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RobotEra now has has sold over 4.3 million TARO (its native token) in its ongoing presale, launched just a week ago. The Ethereum-based platform is developing a Sandbox-like Metaverse, where players can participate in the creation of NFT-based terrain, structures, and in-game items, while creating new metaverses and connecting with other NFT communities.
The rapid progress of RobotEra’s token presale raises high hopes for the platform and its native token, which It could potentially post significant gains when it gets listed on cryptocurrency exchanges later this year. And with venture capital backing from LBANK Labs already secured, it won’t be long before it starts getting quotes.
This Metaverse Project Is Exciting Investors: The Next 20x Cryptocurrency?
In development since early 2022, the alpha version of RobotEra’s highly anticipated Metaverse it is expected to go into operation at the end of the first quarter of 2023. This gives the platform a few more months to complete its presale, which will take place in three stages.
Early investors can participate in this sale by visiting the RobotEra website. From there, they just need to access their cryptocurrency wallet Connect wallet Where is it MetaMask and’buy TARO using ETH or USDT.
As the sale is only in its first stage, the price of a TARO is fixed at 0.02 USDT. However, this price will increase to $0.025T during the second phase, therefore $0.032 during the third phase, which means that the price of TARO will have jumped by 60%even before the quotations on the markets.
Each of the three phases of the sale will sell 90 million TARO each, with the combined total of 270 million TARO representing 15% of its maximum total supply of 1.5 billion. Conversely, the largest shares will go to RobotEra’s DAO-based treasury (33%) and to the rewards played to earn, which it will reserve for its players (25%).
The RobotEra metaverse
The main reason why RobotEra was able to sell more than 4.3 million TARO so quickly is that it presented a very attractive ecosystem with interesting game features. Its Metaverse will allow players to embody robots, who will have the task of managing their land based on NFT technology. and to create the different elements of the RobotEra virtual world.
RobotEra will allow players to acquire digital assets in the game world, create new robots, pursue various missions and participate in events such as virtual concerts. The game will also reward them in TARO as they play, as nearly all items in the game will be tradable.
According to its white paper, RobotEra will also allow players to do this build “a new metaverse with other NFT communities” by allowing them to incorporate “NFTs of other communitiesThis means that its ecosystem and platform will eventually create an interoperable multiverse where NFTs from multiple platforms can be traded interchangeably.
The RobotEra team expects the presale to close by the end of the year, when D2T will be listed on the exchanges. Given that it has already received funding from LBANK Labs (which could be 2% of TARO’s total supply, i.e. 1.8 billion), there is a good chance that the LBANK exchange is one of the first exchanges to list D2T.
As for the usefulness of TARO, players can use it to trade goods and in-game items whilea staking feature will eventually allow holders to earn more TARO by simply pinning them.
In other words, TARO has a fundamental use case. Therefore, it should see growing demand and rising price over time, assuming RobotEra becomes a popular and successful gaming platform.
This will be no mean feat, as blockchain-based gaming is already dominated by platforms like The Sandbox, Decentraland, and Axie Infinity. However, with decent fundamentals and a clear track record, RobotEra has every chance to make a real place for itself in the cryptocurrency ecosystem.
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