We recently hosted an AMA with MetaLaunch, on November 25th at 2PM UTC. Many of you might have participated or many of not. But we make sure no one missed out from the knowledge shared by Mallikarjuna Naidu, CEO at ASVA Labs So here we are up with the AMA transcript, for those who missed the live session, this blog post will be a saver & feeder of knowledge for them.
Introduction Questions Asked By Team BlockTalks!
Q1. Could you please introduce MetaLaunch to our community in layman’s term?
Ans —Asva Labs is an innovation lab that brings a unified finance ecosystem to the Metaverse. The ecosystem includes MetaLaunch, the first multi-chain launchpad and accelerator dedicated to metaverse and blockchain gaming projects. MetaLaunch is propelling the next wave of metaverse projects by allowing them to raise funds through Initial Metaverse Offerings (IMOs) and Initial Game Offerings (IGOs).
The platform aims to discover and develop promising Metaverse and gaming startups with a distinctive vision and solid business model that are redefining the future web. Asva Finance, the other product in the Asva Labs ecosystem, brings Metafied DeFi functionalities to the metaverse including token staking, liquidity mining, and NFTs collateral.
Q2. What are the advantages of MetaLaunch to the other alternatives in the Blockchain field?
Ans — Some of the unique features that sets apart MetaLaunch from other alternatives are
MetaLaunch is the first-ever incubator that fuels the Virtual world Economies.
Metalaunch is the first dedicated metaverse and Gaming Launchpad
The platform supports groundbreaking projects from Polygon, BSC , Avalanche and solana ecosystem. The Platform features Virtual marketplace to trade virtual assets based metaverse the platform features World’s first metafied DeFi functionalities
Q3. What are the major milestones MetaLaunch achieved so far & what are in the future pipeline?
Ans — Our development team has been hard at work building MetaLaunch for the last few months.
We have successfully built the MetaLaunch product on the Polygon testnet MetaLaunch smart contract is undergoing a meticulous audit by Hacken, the leading blockchain security consulting company.
The MetaLaunch Beta Public product testnet is going live in few days
As part of expanding our product features and functionalities, we have joined forces with some of the top-tier projects in the industry
Like Polygon , DCI , Blackdragon , meridian capital , R8 capital ,NFT technolgies ,DREAMBOT CAPITAL ,ATISIS CAPITAL ,Pixel INC ,316VC ,3 Lions Capital
Questions Asked on Twitter For MetaLaunch Team!
Q1. I read that Asva Finance, a product of the Asva Labs ecosystem, is working on Metafield DeFi with functionalities ranging from staking to liquidity mining. So can you tell us a bit about this? What other non-meta-universal products will you be including in your ecosystem?
Ans — of course, Asva Labs is an innovation lab that brings a unified finance ecosystem to the Metaverse, The first platform that builds Game-fi products. Our ecosystem includes Asva Finance is a multi-chain yield aggregator, routes the best yield to the users from a single interface.The product vault features from token staking , liquidity mining and lending functionalities.
Q2. Asva Labs developers have created the MetaLaunch product on the Polygon testnet, it has already been tested several times. So, to increase the resilience of the product, what collaboration did you have with Hacken? Are you conducting a security audit for your mainet in December?
Ans — Yes, we have successfully built the MetaLaunch product on the Polygon testnet , on going security audit is being performed by Hacken, a leading security consulting company specifically for blockchain projects. The MetaLaunch product is scheduled for its Mainnet Launch by December 2021.
In addition, Asva Labs is all set for its Token Generation Event (TGE) in the upcoming weeks. After a successful audit, it will unveil the on-ground experience of MetaLaunch, which will support metaverse and gaming projects.
Q3. They recently announced in their media that Asva Labs’ MetaLaunch was integrated with Polygon to capitalize on the growth opportunities of the metaverse. So why did you decide to join Polygon? Is Meta Launch specifically dedicated to serving top-tier metaverse projects?
Ans — Polygon offers interoperability, low transaction fees, and scalability — all the integral features to ensure the successful development of the our finance ecosystem .
Metaverse comprises a virtual world for people to interact and transact. Users require scalable low-gas blockchains that are interoperable and cross-p2p to interact with one another efficiently. The interoperable full-stack scaling solution of Polygon complements Asva Labs’ MetaLaunch .
Yes, MetaLaunch is specifically dedicated to serving the top-tier metaverse projects for innovation
Q4. Metalaunch is a product of Asva Labs dedicated to the metaverse, NFT, and GameFi. These items have been the boom of crypto this year, flooded with new projects. What are the functions of Metalaunch in these fields, what new thing can it bring, how can it improve the ecosystem?
Ans — MetaLaunch powered by asva labs is the first multi-chain metaverse launchpad and accelerator, we foster top-tier metaverse and gaming projects. We believe in long term potential of metaverse technology and aim to make a difference in the worldwide metaverse movement. our vision is to fuel the Virtual word Economies. overivew of our ecosystem
Launchpad and Accelerator : Through a more sustainable growth path, we assist innovative teams in raising funds and awareness. MetaLaunch is an end-to-end solution that empowers projects to easily raise capital through initial Metaverse Offering (IMO) and Initial Game Offering (IGO).
Metafied DeFi: MetaLaunch intends to bridge the gap between the DeFi and Metaverse industries. MetaLaunch aims to leverage DeFi for fueling its metaverse and gaming-focused platform. The first platform that brings together Metaverse and DeFi’s world through its ecosystem DeFi product, Asva Finance. Listed project token staking and farming with competitive APY are some of the features that the platform will offer. In addition, it also provides NFT assets as collateral with the intention of bringing liquidity and more utility use-cases.
Marketplace: Bringing together the world of NFTs and the metaverse, MetaLaunch aims to feature several initial NFT offerings (INO) from virtual worlds, in-game assets from leading projects. The platform will also launch special NFT drops from the mystery box, treasury, etc. MetaLaunch team is working on incorporating a 3D used experience into the marketplace. To foster community engagement, the marketplace will facilitate tournaments and various play to earn games.
Q5. Metalaunch is a multi-chain launchpad. You will support projects built in different blockchain ecosystems ranging from BSC, Avax, Polygon & Ethereum, so could you tell us if you plan to add more chains in the future and be able to support other projects?
Ans — Metalaunch is built on BSC, Polygon as of now. Being multi-chain, Yes we will integrate more blockchains from avalanche, solana and more in the upcoming phasess ,Our blockchain-agnostic approach allows us to bring the most potential and highly-vetted projects from emerging blockchain ecosystems.
Questions Asked by our BlockTalks Community Members during live Session to MetaLaunch Team!!
Q1. As far as I know, $ASVA is the Asva Labs ecosystem token but I would like to know if you plan to develop another token for your launch pad or will you continue to use the $ASVA token instead? What are the features or benefits that the $ASVA token has in the Asva Labs ecosystem?
Ans — of course as i said we are building unifed finance ecosystem to the metaverse, we have suite of products under asva ecosystem
$ASVA token fuels the Asva Labs ecosystem with diverse utilities including governance, staking, payment facilitation, and incentivization.
As the world’s very first metaverse launchpad and accelerator, we foster top-tier metaverse and gaming projects. We believe in the long term potential of metaverse technology and aim to make a difference in the worldwide metaverse movement.
Q2. Metaverse encompasses a virtual world for people to interact and transact, so what is MetaLaunch’s preference for scalable low gas blockchains to interact, interoperate and cross p2p? Which blockchains will MetaLaunch choose for a multi-chain structure?
Ans — Metaverse is a life-like simulation of the world we live in, built on technologies like virtual reality and augmented reality. In fact, Metaverse is beyond the replication of our world. A 3D environment interconnected with avatars, Metaverse is essentially an alternate worlds
MetaLaunch is the world’s first multi-chain Metaverse launchpad and accelerator platform committed to the sustainable growth of the Metaverse and the gaming industry. MetaLaunch aims to support unique and ambitious projects across multiple blockchains like Ethereum, BSC, Polygon, Solana and Avalanche.
Q3. I read that you will develop a 3D virtual marketplace for MetaLaunch, created to support the global metaverse movement. But, can you give more information about this development of your platform? How this virtual marketplace will help in the development of your launch platform?
Ans — of course , Bringing together the world of NFTs and the metaverse, MetaLaunch aims to feature several initial NFT offerings (INO) from virtual worlds, in-game assets from leading projects. The platform will launch special NFT drops . we are working on to build immersive experience marketplace To foster community engagement.