Decentralized Nations (DENA) is a blockchain-powered metaverse that is based on real-world data of 195 nations from 2019. It is the world’s first national-based metaverse and is supported by Korea Investment Partners and NXC. With DENA, users can expand nations, build civilizations, and earn rewards. Nations are governed through nation ownership NFTs, which control domestic policies, infrastructures, tax collection, and overseas activities such as trade and war.
DeNations Metaverse consists of 390,000 lands, each with its own unique location and intrinsic properties. Ownership of the land is certified by NFT on the blockchain, ensuring digital scarcity, authenticity, and trading. Land can be used for residence and resource production, and once connected to nation ownership, it becomes a territory of the nation. Citizens can create and explore civilizations using various land resources, increasing resource productivity and engaging in activities such as war. Exclusive civilizations are issued as NFTs and can be traded in the open market.
The DENA token is the main utility token within the DeNations ecosystem. It is used to buy and sell nation ownerships, lands, and other assets. In addition to the metaverse features, DeNations also offers collaboration opportunities for real-world businesses, with the first realized business being DeNations Art Chain, a platform where artists can NFTize and itemize their artworks within the metaverse. Participants in DeNations, including citizens, nation owners, and land owners, can earn profits in the form of NFTs or DENA tokens by engaging in economic activities and participating in the governance of their nations.
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