TRON, the blockchain network, is about to be awakened within its first metaverse. Users will be able to tour the Sun Tower, labeled after TRON’s founder Justin Sun, and earn TRX, TRON’s local cryptocurrency, among other things, thanks to MegaCryptoPolis, an interactive city that lives on the blockchain.
TRON’s assimilation into MegaCryptoPolis illustrates the plea of NFTs. These are well suited to TRON’s blockchain, which enables fast and cheap transactions and interactions.
The Sun Tower metaverse is the first to have a full-fledged NFT marketplace. It allows users to create their own NFTs. The Sun Tower, which has been under construction since 2018, exemplifies the attention to detail. It is possible within a virtual metaverse.
TRON users on TRX Crypto
TRON users can use the TRX cryptocurrency to buy land plots or districts, district owners can interact with MegaCryptoPolis’ secondary market. Moreover, users can use it to generate passive income. More importantly, you can even get a full virtual view of TRON founder Justin Sun’s virtual office inside the Sun Tower.
Interestingly, players can trade on the open market, produce resources required by other buildings. As a result, they receive a share of funds distributed by MegaCryptoPolis on a daily basis.
More about NFTs
NFTs are extremely popular right now and for good reason. These non-fungible tokens represent one-of-a-kind digital assets on a cryptocurrency blockchain that cannot be counterfeited or replicated. Therefore, permanent and provably owned. All of these characteristics have made NFTs extremely popular. In addition, they have emerged as the preferred method of securing digital assets and a variety of other forms of value.
NFTs compares to the internet by popular influencers such as Gary Vaynerchuk. It also compares with large corporations such as the NBA have generated millions of dollars in NFT sales. NFTs are accelerating the growth of digital art. However, they can also be represent real-world items such as real estate, music rights, and other forms of fractional ownership.
The NFT industry is growing from $30 million in 2017 to over $300 million by the end of 2020, and it keeps growing up. As a result, a single day in 2021 already outperforms total sales from the previous year.
TRON is pushing things with Defi solutions like JustSwap and JustLend. It is combining them into the experience in addition to entering the metaverse. Therefore users will be able to take advantage of the best of what NFTs and Defi have to offer.
TRON’s commitment to accelerating internet decentralization through blockchain technology and Defi applications is evident in its first foray into NFTs via MegaCryptoPolis.
TRON, which emerged in 2017, achieved network independence in 2018. In addition, it acquired BitTorrent that same year, and is now one of the world’s largest cryptocurrencies by market cap. It has a market cap of $3.45 billion.
“The views and opinions on this Crypto News Website are solely those of the authors and contributors. These views and opinions do not necessarily represent those of iBaseTrading or its partners.”