Palaneum Opens Presales of Virtual Land Within the Metaverse

Palaneum™ an immersive blockchain metaverse gaming experience, announces pre-sales of virtual land as part of their launch. Players can now pre-purchase grid-style plots in a variety of sizes and gain exclusive VIP access to free Palaneum Ape NFT airdrops and front-of-the-line options to land upgrades all within an exciting play-to-earn gaming ecosystem based on Web3, the next iteration of the internet. There are a limited number of plots available in the Palaneum community, the fastest growing metaverse on the Polygon blockchain that utilizes NFT virtual lands, artifacts, and custom land structures.

Metaverse Virtual Land Sale

Palaneum users can monetize their gaming hours by interacting with play-to-earn games, or by creating, buying, selling, and trading NFTs. Also, players who purchase virtual land will be able to build and create while monetizing the gaming experience and creating virtual content. Objects and items can be found by players in this virtual world, and higher-tier rewards can be unlocked. Once they are on the grid, players can establish virtual offices or stores for their real-life businesses, create free interactive experiences, and take part in other role-playing and social interaction in this virtual world.

Empire growth is the goal of land ownership in the Palaneum Metaverse ecosystem. 3D-styled plots of land are inspired by land regions of the United States , and pre-sales will begin with plots in the southeastern territories . With a total metaverse size of 100,000 plots of virtual land, only 10,000 will be available during the first round of pre-sales. This limited availability will protect the value of the virtual land. Palaneum virtual plot sizes include:

  • 200 Extra Large Estates – 24x24 – Reserved by Palaneum for the Game
  • 500 Large Estates – 12x12 – Reserved by Palaneum for Partners and Sponsors
  • 1,000 Medium Estates – 6x6
  • 10,000 Small Estates – 3x3
  • 17,660 Plots of Premium Land – 1x1
  • 70,640 Plots of Basic Land – 1x1

Sponsors can also advertise their brand name or logo on large blocks on this virtual land by getting an NFT for their brand, which will be encircled by premium 1x1 blocks. Pre-sale prices for plots of Basic Land (1X1) will start around $500 (350 MATIC) and increase based on virtual land size. Prices may fluctuate and are subject to market conditions and availability.

Being eco-friendly, ease-of-use and accessibility sets the Palaneum gaming experience apart from others in the Metaverse world. First-time users can quickly and easily connect a wallet to begin purchasing virtual land. Palaneum allows players, usually represented by avatars, to monetize their gaming experience and will also enable creators to generate revenue through royalties. Palaneum presale landowners will also have priority access to special drops and other perks.

Palaneum maintains an eco-friendly approach to gaming in the Metaverse. Operating on the Polygon blockchain gives players fast transaction speeds at low energy costs. "As the ultimate Polygon blockchain metaverse, we can protect our community from the higher gas costs of Bitcoin and Ethereum with the eco-friendly footprint of Polygon" said Will Jordan , Vice President of Sales and Marketing .

Buying and owning virtual land in the Metaverse is expected to become a profitable venture for many. Land prices have already increased in just a short amount of time, with Forbes noting that "Metaverse virtual land prices have grown considerably from an average of $100 per land in January 2021 to $15,000 in December 2021 ." Buying virtual land through the Palaneum pre-sale allows players to become part of a fast-growing community in the Metaverse, where they can create, explore, and interact. As the product is rolled out in phases, 12 unique user experiences are planned by Palaneum over roughly the next year, with the first experience planned for the summer of 2022. For inquiries, contact Palaneum on Discord .

Media Contact:
Will Jordan
333650@email4pr.com
561-654-0724

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/palaneum-opens-presales-of-virtual-land-within-the-metaverse-301519444.html

SOURCE Palaneum

News Provided by PR Newswire via QuoteMedia

GAMING00
The Conversation (0)
East Side Games

The Office: Somehow We Manage Mobile Game Available Now

East Side Games Group (TSX: EAGR) (OTC: EAGRF) (" ESGG " or the " Company "), Canada's leading free-to-play mobile game group, in collaboration with Universal Games and Digital Platforms, announced today the worldwide launch of The Office: Somehow We Manage on iOS and Android. The free-to-play idle game is inspired by NBC's critically acclaimed, Emmy® Award-winning U.S. version of The Office which is now streaming exclusively on Peacock.

Watch the launch trailer here .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
NorthStar Gaming Holdings (TSXV:BET)

NorthStar Gaming Holdings


Keep reading...Show less
Person holding phone that says "GameStop" in front of stock trading charts.

GameStop Frenzy Cools, E*Trade Considers Roaring Kitty Ban

GameStop (NYSE:GME) continues to cool following a trading frenzy that drove shares up by 75 percent between the close of trading last Friday (May 31) and the start of trading on Monday (June 3).

The brief rally, which took GameStop shares to US$40.09 on Monday morning, was sparked by a Reddit (NYSE:RDDT) post made late Sunday (June 2) by an account tied to the video game retailer's most prominent supporter, Keith Gill.

Gill, who ignited the meme stock craze in 2021 and is known as Roaring Kitty on other platforms, posted a screenshot on Reddit's Superstonk subreddit that shows a purported US$175 million position in GameStop shares and call options.

Keep reading...Show less
Cell phone showing GameStop stock chart.

GameStop Surges Over 70 Percent in Flashback to 2021 Frenzy

Over three years after the infamous GameStop (NYSE:GME) short squeeze, the American retailer’s share price skyrocketed as much as 110 percent on Monday (May 13) before pulling back to a more than 70 percent gain.

The surge came on the heels of a social media post by "Roaring Kitty," also known as Keith Gill. His first online appearance since 2021 has reignited memories of the meme stock frenzy that captivated markets in 2021.

Gill, who gained notoriety for his bullish stance on GameStop, posted a meme on X (formerly Twitter) depicting a focused video gamer. It received widespread attention, accumulating over 81,000 likes and 9,000 comments in just a few hours.

Keep reading...Show less
NorthStar Gaming Chairman and CEO Michael Moskowitz.

NorthStar Gaming Leverages Content to Create Engaged, Active Players, CEO Says

NorthStar Gaming (TSXV:BET,OTCQB:NSBBF) is leveraging its rich, compelling content to better engage its customers, which ultimately leads to higher revenue, said NorthStar Chairman and CEO Michael Moskowitz, following an earlier announcement that the company is rolling out enhancements to the Sports Insights content on its platform.

“From the time that we founded NorthStar Gaming, we took the view that providing compelling content would lead to higher engagement with our customers,” he said. "And we're finding just that. We're planning to launch Sports Insights 2.0 in the first half of 2024 with redesigned sports and homepages, live scoreboards and tickers, live odds, trending topics and a greater tie-in in terms of the player journey and promotional offers that we provide to them."

Moskowitz noted that leveraging content helps attract new customers, with several media organizations using the company’s content on their own sites. “Ultimately, these articles and this content will help to create awareness around the NorthStar Bets brand and platform, and ultimately drive traffic to our site, which will convert into revenue.”

Keep reading...Show less
hand touching phone

Game-changing Prospects for the iGaming Market

iGaming has grown considerably in recent years. Driven by innovations in web technology and a changing regulatory landscape, online casinos and sportsbooks are more popular than ever.

To understand how the landscape may change moving forward, investors should assess how the industry has evolved in recent years.

Keep reading...Show less
smartphone on podium

Top Trends Shaping the Canadian iGaming Market

From emerging technologies to evolving regulations, the trajectory of iGaming has changed substantially in recent years as the market has experienced significant growth.

In 2022, Ontario's provincial government introduced game-changing legislation that established a regulatory framework for iGaming. Due to this legislation, regulated iGaming successfully displaced the unregulated market, according to Attorney General Doug Downey, creating over 1.6 million active player accounts across more than 70 operator websites as of April 2023 — just over one year following the change.

Ontario's regulation has also laid the groundwork for widespread change in the iGaming space across Canada. As iGaming continues to evolve, it's important to have a deeper understanding of both new and existing trends that will shape the industry's future, as well as regulations.

Keep reading...Show less

Latest Press Releases

Related News

×