JBC-Megaverse

JBC-Megaverse

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+## Project name:
+
+Megaverse
+
+## Author name and contact info
+
+Megaverse Team (megaversehub@gmail.com)
+
+## I understand that I will be required to provide additional KYC information to the JIBChain to receive this grant:
+
+Yes
+
+## Recipient address:
+
+`0x52BF27349f177F5E6C256F9004FBA08bEf2F593C`
+
+## Grant category: (DeFi, NFT, Tooling, Other)
+
+NFT, Game
+
+## Project description (please explain how your project works):
+
+Megaverse is a platform that aims to transition games from the web2 world to the web3 world. 
+It enables access to players worldwide by breaking down the barriers of currency and connecting them through the same blockchain ecosystem. Both currencies, 
+as well as costumes and various items in game, can be transferred seamlessly across games, creating a borderless gaming world. 
+
+## Project links:
+
+Website: https://www.megaverse.fun/
+discord: https://discord.gg/npFVqtfT
+
+## Additional team member info (please link):
+
+-
+
+## Please link to any previous projects the team has meaningfully contributed to:
+
+-
+
+## Relevant usage metrics:
+
+(TVL, transactions, volume, unique addresses, etc. JIBChain metrics preferred; please link to public sources such as Dune Analytics, etc.):
+
+
+## Competitors, peers, or similar projects:
+
+- Competitors, peers, or similar projects: PlayPark.TSOnline.TH (https://tsonline.playpark.com/)
+
+## Is/will this project be open sourced?
+
+- N/A
+
+## Date of deployment/expected deployment on JIB Chain:
+
+- We have deployed on March 23, 2024
+- https://exp-l1.jibchain.net/address/0xe06Bfc21b2F21F570b0563E51f5B5dd3bB6106C3 
+
+## Ecosystem Value Proposition:
+
+# What is the problem statement this proposal hopes to solve for the JIBChain ecosystem?
+
+- aims to transition games from the web2 world to the web3 world. It enables access to players worldwide by breaking down the barriers of currency 
+
+- For seamless, secure, and enjoyable connectivity, Megaverse aims to establish a diverse community across various nationalities under the same gaming rules, fostering transparent interactions and fun experiences for all players. 
+
+
+# How does your proposal offer a value proposition solving the above problem?
+
+- The challenge lies in creating a cohesive gaming experience across multiple interconnected games while maintaining consistency in gameplay mechanics, user experience, and balance. 
+Ensuring smooth transitions between games, preserving player progress and achievements, and managing interconnected economies can be technically and logistically demanding. 
+- Additionally, maintaining security and preventing exploits or cheating across interconnected games presents a significant challenge. However, 
+overcoming these challenges can result in a revolutionary gaming ecosystem that offers unparalleled depth and immersion for players. 
+
+# Why will this solution be a source of growth for the JIBChain ecosystem?
+
+- We have both games and an NFT marketplace connected to each other. The gaming market involves continuous buying and selling along with character progression at every level, resulting in a high volume of transactions. 
+- We believe that Megaverse and JIB Chain will grow significantly together
+
+## Has your project previously applied for an JIB grant?
+
+- No
+
+## Number of JIB Token requested:
+
+- 200,000 JBC for Phase 1
+
+## Did the project apply for or receive JIB Token through the Foundation Partner Fund?:
+
+- No
+
+## If JIB Token were requested from the Foundation Partner Fund, what was the amount?:
+
+- 0
+
+## How much will your project match in co-incentives?
+
+- N/A
+
+## Proposal for token distribution:
+
+- 100,000 JBC (50%) for development & system maintenance 
+- 50,000 JBC (25%) for user acquisition & management
+- 50,000 JBC (25%) for business development & partnership
+
+
+## Please list the milestones/KPIs you expect to achieve for each initiative, considering how each relates to incentivizing sustainable usage and liquidity on JIBChain.
+
+- Now Close beta and open beta launched in april 2024
+- The airdrop campaign will be launched in apri 2024
+- Increase player to 5,000 in Q1 2024
+
+
+Note: it depends on the market condition, and community feedback, we will adjust the timeline accordingly.
+
+## Why will incentivized users and liquidity on JIBChain remain after incentives dry up?
+
+- megaverses will be the best Game-fi on JIBChain ecosystem in term of user experience and liquidity.
+
+## Please provide any additional information that will facilitate accountability:
+
+- https://megaverses-organization.gitbook.io/welcome-to-ro-megaverse/