Xara City is a fully immersive, Play-To-Earn Ecosystem where Real Estate themed NFT's can be purchased, thereby rewarding the Xara City Real Estate Owner with XARA when their NFTs are staked and upgraded to virtual apartments which they can also later rent out to earn more XARA from potential tenants.
Whilst currently in a development phase (much like the growth profile of a real city), it allows for a platform that can grow substantially in future. As the Xara City Ecosystem develops, Xarians will benefit from increased staking rewards.
Participants can use their well-earned XARA to either increase their NFT portfolio and XARA income by acquiring additional Land Site and Building NFTs or upgrading Key Tokens earned through staking into Virtual Apartments to rent out or sell via the Xara City Market Place. XARA can also be spent on a variety of virtual reality experiences within the Xaraverse or swapped, via the Exchange tool.
Step 1. Mint Xarian NFTs
Step 2. Mint Land Site and then Building NFTs
Step 3. Stake Xarian, Land Site and Building NFTs to earn XARA
Step 4. Collect Land Sites & Building NFTs to become the Head City Council (DAO)
Step 5. Receive Key Tokens for staking a Land Site and Building NFT for 90 day consecutively
Step 6. Upgrade Key Tokens to VR NFTs with an associated VR Apartment
Step 7. Sell or Rent out your VR NFT through the Xara City Market Place
Step 8. Use XARA on 3D Virtual Experiences within the Xaraverse
Step 9. Swap USD to XARA via the Xara City Exchange tool to spend in-game