The EMT token presale which commences on June 1 marks a notable event for the year.
By Godfrey Benjamin
Updated
3 mins read
EarthMeta, a decentralized AI-powered metaverse has finally launched its EMT token presale. This development sparked excitement in the crypto community, particularly for Metaverse and AI enthusiasts due to the integration of EarthMeta’s AI capabilities into the Metaverse.
According to a press release shared with Coinspeaker, Earthmeta aims to offer users a vibrant and dynamic virtual experience. The EarthMeta EMT token envisions a future where digital ownership is rewarding for everyone without being charged hidden fees by the platform.
The EMT token presale which commences on June 1 marks a notable event for the year. The total supply for Earthmeta is set at 2,100,000,000 tokens. This creates a finite supply similar to other cryptocurrencies like Bitcoin (BTC).
The presale has two objectives for both first-time token holders and the EarthMeta ecosystem. For first-time holders, the presale will guarantee their input will be the first to be utilized in the EarthMeta Project’s development. For EarthMeta, the money raised from this presale will be used to ensure the next phases run seamlessly.
Essentially, the EMT token is a utility token that modifies how users exchange Non-Fungible Tokens (NFTs) across various Metaverses and control transactions within the EarthMeta Metaverse. The token could potentially disrupt the dominance of established Metaverse projects like Decentraland and The Sandbox.
The anticipation surrounding the project is based on its potential to surpass other Metaverse ventures by offering a captivating and valuable platform driven by AI. Notably, Metaverse-related crypto assets like MANA and SAND have been outperforming traditional cryptocurrencies like BTC and Ethereum (ETH), reflecting increased interest in the Metaverse. Therefore, EarthMeta and its EMT token seek to tap into the rising demand for immersive digital experiences and virtual economies.
On a technical level, EarthMeta tackles issues such as unlimited land supply and lack of transparency plaguing the virtual land market. EarthMeta guarantees scarcity and upholds the value of land within its Metaverse by implementing a limited number of assets and operating through a Decentralized Autonomous Organization (DAO).
The EMT token presale offers a tiered bonus structure to encourage early participation and rewards its first adopters. Each stage of the presale offers a different bonus percentage on the EMT tokens purchased. This bonus gives additional tokens for free, increasing the value of users’ participation.
The first stage gives early adopters a 30% bonus on tokens purchased. As users progress to other stages, their bonus reduces. According to the design, users get a 20% bonus in the second stage, and 15% in the third stage, until it reduces to zero in the final stage.
Additionally, this presale offers 180% APY on staking rewards, one of the highest annual percentage yields unveiled thus far this year. Furthermore, Presale participants will be eligible for complimentary NFT cities within the EarthMeta Metaverse. This presents an opportunity to secure valuable assets at an early stage.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
