H1 2023

Announcement on ClubRare’s Detailed Roadmap for H1 2023

Announcement on ClubRare’s Detailed Roadmap for H1 2023

ClubRare is a project that aims to create a whole new ecosystem of commerce and physical distribution connecting the Real World and the Metaverse world based on Web3 technology. To become a leading NFT Marketplace and Metaverse project by unfolding business activities centered on its products, ClubRare plans to strengthen its products further and carry out various growth campaigns and partner onboarding activities in 2023.

After experiencing various fundamental problems which caused shockwaves in the crypto market in 2022, many evaluate that the recession will be continued. However, ClubRare thinks this is the moment to distinguish between good and bad and will devote ourselves to sharpening the product.

As the first step, we are announcing our detailed roadmap for 2023, specifically from February to April.

1. Product Launch Plan (February - April 2023)

1-1. February 2023: ClubRare Marketplace V2 Public Launch

• ClubRare Marketplace V2 will offer improved UI/UX centered on Phygital NFTs and will make security and performance improvements on the backend and smart contract side.

1-2. March 2023: The House Closed Beta Launch

• The House is the user’s personal 3D-based Metaverse space that will be interconnected with ClubRare Marketplace. Users can customize their own 3D space with the Phygital NFTs they own and also use the Marketplace services from the Metaverse.

1-3. April 2023: My Profile Closed Beta Launch

• My Profile is a 2D-based Metaverse that allows users to easily create Phygital NFTs with the physical items they own as well as display and customize them in their own space. Users can easily transfer physical items they own to the digital world by simply taking a photo of the item.

2. Sub-Product-specific Launch Plan & Introduction

2-1. February 2023: ClubRare Marketplace V2 Public Launch

• ClubRare Marketplace V2 will offer improved UI/UX centered on Phygital NFTs and will make security and performance improvements on the backend and smart contract side.

• We plan to reflect on creator-centered usability improvements by collecting various opinions from creators, such as making the process of creating and searching Phygital NFT easier.

2-2. March 2023: ‘The House’ Closed Beta Launch

• The House is the user’s personal 3D-based Metaverse space that will be interconnected with ClubRare Marketplace. Users can customize their own 3D space with the Phygital NFTs they own and also use the Marketplace services from the Metaverse.

• The House is a Metaverse platform specialized in shopping, thereby providing brands, creators, and collectors their own ‘Showroom’ space that is easy to onboard, customize, and share with others.

• In The House, creators and collectors can display and decorate their own virtual spaces and trade their Phygital NFT collections.

• All items that users display in their spaces are Phygital NFTs. The Item NFTs used to decorate the spaces are in the form of Digital NFTs that can be converted into Phygital NFTs later on, which can be purchased with MPWR. The MPWR tokens used for purchases will be burned according to the token-burning economic model.

2-3. April 2023: ‘My Profile’ Closed Beta Launch (formerly ‘My Room’)

• My Profile is a 2D-based Metaverse that allows users to easily create Phygital NFTs with the physical items they own as well as display and customize them in their own space. Users can easily transfer physical items they own to the digital world by simply taking a photo of the item.

• My Profile serves as a bridge between ClubRare Marketplace and The House. In My Profile, users can create and decorate their own ‘Display Window’ and attract other users to enter their spaces in The House. Decorate your own ‘Display Window’ to boast your space in The House.

• Thanks to the Dynamic NFT technology, the Phygital NFTs created with ease in My Profile will be converted into 3D in The House and other forms that suit the environment of other Partner Metaverse platforms. Again, My Profile acts as a medium that makes it easy for anyone to create Phygital NFTs and connect them with other platforms.

3. Shopping Metaverse Platform - ClubRare 2.0

Furthermore, in 2023, ClubRare is set to unveil an unequaled Shopping Metaverse platform by integrating the three above-mentioned products.

ClubRare 2.0 - Shopping Metaverse for Collectors and Creators

With ClubRare 2.0, an integrated platform that organically connects ClubRare Marketplace, The House, and My Profile, users can directly shop NFTs, share them on their personal Metaverse space, and even participate in staking and other economic activities without hassle. In short, users will have an all-in-one Shopping experience at ClubRare 2.0. ClubRare 2.0 will present an unprecedented shopping experience that did not exist on e-commerce platforms.

The goal is to become a leading platform using differentiated technologies — Dynamic NFT technology that enables seamless movement between 2D and 3D spaces and Phygital NFT Creation Engine based on Generative AI technology that assists anyone in converting real-world items into high-quality Phygital NFTs easily.

3-1. May 2023: Integration of ClubRare Marketplace, The House, and My Profile

3-2. June 2023: Announcement of the Token Economy 2.0. After the announcement, Token Economy 2.0 will be integrated into each product.

3-3. H2 2023: ClubRare 2.0 Public Launch (Further service improvements and marketing activities with ClubRare Partners will be accompanied)

ClubRare will continue to announce new partnerships following the product development status.

Although ClubRare’s Ethereum-based global expansion plan, which was being prepared over the last couple of months, has been affected by the deteriorated market conditions, we plan to promote business growth in earnest with the sequential product release plans between February and April. Additional news on MPWR will be announced in February, and another piece of news will be delivered during the NFT.NYC conference in April.

We will also continue focusing on the Korean market based on the Klaytn network and provide as many opportunities as possible. ClubRare (https://clubrare.xyz) is a global product with 2/3 of its users in North America and Europe.

Lastly, here is a heads-up about the upcoming news in February.

• In February, additional news on MPWR will be announced.

• In February, ClubRare’s new partnership will also be announced.

• In February, liquidity expansion of AGOV and MPWR is scheduled.

• Continuous product launches will be conducted over February, March, and April, and additional news will be strategically disclosed until the NFT.NYC conference scheduled in April.