DecentWorld Unveils Transformative 2.0 Launch

PRESS RELEASE
Published March 20, 2023

DecentWorld, a Swiss metaverse digital real estate and gaming platform, started 2023 by introducing a significant update that overhauls several aspects of the metaverse platform. Chief amongst the updates is the introduction of Buildings, a new form of NFT that connects with the previous mainstay of DecentWorld - Streets via a unique reward mechanic. In addition to that, 2.0 also expanded user freedom by introducing EOS wallets and an EOS to Ethereum ramp. Finally, the new blocks.io integration aims to enhance transparency on the Swiss metaverse.

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Buildings as NFTs

Before the 2.0 update, DecentWorld users were combining their portfolios between Streets and Collections. Streets were either minted by users directly or bought from the dynamic peer-to-peer market. Collections were combinable NFTs that users could create from several Streets and later stake for yield.

DecentWorld already boasted record-breaking numbers in 18.5 million available Streets before 2.0, but now close to 62 million new mintable digital assets in the form of Buildings were added. To reward early adopters, these new NFTs were paired with the Street Royalty mechanic. To put it simply, only Buildings next to owned Streets are made available for minting and during that process, the owner of the Street receives a one-off 10% reward of the total Building cost.

EOS wallet integration

As the team behind the Swiss metaverse states, the EOS wallet integration was a key step towards a hybrid system that should appeal to both blockchain-savvy and inexperienced users. The EOS blockchain was chosen for its high performance and security. This integration should thus both reassure users of the security of their portfolio and remain scalable as the metaverse project grows in the future.

EOS to Ethereum ramp

With the new EOS wallet integration DecentWorld also introduced an EOS to Ethereum ramp, a seamless and easy way to transfer NFTs from one blockchain network to the other. This cross-network freedom among other things will open up the largest NFT marketplaces, like OpenSea, to the users of the Swiss platform.

Integration of blocks.io

The final part of the 2.0 overhaul aimed at strengthening trust and transparency on DecentWorld via the blocks.io integration. Now users will have access to seamless tracking of all transactions as they happen on the blockchain.

"We aim for a system, which empowers our user to be an owner of digital assets, to genuinely feel ownership over his or her NFT portfolio. 2.0 was meant to target three specific aspects of ownership: accessibility, freedom and transparency. We are glad that the changes brought with DecentWorld 2.0 will remain relevant and useful as we start work on features yet to come." said Liucija Lenkauskaite-Stankevice, Project Lead at DecentWorld.

About DecentWorld

DecentWorld is a Swiss metaverse digital real estate and gaming platform built on blockchain technology to introduce a next-generation web3 experience. DecentWorld 3D Downtown Dubai experience hosts entertaining play-to-earn minigames and has metaverse marketing placements all over the city. The platform also allows members to mint and trade digital Street NFTs, which can then be combined into Collections and staked. DecentWorld also stands for trust and transparency in the blockchain industry.

To fully explore our metaverse, please visit www.decentworld.com/metaverse.

Follow our latest updates on Twitter, Discord, Telegram, Instagram, and LinkedIn.

For business partnerships, please reach out to partnerships@decentworld.com.

Contact Info:
Name: DecentWorld
Email: Send Email
Organization: DecentWorld
Website: http://www.decentworld.com/metaverse

Release ID: 89092103

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