Next Earth is a blockchain-based virtual world with a native currency – NXTT. This currency is based on a mathematical model and can be bought and staked by Next Earth citizens. It can be used to purchase goods and services and access the Reward Pool. In addition, players can stake NXTT for other benefits, including bonuses and rewards.
NXTT is the native currency of the Next Earth metaverse
Next Earth is a nascent metaverse currently conducting land sales and community-building efforts. Next Earth’s native currency, NXTT, is a digital token that is built on the polygon-based, low-cost Ethereum layer two solutions. This allows Next Earth to avoid the high gas fees associated with the Ethereum blockchain. Next will begin selling NXTT tokens on the DEX Uniswap after the token launch.
The Next Earth project will start with 1,000,000,000 NXT tokens. The tokens will be used for in-game purchases and transactions. Next Earth’s developers plan to release state-of-the-art technical solutions for the metaverse’s economy once it’s mainstream. The developers will announce their roadmap shortly, but in the meantime, they are encouraging the community to weigh in with their opinions. The direction of the Next metaverse will depend heavily on the interest and popularity of its platform. If interest in the gaming metaverse declines, NXTT will lose value.
It is available for purchase by Next Earth Citizens
Next Earth is a virtual world developed by a team of experts, whose goal is to create a world that is thriving, safe, and has a high level of citizen participation. Each day, the number of users is growing, and this number is expected to continue to grow as the metaverse becomes more popular and more people become aware of it.
It can be staked to access the Reward Pool
Next Earth, a blockchain-based metaverse replica of Earth, has a staking system in development. It will launch its staking program in June 2022. Staking allows Next users to earn a staking wallet by spending UNITs. Staking also allows users to receive APR on their NXTT holdings and acquire multipliers to boost unit generation.
Staking is necessary to gain access to the Reward Pool. To access this pool, players must stake a certain amount of money. The more money that is staked, the more likely they are to record a transaction and earn rewards. However, it is important to remember that there are many risks involved.
Staking is an important feature of the Next Earth ecosystem. While this method of staking rewards you with more cryptocurrency, the rewards are relatively small. Most coins have a staking rate of about 5%, though some coins have a higher rate. Despite its low payouts, staking is a necessary part of the blockchain, because it allows transactions to be added to the network and prevents cheating.
It has a powerful charity purpose of helping the Planet Earth
Next Earth is a virtual world where users can buy and sell virtual land tiles. They donate a portion of their revenue to environmental charities. Last month, Next Earth donated over $64,000 to environmental causes and has pledged to donate even more in the future. The next step for Next Earth is a migration to a polygon network to decrease gas costs and improve stability.
Next Earth’s social responsibility program is based on environmental awareness, and the company has made it a priority to include environmental awareness in all aspects of its operation. For instance, 10% of its profits will be donated to environmental charities. Besides that, Next Earth also plans to donate a portion of future land purchases to environmental initiatives.
For more information see more here.