Economy
Basic Production Element
Universal Owned Virtual Land
Virtual land is the fundamental production element and territorial unit in Dankverse Land. Followings are the elements in detail:
Random Land Generation
Unlimited land supply; muti-chain supply; phased batch supply
Random distribution of resources
Non-ownership system - Harberger Tax Mechanism
ALL Above are the most basic element of being a UBI
It is worth noting that Dankverse virtual land only has the right to use, but not ownership. Virtual land is owned by the community as a basic element of production, but the income generated by land use belongs to the current user. Through the Harberger tax, we can accurately price the land assets, enhance the liquidity of the land, produce the maximum benefit, and alleviate the monopoly on property rights. The high distribution efficiency brought by the Harberger tax can make the virtual land have a higher utilization rate and greatly reduce the social cost of the community.
Types & Rarities of Land
The first phase of land in Dankverse is Satoshi Nakamoto Island, which is deployed on the Arbitrum chain and consists of 15,000 pieces of NFT land located in one of the five districts. These districts are: Fundamentalist District, BUIDL District, Meme District, Commercial District and Crypto District.
Land Characteristics
Location:
Fundamentalist District
BUIDL District
Meme District
Commercial District
Crypto District
Size:
Group of Land
Giant Size Land
Large Size Land
Medium Size Land
Small Size Land
Rarity:
Group of Land; 5%; 750 Pieces
Giant Size Land; 10%; 1500 Pieces
Large Size Land; 15%; 2250 Pieces
Medium Size Land; 20%; 3000 Pieces
Small Size Land; 50%; 7500 Pieces
Original Sources:
Mineral Resources
Biological Resources
Port Resources
Tourism Resources
Fresh Water Resources
Asset
Identity Passport
Roles
Land Upgrade Package
Genesis Card (NFT)
Treasure Blind Box
Production Line
After obtaining the land upgrade package, you can not only increase the weight of UBI, but also get the $DANK token incentive. The income bonus varies according to the grade of the land upgrade package.
Grade & Bonus of Land Upgrade Package
Synthesis has probability of failure
1
10%
2
20%
3
40%
4
70%
5
100%
Multi-chain Metaverse
Dankverse Land will integrate and support multiple block chains in its Metaverse, including Ethereum, Polygon, Avalanche, Solana, Cardano, Polkadot, BSC Chain, XRPL, Flare, Elrond, Phantasma, Hedera; and L2s like Arbitrum, zkSync, Optimism, etc.; to release virtual land.
Using Scenarios
Owning Land enables citizens to own, develop, and tokenize their brands in the virtual world. Citizens can use permissionless systems to build and deploy assets on their land and lease and entrust their land to third parties.
Player Tribe
Citizens can build freely on their virtual land, not only beautiful buildings or unique virtual landscapes, but also generate a small country, etc.; with a highly transparency of freedom.
Digital Avatar Experience
Citizens can generate their own unique digital avatars. By walking through the oasis land, citizens can feel the spectacle and architecture, and get more unique experiences while exploring.
Issuing a Map
Citizens will be able to explore, interact and own their own land in this vast virtual world.
Value of Land
The value of virtual land in Dankverse is expressed in many ways:
Land-users get their identity passport NFT
Land-users receive a portion of UBI income
Land-users can participate in Governance through DAO
Land-users can build virtual landscapes, deploy brands, games and experiences on their land, and profit from them
Land-users have the ability to lease or entrust land to a third party in a safe and permissionless manner
Land-users can deploy advertisements on their land to profit from user traffic
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