Realy: Decentralized Street Culture and New Luxury NFT marketplace

Realy: Decentralized Street Culture and New Luxury NFT marketplace

REALY is described as a decentralized Street Culture and New Luxury NFT marketplace. REALY is intending to impact the Crypto NFT community and bring real-world assets on-chain by utilizing its substantial experience in New Luxury and Street Fashion.

REALY securely uploads products to the blockchain by embedding and binding NFC chips (encrypted with its proprietary algorithm) in fashion items, giving them a globally unique ID using NFT technology. On the one hand, that integration provides an authentication solution for luxury collectibles because each NFT represents a physical custodial object. On the one hand, it is creating an engaging Luxury-Crypto community, and on the other, it uses DeFi’s fresh features like lend-mining and liquidity mining to create an interactive Luxury-Crypto community.

Why should you invest in the NFT market?

Blockchain technology has finally burst out of the crypto world, thanks to CryptoPunks and Crypto Kitties, as well as a recent auction at Christie’s that resulted in a close to 70 million USD transaction for a masterpiece NFT manufactured by Beeple. Numerous artists, performers, luxury brands, sports tournaments, games, and other conventional players have entered the arena, assisting NFT in its expansion. In the same month, an NFT of Twitter CEO Jack Dorsey’s tweet was auctioned for 2.5 million dollars. These are only a few examples of the current fervor in the NFT industry. Even outside of the crypto industry, the NFT market has gotten a lot of interest, with stories in outlets like Reuters, New York Times, Nasdaq, Bloomberg, Fortune, and others.

What REALY brings to the NFT market?

Digital contents (such as images or movies) are given a unique on-chain ID (in an open and decentralized network) via NFT technology, allowing them to be sold and transferred without fear of tampering. Some NFTs use smart contract technology to provide real-world benefits to their owners, such as lifetime VIP services. There are 3 awesome functionalities that REALY integrates into the real-life fast-growing street fashion market:

  • REALY Solutions
  • REALY Apps
  • REALY Vault

The product designs

1. NFC (Near Field Communication) technology

Real is a product based on NFT technology that combines centralization and decentralization perfectly. REALY is using NFC chip technology to convert physical assets into a one-of-a-kind NFT, allowing non-crypto consumers to enter the crypto world without even realizing it.

2. A blend of decentralization and centralization, with minimal entry barriers for non-crypto users.

The NFTs are not limited only to cryptographic art. If FTs (homogeneous tokens) are the money of the digital world, then NFTs are the items. What’s more, the virtual world of the future is neither wholly virtual nor purely physical. It is going to be a continuous link and integration of physical and virtual goods. REALY, in a dispersed manner, is a centralized experience.

3. Purchase and sell. Any moment, any place

The platform’s transactions are almost free because REALY has used NFT technology for tangible assets. Users can use or buy REALY at any time and from any location, unlike traditional platforms or channels.

4. Collaboration with a variety so that there will be something for everyone.

REALY has announced official collaborations with the following artists and brands: Mars Space Station, Maccott Station, Revenge, Shine, Innersect.

All of the artists and businesses described above have previously covered a wide range of genres, including rock, hip-hop, pop, and even two-dimensional culture, and can practically reflect all current fashion tastes.

REALY’s Metaverse is the first Solana-based Metaverse project to combine “Metaverse virtual life + wearable tool NFT + pet NFT + 3A gaming screen + well-known IP cooperation.” Every user in the Realy Metaverse can breed pets, help build the Metaverse, interact with street fashion, and reap the benefits of the ecosystem. Aside from that, the user can enjoy fashion, architecture, virtual concerts, virtual plays, art exhibitions, and museums, among other things. Basically, the user can shape the whole ecosystem.

REALY Metaverse was created using Unreal Engine and in collaboration with Japanese developers to build a virtual Metaverse world with a screen similar to that of 3A games.

REALY Metaverse is focusing on street culture and will feature well-known names (such as fashion designers, graffiti artists, fashion toy designers, musicians, rappers, skateboard brands, and so on). REALY has a goal to combine Metaverse technology with NFT and that way to achieve a seamless blend of virtual and real worlds.

REALLY, Metaverse is planned to be a sky metropolis with architecture, nature, art, streets, stadiums, and other amenities. Users can immerse themselves in street culture and fulfill their wildest dreams. The REAL token will be the foundation of the system, allowing for all levels of cryptocurrency transactions.

Users will be able to get cryptocurrencies and enjoy street culture in the REALY Metaverse. REAL users will also be able to generate money by holding virtual events, renting real estate, sharing concert royalties, and participating in Metaverse, among other things. REALY Metaverse employs the industry-leading Unreal 3D authoring engine to produce real-time motion sensing that reflects concerts and events, allowing users to feel fully immersed.

REALLY creates a full Metaverse value chain

Starting with the core technology, REALY Metaverse has gradually constructed numerous upper-level applications. Simultaneously, it has established an eco-chain based on Metaverse values, guided by NFT assets.

The REALY Metaverse economic system is going to be based on a virtual asset economic system to extract various economic outputs and to construct an ecosystem relating to property rights, virtual real estate assets, and uniqueness in order to create a closed-loop ecology of its own Metaverse system.

Method of Discharge

The $REAL token is issued in the manner of a gradual inflationary release and is primarily used to reward various Metaverse activities and behaviors. The entire REALY WORLD archive is at the heart of releasing $REAL. The vault’s release speed is decided by the developers. However, at some point in the future, they will switch to the DAO format. Every day, the vault releases a specific amount of $REAL, with some of it released once the users complete their daily tasks. After completing the job, players will be able to earn the token. A portion of $REAL is injected into the DAO of the city. When the player constructs many cities, this will promote competition.

Link: https://realy.pro/

VIDEO: What is REAL token and how to buy it on Raydium Swap using Phantom wallet (REALY)

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