Terraworld crypto creates an environment much like a real-world; however, the users interact through a specific avatar created through NFTs or Non-fungible tokens*. On Terraworld, you can do business, own land, or run an organization via a building using blockchain technology.
How to Use Terraworld Crypto?
Terraworld simulates real-world experience in a digital ecosystem where users can create specific characters of their choice to perform various tasks using their Terra wallet. Set up your terra wallet to mint the NFT of your choice for receiving special benefits like terra transactions (paying in the terra ecosystem using terra tokens), participating in airdrop events, sponsorships, conducting social functions like a party or an event, and setting up kiosks or corporate stalls at a corporate event in the Terra metaverse.
Why is Terraworld crypto Trending so much?
Virtual Space
Terraworld has envisaged the concept of digital co-working in the post-pandemic period. Users can set up the co-working space in a virtual realm to perform various purposes like participating in venture funding events, establishing a wide variety of business-set ups/ storefronts, and even setting up a frugal startup space.
Gamification
Terraworld incentivizes users who spend more hours on the Terraworld metaverse. Thus paving the way to earn more while interacting more with the Terraworld ecosystem. Hence creating a positive environment to set up office space or perform various corporate activities in the Terraworld ecosystem.
Building real-estate
On the Terraworld metaverse, users can set up real-estate assets in two forms : (i) Land and (ii) Building. Users need first to purchase land in the Terraworld metaverse. After that, they can convert the land into a fully functional office space and rent the same to other users via NFTs. These pre-constructed structures will be rare and one of a kind. Hence, it will drive the need for TWDs or Terraworld Tokens that power up the Terraworld multiverse.
Conclusion:
Terraworld has conceptualized a new way to perform various business functions and corporate events from the comfort of your home. Ark Investment, an investment management fund based in the US, has unveiled in their findings that revenue from the virtual world will compound by 17% to reach $390 billion by 2025. Projects like Terraworld give a new meaning to using the metaverse beyond games, entertainment to fully functional contemporary business and corporate functions.
Footnote:
NFTs* or Non-fungible tokens are unique forms of cryptocurrencies that are non-fungible. They can represent an asset from the real-world tokenized in the form of NFTs. Examples of NFTs are a piece of art, music, or even real-estate properties.