AMA RECAP :CRYPTOSTALKERS x JEFF WORLD

🗓 DATE : 18th August, 2022
⏰ TIME : 3:00 PM UTC
🏠 VENUE : @thecryptostalkers

💭 Guest:
🧑‍💼: William — Team Member

INTRODUCTION:

Ibrar Rasheed:
Q1: Enrich our audience with brief introduction about yourself and what’s the thought behind name “Jeff World”?

Hypnos:
As I said, I’m William, the CEO of JEFF World. To give a little background about myself, I’m the author of ‘NFT roadmap to Metaverse’ Author.

I previously worked in the IT sector as an Analyst of Eugene Investment CO., LTD.
During my career, I won several awards for ‘STARMINE ANALYST AWARDS Asia Top Stock Picker’ and also the Winner of ‘The Korea Economic Daily/Mail Economic Daily Best Analyst in Electronics/IT sector’

Regarding the name “JEFF World”, JEFF stands for “Journey to Experience For Fun,” which aims to be an integrated platform where anyone can have a unique journey through fun experiences on the metaverse.

Ibrar Rasheed:
Q2: Please briefly introduce concept of Jeff World. Also please tell us how it’s “Second Chapter of Metaverse”?

Hypnos:
JEFF World is a metaverse centered around the community. Users work at JEFF World and create their own culture.

Based upon the level of contribution users made into the JEFF World ecosystem, they will be receiving rewards according to this engagement, which can be used to pay for shopping for instance. We also have many different use-cases and activities available.

Actually many Web2 companies are actively participating in helping JEFF growing, and there will be more activities to experience

Yes I don’t want to reveal too much at this stage, but we have already some partnerships with Web2 brands and companies already That’s all I can say for now

Ibrar Rasheed:Q3: Overall market conditions are so rough, how your revenue model works? And what issues you’re solving in Crypto industry?

Hypnos:
JEFF World is trying to create a permanent crypto ecosystem that requires stable Tokenomic through tolerable low inflation. JEFF World make the bridge between Web2 companies’ metaverse advertising needs and receive both rent and advertising fees from companies.

We will be using some of these funds for token-buy-back as well as instore a burn mechanism. This way, we want to keep the Tokenomics valuable with specific use-cases.

Ibrar Rasheed,:Q4: What are the basic products & services does Jeff World is offering? Is team doxxed?

Hypnos:
JEFF World is a platform that provides a lot of utilities for the NFT community and enables a new concept the “Meta-Commerce” which facilitate payment services. The difference from other metaverse is that purchasing in the so-called virtual space leads to reality (e.g. purchases made inside JEFF World could be delivered offline).

Hypnos:
For the second part of the question
The team is fully doxxed. Actually, JEFF World Project is a metaverse conceptualized by an affiliate of Danal, the №1 payment platform in Korea. Danal is a strong player in the payment gateway (PG) market, and has been adopted with many large companies, which are obviously also doxxed.

Ibrar Rasheed:

Q5: Last but not the least from this segment, Please enlist the big names in your partners and backers list.

Hypnos:
In addition to its own content, JEFF World has partnered up with notable organizations all providing different services and offerings.

DEXTER Studio, a Korean VFX company, SRT, a high-speed rail operator, Joy City, a game developer, and Domino’s Pizza, a restaurant company everyone knows, are dedicated to boost JEFF World ecosystem. :)

TWITTER QUESTIONS:

Ibrar Rasheed:
1. Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project? Many projects fail because the target audience and clients are not understood. So I’d like to know who your ideal consumer is for your product?

Hypnos:
Alright there’s a lot to uncover here, sure let me explain

JEFF World is a corporate-type metaverse. Businesses are always listening to consumer opinions and voices, and so is JEFF World. We recognize that more companies can enter the metaverse only when they have a strong community, wherein JEFF World ecosystem can facilitate this development further.

Since metaverse space are by definition limitless, we can create anything, JEFF World is trying to create a space where users can let their imagination run wild!

I hope this covers the question in its entirety, we can move on to the next one

Ibrar Rasheed:
2. I see that in Jeff world all we can get our “Own LAND”. What is the importance of land territory in Jeff world? Is there diverse land according to size and shape? What are the feasible ways to get own land in Jeff World?

Hypnos:
JEFF World tries to capture the characteristics of reality. We all live at home. To be active in Jeff World, a plot of land is required. Thus, we are planning to build a house on the different available space.

There are 3 types of lands based on different size. Meanwhile, the houses have 6 visual distinct concepts & visuals. This totals to over 18 kinds of choices.

And if you own a house, you get your hands on an important property which will give you unique rewards. This creates a unique benefit for the Landholders.

Ibrar Rasheed:
3.What marketing strategies do you have planned to increase the validity of your brand?
Are you planning a strategic partnership to level up your project?

Hypnos:
JEFF World already received an angel round investment from a Korean VFX company in April.

The Token issuance is also scheduled, we are trying to attract various firms to the metaverse by addressing the payment market in the metaverse, which comes naturally as the payment business from the parent company is strong.

I think our brand will naturally become more in-demand as the ecosystem grows.

Ibrar Rasheed:
4. Based on your Roadmap Q4 2022, There will be a PFP-Avatar NFT Sale. So How many PFP Avatar NFT will be there? When will this sale start and Can we join and Purchase some Avatar? Lastly, Any land land sales coming soon?

Hypnos:
There will be 10,000 JEFF World PFPs. The NFT designed from the beginning to be implemented on a metaverse.

You can show your own identity in the metaverse space. In addition to JEFF World’s avatar, it is also interesting that PFPs from various NFT communities can be active in JEFF World through 3D modeling. Partnerships are in the pipeline 🔮

yes, land sales coming very soon, make sure to follow our SNS to keep up to date with the project as well

Ibrar Rasheed:
5. The first and foremost fundamental pillar of any project to get it as the heartthrob in the space is the security and having comparatively higher facilities than the other existing traditional platforms. So how secure Jeff world is? How will you ensure us the security of our purchased land and Why Jeff world is better than any others?

Hypnos:
If we explain what is different with other projects, JEFF World aims to be a hub platform unifying diverse ecosystem. We want to connect all domains and platforms such as communities, payment and token system, Web2 & Web3 business models in order to make each other interdependant and thrive in this new economy and ecosystem

LIVE AMA QUESTIONS:

Hailey:
Who are the team members behind JEFF World?

Hypnos:
Besides myself as introduced earlier, we have:

Cavin / CTO

- CCR RF-Online MMORPG Engine development team chief
- Zerodin Engine development team
- Laqia MMOPRG development team chief
- Rhaon Entertainment PD / TD

Bill / Block Chain

- Hedge Fund Manager @ IBK Asset Management Co,Ltd
- Equity Fund Manager / Tech Analyst @ Taurus Investment Management Co., Ltd.
- Analyst @ EUGENE INVESTMENT & SECURITIES CO., LTD

Soso / Business

- Live Platform Planning/Operation/Contents Managing
- Influencer Contents Planning/Managing
- Live Commerce Contents Planning/Operation
- Director of the Live Platform Awards
- Director or the Payment system

Ryu / Art

- Graphic designer at NCSOFT, CAPCOMKOREA, eTOYLab
- Multi-platform game development: PC and mobile games

Roy / Program

- NDREAM Development/PM
- YD Online Client Developer
- Gamevil Client Developer

Kyewon LEE:

Most Project originating from Korea launch on the Klaytn mainnet, what was your rationale behind choosing ETH as the L1 to develop on?

Hypnos:
JEFF World aims to be with the global community. In the beginning, Korea will have a high proportion of users, but we want to create a new world by developing a unique community with a multitude of cultures. In addition to ETH, there are various communities in L1&L2, so Jeff World will adopt a multi-chain strategy in the long run.

stella:
Why did you decide to launch your project during this heavy bear market for NFTs?

Hypnos,:
Although NFT prices are weakening, the perception of NFT has changed significantly from the past. Companies and institutions are also adopting and entering the NFT market.

Because the NFT is a commodity that makes up the metaverse, the growth potential of the metaverse is increasing. As a result, it seems inevitable that The metaverse market will soon bloom.

Developing a metaverse takes a significant amount of time, we believe that it is better to prepare quickly and adapt along the way despite the market downturn.

Ariana Federation:
👇👇👇👇
What is your top 3 things for priorities in 2022?Could you share some plans for the upcoming year?

Hypnos:
First, the most important thing is the development of metaverse platform.

The development status is disclosed through community such as Discord and Twitter. The metaverse world we stay in must be beautiful, so we’re focused on graphic work.

The 2nd is to partner with a lot more companies than we do now. JEFF World wants to increase trust in Crypto and contribute to investors’ long-term profits by working with many companies.
The third is the enhancement of Tokenomics. It is to generate a lot of profit through negotiations with many companies and use it for token incineration and buyback.

The 3rd is the enhancement of Tokenomics. It is to generate a lot of profit through negotiations with many companies and use it for token burn mechanicism and buyback.

𝐬𝐚𝐧𝐣𝐞𝐝𝐚:

Staking programme is very important for any project? Can i stake your token? Do you have any plan of starting staking programme?

Hypnos:
We are currently preparing two types of staking systems.

First, the LAND Staking. Users who own Land can mine JEFF World’s Governance Token through staking until JEFF World becomes officially serviced.

Another one is Token Staking. A certain portion of JEFF Token’s distribution plan has already been allocated, and rather than simply cashing out on the Staking Rewards, there will be benefits to experience and consume content at JEFF World.

Lastly, we are focusing on the LAND-Staking system, and we plan to release the Token-Staking in more detail at a later stage.

So I guess I covered al the questions within the time-limit allocated.
I’d like to take this time to thank very much all users for joining us during this AMA. I hope it was useful and interesting for you to get to know JEFF Word in more details. I also apologize for not being able to choose some of your questions! Follow us on our social Media and keep being excited about JEFF Metaverse.

• Home page: https://jeffworld.io/
• Twitter: JEFF World (@jeffworld_io)
• Discord: https://discord.gg/jeffworld
• Telegram:

Announcement (ENG/KOR)
https://t.me/JEFFWorldoffcial
https://t.me/JEFFWorldoffcial_kr