Cardano's Pavia Metaverse
Pavia was the first metaverse to announce its launch on Cardano. It's named after the birthplace of Jerome Cardano, the individual the blockchain is named after. Like Cornucopias, this metaverse is in its early development days.
After three rounds of land sales, over 17,000 individuals now own land on Pavia. Collectively they own about 100,000 parcels of land that were allocated as follows:
Land Sale round | Parcels sold |
---|---|
Round #1 | 29,000 |
Round #2 | 31,000 |
Round #3 | 40,000 |
$PAVIA is the native coin for the pavia metaverse. Its utility will serve the following purposes:
- Buying and selling in-game assets, creator assets, prices, and equipment
- Incentivize player participation in building thriving communities. Player earnings will be in the form of PAVIA tokens.
- Manage the metaverse economics.
As the game matures, the development team may introduce other uses of the token.
$PAVIA tokenomics
There are 2 billion PAVIA tokens that were minted on the 17th of November 2021.
Initially, the team planned to allocate tokens as follows:
Token Allocation | Tokens | % of PAVIA supply | Beneficiaries |
---|---|---|---|
Community Airdrop | 0.5 billion | 25% | Pavia NFT holders (land owners) |
Liquidity and utility | 0.5 billion | 25% | - public sale - In-game rewards - Play-to-earn rewards - DEX liquidity |
Development & ecosystem | 0.6 billion | 30% | Engineering & marketing |
Pavia Team and advisors | 0.4 billion | 20% | founders, investors, team & advisors |
Pavia land owners have already received the 25% portion allocated for the airdrop. These PAVIA holders provided liquidity to MuesliSwap's PAVIA/ADA pool.
The Pavia team has allocated liquidity to pools in the 4 leading Cardano DEXes i.e MinSwap, Wingriders, SundaeSwap & Muesliswap. They have also allocated liquidity to Hotbit & ADAX centralized exchanges (CEX).
The 50% of the remaining PAVIA supply that was allocated for development and team will be subject to lockup and vesting schedules. At the moment, those tokens are held centrally by the Pavia Corporation.
Cardano's blockchain explorer shows there's a whale address that holds over 74% of the PAVIA tokens i.e 1.49 billion. This amount indicates that outside the airdropped tokens, the team has allocated a mere fraction of their supply for liquidity on exchanges.
It's possible to track PAVIA's price action via Coinmarketcap or Coingecko.
On what platform will Pavia launch first?
PAVIA will first launch as a desktop game build. Users will need to download the game and install it. A limited version of the game will be available on the browser.
In a recent podcast, Paul, Pavia's CEO explained that they choose the desktop experience because browser game while very convenient lacks direct access to the computer resources hence less fluid. Later on, the team will do their best to create an almost comparable experience on the browser.
Pavia roadmap 2022
Q1 2022
- Add liquidity to Cardano DEXs and explore cross-chain liquidity
- Working parties on Pavia Compatible Assets (PCA) creation and user-generated content
- Commence in-game Pavia browser experience build and zoning of the Pavia plaza
- Final NFT land sale.
- Take first steps towards cross-chain interoperability with a focus on NFT-based assets
- Release V1 of PCA builder tools
Q2 2022
Update $PAVIA vesting schedules
Landowner snapshot and random, limited edition Pavia NFT airdrop
Pavia website smart contract marketplace and out-of-the-box solutions for land owners
Work on user-generated content (PCAS) at scale and load testing in a multiplayer environment
This work will continue into Q3
Q3 2022
Begin deployment of PCAs onto land parcels at scale
Commence Pavia portals testing
Additional avatar customization and wearables
Announce expected dates for full development
Host first live event in the Pavia Plaza
This event may be delayed to Q4
Q4 2022
- Announce additional $PAVIA liquidity and in-game token use cases
- Refine the multiplayer and in-game player interactions
- Development of integration into the wider metaverse.
First published on Jun 21, 2022
Cardano