TRON partners with blockchain-powered VR platform NeoWorld |

TRON partners with blockchain-powered VR platform NeoWorld

TRON partners with blockchain-powered VR platform NeoWorld

The TRON Foundation has partnered with NeoWorld, the virtual reality platform powered by blockchain technology, to plan the NeoWorld Exclusive island. The blockchain island will be the centerpiece to users’ VR experience, the company said in a statement posted on Medium on Thursday.

Justin Sun, TRON Foundation CEO, stated that the partnership will help in, “strengthening the cooperation within the community ecosystem.

TRON has already entered NeoWorld’s exclusive island with a blue skyscraper that is among the tallest buildings in the island. The building also has one of the highest working rewards on the Virtual Reality platform. However, details of the buildings on the island are limited.

NeoWorld operates an online VR world via blockchain technology, where users can build large structures, dabble in several carries, generate wealth, create networks and conduct other activities that mirror the real world.

An in-built messaging feature is also present, allowing users to communicate with each other through their specific in-game avatars. Buildings can be constructed using ‘land parcels,’ over 100,000 land parcels have been sold, 7.5 million buildings have been constructed and 1.3 million jobs are done every day in NeoWorld.

In addition to having prime real estate in the virtual world, the TRON Foundation might be looking to implement a payment system that can be facilitated by TRX tokens. TRON could be looking to allow TRX payments for buying and selling land and buildings in NeoWorld as part of this partnership.

NeoWorld is using a private, specific currency called NeoWorld Cash (NASH) for transactions in the virtual world. As per its whitepaper, NASH is compatible with the Ethereum token ERC20 and follows the ERC223 standards.

See also: 

TRONbet, TRON’s first ever dApp, sees 1 billion TRX payouts

Tron [TRX] to be listed on Hong Kong exchange, Coinsuper

Image via Shutterstock

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Author: Aakash Athawasya
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