Summary of Announcement
- What Digital Land Ownership Can Bring You
- Phases of the Xenoform Event & Links
- Utility of Land Ownership in Bit.Country
- Land Size Matters
- Land Economy Explained
- Location, Location & Location
Introduction
Pioneers, are you ready to master the power of co-creating your own metaverse. Do you want to become an owner and developer of digital land? Bit.Country’s Xenoform event is your first opportunity to become a digital real estate tycoon. Xenoform is the first sale event for Bit.Country Raw Land Blocks.
Xenoform is the 1st of Raw Land Block sales events. In this event, 90 Raw Land Blocks will be supplied to the public. The intent of the limited initial release is to bootstrap community-built metaverse growth. Pioneer is a multi-metaverse platform that focuses on users collectively building metaverses together.
Digital land ownership can begin in two forms;
- You can buy a Raw Land Block(s) and deploy them into your own metaverse. Only a metaverse owner can deploy a Raw Land Block(s).
- If you are not a metaverse owner but would still like to own digital land you can buy an Estate or Land Unit that is located in a metaverse.
Diverse ownership of Land Units or Estates encourages co-creation in a metaverse. Successful co-creation will increase the value of Estates and Land Units with that metaverses.
Kickstart your metaverse creativity with our Xenoform event.
What Digital Land Ownership Can Bring You
- Owning digital land gives you the opportunity to build an immersive experience. Creating a desirable experience will encourage visitors to follow, return and get involved with your metaverse community. Metaverses with a strong following will be able to leverage the power of their community to run promotional collaborations with brands that will benefit the entire metaverse community.
- Owning and developing Land Units or Estates inside of a successful metaverse is an investment. Landowners will benefit from boosted rewards in campaigns that can be used to bootstrap future metaverse growth.
- Your metaverse project is a web3 portal for various fun and business activities, you will utilize metaverse to grow your community and businesses. Build your culture and legacy inside your perpetual metaverse that lasts for generations. Your metaverse project can be strong backing for your NFT culture, an immersive space for your community to develop and thrive.
- Create and sell Estates to your community believers to accelerate the growth and popularity of your metaverse. Rapid initial growth of a metaverse will trigger public user gravitation and further growth that will benefit the entire community.
- To enhance metaverse growth, metaverse owners can grant Land Units or Estates to community believers that have proven metaverse-building skills to enhance the experience and increase traffic to your metaverse.
Phases of the Xenoform Event
Xenoform is the first of multiple seasonal land sales to come in the future. The intent of this 1st Land Sale is to bootstrap the organic growth of Pioneer and encourage true metaverse builders to curate the power of community metaverse growth and create valuable Estates.
PLEASE NOTE: ✅ To be eligible to purchase a Raw Land Block from the Treasury the users must have ‘Created a Metaverse Project’ Click here to creatre a metaverse project in 12 seconds with 50 NEER
Phase 1 — Fixed price, first come, first serve
When: 18th October 07:00 AM GMT
What: 10 Raw Land Blocks will be listed for public sale on our platform at a fixed price of $1,000 NEER
Where: https://pioneer.bit.country/marketplace/raw-land-blocks
Phase 2 — Public auction
When: 18th October — The 1st auction will start as soon as all of the Raw land Blocks from Phase 1 have sold out
What: 50 Raw Land Blocks will be listed for public sale in batches via a linear auction. The auctions will be scheduled to run for 7 days and start weekly for 5 weeks.
Where: https://pioneer.bit.country/marketplace/raw-land-blocks
Raw Land Block Airdrop for Top 10 Highest Staked Metaverse Owners
- The Bit.Country Treasury will gift a total of 10 Raw Land Blocks to the top ten individual metaverse owners that have the highest amount of $NEER staked by 18th October 07:00 AM GMT.
- 20 Raw Land Blocks will be allocated to Bit.Country Evangelists that are most contributed to the community.
Apply for a Land Grant
Bit.Country Treasury invites all experienced builders to apply for a Land Grant. Users with proven builder skills (on Testnet or in the Bunker) will be given the opportunity to purchase Raw Land Block(s) for a set price. The Raw Land Block will be wallet bound with the intention of the builder to use it solely to start creating a metaverse.
Important Note: You must have created a metaverse project to be eligible to purchase a Raw Land Block.
Future Land Sale Events
Future seasonal land sale announcements will be made upon the conclusion of our Xenoform event.
The total initial supply of Raw Land Blocks on Pioneer is 10,000. The Treasury will issue Future issuance of Raw Land Blocks will be determined by community governance protocols.
Utility of Land Ownership in Bit.Country
Landownership grants the capacity of activities and economics for your metaverse.
- Landowners can build immersive experiences and cultures for their visitors. Building a popular metaverse will create a community. It supports both Voxel building & 3D assets.
- Landowners will earn extra $BIT rewards by staking their Estate in the Material Campaign (Roadmap).
- Landowners can program their land to give their visitors minigame experiences (Roadmap).
- To be eligible to bid for a spot on Pioneer Map the metaverse owner must have at least 1 Raw Land Block deployed.
- Raw Land blocks can be subdivided into Estates for other users, but Estates cannot be subdivided. Raw land blocks purchased can be transferred.
- To be eligible to purchase a raw Land Block from the Treasury the users must have Created a Metaverse project.
- We are considering that the landlord will have the ability to rent the estates to others so the landlord doesn’t have to do the development (Roadmap).
Land Size Matters
- More land means more potential for more estates you can form by subdivision. Thus, more estate holders within your metaverse.
- We are considering using land size to determine the max capacity of live event participation. Small land hosts small events, whereas large land hosts more users. Note, the event module will allow hosts and attendees to gather with real-time gifts with epic effects.
- More land looks good on your map; it establishes your community authority.
Land Economy Explained
What is a Raw Land Block
Raw Land Blocks are the fundamentals of the Bit.Country land economy. All virtual land starts as a Raw Land Block. When a Raw land Block is deployed into the metaverse it comprises 100 individual Land Units that are arranged in a perfect square that is 10 Land Units by 10 Land Units.
What is a Land Unit?
A Land Unit is the smallest buildable area in a metaverse, it is 10 m wide by 10 m long. The total area of a Land Unit in the metaverse is 100 square meters. Each Land Unit has a unique coordinate positioned inside that deployed Raw Land Block. All Land Units are NFTs and can be transferred to different wallets or sold on the NFT marketplace.
What is an Estate?
Estates can be created to increase buildable land area. A minimum of two adjacent Land Units can be grouped together to create an Estate. Formation of an Estate transforms the individual Land Unit NFTs into a singular Estate NFT, it is an irreversible action. Estates can be created by either a metaverse owner or a user if they own adjacent Land Units.
What is the Pioneer Map?
The Pioneer Map is a public map that hosts multiple different metaverses. A metaverse can be co-built by a community or solely built by an individual. For a metaverse to be collectively built the metaverse owner must sell or transfer Land Units or Estates to its community via the NFT marketplace. Estates take on a variety of shapes and are customized with a thumbnail image. Individual estates can be observed from the Pioneer Map.
Spots on the Pioneer Map will be auctioned to the public from the Treasury. To be eligible to bid on behalf of your metaverse for a spot the metaverse must have at least 1 Raw Land Block deployed.
Location, Location & Location
Within each Metaverse, the central location will have better economic benefits in the estate staking calculation.
On the pioneer map, depending on who your neighbors are, you may be surprised by geo-targeting campaigns by the surrounding neighbors.
Kaosland Distribution
After this event, we will focus on land distribution for crowdloan users in Kaosland. The land will be based on land units, and cannot be used to create your own metaverse. Please stay tuned for the update after the XenoForm events.
Metaverse.Network
Metaverse.Network is the blockchain protocol on top of which Bit.Country is built. Designed and developed to support metaverses and related ecosystem projects. Providing an Ethereum-compatible smart contract platform and protocol to build metaverse-native experiences.
Create projects to support the platform’s metaverses, or start a new metaverse directly on top of the protocol.
About Bit.Country
Bit.Country is a platform for user-created metaverses and games with opportunities to earn.
Launch your own individualized metaverse for your friends, family or members; with your own sky and dedicated world. Let your community be perpetuated on our metaverse machine, and share in the value created.
Customize your metaverse to match the culture of your community, and let them share in the ownership and governance of your world.
Need more information about Bit.Country Metaverse Network？
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Xenoform Event: Bit.Country Raw Land Block Sale Coming 18th October was originally published in Metaverse.Network & Bit.Country on Medium, where people are continuing the conversation by highlighting and responding to this story.
