The speed at which the Metaverse land market is growing is astounding. In the metaverse market, the price discovery and liquidity of land NFTs has always been a key issue. In Sandbox and Decentraland, some hot land prices are rising day by day, beyond the reach of most people. This makes it difficult for small investors or collectors to enter the land NFT space.
At this time, MetaPlay was born, and the first "land fragmentation contract" will rewrite history. Land fragmentation refers to dividing a complete metaverse land into multiple small pieces, so that multiple people can obtain partial ownership of the same land. This makes it easy for small investors or collectors to enter the metaverse realm, which lowers the barriers to purchase and increases the liquidity of the land.
The land fragmentation contract will use smart contract technology to divide the land and generate income in Sandbox and Decentraland for land appreciation, land construction empowerment, and land lease. At the same time, MetaPlay also uses the land premium, leasing, construction and other value-added of the land as income, and returns it to the users who invest, and finally realizes the shared profit.
MetaPlay is established by the MetaPlay Economic Alliance (DAO), which is jointly established by IDG Capital, Goldman Sachs, Multicoin Capital, and Alameda Research, and is built by the original Sandbox and Decentraland technicians. MetaPlay's vision is to build a whole new world that empowers all real-world functions, including retail, advertising, gaming, film and television, performances, events, finance, office, training, trading, and more. Backed by the unique MTP token, it is built into a truly decentralized parallel metaverse.
In the future, MetaPlay will promote the development of the metaverse, bringing immeasurable opportunities for wealth creation, and it is also an important milestone in the history of blockchain development.