Saturday, September 23, 2023

ZTX On-Chain Real Estate Offering Sells Out On Opening Day - GlobeNewswire

Last updated Thursday, September 7, 2023 11:02 ET , Source: NewsService

Singapore, Singapore , Sept. 07, 2023 (GLOBE NEWSWIRE) --
ZTX, the innovative Web3 metaverse platform backed by Jump Crypto, successfully sold out its inaugural NFT collection of 4,000 Genesis Homes on August 30, amidst bearish market sentiments towards the sector.

Hosted on the Open Sea platform as a Featured Drop, the ZTX Genesis Homes Collection sale went live on the Arbitrum network on August 30 and quickly sold out in hours as investors and community members sought to claim their stake of real estate in a new world.

Beleng44, a community manager and moderator for the ZTX Discord server, noted: “The wait for Genesis Homes was very long on the community part. The four different districts that the Homes would be categorized into, the high fidelity of the 3D houses that was shared in teasers, and the overall positive news that ZTX has been at the center of for many weeks definitely spiked interest for this mint.”

Alexx, Chief Futurist and creator at ZTX, also explained: “To be honest, it’s a really innovative product design. Other crypto metaverse projects sell land, and that is a model that has worked well in terms of revenue, but to me setting a finite cap on the number of plots of land in a project and selling that land is like Instagram or TikTok setting a limit on the number of user accounts that can have their own profile pages. Virtual land and homes are the 3D versions of profile pages on social media, and it should be free to claim for any incoming user if that...

Read Full Story: https://news.google.com/rss/articles/CBMiggFodHRwczovL3d3dy5nbG9iZW5ld3N3aXJlLmNvbS9uZXdzLXJlbGVhc2UvMjAyMy8wOS8wNy8yNzM5NTM5LzAvZW4vWlRYLU9uLUNoYWluLVJlYWwtRXN0YXRlLU9mZmVyaW5nLVNlbGxzLU91dC1Pbi1PcGVuaW5nLURheS5odG1s0gEA?oc=5

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