There was a stir in the Cadalabs community when Cadalabs project developers began their first website upgrade, thankfully the website was successfully concluded yesterday which the members applauded the team for their relentless effort towards the growth of Cadalab Ecosystem.
The team made it clear to its users that the project has a lot of upcoming events including metaverse integration, NFT marketplace, and launching its Decentralized Exchange where users can swap their CALA tokens for other Cardano tokens.
CADALAB is a community-driven NFT DeFi platform building an NFT Minting Dapp on the Cardano Network to enable digital artwork collectors to mint their works as NFTs and connect them to sellers to trade seamlessly in the future. CADALAB team developed its utility token dubbed $CALA Token, which enables the community to take part in governance issues.
Besides, by holding the CALA token, users can moderate creators, vote on proposals, stake their tokens to earn and curate featured artwork. CADALAB protocol seeks to further venture into the non-fungible token industry and in the process help digital content creators and artists.
CADALAB virtual land
Cadalab allocated 2000 plots of land for sale, as well as Cadalab innovative metaverse means that, in addition to being able to build and landscape your plot of land in virtual reality, your plot also grants you other utilities including governance rights and the ability to commercialize your plot.
What’s more, landowners will be rewarded a share of ALL revenue generated from the Cadalab Marketplace. This forms part of the Cadalab “play to earn” initiative, which provides landowners with an interactive role in the ecosystem.
Cadaland will be sold to early buyers at 300 ADA for each plot. Cadaland owners can mint their items and receive their NFT’s to their wallets. Cadalab Virtual as well comes with many more bonus items to be used within the metaverse.
Purchase CADALAB virtual lands here.
CALA token third phase sale is still ongoing for interested investors who which to participate in CALA tokens presale who exercise.
Purchase CALA tokens here.
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