Solmap Revealed as Solana's First 'Digital Real Estate'

Solmap Revealed as Solana's First 'Digital Real Estate'

Magic Eden introduced Open Solmap, a novel way to own and develop Solana's transaction history and blockspace through digital plots.

The Deets

  • Visualized Ownership: Each plot represents 1,000 slots of Solana's transaction history.
  • Creative Freedom: Holders can develop their plots as they see fit.
  • Community Support: Ongoing support to enhance minting, browsing, and collecting experiences.
  • Financial Transparency: Proceeds to be managed by a community-driven multisig wallet.

The Bulk

Open Solmap marks a significant innovation in the blockchain space, offering a unique opportunity to own a piece of Solana's history. Each plot in Solmap comprises 1,000 transaction slots, visually represented and fully customizable. This concept introduces the idea of digital real estate on the Solana blockchain, where plot owners have the freedom to develop their digital properties in various ways.

The project emphasizes community engagement and governance, with proceeds from the mint directed to a multisig wallet controlled by prominent community members. This approach ensures transparency and collective decision-making in fund allocation.

📊 By the Numbers

Open Solmap has done nearly 75,000 SOL in volume in less than 24 hours, with a floor price of 0.53 SOL. 

ğŸŽ¤ Platform Prose

Think of Solmap as digital real estate. By owning a plot, holders can develop whatever they'd like. As with all new exciting theories, it's up to developers and holders to build freely upon it.Magic Eden

🔜 What's Next?

The project will now shift to a community-centric governance model, with future developments and fund allocations to be decided by the multisig wallet signers.

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