Terra Virtua has been building NFTs and metaverses since 2018, and is continuing to expand across mobile, AR, and VR. The company is looking to reinvent the digital collectibles space through gamification, finding new ways to engage users. Most recently, the evolved NFT marketplace integrates the Cardano blockchain to promote greater sustainability.
Enter: Terra Virtua
With Terra Virtua Studios, they are not just another NFT marketplace. The company is developing in-house games and metaverses to create additional utility for the digital collectibles. CEO Jawad Ashraf frequently shares teasers and sneak peaks of their progress, enticing the 100k-strong community. In addition, they have also been actively collaborating with various projects throughout the space. Earlier this month, they announced their partnership with Kawaii Islands, the anime-inspired NFT game.
They also have their own token: Terra Virtua Kolect ($TVK). These tokens allow holders to earn rewards, farm exclusive NFTs, or create fan tokens using the Terra Forma tools. Moreover, holders can stake their $TVK to gain access to the exclusive Terra Virtua Prestige clubs.
As the platform onboards more users, sustainability issues will definitely be a potential roadblock. Therefore, the company will leverage on Cardano’s capabilities to significantly reduce the environmental impact of NFTs. This initiative comes after the company integrated Polygon, the first carbon positive blockchain. Most NFTs today are minted on the Ethereum blockchain, which is still a Proof of Work blockchain, leaving behind a much more significant carbon footprint.
Cardano’s NFT ecosystem is trailing the likes of Ethereum and Solana, but it is growing. To date, it has more than 5 million NFTs on the network, with more creators and projects joining in. The Cardano integration is already live, so go ahead and connect your Cardano wallet on the Terra Virtua platform.