On April 26, Infiniteland, a meta-universe platform, was launched globally. Infinitaland is a new metacosmic platform that aims to create a new generation of distributed, open operating platforms that integrate shopping, social, entrepreneurship, entertainment and learning functions. Infiniteland aims to be the amazon of the Web3 era, providing users with a low barrier to entry, smooth experience, and high value metasverse services.
As of April 20, Infiniteland has attracted nearly 370,000 users in just five days since its global pre-launch on April 15. Infiniteland is creating new link value in a whole new way in the virtual world.
So, what exactly can we do on Infiniteland? What exactly is Infiniteland worth?
Infiniteland: amazon in the Web3 era
In the future, the metasurverse equipped with blockchain network will become the mainstream application of Web3. Just as in the Web2.0 era, everyone can easily, quickly and cheaply log in to Amazon for shopping, in the Web3 era, everyone can easily, quickly and cheaply enter the meta-universe and enjoy the digital life in the virtual world.
Infiniteland is set in an elevated world -- a floating "city in the sky". The design refers to the pixel style of Minecraft. The screen unfolds a city map consisting of 7 horizontal and 7 vertical main roads,4 circles and 17 regional centers, with a total of 102,400 16m by 16m plots distributed in 64 villages. Although the building is limited in height, people can fly into the sky to look at the plot, the building and the whole city.
Hyperdomain plane plan stereo concept diagram
As a significant portion of the land will be used for public roads and public service Spaces, such as education centers, art galleries, shopping centers, etc., Infiniteland has only 93,356 plots available for sale in total.
In terms of construction, Infiniteland uses two approaches to improve playability, plasticity, and universality: one is to provide users with a free library of materials, which contains most of the materials and components needed for construction and is highly adaptable; On the other hand, there is a transformable SDK for geek players that can translate externally built models into the platform to enhance the user experience.
Infiniteland has implemented the underlying protocol construction of the metasurverse. Each piece of Land is an NFT created based on the ERC721 protocol and can be confirmed via blockchain. At the same time, users can not only transfer and trade these NFT, graffiti, build their own territory, but also build unique social, gaming, exhibition, shopping scenes, and open a new way of life. Infiniteland aims to be the amazon of the Web3 era.
Other metauniverse platforms such as Decentraland, The Sandbox and Cryptovoxels are currently deployed on The Ethereum network. However, due to The high cost, low efficiency, cross-chain difficulty and limited expansion space of Ethereum, both The platform and The users can use it. The cost of developing and entering the meta-universe is very high, and many individuals and organizations that want to enter the meta-universe can only be prohibitive.
Infiniteland uses the Coopunion Network (CUN) blockchain as a Network facility for faster speeds, lower fees, lower barriers to entry, and a better experience.
Of course, Infiniteland wants to establish its own true ecosystem in the metasverse, not only relying on the self-developed blockchain underlying technology, but also specific products and operation modes.
According to the plan, the hyperdomain city will be opened to residents in April 2022. In June, hyperdomain World was launched and 3D experience was established. In the third quarter, communities will be created where users can start a new lifestyle. In q4, there will be links to other meta-universes.
Specifically, if the land sales volume of hyperdomain city reaches 80%, the platform will launch new areas according to market demand, but the number of newly launched land and sales price will be determined by voting organized by the community DAO. At the same time, a percentage of the proceeds from newly launched land sales will be airlifted to supercity landowners.
There are many platforms in the metasurverse, but they are still isolated islands. Infiniteland plans to break down the barriers between different metasexes through cross-chain technology, allowing digital assets on the platform to enter other metasexes, achieving interconnectivity with other metasexes and adding value to user assets.
Throughout the current NFT ecology, most projects do not have scarcity in the sense of investment, and the development dividend period they can enjoy is limited. Only projects backed by sustainable economic ecology have more long-term development space.
To this end, Infiniteland recently launched its Global Community Partnership (IGCP) program, which aims to join forces to create a future metasumeric capital.
Virtual Real Estate: Carrier of metacosmic urban evolution
The question that has puzzled many users is, what is the value of virtual properties like Infiniteland? Why is it necessary to have a virtual real estate in the meta-universe?
To put it simply, the nature of virtual real estate as a meta-universe can be understood as an upgraded version of the Internet. Previously, online shopping, video, games, social networking and other activities can only be carried out in a 2D world, but now immersive experience can be achieved through VR and other devices. One of the most attractive aspects of virtual real estate is that anyone can freely design buildings, conduct business and entertainment activities and build new social networks on virtual land.
The two most well-known virtual world platforms are Sandbox and Dentraland. Of these, Decentraland consists of approximately 90,000 16m by 16m NFT lots of real estate.
Decentraland has decentralised various blocks including Genesis Plaza, Vegas City, Fashion Street, Festival Land, Mall mall, Mall Mall, Mall Mall, Mall mall, Mall mall, Mall mall, Mall mall, mall mall, mall mall, mall mall, mall mall, mall mall, mall mall, mall mall. Dragon City, Forest Plaza, AETHERIAN Project, Gamer Plaza, Decentrland University, etc.
Just as shopping malls in real life can drive up the price of land around them, in the virtual world, infrastructure with complete functions such as entertainment, leisure and social interaction can also affect the price of land. By building good land, exporting good content, and attracting more players with good operations, players can add incalculable value to this space.
So far many digital plots on Decentraland have sold for millions of dollars, some of which are higher than the real average Manhattan home price.
In the final analysis, the core driving factor of virtual real estate value is scarcity. Each virtual world has a finite amount of land, and those that are better built earlier are more likely to have aggregation effects and higher land values. So the earlier you get in, the higher your earnings will be.
In fact, a growing number of celebrities are deploying their virtual land assets. Last November, singer Jj Lin made his foray into the metauniverse by buying three blocks of virtual land on Decentraland. It is estimated that he paid about $123,000, or 784,000 yuan, for the three plots.
Joseph Cheng, CEO of New World Development Group, a Hong Kong real estate magnate, also announced his acquisition of one of The largest digital sites in The Sandbox for about $5 million (about 32 million yuan), hoping to build an "innovation hub" to showcase The commercial success of start-ups in The Greater Bay Area.
Many other high-profile companies, including sportswear brand Adidas and PwC Hong Kong, have also said they have acquired virtual land on platforms such as Decentraland.
It's important to note that Opensea, the hottest crypto asset marketplace, has partnered with Decentraland early on. Decentraland users can now purchase virtual land assets on Opensea with MANA tokens, and the platform provides a bulk transaction feature that allows players to buy and sell as a block.
Infiniteland also entered into a strategic partnership with Nuwa NVWA, a leading digital collection platform in China, at the very beginning of its establishment. The two companies will join forces to create a meta-universe platform, allowing everyone to do their own business.
As a special kind of digital collection, virtual real estate is becoming one of the important platforms for carrying value. In the real world, property developers have long dominated wealth lists. Predictably, this trend will also be mirrored in the virtual world.
Come to Infiniteland and have a land of our own.