The New Paradigm: ASSET, LAND & ESTATE of Cindrum Ecosystem
If you have not read our previous articles yet, we have explained that user-generated 3D models are called ASSETs.
The good news is ASSETs will be turned into limited ERC-115 tokens which are likewise alluded to as non-fungible tokens or NFTs.
This breakthrough revolution is what makes Cindrum different from existing virtual social experience platforms.
Transforming the ASSETs into NFTs empowers an assurance for users to have full ownership of the created assets. All thanks to blockchain.
Not only granting the ownership of the created assets and creators’ intellectual property protection, but users will also earn CIND, Cindrum ecosystem’s utility token. This reward is much deserved for their time and the hard work they put into content creation, allowing them to manage and monetize and freely trade their ASSETs.
In our previous article, we have revealed about Constructor and once its accessible, ASSETs can be put on the LAND, in this way, users can openly customize what to create or produce of their LANDs.
But what actually are LANDs and ESTATEs?
LANDs are virtual lots of space in the Metaverse owned by users to create and monetize.
Addressing actual packages of the Cindrum metaverse, LANDs are blockchain-backed virtual tokens that followed the standard for NFTs, ERC-721.
Cindrum Metaverse sits on a map of 155,555 LANDs (400x400). Users can own a portion of the metaverse on the LANDs and in conclusion have ASSETs.
LANDs are utilized to distribute ASSETs and can be leased to different creators. Every LAND comes with a set of prebuilt terrains, but it can be terraformed and modified by the owner (or other authorized users) to grow plant ASSETs or to exhibit their valued NFT assortments.
Do not forget to create an avatar too!
Users can create an avatar to represent themselves in Cindrum metaverse. Regardless of whether they appear to be identical in their real-life or look like someone they admire. This adds excitement for users to enjoy the virtual world.
It also can be modified as they wish. Detailed customization will improve user experience and paired with life-like animations for movements.
In the future, users will be able to combine every element of the Cindrum metaverse to establish a new ecosystem. LANDs can be combined to form ESTATEs. And then, multiple ESTATEs can be combined to form DISTRICTs.
NFT-empowered masterpiece.
NFTs are an arising segment in the blockchain and cryptocurrency community.
Thus, empowering users and creators with blockchain and the practicality of NFT will bring them a new level of benefits:
True Digital Ownership. Before we trade, sell, or gift the items, blockchain will tokenize the item to make the original creators remain the owner of the items.
Security and Immutability. As we know, the rarest and most demanded items face the possibility of fraud. These risks are no longer a threat with blockchain and its distributed ledger.
Trading. To exchange ASSETs openly without worries of fraud and theft is one of the benefits of generating revenue in the Cindrum ecosystem. Users are in full control and power over their digital assets.
Cross-application Interoperability. It is no longer the time for digital assets to be confined to a narrow digital ecosystem. ASSETs, LANDs, and other elements of the Cindrum metaverse will be accessible on multiple blockchain-based platforms.
The new paradigm is coming.
As our ASSETs offer multiple uses and are not limited to a single platform only, this leads to the smart contract of the ASSETs to allow them to become the new platform. A new paradigm is on the way.
So, ASSETs can generously be shared across different games, platforms, and chains. This was brought to possible by the second-layer programmability that fueled consistently developing worth to the actual ASSETs.
The overall Cindrum Metaverse is a multifaceted ecosystem that tackles pre-existing problems of conventional digital platforms by bringing the focus to the users.
