Next Earth Launches ‘Metaverse as a Service,’ Plans $60M Venture Fund

The project launched its own utility token, NXTT, at the end of January, which currently has a self-reported market cap of $181 million, according to CoinMarketCap. The token and NFT capital could self-fund the $60 million venture capital fund, said Taylor, who served as Next Earth’s token architect. However, Next Earth would rather build out its network through outside investors.