The protocol’s native $TARO token surged a week after launching its No-Loss NFT Lottery feature.
Bullish Start for New Phase
Taroverse launched its phase two metaverse on Aug. 17, combining innovative features for users in the Non-Fungible Token (NFT) and GameFi space.
The new metaverse comprises UI improvements, Swapping, and LP Staking, including its No-Loss NFT Lottery. It allows users to buy tickets with the native $TARO token to qualify and earn NFTs. Most importantly, users who do not win are refunded by the platform.
The community embraced the NFT lottery, purchasing all tickets in 30 minutes while also positively affecting the price of $TARO. As seen in the protocol’s tweet, $TARO went up by 25% one week after launching the feature.
Meanwhile, the protocol’s proposed NFT ecosystem is now live, comprising NFT staking and NFT marketplace. Taroverse CEO Sid told BSC News about the introduction on Aug. 23.
“We are releasing our NFT ecosystem today, so users will be able to earn via NFTs also,” Sid said.
The CEO also published a thread to break down everything that Taroverse has introduced in the new phase. In the meantime, the protocol plans to enact a big weekly burn shortly. BSC News will keep following the project’s development on BNB Chain.
What Is Taroverse:
Taroverse is a PlayAndEarn metaverse that is cross-chain and cross-platform. It has multiple games built on it that users can access through an open-world island. The goal of the Taroverse team is to bring high-quality gaming and social experiences through fun and interactive mediums while making some passive income. Tarogotchi, Taro Gem Quest, Monster Bash, and Tactics Royale are the current game modes planned to be built on its open-world metaverse.
Where to find Taroverse:
Source : bsc.news
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