AMA Recap: CRYPTO MINERS X METAFI
MetaFi is the Metaverse Wall Street built for social trading on Web3 and a gateway to a VR/AR world of trading. It empowers a new community earning layer for the Metaverse: we host existing income opportunities and unlock new earning paths for Metaverse assets. The MetaFi World is divided into futuristic Zones. With that, trading becomes actually social: you can display your trades to others in real-time, display your NFT inventory, and have fun chatting. In MetaFi, traders can curate their personal Metaverse experience: visit friends, build a home and explore different ways to earn. Finally, MetaFi allows new players to join Web3 by building newbie-friendly Zones for trading and buying NFTs.
We hosted an AMA session with MetaFi on 4th April.
Mr. Ramsy was the host from Crypto Miners and Mr Luca was the guest. He shared delightful knowledge and unique features of MetaFi.
Segment 1️⃣ Introduction
Hello everyone 👋 and welcome to the Crypto Miners AMA session With MetaFi
To help us learn more about the featured project of this AMA session, we are lucky to be joined By Mr Luca
thanks for having me, happy to be on 🥂
Hello there 👋
Thanks for bringing Us MetaFi ❤️
Happy to share a bit more about the project with the community
I’m pretty sure that our Community is very much excited to learn more about MetaFi ✌️
So let’s get started 🚀
Let’s do it 😎
First of all Please give us a brief explanation about ‘MetaFi’ .What popped up in your mind to create such a platform in this Space?
so in short, MetaFi is the first ever Metaverse World of Trading
You will enter the metaverse, buy tokens and NFTs in the metaverse — and chat about your trades with others
But it doesn’t stop here Ramsy
We’re also building the first ever Metaverse Bank — a place where your NFTs and tokens maximize their true potential
We scan the internet for the best APY or find a guild that pays to rent out your NFT
This way the Metaverse Bank unlocks the most profitable way to hold your assets — based on your risk appetite
Take a look:
Here’s a little example for you guys — MetaFi World Teaser: https://twitter.com/MetaFiorg/status/1491055962748485632
The idea to create such a platform was born to finally allow users to trade web3 assets in web3 — in essence you will be able to buy and sell tokens and NFTs in a social environment
Thanks Luca for this awesome start about MetaFi 👌
Now let’s see our second question from this segment
Q2) So what are your main features and advantages that discern you from other Projects?
hmm interesting question
I think that despite the Growth of Web3, it is not widely adopted: most trading happens on centralized exchanges (Web2) AND most chatting happens on Web2 social media: Twitter, Telegram, or Discord
We are here to change that
And what’s more, trading outside of crypto is more social than ever
Powerful trading communities is a market mover — look no further than GameStop last year
With that, trading is more open and inclusive than ever: thousands of retail investors discover trading every day
Finally, trading is easier than ever: starting is as easy as downloading an app like Robinhood
All of this calls for a solution that would make crypto trading easy, social and fun
Meet MetaFi 😎
Q3) How has the experience and background of your team been effective in the success of your project so far?
Oh immensely I think
MetaFi brings a rockstar team with rich backgrounds from both crypto and traditional industries
they are the bedrock of our project
let me give you a brief intro
Firstly a bit about me
I’m Luca, CMO of MetaFi
I originally come from a strategy & marketing background — having worked in several industries from diplomacy, to social partnership, I most recently founded a digital marketing studio, where in 2021 we were able to generate +3M for DTC brands all over the world.
I’ve also been an avid trader for the past several years, so when Matt approached me with the concept of MetaFi everything seemed to perfectly align.
I’ll past the rest of the core team’s backgrounds in here for you to see:
Matt Danilaitis — Founder
Previously venture capitalist and investment manager, working in investment teams managing over $10 billion in assets. More recently advisor to blockchain games and metaverse projects. In MetaFi, Matt’s key focus is bringing Web3 asset trading to the Metaverse for the first time and igniting a new industry: Metaverse banking.
Vladimir Rogojin, PhD — Blockchain Lead
15-year experience specializing in Blockchain, Cybersecurity, Deep Learning and Big Data. Deep theoretical background, solid software development skills coupled with long and significant academic experience. Passionate about 3D game development. Highly interested in cutting-edge technologies.
Kyle Joyce — Gaming Lead
Senior gaming product strategist and Founder of a full service game studio. Kyle has experience bringing AAA+ games to market across mobile, PC, browser, and VR gaming. At MetaFi, he is utilizing the latest technology in-house to create the most engaging metaverse trading experience.
Arturas Bagdonas — Development Lead
Senior software engineer with ample experience in the European startup space and keen interest in blockchain development. At MetaFi, he is overseeing the development team and working alongside the product team to deliver the most innovative frontend solutions for MetaFi traders.
Modesta Zemgulyte — Design Lead
Award-winning designer with track record in both crypto and traditional industries. Previously designer for The Economist, Modesta brings a wealth of experience managing design teams and delivering visual assets with a focus on social media. At MetaFi, she is leading the brand’s design and creative direction and ensuring brand consistency.
4) Now Share us about your Native token, What are the some of utlities of $METAFI in Your Ecosystem? And if possible share to us the Tokenomics
I’ll be blunt Ramsy haha
$METAFI brings a true revolution in token utility
There are 4 main dimensions of $METAFI ⬇️
🏦 UTILITY: Metaverse Bank access to make passive income
🤗 REFERRAL: rewards for inviting friends
🌎 GOVERNANCE: choose where treasury funds are allocated
📈 DEFLATION: weekly buy-back and burn events
IGO is coming soon 😎
Q5) So how long did it take to develop this project? What plans do you have for the future? And what can we expect from MetaFi If possible could you please share road map with us.
oh wow ok where do I even start
In the next month alone, we will do:
- 10 partnerships with major metaverse and real-world gaming / FinTech projects
- Metaverse trailer released
We’re also running an early community campaign and with rewards for early members
To make the most out of it, join our community channels.
Thanks Luca for this well detailed introduction about MetaFi:)
And that’s the wrap up of our the first part of the AMA session ✅
No worries 😉
I always love being able to share the project where I can
Let’s now proceed to our Twitter Questions section
i hope you’re ready for that!!
Ready when you are my brother
I’m having fun here, let’s keep it going 🥳
Segment 2️⃣: Twitter Questions
1) I understand that MetaFi was born as an ecosystem that will allow to trade any asset available on web3 directly on web3. But, I would like to know how to attract all the users who are used to trade and interact within web2?
ooh I always love this question haha
just for the sole reason that I think it’s so key
& was something we made sure was routed in the foundations of MetaFi
we believe that crypto and metaverse gaming is the next wave of non-crypto people adoption to the ecosystem
Compared to DeFi, GameFi is much easier to relate to for someone that has never used crypto products
For our platform, user focus is the main thing as it is a consumer facing platform meant to act as the sole gateway to all AAA+ metaverses
And we made it very easy for even non-crypto people to join
The user journey will look like this:
💸 You come to the platform and buy some assets with a credit card, paypal, or crypto
💸 You see all of your NFTs in a single dashboard
💸 You can search for any crypto/metaverse project and launch it
💸 You can sell your items instantly, put them up for auction, delegate for passive income or even take out a loan using NFTs as collateral
hope that answers your question!
2) In terms of passive income, does MetaFi has any product or services that produce long-term passive income for non-active players and users? If so, kindly please discuss to us how can passive investors get involved in MetaFi?
Our Metaverse Bank maximizes the passive income from your Metaverse Assets: tokens, NFTs, and land.
The banks are different within each MetaFi World city: some are only open to local citizens while others are reserved for premium clients holding $MetaFi.
Each Metaverse Bank provides a different set of services: they may specialize in digital real estate, staking or LP programs, NFT delegation, lending, wealth management and other services.
3) What will enable MetaFi to create usable metadata standards on any chain to make assets easy to read and classify by machine? How do they get an NFT marketplace to understand and classify NFTs from many chains, if they all present their metadata in the same way?
oh wow this guy wants to get very technical ey
I like it 👏🏽
In essence, MetaFi is as multichain as you can get — we not only support EVM compatible chains, but also most major non-EVM compatible chains
However, most of the launches are going to be on Terra, Solana, Fantom, BSC, and Polygon
regarding the onchain metadata
we will touch more on this in the coming weeks via our social channels
so make sure to keep in touch there
4) Can you explain more about MetaFi’s feature → METAVERSE BANK? Can we already use it on the platform? If so, how can we use it and how can it provide us benefits?
So as I mentioned above, the Metaverse Bank maximizes the passive income from your Metaverse Assets: tokens, NFTs, and land.
The banks are different within each MetaFi World city: some are open to $METAFI token holders, others serve the MetaFi Citizens holding our NFTs
Banks may specialize in:
🔥 Digital Real Estate
🔥 Staking or LP programs for highest APY
🔥 NFT Delegation
🔥 NFT-backed loans
And many other services
5) Collaborations and partnerships are some of the most important cornerstones to help improve adoption. Could you please tell us about the current partners, plans for partnerships and what everybody stands to gain from these partnerships?
Here is our last question from twitter
MetaFi has been hard at work in building the ultimate trading world
For that, we are working with more than 150 influencers from 10+ countries to grow our community
Also, we are onboarding more and more metaverse partners — now more than 20 Metaverse projects will use our products from day 1
These clients include SpaceFalcon, Metastrike, DinoX, Project SEED and many others
Thanks for Your Valuable Answers❣️
And that’s the end of our twitter question segment
Some of the most in depth questions i’ve received so far
I appreciate the curiosity 🤝
Now Moving on to our last segment — Live Q&A
Shall We Go mate?
hang on one second Ramsy
Because I’m having such a blast on here
I have a little surprise for you & the Crypto Miners community:
I will answer 4 more questions on MetaFi Telegram directly after this, that can win additional $40 — $10 per question
so make sure to head over there after this is done
and I’ll try answer some more of you
gotta show some love to the Crypto Miners Community ❤️
let’s go to the live
Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and Miners sent hundreds of questions. Guest choose some best to answer)
As far as I know, Currently #MetaFi is also the launch pad for the NFT gaming project. Can you explain what kind of structure you have designed and developed for a launch pad? Can you briefly describe the requirements a project must have in order to be accepted in MetaFi?
So, our focus is AAA games and metaverse projects. As a rule we look for two things — BOTH proven ability to build strong crypto communities (marketing) and product expertise
We have seen a lot of game studios building crypto games and failing — because they don’t understand marketing
At the same time, we have seen crypto veterans starting to jump into gaming and failing miserably on the game quality side
Ideally, our games will have a combination of community building and triple A product
2) Obi Favour:
What’s the security in-plant of your project
security is hands down one of our key priorities on this project
and the truth is, even projects that have been audited multiple times today fail in fully guarding against hacks — we are taking a three step approach for this:
Our approach is first auditing our token $METAFI — it has already been audited by Hacken
After that, we are conducting the audit of our launchpad smart contracts, with which our users will be interacting with
Finally, we are launching a bug bounty campaign, where all white-hat hackers and community members will be able to find and report any potential vulnerability of the platform
What are the minimum requirements and processes to be able to launch a game on #METAFI?
Also What is gamerich and In what ways are they affiliated with #METAFI?
so i’ve already answered the first part to this, but I can certainly clarify the second
The project used to be Gamerich
we transitioned the project into MetaFi
the reason for this was that as we began development, our vision expanded
we saw the raw potential that Metaverse Finance aka MetaFi has in its ability to socialise trading, banking & investing for consumers
both myself & the team are confident that MetaFi will outperform DeFi this year, & as the first mover in the space, we found it appropriate to rebrand to a name that aptly reflects this
What previlages do the premium clients enjoy?
In MetaFi, traders can curate their personal Metaverse experience: visit friends, build a home and explore different ways to earn and invest
For example, you can simulate real-world luxury experiences by building a private NFT Villa in a gated community or receive private banking treatment in the Metaverse Bank
The more active you are — the more you chat, trade, and engage — the more opportunities will be unlocked
here’s a little sneak peak visual of one of our villas
don’t tell the rest of the team I showed you haha 😉🤫
who knows, maybe you’ll find yourself living here Bright
the point I’m trying to make is that as you level up and become a premium client, these sorts of perks will become available
5) Genç Osman:
Why did you set up MetaFi, what was your motivation to start this project and did you face any difficulties? What is the difference of the MetaFi project to attract the attention of investors?
I think one of our key motivators for the project was its ability to empower a new community earning layer for the Metaverse
by hosting existing income opportunities, whilst also unlocking & integrating new earning paths from Metaverse assets.
MetaFi connects 3 major trillion-dollar industries: trading, crypto, and social media.
and with that, trading becomes actually social
that sheer autonomy & accessibility that the project gives traders
well it definitely excites the hell outta me haha
*This segment ends here*
thank you everyone for your participation
it’s always a massive motivation for the team to see that their hard work is being so well received 🙏🏽
as I said before, make sure to hop over to @metafiorg for a chance to have a few more questions answered
Thankyou so much For your valuable answers and information about MetaFi,
It Was Pleasure Hosting An Ama With You
Time To Conclude Our AMA Section
And make sure to head over here right now miners fam!
Thanks Ramsy for hosting me so well brother :)
Join there guys 🤝
We Wish all the very best for Project
MetaFi And The Entire team behind the project ❤️🤝