Altcoin Alerts x Realy AMA Recap
Altcoin Alerts Community had an Ask Me Anything session with @LeafYe77 (CMO) from Realy on 16th Nov 2021
Segment 1: Realy Introduction & Q/A with Altcoin Alerts Team
Altcoin Alerts: Hey @LeafYe77, Altcoin Alerts Community welcomes you
@LeafYe77: Hi everyone!
Altcoin Alerts: Thank you for joining us today. Would you please introduce yourself to the chat?
@LeafYe77: Hello everyone, I am yomiko, CMO of REALY. I have served as the market leader for many good projects, such as oraclechain, marlin, tidal,fio, findora etc.
Altcoin Alerts: Nice
What is REALY Metaverse?
@LeafYe77: Developed through the Unreal Engine, it will be a virtual city comparable to 3A games.
We mainly focus on street culture, and will issue NFTs including fashion branded items, art toys, rap music pieces, graffiti arts, and items/IPs with skateboarding and many other street culture elements. We will also have many collaborations with celebrities and famous names.
The REALY metaverse merges the virtual with physical, seamlessly connecting your virtual and real-world life.
It might be easier to understand if I share with you some snapshots of the REALY metaverse:
Later, we will upgrade the Bearaches (our highly anticipated limited edition NFTs releasing this week for sale) to 3D versions, and it will become the virtual pet in Metaverse, which will be the first, limited edition functional virtual pet NFTs in REALY metaverse, a status symbol of users’ metaverse identities.
More details, We will announce the cooperation with a music godfather, he will release the first Nft with realy, and these Nfts will be collected in the gallery of realymetaverse.
Altcoin Alerts: FASCINATION at its peak
@LeafYe77: thanks! it is!
Altcoin Alerts: What’s the difference among REALY Metaverse, Sandbox, and Decentraland?
@LeafYe77: Let’s take the virtual real estate (core products of the metaverse) as an example.
Metaverse like Sandbox and Decentraland, their land blocks are virtually and visually isolated. Users cannot access their land block by building and walking on connecting roads like they would in real life or 3A RPG games.
In comparison, REALY metaverse was built with hyper-real 3D city life in mind, adopting the urban planning and the Japanese “metabolism” theory as the core ideologies.
The REALY metaverse will be born with commercial value logic with extra attention to users’ overall metaverse experience. For example, users can build roads and connect their virtual real estate such as lands, shops and residence together.
Altcoin Alerts: Sounds interesting
What types of NFT releases will REALY metaverse have?
@LeafYe77: Digital fashion items, 3D art toys, virtual sneakers, music pieces and crypto arts will be the key NFT categories.
We have also established official collaborations with well-known fashion brands like Revenge, Cactus Jack, and some well-known art toy brands like Doraemon, Snoopy, Instinctoy, and some well-known musicians and artists, we will release their virtual or physical NFTs in time.
All of these NFTs will be able to be worn on users’ avatars, displayed in their digital home, and traded in the gallery and market places. Some NFTs will also become usable equipment in the metaverse, such as skateboards, cars, and spaceships could be used as transportation tools in the metaverse. NFTs with additional features include other NFTs such as users’ virtual pets (our Bearaches).
Altcoin Alerts: What are the most distinctive and advantageous aspects of REALY?
@LeafYe77: Our core advantages and characteristics are limited edition and REALY only avatars of collaboration artists and KOLs, virtual functional products, virtual concerts, which brings in brands and artists collaboration, and so on, truly merging city life and street culture into the metaverse.
Towards the non-crypto users, we can bring them to our metaverse through their favorite celebrities and KOLs’ collaboration events. We have already signed some rappers, artists and KOLs in China and the United States, and will gradually launch exclusive virtual concerts, exhibitions and exclusive NFTs for them. Please stay tuned for these.
Altcoin Alerts: Amazing
Many of our members might be interested, Why can REALY get investment from so many top institutions，such as Multicoin Capital, Alameda Research, Three Arrows Capital, and many more.
@LeafYe77: First of all, the recognition of our top organizations must be based on the product, vision, team, etc.
We actually have a lot of things that can be displayed, such as virtual clothing, avater; and the game itself has been made for more than a year, and it is expected that next year Q1 can be launched on the PC terminal; I believe that doing everything well is one of the reasons for the approval of the organization.
Altcoin Alerts: Impressive! There are some well-known names
So do we have the opportunity to participate in REALY Metaverse now?
@LeafYe77: Of course. Realy’s whitelist contest started on Nov 12th, and will end on 30th this month；you can check our Twitter for more info；btw，get a bearache can have the airdrop.
Each Bearache contain a VIP membership of the REALY Metaverse, and Bearache holders will have numerous exclusive membership benefits, including priority rights for limited NFTs.
Altcoin Alerts: Will REALY launch tokens? What is the Tokenomics?
@LeafYe77: REALY will issue metaverse’s governance token — REAL. The REAL token’s tokenomic focuses on two aspects：
One is to incentivize the operators of metaverse’s lands and shops, who will get REAL tokens according to numbers of active users and trading volume on their lands or shops. The more active land owners will get more airspace and underground development rights, all towards building a hyper-real functional 3D city.
The second aspect is community governance. REALY Metaverse will be a democratic virtual community, all decisions related to users’ interests should be decided by votes of users. Further, the right of construction of each land parcel will be granted to the land parcel owner. Hence, where land parcel owners can together vote for decisions on structures circumventing multiple land parcels with different owners. Stakeholders can participate in voting by staking their corresponding REAL tokens.
We will officially launch IDO at the end of this month, please stay tuned.
Altcoin Alerts: Excited for it
What are the future plans of REALY?
@LeafYe77: A REAL METAVERSE
Altcoin Alerts: That’s really thrilling
At last, let’s review how to follow Realy and reach the team
@LeafYe77: Join our telegram and follow our twitter.
Segment 2: Twitter Questions
Q1. As Facebook changed its name to “Meta” Metaverse once again became the focus of the market.On November 19th, Odaily Planet Daily & Realy jointly organized META THE WORLD A Guide to Metaverse Tour So is this event open to all and can you give a brief information about this event?
@LeafYe77: This event is open to all so welcome to join us.
Here is an medium story about the details in this even for your reference:
We invited lead players of the Metaverse and the lead capital of the layout of the Metaverse track, and you will be open your path to your “Metaverse” “Second Life.”
Q2. Users can use the Realy platform to “create, collect and trade NFT assets of the New Luxury”. Can you explain what you are referring to as “NFT assets of the New Luxury”? Does this mean that the Realy platform is used for a specific kind of NFTs?
@LeafYe77: You can understand in this way. realy is not building a platform for all NFTs, though we still have a wide range of NFTs like we mentioned before: Digital fashion items, 3D art toys, virtual sneakers, music pieces and crypto arts.
Q3. I saw that the main concept of #RealyNFT is virtual clothing. I just wonder, will you involve well-known brand designs like Nike? or just virtual NFT clothing that is made independently without a brand? What are your plans regarding the development of virtual clothing?
@LeafYe77: Actually, virtual clothing is just a tiny part of realy’s NFT, it was designed for our avatar in really metaverse. And our first patch of virtual clothing is designed by Maison Emerald. Nike is possible, any brands is possible. And as the development of realymetaverse, we will surely have more brands to collaborate, more IPs, more celebrities, anything makes you feel trendy.
Segment 3: Realy Q/A with Community
Q1. Many blockchain projects are just on paper and have no real meaning. What practical product is REALY using? What plans do REALY have for a better product in the future?
@LeafYe77: REALY already has up and running anti counterfeiting solutions since 2018; we also have REALY store apps; for metaverse, the team is building with demo to come very soon; not to mention we have NFTs (some released already) and a lot of big names IPs coming.
Q2. Trust and security is very important in any business , what makes investors , customer and users safe secure when working with your project?
@LeafYe77: Each NFT chip contains a uniquely generated hash that’s stored on chain; the hash itself can’t be reversed or “hacked”; if you are referring to whether the NFC can be cloned there is always such risks as tech advances; as a team we can only continuously always try to improve upon it; constantly building and staying on top of the game.
Q3. Can you list the most important features of your project that set it apart from its competitors in the same field? What advantages do you believe in the most in your project?
@LeafYe77: We believe that Metaverse must be a combination of the virtual world and the real world. There is an advantage that NFT assets with a real brand, which is the biggest advantage of our team.
The distributed economy still relies on many creators, which is also our advantage. Street culture includes rap, street dance, skateboarding, streetwear, arttoy, and many fields, each of which takes innovation as its uniqueness and soul. Therefore, we also have many creators who can create economy in our meta-universe.
Gamefi focuses on earning in the early stage, which is a variant of defi; and in a long time, it must be more playful 。 Therefore, an experienced game development team is required. Our core development team has more than 20 years of game development experience, and has done various games such as RPG and strategy games.
Q4. Is your project only for elite investors, what about others with small funds, is it open to everyone?
@LeafYe77: it is open for anyone as it is built for everyone.
Q5. Can you tell us about the strategy that your project will follow to attract a few billion people who are not yet familiar with crypto? Do you plan to build many local communities for this?
@LeafYe77: Of course, our team members include Canadians, Americans, Vietnamese. ambassador plan will soon coming!
Q6. 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?
@LeafYe77: Participant from different stages of the project is very important for us. For now, we have feedback channels for users to hit us with more ideas. it is always good to have people providing suggestions, it means the team is with the community. so yeah, users know what we are doing and want to make it better, I think that;s the ideal type for most of the team.
Q7. In terms of community, there is still a large audience in the gaming world who are not aware of the crypto and blockchain industry. What is #realy plan to reach these people and make your voice heard by all gamers?
@LeafYe77: we are doing games, though it is built over blockchain but as long as it’s a good game, players will find us.
Q8. Can each artist really set the price of their collectible as they wish? #RealyOfficial will carry out a study and evaluation of the art, in order to establish a maximum price of this non-fungible tokens? thus allowing affordable prices for users?
@LeafYe77: price are adjustable and it’s eventually set by the market. it’s not a one man’s decision and really will grant creator right to set the price of their own work. that’s reasonable and we also provide advices.
Q9. To become a Smart Contract requires: instant, no-fee and private transactions, can REALY meet these 3 difficulties?
@LeafYe77: we are building in Solana, so. yes we met these difficulties and solana solved it.
Q10. What are the best aspects of “REALLY” in your opinion? Is there anything unique about “REALLY” that we can’t obtain somewhere else? Where can we keep up with all the latest news and updates from REALLY?
@LeafYe77: the live-to-earn concept, resources accumulated by years experiences in fashion industry and the team. it’s not something can be simply copied and worked.
Realy Useful Links:
Telegram Group: https://t.me/realyofficial
Telegram Channel: https://t.me/realyofficialann