1.1 Abstract
Solospace is a project with the ability to utilize the power of the blockchain and decentralization in order to expand upon and honor the true vision of a new financial paradigm. The free and decentralized people of the Earth have chosen to colonize a virtual world that will exist within the blockchain. Solospace is a virtual experience in the year 2032 with real world property ownership of the future that will allow its users to own property on the blockchain, in prime location.
Citizens of Solospace and early PACE adopters will be offered first rights to acquire land (ie: Property & Buildings) within SoloCity and become landlords in the city, where users can earn passive income and play in the virtual ecosystem.
1.2 Real Estate
Digital Real Estate has become a legitimate asset class, one worthy of investor consideration and is going to appreciate exponentially over the near term. Digital real estate exists inside virtual worlds, each is its own “digital nation.”
Imagine getting in on buying property in upstate New York in the 1800’s and this is the same kind of opportunity that is afforded here today as we move further into VR and the type of technological advents we see.
SoloCity will be the virtual city where PACE tokens can be used to purchase virtual land in SoloCity. Ownership will be recorded on the blockchain which makes it easily transferable.
A finite amount of Land Blocks “Property" will be sold similar to virtual living spaces and billboards within the framework of our system, which will have a number of different options in how you interact with the virtual world.