Crypto Players India

Sep 15, 2021

5 min read

AMA Recap — Metaverse Land

Announcement poster of Metaverse Land.

The session of AMA ( Ask Me Anything ) with Metaverse Land was conducted on 12th September 2021 at 7:30 PM IST (2 PM UTC) and lasted for 1 hour.

ADMIN ROUND

I welcome both of you on behalf of Crypto players India team, hope you will enjoy today’s AMA session.
Very excited to have you with us.😊

Jonty|Host
Please tell us about yourself and the team working on Metaverse Land?

Daniel James
I am Daniel James from Metaverseland, we are a team of over 10 guys in the team, the project was founded months ago. We are developing the world-first metaverse platform for Minecraft lovers.

Jonty|Host
What Metaverse Land project is about? How it works, Give a detailed introduction.

Daniel Bass
Hello, I am Daniel Bass. Happy to answer this question!
Metaverse Land is a cross-platform gaming network where players can design their own land and buy or sell digital assets using MTLand Token. It is based on the Minecraft gaming platform. The Metaverse Land NFT marketplace is a decentralized exchange where users can buy and sell their land NFTs from Minecraft.

Jonty|Host
How players can design their own land and buy or sell digital asset using MTLand Token?

Daniel Bass
Players can connect to the Metaverse Land server using the Minecraft Java Edition game. They can build land, design and find items in the Minecraft game. Players will buy and sell their lands and items like NFTs through the Metaverse Land marketplace.

Jonty|Host
Metaverse is a play-to-earn gaming platform that rewards gamers for their engagement, with the promise that “the more you play, the more you earn.” Is this Platform only for gamers? Are there any other methods to earn money here?

Daniel Bass
This platform is for everyone who loves to play Minecraft.
You can earn money by creating their land and trade it with other players via Metaverse Land exchange.

Jonty|Host
As the presale of the token has been scheduled today. Where can we buy it? What is the total Hardcap ??How much is the minimum amount for the purchase? And also share the contract address.

Daniel James
Yeah, it will take place on the Dxsale platform. This is a decentralized fundraising platform, the hard cap is 400 BNB which is equal to ~ 165k$ Min & Max Buy: 0.2 BNB — 1.5 BNB. Here is our smart contract which is successfully audited: https://bscscan.com/address/0x08c5b1F3dd50950006700E31edd8631FC64f6F60 The remaining tokens have been locked to Team Finance for up to 3 months. The team will not hold any tokens at TGE, a part of the fund raised (80 BNB) we will use to re-buy $MTLAND on Pancakeswap, this is the so-called Buy Back Plan.

COMMUNITY ROUND

Rachel Rachel
Do you have a token burn or buyback program plan to attract investors?

Daniel Bass
The team will not hold any tokens at TGE, a part of the fund raised (80 BNB) we will use to re-buy $MTLAND on Pancakeswap, this is the so-called BuyBack Plan.
Daniel James
Yeah, we will have a small amount of tokens left to burn, and also since we do not have any tokens at TGE, we will use 20% of the fundraised to buy back $MTLAND, team allocation has been locked for 3 months, we do not have it at TGE. 80% of the fund raised will be locked for 3 years in Liquidity Pool.

Azad
NFT is getting more popular now a days. It looks NFT has bright future. So do you guies have any plan to include NFT to your project?

Daniel Bass
All your land in Minecraft will NFTs, all you can do that join our server: PLAY.METAVERSELAND.APP ( please connect it via Minecraft Java Edition, not your browser)

NOMAN
How big is your team and are you a global project or is there any restriction ?

Daniel James
Yeah, we do not have any restrictions, for now, everybody in the world deserves to play-to-earn, we are a US-based team, but our members come from different countries.

Alice King
Most investors focus only on the short-term price of the token instead of the actual value of the project. So what are the benefits for long-term investors in project?

Daniel James
We know that there are long-term and short-term investors. What the MetaverseLand team needs to do to convert them from short-term to long-term ones is to build an excellent game where people can enjoy P2E. We have run our game test net, for now, it takes time.

Lynette Mccarthy
Only getting users, holders etc is not everything. In my opinion, a project needs to deal with solving a real world issue or problem What is the problem that your project primarily focuses on?

Daniel Bass
The problem is all Minecraft players can not earn money from this game. We did it successfully by help all Minecraft players can buy or sell NFT Land in Minecraft.

Me
Are you planning your project in the future in a country or region where English is not good? Do you have a local community for them to better understand your project? If yes, please share with us?

Daniel James
For now, we only have a global community. We have been proposed so many times to build a local community, we will be able to do that very soon. Cause no project can succeed without a good community. Thank you for your idea.

Sharyl Obryan
What is your strongest advantage that you think will make your team leading the market? and In contrast, what is your weakness? How do you plan to overcome it?

Daniel Bass
We are the first Minecraft Blockchain Server but the weakness is about community, we need all people to support this project.

Pagol
Do you have tutorial videos so we can get to know your project more clearly or do you have a YouTube channel or something? can you share it with us?

Daniel James
Yes, for now, we got a trailer. This is typically for Minecraft lovers, but we have a basic tutorial in our docs, whitepaper. We will have more videos released to guide people in a detailed way.

Eaive — C2
Many projects only focus on the price of their tokens in the market but not on the utility of the tokens, and can your tokens deliver real value in the world?

Daniel Bass
We are focusing on in-game experience. The value of the project is you and all players!
Daniel James
Yeah, our pleasure to have an AMA with your wonderful community. We may apologize for the very short time we could have here since our presale is coming very soon. Hopefully, in the future, we will have more events together.

The AMA recorded many great questions from the Crypto Players India community, as well as meticulous answers from our guest Daniel Bass Daniel James from Metaverse Land. AMA Concluded at 8:30 pm IST.