AMA #2
A few updates, we're getting closer to polishing every important backend & frontend part of our metaverse to a desirable degree, so any of our early NFT adopters will be able to play around with their land very soon!
At this particular time, we want to focus on the real estate development aspect of the NNY metaverse, as well as fashion related events in the aforementioned ecosystem (potential keyword: Silicon Valley Fashion Week 👀). We'll be able to invite more people once we have reasonable, solid barriers to entry.
Will the apple token be listed on an exchange?
Not in the near future. In terms of the platform, we don't want to issue the token just yet. We want to be 100% compliant with the US SEC guidelines. To be very frank, we're waiting for the US laws to become much clearer, so we can move into the same direction (I reckon we can say the same for BAYC and projects alike).
Will apple points be distributed as a an ERC20 token or just in NNY ecosystem?
The apple token is currently an ERC20 token on Layer2, but we'll currently just be using it as a point system, instead of trading it in the exchange.
How do you set up an Art Gallery in NNY?
Basically, the first thing you oughta do is buy a reasonably sized plot of land (either a single plot of land, or a combined plot of land, consisting of multiple contiguous/adjacent ones (you can save on gas fees if you mint multiple plots of land as a single NFT). Then you can either build your own building or buy it off the marketplace and set up a gallery in the building itself.
Is the plan to eventually release more plots of land over time. If so what plots of land would be next to release?
It'll be a similarly sized batch, most likely below the initial batch in terms of location, according to the real-life map of NYC. Roughly 90,000 plots of land will be available in the Manhattan area.
Are the plots we can mint , different then the ones we reserved ? Or is the ones we mint , the ones we reserved . Because the mint buttons comes and off
At the moment, we've dropped the reservation requirement in the initial, first batch of land, allowing you to mint your reserved plots before the reservations expire, or by minting an unreserved plot directly.
Question for AMA what will be the marketing approach for NNY , LL, LDC and Treasure Island ?
We'll be focusing on NNY first, by hosting online events, with our sister company Real Loop Landloot will remain an IMX Launchpad, allowing voters to receive airdrops from any successful projects that are launched through us that any Landloot NFT holder can vote on.
Lucky Dog Club will closely be collaborating with merchandise, clothing and fashion brands, but it's still a bit early in terms of the market.
Treasure Island will also become a 3D game-oriented (earning points) metaverse in the future, connected to our NNY metaverse, allowing people to create & develop similar objects & games in a similar sandbox mode. It is, however, still a bit early for that.
Question for AMA can you advise on the size of team. Will you be doxing?
Our team consists of roughly 20 members at the moment, split across the United States, Europe and Asia. Bo has already doxed himself as the founder, with others following in the future, according to their own volition.
Question for AMA, when will we be able to build on land, and exactly can we ? Thanks
We're on the cusp of releasing the building mint interface, but we'll be doing further testing before we fully reveal it. You can use any 3D-modeling software, so you can already work on any potential buildings in advance, and then importing your .obj files to erect your building on top of your land. There will be a few limitations, such as zoning and setback requirements in terms of buildings. More info @ NNY - PLOT & NNY - BUILDING& NNY - Open Toolkits
how can we be sure there will not be infinite supply of land coming to the market which make current batch drops in value ? For example, there is 1 popular plot in W57 street currently selling for only 0.09 ? what is there to prevent or discourage people to set floor so low?
The land is limited due to the design itself, as it's based on the real-life map of NYC. We don't have to be concerned about short-term flippers (especially since Landloot and Treasure Island NFTs were both freemints), since it's the long-term holders that have a better chance of success, and a more lucrative one at that.
1.Information about the team, how many members2.What are the innovative points of the new New York in terms of playing mode and technology 3.When can I play in the neoNewYork 4.Is Apple a token, what is available for purchase on the uniswap and what is the total amount
2. We're 100% compatible with Decentraland, but we're about 10x better in terms of resolution. In other words, we'll be able to build better-looking buildings and have a better-looking environment in general. We're the only metaverse at the moment that's spaced out on both Layer 1 as well as Layer 2, Having buildings etc. on Layer 2 allows people to mint them free of gas fees We're also the first metaverse that supports the merging of NFTs into a single one (as well as splitting them, which will become available in the near future). 3. We're still polishing certain parts, but you can expect to be able to walk around the city within a few months tops.
two questions: 1. Will the actual Green spaces and streets be identical in width and detail to the original? 2. Can you please show us a fly through or walkthrough of the actual 3D world so we can see the detail that you are saying that you have?
The streets & certain areas are nearly indistinguishable from the real-life version, but not a complete 1:1 copy, as we've straightened out some parts of certain streets for aesthetic & uniformity purposes, so it's very similar to the original, but not its exact copy.
We'll be adding more world/metaverse sneak peeks as we go along and hopefully have the experience ready very soon!
Will the rarity of landloot and the land that they own be relevant and if so, how..?
Not at the moment, as we've gone with a simplistic approach with regard to NNY, so we may add Landloot related events/areas, but it will remain a launchpad (you can expect quite a few projects to be voted on & launched in the near future, now that we're almost done with NNY).
How to claim the 300 points/tree a day from owning land on NNY?
The point system will properly kick in after the public sale, so you can expect to earn 300 apple points per day after the aforementioned phase ends.
What are all of the things we will be able to do with applepoints?
If any reserved plots get released, do the folks get back what they reserved the plot with (e.g. applepoints)?
We cannot list all of the potential things we could use in the future due to the magnitude of its usecases, but there'll definitely be lots of uses for them, with the main role being our metaverse currency. More info @ NNY - $APPLE TOKEN. It largely depends on how you reserve your land, since apple points are consumed in the reservation process, but e.g. staking an NFT for your reservation obviously doesn't burn the NFT and releases it after the reservation ends in a successful purchase or when the reservation itself expires.
when will the 2nd batch be coming and will minters of the first batch have an advantage for WL or automatic WL?
We'll be following the same rules in the coming batches (you'll also be able to use the points you earn by already holding land in the first batch, since the point system will kick in soon). No concrete date set for the 2nd batch yet.
Is there a roadmap or something to show people what you're doing and what progress you've made
A roadmap isn't suitable in the current situation as we may adopt breakthrough technologies in the future, but we'll be updating you along the way.
Are there any partner organizations that can tell investors to increase their confidence in investing?
Rather than enticing you to invest, you can make an informed decision yourself by following what we do and what we've accomplished so far, since short-term investors/flippers aren't optimal for either party. There will be additional partnerships being formed in the future.
I would love a mockup editor so I can paste my 3D model into your world before going live with it. Will you have that soon?
Hopefully, we'll have it ready for the public within a few months, but we don't want to be too concrete about the dates, because things can get slightly delayed from time to time.
When will there be more marketing activities? Seem like not many people know about this project and the floor price is not too encouraging.
We'll be focusing on marketing soon enough, but we'd rather attract long term investors, as opposed to short-term flippers.
In AMA1, it was mentioned that if you sold a building on the land, you cannot sell the land as you do not own it 100%. So what was the status of land then? Is it still mine or not? If I build a skyscraper on 4 plot of lands and sold the skyscraper, does it mean I lose the 4 plots of lands as well? What if I sold only 1 level of the skyscraper, my 4 lands are dead as well? I dont get it. If I want to make good money out of the investment, is it better to leave land empty then?
You do not lose the land, you just don't have 100% ownership of it anymore, so it's staked It's just like in the real world, if you wanted to tear down a building, you'd have to buy out 100% of the residents before the land could undergo any demolition. Regarding the last bit of the question, that also doesn't mean the land has to remain empty in order to sell the land itself, but you can also remove any buildings & objects off the land they're on.
Is the NNY team the same team as LandLoot? Any plan to share the profile of the NNY founder, team members & current backers in the Discord or NNY website doc.?
There is some overlapping, but it's a slightly different team, a larger one, but within the same company. The other part has already been answered above.
At the moment , who is in charge of the wallet(s) where all the minting payments are sent ?
The rule of initial payments will be similar to what Sandbox has, with a percentage going to the developers, a percentage to the initial investors, as well as with a percentage going to the community projects in the future. Currently, we're in charge of this particular wallet, since we're just getting started and we've been doing the minting ourselves, but generally, the rules will be similar to what Sandbox has in terms of DAO-oriented rules, tokens, etc.
If multiple contiguous plots are minted, can we sell the land individually?
Yes, you'll be able to split it, but you may have to pay separate gas fees for each separate plot or NFT(if the plots are combined in the sale).
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