Netvrk Joins Vera to Enable Metaverse Mortgages for Virtual Land Sales

Vera is excited to announce a new partnership with Netvrk, a virtual realty metaverse built on the blockchain that allows users to monetize their creations and content using NFTs and Virtual Land Sales.

By integrating Vera’s Metaverse Mortgage solution into Netvrk, virtual real estate collectors that do not want to sell their cryptocurrencies or cannot afford to purchase these metaverse non-fungible assets can now receive financing to purchase their favorite NFTs.

“We are super excited to work with Vera to become one of the first NFT metaverses to provide metaverse mortgages for our community,” remarked Daniel Kennedy, CEO of Netvrk. “Our mission is to empower our community and stakeholders, and Vera’s NFT financing solutions will help make this vision a reality for all.”

Recently, Netvrk gained substantial market traction by successfully raising over $10 million dollars in USD and $NETVRK from Virtual Land Sales.

By integrating Vera technology, Netvrk can make their their NFTs more affordable to more players, generate additional Virtual Land Sales revenue, and enable more ways for Netvrk players to earn income with their unique creations and content.

Beyond virtual land, a variety of other Netvrk NFT items may additionally be offered for financing powered by Vera’s smart contracts. Similar to real life mortgages and auto financing, the ability to finance NFT purchases will be available to essentially everyone on customized and mutually agreed upon terms. Vera’s technology will also carry additional benefits including NFT buyer and seller protection, customizable terms, and support for custom collateral options. Read more about Vera’s full range of products here.

“We look forward to having Netvrk in the Vera Ecosystem,” commented Denis Lam, the CEO of Vera Labs. “Together, we will showcase how NFT and DeFi will revolutionize blockchain gaming and empower the growing Netvrk community by allowing any player to transact virtual real estate safely and reliably without the need of any intermediary.”

About Netvrk

Netvrk is a metaverse, with powerful creation tools and infrastructure to easily create, share, experience, and monetize creations. With a focus on gaming, education and virtual workplaces, built around ownership of virtual land and assets.

Follow Netvrk:
Website | Twitter | Telegram | Telegram Announcement | Medium | $NTVRK

About Vera

Vera is the most powerful open financial platform for non-fungible token (NFT) assets. Vera offers decentralized financing, leasing, lending, and other essential financial services for any NFT marketplace, game, or application. Founded in 2021 and backed by notable investors in the decentralized fintech space such as Animoca Brands (leader in blockchain gaming and NFTs; key investor in Axie Infinity, Open Sea, Dapper Labs, CryptoKitties, and much more) and the Web3 Foundation, Vera’s mission is simple: To build open, secure, and powerful NFT financial products that are equally available to everyone everywhere.

Follow Vera:

📈 Buy $VERA coin to support our project
🌐 Visit us on our Website
📩 Email us at hello[at]vera[dot]financial
💬 Chat with us on Telegram — @veranetwork
🐦 Find us on Twitter — @veradefi
🤖 Follow our work on Github — @veradefi
💼 We’re hiring! — Ready to be part of the next trillion dollar industry?