Cardalonia AMA recap On Cardano Daily + Staking Update
Hello Cardalonians? 😎 (That’s a cool name by the way).
As we progress with our ambitious quest to build the biggest community centric metaverse project on Cardano, we have a few updates to make.
For those who are just joining our project for the first time, we had an AMA on Cardano daily on the 20th of May 2022.
Here are some excerpts from the AMA on the highly rated Cardano platform.
“Cryptodaily Admin: Also, please elaborate on the reasons behind changing from a “Gridded Creator Centric Ecosystem” to the Cardalonia like today
Vasil Air: There is a misconception about Bear markets, “It’s the worst time to launch a project”. On the Contrary, we do believe that it’s actually the best time to launch. Metaverse is a big topic these days and Cardano needs more of interactive Play to earn games that would increase the utility & TVL of ADA. Our main mission & expectation is to build what people would love to use and interact with. We are taking a new approach to decentralization as the whole utility of Cardalonia is centered around the $LONIA Token. $LONIA Token holders can stake their tokens already to earn rewards with APYs as high as 20%
And yes, Cardalonia will start out as 100,000 Parcels of land that will be owned by creators. Land owners can now choose to build on, customize and personalize their lands Essentially we are in the very early stages”
Cardalonia Flexible Staking Vault is already live and over 2,500,000 $LONIA tokens have been staked as at the time of writing this blog post.
What is Flexible Staking?
It’s a novel staking method developed by Cardalonia development team where you can stake your tokens without them ever leaving your wallet.
Your stake is activated after each snapshot which occurs every 6 Epochs (30 Days)
Staking your $LONIA tokens in the vault gives you other added benefits like the $LONIA proof of stake leaderboard where the top stakers are displayed according to the amount of $LONIA tokens staked.
We also Integrated ADA handle Addresses into the vault and we will be giving further utility to the stake addresses as they would be able to create and customize their Cardalonia NFT Avatars in the Coming months.
Cardalonia is an exciting metaverse where you are free to create NFTs and earn from your efforts and commitment. Here are some of the things that make Cardano different from other metaverses:
- Immersive & Captivating Experiences: All actors within the Cardalonia metaverse will enjoy immersive and captivating experiences. Players will be able to interact with each other and their virtual characters. Players will also enjoy human-like experiences.
- Decentralization: Cardalonia is highly decentralized. All assets in the game are represented by NFTs. This means you can buy, sell, or trade assets for monetary gains.
- Governance: Cardalonia will evolve into a DAO where decisions about the future of the project are decided. Only token holders will have a chance to participate in the governance decision process.
- Land: To enjoy playing Cardalonia, you must first purchase land using your $Lonia token. As a landowner, you can freely deploy your Avatar and assets to the land.
How To Buy $LONIA Token
Here are the token stats:
- 1 ADA = 13 $LONIA Tokens
- Sales duration= 6 Epochs
- Seed sales allocation: 15,000,000 tokens
- Minimum buy: 250 ADA
Cardalonia is a virtual world where players can build, own and customize their own experiences on the Cardano Blockchain. We are on a mission to creating an entirely new Metaverse experience on the Cardano Blockchain.