Definition: Terra Virtua

An NFT marketplace based in London. Launched in 2017, Terra Virtua, which means "virtual earth" in Latin, provides mobile, augmented reality and virtual reality access to its platform. The Terra Forma toolset is used to create 2D, 3D and animated images, and virtual venues known as Fancaves allow users to showcase their creations.

Terra Virtua's native crypto token is the Terra Virtua Kolect (TVK). Holders of TVK receive rewards and discounts, unique Fancave features and access to exclusive events. Initially using the Ethereum blockchain, Terra Virtua switched to Polygon. See crypto glossary and Polygon blockchain.

The Stephen Colbert vFlect

In November 2021, The Late Show host Stephen Colbert wrote an explanation of an NFT on the brown paper bag his lunch came in and called it an AFT to stand for "actual f***ing thing." Terra Virtua created 10,000 numbered copies of this image for an auction to support DonorsChoose, which provides materials for public school teachers. (Image courtesy of Terra Virtua Limited.)