We released an article about fungible and non fungible tokens.


https://medium.com/cosmoscr/fungible-tokens-vs-non-fungible-tokens-why-nft-is-instrumental-in-the-future-of-blockchain-c5192cc46aad


More articles about the project will come on Monday.

We have ways to solve point 2, but the problem making decisions decentralized takes much longer then centralized. 
Point 3 will start with a basis and evolve over time together with the community.


We're indeed a dutch based and registrated company. We dont accept US and Chinese citizens in the ICO.

I dont think it's that easy, cause eventually the whole product need to be global and that include people from the US and China.

1) We want to be accepted on exchanges and exchanges dont list security's (if they do this can suddenly change in the future).
2) People from the US are allowed to buy utility tokens, just in the ICO it's different. If you make a dividend/burn system this can still be considered a security.

Yea totally agree, we think its really important to really put the foundation as perfect as possible, this needs much more planning than people actually think. Making a NFT is easy.
But think about solving this.

- People losing PK with land parcels on it.
- Content that is offensive for many people (easy to solve centralized, but we are creating a decentralized virtual world) True ownership is a asset.
- Rules in the virtual metaverse.
- Dynamic land system.
- Making it easy for people to create without programming knowledge.
- Data sharing to make the virtual world work as good as possible

Solving things like this will give us advantage in the future, but are not live in the present.

Our greatest advantage is our system, but we are not done designing and developing it. We know we can make it now its our job to make it as great as possible.
We understand people hear that probably a lot, but if we had this already complete and as perfect as we plan it, we would be miles ahead of everyone and we would never ever sell tokens for this price range.

What we're creating is super cool and we see it as a new way how to use the internet in the future.

Yes you have a great point here, Plugins have to be controlled because we dont want the players getting scammed, thats where the non profit foundation comes into play again. We like to reward companies to work together with the non profit
foundation and all plugins that will be offered (free/sold) on our community store will be controlled and verified. This is sad cause it cause a delay and some sort of centralization around the apps that we provide, but we cant risk people getting hacked and scammed. This store need more details from the seller aswell.

Hi everyone,

We released a small article about non fungible tokens (hope you enjoy it!)
https://medium.com/cosmoscr/fungible-tokens-vs-non-fungible-tokens-why-nft-is-instrumental-in-the-future-of-blockchain-c5192cc46aad



The first hash of bitcoin is already hidden (not really well but its there)
We are thinking about Eastern Eggs, but im not a puzzle maker (might need to ask around for that).


The chance is big yea, and you better not kick the Bull. We can make fancy models that reduce suppy with 90% and burn and pay dividend, but our goal is much better! Get adoption for the platform and that bring value on its own.
We really want this to serve as a utility token for the platform.

Well it would work, but the ICO is a great way to actually build the company to be substainable for many years, and make a coin distribution to a full community that also
will be the first adopters (and kinda ambassadors). Although many companies took advantage of the situation a good ico is not that bad at all.

We can make a small example area, but we didnt evolve the whole system so we can't make it big. Would make it to slow to run on one server.

I will ask our team to set something up! As like a small demo



Everyone i would also suggest to go to our website, and we have a Webvr demo (click on the 3d Goggles)

Than wait till it stopped close before our logo and click CTRL ALT + i  (you will see how simple the scenes actually are created) And walk around with awsd.

https://imgur.com/a/kL8mVrV       (used imgur cause dont have acces to the server from home) Small example made with A frame

We already have a webvr demo on our website https://cosmoscr.io (this is a small demo running on one server), but it does show the VR experience online in the browser.
We get the biggest advantage from our data sharing and storage solution that we will write about in an Article made by our CTO.

If we would have a product complete ready we def. wouldnt have to do an ICO at all, look how many games and project raise money in-game. Now this will all go to the Non profit foundation to
support long term development instead a getting rich scheme. (we have a lawyer firm to show people we are here to stay and taking the serieus steps to create something we are passionate about)

I understand your concern, but it's sad for the industry that projects with bad MM or other probelms actually make it harder for projects that trying to buidl.
Hard to seperate the good from the bad. Personally also in some ICO's that actually made a complete 180 turn compared to their project.

This will evolve our end goal is to be able to make everything.

The landtitle/planets are a great combination, I dont see how other project gonna solve this problem. Eventually you might need more space, but what if you cant grow and your neighbours dont wanna sell their parcel to you.

Our goals is to make it as easy possible for the users, Like running a wordpress website. But it also depends on what level you like to create.

examples, 3d models can be bought from our community store(easy). But you can also create your own models with a free program like Blender, We will release guides on how to do this, and what files are preffered like glTF of Obj.
You will be surprised how much fun this is. (My previous profession was in a big engineering company making a lot 3D models with Inventor).
How about selling your own 3d models after you made them in the community store .

another example, we will make an sdk that will make it easy to create your own parcel content, easy for houses, communities.
but do you want to add a high end webshop in it with payment integration this need some coding experience. or someone might already made a plugin for this and is selling it in the community store.

To make everything as easy as possible we will create guides and content that people can use for free, we will do this all from the non profit foundation website that will be released Q2 2019.

We totally agree, we dont want to be a security just a great utility that actually got utility.


Well i do understand why projects do it make a huge deflationary token system and make investors and yourself happy for a moment, but eventually its all about
use-cases we know we can create something that will grow for a long time and that will bring true value.


NFT are brilliant, you can do it with clothes, houses, cars and Avatars but we dont want to only sell things people should enjoy and not having to pay for every move they make.
But think about free games like Clash of clans and Fortnite raising over 100m plus only on ingame sales.

And again we dont do this ourselfs everything we sell will be sold by the non profit foundation, so all returns will go to the platform.


I didnt read to much about Mark.space, but they are complete different than our project, we aim to let people create and use their imagination (we also will have premade content). And they look to me more
like building a city themself that is not fully aiming decentralization, cause people actually need to pay a running fee.

Burning tokens is not a good idea you will most likely be considered a security instead of a Utility token. You can burn unsold tokens though, just not on regular basis.
Same count for a buy back program most likely cause it gives people Expectations of Profit.

We're a utility token and we focus on main adoption that will drive the price, every extra additional rewards need to be reviewed really well and discussed with our lawyers.

 

If we decide to go for this system then yes you will need to hold some amount of tokens, this is to prevent people to trick the system or run unstable nodes.
Eventually people need to hold a stake to get incentives.

Some are close to a Mvp, but none a fully working model atm. Having to shut down cause of the crash would be really sad, cause eventually they made a plan
raised the money and should launch a product. I do feel sorry for many projects though. We probably wont have such easy time raising the funds cause people
are sceptic and emotional in the market at this time, but we know that if we raise at least the minimum we can make the product great. The rest will follow.

YEA we def. want to do that. We believe non fungible items are gonna be huge in the future and like stated before we plan on making it easy to use them on our platform.

We havent decided yet but you can do so much more with non fungible tokens examples

Online metaverse id
Avatar clothes that are unique and limited
Collectibles like special game cards, items.

And much more, but or first stage is a great foundation for the world and than build upon that.

The non profit foundation will raise tokens with the token sale taking tokens out of the circulating supply untill they are used for something that itself will bring more
value to the platform. We're creating a voting system for some decisions about the platform, people might be rewarded for taking part in the voting but will have to lock
a x amount of tokens for a specific time period. (put your money where your mouth is system to avoid abuse)

Beside that we want to support hundreds of use-cases and they all can have a system that lock coins think for example about a smart contract lottery or a monthly
game competition that needs a small payment for the reward pool.


I agree the token should get value and holders should be rewarded, just also you need to be really carefull in what way you do that. Picking a wrong reward solution
can make you a garanteed security and then you wont be listed on exchanges.

No we have more things.

We have the ICO token called $CYBR that will serve as a internal currency.

We will also have a non fungible token that will serve as land ownership but at the same time it will serve the network
by storing unique data about the content that is on it for the data sharing solutions.

Also we are looking at different models for extra incentive for people to run a Node/server.

Yea lol based on the dutch tax system, up to 52%. 

We have a non profit foundation that will make all raised tokens go back in the mataverse.

First the ICO funds will be used to create the product and do a big marketing campaigne. After also the foundation will have tokens that can be used for global adoption.


Yes we do have a utility token that will be used for the complete world, land will always be sold by the non profit foundation so this will raise tokens for the foundation.
(trading from land is always p2p). Also will the foundation create content that is people can buy raising extra money. All this raised money is inside a officiele legally setup
non profit foundation that everyone can verify, cause its all about the adoption so all money will go back into the project.


I agree they have much more to show at this stage, i hope this is different in a year. Dont forget thats also the point of an ICO to grow your team and make a great product. Developers are expensive, but buying the right ICO is a lot fun and can actually be really profitable.

Whats really important that the fundamentals are there and the future product can bring in a lot people, we believe we have this concept ready and cant wait to finish it.

Decentraland is a great example as many people say already, look at their land and the prices, we will start with less land and every 5 eth you get a free land parcel.

And like i said making a comparison is mostly misleading cause we can write in it what our goals are and we will look insane great, but we dont have it live yet. We want/
to show you all with a product not some biased made graphs.

Actually Oculus Rift is doing this already way before this even, VR will never be a space that is "Done" just like computers and mobil phones. It's not the most fast moving sector but it has huge potential and people love it really. Thats why over the next few years it will only grow and AR and VR combined will make this market go even faster.

Same count for many big companies now they started when the market was not fully evolved yet that gives them the head-start when the tech gets more adopted, we want to do that with our VR metaverse.



Hope i answered everyone, now going to a Christmas market and will answer new questions as soon as possible!

Have a nice weekend everyone