The representation of actual locations as NFTs is one intriguing project type that has developed in recent months. This has attracted a lot of attention and has been done for locations all around the world. One such instance is the sale of NFTs that reflect actual locales in Singapore as part of the NEXUS World metaverse by blockchain gaming startup Affyn. Due to the project’s amazing success, all 2,000 NFTs were sold out in a little over two hours.

Singapore Welcomes The Metaverse
According to Affyn, the NFTs depict hexagonal tiles matched to places utilizing mobile geolocation technology. The rarity of these hexagonal tiles varies, and this affects everything from their appearance to the microclimate in these “locations,” among other things.

In the NEXUS World metaverse, there are four different rarity levels that correspond to common, uncommon, epic, and mythological assets. Owners of NFT lands can afterwards make money off of them within the ecosystem and engage with other users. As a result of the success of the Singapore NFTs, more cities would allegedly undergo the same treatment, according to Lucaz Lee, the creator of Affyn.

“We are eager to observe how the metaverse economy may operate and generate extra value for consumers, beginning with the Singapore metaverse city. We are enthusiastic about the ecosystem’s prospects as more cities are added, especially in light of how Landowners will choose to develop their parcels in order to contribute to the development of NEXUS World’s economy. Affyn – Lucaz Lee.