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Decentraland (MANA) is a virtual gaming platform built on blockchain technology to provide a decentralized gaming experience and financial services. Revolutux (RVLT) is another project that allows users to own and trade virtual assets like Non-Fungible Tokens.
Non-Fungible Tokens are tokenized digital assets unique in identity and value. These kinds of digital assets cannot be split or exchanged. They can, however, be created and sold across popular NFT marketplaces.
The Revolutux (RVLT) ecosystem is one of the most versatile NFT markets. It competes closely with the Decentraland NFT marketplace. Let us briefly consider the characteristics of both projects.
Decentraland (MANA) ecosystem
Decentraland is a virtual blockchain-based platform in which users can interact with each other. Decentraland (MANA) users use custom avatars to interact with each other.
The Decentraland (MANA) ecosystem allows users to purchase and own virtual real estate and profit from this digital infrastructure. Like in the real world, land within the decentralized metaverse is tokenized. This means that they are unique and immutable.
Users can purchase land within the Decentraland (MANA) ecosystem using MANA tokens, the native currency of the Decentraland (MANA) metaverse. However, because Decentraland (MANA) is an ethereum based cryptocurrency project, users must own Ether tokens to cover gas fees incurred in transactions.
In the decentralized ecosystem, landowners are free to create any infrastructure they desire, from beautiful scenery to virtual gaming platforms that people can visit or play for a fee. Thus, these landowners can generate an income passively.
In addition to building infrastructure, users can create in-game assets such as dresses and dressing accessories. These items can be sold to others as NFTs, who can use them to design or beautify their avatars.
The Decentraland metaverse comprises different NFT-based in-game assets. These in-game assets, land, and infrastructure can be sold and purchased on the Decentraland NFT marketplace.
Revolutux (RVLT) ecosystem
The Revolutux (RVLT) ecosystem is another NFT-based platform aimed at creating a decentralized NFT platform where users can enjoy fast transactions and low transaction fees. To accomplish this feat, the Revolutux (RVLT) developers rightly selected the Binance Smart Chain to host the Revolutux (RVLT) crypto project.
The Binance Smart Chain network is one of the fastest cryptocurrency blockchains in the crypto space. Its ability to create a new block every 3 seconds is a feature possessed by a few crypto blockchains.
Like the decentraland (MANA) metaverse, the Revolutux (RVLT) ecosystem has an NFT marketplace powered by RVLT tokens, its native cryptocurrency.
Users of the Revolutux (RVLT) ecosystem can mint new NFTs. These newly created NFTs will have the following features;
- Exclusive ownership rights: This is the most important advantage of using non-fungible tokens in blockchain-based transactions. Because of their uniqueness and immutability, non-fungible tokens can be used to prove ownership of an item.
- Authenticity: This is another essential aspect of non-fungible tokens. Since the value of each NFT is tied to the data generated and stored on their respective blockchains, NFTs cannot be replicated. Thus, NFT creators can decide to restrict the number of a particular NFT in circulation to induce scarcity and drive up the price.
Additional features of the Revolutux ecosystem
Even though Revolutux (RVLT) is a new cryptocurrency, its ecosystem is poised to revolutionize the crypto space. Revolutux (RVLT) is open to all users worldwide. During the presale, individuals with Internet access can enjoy reward opportunities in the Revolutux (RVLT) ecosystem.
For instance, purchasing the presale with ethereum tokens rewards participants with a 5% bonus, while using BNB tokens to buy the Revolutux (RVLT) presale rewards users with an 8% bonus. Additionally, referring other users to participate in the Revolutux (RVLT) presale rewards each user with a $50 bonus when the referred individual purchases at least $200.
Conclusion
Crypto enthusiasts are encouraged to do research before purchasing any cryptocurrency. The link to the Revolutux (RVLT) ecosystem official website is attached at the end of this article. Take your time and learn more about the Revolutux (RVLT) ecosystem. Participate in the ongoing presale so as not to miss out on the exciting features it has in store.
Source: https://en.cryptonomist.ch/2022/08/28/revolutux-nft-platforms/