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After months of work on 4,000 custom 3D rendered District Homes, the ZTX Web3 platform held its final sale of the Genesis Homes NFT collection on August 30. Interestingly, sales of the ZTX Genesis Homes NFT collection on the OpenSea market were sold out during the first day of market debut. As a result, ZTX District Homes owners can accept their NFT offer or take advantage of the product for immersive 3D interactions. Notably, the ZTX Genesis Homes NFT is available via Ethereum’s layer two (L2) scaling solution, Arbitrum.
Why the ZTX Genesis Homes NFT Collection Matters to Crypto Investors
The adoption of blockchain technology by mainstream investors is said to occur between 2022 and 2030. The cryptocurrency industry is undoubtedly the largest user of blockchain technology, with the Non-Fungible Market (NFT) playing a significant role. At the end of the crypto bull market in 2021, most investors considered NFTs to be JPEGS on the blockchain aimed at generating profits for their creators.
Two years later, the NFT market has developed into a mature industry that records billions of dollars in trading volume every quarter. For example, Web3’s ZTX platform recently raised $13 million in a seed funding round led by Jump Crypto with key contributions from Collab+Currency, Parataxis, MZ Web3 Fund, and Everest Ventures Group.
As a result, the ZTX Web3 platform is able to drive the adoption of 3D immersive products to the global market. For example, ZTX Genesis Homes NFT number 3,311, owned by Kaz-v, has a price tag of around 1,500 ETH. Nonetheless, the current highest bid on this particular NFT collection is around 0.19 ETH.
“The public has been waiting for Genesis Homes for a very long time. “The four different districts into which the Homes will be categorized, the high fidelity of the 3D homes shared in the teaser, and the overall positive news that ZTX has been at the center of for weeks have definitely increased interest in this mint,” Beleng44, a community manager and moderator for the server ZTX Discord, noted
What ZTX Leaders and Investors Are Saying
The ZTX Genesis Homes NFT Collection is undeniably meticulously designed, satisfying the imagination of most collectors. Moreover, the NFT collection sold out on the first day of its market debut.
“To be honest, this is a very innovative product design. Other crypto metaverse projects sell land, and it’s a model that works well in terms of revenue, but for me setting a limited limit on the number of land plots in a project and selling land is like Instagram or TikTok setting limits. on the number of user accounts that can have their profile page,” Alexx, Chief Futurist and creator at ZTX, noted.
Alexx added, Web3 Virtual Land and Houses are 3D versions of profile pages on social media. Therefore, Alexx highlighted that virtual land should be freely claimed by any new users in an effort to facilitate mainstream adoption.
“ZTX offers free land and homes, and the Genesis Homes we sell are just premium membership passes that earn different benefits, such as platinum-level blue ticks or verified badges,” he added.
Similar sentiments were echoed by Julian Gropp, partner at Parataxis Capital, who added that the ZTX Genesis Hole mint saw significant participation from institutional investors.
“…Whether small or large, the types of investors getting ZTX are very diverse and that kind of broader appeal is something to keep an eye on,” Gropp said.
According to ThankYouX, a popular NFT artist, ZTX 3D’s idea is very interesting and he is considering running for mayor. The NFT influencer also noted that he had collected some Genesis Home candy. Luke Xiao, business development manager at Offchain Labs, concluded that ZTX’s Fashion District and Arts District will greatly help the Arbitrum ecosystem as it advances in their respective categories.
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