Cardalonia, a Cardano-based metaverse initiative, has partnered with ReadyPlayerMe in recent news. The partnership aims to develop avatars for the Cardalonia Metaverse.
Therefore, holders of the LONIA token can use their ReadyPlayerMe and clan avatars in an interactive and immersive way as they explore the metaverse.
Cardalonia Land Presale Coming Soon
According to reports, Cardalonia has attained a major milestone recently. The platform announced on its telegram group that listing its token on a centralized exchange, P2pb2b.
After the listing, there would be a presale of Terrania, which are Cardalonia Lands, beginning after the staking vault snapshot on October 1st.
Meanwhile, Cardalonia is a digital world where users can own, develop, and customize experiences on Cardano’s blockchain. Also, players can explore the metaverse platform, earn rewards, and complete tasks.
Additionally, creators on the platform can develop assets compatible with Cardalonia. Afterwards, they can sell them on the platform’s marketplace for the in-game token called LONIA.
According to the company, the LONIA utility token is central to the system. Users will use the token to pay for charges later on as the system develops.
The LONIA token has a fixed supply of about 100 million. Cardona has given 50% of the token to the public.
Meanwhile, the Cardalonia system is the first metaverse project to own a non-custodial staking vault. Holders of the LONIA token can stake their coins and earn over 20% APY (annual percentage yield).
Not All Users Can Take Part In The Presale
Other features available on the platform include the ability of users to create and trade compatible NFT assets on the platform’s marketplace. However, only holders of the native token who have staked at least 7000 tokens and have an extra 200 ADA can participate in the presale of the Cardalonia Land in October.
Therefore, the platform advised users to buy more LONIA tokens. They can take advantage of the forthcoming IEO (Initial Exchange Offering) on P2pb2b.
Meanwhile, users can also buy the tokens in the ongoing Cardalonia flash sale. On Twitter, Cardalonia said it had allocated 2 million tokens for the flash sale. Users can trade their ADA for LONIA at 1:10.
As per the latest update from the team, they have been working on developing the Cardalonia marketplace. Currently, players can list and trade Cardalonia collectibles on the market.
According to the team, users would be able to buy land and trade digital avatars, gems and power-ups on the marketplace.
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