20 questions answered — AMA with Core Team of Reality Metaverse!
Our AMA sessions are gaining popularity, allowing our members to connect with our team interactively and informally. However, not all questions can be answered during the live session due to the abundance of topics and time constraints. So with this article, we addressed the unanswered additional questions you submitted in the recent AMA with our team to provide the community with the information they were eagerly seeking. Let’s dive in and take a look at the question we have been asked.
Question 1.
JustNFT — 05.07.2023 at 5:09 PM CET
“Which requirements you need to complete to be on Binance listing and Binance NFTs?”
We are already accepted on Binance NFT, but they do not support ERC 1155 on Polygon yet, so we are working on a technical workaround.
In regards to the Binance listing, it is all about the volumes. Once we have enough volumes, we will be able to open a discussion with them.
Kucoin and Bybit and 4th and 5th largest exchanges currently on CoinMarketCap. We are in discussion with 30 top exchanges, and our plans to go on the top 3 (Binance, Coinbase, Kraken) is our end goal.
Maciej Burno — CBDO and Co-founder of Reality Metaverse
Question 2.
Lordisme — 05.07.2023 at 5:21 PM CET
“Can u please explain the recent huge fnft transfers to top players which mostly doubled their fnfts profile? Are those players from RM or real players? If so, what was the promotion that landed them so many shares of most of the biggest profitable and popular fnfts? What is your opinion on the huge transfer that will greatly affect investors that don’t get a chance to get those free fnfts in large copies?”
Hey, the transfers you noticed are to RM team wallets, with the NFT’s being transferred according to our vesting schedule. We did not want to hide those addresses from the leaderboard to make it more transparent for the community!
Filippos Drogitis — Head of Community
Question 3.
Ryon — 05.07.2023 at 5:20 PM CET
“Can RM create custom one-off NFTs of locations and landmarks for collectors that would not be of general interest but would be of interest to that collector, for example their hometown or a building in their city?”
Great question! Our mission to create the Metaverse is completely grounded in reality. We have already completed the first component, the World Map, and the second component, the Points of Interest (POI) database, is also complete. We have a powerful data engine called Big Dots within Reality Games, which collects over 500 million Points of Interest. However, to ensure a smooth user experience (UX) and user interface (UI), we have decided to use around 50 million POIs in games like Landlord Tycoon and GO, as 500 million would be excessive.
I have a few slides that provide a more detailed description of Big Dots.
Our ultimate goal is to turn each building into a separate NFT (non-fungible token), but we plan to achieve this in stages. Initially, we aim to include the top 2,000 famous locations, eventually expanding to 10,000. Further down the line, we envision having over 1 million NFTs.
In our Reality Metaverse, we aspire to construct a World Map where each country functions as an island, and every city is divided into no more than 49 blocks, each measuring 500 square meters.
If your personal building happens to be located in the city center, there is a possibility that it will be minted as an NFT. However, we are mindful of the legal challenges associated with this process and are committed to ensuring that it is done correctly.
Zbigniew Woznowski — CEO and Co-founder of Reality Metaverse
Question 4.
🏝 -| Paradise |- 🏝 — 05.07.2023 at 5:18 PM CET
“Will the gas fees for opening Lootboxes become less in the future?”
Hey, the gas fees do not depend on us but on the congestion at the Polygon network, which our NFTs exist on.
Filippos Drogitis — Head of Community
Question 5.
0x199X — 05.07.2023 at 5:15 PM CET
“Does RLTM staking have many advantages, sir? rather than having multiple NFTs that generate in-game benefits?”
Yes! First, you are earning staking APR, which will be quite high, but the biggest incentive to stake is to let us add more games to the ecosystem, which will enable even more royalties to your NFTs down the road.
Maciej Burno — CBDO and Co-founder of Reality Metaverse
Question 6.
apelsinnemandarin — 05.07.2023 at 5:14 PM CET
“How will royalty and staking work together? This will eliminate separate accruals, can one NFT be used for royalty and for staking in different games?”
You can use your royalties and stake them to maximize your ROI and allow us to build more utilities to even further increase your royalty revenues. We aim for all of our NFTs to be used in all games, the same as one token (RLTM) for all games.
Maciej Burno — CBDO and Co-founder of Reality Metaverse
Question 7.
🏝 -| Paradise |- 🏝 — 05.07.2023 at 04:55 PM CET
“Can you tell more about Weather Challenge? At the moment it is not downloadable. It has been downloadable/playable in the past. But the game didnt went great so they shut it down. Same with Food Truck Tycoon and Speculate. These have been playable/downloadable in the past. But they are offline now. What will happen with these 3 games? Will they be back again?”
Ok — a few words about those games:
Speculate — we have a working prototype, and it looks very promising.
Currently, we are exploring the concept with brands of companies (divided into about 50 categories), Celebrities, Movies, Music, and Influencers.
Food truck — the game is in alpha mode, we have tested on a 20k players group, but we have decided to freeze this title until we advance our map system for all games. The game is dedicated to casual players (Tycoon genre).
Weather challenge — we launched the game in 2018. It was featured by Google, and in 3 days, it has gained over 100k players and quite good ratings. We have decided to shut it down after 4 weeks because we have based monetization strictly on in-app purchases instead of ads. So the game went to the freezer. It was also a crucial moment when we had to human resources for Landlord GO. The new version for crypto looks very promising, and it has a very understandable monetization model thanks to RLTM.
Donut Trumpet is a funny project — where we can again try to get significant attention. It’s a copycat of Landlord Tycoon (the original version from 2015). It should be treated as a MEME -and if the main character starts fighting for the presidency…it can fly really high ;)
Zbigniew Woznowski — CEO and Co-founder of Reality Metaverse
Question 8.
rczkz — 05.07.2023 at 4:57 PM CET
“What’s 8 digits number investments? Ref program? What if we refer ourself? Security for same ip will detect it right? Because i hate cheating people. And for the badge, what will be badge utilities in the future?”
Our company has recently secured a substantial investment from multiple parties. While we cannot reveal the specific names of the investors at this time, we can assure you that their support will greatly benefit our project. When we mention an “8-digit investment,” it refers to a significant amount of funding that falls within the range of millions to tens of millions of dollars. This capital will enable us to expand our operations, accelerate our growth, and further enhance the development of our project.
The referral program is designed for you to refer friends, family, and other people who do not already have an account on realitymeta.io. Our security measures will likely detect if you refer yourself or anyone using the same IP address. We take cheating and dishonest practices seriously, and if someone is found to be violating the terms of service, their participation in the referral program and any future programs may be terminated or restricted. Maintaining fairness and integrity in the program is essential to ensure a positive experience for all participants.
In the future, our renewed badge system will come with enhanced utilities and benefits. We are currently in the process of carefully evaluating and discussing the privileges associated with each level. Our goal is to create a clearer and simpler understanding of how to earn these badges while also ensuring that the privileges are meaningful and relevant.
While specific details are still being finalized, we can assure you that the badge system will continue to hold its value and significance.
Mirheydar Badirov — Social Media Specialist
Question 9.
Adbunny I NFT Feed — 05.07.2023 at 4:31 PM CET
“Since regulators tend to like blockchain tech, but not crypto currencies (like BTC), how appealing do you see Oracles and Accredited Investor features to the regulators?”
As the Founder of a web3 startup venturing into the wild world of geolocation games and fNFTs to create a mind-blowing Metaverse, I’ve become all too familiar with the struggles caused by regulations that are as bulletproof as a marshmallow shield. It’s like trying to tame a herd of hyperactive unicorns with a feather duster!
To make matters worse, some cryptocurrency exchanges (CEXs) are running amok like mischievous monkeys, buying and selling our beloved RLTM token as if they were playing a game of hot potato. Where’s the fairness in that? It’s like letting a cheeky chameleon referee a game of hide-and-seek!
But fear not, my fellow techno-optimists! I firmly believe that technology will ride in on a majestic unicorn and save the day. In the eyes of regulators, blockchain technology often gets a thumbs-up, while cryptocurrencies like BTC sometimes get the skeptical side-eye.
That’s where Oracles and Accredited Investor features swoop in like caped superheroes, dazzling regulators with their charm. Oracles act as trustworthy bridges between the blockchain world and real-world data, ensuring transparency and reliability. Imagine them as the all-knowing oracles of ancient lore but with a snazzy digital makeover!
By integrating Oracles into our geolocation games and fNFT platform, we can give regulators a front-row seat to all the in-game transactions and player interactions, leaving no room for doubt or shenanigans. Say goodbye to fraud and compliance concerns and hello to a world where trust reigns supreme!
But wait, there’s more! Accredited Investor features come to the rescue, sporting their superpower of investor protection and market stability. By setting criteria for participation in investment opportunities, regulators can shield less experienced investors from the clutches of financial mischief-makers. It’s like putting a security gate around a bouncy castle, ensuring that only the brave and knowledgeable get to jump in!
Sure, the current regulatory landscape might resemble a wacky obstacle course, but we’re not ones to back down from a challenge. We’ll channel our inner acrobats, engage with regulators, and flip through the air with open dialogue. Together, we’ll shape regulations that nurture innovation and safeguard consumers. It’s like a high-wire act of balance and brilliance!
As technology continues its exhilarating journey forward, we’ll witness the birth of smarter and more nuanced regulatory frameworks. These frameworks will tame the wild beasts of strict regulations and the misbehaving CEXs. We’ll keep our eyes on compliance, transparency, and responsible crypto adventures, paving the way for a regulatory utopia where innovation and safety dance hand in hand.
So, let’s strap on our jetpacks of optimism and soar towards a future where our geolocation games and fNFTs revolutionize the world, leaving a trail of smiles, laughter, and regulatory harmony in our wake! Onward, brave pioneers of the Metaverse!
Zbigniew Woznowski — CEO and Co-founder of Reality Metaverse
Question 10.
DJD — 05.07.2023 at 4:31 PM CET
“Are the new games all going to be in AR? Or will it just be for the future?”
We are currently focused on a significant augmented reality (AR) project within Reality Games. Our cutting-edge technology, the Big Dots engine, empowers us to not only develop this project but also enables us to create a range of future games. The games discussed during our AMA session all leverage the capabilities of this engine, with geolocation being a standout feature.
In parallel, we are also actively working on integrating NFTs into our AR experiences. This integration will not only benefit our own games but also extend to external games through the adaptation of the Big Dots SDK. This allows for seamless implementation and utilization of NFTs, enhancing the immersive and interactive aspects of gameplay across various projects.
Zbigniew Woznowski — CEO and Co-founder of Reality Metaverse
Question 11.
Capcosmos — 05.07.2023 at 04:08 PM CET
“Can you explain the purpose and functionality of the newly created liquidity pool for the GLM/RLTM trading pair? How does it benefit the RLTM ecosystem?”
Hello. RLTM is not available on DEXs at the moment. RLTM is listed and actively traded on top-tier exchanges like KuCoin or ByBit. However, we plan to create new liquidity pools on Uniswap soon. Creating new liquidity pools on a decentralized exchange will significantly enhance the liquidity and availability of the RLTM token.
Thomas Partyka — Crypto Analyst
Question 12.
Dzkrp — 05.07.2023 at 04:10 PM CET
“Are you afraid that one day another project with more innovative technology will replace yours?”
Of course not! We have been developing this for almost 10 years, it takes a lot of technology (big data, AR, geo-location, mapping), and we have millions of users. We are actually hoping that we will get more competition so that we know that there is a large market fit.
If new technologies enter the market, we will not compete with them. We will adopt them.
Maciej Burno — CBDO and Co-founder of Reality Metaverse
Question 13.
JStar — 05.07.2023 at 04:13 PM CET
“How do we know the daily income of each fNFT to decide how much to spend in the market?”
To determine the daily income of each fNFT and decide how much to spend in the market, you can check the “Market” page on our website. It displays the prices of all listed NFTs. Additionally, we provide information about the 24-hour revenue volume and 7-day revenue volume for each fNFT. These figures can help estimate potential future royalties. You can also check our leaderboard of NFTs, which showcases the top NFTs by their revenue volume.
For further insights, consider joining our Discord community, where users share their daily royalties and separate NFT daily royalties. This can give you a better understanding of what you can expect.
When deciding how much to spend, it’s essential to consider your trading strategy, budget, and preferences. Each person’s approach to investing and asset growth differs.
Furthermore, we have listed our top NFTs on secondary marketplaces at attractive prices. This can be advantageous when planning your asset growth strategy.
Lastly, we are working on creating more Medium articles that guide how to use NFT card pages effectively. Stay tuned for these resources to gain a better understanding of maximizing their potential.
Stanislav Poleheshko — Social Media Specialist
Question 14.
Alyxavior — 05.07.2023 at 04:23 PM CET
“Are the red flags still in place the culprits preventing US players/investors from swapping for RLTM?”
We have to adhere to laws for every country, so if any country makes it impossible to purchase for its citizens, we will have to follow the rules.
Maciej Burno — CBDO and Co-founder of Reality Metaverse
Question 15.
Milana_crypto — 05.07.2023 16:55
“Will Landlord GO players receive higher reward for buying premium content in the games?”
It would be best to direct this question to the Landlord GO team. However, from my perspective, the Landlord GO team has done a commendable job with the game economic model of premium content. If numerous users have provided feedback indicating that they feel they are not receiving enough value, it would be crucial for the team to enhance this model to ensure player happiness and satisfaction.
Filippos Drogitis — Head of Community
Question 16
Rainman1001–05.07.2023 16:19
“If done correctly, RM can become a go-to metaverse for all people and business projects who want and need a virtual copy of the real world. This opens a world of incredible possibilities for collaboration. QUESTION: Are you already talking to some movie companies to shot in the RM?”
The Reality Metaverse is our long-term vision, and our project Reality NFT serves as the first stage to help bring this vision to life. The Reality NFT collection consists of 2000 NFTs, many of which are 1-to-1 3D models of the most famous real-world properties. These 3D models will be utilized within our Metaverse. However, before that, we need to ensure they are of high-poly quality to truly differentiate them from anything you’ve seen before.
We also plan to propose using these NFTs in movies to favoured companies. We will announce all the necessary details and updates as soon as we have them ready.
Stanislav Poleheshko — Social Media Specialist
Question 17.
NFT Lover — 05.07.2023 at 05:04 PM CET
“Which APR this staking will have? More than 100% yearly?”
We are still considering the APR, but we want to ensure it is a good market fit and it makes sense. All in all, staking allows us to create more games, and more games will lead to more royalties down the line, so the NFTs you hold will gradually increase in value as their utility increase.
Maciej Burno — CBDO and Co-founder of Reality Metaverse
Question 18.
Alyxavior — 05.07.2023 at 05:08 PM CET
“Can we receive a novelty NFT of John’s office? (No royalties, just fun) 😀”
Eh…we already have Krakow Main NFT — based on our office building, that is going to serve as a crypto ecosystem space. Just for you — a photo from my room.
Zbigniew Woznowski — CEO and Co-founder of Reality Metaverse
Question 19.
Yosier — 05.07.2023 at 04:48 PM CET
“What are the future plans to increase RLTMs Ecosystem into other blockchains and how will this work?”
We’ve got a bunch of “incentivised proposals” up our sleeves, but first, we need to show the market that we can pull off a sustainable project. We’re not here to play around with gimmicks for a quick marketing boost; we want to bring real value to the table.
Coming from the mobile gaming industry, we know a thing or two about creating a user experience that’s as smooth as butter. We believe in a future where web3 users won’t have to go through mind-numbing clicks and taps just to access the content they love. It’s like waving a magic wand and saying, “Abracadabra! Here’s your entertainment, no hassle needed!”
And hey, have you heard about Twitter? Rumor has it that they could become the ultimate gateway to everything you desire. Their CEO has some serious guts and is determined to make it happen. So buckle up, because we’re about to revolutionize the way you access the good stuff in the most amusing and convenient way possible!
Zbigniew Woznowski — CEO and Co-founder of Reality Metaverse
Question 20.
xstarlight — 05.07.2023 at 4:47 PM CET
“what other fNFT’S will be added soon? are we going to see beautiful plces too like 7 wonders of the world ?”
Your idea sounds exciting! We will also take it into account for future development. We are entirely focused on our initial collection of 2000 NFTs. Our whitepaper presented a plan with different categories and a scheduled amount of NFTs for each. I will add a screenshot below.
We presented to our community a limited amount of fractions to test every possible point of our project, and we are slowly but confidently coming closer to the expected results. We’ve already presented new NFTs on Rarible and OnePlanet marketplaces, and first days, they are sold out. Small summary: soon, there will be more NFTs, games, royalties, and opportunities for each early adopter. Thanks for supporting us!
Stanislav Poleheshko — Social Media Specialist
We greatly appreciate the engagement and participation of our community members. Thanks again for being with us and taking part in our events that aim to hear and address all the community needs. To show our gratitude, all authors of the questions answered in this article have won a Reality NFT Loot Box! We congratulate the winners and urge you to reach out to us on our Discord server to claim your well-deserved rewards.
