♠ MetaGameHub AMA Transcript ♠
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♠ Segment 1 — Introduction segment ♠
Mrs.Grey | The Grey Crypto Hub:
Q1. Could you please Introduce yourself to the community?
Camilo Echeverri:
Sure
Since we are a DAO (decentralized autonomous organization) it would be very egoistic of my side to solely focus on me. We are a group of likeminded individuals with unique strengths and abilities. What unites us is the passion for innovation that affects global development. The digital realm has always been inviting to people that think outside the box.
Our team is made up of Blockchain Enthusiasts and Architects, Game Developers, Legal Professionals, Tech innovators and Creatives. Above all we believe in a blockchain powered future that frees us from the oppressive mind state of secrecy and inefficient corporate structures. The MGH DAO is our first project together that signifies the first step to innovative new approaches as a team. Due to our diverse and heterogeneous backgrounds we can have the most objective approach possible to the DAO we are building. We are able to keep each other in check, analyze neutrally and perfectly allocate someone’s resources where they feel most comfortable in as we have no shortages of talent.
As initiators of the MGH DAO we don’t believe in hierarchies but still take coordination and organization very seriously. We have different working groups taking care of all the core components of a regular organization such as tech, marketing, sales and even gaming. Meta
Mrs.Grey | The Grey Crypto Hub:
Amazing🤩🤩
The team is indeed one of the most important pillar
So let's see what this dedicated team has created for us!
Time to explore more about MetaGameHub!!!
Q2. We are so curious about MetaGameHub! please tell us about MetaGameHub in detail.
Camilo Echeverri:
I am hyped!
Sure, please hold your horses. The MGH DAO has many things going on!
Mrs.Grey | The Grey Crypto Hub:
Oohh this boosts my curiosity
Camilo Echeverri:
MGH DAO is fostering the convergence of the metaverse, NFTs, AI and DeFi by building an ecosystem of NFT curation and applying DeFi tools to allow transparent access to this ever-growing market. MGH aims to provide an underlying financialization layer that establishes a common economic ground between all the sub-zones of the metaverse.
The DAO will inherit various key roles when it comes to the metaverse: 1) It will provide the chance to collaboratively govern metaverse LANDS and other NFT based assets, 2) it will provide price transparency for metaverse related assets, 3) it will provide a DeFi layer for metaverse assets to be integrated in through e.g. collateralization of NFTs.
We are currently developing a platform which enables the access to decentralized NFT pools and NFT Pool Tokens (synthetic assets tracking the pool value) and thus enhancing the value factor of NFTs without the sacrifice of ownership for NFT holders. Furthermore, MGH DAO will provide a sophisticated AI-based oracle that allows the analysis of the respective NFTs fair value and seamless, transparent integration into the NFT Pool. Community members can stake their NFTs and MGH tokens to generate additional rewards while participating in the governance of the ecosystem that is 1) the DeFi and AI tools and 2) the NFTs owned directly by the DAO. NFT staking is an important factor for us as we want to support the allocation of value while protecting the ownership. The initial focus will be on metaverse related NFTs as this evolving market has some of the most auspicious NFTs there are out there (e.g. LANDS).
Moreover, one of the DAOs main goals are to enable seamless data accessibility. That is why we are leveraging Ocean’s protocol data marketplace to provide transparent data about virtual lands. The idea is to keep improving our algorithms in order to unleash vast amount of data and democratize the access to the virtual real estate market.
Mrs.Grey | The Grey Crypto Hub:
Appreciated!
Mr. Grey | The Grey CryptoHub:
Seriously impressive
Mrs.Grey | The Grey Crypto Hub:
Okay so now I can see there's a lot of stuff to explore
Camilo Echeverri:
Thank you!
Mrs.Grey | The Grey Crypto Hub:
So moving ahead to another one of the most important part
Marketing
Here comes the next one!
Q3. What are the Long Term Marketing plans of MetaGameHub?
Camilo Echeverri:
We all know that marketing in the crypto space is key. Sadly, many projects only focus on short term gains and therefore attract users that are interested to earn a quick buck and don't really care about building a strong community. We have a slight different approach because we are mainly focused on building up our community by delivering high quality services and content. Our marketing strategy for the long-term is based on three pillars: 1.) Product, 2.) Partnerships and 3.) Metaverse guilds.
We want to constantly develop our product and make multiple announcements to keep our community up to date on all the developments. We have a team focused on doing partnership outreach and expand the DAO's network of collaborators. Finally, following the DAO spirit, we focus on providing bounties and grants to our community members and grow as a a big metaverse guild.
Mrs.Grey | The Grey Crypto Hub:
Well can you tell us more about the partnerships!?
Camilo Echeverri:
Sure!
We are officially becoming a data provider and thus partner within the Chainlink ecosystem for the NFT market price data to be leveraged on-chain. Additionally we are working to close a partnership with the Ocean Protocol to enhance the scope and reach of the data we are generating. Moreover, we are working with The Sandbox to improve the quality of our land valuations and add an additional layer of standardization to the NFT market. Finally we are looking to partner up with multiple projects from the GameFi and P2E sector as well as with a cutting edge NFT marketplace that is trying to reinvent NFT trading and management.
More details coming soon :)
Mrs.Grey | The Grey Crypto Hub:
Stay tuned Grey Community!!
♠Segment 2 — Twitter segment ♠
Mr. Grey | The Grey CryptoHub:
• First question from twitter
Is your project willing to participate in a staking programme? If the answer is yes, What are the requirements for users that want to invest in your platform, and how does your stake system work?
From : @AwaisMalick12
Camilo Echeverri:
Perfect
One of the main goals of the DAO is to reward its community accordingly. We allocated 24% of the supply to MGH and NPT stakers. We really want to scale the platform and at the same time reward all participants accordingly. We also applied to the liquidity bonding program by Olympus DAO to foster the thesis of owning instead of renting it through LP rewards. We are firm believers of protocol owned liquidity and think that aligning goals between the protocol and their LPs is key for the long term sustainability of a project. Since we are focused on providing key NFT infrastructure for the metaverse, it is highly important to have a strong liquidity base that supports our operations. Moreover the additional fees generated from the liquidity pools will strengthen our treasury and help us fulfill our goal of collaboratively curating and developing virtual worlds.
@AwaisMalick12 thank you for the question
Mrs.Grey | The Grey Crypto Hub:
Rewards rewards rewards 😁😁😍
Mr. Grey | The Grey CryptoHub:
😁
Mrs.Grey | The Grey Crypto Hub:
Well one thing I'd like to appreciate again is the planning
Lot of great stuff
Mr. Grey | The Grey CryptoHub:
• Second question from twitter
As a Decentralized Autonomous Organization, Could you shed more light on the aspects of a Decentralized Autonomous Organization using your technology? Also in the future, will it be possible to measure the degree of decentralization and economic incentives?
From : @luckluckan1
Camilo Echeverri:
Yeah the more our users contribute, the more they get rewarded
To start, DAO is an acronym for "Decentralized Autonomous Organization". Instead of having hierarchical structures, like a board of directors, the MGH DAO consists of a group of people who interact with each other in a trustless manner according to a self-enforcing open source protocol. This structure solves a common governance problem described as the principal-agent dilemma (a classic game theory problem)
The MGH DAO will be responsible for acquiring and curating multiple metaverse-related NFTs while allowing its community to collaboratively manage them. MGH holders will have the right to vote on overall network rewards, pool proposals, decide on relevant DAO related decisions, and manage key NFT acquiral decisions. Everyone can actively or passively contribute to the MGH ecosystem by voting, staking, bonding, fulfilling tasks or just spreading the vision of the organization.
Mrs.Grey | The Grey Crypto Hub:
Sounds great!!
🥂
Camilo Echeverri:
We are currently developing a holistic DAO management platform to measure the contribution of every member accordingly. This will allow democratic and inclusive access to a collaborative and meritocracy based metaverse development.
Mrs.Grey | The Grey Crypto Hub:
• Third question from twitter
Because of the diversity of your project's nature (NFT, DAO, DeFi and AI), I cannot think of any competitors that can match your services. Who do you think is/are MetaGameHub's competitor/s and what will be your advantages over it/them?
From : @0JeanWayne
Camilo Echeverri:
The approach of the MGH DAO creates a new layer of economic value due to the convergence of these amazing technologies. Some of our indirect competitors are projects such as NFTX, NFT20 and Drops, NFT Bank and Jenny DAO. They all focus either on the fractionalization, indexing, collateralization, collaborative management or valuation of NFTs.
These projects solely focus on one niche whilst forgetting that if we really want to attain mainstream adoption we need intuitive and holistic tools that avoid friction. Furthermore, the NFT - DeFi convergence is still often overlooked although it is a crucial part in the maturing process of both niches. Additionally, most DAOs in the NFT space are only focused on collecting NFTs, whereas at MGH DAO utility, data and governance are combined. Moreover, I would also like to mention the collaborative NFT management which will allow the community to manage virtual real estate (LANDS) together. Consequently, the real USP of MGH DAO is 1) its diverse spectrum of applications and 2) due to the many application fields the strong community engagement which is way above the industry standards as displayed in recent voting rounds.
Mr. Grey | The Grey CryptoHub:
Awesome
Mrs.Grey | The Grey Crypto Hub:
A tremendous approach
🔥
Camilo Echeverri:
It is only the beginning!
Mrs.Grey | The Grey Crypto Hub:
Aha is that so!?
We have more questions lined up
Curious to get more info
• Fourth question from twitter
The biggest challenge facing projects right now is related to the current market conditions. So, can you explain the reasons why users and investors should participate in the long-term development of the MetaGameHub ecosystem?
From : @BENSTOCK26
Camilo Echeverri:
As I mentioned before. They face these issues because of their short sighted approach to doing business. They focus on what the masses want to hear and not on what the ecosystem needs to grow. The MGH DAO is highly committed to providing key NFT infrastructure which will be essential for the real main stream adoption of blockchain technology and cryptocurrency. The fundamentals that MGH DAO brings to the table will allow its long term sustainability.
Mrs.Grey | The Grey Crypto Hub:
Five stars to the dedication
⭐⭐⭐⭐⭐
It's going all so smooth we reached the last question of the Twitter segment already
Mr. Grey | The Grey CryptoHub:
• Fifth question from twitter
Can you tell us about the team's accomplishments so far? What are the primary goals that @MGH_DAO has yet to accomplish? If at all possible, give your road map as well.
From : @drstrange202
Camilo Echeverri:
In the past weeks we have had three major accomplishments: 1) We are officially becoming a data provider and thus partner within the Chainlink ecosystem for the NFT market price data to be leveraged on-chain ( sorry for repeating myself but it is a huge milestone for our team). 2) we became Ocean Protocol’s Ocean DAO grant round number 10 to allow another revenue stream for the MGH DAO treasury selling datasets of fair NFT pricing of metaverse LANDS on the Ocean Marketplace. 3.) The alpha of our LAND valuation tool was released three days ago. You can access it here: https://www.metagamehub.io/valuation
Furthermore, we have acquired various LANDS within The Sandbox as voted by our community which were analyzed and chosen by the NFT pricing algorithm.
Our public launch is around the corner, on November 14th and we are currently going through the second round of our public membership event. You can participate here:
https://www.thedap.space/Membership/0x14d9178cdf1cb3f156da2acc5b0f2b8d9828028a
Mrs.Grey | The Grey Crypto Hub:
Mark the calendar Grey Community!!
Camilo Echeverri:
If you want to see our short-term roadmap, please head over to Snapshot:
https://snapshot.org/#/metagamehub.eth/proposal/0x4d0fee716961b09e65c37ff3edb7545487f6a72f647b3f1e08200b6a8409d7c4
Mrs.Grey | The Grey Crypto Hub:
Sure lemme take a look
Fantastic!!
Camilo Echeverri:
Please do :)
♠ Segment 3 — Live segment ♠
- Which do you think is more important:
A. Community
B. Investors
C. Token Price
If all of the above is important to you, whiich should come first?
Camilo Echeverri:
I think having a strong community is the main pillar of every crypto project. Without this, it does not matter how good the product is, if it is not able to generate the necessary network effects, the project will fail. By having a strong community, the amount of investors will grow exponentially and the token's price will rise. All of these events will then compound into a positive feedback loop that will ensure the project's positioning within the ecosystem. At the end of the day the equation goes like this: Community + Solid Product = Success
Mrs.Grey | The Grey Crypto Hub:
Totally agree!
2)Can you explain how is your Tokenomics Distribution and secondly do you have any further plans for pre-sale? Where can we join it?
Camilo Echeverri:
You can find a high level overview of our Tokenomics on metagamehub.io when you scroll down a bit. We have a 6 year quadratic vesting schedule for the initiator part starting on 14.11. that means that e.g. the initiators will be able to claim 1/4 of their tokens after 3 years, because that is half the runtime of the vesting schedule (1/2 ^ 2 = 1/4 ). You get the idea! Network rewards will be split into staking, voting rewards and contribution rewards for freelancers or DAO members that want to complete a certain task or job for the MGH DAO. With that we want to ensure continued engagement and incentives for everyone willing and able to move the DAO forward. The treasury will contain 20 % of the total supply for the DAO to do whatever, we envision giving grants and exchanging token with other protocols, or maybe selling some of that to diversify our treasury and be more stable in general. The 24% sales are split into what we sell before our launch on 14.11. and what we will offer as bonds to gain control over our liquidity (look at the OHM protocol for more info). We are offering tokens at 10cents on https://www.thedap.space/Membership/0x1F3972f87581C0ea59E0483e14253Ee3afC0889C at the moment! You can participate with ETH or USDC, although we definitely recommend ETH to escape some of the gas fees.
Mrs.Grey | The Grey Crypto Hub:
Noted
📝
3) IS This Your project only for elite investors, how about others with small funds, is it open to everyone?
Thanks..
Camilo Echeverri:
Yes it is open to everyone! There are no VCs sitting on big token amounts waiting to realize profits. There is no minimum amount to buy in our presale at https://www.thedap.space/Membership/0x1F3972f87581C0ea59E0483e14253Ee3afC0889C. In the future we want to find a way to level out the playing field when it comes to voting as well! We are experimenting with quadratic voting, but any and all ideas and approaches regarding this are welcome! We don't want to have a few whales deciding every vote, because then we lose the benefit of the many minds and most likely also the interest of our small members in voting at all. Admittedly the gas fees on Ethereum are probably the number one thing discriminating against smaller investors at the moment. Because of that we want to expand to more chains and are at the moment bridging our token to the Polygon Layer2 that we want to leverage for cheap trading in the future.
♠ Segment concluded ♠
Mrs.Grey | The Grey Crypto Hub:
Thank you for providing this much details
Camilo Echeverri:
Thank you very much for your time!
Mrs.Grey | The Grey Crypto Hub:
For those who missed, the transcript is going to be very informative
Before we conclude the session any last message you want to convey to the Grey Community!?
Camilo Echeverri:
Yes, we are currently going through our public membership event and would be more than happy if you guys join our community before going live on 14.11. Head over to https://www.thedap.space/Membership/0x14d9178cdf1cb3f156da2acc5b0f2b8d9828028a and participate. Lets conquer the metaverse together ❤️
Mrs.Grey | The Grey Crypto Hub:
Check it out Grey Community
Thank you so much everyone for joining us today
Mr. Grey | The Grey CryptoHub:
Special thanks to @xtimesyequalsk for such an informative session.
