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$ADA Surges After Launch of ‘Pavia’ ($PAVIA), the First Cardano-Powered Metaverse

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$ADA Surges After Launch of ‘Pavia’ ($PAVIA), the First Cardano-Powered Metaverse

This article looks takes a closer look at Pavia ($PAVIA), the first virtual world to run on the Cardano blockchain, which launched on January 15.

Where Does the Pavia Name Come From?

As you may know, the Cardano blockchain was named after Gerolamo Cardano (1501–1576), who was “an Italian polymath, whose interests and proficiencies ranged through those of mathematician, physician, biologist, physicist, chemist, astrologer, astronomer, philosopher, writer, and gambler.”

He was “one of the most influential mathematicians of the Renaissance, and was one of the key figures in the foundation of probability and the earliest introducer of the binomial coefficients and the binomial theorem in the Western world.” He was born on the 24th of September, 1501 in Pavia, which is in the Lombardy region of Italy.

This is why the people behind this Cardano-powered metaverse chose the name “Pavia”.

Pavia Land Parcels

Each land parcel is “a uniquely numbered Cardano NFT (CNFT) based on coordinates within Pavia.io.” There are 100,000 land parcels in total in the Pavia metaverse.

The first 60,000 of these were sold in Q4 2021: 29,000 pacels in land sale #1 and 31,000 parcels in land sale #2. UK and U.S. rersidents were excluded from participation in these sales due to “regulatory uncertainty”. A final land sale will take place in Q1 2022.

Each land parcel is 16m x 16m with a build height of 20m.

The Pavia Roadmap (V2)

$ADA Surges After Launch of ‘Pavia’ ($PAVIA), the First Cardano-Powered Metaverse

Source: Pavia

The Offical Launch of the Pavia Metaverse

On January 15, Pavia Corp issued a press release to announce the official launch of the Pavia.io project, which it said is “somewhat similar in style to Decentraland but build on proof of stake blockchain technology.”

The press release went on to say that “as with all metaverse projects Pavia has an in-game currency, $PAVIA, of which 25% was airdrop to Pavia NFT land holders following a blockchain snapshot in December 2021.”

It also mentioned that $PAVIA tokens are “being actively traded on mueseliswap.com which operates a basic, yet functional, order matching system.”

Disclaimer

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

Source: www.cryptoglobe.com

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