As a digital twin of the Earth becomes a reality, decentralized metaverse platforms appear to be exploding. The use-cases for Next Earth, an NFT-based replica of Earth’s land, range from commercial activity to “monetizable” artwork and entertainment.
Gabor Retfalvi, Next Earth’s Founder and CEO, has strived to create a fully DAO-controlled, interoperable, and completely democratized Metaverse in which users have actual digital ownership over their avatars.
Next Earth was launched in August 2021 and has since sold NFT replicas of Manhattan, the Metropolitan Museum of Art in New York, Egyptian pyramids, the Colosseum, and football stadiums.
Retfalvi says, “10–15 years from now we’ll be living in the Metaverse. I’d rather live in a fully democratic world where I have true ownership and agency over what happens to me rather than a video game monetizing me to the bones, owned by a large corporation.”
And so, the Earth replica metaverse built on Polygon aims to make the land useful to users by providing them with the tools to create their own virtual world.
The team introduced its users to NXTT, the native currency of Next Earth, which has been available for trading on Uniswap.
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The platform, where users can mint, buy, and sell 10x10m tiles of virtual land, is one of Next Earth’s four pillars. Because the platform is based on land ownership, the second pillar is the land. NXTT is the third pillar, and the Platform as a Service (PaaS) model is the final one.
The Next Earth has now launched Launchpad 2.0 and released the full version of its Land Art module 4.0, which includes a new emoji tool that allows users to paint creative pixel artworks on their lands.