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Not long after the emergence of bitcoin – the first-ever mass use case of a blockchain network coming to live – the technology behind the most popular cryptocurrency became a global phenomenon, leading to countless different interactions, creations, projects, and everything in between.
Following trends such as ICOs, DeFi, and NFTs, gaming seemed prone to be the next industry to be revolutionized by blockchain. This led to the creation of play-to-earn (P2E) games, which quickly became among the most talked-about niches of the crypto space.
The competition grew rapidly and some protocols, wanting to distinguish themselves, went into more of a real-life trajectory, which is the case with Real Estate Tycoons. As the name suggests, the project allows users to create their own unique commercial real estate property world, while also providing them with in-game NFT collectibles.
Real Estate Tycoons’ In-Game NFT Collectibles
Play-to-earn has become synonymous with NFTs, in-game collectibles, and rewards and Real Estate Tycoons wants to be a part of that ongoing trend. Users can earn the platform’s utility token – TYCOON – in two ways, staking and yielding. As their in-game real estate portfolio becomes larger and larger, they will be able to increase the TYCOON holdings as well.
The more TYCOON users accumulate in-game the more rewards they can unlock to access the privileges of being a real estate tycoon in real life, similar to how it works in real life.
It’s also worth noting that Real Estate Tycoons will operate as a decentralized autonomous organization (DAO). More precisely, it’s a sub-DAO of the Real World Assets DAO.
The upcoming Real Estate Tycoons NFT release will introduce certain marketing and passive-income opportunities to users, which will be gained from a growing portfolio of commercial real estate investment properties acquired by the team behind the project.
This new NFT collection will be the only way one can receive early exposure to the Real World Assets DAO. The latter has laid out plans to merge real-world assets (commercial real estate properties) and blockchain to develop something called – a commercial-real-estate-blockchain-economy.
About Real Estate Tycoons
Real Estate Tycoons is a play-to-earn game providing various in-game NFT collectibles and offering different real-world utilities through a global portfolio of commercial real estate properties. Users have the ability to earn the native cryptocurrency – TYCOON – through staking or yielding.
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