A New IDO Project on Red Kite
Red Kite is partnering with Reality Metaverse to launch an exciting collaboration this April. This article delves into the details of the project and the upcoming $RLTM tokens that will be introduced on Red Kite. The team behind Reality Metaverse has developed Reality NFT, a unique platform where Web2 and Web3 users can coexist, forging a true connection between reality and the metaverse. By joining this digital revolution, users can experience a seamless integration of the physical and digital worlds, as well as enjoy an unparalleled gaming experience.
Reality NFT: Tokenizing World-Famous Locations
Reality NFT transforms iconic landmarks, major cities, and countries into NFTs, which are then utilized as assets in popular games, starting with the flagship mobile game Landlord GO. Each NFT represents a specific real-world location and offers royalties from Web2 games and NFT trading fees. Some of the project's key features include:
- An initial collection of 2,000 NFTs representing countries, cities, and renowned buildings. Each NFT will have its product page featuring detailed descriptions, royalty metrics from various sources, leaderboards showcasing building popularity, information on top shareholders, pricing history, current listings, and upcoming events.
- Tokenization of 2,000 iconic landmarks into NFTs with 3D rendering. These 1:1 scale 3D assets can be used in other games and metaverses.
- Royalties generated by each NFT through extensible utilities. NFT owners receive 30% of Web2 revenue generated by the 3D models used in Landlord GO's mobile game, as well as 20% of trade royalties from primary and secondary markets, NFT auctions, and NFT rentals.
- Over 6 million players and 21 million franchise downloads make Landlord GO the world's most popular geo-location property trading game.
- Expandable NFT utilities for earning royalties from premium content in Landlord GO and NFT marketplace auction and trading fees. The goal is to extend these utilities to future games and projects within the Reality NFT ecosystem.
The RLTM Token
The RLTM token is an Ethereum-based utility token with a fixed supply designed to facilitate growth and integration across all components of the Reality NFT platform. It combines various existing services, such as discounts on auctions and fees, granting priority access to NFT purchases, and serving as a governance token for the community. Additionally, contributors can earn royalties from Landlord GO and all future games. As new games are added to the ecosystem, they will exclusively use RLTM as their primary utility token, increasing its value over time.
Learn More about Reality Metaverse
For more information about Reality Metaverse and the upcoming $RLTM tokens, visit the official website at https://realitymeta.io/, join the Telegram announcement channel at https://t.me/RealityMeta, or read the whitepaper at https://bit.ly/RMWhitepaperMarch2023.
About Red Kite
Red Kite is an innovative launchpad that offers a frictionless token sale process, unique features, and an advanced model. Projects on Red Kite undergo a thorough vetting process that considers factors such as the project team's origins, legitimacy, and implementation capabilities. As part of its comprehensive development strategy, Red Kite aims to expand its ecosystem, incubate promising projects at an early stage, establish a DAO model, and leverage AI technology to create a user-friendly and secure smart launchpad.