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Cryptocurrency News Articles

The New York LandRush Has Begun

Apr 16, 2025 at 02:00 am

Districts™, the groundbreaking virtual world that mirrors Earth, is set to redefine digital ownership with its first-ever Digital LandRush event

The New York LandRush Has Begun

New York, New York– April 15, 2025

Districts, the groundbreaking virtual world set in a 1:1 rendering of Earth, is set to redefine digital ownership with its first-ever Digital LandRush event. Open now in New York, Districts is a user-driven world blending creativity, community and commerce.

A decentralized marketplace for digital assets, Districts is pushing the boundaries of real-world asset (RWA) integration.

“Districts defines digital ownership, bridging the gap between virtual and real-world assets,” said Derek Boirun, Founder and CEO of Realio. “Envision a platform where tokenized properties, artwork and other valuable assets can be listed, traded and monetized — and asset holders can contribute to a dynamic, self-sustaining economy.”

Whether you're an architect envisioning sprawling cityscapes, an entrepreneur launching a tokenized empire or a creative mind weaving a living tapestry, Districts aims to provide you with the tools, ownership and freedom to build and innovate. Governed through a DAO and tokens ($DSTRX) for voting, the platform will evolve based on the vision of its community.

Claim Land Pixels

At the heart of Districts lies the Realio Network and $RIO, its gas and utility token. To claim virtual Land Pixels with real-world coordinates, $RIO holders can deposit 5,000 Native $RIO into the Land Bank. In return, they receive a minted Land Pixel and $DSTRX governance tokens, which launched fairly on Uniswap during the LandRush.

Built on fair tokenomics principles, 20% of all $RIO deposited for land claims is burned, reducing the token supply. The remaining 80% is securely held, establishing a stable economic foundation for users and the broader ecosystem.

For more information, visitdistricts.xyz.

Note: LandRush participants can acquire Land Pixels, each linked to a unique geographical location. However, these carry no rights to the real-world property or its intellectual property. Land Pixels are not intended as investments, and purchasers should not expect them to appreciate in value or have any resale value. Digital assets offered or sold in Districts' Marketplace do not include investments, securities, or commodities futures.

About Districts

Districts is a virtual world mirroring Earth, powered by blockchain technology and smart contracts to provide a secure and transparent space for users to own virtual land and develop economies.

About Realio Network

Realio Network is a multi-chain Web3 ecosystem developed by the Realio team to revolutionize the issuance, management and trading of real-world assets (RWAs) on-chain.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 26, 2025