VRJAM, Venly and W3Guild reveal virtual live events venue and genesis NFT sale powered by revolutionary new NFT technology

VRJAM
4 min readJun 21, 2023

VRJAM today reveal their genesis Location NFT sale launched in collaboration with Venly and the W3Guild DAO. This coincides with the launch of VRJAM’s new range of web3 solutions for the gaming industry including ‘VRJAM Venues’ a groundbreaking new NFT technology solution for virtual live events.

W3GUILD LOCATION NFT DROP:

Type: Polygon minted with $USDT80 in $VRJAM
Standard: ERC 1155
Mint Volume: 40x (super -rare)
Mint value: $3200 / $80 per NFT
Mint currency: $VRJAM
Floor price: $40 per NFT
Utility: In world perks, NFT Staking (coming soon), Melting (coming soon) buy, sell, trade
Available at: Venly (https://venly.market)VRJAM (https://vrjam.net/nft-listings)

Holders of W3Guild Location NFT’s will even gain access to VRJAM’s play-to-earn rewards program and NFT staking solutions (coming soon), meaning that the holders of these super-rare NFT’s unlock a valuable opportunity for revenue creation just by attending live events in the metaverse. Holders will also receive an invitation to the official launch event on Gamescom (and in VR) in August this year.

JOIN THE WHITELIST:

1. Create your VRJAM account: https://vrjam.net/signup (NOTE: We’ll contact you via the email address you use to create your account)
2. Connect your Venly or Metamask wallet.
3. Join the W3 Guild bit.ly/JointheW3Guild

By joining the whitelist you’ll get priority access to the NFT sale 24 hours before the general public sale begins. There are only 40x NFTs available in this collection

VRJAM Venues is virtual live events and defi solution that empowers anyone who owns a building in a game or on any metaverse platform to ‘clone’ their building on the VRJAM platform and then use it in new ways that create value for both players and studios.

Once cloned, virtual venues can be activated at real-life events such as conferences and trade shows or used to engage communities through magical digital events and experiences that happen in VR. These features pair with a cutting-edge DeFi solution that empowers venue owners to raise finance for, and then commoditize their cloned venues using fractional shares of ownership called ‘Location NFT’s’.

One of the first organizations to take advantage of this next-level tech is the W3Guild (also known as the Web3 Game Guild), one of the world’s leading communities of web3 focused game developers and studios.

Mars4 are a foundation member of the W3Guild and they’ve donated part of their game world to the Guild for use in the activation of live events on the VRJAM Platform. The piece of the Mars4 game world donated by the developers has been cloned and re-rendered on the VRJAM platform using VRJAM’s ‘venue cloning’ solution.

The cloned Venue (shown in this video) is identical to the original Mars4 game world in every way, however, players can now access the space in VR using the Meta Quest headset and (following its release) using Apple’s Vision Pro mixed reality goggles. Additionally, the cloned space now has all of VRJAM’s live event technology from real-time voice chat and dynamic lighting to live VFX and motion capture added to it, meaning the creation of vivid live events and social experiences is made possible.

The possibilities for event activation don’t just manifest in the metaverse, the Guild’s virtual venue can now be deployed at live events across the globe to empower the Guild’s members to activate and

appear at conferences and trade shows without ever leaving the comfort of their homes or offices. This is made possible using VRJAM Venues, a turn-key live events solution for activating conference talks, keynotes and even concerts in VR at major events.

The first such activation is planned to take place at Europe’s leading Game Developer conference, ‘Gamescom’ in August and will help define a new standard for metaverse live events.

VRJAM Venues also offers the owners of Venues like the W3Guild the capability to monetize their cloned venue using VRJAM’s Location NFT technology, by selling fractional shares of ownership in a virtual venue.

Location NFTs are minted on the VRJAM platform in connection with a piece of virtual real estate (or a cloned Venue) and represent both the ownership of the market value of the building for which they have been published. They can be bought, sold and traded using either the Venly.io NFT Market or using the VRJAM Venues virtual real estate exchange.

The genesis NFT sale for the W3Guild’s Location NFT’s will go live on the VRJAM Emporium and Venly marketplace at 4pm UTC time on Thursday the 29th of June, join the whitelist by creating a free account on the VRJAM platform and becoming an honorary W3Guild member here:

https://app.vrjam.net/guilds/888ad227-c09c-4815-9472-22c6529a30dd

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VRJAM

VRJAM is a multiplayer social gaming and live events platform built to empower global brands and premium content creators.