Visualizing and developing a completely unique idea in the NFT space can be daunting. After all, the industry is already saturated with hundreds, if not thousands, of innovative ventures. Yet despite this highly challenging task, one upcoming project is making waves for its one-of-a-kind concept: MetaFi.
It is a Metaverse Bank built for social trading on Web3 and is the first of its kind. In addition, it serves as a gateway to a VR or AR-open trading world. Most importantly, the groundbreaking venture’s vision is to push the boundaries of Web3 and NFT through its Metaverse Bank, Metaverse Trading, and Metaverse Launchpad.
This means that on top of releasing its own collection of non-fungible tokens, MetaFi also invites NFT founders to launch their projects through the platform. It welcomes all types of ventures, from those with virtually zero risk to those that appeal to highly risk-tolerant backers.
The genesis collection includes 4,000 unique NFTs that are divided into five tiers according to rarity: Bronze, Silver, Gold, Ruby, and Diamond. The higher the rarity of a token, the more perks it provides its holder.
Aside from its distinctive blueprint, what makes this revolutionary enterprise stand out is its impressive utilities powered by the $METAFI token. First off, token holders will earn an increased allocation on MetaFi Launchpad depending on their token’s tier level. On top of that, they will gain whitelist access to several community round pools for the launchpad.
Finally, it grants a MetaFi Alpha Pass to Genesis NFT holders. This elite pass grants entry to member-only Discord channels as well as Metaverse VIP zones. Most importantly, it allows the community to access a plethora of utilities, including staking benefits.
Holders can use their $METAFI tokens to earn exclusive Metaverse rewards through the staking mechanic. Additionally, they can increase their voting power in the DAO and access the private Metaverse Bank services.
Its developers have explained that “MetaFi is unlike any other project out right now. Imagine if you combined the gaming aspect of Runescape with the community of WallStreetBets!” They went on to add, “It empowers a new community earning layer for the Metaverse: we host the existing income opportunities and unlock new earning paths for Metaverse assets.”
These incredible features have helped solidify the venture’s reputation as the Wall Street of Web3. As a testament to its great potential, many interested NFT crowds and collectors are starting to notice the highly promising enterprise. In fact, it has already started growing a tight-knit community on its dedicated Discord server and Twitter account.
MetaFi is undoubtedly shaping to be one of the most revolutionary projects in the Metaverse today. Interested individuals and crypto enthusiasts should keep an eye out for the up-and-coming enterprise as it prepares to transform and elevate the NFT space.