Tier 1 Country Rulers also need our tokens to unlock their Tier 2 States/Regions/Provinces. Anyone who clicks on your link and then Mints a Land Asset NFT you will get 10% of the minting price.Ĭhris: What are some of the utilities that are on offer in this community?įlume: You need our native Token to purchase a Lands. You can go to uland.io/refer and generate your own unique referral link. This figure is a combination of the above mentioned rewards for being a Land Holder, but also includes our revolutionary Refer to Earn program, which we built on the blockchain. We really wanted to reward people for joining our MetaVerse and let early investors see their ROI (Return of Investment) very quickly.įlume: 129M in $ULAND tokens is approximately 1319BNB or $496,000 USD at the current exchange rate. Please tell us a bit more about this.ĥ7Pixels: That’s an amazing figure and was all part of our design. This was a major barrier for entry for a lot of newcomers into the NFT/Crypto space.ĥ7Pixels: We felt it wasn’t fair to Mint a Land Asset NFT for $100, but then potentially pay $200 just in transaction fees.Ĭhris: U$129M paid out in rewards.
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You earn rewards the following way:ġ) As flume mentioned: Through transactions of our native token.Ģ) Distribution Rewards: Every single state that is sold underneath the USA, you get 5% EVERY SINGLE TIME each state changes hands.ģ) You can sell your Land Asset NFT at any time and you can set the price.įor full details of our Tokenomics and Rewards model please check out this Infographic and our Whitepaper: uland.io/Whitepaper.pdfĬhris: Why did you decide to go with Binance Smart Chain?įlume: We originally intended to deploy on the Ethereum Network, but decided against it because we felt the Gas Fees were too high.
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PLUS just like other NFT’s your Lands will go up in value over time and you can sell them for a healthy profit, or hold onto them long-term.ĥ7Pixels: All Lands follow a hierarchy model, just like in the real world.
Every time our $ULAND Token is transacted, 2.5% of that transaction is reserved for Land Holders and is split according to the population of your Lands.įlume: You can buy multiple Land Asset NFT’s in ULAND and the total population of all those Lands will determine how many rewards you get. Unlike traditional NFT’s, in ULAND they are Land Assets (Utility NFTs), which means you earn $ULAND Tokens as rewards every time someone transacts our native token.ĥ7Pixels: Yes, the amount of rewards you receive is based on the total population of the Lands that you own. We are joined by Flume and 57Pixels - Creators of Uland.Ĭhris: Uland members can generate passive income through transactions on virtual land? How does that work?įlume: That’s the beautiful thing about owning NFT’s in ULAND.
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