Tvk Coin: A Smart Investment Decision?

The Terra Virtua Kolect (TVK) token is a cryptocurrency that combines virtual and augmented reality with non-fungible tokens (NFTs) in the metaverse. It was founded in 2017 by ex-executives of Microsoft, Electronic Arts, Ocean, Warner Bros, and PlayStation VR. The TVK token has been described as a good investment due to its immersive entertainment platform, wide range of content, and monetizable user-generated content. However, it is important to note that cryptocurrencies are highly volatile assets, making them high-risk investments. The outlook for the value of the TVK coin is uncertain, with some forecast sites predicting a decline in price over the long term, while others expect it to gain value.

TVK's price history and future predictions

The Terra Virtua Kolect (TVK) token was launched on 16 December 2020, with an initial price of $0.06075. In the months that followed, TVK's price saw several spikes and drops. In mid-February 2021, it jumped to $0.4329, and on 15 March, it reached a high of $1.22. However, this spike was short-lived, as the price soon dropped to $0.2822 by 23 April. TVK recovered somewhat in early May, reaching $0.6762, but then fell again during a broader cryptocurrency sell-off, ending May at $0.1135.

The downward trend continued into late June, with TVK slipping below $0.10 and reaching a low of $0.07421 on 22 June. The token's value trended higher during the summer, but it failed to surpass the $0.50 mark, and a dip followed, with TVK falling to $0.1651 on 28 September. A late-November rally in prices for metaverse-related tokens saw TVK rise to $0.5466, but this was short-lived, and the price began a decline, ending the year at around $0.20.

In February 2021, TVK reached an all-time high of $0.92, but it has since corrected, trading at around $0.436. The current price of TVK is $0.1062, with a 24-hour trading volume of $209,921.59. This represents a 1.70% price increase in the last 24 hours and a 6.30% increase in the past week. The market capitalization of TVK is BTC349.5325, and it is ranked #954 on CoinGecko.

Looking at short-term technical analysis, CoinCodex identified 18 bearish indicators and six bullish indicators for TVK. The various moving averages were bearish, and the Hull moving average and volume-weighted moving average also showed 'sell' signals. Wallet Investor, an algorithm-based forecasting site, predicted a decline in TVK's value, estimating it could fall to $0.169 by the end of 2022 and further to $0.0245 by the end of 2025.

On the other hand, DigitalCoin projected that TVK would gain value, with an expected average price of $0.3248 in 2022, advancing to $0.3948 by 2025 and $0.8560 by 2028. Price Prediction's TVK/USD forecast was even more optimistic, with an average price of $0.81 in 2025 and a climb to $5.07 in 2030. It is important to note that price predictions can be wrong, and they should not be solely relied upon when making investment decisions.

The Terra Virtua platform

Terra Virtua is an ecosystem on the blockchain that combines the power of AR and VR with digital collectibles in one big immersive marketplace. It is the first truly immersive, blockchain-powered virtual and augmented reality (VR/AR) entertainment platform. It provides a unified virtual universe that exists on personal computers, mobile phones, and VR headsets.

The Terra Virtua ecosystem is built around different environments designed to allow users to fully immerse themselves in the things they love. The first environment is the Fancave, a user's personal space where they can view and interact with their digital collectibles. The Fancave can be customized to the user's tastes and will support social interactions in the future. The second environment is the Terradome, which is built to house life-sized vehicles, robots, and creatures from movies such as Pacific Rim The Uprising and Kong from the new Godzilla vs. Kong movie.

In addition to these two environments, Terra Virtua also provides NFT trading, a mobile app for using NFTs with augmented reality, and a PC application that enables users to view NFTs in 3D environments. The platform also allows users to generate, sell, and trade art.

Terra Virtua has a strong community and is supported by VR content developers. It is also secured by the Ethereum blockchain, although it migrated to the Polygon network in August 2021 due to concerns about the high energy consumption of Proof of Work blockchains.

The TVK token was launched in December 2020, and holders can join the Terra Virtua Prestige loyalty scheme, which offers gamification layers, allowing users to complete quests, enter competitions, earn badges, and create collectibles. TVK holders will also be able to participate in the governance of curated galleries and spaces and stake their tokens to create their own collectors.

The team behind TVK

The team behind Terra Virtua Kolect (TVK) is led by chief executive officer (CEO) Gary Bracey and chief technology officer Jawad Ashra. Bracey has worked in the games industry for more than 30 years at companies like Ocean Software, Digimask and Kuju Entertainment. Ashra previously worked in the mobile applications and energy trading industries.

In 2018, Terra Virtua initially developed applications and spaces for its metaverse but decided to scale back its ambitions and focus on the marketplace. In October 2021, Ashra wrote:

> "We wanted to bring digital collectibles to the mainstream, but build it with the ability to take those ‘NFTs’ — into more of an immersive world which is the ultimate direction for Terra Virtua. The Fancave, Terradome and Art Galleries were unplugged from the metaverse and made standalone as a way to introduce everyone to immersive spaces."

The Terra Virtua platform was founded in 2017. It aims to bring together virtual reality and augmented reality in the metaverse to use non-fungible tokens (NFTs) as immersive collectibles enabled by the blockchain.

Real-world rewards and virtual items

Firstly, let's talk about real-world rewards. Terra Virtua users can earn these rewards as part of the Prestige Club. This includes exclusive experiences such as meeting the creator of an NFT or buying a movie collectible. Jawad Ashraf, CTO and co-founder of Terra Virtua, gives examples of the types of rewards on offer:

> Imagine exclusive Game of Thrones finale merchandise available only during the episode. If you could grab exclusive team merchandise when a player hits a home run. Merchandise that becomes available at a concert during specific performances. Owning action figures that come to life — these are the types of things you will experience from Terra Virtua.

Secondly, virtual items that bring in real money. Terra Virtua creates and stores assets in the form of non-fungible tokens (NFTs). People are spending large sums of money to own unique digital collectibles, and the NFT gaming market is expected to reach $200 billion. As a result, the platform is well-positioned to support this growing industry.

Payment methods

To buy TVK, you can use a range of payment methods. These include:

• Bank account
• Debit card
• Credit card
• PayPal
• Digital gift cards
• Wire transfer

You can also use a range of cryptocurrencies to buy TVK, including:

• Bitcoin
• Ethereum
• Litecoin
• Bitcoin Cash

Frequently asked questions