Vincenzo Network (VZN) strives to be the world’s leading provider of immersive metaverse experiences in the retail, media, gaming, and incentives sectors. And today, it has made its token available for its users.
The Vincenzo Network’s Utility Token
The native currency in the world of Vicenzo is the Vincenzo Network Token or the $VZN for short. The network developers built it on a Metaverse that is based on a virtual blockchain. With this, they have set the token in a space where other players can trade with it. The $VZN will also serve as the utility token for the network and its marketplace.
The network has pre-minted the $VZN tokens. Moreover, they have also set in advance the total number of tokens. The VZN BEP-20 Token is essential for the network as it will be the primary source of revenue for the network, especially during the early periods of the project.
Anyone interested in the token can earn them as the network developers want their token to be open to everyone. Its initial trading price is $0.06 on CoinGecko. If traders wish to buy or sell a property or real estate on the platform, they will have to use or transact with the $VZN.
In acquiring $VZN, consumers or those belonging to the Vincenzo Network would need to go to the VZN Marketplace. Users will be able to customize both real estate and avatars in the marketplace. The marketplace offers these customizable services using the tokens. Furthermore, they can reach the marketplace through an NFT device.
Another feature traders will gain access to once they own a VZN is its governance model. The Governance Council will include real estate NFT holders in their group. Token holders will use DAO to vote for each NFT. Members will submit their proposals to the DAO. And then through the DAO, NFT holders will vote. As accustomed, the majority vote decides the outcome.
What’s Next for Vincenzo Network?
After its successful token launch today, the Vincenzo Network together with its community will be looking forward to many other project launches. Next on their timeline will be the launch of their Airdrop platform and Airdrop distribution.
In addition, the team wants to be able to finalize the general plan and navigation map of the Vincenzo Network. And lastly, the team wants to make available an Indoor and Outdoor Display Ads Tool. They target to complete all these in this year’s first quarter.
For the second quarter of 2022, they are targeting to develop the platform’s NFT marketplace, develop a system for their community’s incentives, and also their token holder’s incentives. The last thing they hope to accomplish by the 2nd quarter of the year is to be able to integrate VR technology on their platform.