What is the LunaOne coin (XLN), NFT, Metaverse and Web 3.0 token?

LunaOne is called the LuneOne project based on the Metaverse. It is a platform that aims to expand into more universes beyond games. It is the first decentralized virtual company that aims to redefine decentralization through earnings, games and learning in a cohesive Web 3.0 environment. Read on to find out more about the LunaOne project.

What is LunaOne (XLN)?

LunaOne, a Web 3.0 platform, allows users to participate in virtual and real activities simultaneously. The internet is an amazing resource for connecting people around the world, whether it’s earning money, learning something new, or just having fun.

To ensure the proper functioning of the LunaOne metaverse, the XLN token is the main fuel for all transactions in the system. This new coin will work on the Binance Smart Chain soon, but XLN is now available on the LunaOne website.

There are three main elements of Luna One Metaverse that you need to know:

  • Integration of all vital activities in one place.
  • Interaction between worlds for services, activities and real knowledge.
  • Decentralized decision making.

How does LunaOne (XLN) work?

The project created the only online space that brings together virtual game worlds, educational platforms and recognized global suppliers / brands in one convenient place. The platform’s specialized technology makes augmented reality even more multidimensional, connecting meta-infrastructure to real-world sectors such as finance, entertainment, education and more. LunaOne is the closest thing to “player ready 1” so far in the crypto sphere offering unlimited NFT value and tangible benefits of avatar progression. The project’s branded virtual reality kit (HYPE.vR) allows participants to see / hear everything that happens in the virtual space.

The project’s AR / VR device offers a deep dive into the Metaverse, allowing players to enjoy full interaction with a hyper-real 3D world. Wearing tactile and sensing suits / gloves, participants can feel, touch and feel the environment on their skin as they follow the movements of another avatar’s face and body. LunaOne allows you to witness the formation and development of the metaverse through unique NFT avatars that create a symbiosis between the virtual and the physical world.

Players can use their avatars to participate in P2E battles, purchase and develop real estate, invite friends, and discover new missions and activities with rewards. Metaverse followers can experience life in an unlimited 3D open world, where they can purchase virtual items, pilot ships, and create custom environments. They can also run business in the real world and receive virtual goods that have real value in the physical world.

Accessibility on LunaOne

LunaOne is different from other VR / AR setups in that it will be available on a wide range of critical gaming / VR / AR platforms and technologies. The LunaOne ecosystem is also accessible to those who play on popular platforms. In addition, the founders of the project are working on the integration of LunaOne and smartphones. Gaming platforms like Steam, Xbox Live, and PlayStation Network have millions of monthly visitors from around the world. The team’s ambition is evident in this context: to enter a sector through existing conventional channels.

decentralized lifestyle

LunaOne neighborhoods offer virtual land for sale to the public. The team relies on the fact that NFTs are, by definition, unique to introduce a degree of personalization into the metaverse. Special events can be organized by individuals who purchase real estate, as well as travel and receive visitors. Concerts and seminars can be followed without the intervention of third parties using LunaOne.

DeFi File Storage System (DFS)

To further decentralize the network, the group proposes to use a decentralized file storage system (DFS). Each token holder has the governance right to influence the future development of the platform through an internal voting system. The decentralization of LunaOne will concern voice, text and data services. LunaOne believes that people should be able to communicate with each other in the metaverse. There is a desire to develop an online and offline communication plan.

A hyper-real virtual world with AR / VR compatibility

LunaOne creates a hyper-real unlimited 3D virtual universe where anyone can shop, socialize, work, play, attend exhibitions, concerts and other events, and experience life in an infinite world. Users must create a unique avatar, an NFT that allows them to securely log in and interact with all the features of Metaverse. You can use your avatar to solve, play P2E games, travel from place to place and solve real world problems to earn rewards. Gamers can dive deeper into avatars and virtual reality with the HYPE.vR kit.

The AR / VR package includes tactile and tracking suits and gloves that allow users to feel the environment on their own skin and track other players’ face and body movements. The unlimited 3D virtual universe allows users to perform tasks that reflect reality. Basically, a person can buy / sell real estate and own all kinds of virtual assets that have value in the physical world. Real estate and all other metaverse items are unique NFTs that can be sold or transferred to other avatars. Owners can find new quests and events with rewards, invite friends, and customize / build their own persistent environments.

XLN Token

The XLN coin is the native token that powers the LunaOne metaverse. Avatars will need to have XLNs to influence virtual reality development and governance. DAO proposals can be submitted by the community and the foundation. XLN is the primary currency used in the LunaOne Metaverse ecosystem. XLN is also a high-interest asset, allowing its holders to automatically generate revenue in their portfolios. The XLN cryptocurrency has a total of 10,000,000,000 XLN tokens

  • High Interest Rate – Every time XLN is sent, a 2% transaction fee applies. These commissions are distributed to all current offer holders, creating a valuable source of passive income.
  • Political power – Holding XLN grants its users voting rights based on the value they hold: the more they hold, the more power they have to make decisions about how the currency will be used and how LunaOne will grow.
  • VIP Access – Holding certain XLN referral amounts will grant cardholders access to VIP areas, features and benefits.
  • Gateway to LunaOne – All transactions within the LunaOne Metaverse will require XLN. Users should purchase XLN to purchase the best condos, ships, and other NFTs while they are available.

Where to buy an XLN token?

The XLN cryptocurrency can be purchased on the Luna One website. First, you will need to create an account and pass the KYC verification. To complete the transaction, you will need to connect a crypto wallet where the purchased token will be transferred. The project offered the token at a discount to investors who bought it prior to its launch. The team announced that the cryptocurrency will be launched on Exchange Bitmart, but did not announce the listing date.

Conclusion

There are several components that make up the Luna One experience. Metaverse avatars are “the main tool for creating a symbiosis between the virtual and the real”, explains the company. Each avatar will be an NFT and will be able to participate in the decentralized organization. Users are encouraged to develop their own avatars through a rating system. LunaOne will have “subtables” as well as the main ranking of the first 1% avatars.

Like Decentraland and The Sandbox, this new metaverse will be divided into neighborhoods and made up of real estate. Users can purchase these NFT properties, which will allow avatars to access new missions, change their appearance and invite friends. The value of each real estate NFT will be determined by four factors: size, location, customization and “internal capabilities”. Other things LunaOne plans to include are decentralized file storage for all metadata and a streaming platform where users can make money by watching.

* PortalCripto values ​​the quality of the information and certifies the verification of all the contents produced by its team, underlining however that it does not formulate any type of investment recommendation, as it is not responsible for losses, damages (direct, indirect and ancillary), costs and failure I earn.

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