The project launched its own utility token, NXTT, at the end of January, which currently has a self-reported market cap of $181 million, according to CoinMarketCap. The token and NFT capital could self-fund the $60 million venture capital fund, said Taylor, who served as Next Earth’s token architect. However, Next Earth would rather build out its network through outside investors.
Source: https://www.coindesk.com/business/2022/04/21/next-earth-launches-metaverse-as-a-service-plans-60m-venture-fund/?utm_medium=referral&utm_source=rss&utm_campaign=headlines