MetaJuice has today announced the launch of a fully merged NFT marketplace on the social media IMVU metaverse. The official statement comes during the NFT.NYC gathering, and in Q3, more than 1 million daily active users will gain access to the NFT Marketplace.
MetaJuice is launching an NFT marketplace on IMVU.
MetaJuice Confirms NFT Marketplace for IMVU Metaverse
Harnessing the power of the existing IMVU community, MetaJuice has teamed up with IMVU creators for the first NFT collection. The brand new NFT Marketplace is one of the first NFT Marketplaces to be included in the already established Metaverse. This includes wearables around the world, and users will soon be able to purchase these NFTS using VCOIN and VCORE.
NFT Marketplace will give IMVU users the ability to monetize their platform. They may choose to do this in a number of ways, including opening shops or through a secondary market. IMVU users will have full digital ownership and control of the items purchased. This would give them the freedom to collect, display and resell the items if they wish to do so.
“The NFT Marketplace will unlock new functionality that our users are excited about, providing our 200,000 creators with even more ways to earn. Short of virtual goods, ownership,” said Darren Tsui, CEO of Together Labs, IMVU’s parent company. The introduction of proof of and ancillary benefits will supercharge the IMVU economy.
Notably, NFT is a partnership with marketplace ImmutableX, which means there will be zero gas charges in the IMVU ecosystem.
About IMVU Metaverse
IMVU is an online virtual world and social networking platform established in 2004. Now, it’s a metaverse space with over 200,000 active IMVU creators. It is the top 5 grossing app in iOS/Apple App Store and Google Play Store.
Plus, millions of users customize their avatars and can explore over 40,000+ destinations in the metaverse.
Metajuice, which builds blockchain economies, will launch its NFT marketplace inside IMVU. It’s important to note that IMVU already has a huge economy with over 21.4 million monthly sales and over 50 million virtual goods.
Metajuice creates blockchain-powered assets that unlock the value of the Metaverse.
“IMVU users have long bought millions of dollars of digital goods a month,” said John Burris, president of Metajuice. “With the increased benefits brought by exclusive, limited runs and resale, we are confident that NFTs will be an additive to our already vibrant virtual economy.”
Enter the IMVU Metaverse Design Challenge
In the lead-up to the NFT Marketplace launch, IMVU is launching a design challenge in partnership with Metaverse fashion house Ouroboros. The challenge is to create a unique digital design using iconic nature symbols and textures.
The competition will start in the summer. Winners will see their designs become digital wearables and NFTs on the IMVU NFT Marketplace. Additionally, creators will also receive a share of the sale.
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