Gollum of Metaplace dropped by to talk to Andrew, our Editor-in-Chief, about the exciting things they have been working on and to take some questions from the community.
To celebrate the AMA, five members from our community who took part in the question-and-answer segment were selected to win a share of prizes worth $100!
If you would like more information about Metaplace, please visit their website at http://metaplace.finance/.
Andrew: Alright, @gollumbsc has joined us from the Metaplace team! Let’s get this AMA started!
Gollum: Yep! Let’s get this party started!!
Andrew: I’m going to mute the chat for the time being so you can tell our wonderful community about Metaplace.The peanut gallery has been muted!
Andrew: You ready for this @gollumbsc?
Gollum: Yeah ready 💯
Andrew: Great! First things first, what is Metaplace and where did the concept for the project come from?
And community, don’t forget, I’ll be unmuting the chat after I ask all my questions so you can ask yours! The first five questions that @gollumbsc answers will get some of that $100 prize! 🤑
Gollum: Metaplace is a decentralized all-in-one online marketplace with integrated feature of metaverse, enabling buyers to physically examine goods through virtual reality.
It’s fair, secure and innovative all the way. It helps in taking control of your shopping now, with virtual reality experience examine your goods before making a purchase.
We take our inspiration from large marketplaces like Alibaba, Amazon, Craigslist, Facebook marketplace and Opensea NFTs to make it more convinent an seamless experience. While a centralized marketplace is inefficient in many ways, some decentralized marketplaces also lacks the ability to meet supply and demand.
Andrew: That’s so cool! I’m always nervous to buy shoes online because I’m afraid I might not like the way they look. Sounds like your project would solve that for me!
Gollum: haha yeah let me share explainer video
Andrew: Oh yes, please do!
While you snag that link to send us, I’ll get your next question added to the chat. There are so many projects out there. What makes yours unique and why should people invest?
Gollum: You can find the explainer video here: http://metaplace.finance/
Andrew: Wow, that looks legendary! The graphics are super cool and you can drive a legendary car! How sweet!
Just in case you missed it, here’s your next question: There are so many projects out there. What makes yours unique and why should people invest?
Gollum: Thanks for the positive feedback, just to inform everyone our team don’t compromise on quality 🙂
The economic structure of Metaplace is effective and efficient, in a way that the marketplace automatically comes back to optimal functionality equilibrium through the help of invisible hand which differentiate us from other projects.
As I explained already our inspiration is came from renowned online marketplace like craigslist/amazon/olx though they are not offering metaverse utility which differentiate us from such platform and we have plus point that adidas recently joined metaverse utility. Metaverse is an inevitable thing nowadays!
Andrew: Cool! Sounds like you guys have a solid plan in place.
Gollum: Yeah project without proper plan does not make any sense to sustain for long term.
Andrew: Speaking of a plan, your project roadmap is ambitious and filled with awesome checkpoints. What are some of the future developments you are most excited about?
Gollum: If you take a look into roadmap you will find very interesting features including bet-testnet app which is going to be live in Q1 2022. That will completely changed the dynamics of traditional marketplace.
Similarly, our mobile app will make easiness for blockchain users and provide next level of experience.
Top of that CEX listing is another milestone and we are excited to announced that our marketing team is not left behind XT.com our first partner, upcoming CEX listing more interesting:)
Andrew: Gosh, you guys are working on a lot! That’s awesome to hear! Plus, a mobile app. Nice touch. I always love projects with a mobile app because it makes it so much easier to engage with on a regular basis.
Gollum: Yeah quite obvious!
Andrew: I did take a gander at your roadmap. It looks like you guys are going to have staking pools. What will that look like and what are you thinking the APY will be?
Gollum: Interesting question, metaphase and Chainlist reached partnership in which both parties are committed to share their expertise and technology transfer, that enables seamless and flexible staking for metaplace community and metaverse utility for chainlist community.
These staking pools will offer at max an APY of 500%. Users will also don’t need to pay any tax fee on their staked MPC tokens. Besides, no time frame will be set for the minimum withdrawal limit, users will be able to withdraw whenever they like.
Key features
- You can stake your $MPC at any time you choose. You can stake any amount of $MPC you wish;
- Once staked, the contract will deliver a reward continuously for as long as tokens remain staked;
- You can withdraw any amount of staked $MPC tokens without any locking period.
- You are free to stake additional amounts at any time
This is how our staking platform looks:
Staking platform is ready to go live after presale ends, please visit: staking.metaplace.finance
Andrew: Nice! That is a bit different from other staking pools out there. Pretty solid APY right there as well! Plus, it’s already ready to get rolled out after the presale, nice!
Gollum: Yeah 500% is the least APY while I believe it will start with a big number.
Andrew: That’s a great number!
Getting a little deeper into your project, it’s a permissionless decentralized marketplace. How do you integrate the metaverse component into your platform?
I know you’ve explained some of the use cases, but how does the metaverse tie everything together?
Gollum: Metaplace is a permission-less decentralized marketplace integrated with metaverse.
It is peer-to-peer e-commerce that requires a minimal fee and eliminates Middleman. thus eliminating the need for a middleman authority to end-user and freedom of power using our governance platform.
Our community can create a proposal here: gov.metaplace.finance
Andrew: Cool that you also integrated a governance element!
Gollum: Metaplace specializes in multiple different products including regular goods, real-estate, and financial tangible and intangible tokens.
We are the first marketplace to offer such diversified products in a single platform, that too, with integrated metaverse.
Now whether you want to purchase an electronic device or a piece of property, you can physically examine or visit the site. Our virtual reality will make it possible.
Andrew: That’s so cool. I’d love to be able to do things like that. Can’t wait to try it!
You mentioned your community in your last answer. What are some plans you have to grow and engage your community?
Gollum: We encourage strategic partnership and technology sharing. Our marketing team managed to co operate 3 different partnerships including Cex listing xt.com, BerryData, and Chainlist even before presale which ultimately provide strength and results in community growth.
Furthermore, if you take a look into our roadmap we have strategic partnership at every quarter of the year.
Andrew: You guys must be tired! You’ve been really putting in the work!
Gollum: This is called teamwork with clear vision 🙂
Andrew: You’ve got that right!
Talk to us about your team. Who do you have involved and how will their unique skills help Metaplace succeed?
Gollum: Everyone knows me as Gollum. I’ve been a huge supporter and promoter of the Binance Smart Chain for over a year now. I’ve been into crypto since 2016. I am the Founder and CEO.
Speaking about team, metaplace is composed of a group of cryptography geeks from all over the world, and have been part of well-known organizations.
Our tech team spans across the globe, from Europe, Asia, US, UK, Hong Kong, Australia, SG.
Andrew: That’s great! Sounds like you have a pretty legit team. Seems like it since you’ve already accomplished so much!
If everything goes as planned, where do you see Metaplace in the next year?
Gollum: We will lead in metaverse utility for sure 🙂
Andrew: Love to hear that!
Andrew: Alright, it’s just about time for our community to start asking some questions!
Gollum: Sure i am ready!
Andrew: Before I turn the chat back on, where are the best places to follow your project and join the Metaplace community? Give us all the links!
Gollum: Social Links:
Website: http://metaplace.finance/
Application: https://app.metaplace.finance/
Whitepaper: http://metaplace.finance/whitepaper.pdf
Medium: https://metaplacebsc.medium.com/
Github: https://github.com/metaplacebsc
Telegram: https://t.me/metaplacebsc
Twitter: https://twitter.com/metaplacebsc
Instagram: https://www.instagram.com/metaplacebsc/
Facebook: https://www.facebook.com/metaplacebsc
YouTube: https://www.youtube.com/channel/UClWF4GacAbidx_r9iZUItiw
Reddit: https://www.reddit.com/user/metaplacebsc
Also, we have presale in just few hours here is the link to join presale: https://www.pinksale.finance/#/launchpad/0x5d139b36dD558119A22eD620dE265659e795062a?chain=BSC
Andrew: Nice! Perfect time to get ready for that presale!
Hey community, be sure to check out all those links and join the Metaplace community!
Now, let’s open up the floor for community questions.
Here’s how it will work:
- I’ll unmute the chat and give everyone about two minutes to submit their questions
- After those two minutes, I’ll mute the chat again
- @gollumbsc, you can then go through and answer your five favorite questions
- Those five questions will be our $100 prize pool winners
- You can then stick around and answer a few more questions if you have time
Community Questions
Captain Monster: I saw that Metaplace’s liquidity is locked for 20 years. 😳 How is that possible?
Gollum: Yeah liquidity is locked for 20 years to avoid rug pull for more detail you can check it here: https://www.pinksale.finance/#/launchpad/0x5d139b36dD558119A22eD620dE265659e795062a?chain=BSC
Andrew: Nice question right there @Cap_Monster and good research!
Akii Boy: As you think who is #Metaplace’s main competitor?
Gollum: For decentralized applications, we are the first mover we do not have competitor in the market. Though in digital assets OpenSea is our direct competitor.
Hao Nguyen: SECURITY is always mentioned in any project, so how will you protect the risk of losing money or leaking information?
Gollum: In order to ensure funds safety & security our contract is audited by two different audit firms Certik & solidproof here are the links:
https://www.certik.com/projects/metaplace
https://github.com/solidproof/smart-contract-audits/blob/main/SmartContract_Audit_Solidproof_Metaplace.pdf
Captain Monster: Is there any $MPC burn plan? If have, how does it work?
Gollum: Our contract do not provide burning utility while we encounter this functionality with staking.
Akii Boy: Can you tell us more about the $MPC presale? What’s the minimum & maximum limit for contribution? Does it has a vesting period?
Gollum: Presale Detail:
Official Contract: 0xd6bb010019c9d3ea177e6d2e9af7938c6e53da55
Private sale price 1 BNB = 17,325,000
Presale Price: 1 BNB = 16,500,000
Public listing price: 1 BNB = 14,850,000
Liquidity = 20 years
SC/HC = 1000/1799BNB
5%: Private Sale
30%: Presale
20%: Liquidity (locked for 20 years)
10%: CEX listing (Provide liquidity to Centralized exchange gate.io/binance locked for 1 month)
2%: ILO fee
20%: Staking pool (2 months reward duration)
5%: Strategic partnership & Airdrop (locked for 6 months)
6% Marketing & Development (locked for 6 months)
2% Team tokens (locked for 1 year)
Join Presale here: https://www.pinksale.finance/#/launchpad/0x5d139b36dD558119A22eD620dE265659e795062a?chain=BSC
Andrew: Awesome! Thanks for answering all those @gollumbsc.
You can stick around a little longer and answer more questions if you’d like! Thanks for joining us and sharing about Metaplace! Looks like it’s going to be a really cool platform!
Gollum: I am done. I have other commitments.
Andrew: No worries! I’ll now unmute the chat and bring our community back in. Thanks again, @gollumbsc!
Gollum: It was great to communicate with new people about our project and educate them about metaplace and what our team is building within their capacity! Thanks for having us!.
Andrew: Looking forward to seeing you guys do great things!