LONIA, the Metaverse token project on the Cardano network, is set to launch soon. The project has entered the pre-sale stage, allowing investors an opportunity to purchase at a discounted rate before its official listing on cryptocurrency exchanges.
The pre-sale phase is scheduled to commence on July 5, 2022, and will run for a duration of 45 days or until the total purchase limit is reached. During this period, the LONIA token will be made available to the public at a fixed price of 12 LONIA for 1 ADA (Cardano). Investors can participate in the pre-sale to secure LONIA tokens at the specified rate.
Cardano ecosystem continues to expand
LONIA, the token within the Cardalonia ecosystem, offers a range of features including staking, governance, rewards for top staking portfolios, and automatic land whitelisting. As part of the Cardano blockchain’s Metaverse space, Cardalonia aims to position LONIA as the central element in the Cardano NFT system’s reconstruction.
Cardalonia distinguishes itself in the cryptocurrency space with its innovative approach, user-friendly design, and a dedicated team. LONIA token holders can benefit from staking rewards of up to 20 percent per annum (APY). The Cardalonia ecosystem introduces a custody-free staking platform, allowing ADA NFTs to be automatically whitelisted for sale within the Metaverse.
Presently, the staking deposit for the project consists of approximately four million LONIA tokens and involves 175 active wallets. LONIA token holders can actively participate in governance by voting on proposals that impact the Cardalonia ecosystem. Additionally, those with stake keys appearing in the ranking have the opportunity to become ambassadors for the project.
The entrance of Cardalonia into the metaverse on the Cardano network has garnered attention and optimism from ADA investors. However, it’s worth noting that ADA prices have experienced a 2% decline in the last 24 hours, with the current trading value at $0.45 and a 4% loss over the past week.
Play-to-win systems, such as those implemented in blockchain-powered games, reward participants with cryptocurrencies. The growing popularity of these systems aligns with the broader trend in the metaverse space. The Sandbox, based on the Ethereum blockchain, is an example of a widely recognized blockchain-powered gaming ecosystem that utilizes the proof-of-work consensus mechanism.
You may also like this content
- The Metaverse: What it is, How to Enter, and Its Potential Impact
- Metaverse 5 Reasons Why its Awesome
- Metaverse Coins Buying Guide