Venly and VR JAM Partner to Reveal Hybrid Live Events Solutions

VRJAM and Venly partner to reveal hybrid live events solutions and digital realestate sale using revolutionary new NFT technology!

London, Thursday 15th June 2023 - Immersive technology pioneers VRJAM today announce the integration of the Venly Wallet to the VRJAM Platform and, in parallel, the release of ‘VRJAM Venues’ a groundbreaking new NFT technology solution for the creation, valuation and trading of virtual real estate in the metaverse.

VRJAM Venues is a virtual live events and venue development platform that empowers anyone who owns a building in a game or on any metaverse platform to ‘clone’ their building on the VRJAM platform and then use it in ways that have not been possible until now.

Once cloned, virtual venues can be activated at real-life events such as conference and trade shows or used to engage communities through magical digital events and experiences that happen in VR.

These features pair with a cutting-edge DeFi solution called ‘Venue Staking’ that empowers venue owners to raise finance for, and then commoditize their cloned venues using fractional shares of ownership called ‘Location NFT’s’ that can be bought and sold using the VRJAM’s NFT Emporium and also on Venly’s own NFT Marketplace.

The Location NFTs that are rendered in connection with a digital building in a game or metaverse platform represent the ownership and the market-value of the building for which they have been published. They can be bought, sold and traded using the Venly Marketplace or using VRJAM’s own native virtual real estate trading exchange.

Holders of Location NFTs even get access to VRJAM’s P2E rewards program and NFT staking solution, empowering them to access exciting new business opportunities from holding and trading virtual real estate.

This means that cloned venues from other games and platforms become live event spaces (with all VRJAM’s unique features) that empower property developers to use their virtual real estate to create live events and engage their communities in ways that just aren't possible in other games and platforms.

In the weeks ahead an array of exciting real estate investment opportunities will become available through the Venly Marketplace from some of the world’s leading web3 games, investments are available in the VRJAM Coin cryptocurrency, head to www.bitmart.com to grab your $VRJAM today.

“We’ve been working toward this moment for 4 long years and it's finally here! We’re beyond excited to finally reveal VRJAM Venues and continue to revolutionize the way business is done in for a web3 world. The first iteration of VRJAM Venues goes live this Thursday, but this is only the beginning. We have an array of remarkable new features that will help deepen the effectiveness of the VRJAM Venues DeFi solution due for release in the weeks and months ahead, and we’re looking forward to unveiling these as we take the VRJAM Venues real-estate exchange to the world”- Sam Speaight, CEO, VRJAM

Type: Polygon minted with $USDT80 in $VRJAM
Standard: ERC 1155
Mint Volume: 40x (super -rare)
Mint value: $3200 / $80 per NFT
Mint currency: $VRJAM
Floor price: $40 per NFT
Utility: In world perks, NFT Staking (coming soon), Melting (coming soon) buy, sell, trade
Available at: Venly (https://venly.market)VRJAM (https://vrjam.net/nft-listings)

Holders of W3Guild Location NFT’s will even gain access to VRJAM’s play-to-earn rewards program and NFT staking solutions (coming soon), meaning that the holders of these super-rare NFT’s unlock a valuable opportunity for revenue creation just by attending live events in the metaverse. Holders will also receive an invitation to the official launch event on Gamescom (and in VR) in August this year.

1. Create your VRJAM account: https://vrjam.net/signup (NOTE: We’ll contact you via the email address you use to create your account)
2. Connect your Venly or Metamask wallet.
3. Join the W3 Guild bit.ly/JointheW3Guild

By joining the whitelist you’ll get priority access to the NFT sale 24 hours before the general public sale begins. There are only 40x NFTs available in this collection