Review Realm.art ($REALM) – A “Forgotten” Metaverse Land
CEO & Founder of Facebook – Mark Zuckerberg recently announced Meta – a new company brand focusing on bringing metaverse to life and helping people connect, find communities and grow businesses. However, is Meta the only platform connecting real-world life to the metaverse world? The answer is NO. Today I will open the portal of the Realm.art – a mixed NFT & metaverse platform.
What is Realm.art?
Realm is a community-driven, cross-chain open-source project that allows collectors and producers to express their artistic idea in its purest form: their own wonderful virtual realm.
This marvelous project is a mobile-first, play-to-earn Metaverse with a social impact component that lets gamers, players, and artists construct their own unique NFT microverse. Creators can incorporate one-of-a-kind music, art, and games into their environments.
What is the project trying to achieve?
The development team targets to provide players with unrivaled levels of creative freedom and experience. We aspire to be the world’s most advanced blockchain metaverse ecosystem. Realm players have complete control over the space they build, thanks to the Godot open source game engine, and $REALM, a cross-chain token, is the primary utility token in the Realm universe.
The goal is to build a metaverse that allows people to create an infinite number of microverses entirely customizable to their preferences and visions. To achieve this purpose, Realm has collaborated with some of the top chains and NFTs brands now defining and transforming the cryptosphere.
What is the unique selling point?
Realm’s premise revolves upon the freedom to create and monetize in whatever way you see suitable. NFT artists will be able to present their works in customized VR/AR experiences, and viewers will be able to see the creator’s full vision and creativity in their ecosystem. Matthew Larby – CEO & Co-Founder of $realm quotes: “We want NFTs to be shared and presented in unique and creative ways, like an auction on the moon, an underwater art gallery, or a space that simply contains interactive sound”. Realm’s technology eliminates the constraints and centralization that exist in the physical world when it comes to land ownership and property by providing decentralized environmental solutions. For instance, utilizing the Realm suite of builder tools, each Realm player will be able to establish as many realms as they like. These instruments have boundless potential, allowing for maximum expression freedom.
Every asset in the realm ecosystem is a non-fungible token. They can be found on various chains and can be minted on Layer 2 Polygon, Ethereum, Binance Smart Chain or the Reef Chain. Realm will initially leverage on OpenSea for integration, both through API connections and the OpenSea marketplace. Realm can swiftly extend its interactions with the broader NFT ecosystem by leveraging OpenSea’s secure, stable marketplace and the vast amount of NFT content. Furthermore, OpenSea’s Matic (Polygon) support enables the frictionless exchange of non-fungible objects like NFTix and in-game assets.
It was this idea of a completely personalised microverse that brought Realm to life. A realm is a virtual space powered by the Godot open source game engine, giving a creator complete control over their realm. A realm can be minted as an ERC-1155 with an address on the Ethereum blockchain. They can be traded, securitised, and hold other ERC-721’s such as sculptures and objects. As an ERC-1155, a realm can hold ERC-20 tokens such as $REALM tokens. Realms are accessible via a hashed reference on the blockchain, with a unique identifier indelibly linked to the digital space. A copy of the realm is stored on the Interplanetary File System (IPFS) to ensure immutability.
- Token Name: REALM
- Ticker: $REALM
- Blockchain: ETH and BSC
- Token Standard: ERC-20 and BEP-20
- Contract: 0x464fdb8affc9bac185a7393fd4298137866dcfb8
- Token Type: Governance
- Total Supply: 1,000,000,000
- Circulating Supply: 37,325,436.17
Token Release Schedule
Token Sale is available on PancakeSwap, Uniswap, Bitrue, and LATOKEN
Token Use Case
The $REALM token is a cross-chain token that functions as the primary utility token within the Realm metaverse.
– Cross-Chain: $REALM is initially an ERC-20 token that will also be available on Reef Chain, Polygon Layer 2, and BSC chains, which provide low-cost transactions for players. Players can use one-click bridges to move their tokens between different chains.
– Purchases in realms: Players spend $REALM to purchase NFTix and access other realms, or purchase in-game consumables and cosmetic items.
– Rewards: $REALM will be rewarded to players for interacting with the ecosystem including creating realms, exploring other realms, and loot box rewards.
– Staking: $REALM staking provides players with rewards and in-game advantages. Rewards include limited edition Layer 2 NFTs and access to exclusive realms and content.
– Governance: Holding $REALM tokens will allow players to exercise key voting rights on major decisions about the future direction and development of the Realm ecosystem.
– Fees: 10% of all transactions carried out in $REALM tokens will be equally divided between the Realm foundation and Realm development and operations.
Market and Community
Altcoin Daily channel mentions realm.art in their video and tweet as a top 5 metaverse low-cap project.
Altcoin Daily channel has 927k followers on Twitter and 1.18M subscribers on Youtube with more than 219k views, is one of the biggest crypto channel on social media.
The video talked about realm.art is attached below:
Altcoin Daily recently tweeted:
Realm’s CEO and Founder Matthew Larby at Forbes Monaco Crypto & Art Gala:
A huge community support on Twitter:
Realm x Pluto Alliance’s BitBoy Crypto Project.
Bitboy Crypto is the top 1 crypto youtuber.
Realm Brings Mobile Metaverse to NearCon in Partnership with DevCo
This event is NEAR Protocol’s inaugural celebration, marking the one-year anniversary since their mainnet launch.
Realm’s decentralized platform lets players and creators to own a piece of our gaming metaverse (a realm), participate in government and economy ($REALM), and express their artistic ideals in configurable creative environments.
Realm can be compared to other big metaverse projects such as Decentraland and the Sandbox. Moreover, realm’s marketcap is still low ($23M) compared with others projects. However, the community and realm’s lovers are still waiting for the game to be launched. This significant move of Realm will be a benchmark in the metaverse world in early 2022 – The new era of the digital world.
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DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.