DecentWorld Collections: $5 Million Worth of Streets Sold Out Like Hot Cakes Within A Week
2022.06.21 22:46
DecentWorld Collections: $5 Million Worth of Streets Sold Out Like Hot Cakes Within A Week
The launch of DecentWorld Collections can already be considered a tidal wave in the digital real estate industry. Collections–a feature allowing users to generate yield by combining and staking virtual Streets in the metaverse was released just last week. Within less than a week, almost one thousand Street NFTs have been purchased, worth a whopping $5 million dollars in total. What is more, three out of six most valuable Unique Collections have already been staked, and will generate up to 50% yield per year for their owners.
The launch of Collections was the most-anticipated release of the quarter amongst the DecentWorld users—and it did not disappoint. The first drop contained a pack of Collections named after the top 100 cities worldwide, each varying in size and complexity; and six Unique Collections, representing the most exclusive, limited sets on DecentWorld.
Aside from simply being a cool addition to one’s NFT portfolio, Collections generated massive buzz due to their use in passively generating yield. Due to the high level of interest shown by the community, the creators of DecentWorld have teased that the second Collections drop may come sooner than expected.
NFTs That Do the Job for You
On DecentWorld, users are invited to make more use of their digital real estate NFTs by essentially putting them to work. With these artsy sets of Assets, members can accumulate generous quantities of yield, depending on the chosen Collection’s value, the staking strategy employed, and the selected payout interval.
During the first week of Collections being live, DecentWorld users have purchased almost a quarter of the total Street sales count to the day. Basic level Street NFTs were the clear leader, amounting to more than 700 Street sales. Additionally, 23 Elite level Street Assets were purchased for $4.7 million dollars. Just a reminder, Street Assets on DecentWorld cost anywhere from $10 to $1 million.
“Our users see the long-term value of our product, and we’re here to deliver. We are glad to see that the first drop was a success. Early adopters showed interest not only in the Basic, Standard, Premium, and Elite Collections, but also the most prestigious Unique sets. The latter contain handpicked most valuable NFT Assets on the platform and have unique artwork drawn by skilled designers”, the DecentWold creators said.
The innovative system also gives users the opportunity to strategize. For example, those with more of a long term approach can stake their Collections for up to a year with the ‘Locked’ staking condition–this combination of options generates the highest payout rate.
Meanwhile, users who are oriented towards personal trading, and benefit more from the sale of rare Street NFTs, can choose the ‘Flexible’ staking condition. This allows the Collection to be disassembled at any time, enabling the owner to trade their Streets separately on the soon-to-be-launched Secondary Marketplace.
The Second Drop Might Come Sooner
With the resounding success of the first release, users are curious to see what the next drop will bring. Via the project’s roadmap, DecentWorld’s creators confirm that Collections will be regularly updated, with more cities and themes being added each quarter. However, given the high demand for the first drop, the second set might be released sooner than originally planned.
“We want our users to experience a quality journey. The way we chose the cities to be featured in our Collections was an intricate process. Our internal research team gathered and analyzed big data for real estate pricing, GDP per capita rankings, etc. Our users not only can receive all the benefits of blockchain but can also enjoy the emotional rewards, like – being able to assemble and stake a Collection named after a place dear to their heart”, the team explained.
DecentWorld is keen to continuously offer more attractive features to keep its audience entertained. The project map is packed with many new and upcoming releases to reflect this. Those scheduled for this year include: a Secondary Marketplace; the opening of the first DecentWorld 3D environment – Downtown Dubai with a multiplayer functionality, and interactive messaging channels; 3D Building NFT sales, and much more.
About DecentWorld
DecentWorld is a Swiss metaverse digital real estate platform built on blockchain technology to introduce a next-generation Web3 experience. The platform allows members to purchase and trade virtual Street NFTs, which can then be combined into Collections. Completed Collections have additional value as they generate yield that is paid out to the owner. Using state-of-the-art security features, DecentWorld also stands for trust and transparency in the blockchain industry.
To fully explore our metaverse, please visit www.decentworld.com.
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