Solana NFTs Will Be ‘Found’ in the METAVERSE As Sales Cross $1 Billion

While Solana and NFTs have been at the forefront of the DeFi boom, there are many like DROPP who feel that they haven’t been developed to their full potential. With the METAVERSE hype increasing as well, DROPP seems to have found a way to amalgamate the two.

Now You Gotta ‘Find’ NFTs

Solana-based NFT firm DROPP is introducing a new method of minting NFTs which require a user to physically be present at a specific location in the METAVERSE.

The NFTs will be placed in the METAVERSE and displayed on the map. Doing so will limit users’ access only to a few NFTs at the selected location which users can then mint based on their geo-location.

Furthermore, DROPP plans on hosting social NFT minting events that will have users travel to a particular location that would coincide with a real-world location. By doing so DROPP aims to improve social interaction in both places.

DROPP also plans on expanding this idea by introducing DROPP Lands later in the third quarter of the year.

By using geo-location, DROPP will mimic real-world locations, and users who buy virtual plots in the METAVERSE will find a corresponding real-world plot.

While at the moment the idea sounds promising it is yet to become a reality. DROPP is also looking to integrate with the Binance Smart Chain and Ethereum by the end of the second quarter this year.

As it is Solana has been a hotspot when it comes to NFTs and this will be an opportunity for the blockchain to revolutionize the traditional methods.

Just yesterday the total NFT sales volume on the blockchain crossed the $1 billion mark and even gained over 226,000 uniques users despite being in the NFT industry for just 6 months.

But…

Non-DeFi Solana investors might not see a lot of benefit coming from this at the moment owing to the huge market sell-off yesterday. SOL took a hit as well and at one point was down by almost 10.5%.

Trading at $126, Solana was at its lowest in 4 months at the time of writing.