On 13th of May 2022 at 2:00 PM UTC Crypto Talkz hosted AMA with The Metalife
🌟Mr. Ryan – CEO of The Metalife shared us the Details about ‘ The Metalife ‘ and it’s Unique features… 🌟
Host : 👋Hello Chat , Welcome to another exclusive Crypto Talkz AMA❤️
Today we are also very pleased to have the CEO of The Metalife with us to talk about their current development and progress! Hello @Themetalifeceo 🙂
Ryan : Hi guys thanks for having me here 🙂
Host : Welcome here .It’s a pleasure to have you here, thanks for joining us 🙂
It seems a busy day for The Metalife?
Ryan: Yeah lack of sleep lately lol
Hope u guys all good
Host : That’s great to hear!!So, without making a delay…Let’s start our AMA with basic Introduction Segment 🙂
First, Can you make a brief introduction about yourself and the Metalife?
Hi all nice to see u here. Im the CEO of The Metalife and this project is about shaping the real metaverse in the future which today we feel like the word metaverse itself only become a sexy jargon without people genuinely knowing the core value of it.
The Metalife consist of plenty veterans in blockchain and gaming industry assembled as one, some of us are more than 6 years been developing blockchain and crypto projects, and some of the teams are more than 15 years building, developing, publishing games from indie level games to AAA level Games
So yeah, we are not new kids on the blocks 🙂
Can you tell us more about Metalife and how it differentiates from other projects?
As we believe by only creating play to earn games, doesnt make you creating metaverse and playing play to earn games doesnt make you enter the metaverse.
The world is currently in the earliest stage of building metaverse, I simply call it “primitive” metaverse. While the dream of perfect metaverse we call it as the “utopia” stage maybe still decades away from now. So there is huge gap in between, thus someone somewhere in this world should start developing the “transition” metaverse in between that. Which one important key of it should no longer carry the spirit of just playing games, but truly living inside it instead. Thats why we introduce the world a “live to earn” concept as we believe “play to earn” will be obsolete very soon
Thats us The Metalife as a pioneer of Live to Earn concept which will help revolutionizing the metaverse development progress in the world. We will make people immigrate to the metaverse and start their new life and grab new opportunities to do business, work, trade, socialize, and so on
Another strong point from us is we will become the first metaverse that replicates and duplicates real life situation and carries multiple types of NFTs inside one platform and each type of NFTs carries their own unique usecases, just like in the real world people have multiple types of asset class with different real functions
May I ask at this point, how far is the progress that the team has achieved considering that this is relatively new project?
Sure, we will discuss that partnership question at the end 😄
We have been working and developing The Metalife for the last 9 months but we focus on delivering and making sure that all the dreams will work. So we dont do public fund raising in the early stage like other common projects, but we focus to work first and show the results, then we let the world know our existence and let them have the opportunity to join the movement together. So yeah, we are not that “new” but we were focusing on the work first
Thats why we now have finished our Pre Alpha version and some global influencers and youtubers already tested and tried the platform.
The public will be able to try our web-based version which will be released very soon, as we will launch our NFT too and to get the whitelist is to enter The Metalife and complete some tasks in the game
We have also tested our backend compatibility and integration capability of our DeFi and NFT marketplace with the platform which is quite challenging but we unlocked the tech to support our goals
You mentioned about multiple types of NFT in The Metalife with different usecases, can you explain that?
Yep that’s the most interesting part. Nowadays NFT still stuck in selling arts and community hype only
While on the other hand, the common blockchain based games that we know are all p2e concept, doesnt represent real life condition. The NFTs usually only 1-3 types to support the game, for example a dragon slaying game usually consist only 2 types of NFTs (the character, and the equipment), or a car game just consist of NFT engines and the Character
In The Metalife, all assets in our real life condition will be available to mint too. Citizens of The Metalife can have, upgrade, produce their NFT Properties, Equipments, Pets, Rides, Arts, Lands, Persona, Jewelry, and so on
Each of it will be useful in the platform and carries their own unique utility to support each citizen’s life inside the metaverse
And lastly,Is there any bullish information that hasn’t yet been made public that you can share with our community for ‘exclusive’ news before we wrap up our first segment?
We have secured partnerships with other blockchain and NFT projects across the world to support The Metalife’s growth and we are glad that those partnerships are mutually benefiting each other
We have also secured co-branding partners with some local brands and artists in more than 10 countries, some of them are singers, painters, sculptors, and actors. They will release their first NFTs in our platform!
The Metalife with its Live to Earn concept will be the game changer in the metaverse development progress
Host : Thanks for that well detailed introduction about The Metalife❤️
Q1. Do you have Whitepaper if yes, please share it with as secondly do you have plans for pre-sale? Now where can we Join it? – @Sabiha35761702
Yes of course, actually it’s quite sad at this stage there are still plenty projects doing fund raising with only showing roadmap without whitepaper.
Well, you can digest all important informations from our website www.themetalife.life and you can check our Whitepaper too, its not a short simple Whitepaper so you can absorb many good parts in that document.
Presale is also currently LIVE in the website too, or you can go here directly www.themetalife.life/sale and if you participate in the Presale you will automatically whitelisted to mint our NFT soon, this is a shortcut to bypass the grinding process to get whitelisted 🤫
The barrier of entry is quite low, only 0.5eth to participate 🙂
Q2. Most investors are focusing on the token price with no real understanding of the use cases and long-term value of the project. In this case, what are the benefits for investors in holding token? Is there any plan to increase demand for in long term?please tell me – @HajrotA79630776
We have plenty of scenario and strategy to maintain and protect the price, we call it Price Protection Mechanism and you can see it in the Whitepaper too
We will have the DeFi integrated with the platform to push down the selling number of $MIFE and encourage people to recirculate the token inside the metaverse
We also have Cheating Mechanism in the platform once we release it, making people want to burn the token to get more benefits in the Live to Earn world and making more money inside the metaverse
Token Burning Mechanism will be done regularly too, and the powerful part is we will have another supporting token for the platform to do our Counter Inflation Mechanism to makesure the price volatility in exchange doesn’t too much affecting the economy inside The Metalife’s metaverse
Yeah, we are very serious in developing this metaverse!
Q3. You said that the concept of “Play to Earn” will be obsolete and The Metalife needs you to “LIVE TO EARN”. How will your concept of “LIVE TO EARN” upgrade and improve compared to “Play to Earn”? Can you explain how it works and how to make profit with “LIVE TO EARN”? – @Lidiamga
Play to Earn derived from the name itself is when people playing games and they get rewarded certain amount of token by doing the repetitive game tasks, the players tend to get bored easily and usually are just short term players who play multiple other p2e games, not staying to one game. They make money from it occasionally in the spare time and thus it doesnt represents metaverse
However Live to Earn is where we try to shift people’s behavior from spending majority in real life trying to earn money, they can now do it in the metaverse with plenty of new opportunities. We dont create a game to do certain repetitive tasks, we make people live there, capable of doing business, open job vacancy, applying for jobs in metaverse, trading goods and services there, compete their NFTs, socialize, and many more
There will be limitless possibilities to earn income in The Metalife as we are creating the future of metaverse here
Q4. I’ve learned about many metaverses, but none of them describe how the metaverse’s interactions would work. So, could you tell me how users in your metaverse would interact? What process is required before entering your metaverse? – @JenneyJ10
They must have NFT Persona to enter The Metalife, which will be minting soon and we will announce it in all social medias
The Persona is an NFT and will become your character in The Metalife and it represents your new life there. This NFT works like pass to immigrate into the metaverse, each NFT Persona will have random status that will determine you Persona level either you are a commoner, rare, legendary, or godlike Persona
The Metalife is an open world and free roam platform, people can interact with anyone anytime inside the digital events of without any events. Just like playing The Sims and GTA but combined, and become The Metalife
Q5. I read that The Metalife would replace the Play-to-Earn concept with Live-to-Earn. This is very interesting to discuss because this concept is very fresh sounding. Can you explain how that concept will apply to The Metalife? What makes it different from P2E? How does the profit system work? – @Lavana2016
As people living inside the metaverse, they must find the similarity of living in the real world. People dont shoot each other in real world, they dont breed dragons, or let their cars crashing to each others’ cars in the street. Yeah, thats a manifestation of common game.
We dont do that in The Metalife beacuse we dont to that in real life situation. The Metalife is a real life situation metaverse like living your life but in a digital world
Thats what makes us unique, treat this as the new world new life with new opportunities. People will spend hours and hours of screentime in The Metalife because this new life will give them new hope and new experience of living inside digital world. The Metalife will let you truly live in the meta consciousness digital world
Telegram Live Segment
There are several types of NFTs within The Metalife platform so tell me what types of NFTs can we find within your metaverse? On your page you say that your NFT assets will be multipurpose but how will your NFTs have various uses?
Every NFT in The Metalife will carry their own use cases and since the platform idea is to offer Live to Earn concept. Thus the Persona just like ourselves in the real world need to be upgraded too
The Persona is an NFT that will be first generated by The Metalife. Just like the creation of this world that God created all the platform, after that He created human, and afterwards human created multiple asset class
Just like here in The Metalife, we develop the platform and Persona become the NFT as yourself and after that the rest of other NFTs will support the specs and status of Persona in its life. Making is more valuable and usefull, thus making it easier to earn more income
The more NFT you’ve got, the more money you can earn. The higher the NFT spec, the easier to will earn income in the metaverse
On Your Twitter Post , You Have Mentioned about Your Private sale,
Is is still live or it has been Ended?
How much Funds have been Raised?
We are now in the Presale stage and the barrier of entry is very low. To participate only cost you 0.5eth and maximum contribution is 8eth per wallet
You can check www.themetalife.life/sale for the perks of sales. Including the auto whitelisted for NFT minting and the bonus token and the lower price token. We will go full steam ahead soon and make sure you don’t miss it
According to the Q2 2022 roadmap you will continue with Global Campaigns & Community Events. So, what kind of campaign are you planning and how can I participate in this campaign? What are your plans for cultivating a diverse community around various technologies and preferred art styles?
As we are now moving towards the NFT minting while also still doing the Presale for people to jump on board the future success of The Metalife, we are aware that global campaign needs to be done
That’s why we have secure multiple partnerships with Crypto companies and communities, as well with NFT communities across the globe. This includes those who are doing arts and non arts NFT
We have partnered with local artists in some countries and among them are singers, actors, actress, collectors, painters, sculptors, composers, and many more. This info will be made public one at a time, just stay tuned
Which network is your token launched in and do you guys have plans to expand to other networks to appeal to other users preferences ??
We still choose Ethereum as it is a block chain that has proven it’s robustness by thousands of dApps and developers, vast ecosystem, resources and developer supports.
The ease of using it, capability and interoperability, more secure and most validated network, are the three main reasons we still choose using Ethereum as the core foundation
However, moving towards other protocol to complementing the platform will also become options, but first we will do it on Ethereum
❇️ I understand that within Metalife each Persona will be a NFT, but will these personas have a pre-established design or can they be customized or designed to our liking so that they can differentiate us?
Every NFT Persona will be uniquely designed, but the most important part doesnt lies only on the design or the art, but the specs of the Persona that will randomly generated
There will be 4 class of Persona. Common, Rare, Legendary, Godlike
And each Persona consists of 4 statuses embedded in the character as follows: Physical, Wisdom, Charisma, Talent
The pre established parts are the design and the statuses. But the looks of the Persona inside the platform later can be adjusted when first logged in, and the equipment can be customized with the NFT Equipment in the platform
Host : Thanks for diving us deeper unto The Metalife. Chat thanks also for those great questions.
Its time for Wrapping Up, any other things you want to share with the community? @Themetalifeceo 🙂
Thanks guys for the awesome questions, I believe we can’t answer it all due to time constrain but everything should already be catered in our website and documents
Just make sure don’t miss the opportunity to jump on board in presale as we will rock the metaverse world and let people see that this Live to Earn concept will change the game
Stay tuned for mo updates especially our incoming NFT mint that people already waiting
📌 Here below are links for you to get the latest update about The Metalife