Zilliqa (ZIL), a layer 1 blockchain protocol, will soon launch Metropolis, an augmented reality (XR) metaverse that offers its partners the MaaS platform. After this announcement, the price of ZIL increased by almost 80 percent. Here are the details…
Zilliqa announces Metaverse
With Metropolis, Zilliqa offers users a data-driven and fully customizable XR experience accessible via Internet/Artificial reality (AR) and virtual reality (VR). Metropolis is building cities with multiple brands in the gaming, esports and music industries, generating $2 million in pre-launch revenue from the initial partnership. As we reported on Somanews, Metropolis, built on the Zilliqa blockchain using segmentation technology, makes it more environmentally friendly with less energy consumption than other blockchains.
It is also well scaled and cost-effective. In fact, “Metropolis” is a blank canvas; Brands define their spaces the way they want them to be. Metropolis creates digital locations that meet the unique needs of each of its customers. For example, the world in which users can communicate with their favorite artists will be radically different from the world created for interaction with sports teams.
ZIL has gone up in price
After Zilliqa announced April 4, 2022 as the final launch date of the metaverse, the platform’s ZIL token grew from 0.0505 to 0.97 dollars. At the time of writing, it has dropped to $0.87. However, 24-hour growth has increased by almost 80 percent.