What is Matera?

Matera by LandVault introduces a protocol that mints metaverse experiences as NFTs, turning them into tradable assets like virtual real estate. This allows creators to build faster and investors to buy and sell experiences, thereby injecting liquidity into the metaverse and simplifying the monetization process. Matera also issues ERC-20 Project Tokens to facilitate governance and revenue distribution among creators and landowners.

By bringing metaverse experiences on-chain, Matera enhances transparency, investment opportunities, and the scalability of metaverse projects. This approach eliminates the complexities of off-chain paper contracts, enabling quicker project launches and easier capital injection. Matera's open standard allows for broad developer participation, encouraging further innovation in the metaverse.