Reality Metaverse (RLTM): Bridging Reality and Virtual Reality

The Web 2.0 and web3 realms have largely remained disconnected until recently. Web 2.0 refers to the internet commonly in use today, while web3 is a growing decentralized space that supports creation and privacy. While the two are functionally unique and support different activities, a new mobile game, Landlord GO, has bridged the gap in a manner that offers both entertainment for users and the opportunity for financial gains for contributors. Landlord GO utilizes Reality NFTs created in the Reality Metaverse.

Key Takeaways:

• Reality Metaverse tokenizes iconic landmarks from around the globe and turns them into Reality NFTs. These NFTs are tied to a 3D asset that can be used in the LandLord GO mobile game.

• Players can earn royalties in the form of RLTM tokens when their NFTs are sold to other Web 2.0 players in the game.

• Bybit Web3 IDO offers users the chance to win RLTM tokens. Find out how you can earn in the detailed guide below.

What Is Reality Metaverse?

Approximately 2,000 Reality NFTs will be launched in the first collection on Reality Metaverse. These are 3D NFTs that have tokenized various countries, cities and landmarks for use in the Landlord GO mobile game. Some of the specific landmarks include the Eiffel Tower, Statue of Liberty, Golden Gate Bridge and others. 

Specifically, the NFTs can be purchased in the app and traded in the marketplace. Reality Metaverse uniquely allows web3 creators to earn royalties in the form of RLTM, the native token of Reality Metaverse, when their NFTs are sold to Web 2.0 players in the game. This is because it grants contributors full ownership rights to their NFTs.

Landlord GO

Landlord GO is a mobile game that centers around property trading. It gives players the chance to try their hand at real estate management using real-life properties found around the world. With the addition of Reality NFTs, players can purchase any type of virtual property, from iconic landmarks and houses to coffee shops and even streets. Each of the types can be grouped into collections. The more properties from the same collection a player acquires, the more bonuses they receive. Players can also level up their buildings to earn more money. 

Landlord GO was created by Reality Games, which is also responsible for Reality Metaverse. The game now has more than 6 million players who utilize Reality NFTs for gameplay. Beyond that, the game has been downloaded more than 21 million times. It stands apart from other seemingly comparable games by using real-life data about its properties and landmarks.

What Does Reality Metaverse Aim to Achieve?

With Reality NFTs, Reality Metaverse allows users to experience the world's most iconic locations as never before. This innovative platform takes the concept of tokenization to new heights by transforming famous landmarks into unique and valuable NFTs. 

Whether you're a collector, adventurer or simply looking for a new way to explore the world, Reality Metaverse offers a thrilling opportunity to own a piece of history and stand out from the crowd. Additionally, it supports the convergence of the Web 2.0 and web3 spaces, while also encouraging the continued development of creative works.

How Does Reality Metaverse Work?

To get started, you need to first establish an account in the Reality Metaverse website and connect your MetaMask wallet. You may then choose to link your account with various social media accounts to share updates with others. 

Once that’s done, you can proceed to purchase NFTs that represent various properties for gameplay. You can trade (and, in Landlord GO, even fight for) different NFTs as you build your empire. Earn rent to further increase your in-game clout. 

Features of Reality Metaverse

Reality Metaverse is appropriately named, since it connects the metaverse to the real world using metaverse technology. It’s uniquely designed to function as this bridge through several features. 

Reality NFTs

As mentioned, Reality NFTs are used in the Landlord GO trading game to support the entertainment of Web 2.0 players. Going forward, the NFTs will be compatible for use in other web3 games within the Reality Metaverse ecosystem. 

While the first collection has 2,000 NFTs, Reality Metaverse is working on launching more collections in the near future. Depending on the demand, the collections will be released on a monthly basis. 

In order to make these NFTs more affordable for the public to own, Reality Metaverse has decided to separate them into a predetermined number of shares, known as fractional NFTs. The number of shares is based on the popularity of the landmark in real life. Separating NFTs into fractional ones ensures that the floor price remains affordable for players, which will in turn raise the trading volume and NFT liquidity.

Royalties Pool

Each NFT contributor is the true owner of their digital asset and can receive royalties. All of the Web 2.0 income generated through Landlord GO gameplay is allocated to a royalties pool. NFT owners collectively receive 30% of this income. The NFTs can also be rented, sold at auction and used in other ways. Contributors earn 20% of the associated fees for these activities. The same royalty structure will apply to future games that the NFTs are compatible with.

NFT Marketplace

Reality Metaverse’s NFT marketplace is where NFTs can be sold and traded by users. These transactions are usually completed using RLTM tokens as the default payment method, but USDC and other tokens may be used as well. Completing transactions with RLTM tokens, however, qualifies the user for a sizable discount. 

To facilitate ease of use, the marketplace has filters to sort by completed auctions, collections, live auctions, price and other factors. By comparing these data points with additional data from the leaderboards, users can better determine a fair price to pay or bid for an NFT.

NFT Card

Each NFT created in the Reality Metaverse has an NFT Card that holds vital information about the digital asset, such as royalty revenue generated, stats from in-game use of the NFT, auction details and royalty revenue generated to date. Going forward, community governance is expected to result in more information being added to the NFT Cards.

NFT Leaderboards

Landlord GO players can check the NFT Leaderboards to monitor game performance. Users can compare their performance against other users’. Leaderboard rankings are available for the most profitable NFTs, most valuable NFTs, total value of each user’s NFT collection, most popular NFTs and other categories. In addition to supporting users, the NFT Leaderboards are used to create special events and tournaments, which further increases user engagement.

Reality Metaverse Road Map

In the first quarter of 2022, Reality Metaverse published its white paper and the initial version of the NFT Explorer was launched. This was followed a few months later by a token generation event, the production of the NFTs and the establishment of an NFT marketplace. Over the next several months through the end of 2022, the NFT Leaderboards were established and additional NFTs and 3D models were created. 

In early 2023, Reality Metaverse raised capital through crowdfunding, a public sale and a private round. In addition, their native token, RLTM, became available on popular exchanges. Looking forward, the Reality Metaverse will continue to develop more 3D models and NFTs. There also will be NFT upgrades, a chat room, a community feed, an NFT owners’ club and the introduction of additional games that are compatible with the NFTs.

RLTM Tokenomics

RLTM’s purpose is to support all in-game transactions, such as trading NFTs. It’s also used for community governance, in auctions and to pay royalties to contributors in Landlord GO. Additional games that are in development will also use RLTM tokens. This means that there will always be a demand for RLTM.

RLTM is a deflationary ERC-20 token. The total supply is 1 billion tokens. The allocation accounts for 17% to creators and advisors, 13% to company reserves, 13.5% to marketing, 2% to launchpad, 6% each to ecosystem development, strategic partnership pool and public sales, 8% each to private and seed sales, 10% for liquidity and 10.5% to future development.

Is RLTM a Good Investment?

As the utility token of Reality Metaverse, RLTM serves key functions for Landlord GO and will be equally important for future games. More than that, it plays a role in community governance. The token’s utility will continue to evolve going forward as new games get introduced into the ecosystem. RLTM can be traded on select exchanges by contributors who receive royalty payments in RLTM. Because of the projected growth of Reality Metaverse, it may be a smart long-term investment. As always, you should still do your own research before investing.

Participating in Bybit Web3 IDO

Interested in getting your hands on RLTM tokens? Look no further, as you can do so with Bybit Web3 IDO. Reality Metaverse is the latest promising project to grace the platform, and you can participate in its IDO by first signing up for a Bybit account. Then, proceed to create your Bybit Wallet and fund it with at least 300 USDC.

If you don’t have USDC tokens, no worries — you can purchase them through Bybit or ApeX Pro. Keep in mind that the RLTM token is on the Ethereum chain, so be sure to select Ethereum (ERC-20) when transferring your USDC to your Bybit Spot Account or ApeX Pro Account after the purchase.

Once your account has been funded, navigate to the official Reality Metaverse IDO page on the Bybit Web3 IDO portal and click on Register IDO. A snapshot period will determine if you’ve met the requirements as stated in the terms and conditions on the IDO project’s page. 

Once your registration is successful, you’ll receive a serial number that acts as your golden ticket to enter the lucky draw, where 200 winners will be randomly chosen with smart contract codes. Keep an eye out for the official Bybit Web3 Twitter page for the full list of winners. If you're one of the lucky ones, you may head over to the Bybit Web3 portal and reveal your ticket with just one click. 

The Bottom Line

While Reality Metaverse has a short history, it’s already made a sizable impact with exciting gameplay for users and royalty generation for contributors. With more games and enhanced functionality planned for the future, Reality Metaverse is poised to create even stronger connections between Web 2.0 and web3.

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