Promoter NFTs (Land)

The Promoter NFT owner gets the following:

• The land linked to the NFT

• Benefits in proportion to the size of land linked to the NFT (shared below)

Overall supply of land in edverse is limited.

edverse land is divided into parcels. Specifics of each parcel (i.e. size, borders, location, current ownership) are linked to on-chain Promoter NFTs.

Edverse Map

edverse world is divided up into 3 zones:

• The Sci-Fi Zone: Draped in a profound deep blue, it stands as a bastion of futuristic education and intellectual exploration. The Sci-Fi Zone is a microcosm of the human aspiration to reach beyond the known, embodying the spirit of discovery and the relentless pursuit of progress.

• The Urban Zone: A rich green envelops the landscape, signifying a vibrant cradle of growth, renewal, and practical application. Green, often associated with vitality, growth, and balance, reflects the zone's focus on practical skills, sports science, real-world applications, and the harmonious blending of practical learning with an endearing experiences.

• Ancient Zone: Awash in a distinctive mustard yellow, it serves as a gateway to the wisdom of the ages. This color, often associated with knowledge, learning, and a connection to the past, perfectly captures the spirit of the zone dedicated to the exploration of ancient wisdom and languages.

Here is a video introducing the 21 cities - Knowledge Hubs of edverse

Edverse Map

Types of Promoter NFTs

There are 3 types of Promoter NFTs, each linked to 1 plot on edverse. The total number of Promoter NFTs is 10,000 as categorized below:

S.N.	Number of NFTs available	Promoter NFT Tier	Plot Size
1	5,000	Rare	10m x 10m
2	3,000	Epic	20m x 20m
3	2,000	Legendary	50m x 50m

How to purchase Land?

Land can be bought in 2 ways:

1. Land can be bought from edverse by purchasing the Promoter NFT during plot sales.

2. Investors can also purchase Land (Promoter NFTs) from existing landowners through the marketplace to become Promoters of edverse.

What is the value of Promoter NFTs?

Promoter NFTs in edverse have intrinsic value due to the monetary benefits (potential reseller commission, discounted ad rates etc.), intangible benefits (such as voting rights) to the landowner and scarcity value due to the limited supply of land. The benefits of owning land on edverse are:

1. Plot ownership which allows Promoters to set up campuses and buildings in edverse, which can be seen by users directly inside the metaverse.

2. Promoters can set up their own Live Classroom private server and integrate edverse platform features to host the live sessions directly.

3. Promoters have rights to act as marketers and re-sellers of the courses on edverse, based on the NFT Tier. When they sell using their affiliate link, Promoters receive a commission on every sale.

   1. Rare NFT owner = 1 course can be marketed at a time.

   2. Epic NFT owner = 4 courses can be marketed at a time.

   3. Legendary NFT owner = 25 courses can be marketed at a time.

4. Discounted rates for:

   • Advertising - Rates are discounted in proportion to the NFT Tier held at the time of services purchased.

   • Rent rates of live session from edverse - Rates are discounted in proportion to NFT Tier held at the time of services purchased.

5. Advertisement Hoardings: Promoters get advertisement hoardings which are near their plot on edverse. They can use this to display their own advertisements or rent it out to others. The size and number of hoardings depends on the NFT Tier owned. Some examples of Advertisement hoardings on the Land plot can be seen in the screenshot below.

   

   Bird's eye view of VYOM city (Pre Alpha) with an advertisement hoarding
6. Promoters have special voting rights inside edverse. Each Promoter will get votes as per the following

   • Rare NFT owner = 10,000 votes

   • Epic NFT owner = 40,000 votes

   • Legendary NFT owner = 250,000 votes