Socialogue, a social NFT marketplace is excited to announce its moving to the metaverse and launch of its token, SLG.
According to the announcement, the Socialogue development team has created a private metaverse a one-stop solution that will allow users to display, sell, buy and display art. The metaverse will reportedly create a social environment, a new ecosystem within which users will be able to earn while spending their time on the platform. Users will be able to earn additional income by engaging in staking, promotions, and tips. In addition, users will be allowed to create the infrastructure of the metaverse and sell it as NFT.
Commenting on the metaverse, Mindaugas Cerneckis, the CEO of Socialogue explained:
“Our vision of the Metaverse has always been to build it around the needs of our community. Having a Private Metaverse Space where they could build their own galleries to showcase and sell their art – is a ground-breaking benefit that our users can take advantage of to increase their brand exposure.”
The private metaverse is a fully customizable digital space that will reportedly be available to all users. All artists, collectors, and resellers will be able to display and sell their NFT collections in their Private Metaverse.
Notably, as a part of the Private metaverse, the Socialogue team treats its founding senators with metaverse offices. The offices are designed as virtual spaces for Socialoguer NFT holders allowing them to host meetings, hang out with friends and display or sell their NFT art. These metaverse offices were created as part of the considerations on how to increase Socialoguers’ NFT utility while maximizing benefits to the holders.
In addition to the metaverse, the Socialogue team decided to take the next step by developing their native token, the SLG token. The token serves as a tool to fulfill all current and upcoming functionalities on the platform. SLG holder can use their tokens to purchase items on the Socialogue marketplace, get tips from others, send tips to content creators, and get rewards on transactions. The token will also be used for rewards affiliated with Solcialogues’s marketing system, staking, and in Socialogues metaverse.
To launch the token, Sociallogue will be holding two main sales rounds, a private sale, and a public sale. The private sale or seed round has already begun and will see early adopters grab their share of the 16% of the tokens.