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Breaking News: Is The Approval Of Crypto ETFs At Risk? SEC Operations Frozen By Gov. Shutdown
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Breaking News: Is The Approval Of Crypto ETFs At Risk? SEC Operations Frozen By Gov. Shutdown

Crypto crash? Next Earth thriving with $2.1 million raised

Bitcoinist
by Bitcoinist
3 years ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The crypto market has seen better days, with the majority of currencies seeing a price slump in the past few months. Next Earth, however, is bucking the trend, having raised $2.1 million from 3,100 users in its recent token presale.

Next Earth is a decentralized platform that is designed to be a replica of Earth. It launched its NXTT native token on January 27 on Next Earth’s proprietary Launchpad platform. The token is trading on Uniswap, with other listings to follow soon.

The token launch and overall platform usage have been a success, with more than 400,000 non-fungible tokens (NFTs) having been minted.

Next Earth is committed to creating a fair and equitable economy for its users. The Launchpad platform was created in response to community feedback and provides a ticket-based system that gives everyone an opportunity to participate in the presale. This approach was chosen to ensure the most efficient and equitable distribution of tokens for the economy in the long-term.

The success of the Next Earth token presale demonstrates that there is still strong demand for quality projects in the current market. Next Earth is poised to become one of the leading platforms in the metaverse and looks forward to building a bright future for its users.

Next Earth remains committed to sustainability

While the crypto crash has rattled the markets and called into question the future of some blockchain-based projects, Next Earth has continued to thrive. The company has now raised over $2.1 million from over 3,100 users, and donates 10% of transactions to charity (with over $800,000 donated so far).

This commitment to sustainability is reflected in Next Earth’s approach to its metaverse platform. Rather than focusing on flashy graphics or frivolous features, Next Earth is committed to creating a virtual world that is as environmentally friendly as possible.

Next Earth also takes a hands-on approach to governance. The company is firmly committed to keeping its platform decentralized, and has thus far resisted the urge to centralize control. This approach has paid off, as the community has responded enthusiastically to Next Earth’s governance model, which gives users a say in how the metaverse evolves, such as charity allocations.

Looking ahead, Next Earth remains committed to creating a sustainable metaverse that can benefit people everywhere. With over $2.1 million in user funding and a passionate community behind it, Next Earth is well positioned to achieve this goal.

The metaverse holds strong

From its token sale to its wildly-successful charity initiatives, Next Earth has been a boon for the metaverse. The increased interest in digital worlds has led to greater attention paid to the technology and infrastructure underpinning them, and this in turn is driving innovation in the space.

Despite the current crypto market downturn, the metaverse remains strong. The number of users continues to grow, as does the amount of activity taking place within virtual worlds. This growth is being driven by the development of new platforms and applications, as well as by the increasing use of virtual worlds for business and education.

The metaverse is evolving into a more sophisticated and user-friendly environment, with better graphics and more realistic interactions. This is attracting a new wave of users, who are looking for an immersive experience that goes beyond traditional social media.

The current downturn in the crypto market may eventually lead to a consolidation of the industry, with the strongest projects emerging as the winners. In the meantime, the metaverse continues to grow and evolve, offering users a unique and exciting experience that is set to change the way we live and work.

Photo credit: Tiny Wasteland
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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