Finally, we are disclosing information on the first round of Your Earth DAO (YED) land sales to the public. If you are interested in experiencing the unique metaweb in a virtual reality economy, read carefully what Your Earth DAO NFT lands has in store for you.
The preliminary guidelines pertaining to NFT sales are as follows:
The first round of Your Earth DAO NFT Land Minting Event will be on September 6-27, 2022 starting at 11AM (UTC).
This Season 1 we will initially release only 22,444 spots from the Acent Metro District distributed among the following:
The YED NFT lands will be first available on DAPPX NFT Marketplace via Immutable X. We particularly use this platform to allow our users to mint the land with 0 gas fees. They can also trade all the lands back to Immutable X after it has been minted.
Head over to this infographic for the step-by step process of minting a YED land:
Your Earth DAO’s NFT land spot size is 27m x 27m and is your gateway to many exciting immersive meta-applications and income generating features of the metaweb. Each spot is designed to simulate a parallel reality web service on the Acent blockchain where there are no limitations of space and time. The different parcel types available in the YED are called as follows:
Different types of land parcels in the YED
Aside from the typical selling of land in the NFT marketplace, owners of a Regular spot of land, will be able to:
Below are some of the specific revenue source models for businesses and meta-citizens in the YED:
In addition to all the benefits mentioned above, spots of land from Themed Districts will gain the following incentives:
Themed spots will be developed by Acent Core Team (a.k.a. Acent Foundation) to showcase features and revenue generation models. Owners of themed district lands will gain first and premium access to metaweb features to test out powerful monetization features. For instance, the NFT District will be developed as a theme park to earn revenue for displaying and providing the following services:
Simply owning EDAO tokens entitles one to metaverse governance, and other benefits alongside the growth of the metaweb. For one, the EDAO tokens provide users the privilege of earning from the Universal Basic Income (UBI) pool. The UBI pool earnings are derived from the fees collected through the metaweb ecosystem.
In a nutshell, EDAO token holders have the following benefits and privileges:
Below is the new EDAO mining algorithm that is halved every four years, mimicking the Bitcoin miner rewards system. There is a fixed amount given out per year, distributed among the landowners who participated in the mining. The more miners, the more competition there is, hence, the scarcer the release per miner will be. This encourages mining of EDAO tokens as early as possible.
At the moment, there are 5.913 billion tokens allocated for meta-citizens. The 4 billion EDAO tokens will be made available for distribution to the landowners, while the remaining 1.913 billion will be put into reserve. The utilization of the reserve will be decided by the meta-citizens through the DAO.
More details about EDAO sharing, distribution, and use in DAO governance can be found in the Acent Whitepaper 2.0.
The metaweb offers a new interactive, immersive, decentralized web experience that can serve as a catalyst for the establishment of a brand new alternative financial system in which new opportunities and jobs can be created.
Your Earth DAO’s tokenomics is filled with realistic user and business revenue models, which will serve as a model for other metaverse tokenomics. As the in-service currency, $ACE will be the main tool for businesses, services, and transactions in the YED to function harmoniously. It is also through which other incentives and income revenue would be able to reach the users.
Alongside $ACE is the EDAO token, which is considered a catalyst for unlocking the creative potential of meta-citizens on the YED platform and encouraging them to engage in crucial YED ecosystem decisions. The EDAO token will play a key role in revolutionizing how governance tokens are utilized as it compensates its holders not only for participating in the DAO decision-making process but also for ensuring that their land spot is constantly growing and advancing.
Your Earth DAO as an Acent Technology blockchain-based metaverse service, is a perfect illustration of an infrastructure layer solution that our society requires to deploy new incentivization mechanics and user-generated economic models. Soon or later, Your Earth DAO will emerge as an alternative financial solution to slowly relieve the damage caused by the gradual collapse of the traditional centralized economic system.
Important Feature Releases from the Roadmap
It provides AAA-rated, high-performance architectural business environments capable of launching P2E games, meta-apps, meta-sites, and NFT assets, allowing users to monetize their creativity and land ownership. This initiative is being launched in a public webspace built with Unreal Engine 5 on a planet the size of the actual Earth.
Its current technology is geared toward producing a product similar to those depicted in the films Ready Player One and Free-guy.
Follow us on our web and social media pages below for details:
Take note that this is not investment advice. You may do your own research and join the Your Earth DAO platform at your own risk.