Award-winning metaverse pax.world steps up economic development with launch of Utility Token $PAXW10/30/2022 The award-winning metaverse pax.world announces the launch of its token $PAXW - a native token used to expand its rapidly developing ecosystem.
pax.world is a 3D world offering immersive, life-like experiences, including highly detailed business centres where real-life organisations can hold events, meetings, and AMAs. It will also feature educational centres for an interactive learning experience, and NFT galleries, displaying and auctioning the works of real-life artists. The metaverse will also feature inspired designs from world-class architecture firms such as Grimshaw, which pax.world commissioned to create one of four ‘metaserais’ - central gathering places for its citizens of pax.world. The $PAXW token, which runs on the carbon-neutral Polygon (MATIC) blockchain, will power the experience of pax.world citizens - rewarding them for in-world achievements, creating engaging content, and helping to build and support the larger pax.world community. Holders of the token will also be able to vote to determine the future direction of pax.world. In addition, the token will also allow citizens to vote on the allocation of content rewards and resources owned by the pax.world DAO (Decentralized Autonomous Organization). $PAXW can be used to buy land and pay for in-world services. Furthermore, the token will be the primary medium of exchange in the pax.world marketplace for both virtual and real-world products and services. In-world commercial activities that will utilise $PAXW include:
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