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Metropolis Joins Cointelegraph Accelerator, Revolutionizes NFT Market with Unique User Experiences

Algoine News
Summary:
Metropolis has joined the Cointelegraph Accelerator program, marking its entry into the Nonfungible Token (NFT) sector. Metropolis X, the company's core platform, introduces a gamified marketplace where digital collectibles can unlock tangible products and experiences. The platform also allows users to create personalized avatars that update on the blockchain in real-time. With an array of experiences from a virtual city called Metropolis World, the company aims to deepen connections within online communities. A token generation event is also planned for mid-2024.
Metropolis has recently joined the Cointelegraph Accelerator program, stepping into a multifaceted world that merges trade, digital properties, avatars, and gaming with real and virtual experiences. Currently, the nonfungible token (NFT) sector is seeing the rise of platforms offering bespoke experiences for both novices and seasoned users, with famed brands such as Nike and Gucci making a notable impact through their NFT sales, generating a whopping $260 million as a sideline endeavour. Curated NFT marketplaces like Metropolis are gaining traction. As per DappRadar statistics, despite constituting just 4% of NFT sales, Blur, an NFT marketplace renowned for its personalised content, boasts the highest trading volume. These platforms allow brands to engage with their target audience and open new avenues for revenue, focusing on quality content and fostering community-building. The main platform of Metropolis, Metropolis X, presents a transformation in social commerce, providing a gaming-influenced marketplace where digital mementoes deliver tangible products and experiences. It is backed by a network of more than 350 high-profile creators and brands. Besides offering the facility to craft unique avatars, Metropolis aligns the process of avatar creation with an NFT market, creating an environment where users can confidently personalise their online identities. Every avatar on the platform is updated in real-time on the blockchain. Other than Metropolis, numerous artists, creators and brands have designed unique collections for the marketplace, each adhering to their individual style. The platform's user-friendly interface and customisation options have attracted several high-profile individuals and companies, including DJโ€™s Steve Aoki and Blondish, graffiti artists, fashion designers and prominent Web2 and Web3 companies. Most of the items introduced on Metropolis are digital-only at launch, offering users increased access to products and experiences. Additionally, every digital item holds the potential to unlock real-world goods. Metropolis World is a virtual city that transform social profiles into digital urban landscape, enabling users to form genuine connections within online communities. Through captivating narratives and immersive environments, users can assemble collections of personal spaces to reflect their individual interests and identities. The team responsible for Metropolis, with two decades of experience in world-building, is dedicated to adding richness and depth to every aspect of their virtual metropolis. From unique storylines and buildings within their initial collection to ongoing drops of lore, games and collectibles, each element contributes to shaping and creating an authentic digital metropolis. In mid-2024, Metropolis is planning for its token generation event, which aims to bring together its various elements into a comprehensive, gamified ecosystem.

Published At

3/4/2024 6:00:00 PM

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