Virtual Reality and Metaverse are the latest trends in the world of technology. Cryptovoxels is a Metaverse that has gained a lot of popularity in recent months. Many people have invested their money in it because they think this is going to be one of the best Metaverse platforms.
Today, we are going to take a look at what is Cryptovoxels Metaverse and its token. So, let’s dive in.
What is Cryptovoxels Metaverse?
Cryptovoxels is an NFT-based Metaverse built on the Ethereum blockchain.It is created by Nolan Consulting, an independent game developer based in Wellington, New Zealand.
Like The Sandbox and Decentraland, the virtual world of Cryptovoxels is also divided into parcels of land that players can buy. Obviously, the land is an NFT and you can build whatever you want on the land you own. Just like Minecraft, you can build structures by stacking blocks in the way you want them.
From a museum or an art gallery to a space to host virtual events or an e-commerce store, Cryptovoxels offers players the opportunity to build whatever they like. You can also display your NFT collection in your gallery and sell it to other players.
Read More: The Sandbox Vs Decentraland: Which Metaverse Is The Best?
What is Cryptovoxels Token?
Unlike Decentraland and The Sandbox, Cryptovoxels doesn't have a native token or currency. As of now, ETH is used to purchase lands and goods in the Cryptovoxels Metaverse.
Cryptovoxels had an in-world currency called $COLR. But the token is no longer in use, nor is it supported by Cryptovoxels.
However, Cryptovoxels has an ERC20 token called Cryptovoxels Parcel (CVPA). As the name suggests, CVPA is the NFT token that represents a parcel of land. In addition, user names and avatars in Cryptovoxels are represented as ERC721 tokens.
Cryptovoxels hosts weekly auctions on their website where you can purchase CVPA. You can also buy Cryptovoxels tokens from the game’s official secondary marketplace, OpenSea.