- ZTX is set to launch its Genesis Home NFT Mint on Arbitrum via OpenSea
- ZTX provides real utility and rewards for early adopters.
ZTX, an innovative and rapidly expanding Web3 virtual world and creator platform, is launching its eagerly awaited Genesis Home NFT Mint on Arbitrum on August 30. The launch will take place here, on OpenSea, the world’s leading platform for digital asset and NFT collection, creation and trading. Today, ZTX is reporting that it has successfully sold out its presale event.
The upcoming Genesis Home Mint is a prime example of the rapid development, evolution and maturing of the blockchain and Web3 spaces. While many early advancements and considerable Web3 growth have already taken place, user engagement, content creation and functional rewards systems and incentives have not matched that pace. Innovative initiatives such as the Genesis Home Mint stand to change that narrative. The mint comprises 4,000 bespoke 3D-rendered Homes spread across four unique ZTX Districts: Fashion, Games, Financial, and Arts. It will be conducted instead of a virtual land sale, which has long been the go-to approach for virtual world platforms but typically results in little to no engagement or incentives for creators to participate.
ZTX’s Approach to Community and Creativity
ZTX, in contrast, has made land free and is providing early adopters and supporters with limited-edition Homes that will serve as their base. In this way, ZTX is rewarding community members and creators with in-game utility, boosts to economic activities and asset production, priority access to updates and features, opportunities for self-expression and creativity, and voting rights on important District matters. In this way, ZTX is bringing about an important change that has yet to be seen in the Web3 and virtual world industries – providing real utility and incentives that are tied to self-sustaining on-platform activities, all neatly packaged into functional digital assets that are the linchpins of the blockchain, cryptocurrency, NFT, and Web3 revolutions.
“Once our presale was successfully sold out, we wanted to provide unique benefits to our community members and early supporters via ZTX Districts. By delivering benefits in a Web3-native way and leveraging the power of digital assets, we can combine creator contributions and platform rewards like never before,” ZTX’s co-CEO Chris Jang said in a statement.
Homeowners in ZTX’s four Districts will have priority access and exclusive rights to various experiences, content, and opportunities within their Districts, per ZTX. With their 3D-rendered Homes, they will also enjoy direct in-app utility and will be able to decorate rooms, exhibit art or content, host gatherings, and conduct other activities. Home NFTs also act as membership passes that provide governance rights to the various District treasuries that will work toward securing independent grants and support for creator rewards.
Oliver Maroney, Gaming Partnerships Lead at OpenSea,said that OpenSea is excited to partner with ZTX and thrilled to bring their first-ever mint to life. “We believe that great games powered by NFTs will not only onboard new users to the blockchain space but will also help the gaming industry evolve. ZTX is pushing the space forward and is setting a new bar for other projects and initiatives to follow,” said Maroney.
In this way, ZTX is bringing on-platform rewards, priority access, exclusivity, utility, functionality and many new capabilities to creators and community members all via District Homes. This is bound to redefine how other Web3 players approach rewards, incentives and other functions on their platforms and ecosystems as well – a significant step forward and a major advancement for the industry as a whole.
