps and a Pylon on Pylon Money for around the 0.01c mark and is now trading at around .36UST.
Current yield is impressive also with a 17.99% APY for staking the token on its own and an impressive 158% for providing liquidity which can be accessed on their Governance section Here
Terra World comes with its own constructed NFT World that will be releasing land sales in the near future. Sale prices will be at a first come first serve basis and not through auctions. But purchasers are free to resell their land once they take ownership or they can also construct building on the land they purchase.
Terra World is aiming to build a Metaverse for businesses, workers and people.
For example Terra World will host a suite of different virtual office spaces where teams can create their own personal avatars and conduct work from home meetings.
Utilising the services in Terra World will also gain users Terra World Tokens (TWD) to reward participants engaging with the platform. TWD can be used to purchase NFTs, Avatars, in game real estate and participate in the businesses that launch in Terra World.
This might include real world businesses hosting an online store in Terra World and users using TWD to purchase items from their inventory.
It would be pretty exciting if a store like Nike or similar opened and you could purchase a real world pair of shoes from the store or even a virtual pair of nikes.
With the popularity of NFTs ever expanding and being a focus point of many it was only a matter of time that Terra had its own developed.
Furthermore a NFT market place is being launched in Terra World and the developers are seeking participants to be curated by the team and have their art on display in the galleria.
If you're interested in participating you can fill in the Google form at this Link to be up for consideration.
Image sources provided, this is not financial advice and readers are urged to do their own research of seek financial services