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Lootverse Reveals Fields of Natural Resources Within Its Metaverse

Wednesday, 23 February 2022 10:40 AM

SHERIDAN, WY / ACCESWIRE / February 23, 2022 / The gamified parallel world powered by NFTs, Lootverse, revealed six fields of natural resources within its metaverse. The mines are rich in Oil, Natural Gas, Condensate and Condensate and Oil, and can span across several plots of land. Lootverse has a total of 4,880 NFT properties, and the location of the natural resources was randomly tagged on the map. Six other mines are still to be discovered and may contain common elements like water, precious minerals such as gold, or even rare items like dragon's breath and gravity.

Even though creativity and fantasy are essential in Lootverse, this parallel world was meticulously designed as a realistic universe, and this aspect was not neglected on natural resources matter. Each mine is also an NFT, and the landowner of the property can benefit from it. This Lootizen - a citizen of Lootverse - needs to acquire a natural resource extraction plant (NREP) and tag it to its plot. That allows them to extract the specific natural resource tokens available underground.

As landowners build their own residential or corporate structures to live, sell or rent, they need utility plants to convert natural resource tokens into consumable units. Those plants are to provide the power necessary to serve the demand from that property, supplying to residents or companies operating in the region. Another similarity with Earth is that, in Lootverse, not all natural resources are clean. So, depending on the type processed by utility plants, they might generate pollution units. The solution to counteract this problem is to use offset tokens to decrease their pollution footprint.

Like in the physical world, a virtual property with proven reserves may be more likely to be subjected to appreciation in the future. Although it is not possible to predict the real impact of this element for Lootizens, it is not questionable that it will elevate the fun in the game. "Our goal is to allow Lootizens to immerse themselves in this new way of life. They can develop their property from the ground up, discover resources, treasures, and easter eggs, explore attractions, live adventures, and even build their legacy in the metaverse", said James Duchenne, CEO of Loot NFT, the company behind Lootverse.

Over the last few months, Lootverse's population has grown significantly, with new members joining this reality to build the world collectively. "These pioneers are breaking through a complex reality and leading the way in a completely new world with its own environment, society, regulations, politics, and economy. The metaverse industry is living what Bitcoin experienced back in 2009, and joining the space at this stage can be a lifetime opportunity", said Duchenne.

About Loot NFT

Loot NFT created and developed Lootverse, a gamified parallel world powered by NFTs. Lootverse has 4,880 plots of land, and it has been built with crowdsourced creativity. This fantasy non-pixelated world was carefully designed for grown-ups and has established its own culture, political system, and economic activity.

Users can sign up, exchange their Earthian money for LTT (Loot Ticket), Lootverse's utility token, and buy a plot of land to become Lootizens. With their citizenry visa, Lootizens can access most destinations in the ecosystem, collectively build the world for future residents, buy exclusive NFTs or collectables at Satoshi's Lounge - the official marketplace -, benefit from the world's economy, and grow their legacy in the metaverse.

Loot NFT aims to democratize access to NFTs, allowing a genuinely artistic exploration through a metaverse unlike any other, while immortalizing the story of this land on the blockchain. Lootverse was built on Talos, an Ethereum-based permissioned blockchain with a Proof of Authority consensus. For more information, visit the website or join the community: lootnft.io | Telegram

Media Details
Company Name: Loot NFT Co
Email: [email protected]
City and Country: Sheridan, USA
Website: lootnft.io

SOURCE: Lootverse

Topic:
Company Update
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