AMA RECAP : CRYPTO CHALLENGERS x GETAVERSE
Venue : CryptoChallengersD
Date : 22 JUNE 2022
Time : 12:00 PM UTC.

Guest: YUBY
They shared detailed information and his opinions about the project GETAVERSE

Yuby,
Hi my name is Yuby, blockchain and crypto enthusiast, with up to date knowledge of global blockchain and crypto activities, I have actively prompted many projects to the worldwide crypto space, willing and available to provide effective and efficient solutions to the growth of Getaverse.I am a co-founder in Getaverse tasked with the responsibility of representing the brand in prospecting and marketing to our community and investors. Helping to create brand worldwide awareness within the crypto community, ensuring to update our community and customers within my ecosystem on the recent happenings and projects being carried out by the brand. Driving also strategies to represent and promote the brand on twitter, discord and telegram.

Ryan Chris @CMO of Getaverse,
My name is Ryan , I am a Bachelors degree holder In Finance and data analytics , with over 5 years of professional experience In crypto and development ; Specialist In market research , digital marketing and data anaytics .
I have gathered a solid knowledge and understanding from my experience In the crypto world and the metaverse or what we nowadays call web 3.0 .

1.Can you briefly introduce Getaverse?

Getaverse is a blockchain credit system deployed on several public chains. Its establishment aims to create an ecological metaverse service platform based on the Web3 digital authentication engine protocol. In Getaverse, users can improve their income and credit score by participating in activities and holding assets on the platform with their special Decentralized Identity (DID).

2.What are the advantages of the Getaverse system compared to other projects?

1. Getaverse is the first unified identity platform and network based on Soulbound Tokens (SBT). It uses a staking incentive model and combines it with digital identities, creating the concept of a Web 3.0 credit system. As mentioned earlier, it is an anonymous, autonomous, verified (staking) identity model.

2. Getaverse is the first open Decentralized Identity bridge that connects all Web3 application ecosystems. It also provides an underlier system for composite applications and value discovery for Web3 applications (on a global scale).

3. Getaverse is the first system that exists to transform the value of personal data from Web3. It enjoys a promising future and boasts the potential to revolutionize the current blockchain market innovation pattern that deprives individuals of the value of information to increase the value of the individual and the system over time.

4. Getaverse is the first comprehensive service platform dedicated to promoting digital identity ecology and access to Web3 application products around the world.

3.How can users use the various Web3 applications in Getaverse?

fter users register in Getaverse, they will get a temporary DID identity. Through this digital credential, users can start to build their own credit system and participate in the platform ecology and use various application products

Getaverse offers the best API interface feature in the crypto industry. On Getaverse, users can participate in the Getaverse ecosystem to access various Web 3.0 applications through the interface provided by the platform, including but not limited to DEX, NFT Collectibles, DeFi, GameFi, Metaverse projects, etc.

4.How the Getaverse system works?

1 Upper layer
Getaverse provides community members with the ability to manage digital credentials and contribute to our data network. Our infrastructure supports credential management through multiple data sources. For on-chain credentials, curators can provide subgraph queries or static snapshots.

2 Digital Identity
For all users on Getaverse, DID can be your general username. It represents your multi-chain/multi-wallet identity on Web3 and will be your only SBT credential on the Getaverse platform in the future. With DID, Getaverse users will be able to view their credentials collected in the Web3 world and prove their past achievements and credits. Getaverse will enable the following tasks in the initial phase:
- Managing the community
- Customizing the voting system
- Developing loyalty programs .

1.Coin Burning and Buyback System is one of the attractions for investors to invest. So is there in Getaverse Global such a system or are you planning to have a Coin Burning system or coin purchase to increase the value of $SBT tokens?

We have a Token buurning plan to increase our Token value, I am gonna share it with you now.

1) Web3 applications Access fees provided to the network by third parties (dapps, credit risks, insurance companies, advertisers, dexes, etc.) are paid with GETA.

2) DAO-Governance grants users access to voting governance through token staking and allows them a certain share of the revenue.

3) Owning more GETA helps improve credit scores.

4) Projects must pay a certain GETA fee when borrowing user data, data tools, and other platform tools. The paid GETA are all entered into the Blackhole address for burning to create additional ecological value for all GETA owners.

2 Node consumption
1) Output halved: nodes will produce tokens, making a total of 3.25 billion tokens. But every year, the output of nodes will be halved, with a total output of 1.2775 billion and a total burn of 1.9725 billion.

2) Operation consumption
Each node will consume network resources when it operates. The amount of consumption is related to the credit rating. The system will give priority to support those nodes with higher credit rating. The consumption constant is the system network consumption pressure per day in the network of operating nodes.

3) Nodes suspension
If the user does not pay the node fee on time within 24 hours, the user’s node output will be suspended. During the suspension, the user’s credit will be used up. If the user’s node fee remains unpaid for more than 72 hours, the node will be taken offline.

4) Deposit for payment
The user can store the required network cost of the node in advance in the node account so that the system can deduct it automatically.

2.What are the most highlighted feature in your platform that can make it stand out in the market? Does is open for begginers or only for crypto experts? How would you welcome non-crypto natives to explore in your platform?

In competition between crypto projects , we see that some of the analyzed projects lose value and do not recover, while others keep their value for a way long time.
and i must say that There are many competitive advantages for our project getaverse .
And when I say “competitive advantages,” I’m referring to blockchain projects that demonstrate a competitive edge over the other 15,700-plus listed cryptocurrencies. Differentiation is absolutely imperative for digital currencies to stand out in an increasingly crowded space.
For example in a comparison between the four crypto projects related to digital identity product ; project Galaxy . Spruce . cyber connect and Getaverse.
Getaverse come in the top of these projects because it has values and additional features that other projects don’t possess , which will eventually make it stand out from any other projects.
I will show you what i mean by that : Getaverse has web3 underlier, did digital identity , decentralized storage where users can store their data, credit accumulation , the metaverse interface in the crypto industry i addition to defi tools while the 3 previously stated projects have only 2 to 3 advantages from the 6 stated.
Which makes Getaverse stand out as a better, comprehensive project in the crypto industry

What makes our project special is that it is open for everybody

3.Can you simply explain what GETAVERSE is aiming for?
Is your project now complete and can we use the services that GETAVERSE provides?

The core principles of the Getaverse are those of universality and decentralization, and its all-encompassing vision of managing and securing our users identity, history, communications, and payments in virtual worlds .
As we mentioned earlier , In getaverse we aim to create an ecological metaverse service platform based on the digital authentication engine protocol of Web 3.0 .

and about our services, they will be ready soon, you can follow us on our official and Twitter page to be notified of any project updates.

4.According to your website, Getaverse is more than just a metaverse reputation system you will be the top private domain traffic portal in the future and you will a bridge to connect Web3 to the majority of digital users in Web2. Can you please explain how you make this possible?

What makes getaverse very unique is that the project itself will provide a bridge that links between web 3 and the huge numbers of web 2 users . In addition to providing a Decentralized Identifier to each specific one of its users.
Our project is The first open decentralized identity bridge for Linking all the web3 applications ecosystem .
Since we all know that Web 2.0 is the current version of the internet , while Web 3.0 will have a strong emphasis on decentralized applications and make extensive use of blockchain technologies.

That’s why we at Getaverse came to connect and link between the two web worlds and make connections and interactions on a global scale .
Getaverse will reshape how we relate to one another , build and manage communities, fiancials credentials and more is yet to come .

Getaverse’s goal is to become the largest traffic portal in the Web3 world — providing a simple, comprehensive, recordable, and valuable “entry”.

① Establish a complete WEB3 application interface

DID is an integral part of web3.0 and the metaverse. Improve the underlying operating framework based on the Getaverse system, provide WEB3 application excuses, and realize and enrich the value capture conditions and methods of users and WEB3 applications.
②Open the next phase of DeFi

Reducing or completely eliminating collateral requirements in the future is key to bringing DeFi to mass adoption. Having a robust DID layer could allow “on-chain” credit scoring, providing users with credit-based lending opportunities

③Providing WEB3 value validation application scenarios

One of the obvious gaps in the WEB3 application scenario is to provide social needs based on DID digital identity. Getaverse will start with huge users and perfect infrastructure, and through the DID credit system, it will open up a high-quality social channel between social and WEB3 and the metaverse world. Realize the real WEB3 value confirmation.

④DID user incentive

Getaverse has a set of mechanisms for motivating users’ participation in ecological contributions. Users will receive additional ecological incentives when they participate naturally or actively, and this direct or indirect incentive can stimulate users’ participation habits and amplify their ecological value.

5.What are your top 3 things with high priority in this year? Do you have plans to attract and gain more users for #Getaverseglobal ? Does your project have any giveaway, referral or stacking program?

We want to share more details with your community 🤝

Open the wallet port.

Launch the DID digital identity system and deploy the genesis node.

Start the systematic token production, and launch the SBT-based reputation system.

DAO governance goes live.

Q1-Poker,
The total supply of the GETA token is 5 Billion, so can you tell us how the token distribution is ? Also What are the existing ways that you offer to get this token?

[In reply to Poker]
$GETA is the governance token of Getaverse. There are a total of 5 billion Geta tokens issued.
Current ways to get $GETA:
① Become a member node;
② Referral reward;
③ Purchase in the secondary market.

Q2-Diran Abudu,
Can you tell me the main advantages that will help you become a market leader considering that there are competitors and the market is overcrowding with existing and upcoming projects?

[In reply to Diran Abudu]
1. Getaverse is the first unified identity platform and network based on Soulbound Tokens (SBT). It uses a staking incentive model and combines it with digital identities, creating the concept of a Web 3.0 credit system. As mentioned earlier, it is an anonymous, autonomous, verified (staking) identity model.

2. Getaverse is the first open Decentralized Identity bridge that connects all Web3 application ecosystems. It also provides an underlier system for composite applications and value discovery for Web3 applications (on a global scale).

3. Getaverse is the first system that exists to transform the value of personal data from Web3. It enjoys a promising future and boasts the potential to revolutionize the current blockchain market innovation pattern that deprives individuals of the value of information to increase the value of the individual and the system over time.

4. Getaverse is the first comprehensive service platform dedicated to promoting digital identity ecology and access to Web3 application products around the world.

Q3-P….K 💝💝💝💝,
Do you have Whitepaper if yes, please share it with as secondly do you have plans for pre-sale? Now where can we Join l it?

[In reply to P….K 💝💝💝💝]
Official Website: www.getaverses.com

Official Getaverse Social links:
Twitter: https://twitter.com/GetaverseGlobal
Telegram: https://t.me/Getaverse_Official
Telegram Announcement: https://t.me/Getaverse_News
Discord: https://discord.gg/getaverse

Q4-SCOOBY,
I read that Getaverse will have a Credit System. Can you explain to us more about this? How will this Credit System exactly work? What makes it so innovative? How can the people in Getaverse start using this system? Also, what advantages can users get from this Credit System?

[In reply to SCOOBY]
For all users on Getaverse, DID can be your general username. It represents your multi-chain/multi-wallet identity on Web3 and will be your only SBT credential on the Getaverse platform in the future. With DID, Getaverse users will be able to view their credentials collected in the Web3 world and prove their past achievements and credits. Getaverse will enable the following tasks in the initial phase:
- Managing the community
- Customizing the voting system
- Developing loyalty programs

Q5-P….K 💝💝💝💝,
Is your project a community only for English speaking an countries or for users not of other languages ?☀️☀️☀️

[In reply to P….K 💝💝💝💝]
Our project is for everyone.

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