Question 1

What does “SITY” mean?

Accepted Answer

It is simply the name of the symbol of the exchange currency used in the Versity universe. The name is also a nod to the world of real estate.

Question 2

On which blockchain is the Versity project deployed?

Accepted Answer

Versity chose Polygon blockchain for 3 main reasons:

Very low transaction costs
The maturity of the ecosystem
The interoperability

Question 3

What is a metaverse?

Accepted Answer

A metaverse is first and foremost an open and immersive environment, allowing in particular to share value between its users, in the form of NFT among others.

Question 4

What is the company behind Versity?

Accepted Answer

They are Les Agences de Papa, who are revolutionizing real estate with agency fees starting at €2,000 since 2019. Having become the first digital real estate agency in France in less than 3 years, its strategy is simple: break the glass ceiling through innovation.

Les Agences de Papa is a Limited Company, the first Proptech to be listed on Euronext Access+™ Paris that has succeeded in building a hyper-growth company and laying the foundations for the real estate revolution. True to our philosophy, we are aware of the major challenges ahead for our industry: the Web3 revolution, the sharing and distribution of value, and new consumption patterns are pushing us to continue to innovate ever further.

Question 5

What is the Tokenomics of Versity?

Accepted Answer

The Versity metaverse plans to issue a total of 10 billion SITY tokens. The distribution of SITYs is planned as follows:

tokenomie versity metavers web3

Question 6

How and when to access Versity Metaverse?

Accepted Answer

This will be done in several stages:

Access to the NFT marketplace to buy and sell PARSELL
Access to Versity in its non-immersive (2D) version, but allowing to use NFT and to create economy
Access to the Versity metaverse (3D) with all the features.

Question 7

What is Versity?

Accepted Answer

Versity is the world's first metaverse to bridge the gap between the real and virtual worlds. Its ambition is to open the new era of tomorrow's real estate transaction, allowing individuals and professionals to offer an immersive VR experience in order to become familiar with the environment of a property for sale. The aim is to provide even more transparency on the specific information of a property by creating its virtual identity card and to offer future buyers, even before the first administrative steps related to the acquisition, to provide them with additional services allowing them to save time during the purchase process (architect, interior design, etc.)

Question 8

Which nationalities can participate in the ICO?

Accepted Answer

All except a few blacklisted countries, namely: North Korea, Cuba, Venezuela, Iran, Iraq, Sudan, Somalia, Yemen, Lebanon, Libya, Syria, Burundi, Central African Republic, Crimea, USA.

Question 9

What is the official date of the VERSITY ICO?

Accepted Answer

Versity's ICO started on June 23, 2022.

Question 10

What is the price of a SITY? Is there a discount or bonus if I buy at the ICO?

Accepted Answer

The Issue Price of the SITY is set at :

-Round 1: $0.0045, i.e. a discount of 70%.

-Round 2: $0.0050, i.e. a discount of 66.67%.

-Round 3: $0.0060, i.e. a discount of 60%.

-Launchpad : $0.0075, which means a discount of 50%.

Question 11

When and where will the listing be done?

Accepted Answer

Listings will take place on the validated CEX/DEX once the 4 rounds of the ICO have been completed and the token minted.

Question 12

When will I receive the SITY earned during the airdrops?

Accepted Answer

You will receive your earned SITY after the token mint. You will receive an email to notify you. So don't forget to give us your email address or keep an eye on your wallet.

Question 13

Where will I receive my SITY?

Accepted Answer

On the account created at the time of the investment.

Question 14

My KYC has not been validated, what should I do?

Accepted Answer

First, make sure that you have followed the procedure and attached all the necessary documents.

Please note that one person can only create one KYC.

If the problem persists, Versity has a support team that can answer all your questions by chat, email at hello.versity@versity.io or phone 04 85 80 01 48 to help you through the procedure.

Question 15

I have not received my SITY purchased in ICO, what should I do?

Accepted Answer

Contact our team at the following address: hello.versity@versity.io or you can call at 04 85 80 01 48.

Question 16

Does investing in Versity require a KYC?

Accepted Answer

Yes, KYC is legally required for any investment.

Question 17

How will the SITY be distributed?

Accepted Answer

At the end of the ICO, the SITY will be created and sent to the wallet communicated during the ICO according to lock & vesting rules.

Question 18

What are the payment methods during the ICO?

Accepted Answer

Payments in crypto-currencies (USDT, USTC, BNB, ETH, BTC, Matic) will be possible from all countries.

Credit card payments will be possible for Euro zone countries, Switzerland, UK, Scandinavian countries.

Payments by SEPA transfer will be possible for the adhering countries (Euro zone, Switzerland, United Kingdom, Scandinavian countries, Eastern countries).

International credit transfer payments are possible from other (non-SEPA) countries.

Question 19

What is an ICO?

Accepted Answer

It's a pre-sale of tokens that we offer to an almost worldwide audience. It can also be seen as an investment in a project before its birth.

Question 20

How long does it take to do the KYC?

Accepted Answer

The KYC is done live from the platform during the subscription process and the operation takes only a few seconds (selfie photos and IDs then processed in near real time).

Question 21

In the case where some small municipalities have the same postal code, how will the distribution be done?

Accepted Answer

The NFTs correspond to INSEE codes and not to postal codes for France as it is well specified in the whitepaper. In this approach based on a dimension specific to France, each PARSELL NFT must correspond to a unique geographical division, and thus depends on the specificities and cadastral and communal limitations specific to France. Nowadays, several French communes can have the same postal code, but each commune has a unique INSEE code. Namely, there are about 34,900 INSEE codes, and about 6009 postal codes.

Question 22

What is the purpose of NFTs?

Accepted Answer

There are many advantages to buying PARSELL NFTs on the Versity metaverse. And everyone can benefit from it! Investing in a PARSELL NFT means becoming the owner of a virtual parcel that corresponds to a real postal code. A parcel that will generate an economy for which you will be paid in digital tokens, the SITY. As a result, the more the economy will be developed on your parcel, the more you will have to earn!

Question 23

What is the price of NFT (Parsells)?

Accepted Answer

The Parsell will be sold by auction with a minimum starting price of:

135€ for the Explorer
825€ for the Premium

Also, for the Explorer, a lottery system will be set up with a fixed price.

Question 24

When will the NFT (Parsells) be released?

Accepted Answer

The Parsells marketplace is planned for early October 2022

Question 25

How to join for the ICO?

Accepted Answer

You can join the Versity ICO from our website on this url : ico.versity.io/login

The different rounds of the ICO are announced in our newsletter and on all our social networks.

Question 26

What will the funds raised in ICO be used for?

Accepted Answer

The funds raised in ICO will be used first of all to finance the development and promotion of our metaverse.

Frequently Asked Questions

The project

The Sity Token

The NFTs

ICO