Cardano Metaverse Utility Token Goes Live on Pre-sale

The Cardano metaverse token, LONIA, is now obtainable for buyers who need to purchase it at a reduction earlier than the official itemizing on crypto exchanges. The pre-sale begins July 5, 2022, and ends in 45 days or after complete purchases hit the arduous cap. The LONIA token prices a set value of 12 LONIA per 1 ADA coin.

LONIA, the utility token of the Cardalonia ecosystem, could have a number of use instances like staking, governance, leaderboard perks for high staking wallets and an automated land whitelist. By this, Cardalonia is seeking to redefine the Cardano NFT system by making LONIA the middle of the metaverse.

Cardalonia is a metaverse play-to-earn recreation challenge on the Cardano blockchain. It has continued to realize consideration within the crypto world due to its novelty, usability, devoted group, and different distinctive points.

The Cardalonia ecosystem is the primary Cardano metaverse challenge to have a non-custodial staking platform the place LONIA token holders can stake their tokens to earn as much as 20% annual share yield (APY) and an automated whitelist to the Cardalonia land NFT sale.

Their staking vault has practically 4 million LONIA tokens and 175 energetic wallets. LONIA token holders can vote on governance proposals that have an effect on the Cardalonia ecosystem and be eligible to develop into ambassadors as soon as their stake key seems on the staking leaderboard. Cardano consultants are optimistic concerning the potential of Cardalonia.

Play-to-earn is a kind of recreation mechanism that rewards contributors with cryptocurrencies.  These blockchain-backed video games have gained traction in recent times, with Sandbox being some of the standard. The Sandbox ecosystem relies on the Ethereum blockchain, which makes use of the proof-of-work mechanism to attain consensus.