Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
Categories: News

Reality NFT powered by Golem Network’s decentralized solutions

ZUG, Switzerland, June 20, 2022 /PRNewswire/ — Landlord Go is a revolutionary augmented reality geolocation property trading game which is the biggest of its kind in the world. Every day, it allows 6 million players to buy, sell, or even collect rent on some of the most recognizable landmarks and buildings on the planet, such as the Eiffel Tower or Empire State Building. Landlord Go has transformed the gaming landscape and a new project is set to be released: Reality NFT, powered by Golem Network’s decentralized solutions. Now, engaging with premium content on Landlord Go will generate passive income for Reality NFT holders.

Golem Network is a decentralized open-source platform designed for sharing computer resources. Thanks to Golem’s architecture, it has provided Reality NFT with a platform that handles backend tasks, including access to blockchain and the calculation of passive income for NFT owners, thus enabling the creation of Reality’s NFT ecosystem.

“Because of its decentralized nature, the Golem Network is a natural choice when it comes to hosting gateways to the blockchain. Golem’s discovery mechanism allows it to avoid centralization points which are typical for web2 solutions. As a consequence of this approach it is much easier to assure permanent access to a service hosted on Golem,” said Paweł Burgchardt – Chief Product Officer at Golem Factory.

Sieciech Czajka – Senior Software Engineer at Golem Factory, added: “The Golem Network allows hosting various applications ranging from batch processing (eg. scientific calculations, rendering) to service-like backends. Once demand for calculations is rising it is really easy to scale up by ordering more providers and deploying additional instances of a service on them. We are currently working closely together with Reality NFT to help them take advantage of decentralized computing and apply this technology to strengthen their backend.”

“In the course of developing the Golem platform, our R&D team has been conducting research in various areas of cryptoeconomy and mechanism design. Through this research we have amassed a substantial body of experience that we are now happy to share with our partners. Similarly as with Golem, our goal is to lay solid foundations for a sustainable economy and help Reality Games create user value,” said Marcin Benke – R&D Advisor at Golem Factory.

Soon the Golem Network will present more fascinating projects. In the meantime, the company runs a contest where users can win $1500 for an NFT from OpenSea. You can find more information at realitynft.golem.network.

Video – https://www.youtube.com/watch?v=ehyeh_J2qgY
Photo – https://digitalmedianet.com/wp-content/uploads/2022/06/Golem_Network_Team.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/reality-nft-powered-by-golem-networks-decentralized-solutions-301571002.html

SOURCE Golem Factory GmbH

Staff

Recent Posts

Gopuff Invites the World to “Bring The Magic” to Everyday Experiences with the Launch of Its Largest-Ever Brand Campaign

The imaginative, 360° campaign designed to capture the magic of the Gopuff experience debuts during…

4 hours ago

Metals Acquisition Limited Provides Notice of Release of First Quarter 2024 Results and Conference Call Details

ST. HELIER, Jersey--(BUSINESS WIRE)--Metals Acquisition Limited ARBN 671 963 198 (NYSE: MTAL; ASX: MAC), a…

4 hours ago

New UFC FIGHT CARD RUMMY to Feature Live Tournament, Fan Favorite UFC Athletes and More

UFC Partners With Magmic and Skillz on Launch/Kicks Off a 2-week Live Tournament April 19th…

8 hours ago

Vaunt Marks First Cash-Positive Month, With Rapid Growth Highlighting Success in Tackling Empty-leg Flights

 - Launched in Q4 2023, Vaunt has reached $500K in annual recurring revenue, and 25,000+…

9 hours ago

Nex and Hasbro Expand Collaboration to Transform Beloved Family Board Games Into Active Play Experiences

Three New Games Based on Classic Hasbro Titles Are Set to Launch Exclusively on Nex…

9 hours ago

Franklin Templeton Announces Availability of Peer-to-Peer Transfers for Franklin OnChain U.S. Government Money Fund

The first U.S.-registered mutual fund to process transactions and record share ownership on a public…

9 hours ago