Why is Everdome (DOME) crypto gaining attention?

June 01, 2022 04:49 AM AEST | By Versha Jain
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  • Everdome is a metaverse of the Metahero ecosystem.
  • On May 29, Everdome announced having Alfa Romeo F1 Team ORLEN as its sports partner. 
  • Everdome (DOME) crypto started its first land auction on its Metaverse on May 30. 

The Everdome (DOME) crypto has grabbed attention as land auctions on its metaverse continue to build its price momentum. The auctions started at 6:00 am ET on Monday. 

The OKX crypto exchange, a leading partner of Everdome, has bought substantial land in Everdome’s metaverse on Monday, marking its foray into the virtual-reality space. 

OKX plans to design interactive fan experiences with its brand partners, including McLaren and Manchester City Football Club, for Everdome’s metaverse visitors.

Visitors could learn about cryptos and the Web3 ecosystem in interesting, interactive ways in the Everdome metaverse. OKX also announced distributing five land plots to fans to celebrate its foray into the metaverse.

Also Read: Why is Orchid (OXT) crypto rising in a crashing market?

On May 29, Everdome announced its partnership with Alfa Romeo F1 Team ORLEN. The F1 team has acquired one of the biggest plots in the Sports & Entertainment district of Everdome’s metaverse. 

However, surprisingly, the token traded lower on Tuesday. It plunged 6.49% to US$0.0254 at 12:31 pm ET. Contrarily, the global crypto market rose more than 3.5% to US$1.32 trillion around the same time.

Also Read: Will Fableborne Game launch stop Avalanche (AVAX) crypto’s slide?

What Is Everdome (DOME)?

The Everdome metaverse is a part of the Metahero ecosystem. The real-world scanned objects and quality graphics give it a realistic feel. Everdome aims to create a web3 experience with hyper-realistic graphics for users to match the real-world feel.

Everdome aims to capitalize on the metaverse trend by offering real-life experiences for gaming, business transactions, social interaction, etc.

Robert Gryn, the youngest entrepreneur in Poland to make it to the Forbes Top 100 list, had founded Everdome to accelerate the adoption of blockchain technology.

The project team has around 25 members with diverse experience across sectors such as blockchain, coding, tech startups, and music and entertainment. 

Also Read: Why Celsius (CEL) crypto plunged to its lowest level since Sep 2020?

Why is Everdome (DOME) crypto gaining attention?Data Source: coinmarketcap.com

Also Read: Did Legend X hackathon trigger Aelf (ELF) crypto rally on Friday?

DOME token:

Its current market capitalization is US$145.27 million. The token’s trading volume fell 25.01% in the last 24 hours. The token has a self-reported circulating supply of 5.71 billion and a total supply of 100 billion.

Also Read: Why XCAD Network (XCAD) token's trading volume surged over 100%?

Bottom line:

One can purchase the Dome token from exchanges such as OKX, Gate.io, BKEX, Bybit, CoinTiger, etc. However, investors should exercise caution while investing in the unregulated crypto market.

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