The first metaverse project has already anchored in the Cardano network, inviting a 31% ADA price jump to $ 1.6 on January 18 from a January 15 low of $ 1.25.
Once rained down with skepticism, Pavia’s presence at Cardano is expected to bring The Sandbox and Decentraland as the closest competitors in the future.
According to Pavia’s official website, as many as 100,000 plots have been minted as non-fungible token (NFT) assets and have their own coordinates.
For the record, over 60% of the plots were sold in the initial sales session in October-November 2021. The rest will be auctioned in the first quarter of 2022.
However as of Monday, landlords in Pavia have yet to be able to place their assets on their respective plots.
Pavia explained: “This is a development phase. You may not visit or place any content on the plot. ”
The cheapest plot price in Pavia is worth 888 ADA ($ 1,202.29, equivalent to RM5,041), while the most expensive is worth 1,000,000 ADA ($ 1,354,255.98, equivalent to RM5,678,395).
Its native token, PAVIA serves as the developed game currency. A total of 25% of PAVIA was handed over to plot owners in Pavia in an airdrop that took place in December 2021.
At the time of writing, PAVIA is trading on MuesliSwap at a value of 0.181 ADA ($ 0.24, equivalent to RM1.03).
Aside from Pavia, many more NFTs have docked at Cardano, including: Clay Mates, Yummi Universe, Spacebudz, Cardano Kidz, and more!
The ADA price at the time this article was written was quite positive, recording a trading value of $ 1.35 (RM5.66), down 10% in 24 hours, but up more than 8% since the lowest price on January 16th.
