On Thursday, December 16, 2002, Matthieu Ladiray CMO Versity and Alexandre Berche, CMO Versity were back to answer all your questions in a new AMA. The summary by the Versity team to discover more about the project.
As a reminder, Versity is Europe's first immobilizing metaverse that connects the real world to the virtual. Here are the answers to questions from the Versity community:
In fact we learn about it every day on FTX and company, but that's not why we should be alarmist and there are technical constraints.
We are indeed going to have to store some elements on a centralized server in relation to our NFTs for the simple good reasons that we made the choice to have NFTs that are going to be scalable. As a reminder, the PARSELLs correspond to France which is going to be cut into 34,900 roughly INSEE codes and therefore correspond to a territory, with an economic potential.
In relation to real estate activity and what will be able to be created on these territories, it seemed essential to us that the NFT evolve as its economic potential evolves and we want to evolve these data on the graphic representation of the NFT. To do this, we will therefore have to host it on something decentralized.
That being said, we are on a very long-term project and the technique is constantly evolving, so we will make sure to go for the best when the technique allows it. But in summary, our choices are rather guided by the use and therefore the end user and we believe that the important thing is really that the NFF is scalable.
Of course! Versity will integrate contributors to its community, namely:
- 3D artists who will create 3D assets (NFTs Objects) for interiors (paintings, furniture, decor...) to equip NFTs PARSELL or apartments;
- Builders who will create 3D assets (NFTs PARSELL) for exteriors (buildings, trees, benches, bus stops...) and who will be able to create experiences of any kind as well.
Yes to all these questions! This is the basis of the Versity project, which is a real estate distribution platform as we all know (Se loger, Le bon coin, Figaro immo ...) but with an
additional service that is to make the immersive to be able to visit his property as if we were there and its environment.
You understood it as an owner of PARSELL, all the economy that will be realized on it namely the distribution of real estate ad or advertising will allow you to receive income. And we will be able to provide these owners (who do not need to be experts in real estate) with tools, which will allow them to help their community, their environment, their network to publish real estate ads but also to go and find new customers so that they can publish on their own PARSELL and therefore enhance it.
Another thing that we have imagined is to make available network facilitators (in the real estate world, these are people who are precisely there to train potential agents
immobiliers) here it would be the same principle on Versity to set up mechanisms with the key to incentives each time provided in our land economy.
The Versity NFT marketplace will be here in January 2023.
We have indeed contacted Ledger and even if we are not yet in a relationship, obviously we prefer to work as much as possible with beautiful French companies and that all this economy of the French web-work is in a virtuous circle so in the future, we hope so, now to see with them the possibilities.
The real estate agencies that do not disseminate the exact address of the property are often agencies that are on properties with a significant value, for example a villa on the Cap d'Antibes
which is worth several million euros, where there are potentially works of art inside, beautiful cars etc... Indeed, it is quite rare that we give an exact address on an ad on a SeLoger or a bon coin. On the other hand, in Versity there will be prestigious ads and they will have the possibility, thanks to the modeling, to decide what is shown or not. It can be the decision to show just the garden but not necessarily the street, to show the living room but not necessarily the works of art, etc...
Concerning the precise geolocation, one can arrive in a street but without having gone all the way and show the very close environment of the Villa without showing the street in which it is positioned therefore. This is how we will succeed in solving this dilemma and that we will be able to seduce real estate agencies, even prestigious ones, because we will be able to tell them that there is the possibility of displaying or not certain elements in order to find or not the property in the real world. Beyond the willingness of an agency or not to disclose such property, it does not represent the majority of the market and we have a willingness to be "mass market".
Also, by default all properties on Versity will be open, but we may have the possibility to make the access closed so that the visitor must make a request beforehand, we can also imagine to set up a KYC for the prestigious properties to have visibility on the identity of people who enter.
As a reminder, ICO from the English Initial Coin Offering is a fundraising operation launched by a company in need of funding, which issues tokens, also known as tokens.
Launchpads are essentially platforms that help launch crypto projects. They serve as incubators for tech startups like ours. It's a way to encourage investors to join innovative projects early on.
The launchpads on the shortlist are Binance, Pancakeswap, MATIC, NFT Factory.
We could but we haven't put it together and we won't. Our CEO Claude Li considers that we have no vocation to hold digital token assets or NFTs of our own clients so no interest in that.
In addition, to be totally transparent the file to be PSAN is extremely complex, it's close to an IPO documentation so it's extremely long and if we had to initiate this kind of process we wouldn't have it for at least 1 or even 2 years and we prefer to focus on other subjects currently which we think are more important for the development of the project. If in the long run it is necessary to do it for regulatory issues we will do it, but it is not on the agenda at the moment.
Note also that it is important to remember that Versity emanates from an existing company Les Agences de Papa, which is listed on the stock market.
The NFTs correspond to the French Insee Codes and not to the zip codes, there are about 34,900. Initially, we will develop the NFTs that have the most economic potential and therefore necessarily those where there are people.
We can't get ahead of ourselves on a specific date but normally it should be in the first quarter of 2023.
In total transparency at first no, but then you will have the collection as and when with dates on the calendar of mints of NFTs.
Yes, it will be on the map. The NFTs will be divided into 5 categories (2 for Premium and 3 for Explorer) and before you buy them you will know exactly which category it belongs to, with also the data in the first instance real economic potential, which will then evolve according to the attractiveness of the PARSELL.
No but we have an idea of the reserve price which is in the whitepaper and on the Premium category, the lowest reserve price is in the 800 €.
The immediate purchase price today is going to be based on the economic attractiveness of the NFT, in this case so for the moment as we don't yet know the traffic we're going to get on the
platform, we don't know it's really going to depend on the ranking.
To find out more about the Versity metavers project, check out another AMA's summary!