LunaOne is the name of a new project preparing itself to land in the crowded market of the metaverse industry. As many analysts know, there is a strict link between the metaverse and the blockchain world, which is why LunaOne will soon launch a cryptocurrency.
XLN, as labeled by the team, will initially run on the Binance Smart Chain (BSC) system. In a second moment, the developers will release a proprietary blockchain system.
Let us recap in this quick overview all the relevant details of LunaOne’s strategy in the following sections.
True Decentralization of a Network
Token holders will influence the platform’s progress through an internal voting mechanism. Additional services, including voice services, texts exchanges, and data transfers, will be decentralized by LunaOne.
Since communication is the glue that holds a community together, the metaverse team feels that it is an essential element. An online and offline communication plan is being worked on right now.
The developers propose that a DFS (or “decentralized file storage system”) takes care of enhancing the platform’s decentralization.
Experimenting with Hyper-Reality
LunaOne makes it possible to follow a person’s face in real-time. Tracking and haptic suits and gloves will also be included in the outfit.
According to the project’s founders, users will be able to experience the virtual world through direct touch with their skin.
The project’s participants are working with virtual and augmented reality companies to develop wearable technologies. Interested persons can engage in the metaverse and form their own opinions about the project by acquiring a LunaOne-branded kit.
An Avatar’s Decentralized Life on LunaOne
LunaOne’s districts make it possible for customers to acquire virtual property. NFTs are, by their very nature, unique, and the team is reliant on this feature for metaverse-wide customization.
In addition to traveling on vacation, those who purchase real estate have the opportunity to welcome guests to their new homes. Customers don’t have to rely on a third party to get them into concerts and conferences when utilizing LunaOne.
Including Mainstream Accessibility
LunaOne will run on a wide range of gaming and VR/AR platforms, whereas current VR/AR systems can only run on a few devices. To join the LunaOne community, you don’t need to be on one of the most popular gaming platforms. LunaOne may one day be compatible with mobile devices.
Hundreds of thousands of people use Steam, Xbox Live, and PlayStation Network every month. As a result of this structure, the team’s aim becomes clear: widespread adoption.
LunaOne – Our Conclusions
Users of this new platform will be able to have a voice in how the Metaverse evolves thanks to the native XLN token, which is already available for early investors on LunaOne’s website. According to the project’s website, former Fortune 500 executives are among LunaOne’s top executives.
Allowing gamers to watch sporting events and other live performances from home comfort is a benefit of adding live events to the platform.
