What is Next Earth?
Next Earth (NXTT) is the largest Metaverse platform with a mission to create a fair digital life for consumers. It provides a digital replica of the Earth, where developers can build map-based applications using smart contracts and mint dynamic NFTs through Next Earth OS (NEOS). NEOS is a one-of-a-kind API suite that enables Web2 developers to build their own smart contracts and mint their own NFTs in any programming language they are familiar with.
The Metaverse is a new generation of the internet, and Next Earth is focusing on location and map-based services. It offers a unique solution for developers to harness the power of smart contracts and dynamic NFTs. Dynamic NFTs are non-fungible tokens with metadata that can change according to the usage of the NFT itself, enabling real-life utility for NFTs.
NEOS uses geolocation, which means that every application is hosted on a specific location in the Next Earth Metaverse. Owners of the land where the applications are hosted are eligible for a royalty from the application’s platform fee payment, generating income for the landowners.
Next Earth is the first Web3 Metaverse that can claim to offer clear ROI-positive solutions for businesses to integrate with Web3. Its breakthrough dynamic NFT technology enables NFT projects to change values of their data, allowing for real-time updates to health points of a video game character or loyalty points on a membership card.
The Next Earth Platform is powered by Mapbox and enables users to buy 10m x 10m plots of land. As of December 2022, Next Earth has the largest number of landowners among all the Metaverse projects, with a whopping 46k size landowner community and has sold over 7 000 000 000 square meters of land.
Next Earth was launched in 2021 by Gabor Retfalvi, a serial entrepreneur with over a decade of experience in building and scaling businesses. The core team is located in Budapest, Hungary, and as of December 2022, the total headcount of the team is 43 people. Retfalvi is the CEO of the platform, and he is joined by co-founders Attila Kiraly, a mathematician with over 16 years in development, and David Taylor, an entrepreneur and economist with a 7-year background in token engineering who has worked with over 300 crypto projects since 2016.
All platform fee payments that are billed based on computing power used via NEOS are paid in fiat, but 70% of the platform fee payments are spent on buying NXTT. 10% gets burned immediately, and 60% goes into the Stake Reward Pool, creating a revenue distribution mechanism for NXTT holders. This economic foundation is the key to creating a fair digital life, where users get a cut from companies monetizing their data.
Next Earth's focus on location and map-based services, dynamic NFT technology, and its unique economic model that benefits users and developers make it stand out in the Metaverse landscape. Its fully Web2 compatible, language-agnostic NEOS makes it an obvious choice when it comes to Web3 integration for companies and startups that leverage location or maps in their tech stack.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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