Recapitulation of NetVRk PROJECT AMA event held at AMA LOVERS CLUB.
Date: Wednesday, 1st September, 2021
Time: 14:00 UTC
The NetVRk PROJECT team was represented by @DDanielK who judiciously shared with us detailed knowledge and information about NetVRk PROJECT.
1st Segment: INTRODUCTION
Q1: Can you please introduce yourself and your background, also introduce the team working on NetVRk?
ANS: Hello, I am Dan Kennedy, the Chief Marketing Officer of Netvrk. My background is in marketing and real estate, as well as in the music and entertainment industry.
Our team is comprised of Michael Katseli, our CEO. His background is in engineering and game and tech development. Our COO Linus Chee, has a background in graphics and game design, and is a gifted artist. Our Lead Advisor is Jonathan Wernick, who is a Chartered Accountant that also has a legal background.
You can view our entire team at netvrk.co
Our team consists of over 30 people at the moment, with varying areas of expertise.
Q2: Can you introduce NetVRk, what critical problems does it solve that existing solutions are not solving and what's the competitive advantage?
ANS: Netvrk is a metaverse built on the blockchain that allows users to monetize their creations. We offer an intuitive sandbox editor that allows users to create their own assets and game, and then monetize them. Our Virtual Land also allows users to build and monetize their land in several ways, including renting, advertising, and deploying games and experiences on it.
The exisiting metaverses like Decentraland and The Sandbox are just very limited and too basic to do the things users want to do. By being built on Unreal Engine, we're able to have a very high capability and very rich graphics, compared to them. The ability to participate in Education, Business/ Ecommerce, in addition to Gaming and Socializing, offers very wide array of areas users can participate in.
Q3: Can you briefly describe the top milestones you have achieved and your target milestones with timelines, also share your roadmap?
ANS: Our Virtual Land Sale, which is currently going on, is one of the biggest.
We finished our Land sale on Trustpad, ChainBoost, and Poolz, over the last several days, and are happy to report everything listed SOLD OUT and set new records on each platform. For TrustPad, we were their biggest sale EVER, and raised over $1 MILLION alone just on their platform.
We have five more launchpads to announce in the coming days, that will give people the opportunity to purchase Virtual Land.
2nd Segment: LIVE Questions
Q1: Everywhere I go now, all I see is NetVRK land. I bought the Phase 1 of the land sale through a friend of mine but since he passed away, I have been clueless about what the Land is and what it is used for. Can you please enlighten me about this and why I should get more land on NetVRK ?
ANS: I am sorry to hear about you friend passing away. The Virtual Land Sale will be held on 5 more launchpads and platforms, stay tuned for announcements!
One of the upcoming Launchpads!
Q2: Within the Netvrk community, LAND is a valuable commodity in the VR world just as it is in the real offline world. Can you tell us how the LAND of the Netvrk can be purchased? What tokens can we use to purchase LAND? What are the utilities of the LAND on the Netvrk community? And will the LAND be transferable just as it can in the real world? If yes, what are the processes involved when transferring a LAND from one user to another?
ANS: Virtual Land can be rented, sold, or monetized. You can monetize your Virtual Land by opening a storefront, or deploying a game or experience that people pay to play.
Also, Virtual Landowners also benefit by getting a share of revenue generated by the Netvrk Marketplace, as well as a portion of Virtual Land Resales.
Virtual Landowners also are able to vote on governance issues, with Virtual Land bearing weight in the voting system in Netvrk.
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