TOKAU announced that they will launch a metaverse where the users can monetize their living and social experiences.

The company aims to build MetaCity, its first metaverse project, as a decentralized place where residents can take ownership. MetaCity has 150,000 Lands which will be open for sale in January. A Land is a digital piece of real-estate in TOKAU’s metaverse.

TOKAU said that although the MetaCity page will be ready for selling the Land, many functions can only be available on January 26, 2022. One Land will be saved for TOKAU NFT holders and they will share permanent ownership of the Land. Dennis Tok, CEO of TOKAU said:

“We believe that in the metaverse, rich content NFT will be an important component. By rich content, I mean here are creative content, consumable content, dissemination of content, the production of content, commentary on the content, rental content, stake content, etc. NFT will be the main real asset in the future virtual world.”

MetaCity is a virtual world GameFi where the users can interact with celebrities and can get rewarded with TOKAU tokens. In MetaCity, users can stake TOKAU tokens to get Ore NFT, the main carrier of value in MetaCity. Ore NFT can be applied into different scenarios in MetaCity. TOKAU NFT holders and TOKAU token holders will enjoy the privilege of entering MetaCity, where regular Airdropping Events will take place.

The blockchain company is in collaboration with many celebrities, including Hip Hop stars Snoop Dogg, Russell Simmons, NBA super star Allen Iverson, and actor Ian Somerhalder.