Aftermath Islands just announced on Twitter they have raised $25 million from LDA Capital through the sale of in-game utility tokens for its metaverse project. Aftermath Islands plans to use the new funds to scale its ecosystem, support the growth of its non-fungible tokens (NFTs), work on its digital identity, multi-chain initiatives, and play-to-earn games.
Aftermath Islands Metaverse is being built as an “open-world, realistic graphics platform with islands that represent destinations in a global virtual game”. In Aftermath Islands Metaverse’s virtual world, users will be able to buy, develop, trade and sell virtual land, property and items, like buildings, crafted items, transport and other items all through in-game collectible NFTs.
Each plot of virtual land will be unique and owners will get to choose, based on themes and other fair play rules, what content they want to publish on their virtual land. This can range from simple scenery and structures to an interactive game, business, warehouse, dwelling, facility or destination.
Users will be able to purchase virtual land as well as all other goods and services in Aftermath Islands Metaverse with fiat and other authorized currencies, coins and tokens. Additionally, in the future, users will be able to use $DUBS, short for Doubloons the Aftermath Islands Metaverse in-game currency.
