press release
PRESS RELEASE. Geopoly has announced the launch of a blockchain-based alpha version of the game, which will be playable via desktops. This is a game in which players can interact with the blockchain along with their respective Geopoly non-fungible tokens while simultaneously enjoying the gameplay and earning an income at the same time. Moreover, NFT holders who are actively playing the desktop game are also entitled to receive $GEO tokens on a weekly basis as compensation for their time and efforts.
In addition, Geopoly also has a mobile and freemium version which enable users to play the game for free. Afterwards, if the players wish to do so, they can even ‘win and earn’ by shifting to the blockchain version with the same credentials which will allow them to pick up right where they left off in the desktop version.
In terms of what it is, Geopoly may hence best be understood as an economic simulator which enables people to rent, purchase, improve, and actually sell estate as well as business assets based on their geolocation. Geopoly has been constructed through a system which relies on both off-chain and on-chain layers which are then utilized to provide users with a real-world-oriented dynamic, immersive and memorable gaming experience.
What else is there to know about Geopoly?
Beginning in July, the ‘Geopoly Auctions’ market shall open, allowing players to sell their NFTs at a price they choose while others can bid on them for a minimum of 24 hours. The NFT will then be awarded to the highest bidder. This is a brand new and exciting way for NFT holders to sell their non-fungible tokens and profit, in addition to also being able to buy an NFT from another player or through Geopoly itself. This month’s auctions include landmarks such as the Hollywood Sign, Ponte Vecchio, Flame Towers, London Eye,, Seul Tower and Maracana Stadium.
Moreover, a number of popular NFTs have already been sold including the likes of Louvre Museum and even world-renowned stadiums such as Santiago Bernabeu, Camp Nou, Old Trafford, and Wembley. Furthermore, Geopoly has recently partnered up with NextNav, which will provide the technology that Geopoly shall implement into its framework in the future. This shall include NextNav’s 3D geolocation functionalities, allowing for more dynamic virtual experiences linked to users’ real-world environments and leveraging location verification in order to confirm transactions as well as interactions…
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