Recapitulation of Solice PROJECT AMA event held at AMA LOVERS CLUB.

Venue: https://t.me/amaloversclub
Date: Monday, 3rd January, 2022
Time: 14:00 UTC

The Solice PROJECT team was represented by @ChristianZH who judiciously shared with us detailed knowledge and information about Solice PROJECT.

1st Segment: INTRODUCTION

✨✨QUESTION1: Can you please introduce yourself and your background, also introduce the team working on Solice?

ANS: Hey everyone, I’m Christian, Founder of Solice.
My experience and background for crypto is since late 2016/early 2017, I actually started out as a crypto investor/enthusiast. Eventually about a year later I joined the Fantom team helping out with community building, fundraising and some documentations for Chinese <> English translations and vice versa. In the same year, I also joined a venture capital that was based in Taiwan. We invested in projects like polkadot, perlin, COTI, bitmax which is now ascendex. Then last year, I joined a local project in the Netherlands called LTO Network. What we did was mainly provide B2B solutions, blockchain as a service to local governments and organizations. Then earlier this year, before founding Solice, I was also one of the early founding team-members of solanium, one of the biggest solana launchpad atm.

Also, we have a very established VR team which is also known as VSWORK, they’ve served clients like HUAWEI, BAIDU, CHINA TELECOM ETC. And for the fullstack and smart contract devs. We are having experts previously from different blockchain projects but as well as talents from traditional giants like oracle, IBM etc. More details about the rest of the team can also be found at https://docs.solice.io/more/team

✨✨QUESTION2: Can you introduce Solice, what critical problems does it solve that existing solutions are not solving and what's the competitive advantage?

ANS: So currently I think metaverse, is still a fairly new concept which hasn’t yet to be defined. I mean everyone has their own opinion and view on metaverse and how it should be. Which is causing every gaming project out there calling themselves metaverse. For us, it’s really important to have the immersive experience when you speak about metaverse. So what we think is that, there are two ways to achieve it at this moment. One of them would be AR, bringing the metaverse into our real life and we interact with it, making it a part of our daily lives. The other one would be VR, immersing ourselves and going into the virtual world. Eventually building up your second live in a new world. And that’s what we are trying to do to solve the lack of immersiveness within a metaverse.

✨✨QUESTION3: Can you briefly describe your Partnerships, Backers, KOLs/Influencers so far?

ANS: Yes, we're super proud to have some well reputable investors and partners from the industry, The team has been very selective and careful when it comes down to who we work with and are more focused on a long-term vision that is aligned for both parties.

for more details you can read more about it over at our medium !
https://medium.com/@solice_io/solice-raises-4-36m-to-build-the-first-cross-platform-vr-metaverse-on-solana-e6645c3332a8

✨✨QUESTION4: Can you tell us about your earning mechanism? How can we earn in Solice?

ANS: So there are multiple ways actually, later into the metaverse we will include quests, gates & dungeons for users to clear that will reward the users. Also, Solice allows users to opt into revenue generation, with revenue models they can design themselves. A simple revenue model would be to charge an entrance fee for access to a piece of LAND or a building. For example, an art gallery, arcade, live concert, and personal NFT collection hall could all be monetized with this model. But we’re all still at an early stage and there is more content to be developed so stay tuned!

✨✨QUESTION5: Before we proceed, can you quickly share your roadmap?

ANS:

https://docs.solice.io/more/roadmap

roadmap can be found in our documentation! :)

✨✨QUESTION6: Can you give an overview of the Tokenomics and Utility of $SLC tokens?

ANS: So the Solice token will become a universal token for the metaverse, everything possible trade within the metaverse and on our own marketplace will require our token. Other than that, When we are releasing new assets in the metaverse, like a new avatar, pets, lands or anything else on our own platform, it will only be able to be purchased with our token.

Another very important utility would be staking, users can stake their tokens within the metaverse for example on their lands or pets to receive not just base APY but also a chance to obtain rare loot and materials like rare gemstones and other resources.

And ofc like most of the projects out there, the solice token will also act as an Governance token in the future, where token holders later can propose new ideas and vote on it to decide what kind of contents they want to see in the metaverse, or what the priority should be on the roadmap.
Tokenomics can be found here: https://docs.solice.io/more/tokenomics

2nd Segment: LIVE Questions

✨✨QUESTION1: 🤑🤑
I'm impressed that solice has precisely built the project on top of the SOLANA network. but I wonder if during the early days of development did solice only focus on a single network i.e. SOLANA? do you want to add more Blockchain in future besides Solana ? More networks mean more adoption!

https://twitter.com/sitiecahct/status/1477928784133341185?t=Pt7QlrIw4qVuFSpKRCwTaQ&s=19

ANS: I have been a big fan of Solana since the beginning. The performance of TPS, tx fees and everything around Solana fascinates me. And on a technical point of view, it’s one of the perfect solutions to build NFT projects and metaverse projects on.
For Solice, we are aiming to become “THE '' metaverse of the Solana ecosystem, so that when someone mentions about metaverse they’ll instantly think about Solice.

But we will definitely explroe into other chains for interoperability to enable more accessibility for our users and expanding the project!

✨✨QUESTION2: Solice allows users to have revenue models that they can design themselves, but could you explain what these revenue models can consist of, i.e. give us an example of what can be done and what can't be done, and if it will be mandatory for the user to have a revenue model?

https://mobile.twitter.com/SaritaaL_/status/1477988520044204033

ANS: Solice allows users to opt into revenue generation, with revenue models they can design themselves. A simple revenue model would be to charge an entrance fee for access to a piece of LAND or a building. For example, an art gallery, arcade, live concert, and personal NFT collection hall could all be monetized with this model.

Note that the revenue models are optional but not mandatory, LAND and building owners can also make the area free and accessible for everyone that simply wants to enjoy the game.

✨✨QUESTION3: In whitepaper , You have Said that Assets & LAND are blockchain-based virtual tokens representing physical parcels and objects of the Solice metaverse , Can
you please tell more about these ASSETS and LANDS , For What Purpose , I Can Use this ?

https://twitter.com/karry91408748/status/1477992918694518788?t=SQfFyFkvGVdp1leudvO4Ug&s=19

ANS: Assets & LAND are blockchain-based virtual tokens (Using Solana blockchain) representing physical parcels and objects of the Solice metaverse. It allows users to own a portion of the metaverse and thus be able to host content (examples are toll fees, mini-games, and tickets).

The Solice Metaverse is based on a map of fixed amounts of LAND (scarce). LANDS are physical spaces in the Metaverse owned by players to create and monetize any type of activity (free or paid). Every piece of LAND comes with a set of prebuilt terrains, but it can be transformed and modified by the user who owns it (or other users they invite to work on it).

LAND Staking: LAND owners are able to stake their SLC tokens on the LANDS that they own to earn rewards, and to have a chance to obtain rare materials/ingredients. Those materials/ingredients can be used to create rare scarce assets or to enhance the rarity ranking of an existing asset. The rare materials/ingredients can also be traded on the marketplace.

✨✨QUESTION4: How will You try to Give users their true ownership of their creation as NFTs?
How will You try to reward them for their creation?

https://twitter.com/Antonio_2875/status/1477984158483828736?s=19

ANS: Obviously the ownership will be represented by the NFT and users / owners of the NFT can do whatever they want with it.

Regarding in the future when we release the editor, we will be setting up a grant program to reward the users / content creators. They will also be able to sell their creations on to the market to earn revenue from it!

✨✨QUESTION5: In Future, Do You plan to bring Governance for the community so that can cast their votes for improvement?

https://twitter.com/Akira_23674/status/1477991425530753025?t=J58sJHiIKWtreuwOh_2ykw&s=19

ANS: Yes, this is on the roadmap. In the future users will be able to vote and put up proposals and possibly shift the focus of the roadmap and developments.

✨✨QUESTION6: Hey 😄🙋‍♂
The trailer of Solice is Sick 🤯. I loved it! When we can experience it? Will you release the Beta version before launching it officially?

https://twitter.com/arnavxx5/status/1478005782251638788?t=0pjYfdvOWNL0cyT29gihXg&s=19

ANS: We aim to have our soft launch in late Q1!

✨✨QUESTION7: As Solice is a Cross Platform VR metaverse,
It also has a VR team which is known as VSWORK,
Can You tell more about this VSWORK team?

https://twitter.com/Ashwini_crypto/status/1477988405040402435?t=AlYcgCEGBpyuwfCxiH8xyQ&s=19

ANS: VSWORK was founded in 2018, the company was focusing on the creativity and innovation of display design and digital technology. The team currently consists of 40 full-time employees, providing users intelligent exhibition and display services, including virtual exhibition and display, creative design, interactive multimedia, digital film and television, system engineering utilizing the technology of AR & VR!

✨✨QUESTION8: There are so many metaverse projects coming out. Does SOLICE think there will be an interaction between the different metaverses? Could there be collaborations or partnerships? Or will there be more competition?

https://twitter.com/adaatalay24/status/1478006034501443588

ANS: Yes, so we currently have a working demo for the institutional investors but we are aiming to do our soft launch in Q1 2022 which is going to be very soon. The idea is to keep on building, improving and releasing new content every patch. Regarding collaborations and partnerships, yes we are definitely open to it, not just with GameFi or other metaverse projects. But we are also open and looking for the right DeFi, social and other elements that can fit into our ecosystem/metaverse.

Follow Us On Our Various Social Media Communities For More Update👇👇👇

Our social media links are as followed:

Telegram Announcement: https://t.me/solice_io
Telegram Lobby: https://t.me/solice_io_chat
Instagram: https://www.instagram.com/soliceofficial
Twitter: https://twitter.com/solice_io
Medium: https://medium.com/@solice_io
Discord: https://discord.gg/solice
YouTube: https://www.youtube.com/channel/UC_VuN3l6avYReGx9Cdg0h1w

Just sharing the new trailer for one last time

https://www.youtube.com/watch?v=X6yRlLaMEtM

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