User:MamboAfrica/sandbox

{{Africarare}

Africarare is Africa's first 3D virtual reality (VR) immersive platform.

History/background
Africarare is a 3D virtual reality (VR) immersive platform powered by the Ethereum blockchain and set in the virtual world of Ubuntuland. Africarare is both South Africa and Africa’s first metaverse. The africarare marketplace allows users to perform actions such as purchasing land, visiting a VR non-fungible token art gallery, booking digital services and experiences, and creating unique in-world assets such as avatars and skins that can be traded. Users are also able to trade on secondary platforms such as Opensea. Africarare worked with renowned South African artist Norman Catherine for the release of 52 digital pieces in his signature lexicon for their debut NFT collection.

UbuntuLand
UbuntuLand features 204 642 plots of available virtual land, made up of different village sizes in numerous communities. A tiered value system is used to position and price the land plots. A flash sale of land in early 2022 saw Africarare sell 149 plots of virtual land in under 8 minutes. Landholders can customize their territories to do anything, like producing resources, hosting shops, renting virtual services, and developing applications. Spaces will include film festival areas, meeting and therapy rooms, concert stages and meditation lounges, with new features such as blockchain play-to-earn gaming in the pipeline. South African telecommunications company MTN, as well as advertising company M&C Saatchi Abel, have acquired virtual land in Ubuntuland.

Currency
The currency utilised in Ubuntuland is the $UBUNTU token, built on the Ethereum blockchain. Everything in Africarare can be bought, sold or traded using $UBUNTU tokens, including buying, developing, selling or renting plots of villages, and the in-world purchases of digital goods and digital services. The valuation of the $UBUNTU token is calculated according to what users play, build, invest and trade.

Live experiences
Africarare features live experiences. The Mila Gallery (Swahili(https://en.wikipedia.org/wiki/Swahili_language) for ‘tradition’/ ‘custom’) hosts some of Africa’s famous artists, while the Inuka Gallery (Swahili for ‘rise’/ ‘get up’) hosts Africa’s lesser-known artists. Both galleries run various exhibitions on an ongoing basis. Artists are also able to buy or rent parcels of land and put up art shops through which they can sell their own NFT art.