Netvrk Partners with OraiChain

Netvrk
2 min readAug 27, 2021
Netvrk x Oraichain

Netvrk is excited to announce their partnership with OraiChain, a decentralized AI using blockchain technology. Netvrk is a metaverse built on the blockchain that allows users to monetize their creations and assets.

Netvrk’s blockchain-based ecosystem will adapt Oraichain’s several AI Oracle solutions for authenticity certification and origin verification. This will help create a more transparent and tamper-proof tokenization of assets from Netvrk’s metaverse like Virtual Lands, vehicles and buildings to name a few.

Netvrk will also use Oraichain’s soon-release Royalty Protocol to power distributions of royalties from resales in the Netvrk market, allowing a more streamlined monetization for platform users of all kinds.

Moreover, Netvrk will also intensively integrate Oraichain’s Price Feed oracle into their smart contracts which act upon price of assets.

Monumental remarks: Oraichain’s big step into the Metaverse

Being DeFi and AI enthusiasts at heart, our team cannot be more excited to expand our ecosystem offerings towards the metaverse landscape for the very first time.

Looking ahead, we are anticipating our headquarters being represented in the enthralling virtual world of Netvrk. This monument will mark our expansion into the decentralized metaverse space.

With the partnership being enabled, users of aiRight — Oraichain’s complete NFT platform can finally showcase their gallery via virtual exhibitions powered by Netvrk.

Together with our collaboration with Imba Games Studio on the new project Kawaii Islands being put through its paces, Netvrk’s metaverse infrastructure will also be a perfect fit for further development of the project. Afterall, who wouldn’t want to see their beloved characters in Netvrk’s Metaverse?

Mr. Chung Dao, CEO and Co-founder of Oraichain.

“Providing users with customizable and easy-to-monetize VR experiments unhindered by technical knowledge, NetvrkK is a necessity in today’s metaverse scene,” remarked Mr. Chung Dao, CEO and Co-founder of Oraichain.

“The much-anticipated collaboration with this exciting project will create the opportunity for our users to seamlessly experience the metaverse and set us up for further success in upcoming integration projects.”

About OraiChain

OraiChain is decentralizing AI using blockchain technology to implement an innovative mechanism for incentivizing cooperation by offering royalties to contributors. This creates a decentralized ecosystem to connect the workforce, inspiring improved and more scalable Artificial Intelligence solutions.

Website | Blog | Twitter | Telegram | YouTube

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.

Website | Twitter | Discord | Telegram | Telegram Ann. | Medium

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Netvrk

Netvrk is a metaverse built on the blockchain, with tools that allow you to easily monetize your content using NFTs. netvrk.co