AMA Recap: The Crypto Blade x Space Metaverse

Adam is host
Guests:

1. Batis Samadian — Founder & CEO

2. Vita Pur — COO

3. Felix Mago — Head of Marketing

4. Gavin Li — Head of Tokenomics

Host: Welcome to The Crypto Blade Community

Host: First of all please introduce yourself, and share some information about your team, How big is your team right now?

Please write “done” once you complete your answer!

Batis Samadian: Hello Everyone!

I’m Batis Samadian the founder of SPACE together with this amazing team. I have been in and out of the blockchain space since 2013. I’ve been in a few tech startups working in SaaS, Wearables, Startup Incubation, and Last Mile Delivery. For the last 4 years I’ve been helping 100+ Startups launch their own businesses using our company builder software, Saffron. Most recently I helped Zapp become the market leader in the UK for last mile delivery. About 6 months ago together with our team we saw a huge opportunity for creating commerce experiences in virtual worlds. We are all very excited for the evolution of virtual worlds and the future of the spatial web.

We are now a team of 22 people coming from the Gaming and Blockchain world to create the next frontier of commerce experiences in a virtual world.

SPACE is cofounded by:

Amir Rahimi

Batis Samadian

Chance Glasco

Vita Pur

Felix Mago

Vita Pur — COO: Hi I am Vita, co-founder of Space, I have been in the NFT Space since 2019 and Metaverses since 2017 when I co-founded Somnium Space VR, a Social VR world that was among the first pioneers putting digital gaming assets on the Blockchain. I am also extremely excited about building SPACE a metaverse with working e-commerce and amazing events that will be coming in 2022. Stay tuned!

Gavin Li: Hi, I’m Gavin Li — Head of Tokenomics for Space. Been in crypto since 2017, NFTs since Cryptokitties. Managing partner in a venture firm focused on digital and NFT assets. Focused in play-to-earn economies, founded zer0axe gaming and esports guild. Bullish in this sector and even more so with our amazing high-caliber team.

Our team consists of professionals from the non-blockchain gaming sector, coming from companies like Call of Duty, Electronic Arts, CD Projekt Red. As well as, veterans in the play-to-earn blockchain sector, such as Somnium Space, Axie Infinity Guilds, OVR, and Chain Guardians. Excited to build an awesome metaverse.

Felix Mago: My name is Felix Mago, I am in the Blockchain and Crypto Ecosystem lead for Space (something went wrong with the title :D)

I have been in the Blockchain space since 2014 in many different projects. I have for example founded a Blockchain academy in 2016 and founded Dash NEXT — an Asia-based BD and Partnership arm within the decentralized Dash ecosystem. I am also a teacher for DeFi at UCLA. For Space and the Metaverse, I am super excited to help build what I believe will be the biggest job motor and the next iteration of the internet.

Host: 2: Can you please provide detailed information about the “Space Metaverse” project and How long you’ve been building this?

Felix: Allow me to answer in the name of Batis who seems to have some connection issues

Very recently we marked our 6 month anniversary since the Idea. SPACE is a commerce virtual world that enables creatives to make their own virtual store, subscription room, or ticketed event. We recently launched our Alpha product.

Host: 3: What are the main features that distinguish you from other projects and what competitive advantages do you have?

Felix: There are many!

- High end graphics

- Web based and responsive across Desktop, Mobile and WebXR

- Easy to build (creator tools)

- Easy to monetize (commerce functionality)

But that’s not all. We have various features that distinguish us from other Metaverse projects out there: firstly, we are a commerce-focused metaverse with lots of great partners from retail, fashion, art and Music. We believe that the Metaverse is the next iteration of the internet and that people need the tools that drive commercial value, business opportunities, jobs, and to create amazing new social experiences. On top of that, our team has top talent from different industries!

Vita: And don’t forget the events, as mentioned earlier we have some super cool announcements and partners coming in 2022. You will be able to immerse yourself into those on your phone, desktop AND VR. As for competitive advantage, it really is the amazing team that we put together.

Host: 4: Next, please share with us the development progress of Space Metaverse and its expansion plan in the coming time?

Felix: Sure, lots of exciting stuff to share

SPACE recently released its Alpha version product.

We have currently the fundamental features live with a long roadmap ahead for the vision of our product.

Current Features:

- Create Rooms with 10+ Room Templates

- Buy products and pay w. fiat

- Add to cart/Shopping cart

- Audio/Video/Chat features

- Add GIFs

- Add Emoji Reactions

- Add 3D Models w. Sketchfab

- Embed Youtube Videos

- Upload Multimedia Files

- Share room link

- Embed room onto Website

- Draw together

- Take selfies in the world

- Minimap

Q1 2022:

- Creator tools for Store, Ticketed Events, Subscription Room

- Onboarding of partnered brands

- Fiat & Crypto Payments

- Commerce functionality V2

- Avatar builder

and many more…

as you can see, there are many amazing things already build and in the pipeline!

Host: 5. Lastly, Each project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop a great project like yours?

Vita: I remember trying Second Life in the mid 2000s and I carried the idea of metaverses ever since. And with VR, Smartphones and Blockchain all becoming usable and mass adopted in the late 2010s it just all clicked in together and a Web3 metaverse accessible on all devices just made total sense! The DAO governance is just the cherry on top for a decentralised future.

Felix: I agree with Vita here and would like to add 1 more thing:

I have been working in DAOs for over 5 years now and always loved the concept, but wondered how long it would take for it to really take off. With the Metaverse, I believe we have finally found the catalyst. I see the Metaverse becoming the biggest job market in the next 5–10 years.

2nd Segment: Questions from the Twitter announcement:

6. Given the structure of your Metaverse concept and ecosystem, does your platform supports VR integrations? Can you tell us more about what we can do within the platform that can enhance our user experience?

Question by 0JeanWayne

Gavin: Web VR is supported along with Mobile Browser and Desktop Browser experience. Being a commerce metaverse, we focus on a very intuitive and immersive experience for users to engage in shopping and event-goers, which is designed with exciting social elements and gamification interactions.

With the explosion of virtual economies, there is a paradigm shift in the job economy towards digital and metaverse jobs opportunities. Space is building the infrastructure to cater to this by empowering user generated content. Our powerful builder tools will enable creators to build their content and businesses from the ground up very quickly, and monetize from this economy equally as fast.

Not to forget that all these are experienced in high definition graphics powered by Unreal 5 engine.

7. Hi sir, how will Space fight together with other decentralized metaverses to battle centralized ones such as Meta? What will make people already familiar with Meta/Facebook try an unfamiliar decentralized metaverse such as Space?

Question by Brian78779278

Felix: Great question, thanks.

Together with the other decentralized virtual world projects, we plan to create Open Worlds. A community driven open world is the way of the future. A world that is owned by its users, that is governed by its’ users, and rewards its’ users is the strongest competitive advantage any company can build. We want to open up our development to external developers as well and reward them through tokens for contributing code to our environment. The future of the worlds is supposed to be defined by its’ community and its needs and desires.

Gavin: That’s right. The power of community is essential in the decentralized space, as well as, giving ownership to them.

From a community angle: We recognize the value of an open ecosystem where projects can build on top of each other, allowing communities to connect which brings exponential growth to the network, and therefore value accrual to token holders.

And the ownership economy in a decentralized environment is also key to having an edge over incumbent giants like Meta. True ownership in your profile/digital identity, game assets, land assets, etc.

8. Partnership is always an important factor for every project. So who is your Space Metaverse partner, and who are your backers? What are the benefits you get from those relationships?

Question by FrontChairman

Felix: While the specific information about our partnerships and investors is about to be announced officially in a few days, I am happy to inform the community that we have to date strategically secured:

- Raised 7.5M$ from strategical top blockchain VC funds

- Built a team of 22 people coming from top companies

- Partnered with 100+ Creatives and Brands in the Music, Art and Fashion industry.

3rd Segment: Community round

Q1: Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?

Question by Deeanndowdy42

Space Metaverse: I love these questions and believe what we are doing is unique in many ways. Why? 1. Because our alpha version is out and we are testing our product standing and discussing “inside our product” How amazing is that? 2. We are just setting up feedback arenas to incentivize and collect direct feedback from our users! 3. Since the start of our project, we are following a data and customer feedback-driven approach. It is, in fact, the reason why we are creating a commerce-focused Metaverse with the great social and easy builder and commerce tools for everyone!

Q2: Can you list 1–3 killer features of this project that make it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?

Question by ZaidaAlger

Space Metaverse: Easy builder tools

- Amazing social experiences

- Utility NFTs and new concepts combining defi and NFTs

- Ability for everyone to create a business of get a job

- Amazing partners

more than 3 sorry, but we have so many

Q3: Tell Us a little bit About Your Upcoming

IDO

CEX Listing

DEX Listing

I'm Interested to join IDO It’s Possible?

Question by shallahisbests

Space Metaverse: We are just preparing the token launch. Expect something amazing!

Specific details will be shared shortly. But I can already say that:

- We are preparing Launchpad sale

- Immediate multichain listings and, correspondingly DEX listings right after

- CEX listing negotiations have already started

Q4: Have you been audited? Have not heard you talk about that security of funds is what every investor craves for and plans to escape in case of insecurity if funds, scams, and rug pull? How strongly built is your security put in place?

Question by Claretta_dix

Space Metaverse: We are currently undergoing security audits for our token deployment and vesting contracts. Several rounds of audits will be conducted for the critical and more complex smart contracts with reputable security auditing companies like Certik and Hacken.

Q5: How do you plan to spread awareness about your project in different countries where English is not good? Do you have local communities like Vietnam, Indonesia, Thailand, Korea,.. so they can better understand your project?

Question by VivianQuezada

Space Metaverse: Localization is next on our roadmap, we want to be strong in local communities across the world. Only that way we can empower everyone to do all the digital jobs that could and will be offered in SPACE.

Q6: Who is your project’s biggest rival? In the future, does your project have a plan to beat your rival or cooperate with them? I think that will be a huge step forward for your project.

Question by ChrisBurr1998

Space Metaverse: We will have an exciting announcement soon. One benefit of web3 is the common standards and interoperability so instead of rivaling other projects and competing with them we will try to agree on common standards that would make transferability of the avatars possible for example or seamless teleporting between worlds. That’s what we feel the decentralized metaverse should look like.

Q7: STAKING is one of the STRATEGIES to ATTRACT USERS and HOLD Them and long term. Does your GREAT PROJECT have a plan for Staking?

Question by elsierobins93

Space Metaverse: Yes, we will have staking. There will be liquidity mining (LP) upon the launch of the token. There will also be single-sided staking in our reward pool which is replenished from revenues generated in Space back to the reward treasury. The economics basically shares revenue back to token holders. On top of that, look out for partnership pools where you stake and get rewarded with partner project tokens as we collaborate and grow the ecosystem.

Host: Thanks Space Metaverse team for your time for our community and giving us oppertunity to host you