NEW YORK, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Swaraj Inc. is launching a metaverse gaming project themed around the concept of Swaraj, i.e., 'self-governance.' According to the team, "Our objective is to transfer power back to the people via establishing a decentralized ecosystem managed by and for the people themselves."
The ecosystem will feature two classes of tokens - The Swaraj coin($SWRJ), an ERC 20 token based on the Polygon blockchain which will serve as the main utility token, and the G-token which will serve as the governance token targeted at achieving the Swaraj vision's decentralized goal.
More Details about Swaraj Metaverse
Swaraj creates a gateway for users and creators to come together and build 'micro-verses' within the ecosystem powered by the Polygon Network.
The Swaraj Metaverse will be populated with non-fungible tokens (Land, characters, etc.) and smart non-fungible tokens (with Al capabilities), marketplaces, and passive revenue streams to holders of the Swaraj coin and NFTs.
Features of Swaraj Metaverse
Entertainment: Users will be able to host events, social gatherings and network with fellow users.
Monetize: Entrepreneurs and artists would have a plethora of options for monetizing their ideas and abilities in the Metaverse.
Develop: Users can develop games, make artworks, build their own cities, and dream houses with easy-to-use built-in tools.
Gameplay: Users can play PvP & P2E games & host game tournaments created by users and the games created by the community developers.
Explore: Discover a variety of virtual landscapes, including jungles, seas, and mountains, as you wander across the Metaverse.
Personalization: Players can personalize their avatar and lands to suit their unique styles.
The Swaraj Ecosystem will feature 3 sets of NFTs;
Orion's Realm NFT - customizable cities, forests, farmlands, etc that will be minted and the deeds assigned in a randomized manner to holders.
Deviant Series NFTs which are 10,000 avatars with unique perks and powers that will be featured in the Metaverse.
Sentinels Series NFTs, a limited edition of 100 NFTs that give the holders extraordinary privileges in the Metaverse.
Phase 1: 2021
Conceptualization and Team Build-up
1st version of Whitepaper published
1st version website launch
Phase 2: 2022 Q1
Initial Coin marketing activities
Partnerships with game studios
Private Sale and launch of second version of website
Completion of code auditCompletion of code audit
The Deviants NFT Drop and Presale
Listing on CoinListing on Gecko & CoinMarketCap
Phase 3: 2022 Q2
Liquidity Provider lockedLiquidity pool (LP) & ownership renounced
Launch of Orion's Realm Land NFTs
CEX Listingcentralized exchanges
Listing on Swaps
More Partnerships withMore Game Studios
Launch of dedicatedExclusive and specialized wallet for charity
Debut NFT Collaboration with top crypto influencers
Launch of first Minigame
Release Swaraj Bazinga
Metaverse – Unreal Engine Development
Phase 4: 2022 Q3
Auction and drop of NFT sentinel series
Launch of NFT marketplace
Additional minigames releases and additionalMore Game Studio Partnerships
Defi features (Staking & Farming)
Phase 5: 2022 Q4
Alpha metaverse testing
Develop and execute new marketing contents
The first charity funds release
Phase 6: 2023 Q1
Introduce metaverse beta version
Building swaraj ecosystem and burn event
Introduce G Token for voting rights
Implement 1% burn tax on transactions
Launch Swaraj Go Green Movement
Phase 7: 2023 Q2
NFT upgrades/ accessories drop
Swaraj army achieving milestones
Listing on more exchanges
Funds raised for major exchange listings
Phase 8: 2023 Q3
Launch of AI training platform for Sentinel Series
Second Charity Funds Release
Phase 9: 2023 Q4
Deploy Swaraj decentralized exchange (DEX)
Deploy Swaraj wallet/app
Include new products and services added to the app
Phase 10: 2024 Q1
Integration with existing payment services for online businesses like eCommerce and other transactions.
Listing on more crypto exchanges
Corporate endorsement and sponsorships
About Swaraj Inc.
Swaraj Inc. is a firm set up to build an ecosystem that will act as a multi-utility platform and welcome all experience levels into the crypto sphere. "We aspire to create an ecosystem by leveraging the community's initiative and to generate products with utilities that align with our decentralized principles." According to the team, The Swaraj project has unique selling points that set it at an advantage over existing platforms. These include:
Dedicated governance token
Earn while playing PVP and P2E games
Smart NFTs with AI capabilities
Anti-dump and redistribution mechanisms
Development tools for creators
Contact: Razzil Darkbrew, CEO