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Reality NFT tokenizes famous landmarks worldwide, creating long-term value and connecting with high-revenue mobile games. It consists of two key elements: the ERC20 token and the collection of NFTs. The RLTM utility token, with a fixed supply, drives the growth of the Reality NFT platform and unifies its features. RLTM offers benefits such as discounts on auctions and fees, priority buys for NFTs, and acts as a governance token for the community. Contributors can also earn royalties from Landlord GO and upcoming games. RLTM is the sole utility token used in each game added to the ecosystem, increasing its value with the addition of more games.
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What Is Reality Metaverse (RLTM) Crypto?
Reality Metaverse aims to tokenize famous destinations worldwide into NFTs known as Reality NFTs, bridging the gap between the real world and the metaverse. The platform's flagship game, Landlord GO, utilizes these Reality NFTs in gameplay, allowing players to purchase virtual properties based on real-life locations.
With over six million players and 21 million downloads as of April 2023, Landlord GO is the first game in the Reality Metaverse ecosystem. It is a business simulator game that uses real-life global properties. Unlike traditional board games, Landlord GO utilizes real-world data from actual buildings and real individuals to establish genuine prices for each property.
As of April 2023, the project has launched its first collection of around 2,000 Reality NFTs on the Reality Metaverse platform. This debut collection comprises 2,000 renowned global landmarks transformed into 3D NFTs compatible with other games and Metaverse environments. Each 1:1 scale 3D NFT symbolizes real-world structures, cities, and nations.
RLTM, an ERC-20 token issued on Polygon, serves as the utility token for the Reality NFT platform, unifying all its elements. RLTM is designed with a fixed supply to enable the long-term growth and development of the Reality NFT platform.
How Does Reality Metaverse Work?
Reality Metaverse aims to connect real life to the metaverse, offering an experience that supports the co-existence of web2 and web3 users. Its ecosystem supports true ownership of in-game assets, helping players generate utilities in royalties by owning its NFTs.
Each Reality NFT corresponds to one of 2,000 famous global landmarks tokenized into a 3D NFT. They represent real-world buildings, cities, and even countries and are designed on a 1:1 scale that can be used across other games and metaverses.
These Reality NFTs possess versatile utilities that produce royalties. The 3D NFT models are integrated into Landlord GO's mobile game, with 30% of the web2 revenue distributed among NFT holders.
Future games and metaverse initiatives will employ these models to boost revenue sources. Furthermore, NFT holders receive 20% of the fees generated from primary and secondary markets, NFT trading royalties, NFT auctions, and NFT leasing.
Who Founded Reality Metaverse?
Reality Metaverse was founded by Zbigniew Woznowski, now the company's CEO. His venture's first game, Landlord GO, generated over $18 million in revenue from 20 million players globally and enjoyed a 4.6-star rating in app stores.
According to the Reality Metaverse roadmap in the project's whitepaper, the team completed its seed round, released the Alpha version of its NFT Explorer, and published its whitepaper in Q1 2022. A legal audit followed in the next quarter, along with the RLTM token generation event (TGE). Production of NFTs also started in Q2 of 2022.
In Q3 2022, Reality Metaverse launched its NFT Explorer, a dedicated NFT marketplace, 50 3D models, and marketing materials, and updated its whitepaper. In the fourth quarter of the year, the NFT legal audit was conducted. Additionally, registration for a private round of RLTM token sales commenced this quarter.
The team also introduced the concept of Leaderboards in Q4 2022, released premium content on Landlord GO, and produced 250 3D models and 500 NFTs. NFT sales on the Reality Metaverse marketplace commenced in Q1 2023. The token's private and public sale rounds, IEO, and crowdfunding rounds were also conducted in this period.
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Is Reality Metaverse a Good Investment?
Reality Metaverse is an interesting crypto asset to invest in, especially as it is a relatively new entrant in the market. Consider adding this token to your portfolio, especially if you believe in the potential of the digital asset markets GameFi, metaverse, and NFT sectors.
The Reality Metaverse token price could experience an upward trend as more NFT collections and gaming projects are created and introduced on its platform. The increased on-chain activity could boost the RLTM price, making it a valuable investment asset.
Investor demand for tokens such as $RLTM could increase as Reality NFTs become more versatile and usable across more games and metaverses. The rising interest in NFTs and GameFi platforms like Reality Metaverse among mainstream gamers could also increase the $RLTM price in the market.
What Is Reality Metaverse Crypto Price Prediction?
Although it is unfeasible to provide a precise RLTM price prediction for any time frame, these factors may influence the cryptocurrency's value:
Level of Adoption
An increase in the number of players signing up to use Landlord GO and trade Reality NFTs could increase the value of RLTM crypto. This could also drive up investor interest in the project and support the price of Reality Metaverse crypto.
Future Developments
As the developers behind the project introduce more NFT collections and games where Reality NFTs can be used, investor confidence in Reality Metaverse could pick up. Additionally, announcing new partnerships and investments could boost the RLTM price statistics.
Market Outlook
Market sentiment plays a crucial role in the $RLTM price action. A positive outlook or risk-on attitude among investors can stimulate increased buying activity in the market, bolstering the Reality Metaverse value. Conversely, a negative outlook or risk-off sentiment may prompt investors to sell off digital assets, causing the price of RLTM to decline.
How to Use RLTM Token
RLTM is an ERC-20 token and serves as the native cryptocurrency of the Reality Metaverse ecosystem. It has the following functions:
Native Currency
All games within the Reality Metaverse will use RLTM as their primary utility token. Players must hold $RLTM to access the games on the platform and participate in gameplay.
Incentives
$RLTM holders can enjoy discounts on auctions and fees within the ecosystem. They can also enjoy priority access when buying Reality NFTs. Reality NFT holders can earn royalties from Landlord GO and upcoming games on the platform in RLTM crypto.
Governance
RLTM will also support the decentralized governance mechanism of Reality Metaverse. Token holders can enjoy voting rights and contribute their thoughts to proposals that shape the projects future evolution.
Crypto Asset to Trade and HODL
Trade Reality Metaverse Token on BYDFi Spot Market against other crypto assets to make the most of changing market conditions and volatility. You can also buy or sell RLTM or hold it long-term if you believe in the future potential of the Reality Metaverse project. We recommend that you do your own research before entering trades to limit losses owing to the markets highly volatile nature.
How to Play Reality Metaverse Game
As of April 2023, Reality Metaverse launched its flagship game Landlord GO, a mobile app on iOS and Android devices. Heres how to play Landlord GO:
1. Download the official Landlord GO app from the Reality Metaverse website to your smartphone.
2. Set up your account and buy your first property from the marketplace.
3. Trade for other properties on the Global property marketplace to own high-performing in-game assets.
4. Earn rent from each of your properties to monetize your gaming experience.
5. Level up the buildings you own to increase their earning potential.
6. Keep an eye on the marketplace for the Buy Low, Sell High strategy and compete to get to the top of the leaderboard.
Who Are Reality Metaverses Partners?
Reality Metaverse has partnered with OpenSea, Crypto.com, CertiK, OnePlanet, Polygon, and Torus Labs. As the project expands, we could see more partnerships being announced.