Next Earth rises $2.1 million raised from 3,100 users
Both traditional and digital asset markets have seen steep declines in recent weeks. But for Next Earththis is a time of rapid growth.
Presale of Next Earth’s NXTT token began on January 22 on Next Earth’s proprietary Launchpad platform, which provided a ticket-based system preferred by the Next Earth community for presale of tokens, in addition to the flexibility that the most efficient and equitable distribution of tokens for the long-term economy. DEX trading started on January 27.
A total of 3,100 users participated in the presale, raising $2.1 million. More than 400,000 non-fungible tokens (NFTs) have been minted, which will be used to reward users for creating content and interacting with the platform.
Next Earth is the original digital replica of Earth, which recently announced that its NXTT native token traded on Uniswap. After initial trading on Uniswap, it is planned to list NXTT on multiple decentralized and centralized exchanges in the near future.
Creating a more sustainable economy
The crypto crash was actually great for Next Earth. It has been shown that there is a real need for a platform like Next Earth that ensures a more equitable and sustainable economy.
10% of the value of Next Earth transactions is donated to environmental initiatives such as The Ocean Cleanup, Kiss the Ground, SEE Turtles and Amazon Watch.
Next Earth has a strong focus on sustainability and that is one of the things that makes our platform so unique. We’re excited to see the community grow and evolve as they commit to doing everything they can to ensure it’s a positive force for good.
In addition to donating proceeds, Next Earth strives to eventually evolve into a DAO-controlled, self-sufficient economy that gives back more than it needs to. A DAO, or Decentralized Autonomous Organization, is an organization controlled by smart contracts on the blockchain, rather than humans.
Amid a crypto crash, the metaverse remains strong
As any crypto trader knows all too well, the price of bitcoin and other cryptocurrencies has plummeted, with some dropping more than 50 percent. But while some investors cash out, others look to the metaverse for stability.
The metaverse is a digital world that exists online and is populated by avatars that represent real people. It is often compared to virtual reality, but the two are actually quite different. VR is a closed system that can only be experienced through a headset, while the metaverse is open to anyone with an internet connection.
The metaverse has been around for over a decade, but it has only recently begun to gain mainstream attention. This is largely due to the advent of blockchain technology, which has made it possible to create decentralized virtual worlds.
Despite the crypto crash, Next Earth is still seeing strong growth, indicating that the metaverse offers more than just token prizes. In a world where prices can fluctuate wildly overnight, the metaverse provides a safe space for people to come together.
So while some investors are cashing out, others are looking at the metaverse.
Photo credit: Tiny Wasteland