Dec 17, 2021 10:55
Non-fungible tokens (NFTs) are digital tokens created using Blockchain technology and are attached to any form of media, including video, pictures, and most artworks. Despite not existing in any physical format, these digital assets are unique and can be traded like any assets or property. Since the beginning of 2020, many crypto investors have raised interest in the NFT space, as the space has proven to be rewarding for creators.
NFTs are mostly sold via auction, but these days, some NFT digital marketplaces allow crypto investors to search through a catalog and purchase them. One of the major reasons people buy NFTs these days is that they are mostly limited, and the thoughts of owning them are satisfying for the owners. Another reason is that it is one of the few ways investors can support these creatives. However, the NFT space is not expected to slow down anytime soon despite being at its early age, as there are huge expectations from all concerning the Ethereum-themed space.
Introduction to STARL Crypto
Globally, humans continue to depend on the internet, as it has become the go-to area for almost every aspect of life. Researchers use it to gather information towards discoveries, eCommerce, and even social media. There is a growing need for the world to advance in the way we build, consume, and communicate digitally. The global pandemic of last year, coupled with the rise of new technological and digital solutions, is also evidence that there is a need for a paradigm shift in the way the world uses the internet.
Typically, the idea behind a metaverse is to ensure that humans witness an online experience that is close to reality, despite it being virtual. The STARL Metaverse is expected to be an expansive 3D universe consisting of imaginations, expectations, and a realistic virtual world. According to the project's whitepaper, the developers have received various suggestions from its community and believe it will help shape the project into the best reality for its users. Metaverses are currently in research stages, as most are yet to pass through implementation. Still, it seems that Starl Metaverse is the closest to the actual reality of metaverse that the world will see, and the developers cannot wait to launch when work is fully done.
What Is Starlink Metaverse?
This project is one of the most important projects globally and is currently one of the first few that truly guarantee users a true metaverse experience. Starlink Metaverse is a virtual world where individuals can create their world, be who they want to be, and be represented by their personalized online characters. Starlink Metaverse allows individuals to buy and sell virtual real estate, satellites, and trade NFTs.
Users of the Starlink Metaverse are allowed to create, sell and buy NFTs alongside some other interesting real-life business activities. The idea behind Starlink Metaverse might sound like a game or a movie, but it is nothing close to it. The Starlink Metaverse does not only allow you to live in an illusional world of your own, but it also gives you a platform to interact with other users, thereby fostering and building personal relationships. It is also worthy to note that one of the most important features of the platform is that it also allows you to play games and gamble with Digital money. The digital money that s used on the platform is STARL.
What Is STARL?
The STARL token is the currency of the STARL Metaverse and its marketplace. The token is an ERC-20 token with a total supply of 10 trillion in circulation and is currently found on the Ethereum Blockchain. According to the project developers, the token is already maxed out in circulation, and no new tokens can be minted.
The project developers have also ensured that private investors do not have access to unlock new tokens at any time in the future, as this might upset its market. Users will use the token to buy, sell and trade in the STARL Metaverse. SInce STARL Metaverse is a projected virtual reality, the token will also be used as a medium of exchange for services like education, entertainment, etc., in the metaverse. There will be no limitations to the usage of tokens, as it is the legal tender of the Starlink Metaverse.
According to the project's development team, STARL is the key to unlocking everything in the metaverse. Unfortunately, STARL can not be purchased with fiat money, as investors would first have to buy cryptocurrency like Ether and then convert to STARL in an Altcoin exchange. According to crypto analysts, STARL is one of the best crypto tokens to invest in, as it has an earning potential of more than 350% in a year, despite its price volatility. At the time of writing, the market capitalization of STARL is $816,450,53, with the token trading for $0.00004.
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STARL Metaverse and NFTs
According to the metaverse developers, the project will boost the image of the booming NFT space via its NFT Marketplace. NFTs have become a very important aspect of the Blockchain community, as the digital tokens have become a source of fulfillment for their owners and a huge source of revenue for their creators.
The STARL NFT space promises to equip creators with opportunities to trade their works for huge returns. NFTs are also set to become digital assets in the STARL ecosystem, where users can buy, sell and use them for trading in the activities of the metaverse. The STARL metaverse will allow 3D satellites, living modules, vehicles, spaceships, and various in-game tools to become NFTs, and the owners can either keep or trade them for huge rewards.
The first NFT auction on the metaverse, which took place last September and involved the sale of at least 18 digital satellites, was able to amass about $1.5 million for the project. The STARL project has also conducted at least two more NFT auctions and has now created a clearer and rewarding path for these auctions in the future. This is a testament to how STARL Metaverse is proposed to be a Blockchain project that is set to propagate users to the future and promote the young NFT space.
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