In a week marked by a surge in Bitcoin-based NFT collections dominating the market, Reality Metaverse's Genesis Collection NFTs swiftly sold out on the Polygon blockchain. The gaming ecosystem project, supported by Reality Games, has garnered attention for its integration of real-world utility into the NFT space.

In this article, you will learn all about how the Reality Metaverse sells out its Genesis Collection as the market sees an uptick in NFT sales by 37%. You will also learn about their portfolio of games and a significant uptick in NFT sales volumes, which surpassed $277 million over the past week.

Over 30 Million Downloads

With over 30 million downloads and 7 million active players on apps like Landlord Go, Reality Metaverse has established a strong foothold in the gaming community. Landlord Go, a geo-location-based property trading and management game, seamlessly incorporates Reality NFTs by embedding 3D model NFTs within its gameplay.

A notable aspect of Reality Metaverse's model is the revenue-sharing mechanism for NFT holders. A portion of in-game purchases from titles like Landlord Go enriches Reality Metaverse NFTs, rewarding holders with $RMV tokens. These tokens can be traded on crypto exchanges or used to enhance real-world asset-linked NFTs through loot boxes and other features.

Genesis NFT Collection

The Genesis Collection, comprising 888 NFTs, was met with overwhelming demand, selling out in seconds during the initial offering. More than half of the NFTs were claimed through guaranteed spots, indicating strong interest from collectors and enthusiasts alike. On secondary markets like OpenSea, the floor price of the collection settled at 99 MATIC (approximately $87.53 US) within the first 24 hours, reflecting its popularity among buyers.

Maciej Burno, Chief Business Development Officer at Reality Games, emphasized the unique benefits offered by the Genesis Collection NFTs. Holders gain access to exclusive virtual experiences, earn royalties, and receive VIP privileges at Reality Metaverse events, creating a sense of exclusivity and value.

Games and Tokens

Reality Games has expanded its ecosystem with the recent launch of new titles like Weather Challenge, all interconnected through the native $RMV utility token. Plans for additional games such as Donald Trumpet Tycoon and Food Truck Tycoon are underway, with a focus on accessibility for both web2 and web3 users.

The success of Reality Metaverse's Genesis NFT minting coincides with a significant uptick in NFT sales volumes, which surpassed $277 million over the past week, marking a 37% increase from previous periods. Burno attributes this growth to the rise of real-world asset-backed NFTs and their intrinsic utility, signaling a shift in market dynamics and renewed interest in digital collectibles.

With over $1.8 million in volume generated through its products over the past 12 months, Reality Metaverse continues to expand its user base and solidify its position in the evolving NFT landscape. As the market embraces assets with tangible benefits and utility, Reality Metaverse stands out as a leading player, driving innovation and engagement in the gaming and blockchain space.