Virtua offers a metaverse where users can play games and enjoy social experiences, all in the virtual world. Users can explore, play games, socialize, and own virtual land and other properties in the Virtua metaverse.

Built with web3 technology, the platform offers an ever-evolving digital experience to consumers, empowering them with decentralization, so they enjoy complete ownership over their identity and communication on Virtua. The project has partnered with several brands across entertainment, art, music, sport, blockchain, crypto, and gaming, to introduce more immersive and engaging experiences for its metaverse users.

The multi-platform interface offers metaverse solutions across desktop, mobile, VR, and AR technologies. In addition to trading land and playing games, the Virtua metaverse lets users trade NFTs that can enhance their life in the platforms marketplace.

Virtua Kolect (TVK), formerly known as Terra Virtua Kolect, is the native crypto asset of Virtua and powers its ecosystem. It can be used to purchase land, create digital collectibles and fan tokens, earn rewards by participating in games and quests, and be staked to access exclusive rewards.

Virtua consists of the following key components:

Virtua Prime

Virtua Prime is the first planet in the Virtua Metaverse, a hyper-realistic, immersive 3D world. Cardano Island is the first region launched in this space, followed by Virtua Island, Crypto Islands, Brand Islands, and Commerce Islands.

Virtua Marketplace

The marketplace is where users can purchase homes within the metaverse or trade NFT collections from brand partners. There are four marketplaces on Virtual: Collectibles, Artwork, Comics, and Magazine.

Land Sale

This is where users can purchase lands and cribs within the Virtua metaverse. Also available for sale are condos and virtual homes that can be customized.

Games

This section hosts metaverse games developed by Virtua Studios that can be played by avatars known as VFLECTs. Several Play-to-Earn (P2E) opportunities exist for users to compete in quests, collect rewards, and more.

Virtua was co-founded by Gary Bracey and Jawad Ashraf as Terra Virtua originally in 2017 when its concept was unveiled at Londons BAFTA headquarters. The company is headquartered in London, and its co-founders have several decades of experience in game development and emerging technologies.

In March 2022, the company launched Terra Virtua Studios, which focused on developing web3 games for its metaverse. In June 2022, the metaverse platform rebranded from Terra Virtua to Virtua as it started to launch its virtual universe.

In September 2022, the platform announced an investment from blockchain consultancy group Next Chymia. This was followed by the official teaser release of VLFECTS: Battle for Virtua Prime, the platforms first GameFi offering. In the same month, the company announced the launch of Virtuas mobile app on Android and iOS.

Cardano Island, Virtuas first virtual property offering, under collaboration with a blockchain platform, announced its first land sale in February 2023. The development offered 9,999 plots of virtual land for sale to the Cardano community.

Virtua Kolect is an interesting crypto asset, especially if you believe in the metaverses potential and are looking for crypto projects with mainstream appeal. It has established partnerships with established brands from mainstream industries such as entertainment, sports, music, and more. The announcement of more partnerships and the launch of more mainstream NFT collections, web3 games, lands, virtual engagement experiences, etc., can increase the appeal of buying and holding TVK, sending the price of Virtua Kolect token higher in the market. Such developments can spur on-chain activity and increase the demand for TVK crypto among consumers, boosting the TVK price statistics. The TVK token price can increase as Virtua launches more games and services on its metaverse platforms. In addition, positive market sentiment toward cryptocurrencies and the metaverse can also support the Virtua Kolect price.

While it is impossible to provide an accurate TVK coin price prediction over any duration, there are key fundamentals that can drive significant price action and volatility in the TVK cryptocurrency. These include the level of adoption, new partnerships and developments, rollout of new offerings, and market outlook. The TVK price can rise as more games and NFT collections release on the Virtua metaverse platform. Investor confidence in the TVK coin also increases when Virtua announces new partnerships, integrations, and investments in the project. When Virtua launches new games, land sales, or adds more features to its metaverse, the appeal of its native token as an investment opportunity is boosted. A favorable outlook towards cryptocurrencies and key market sectors such as web3, metaverse, NFTs, and GameFi can also be important in sending the TVK price on an uptrend.

$TVK is the native token of the Virtua ecosystem and has the following use cases: It is used as a native currency to purchase land in the Virtua metaverse and holders of the token become a part of the Virtua community. Users can stake TVK on Virtua to become members of exclusive Virtua Prestige clubs, which grants them access to NFT airdrops, collectible rewards, previews, TVK bonuses, and extra features on the platform. TVK can also be used to participate in gameplay, complete competitions and quests, and earn rewards. Additionally, TVK can be traded against other cryptocurrencies to profit from changing market conditions and volatility, or held long-term as an investment in the future potential of the Virtua metaverse.

Out of the total supply set at 1,200,000,000, the circulating supply of TVK stands at just over 976,000,000 as of March 2023. The token distribution according to TVK tokenomics is as follows: 20.94% for the TVK private sale, 20% for marketing activities, 20% as the ecosystem reserve, 10% for the team of developers, 7.29% for business development and partnerships, 5.83% for the seed round, 5.31% for the 2018 fundraising round, 5% for advisors, 3.62% for equity investors, 1.14% for private sale marketing activities, 0.73% for the public, and 0.15% as a reward to early supporters of the project.

Virtua has partnerships with mainstream brands and companies in the blockchain and crypto industries such as Cardano, Polygon, Ethernity Chain, Elrond Network, Casper, WAX, LegendsOfCrypto, GamerHash, and more. Brand partners of Virtua include Legendary, Shelby American, Williams Racing, Paramount, The Bored Ape Yacht Club (BAYC), Stephen Colbert, Elvis Presley, Hero ISL, Kevin Hart, and more. Notable investors in the Virtua metaverse project include Amplifi Capital, AU21 Capital, DeltaHub Capital, Exnetwork Capital, Genblock Capital, NGC Ventures, Hashed, ZBS Capital, Moonrock Capital, Woodstock Fund, and Next Chymia.