YayPal
  • Abstract
  • Token Utility
  • NFT
  • The Platform
  • Tokenomics
  • Long Term Strategy
  • Listings
  • Privacy
  • Disclaimer
Powered by GitBook
On this page
Export as PDF

NFT

Literally web 2 user experience - NFT as a Deed

NFTs and Their Role

  • NFTs (Non-Fungible Tokens) play a pivotal role in the YayPal ecosystem, particularly within the context of the captivating game, Walkopoly.

  • Here’s how NFTs enhance the utility of the Active Token:

1. Deeds and Ownership:

  • In the Walkopoly world, NFTs represent deeds to various virtual assets.

  • Unlike physical receipts in the real world, NFTs are digital certificates of ownership.

  • The mind is the only limit to the types of deeds that can exist within Walkopoly.

2. Blockchain-Backed Transparency:

  • Similar to real-world transactions, when users buy assets (such as streets, addresses, landmarks, luxury cars, boats, or cute pets) in Walkopoly, they receive NFTs.

  • The blockchain technology behind NFTs ensures transparency and security.

  • Transactions cannot be tampered with, and the entire process is visible to all users.

3. Secondary Market and Trading:

  • NFTs can be freely bought and sold within the Walkopoly ecosystem.

  • The secondary market for NFTs allows players to trade their virtual assets.

  • This market operates using the Active Token as its currency.

4. Real-World Integration:

  • Walkopoly mirrors the real world, creating exciting opportunities:

    • Retailer Partnerships: YayPal can collaborate with retailers and e-commerce shops.

    • Loyalty Cards: Players can receive real-world discounts and special offers based on their NFT holdings.

    • For example, owning a virtual landmark in Walkopoly might grant discounts at a corresponding real-world café or store.

5. Seamless Integration with Original:

  • YayPal has partnered with Original, a leading NFT technology provider.

  • Users receive NFTs seamlessly during in-app purchases within the Walkopoly app (available on iOS and Android).

  • This integration is transparent to users, ensuring a smooth experience.

  • Original powers two distinct NFT secondary marketplaces:

    • YayPal Marketplace: Exclusive to Walkopoly assets.

    • OpenSea Marketplace: The world’s largest NFT marketplace, offering broader trading opportunities.

In summary, NFTs empower players, enhance engagement, and bridge the virtual and real worlds within the YayPal ecosystem. 🌟🎮🌐

PreviousToken UtilityNextThe Platform

Last updated 9 months ago