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WHAT IS SUPERWORLD
VIRTUAL REAL ESTATE?
Superworld Virtual Real Estate lets you stake a claim to over 64 billion virtual plots of land geographically mapped onto Planet Earth.
Each plot of land is a 100m x 100m rectangle which is about the size of the Yankee stadium.
SuperWorld uses the ERC-721 standard of tradable assets, meaning that each plot is a non-fungible token (NFT) — characterized by its digital scarcity as a collectible and wholly distinct asset to buy, sell, trade, or hold.
So, when you buy a piece of SuperWorld virtual real estate, you acquire a unique and irreplicable piece of the Ethereum blockchain, including monetization opportunities available on your virtual property.
A non-fungible token (NFT) is a type of cryptographic token that represents a unique asset. NFTs are tokenized versions of digital or real-world assets. They function as verifiable proofs of authenticity and ownership within a blockchain network.
ERC-721 is a standard interface for Non-Fungible tokens, meaning ERC721 tokens are simply a subset of Ethereum tokens. In ERC-721, each token is completely unique and non-interchangeable with other tokens.
Ethereum is the second-largest cryptocurrency platform by market capitalization, behind Bitcoin. It is a decentralized open source blockchain featuring smart contract functionality.