Netvrk is excited to partnership with Council of Kingz, an innovative real estate acquisition project in the NFT and metaverse space. Netvrk is a multichain metaverse built on the Unreal Engine, that enables users to monetize their content via NFTs.
Council of Kingz will work closely with Netvrk to make virtual real estate ownership a reality for many. Netvrk’s NFT offerings will be bought by the Council of Kingz, giving the project exposure to a next generations, utilitarian metaverse, focused on business, gaming, and education. The Netvrk Metaverse will also serve home to Council of Kingz virtual headquarters, serving as a gathering point for Kingz NFT holders.
Council of Kingz will be spearheaded by an NFT sale, then deploying 75% of mint funds, a 650 ETH investment into metaverse plots. This investment will be split between several metaverse projects that will be decided with help from the Elders.
125 ETH will be deployed to invest in metaverse project tokens like $NTVRK, and others. Elders will also decide on this as well. 25 Eth will be used for buying land at retail through special opportunities or private sales.
60% of royalties will go directly back into the portfolio for land acquisition and development. Reward our holders and increase value in our community. 40% will be used for operating expenses and salaries.
Read more about Council of Kingz roadmap, here.
Justin Ortiz, Co-Founder of Council of Kingz:
“ We are excited to work with and invest in Netvrk because of their forward thinking approach to the metaverse, and their continuation to push the boundaries and create a truly unique experience.”
Daniel Kennedy, CEO of Netvrk:
“We look forward to working with the Council of Kingz, and being on the frontlines of enabling more people to participate in virtual real estate acquisition, development, and community.”
About Council of Kingz
Council of Kingz is the most innovative real estate acquisition project in the NFT and metaverse space. Council of Kingz will develop each of the land plots we purchase with the intent to create gathering places, community centers, exclusive clubs, and specific districts that attract large amounts of foot traffic to create income through leasable spaces. Income that will further benefit the community in several capacities.
About Netvrk
Netvrk is a metaverse, with powerful creation tools and infrastructure to easily create, share, experience, and monetize creations. With a focus on gaming, education and virtual workplaces, built around ownership of virtual land and assets.
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