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After establishing its position as one of the leading blockchain technology providers, Venly is all-set to disrupt the metaverse. Known for its digital wallets and NFT products that seamlessly integrate with multiple blockchains, Venly has now launched MetaRing - a Polygon-based, limited-edition membership NFT that comes with a myriad of benefits.
Venly’s MetaRing NFT solves the dilemma for users, as it acts as a cross-metaverse access pass focused around utility. Owners of MetaRing can use it across multiple platforms to unlock platform-specific benefits and utilities like premium entry to privileged virtual properties, in-platform rewards and discounts, priority whitelistings, invites to free drops, and much more.
On the launch of the MetaRing, Stefan Colins, the Metaverse Partnerships Director of Venly, notes, “MetaRing is one of the few projects on the market that brings all metaverses together, offering ultimate interoperability. By marrying interoperability with diverse layers of utility, we give more value to the NFT owners. We have a team at Venly that will be focused on striking deals with new metaverses and emerging players, meaning that the MetaRing benefits and value will only scale over the years to come.”
Unlocking Easy Access Across The Metaverse
The metaverse is an ecosystem of interactive and interoperable platforms spread across different blockchain networks by design. In this context, the MetaRing is the “key” that places its owners at the center of the metaverse while effortlessly linking different ecosystems. It also doubles as a wearable and digital collectible that works across individual virtual worlds within the metaverse. On top of it, MetaRing also grants its owner several add-on benefits, including the chance to participate in platform-specific games and events, invest in virtual real estate, and even get prioritized access to future NFT drops.
For instance, MetaRing NFT owners can use them within the Sandbox’s virtual platform to earn a whitelist opportunity for 100 Alpha Passes. Users can use the same MetaRing NFT on the Trade Race Manager platform to receive a limited edition Venly-branded NFT Race Car and Avatar to use in-game. Likewise, each partner platform is offering exclusive benefits to MetaRing owners.
To spread an even wider net, MetaRing has already partnered with 15 prominent platforms, including Polygon, The Sandbox, Vulcan Forged, TCG.World, Trace Race Manager (QORPO), V3, AlphaVerse, Polygon Studios, House of Kibaa, 1st11, Coorest, MaisonDAO, Gumtree, Redkite, Pax.world, Dragonlabz, Aavegotchi, Parallax.co, Purple Penguin, Carbonbase, Dynisty.io, and Invert.io. Per the Venly team, more partnerships are in process, and MetaRing will continue to expand its list in the coming months.
By enabling developers and end-users to create both developer-friendly products and an intuitive user interface, Venly, formerly trading under the name Arkane Network, has established itself as a platform dedicated to helping everyone benefit from blockchain technology. Since 2018, the Venly team has rolled out a series of products and has successfully delivered groundbreaking innovation to several mainstream brands like Ubisoft, Atari, Shopify, Bondly, and many more.
Besides the Venly Wallet that operates seamlessly across devices, the platform also offers a wide range of developer-friendly NFT tools, APIs, and an NFT app that allows anyone to sell NFTs via their Shopify store. Furthermore, the Venly team recently launched Polygon’s first-ever blockchain agnostic NFT marketplace with full support for Avalanche and Binance Smart Chain.