TL:DR
Progress is ramping up across the board, including major upgrades to our infrastructure, a marketplace decision that ties into something much bigger, and a quiet takeoff that says more than words ever could. Plus, some exciting movement around staking, the Creation Engine, and a community event with hidden perks.
Studio Update
Before we dive into the usual updates, we wanted to take a moment to speak directly to the community.
NetVRk made headlines during the 2021 metaverse boom, but what followed wasn’t hype. It was the hard reality of shifting markets and stretched timelines. While others pivoted or disappeared, we stayed. Quietly, steadily, we kept building: creation tools, AI, avatars, vehicles, cities, systems; the pieces of something bigger.
Now, the foundation is set. And what we’ve built is finally starting to connect.
We’re not chasing trends or promising hype. But this year, everything changes, because momentum doesn’t come from noise. It comes from execution. And that’s exactly where we’re headed.
This isn’t a reset. It’s not a rebrand. It’s a reminder:
NetVRk never stops.
— Mike & Linus
Last time, we shared the exciting news that we received $100,000 in strategic support from Google to enhance our hosting infrastructure. Now, we’ve begun implementing changes on our side to put that support to work. These upgrades will help improve server stability, scalability, and overall performance, ensuring a smoother experience for everyone in the NetVRk ecosystem.
Even more exciting: this is just the beginning. We’ve been approved for up to $350,000 in additional support over the next two years, giving us the resources to continue scaling NetVRk as usage grows and demands increase.
Development Update
We’ve made the strategic decision to delay the launch of the NetVRk Marketplace so that it aligns better with the upcoming $SILKAI TGE. While the marketplace is fully ready, launching it too early could result in limited activity. By timing the release around the $SILKAI TGE, we ensure an immediate and meaningful use case, as early supporters of SilkAI will receive special NFTs that can be traded on the marketplace from day one.
In the meantime, we’ll continue running additional tests and optimizations to make sure everything is rock solid once it goes live.
This approach strengthens both NetVRk and SilkAI, driving more engagement and value into our ecosystem. Read more about this decision in our X post.
We don’t want to say too much just yet, but yes, it flies.
Creation Engine
Work continues behind the scenes on the NetVRk Creation Engine, one of our most powerful tools for enabling user-generated content. While we’re not ready to reveal all the details just yet (yes, we know our competitors are watching too), we’re actively exploring a built-in revenue model for the first release.
We’re building something that doesn’t just let you create, it lets you shape entire experiences.
Blockchain Update
Q1 Staking Rewards
The distribution of Q1 staking rewards is right around the corner! Those who are eligible can expect to receive their rewards in WETH on Polygon within a week.
Q2 Staking Qualification
The opportunity to start qualifying for Q2 staking rewards will be available soon. Expect the staking site to be updated within a week so you can secure your eligibility.
$SILKAI Airdrop
While we haven’t set a final deadline yet, we can confirm that anyone who became eligible during Q1 is already locked in for the 3% $SILKAI airdrop. If you haven’t qualified yet, there’s still time, staking your NetVRk NFTs and fulfilling at least one of the two participation requirements during April will also secure your spot. Just remember: you’ll need to still be actively staking when the airdrop is distributed.
$NETVR Staking
The $NETVR staking system is fully ready, and we’re now aiming to launch it in alignment with the NetVRk Marketplace.
Community Update
We recently ran a poll on both Discord and Telegram to gauge interest in a poker tournament, and the results were pretty even. After reviewing the feedback, we’ve decided to host the tournament on the SilkAI side, but anyone from the NetVRk community who wants to join is more than welcome!
There might even be some special perks for NetVRk community members who take part, so stay tuned for more details.
