Virtual land is a popular concept in the gaming industry, but Next Earth is the first platform to let you buy NFTs on a virtual replica of Earth, alongside an environmental mission of giving back.
There are many different NFT platforms that have popped up over the last couple of years, but few offer a donation component to their offerings, and none have enabled users to get NFT tiles of Earth’s surface. This is an important feature of Next Earth, as it helps give back to worthy causes while still attracting buyers to the platform. With every virtual real estate purchase, 10% is donated to environmental causes.
Virtual real estate will continue to grow in popularity as more people become interested in investing in these assets. With donations being made on Next Earth, the environmental component to the platform can only help increase its appeal with a new generation of investors.
In Next Earth’s ITO, or Initial Tile Offering, a whopping $1.3 million was raised, such that over $130,000 are going to Amazon Watch and The Ocean Cleanup. The allocation of funds to these organizations was determined by a community poll on Discord, with landowners voting that a slight majority goes to The Ocean Cleanup.
The Future of NFTs
This is the future of NFTs – platforms that encourage users to invest their money into personal digital assets while also supporting worthy causes at the same time.
In other words, virtual land could be the next great step towards creating a cleaner world. Next Earth’s impact goes beyond the allocation of funds to environmental charities.
The platform is also being developed around user needs, and it allows people interested in virtual land to invest in virtual property that they feel passionate about.
Incentivizing Donations With Items Users Care About
By offering a way for users to invest in virtual land and develop on it, Next Earth is creating an opportunity for people to express their values in a practical way. Most people don’t want to donate to charities and then receive nothing in return. With Next Earth, the act of giving is worth something to people – even if it’s just a fraction of a sale
Investing in something that you care about greatly increases the emotional attachment, which means more sales on average. This is an excellent use case for blockchain because it allows users to invest in virtual land that they feel passionate about with the goal of seeing their efforts translated into tangible dollars later on down the line.
Not only that, but Next Earth is planning a feature-rich pipeline to further attract users, including the ability to create pixel-based art on virtual land tiles. Picture this: One day, you’ll not only be able to own a one-of-a-kind piece of virtual Earth, from the Statue of Liberty to the White House, but you’ll be able to draw art on top of it, while contributing to environmental causes.
How Will Blockchain Help Create A Better World?
The blockchain community often talks about how cryptocurrency will be the “arbiter of truth.”
If you need something to believe in, then here is another example. People invest in virtual land because they understand and believe in the power of investing in something that matters – even if it’s just a tiny bit.
This demonstrates that when done correctly, NFTs and crypto can make a real impact on people’s lives and inspire them to action. And when you combine this with an inspiring message tied to environmentalism, then you have yourself a powerful combination.
This will only become more important over time as the NFT industry grows and ultimately reaches mass adoption.