Realy is termed as the first live-to-earn metaverse on Solana. Metaverse is the advanced extension of the web. Also called KOOOLA Virtual City, the platform begins in the physical world and progresses to the virtual space by setting up a new metaverse environmental world, “virtual is the future, and the future has come.” Realy emphasizes the modern lifestyle by incorporating real identities such as fashion businesses, graffiti artists, stylish toy labels, singers, and skateboarding manufacturers into the Metaverse.

Realy seeks to enable various public networks, such as Ethereum, to expand Metaverse products, allowing metaverse companies to provide hyper-realistic and engaging solutions to the whole web industry. The Unreal Engine 4 independent gaming engine is being utilized to create a hyper-realistic graphical virtual environment. An unreal Engine is a development tool used while working with real-time technology. The platform seeks to employ NFC IoT chips that are encoded and minted into NFTs and provide services such as anti-counterfeiting, one-to-one interaction, accurate verification, and trades among physical and online commodities. 

As per the whitepaper, Realy has partnered with Binance Smart Chain and seeks to offer solutions that specialize in real NFT trades. A decentralized DAO organization manages and operates the whole virtual space, and users are able to sign up, participate, and leave the independent company at any time. DAOs are software-based organizations that enable participants to share assets toward a unified purpose and engage in the value generated when such objectives are met. Also, Realy aspires to work with industry-leading software companies to assist visitors with all areas of Metaverse content, including virtual concerts.

$REAL is the native token for Realy. In Metaverse, the token is utilized for rewarding various actions and activities. The Realy Metaverse treasury distributes $REAL on a daily basis. In fact, the $REAL token aims to serve as a foundation for all crypto activities. Additionally, Realy Metaverse intends to build virtual towns, organize digital gigs, invite business IPs, and boost the number of users using Unreal Engine.

The official website launch of Realy NFT launched in December 2021 and released its IDO. An initial DEX offering (IDO) is a crowdfunding technology that allows crypto projects to launch their native tokens or coins through a decentralized exchange (DEX).