Terra Virtua Eyes ‘Winner Take Most’ in 2021’s Red-Hot NFT Market

Published on March 22, 2021

Since 2020, Terra Virtua has been changing the way that we see digital collectibles, or non-fungible tokens (NFTs). The platform has formed itself on creating social connections and building a strong community through the content it provides. As the company moves forward in 2021, it aims on bringing new content from some of entertainment’s biggest names, and growth for itself as a leader in NFT collecting.

What Is Terra Virtua?

While it launched officially in 2020, Terra Virtua first came to life in 2017 thanks to co-founders Gary Bracey and Jawad Ashraf, who serve as CEO and CTO respectively. It takes virtual reality, augmented reality and 3D entertainment to create a new way for users to step away from actual reality and allow them to experience entertainment and NFTs in a new way. In its own words, Terra Virtua is a fully immersive, blockchain-driven, VR entertainment experience.

During its launch, Bracey told CHIPIN that he had yet to see virtual reality break through to mainstream media.

“I have been involved in producing and developing video games for over 35 years and the industry has been talking about VR for 25 of those years. In all that time, nobody has cracked VR with a mainstream product. This is partly because the hardware has historically been difficult to set up, but mostly because the experience isn’t as good as regular 2D games,” he said. “The gameplay is not as varied, it’s not as easy to play with your friends and it doesn’t offer enough to come back for more. We are going to change this with Terra Virtua, by offering an entirely new type of entertainment platform.”

Bracey added that the platform provides a “fantastic opportunity for those looking to contribute to the evolution of the platform, as well as those looking to market their digital products and services to a global audience in a global financial ecosystem.”

What It Offers

Terra Virtua includes its own marketplace for users to buy, sell, trade and auction off different kinds of NFTs from life sized Jaegers from Pacific Rim The Uprising to art by world-famous fine artist Tim Cantor. Terra Virtua also gives every member a place for them to store their NFTs, known as the Fancave.

In each personal Fancave, users have the chance to customize and personalize their space to make it their own. They can display their NFTs in many different settings such as walls for art, shelves for smaller collectible or podiums for the bigger items.

If they have larger, more life-sized items that they cannot fit in their Fancave, users can visit the Terra Virtua Terradome and place them there. They can also look at other large NFTs that others have collected as well.

If users feel like becoming somewhat of a digital art connoisseur, they can visit the Terra Art Gallery. The gallery displays all kinds of digital art works, ranging from minimalist to extravagant; people can “walk through” and discover what it has to offer, and even buy some of the pieces to display in their Fancaves.

More Than Just A One Hit Wonder

In 2019, Terra Virtua announced that it launched a collaborative effort with some of the entertainment industry’s most well-known companies to allow some of their brands onto the platform. Paramount Pictures and Legendary Entertainment agreed to license popular media titles such as The Godfather, Pacific Rim, Top Gun and the Netflix series Lost In Space. Fans can collect items like Top Gun helmets, Godfather slogan posters and much more.

In addition, Terra Virtua will launch a new line of NFTs later this month with the launch of Godzilla Vs. Kong; right now, fans can purchase special edition, 2D posters based on the film for $25 each in the marketplace.

Introducing Terra Virtua Kolect

With the continuing success of Terra Virtua, the company decided to rev things up a bit in December 2020. It announced the launch of its very own cryptocurrency known as Terra Virtua Kolect, or TVK.

These tokens give members a variety of perks and rewards. If you have a certain amount of TVK in your possession, you will be able to join the Terra Virtua Prestige Program. In this program, members have the ability to vote on what NFTs they want to see in the marketplace and attend exclusive preview events for selected releases; they can also receive monthly drops of brand new, free NFTs, as well as free TVK, and much more.

TVK can also be deposited and traded over several exchange sites like Binance, Bitmax and Bilaxy. By listing on these sites, Bracey said that it validates what Terra Virtua can truly bring to this kind of platform as “TVK is now available for everyone.”

The most rewarding part about using Terra Virtua is that you don’t have to be a cryptocurrency whiz or NFT expert to take part in what the company has to offer. All you need to be is a fan of what they provide, and the team can do the rest for you. And as the world continues to shift into a more digital age, Terra Virtua will continue to provide more growth to its platform and take NFT collecting to a whole new level.

Lexi Jones is an award-winning journalist and Staff Writer at Grit Daily. Based in Las Vegas, she covers startup brands in entertainment, internet and LGBTQ+ startup news. She is also an editor of Grit Daily's "Top 100" entrepreneur lists.

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