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What is Next Earth (NXTT)?

Next Earth is the largest Metaverse platform with the most landowners on a mission to create a fair digital life for consumers. Developers can build their own map-based applications using smart contracts and minting their own dynamic NFTs through Next Earth OS (NEOS).

To learn more about the project, check out our whitepaper.

The Metaverse is a new generation of the internet. This can happen, when Web3 replaces cloud computing and that requires clear and easy to use solutions for developers to harness the power of smart contracts and dynamic NFTs. Dynamic NFTs are a special kind of non-fungible tokens where the metadata can change according to the usage of the NFT itself, enabling real life utility for NFTs.

Next Earth is focusing on location and map based services and offers a one of a kind API suite called Next Earth OS for Web2 developers to build their own smart contracts and mint their own NFTs in any programming language they are familiar with.

The applications that run on NEOS pay a platform fee, 70% of which is spent on the market buying NXTT, where 10% of the tokens is burnt and the other 60% is redistributed to token holders via the Next Earth Staking Protocol.

These applications can be: map-based marketing campaigns, loyalty and membership programs, location-based digital booking and tourist solutions, travel apps and map based games.

The Next Earth Platform provides a digital replica of the Earth powered by Mapbox, enabling users to buy 10m x 10m plots of land. As of December 2022 Next Earth has the largest number of landowners among all the Metaverse projects with a whopping 46k size landowner community and has sold over 7 000 000 000 square meters of land.

Apps built on NEOS use geolocation which means that every application is hosted on a specific location in the Next Earth Metaverse. Owners of the land where the applications are hosted are eligible for a royalty from the application’s platform fee payment, generating income for the landowners.

Who Are the Founders of Next Earth?

Next Earth was launched in 2021 by Gabor Retfalvi, a serial entrepreneur with over a decade of experience in building and scaling businesses. The core team is located in Budapest, Hungary and as of December 2022 the total headcount of the team is 43 people.

Gabor Retfalvi is the CEO of the platform. Attila Kiraly and David Taylor are also credited as co-founders of Next Earth. Kiraly is a mathematician and has over 16 years in development and Taylor is an entrepreneur and economist who has a 7 year background in token engineering and has worked with over 300 crypto projects since 2016.

What Makes Next Earth Unique?

Next Earth being a digital replica of the planet Earth and its fully Web2 compatible, language agnostic NEOS makes it an obvious choice when it comes to Web3 integration for companies and startups that leverage location or maps in their tech stack.

NEOS leverages the breakthrough dynamic NFT technology, where NFTs don’t only have static metadata but metadata that can be changed via smart contract transactions. This allows NFT projects to change values of their data (ie: health points of a video game character, or loyalty points on a membership card).

Next Earth is the first Web3 Metaverse that can claim to offer clear ROI-positive solutions for businesses to integrate with Web3.

All platform fee payments that are billed based on computing power used via NEOS are paid in fiat, but 70% of the platform fee payments are spent on buying NXTT. 10% gets burned immediately and 60% goes into the Stake Reward Pool, creating a revenue distribution mechanism for NXTT holders. This is the economic foundation for creating a fair digital life, where users get a cut from companies monetizing their data.