The metaverse has seen a significant amount of growth over the years. NFT projects have been championing this new digital reality, helping carve out the landscape for enthusiasts and investors alike. A standout project, the City of Gold hopes to create a brand-new way to approach the metaverse, moving away from the typical PFP projects that have come before it.
City of Gold is poised to spark a digital revolution in the metaverse. The unique and innovative project grants holders, investors and enthusiasts an opportunity to purchase properties within the metaverse instead of owning digital art pieces of characters as tokens. The project developers are fully determined to create a metaverse, engineering 10,000 digital real estate NFTs that consist of a hundred base models available for minting.
HODLers who mint upon their initial launch will receive exclusive benefits for the DAO in their roadmap to have governance decisions on the platform.
It is inspired by the legendary city of gold, El Dorado. Once believed to be a myth, Spanish conquistadors later discovered that El Dorado was a person who was covered in gold. The ritual dictated that the person would be coated in gold every day. “City of Gold is for entrepreneurs and NFT/metaverse enthusiasts,” said project developers Gabriel Pfeifer and Alex Davila. “We’re building a community to have seven and eight-figure entrepreneurs share values about NFTs, business, and growing as an entrepreneur, focused around enriching our community online and offline,” they added.
The City of Gold utilizes $COG tokens that reside within the Ethereum blockchain. These are ERC-20 tokens that are used to reward residents who stake their plots of land. The $COG tokens’ initial use cases will consist of minting plots of land, access to exclusive community chatrooms, furnishing the house, access to entertainment venues, shopping, games, and plenty more.
The co-founder of the City of Gold, Gabriel Pfeifer, is an adept serial entrepreneur and business coach who has spent the last ten years generating over a hundred million in sales. He has trained hundreds of salespeople and has been running multi-seven figure marketing agencies. His success has earned him a massive reputation, allowing him to grace the pages of mainstream publications such as Forbes, NY Weekly, and Yale.
Co-founder Alex Davila is an avid crypto adopter who has earned sizable profits by following where the “smart money” goes. He has a firm understanding of the dynamics of fundamental economic news and is also a BBW or Baby Beluga Whale in the NFT space and an enthusiast of next frontier tech.
Together, both founders have put everything on the line to bring the City of Gold to the ever-growing market. The project’s metaverse drop has six districts, and the City of Gold team will be using funds from the six drops to fund the development of the metaverse project. While the rest of the NFT space has been busy developing characters and PFPs that can enter the metaverse, Gabriel and Alex realized that very few projects were developing their own metaverse.
“To this point, nobody has developed a realistic metaverse with a focus on commerce for our community,” said the founders. The City of Gold is truly breaking new ground in the metaverse, and it’s extremely exciting how this project will change the industry in its entirety.