Platform-as-a-service, ever heard of it?
If not, you’re going to hear a lot more about it from this day forward, especially in regards to all things Metaverse and Web3.
Pioneered by a Budapest, Hungary-based technology platform Next Earth, the startup — founded in 2021 by Gabor Retfalvi — styles itself as “the first true land ownership platform in the Metaverse”, a place where users can purchase, develop and sell virtual land.
Claimed to be one of the largest metaverses in existence with some 230,000 users and 45,000 landowners as of last month according to a Business Insider source and others, Next Earth utilizes blockchain technology to manage virtual land NFTs on a virtual 1:1 Earth, all made possible through Next Earth’s NXTT tokens.
For a more in-depth look at this, buying and staking land, ongoing projects and other aspects Next Earth is focused on, head on over to the startup’s whitepaper page.
“Next Earth is the first true land ownership platform in the metaverse, allowing users to sell, stake, and develop NFT-based land tiles mapped to the Earth’s surface.
Because ‘ownership’ goes way beyond having your name in a contract. With ownership comes the opportunity to build, collaborate, and turn your land into something more than the sum of its parts.
Next Earth aims to be the ultimate platform as a service for individuals and businesses at every level to enter the metaverse. Whether you’re an individual investor, a creator, a startup, or even a legacy business looking to expand digitally, we provide the infrastructure you need to bring your vision to life.”
— Next Earth whitepaper
Whether First Earth’s goal comes about is neither here nor there, though one thing that should be highlighted — particularly in today’s sensitive green-centric arena — is the startup’s focus on environmental issues.
Because for First Earth business is philanthropy.
Did you know that ten percent of all transactions on the platform are donated to charities like The Ocean Cleanup, Amazon Watch, Kiss the Ground, and SEE Turtles, helping the platform’s goal of creating a more sustainable Metaverse and a better world for us all?
If not, that itself could be a good reason to go and check out the website to see what it’s all about.
Next Earth is the brainchild of CEO Gábor Rétfalvi, a founder and owner of multiple startups prior to founding Next Earth. Focusing on sales, marketing and IT-heavy business development, Rétfalvi’s business acumen and intuition are a clear boon for the company.
On his platform, Rétfalvi put it plainly: “We truly believe that we can help the world become a better place, with the democratization of the Metaverse; with true digital ownership by the community, by delivering an economy where users can monetize themselves, create not just wealth and value, but also the community-driven content of the Metaverse itself, and get appreciated for it.”
Platform-as-a-service is one aspect of Web3 growing in popularity. And with the rise of companies like Next Earth and the more high-profile The Sandbox making waves, it won’t be long before others will be creating their own Metaverse headlines as well.