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SK Telecom’s Ifland metaverse provides cashable in-app economic system

by SB Crypto Guru News
September 6, 2022
in Metaverse
Reading Time: 1 min read
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The Ifland metaverse, run by South Korean telecommunications big SK Telecom (SKT), is permitting customers to earn cash by internet hosting meetups within the digital world, the corporate introduced Monday.

See associated article: South Korea’s Ifland metaverse dives into play-to-earn

Quick info

  • SKT has adopted an “ifland level” system to usher in its metaverse economic system — any Ifland customers can earn factors by logging in at a selected time and finishing missions. There are also factors given as day by day rewards, attendance rewards and shock rewards. 
  • Customers can donate their factors to different customers who host digital meetups on Ifland. These hosts are eligible to liquidate earned factors to their non-public accounts.
  • At present, customers can solely cash-out donation factors they obtained by means of internet hosting meetups, SKT instructed Forkast.
  • Ifland’s latest improve additionally consists of “ifland studio,” the place customers can create their very own costumes for avatars. The costumes can be tradable with factors sooner or later.
  • Ifland says there can be three extra large-scale updates to additional increase the metaverse ecosystem.
  • The corporate can also be creating a digital pockets for crypto administration and Web3 entry.

See associated article: South Korea’s SK Telecom to construct its first Web3 pockets



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