Cardano debuts in metaverse with Pavia, land price skyrockets

Key Takeaways;

• Cardano blockchain marks metaverse debut with Pavia.
• Cardano has other metaverse project in the pipeline like Cardinia, Cornucopias and Cardano Village.
• Pavia is touted to become the next Decentraland.

LAGOS (CoinChapter.com) – Touted to be the next Decentraland, Pavia a decentralized gaming concept using $Pavia as its Non-Fungible Tokens (NFTs), has launched with over 100,000 land parcels up for grabs.

Unlike Decentraland built on Ethereum blockchain, the Pavia metaverse platform and its native in-game currency are built on the Cardano blockchain.

Pavia is funded by sales of virtual land. It aims at developing a virtual world built by players, play-to-earn (P2E), and land sold as non-fungible tokens (NFTs).

The project is one of the first Cardano-based metaverse projects to be opened to the public. However, it is not the only one – other projects in the space include Cardinia, Cornucopias, and Cardano Village.

Pavia metaverse, a brief explanation

The Pavia is a virtual world, a decentralized metaverse game built by and for players. It is based on the P2E concept, meaning players will be able to explore it while they earn and spend using in-game money, called PAVIA tokens.

According to its website, it was named Pavia, after an Italian town in which Gerolamo Cardano, an influential historical person of the 16th century Renaissance used to live. That name is significant, and for that reason was compelled to use the Cardano cryptocurrency blockchain.

Pavia.io launched with a total of 100,000 land parcels up for grabs last October. Each land parcel comes with a distinct Cardano NFT (CNFT) code based on coordinates as per the map. The land can be purchased with Pavia’s native cryptocurrency built on the Cardano network.

The project was able to sell over 60% of the land parcels between October–November 2021. The remaining quantity of land parcels would be sold in Q1 2022.

The project is mulling over its third sale program to implement the sale of its land parcels in a fair manner. It has over 8,700 landowners with more members joining the project by the day.

Many prospects Pavia would bring to Cardano blockchain

It is worthy to note that Cardano is making a late entry into the metaverse space unlike its competitors, Ethereum, blockchain, Avalanche blockchain among others.

However, with Pavia, Cardano looks set to compete with already established projects like The Sandbox and Decentraland. The project opens the door for many big projects launching on the Cardano blockchain.

In a terse statement on its Twitter platform, Pavia said its platform would be so open-ended such that potential partners would be able to deploy their assets on Pavia, as well as a whole toolbox of plug-in services for payment and many other features.

It stated clearly also that the project is much more than just Land NFTs and Cardano fungibles.

Members of the community have also started building virtual mansions and estates on their Land NFTs in the metaverse as they anticipate deploying it.