Cointelegraph has recently announced that Metropolis has joined the Cointelegraph Accelerator program. Metropolis is an immersive world that combines commerce, properties, avatars, and gaming, bridging the gap between the digital and physical realms.
While OpenSea caters to a wide range of users in the general nonfungible token (NFT) marketplace, there is a growing trend towards platforms that offer a more tailored experience for both new and professional users, as well as brands looking to enter the NFT space. Notably, renowned brands like Nike and Gucci have already ventured into the world of branded NFT sales, generating a side business worth $260 million.
According to DappRadar metrics, as the NFT trading volume reaches $1.5 billion, Blur, a curated NFT marketplace renowned for its specialized content, has the highest trading volume, despite accounting for only 4% of NFT sales. Curated NFT marketplaces provide a focused environment for brands to generate new revenue streams by engaging with their core audience. These platforms emphasize quality and offer additional community-building tools.
Metropolis’s flagship platform, Metropolis X, aims to revolutionize social commerce by providing a gamified marketplace where digital collectibles unlock real-world products and experiences. Backed by a network of over 350 top creators and brands, Metropolis X merges the creation of digital avatars with an NFT marketplace. Users can create unique avatars that they can confidently claim as their own, with thousands of customizable items available. Avatars are updated on the blockchain in real-time.
Metropolis is not the only creator contributing to the marketplace. Numerous artists, creators, communities, and brands have created distinct collections to promote their style or generate revenue. The platform’s ease of use and customization options have attracted well-known names such as DJs Steve Aoki and Blondish, graffiti artists like Enivo, fashion designers Rick Dick and Pet Liger, fine artists Elise Swopes and Bryan Brinkman, and Web2 and Web3 companies including TimeOut, Unstoppable Domains, Lamina 1, Zen Academy, Sneakerheads, and The Flare Network.
Most of the items introduced on the platform start as digital exclusives, giving users access to a wider range of products and experiences. Each item has the potential to unlock real-world assets, as digital clothing pieces can be reproduced physically.
Brands and creators can enhance interaction with their audience through a variety of NFT drops. They can connect with fans, offer exclusive content, raise funds for charities or new projects, and create physical versions of their items.
Metropolis World is a virtual city that transforms social profiles into digital cities, fostering authentic connections within online communities. Users curate personal spaces that reflect their identities and interests in immersive environments with engaging narratives. The platform offers quests, games, and entertainment experiences in its lore-rich environments.
With a team of experienced storytellers specializing in world-building, Metropolis aims to add depth to every aspect of its virtual realm. From the first collection, The City of Celeste, where users minted unique stories and buildings, to ongoing lore drops, games, and collectibles like newspaper clippings and avatars, each element contributes to the interconnected experiences that bring the digital Metropolis to life.
Metropolis is preparing for its token generation event in mid-2024, which will integrate its various components into a cohesive and gamified ecosystem.
For more information about Metropolis, visit their website.