Location NFT's

Location NFT's allow community members to own the virtual real estate (ie buildings akavenues) inside 5th Dimension, VRNexus's virtual world.

These NFTs are used a method of valuing and commoditizing virtual real estate.

By issuing location NFT's, venue owners can commoditize their venues. Location NFTs also grantusers increased access privileges whereby NFT holders gain access to parts off the venue that are notaccessible by regular users, similar to the way in which a backstage pass grants the holders access tooff limits areas inside a real life venue.

Purchasers of these NFT's help support the owners of the virtual venues by investing in tem prior tolaunch. In return they receive monthly rewards of VRS for holding these NFTs. This solutionempowers a new vision for public realm ownership in the metaverse, based on commoditizing venuesusing NFTs as the means for investors to buy public realm assets, rather than selling sections of VRNexus worid map (ie. land) as is common elsewhere in the metaverse.