Real-world tethering is a major problem for the blockchain industry as a whole. Most users are simply incapable of perceiving the value of a digital asset if it has no bondage to collateral – a vestige of classical economics, which is impeding the adoption of digital currencies.
The development of Non-Fungible Tokens was one of the first major steps in the decentralized industry aiming at bridging the gap between the real and digital economies. Many projects were developed, leveraging NFTs in attempts at binding them to collateral, but most eventually either failed or reverted to fully-digital concepts.
But while many NFT projects today lack real-world value, Alóki disrupts the market with a game-changing project that is tied to real-world nature – an asset shared, valued, and understood by all. The property users can digitally and really own exists in reality, as Alóki platform members can visit the location and use all its benefits while capitalizing on the success of the NFTs they hold.
Alóki is one of the few projects advancing the adoption of blockchain in conjunction with sustainable development by basing its premise in the jungles of Costa Rica. The Alóki Sanctuary hosts a stunning digital rendition of over 750 acres of rainforest, complete with stunning vistas, thriving wildlife and meticulously sculpted natural habitats and ancient structures left by civilizations long gone. The Play-To-Own embedded as the core concept of Alóki allows players to become the owners of a plot of land in the jungles of Costa Rica, with all the possibilities for business and personal development therein.
The Alóki Sanctuary is intended to become a haven of safety and peace of mind for all seeking to escape the bustle of our world in the embrace of Mother Nature. The serene ambience and breathtaking beauty of Costa Rica make it the ideal place for such a real-world-bound project, considering that over 27% of the country’s landscape is dominated by protected reserves and national parks. Further underscoring the environmental and sustainable development initiative concept of Alóki is that Costa Rica derives 98% of its energy from renewable sources.
The Alóki metaverse in digital space will mimic all actions taking place in its real-world counterpart. Just one example of such parallelism is the planting of over 11,000 trees by the project within the Sanctuary since its launch. In the near future, buildings and even coworking housing venues will be built on the plot, giving users visiting the Sanctuary access to amenities, such as cafés, pools, yoga and meditation rooms, gyms and more, all of which operate as real-world businesses.
The Play-to-Own model that Alóki has adopted connects land plots to NFTs that users own and therefore sponsor. The range of activities that users can engage in actually focuses on environmental initiatives, with the blockchain serving as an infrastructure for accessing Web3. As such, the NFTs of the Alóki project become more than just digital tokens, but rather mementoes that holders can relate to in times of longing for the plots of paradise waiting for them in Costa Rica.
Alóki is the product of combined efforts on the part of an all-star cast of developers, including Bartek Lechowski, the ex-CMO and Board Member at IKEA. Benjamin Saxe – the world’s best sustainable architect has also joined forces along with Martyna Lipińska – the game dev of Witcher 3 and Cyberpunk 2077 to make Alóki a reality and allow those joining the Sanctuary to experience nature and ownership like never before on the blockchain.