TOKAU Debuts Initial Metaverse Real Estate Sale Under MetaCity’s MetaTokyo

TOKAU, an NFT and cryptocurrency platform, is holding its first-ever metaverse real estate sale on Friday, Feb. 11th, at 3:00 PM UTC. The sale will include blocks of "Land," which are only small sections of the MetaTokyo iteration, itself of which is only a small part of the larger MetaCity blockchain game encapsulation.

As it stands currently, MetaCity itself is made up of a total of 150,000 sections. Each section can be viewed as, in terms of our current mode of internet searchability, websites. These sections, or "Land," will include various possibilities, such as social platforms, video games, live concert venues, and more, all situated under a decentralized digital platform.

One such section is MetaToyo, where designers took the liberty of fashioning its chic in the guise of the real-world Japanese city. It's here where both TOKAU and MetaCity will be holding a real estate sale for various portions set out across its digital landscape.

MetaTokyo is made up of 2,000 total sections. The starting price for said Land options will be set at 550 USDT, which is about the same price when converted into dollars. Land pricing will go up according to its position on the actual map of Tokyo, as sections "near iconic buildings costs more than other Lands," reads TOKAU's press release.

One of the main reasons why MetaTokyo is the first real estate offering under MetaCity is due to the fact that Tokyo itself is where TOKAU's headquarters are based. The company was founded in June of last year, focusing on building NFT tokens for celebrities. Now, it vies to be a blockchain powerhouse as it enters into metaverse real estate transactions and builds out the MetaCity branding.

"Tokyo is a city which embraces people with various backgrounds and people fantasizing about creating an alter ego," explains CEO of TOKAU, Dennis Tok. "Land in MetaTokyo is where you can achieve your dream. It's an attractive asset among all competitive metaverse projects. Join MetaCity, become a Land owner and enjoy this realistic virtual world together!"

TOKAU also sees value in the expansion of culture through MetaTokyo. Via social interaction and other forms of digital content based throughout the MetaTokyo realm, visitors will be welcomed to a whole new side of Japanese background, fusing the 2D concepts of anime and gaming within a fully realized 3D atmosphere.

As the press release aptly remarks, "Since users can play, socialize and live in the city and all the activities are realized on Land, Land gets its value and becomes the carrier of content."

Each piece of purchased land on the MetaTokyo platform will only come as one size, but consumers and users are allowed to do whatever they please with that section after purchasing. Blockchain-based gaming, otherwise coined GameFi, is at the core of the entire MetaCity project. MetaTokyo is only one small aspect of TOKAU's next push into the metaverse and well beyond.

TOKAU is also holding a sweepstakes on its official Twitter, gifting one lucky with a $500 USDT priced land asset for those who retweet, reply and share three additional friends on the post.

MetaCity as a concept is fueling the blockchain gamefi realities through allowing consumers two types of interaction: play and creation. Users can either enjoy the suite of interesting games set across the MetaCity landscape, or create their own individual concepts themselves. TOKAU will be awarding creators with cryptocurrency tokens and NFTs to those "who set up various attractions on their Land." Upgrades and enhancements to said Land can be purchased via ORE NFT, which is also what staked TOKAU tokens can be rewarded with.

As the burgeoning metaverse concept takes shape, digital realities become less concept and more reality. MetaCity and its MetaTokyo real estate offering is only the first push in a new line of virtual ventures that will shape the forthcoming landscape for Web3 integration.