AMA (September 21, 2022)
Title: ClubRare Metaverse Community AMA + Q&A Session
Date & Time: 8:00 AM EST on September 21, 2022
Participants: 40 people
Duration: Approximately 70 minutes
Long-Term Vision of the ClubRare Metaverse
WE AIM TO CHANGE THE WAY E-COMMERCE IS DONE
The Metaverse can solve e-commerce problems faced by collectors and creators.
We aim to completely redefine the e-commerce experience to make it fun for collectors.
THE TOWN CONCEPT: A DECENTRALIZED OPEN METAVERSE BRIDGING THE PHYSICAL AND DIGITAL WORLD
We are exploring a promising long-term concept: The Town
The Town will have several characteristics and will be composed of residential areas and activity areas in which members would be able to live their “Phygital lives”
How we want to Execute the Project
OUR METAVERSE EXECUTION STRATEGY: AIM HIGH, START SMALL, ITERATE AND IMPROVE
To build a solid product, we need to be agile, patient, flexible and creative.
The long-term vision being vast and technically complex, it is necessary to start the execution of the project with a reduced scope
of functionalities.
THE HOUSE CONCEPT IS DEVELOPED IN COHERENCE WITH THE OTHER ELEMENTS OF THE CLUBRARE UNIVERSE
Our team is currently developing the V2 of the marketplace (improving usability and reducing minting gas cost, etc.)
V3 version of the marketplace will integrate the My Room concept in the marketplace
Then, the first phase of the ClubRare Metaverse, “The House” will be released
Token economy will be introduced - through the adoption of the token burning model and utility functions
Focus on The House concept
FEATURES TO BE INCLUDED IN THE 1ST VERSION OF THE HOUSE
Advanced House building and customization capabilities, including NFT’s
Avatar customization
Simple quests
Basic integration of our existing marketplace
MPWR payment support
SOME TECHNICAL ELEMENTS TO BE AWARE OF
Monthly article presenting the development progress
Monthly AMA
Contest organization
Cool additional content
OUR COMMUNITY: THE CORE PART OF OUR ENTIRE ECOSYSTEM
THE IMPORTANCE OF YOUR ROLE AS A COMMUNITY MEMBER
Share with us your feelings about the project
Participate in the test phases and sharing ideas or improvements
Participate in the different votes that we will organize every month
Create content and contributing to the marketing of the project, especially by sharing the latest news or talking about it on
social networks.
OUR PLAN TO KEEP YOU INFORMED OF THE PROJECT'S PROGRESS
Monthly article presenting the development progress
Monthly AMA
Contest organization
Cool additional content
Q&A
1. We are curious about how far the development Metaverse has processed. Are there any plans to integrate with VR in the future?
We took the time to recruit the right people to develop this ambitious project and we started the different works. We aim to deliver the MVP of the House in February, but starting from now, we will share with you the different progress we are making as, again, you are fully part of this project.
Regarding the second part of the question, we will explore the future integration of VR, but we think it is still too early for mass adoption. Therefore, we will develop the 1st version of the Metaverse on the most simple tool, a desktop browser.
2. What is the level of graphics? It would be great if ClubRare could utilize some development processes' screenshots for marketing purposes.
After the vote we held, in which the choice to have a realistic design style was chosen, we launched several orientations on the different designs. This is a process that can take several weeks and iteration as our Art director need to find a good design. I can show you some examples but please note that these are only design orientations and that the final version may be completely different!
3. Any progress with The Sandbox? We are curious about the details.
We have plans to collaborate with different metaverses project and more particularly with our partner the Sandbox. I am personally close to The Sandbox team, and I have a good knowledge of their level of progress. As you might know they are still in the Alpha phase, which means that it will be several months or even years before a public version is available. We will be able to integrate with them as soon as we have made progress on our respective projects, and for that we need to keep developing the ClubRare Metaverse.
4. How will ClubRare create Phygital NFTs in the Metaverse? How would ClubRare respond to the growing number of Phygital NFT productions?
As you know, each of the Phygital NFTs available on our platform are linked to physical products. After being purchased, the product is sent to one of our 18 warehouses, authenticated and then delivered. We will use this principle for the Metaverse. In The House, you will have the possibility to customize your avatar and The House space with Phygital NFTs attached to real life product. Owning those Phygital NFTs will unlock specific elements for the users of The House. Of course, everyone will be able to trade these items on our marketplace. We also have a lot of very cool ideas, but we will share them with you once we have worked on it. We also need to keep some surprises for you!
Regarding the second part of the question, I am not very sure if I understand the question right. But the more authenticated physical NFT products we have listed in our marketplace, the better! Also, even if other marketplaces start listing Phygital NFTs, we have a very strong competitive edge which is our network “the control of the supply chain and logistics” through our network of 18 warehouses in the world.
5. Are there any specific plans to use the MPWR token in the Metaverse and prevent price dumping in the future?
As previously announced, the MPWR token will be the basis of the metaverse economy. The idea is not to create a "Pay-to-win" economy within the metaverse but rather to introduce mechanisms that allow long term sustainability. To do that, we want to attach to MPWR a maximum of use cases and utilities in order to create a demand, and increase the burn of MPWR tokens. Let me highlight a couple of clear use cases we are going to implement in the different versions of the House concept:
MPWR will be the token used to pay for the different objects to customize one's home. These items will be exchangeable on the marketplace.
We will introduce a mechanism of "consumable objects" that will have a key role in the metaverse and will accelerate the velocity of the token and therefore the token burn.
Quests and contests will be organized, with a clear rewards structure.
We also have other different usecases in mind, and we will work on them during Step 4 of the roadmap.
6. Do you have any promotion plans for the Metaverse at home and abroad? We are also curious about the workforce that will be put into Metaverse maintenance and what future recruitment plans will be.
In addition to the partners announced so far we have plans to cooperate with various partners and prepare various promotion plans in the second half of the year. Of course the MPWR token and the MPWR community will be at the center of it.
Regarding the workforce and the recruitments, we are continuously recruiting, and we are collaborating with external partners in various ways. Future hiring plans will be known through the ClubRare Career page. If you would like to join us, feel free to check the different opportunities and do not hesitate to apply!
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