Before the internet, memes were of little cultural and political importance. However, the rise of the Internet has ensured distribution among meme lovers around the world. I am aiming.
Kittynomica is the ultimate metaverse platform in the coin market. This exciting platform allows users to create and mint memes into her NFT collectibles and earn rewards.
One of Kittynomica’s goals is to enable meme lovers to experience the metaverse and create worthwhile memes. To achieve this goal, Kittynomica has developed an ecosystem that connects like-minded people to create, monetize and exchange memes. Kitinomika’s team visualized that memes are more than just jokes, they can be leveraged for value.
In addition, users are entitled to own digital plots of land within the Kitiverse, pointing to land parcels within the Kitinomika ecosystem. Kittyverse allows users to decorate their land and mint memes suitable for trendy topics as his NFTs, which can then be sold on the Kittynomica marketplace.
Land and Map of Kittynomika (Kittyverse)
This represents a physical parcel of land in the Kittyverse. Users can host the content they create on their land. This Kitinomika land has a map of his 96,464 lands in a standard 324 square meters.
Land serves as the physical space in the Kittyverse where users can own, create and monetize assets. The land is vital to the Kitinomika ecosystem as it provides incentives for community growth and development by facilitating economic activity.
Kittynomica’s marketplace is fully decentralized and organized by smart contracts. The primary purpose of this platform is to manage the supply and demand of all digital assets traded on the Kittynomica platform.
Also, all assets on the Kittynomica platform are registered as NFTs and recorded on the blockchain ledger, so creators own the actual ownership and copyright of their content. This feature prevents other users from stealing the creator’s efforts.
Governance of Kittynomika
Users who own Kittynomica tokens have the right to participate in this platform’s governance protocol through a Decentralized Autonomous Organization (DAO). The protocol allows users to vote and delegate voting rights on decisions such as changes to platform features and roadmaps.
Kitinomika Token (KIN)
The platform employs two utility tokens, $KIN and Land. These tokens can be used to buy, sell, mint, and stake digital assets to earn rewards. All digital assets created by Kittynomica users are represented as BEP-1155 tokens.
This token will also cover transaction fees associated with uploading memes and listing NFTs on the Kittynomica marketplace.
Kittynomika vs. Competitors
Decentraland is hosted on the Ethereum Blockchain Network, a popular play-to-earn P2E adventure game platform in the Metaverse.
The Decentraland team also publishes a marketplace with a drag-and-drop editor that users can use to create interactive scenes and unique experiences within their Decentraland parcels.
Decentraland is also a decentralized platform that prioritizes ownership of users who purchase digital land in virtual worlds. This decentralization eliminates censorship vulnerabilities.
Furthermore, the people who have the authority to make decisions on the Decentraland platform are its token holders. Includes MANA holders, property owners and land investors. The holder of MANA will have 1 unit of her voting power, and the land parcels and real estate tokens will grant its owner 2000 units of her voting power.
Additionally, there are three utility tokens in the Decentraland ecosystem: MANA, Land and Estates. MANA is an ERC-20 token that can be used to purchase land and pay for services on Decentraland’s platform. Decentraland’s most expensive land sold for 618,000 MANA in November 2021.
Also, the land and estate tokens are ERC-721 tokens and two NFTs from Decentraland used to merge the digital land tokens.
Kittynomica and Decentraland offer users some compelling features about the metaverse. Despite their similarities, Kittynomica offers faster, cheaper, and more scalable transactions along with its superior features.
Kitty Nomika (KIN)