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Highlights
- XANA (XETA) is an Ethereum sidechain custom-built for its metaverse.
- XANA is not yet listed on cryptocurrency aggregators like coinmarketcap.
- XETA is its native token used in metaverse functioning.
With the growing craze for metaverse, new projects are popping up at regular intervals. The XANA crypto, an Ethereum sidechain custom-built for metaverse, is gaining attention. It claims that its fast, low-cost custom sidechain is exclusively built for the metaverse.
The sidechain is claimed to be compatible with popular wallets and bridged with major blockchains to augment mass adoption. XANA is built on its own custom-built layer-2. The metaverse has its own blockchain, NFTs, avatars, and an NFT marketplace called XENALIA.
The metaverse is operated on a custom sidechain, with a superior block size design and delegated Proof of Stake (PoS) validation. Its ecosystem includes avatars, land, and intellectual property (IP). With the built-in avatars, one can don an avatar of one's liking. XANA offers customization to create exclusive avatars for users. These NFTs can further be monetized.
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XANA offers 150,000 virtual lands with verifiable ownership, which one can trade with other users. These plots are tradable NFTs which can be freely sold or leased to other users.
Its metaverse project works with several global brands to offer a new metaverse experience. XANA has partnered with Top Anime, Fuji Group, etc.
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XANA (XETA) is not yet listed on cryptocurrency aggregators like Coinmarketcap or CoinGecko. Its roadmap for Q2, 2022, includes XANA whitelist close, partnerships, co-drop announcements, initial NFT drop, OpenSea listing, and GameFi Alpha.
Its GameFi is titled NFTDuel, an NFT-based trading card game. NFTDuel is built on XANA metaverse that turns the popular IPs into NFT playing cards and allows players to use anime characters for playing in the game.
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XANA has received regional government approval for NFTDuel GameFi in Japan. In February, Governor Hirari, the head of Japan's National Governor's Association, announced Tottori Prefecture as the first collaboration partner for XANA’s Astro boy Japan NFT. Astro boy is a renowned Manga series written and illustrated by Osamu Tezuka.
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XETA Token:
XETA is its native token used in metaverse functioning. The token has a total supply of 1 billion XETAs. According to its website, it is bridged with Ethereum, BSC, Polygon and Terra chains. The XANA blockchain can integrate any digital asset onto its metaverse and vice versa.
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Bottom line:
Although the project's sidechain, metaverse, anime characters, and NFTs are grabbing attention, users must be careful while investing in the crypto space as the market is highly volatile.
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