India’s first metaverse
for all
Today.
The Whitepaper
Vision
Introduction
In the same way that the introduction of the internet caused ripples across the world in the 1990s and ushered in a digital boom, India and the rest of the world are now on the verge of experiencing another digital revolution with the introduction of blockchain technology. With companies across all sectors quickly adopting blockchain technology to promote efficiency and development, the future appears to be increasingly decentralized, community-driven, and built on Web 3.0 technologies. According to a recent report by Grayscale, crypto-economies and the Metaverse are at the vanguard of this internet evolution and represent the next frontier for investment in emerging markets1. A connected network of experiential 3D virtual worlds in which people from all over the world can interact and socialize in real-time to create a persistent, user-owned internet economy that transcends both the digital and physical worlds is the metaverse.
New technological frontiers are opening up, and India will not want to be left behind, especially when it has the opportunity to use technology to boost its economy. This argument was raised in a statement made by the United States India Strategic and Partnership Forum (USISPF) and Cross Tower, which claimed that digital asset potential might contribute $1.1 trillion to India’s economic growth over the next 11 years. According to the report, India can advance toward Web 3.0 adoption to make use of digital assets and blockchain technology, which is self-sufficient in digitizing the financial flow2. In his statement, Mukesh Aghi, the president of (USISPF) noted that; “India is poised for growth to become a USD 5 trillion economy by 2024-25 as Prime Minister Narendra Modi envisioned. Digital assets are expected to have tremendous potential across countries in the next 11 years due to their rapid adoption. They are expected to help India achieve the GDP of USD 5 trillion economy.” Web 3.0 has the potential to drive the country to harness its core resources, which are young techie citizens, in order to become a worldwide leader in digital assets and Web 3.0. With appropriate regulatory framework and policies, India has the ability to deliver safety, as well as hope and prosperity, to the country through these technologies. Web 3.0 has the potential to provide USD 1.1 trillion in economic development for India over the next 11 years, but only if the appropriate policies and regulatory framework are in place. According to estimates, the global financial services market is expected to be worth more than USD 22.5 trillion at the end of 20213 and increase to more than USD 28 trillion by 2025. Considering India’s current interest in cryptocurrencies, blockchain technology, and Web 3.0, things are beginning to take off, as the adoption rate globally has increased by over 2300% during the third quarter of 2021, with India leading the way with a bullish cryptocurrency industry. Indian Culture and History hold that the universe is an everlasting phenomenon, and it was not formed nor destroyed; rather, it shifted from one Age to the next. This shift is currently ushering a new age of the internet, known as the decentralized web or web 3.0. Web 3.0 is the current generation of internet apps and services that are supported by distributed ledger technology, with blockchains being the most popular type. Computers that can understand information as intelligently as people are at the heart of this movement, which emphasizes data connectivity rather than data storage in a centralized repository. Bitcoin, ETH, Solana, and other digital assets are the fuel for the future financial ecosystem and Web 3.0. From digital art to ticket sales, music, collectibles, luxury goods, and gaming, blockchain-based NFTs, web 3.0 and metaverse have the potential to fundamentally alter how people interact in India on a daily basis. While still nascent, NFTs are expected to grow to a market size of at least USD 1 trillion in the coming years.
Web 3.0
To put things in perspective, according to CrossTower research4, which estimates that the value of the digital asset economy to India’s GDP will grow at a compounded annual growth rate (CAGR) of 43.1 percent from $5.1 billion in 2021 to $261.8 billion over an 11-year period, resulting in a $1.1 trillion contribution to the country’s economy. It also notes that the digital asset market capitalization was approximately $1.5 billion in 2013, and the market capitalization is nearly $3.0 trillion today. These huge increases were not the result of a miracle; rather, they resulted from the blockchain-driven Web 3.0 and the introduction of the Metaverse.
As blockchain and distributed ledger technologies become more widely used, digital assets that are used to power future innovation, economic development, and financial inclusion are becoming increasingly acknowledged. The digital world’s paradigm change to Web 3.0 will be as significant as the internet’s inception in the 1970s. In the world of Web 3.0, there are a variety of components, including blockchain technology, digital assets, stablecoins, non-fungible tokens (NFTs), and central bank digital currencies (CBDCs), among others. The following sections offer a quick summary of each. However, because we are at such an early stage of development, it is conceivable that the taxonomy of digital assets will evolve in the near future as well.
Thanks to digital asset technology, India has the tremendous economic potential to engage in the flourishing and rapidly rising Web 3.0 market. Because blockchain protocols are typically open and available to anybody, anyone can build real-world applications on top of them, allowing for exponential development and widespread acceptance. Other industries, like as media, entertainment, content distribution, real estate games and digital identification, also have major use cases for these blockchains.
Problem / Opportunity
Intimate relationships within the massive Entertainment and Tech communities sets up Vistas Media Capital to create India’s first metaverse. With 430 million gamers and 40% of them spending monthly on their games, India already has the potential user base. The phenomenal growth of eCommerce in the nation shows the willingness to transact online, especially with the impact of Covid-19. India is globally ranked 5th in terms of interest in Metaverse projects, while also experiencing a 39% grown over the past 5 years in crypto-tech. It’s clear that the next stop for all Indians, not just the crypto enthusiasts and gamers, will be VistaVerse.
About VistaVerse & Vistas Media Capital
- 7 Offices Globally
- 5 Countries
- 350+ Colleagues
- Massive Communities
- 8 Businesses
Music Streaming | Blockchain
Ecosystem
Virtual Land Sales - VistaLand
Land owners decide how they want to use their land. If you want to build businesses or housing, you can! If you want to rent it out to others or host play to earn games, you will need land to build them on. Take your dreams of building your first home, hotel or restaurant and profiting from it, into a reality and start earning $VVio, the digital currency of VistaVerse.
Virtual Land Sales - VistaLand
Land owners decide how they want to use their land. If you want to build businesses or housing, you can! If you want to rent it out to others or host play to earn games, you will need land to build them on. Take your dreams of building your first home, hotel or restaurant and profiting from it, into a reality and start earning $VVio, the digital currency of VistaVerse.
NFT Marketplace - Fantico.io
India’s first curated celebrity & fan engagement platform, showcasing exclusive and unique digital collectibles from your favorite celebrities as NFTs. With a massive selection of over 10,000 NFTs to choose from, all being freshly minted from VistaVerse’s P2E Games, Land Sales Application, Curated Experience and of course from our Celebrity Superstars, like Kamal Haasan, Jonny Lever, Javed Akhtar and more!
With 25 million followers on their social media channels, you’ll have to be quick to snap up their limited, one-of-a-kind collections.
A non-fungible token (NFT) is a digital asset that is a one-of-a-kind asset with blockchain-based ownership management. Digital art, collectibles, virtual reality goods, crypto domain names, and ownership records for tangible things are all examples of NFTs.
India’s first curated celebrity & fan engagement platform, showcasing exclusive and unique digital collectibles from your favorite celebrities as NFTs. With a massive selection of over 10,000 NFTs to choose from, all being freshly minted from VistaVerse’s P2E Games, Land Sales Application, Curated Experience and of course from our Celebrity Superstars, like Kamal Haasan, Jonny Lever, Javed Akhtar and more!
With 25 million followers on their social media channels, you’ll have to be quick to snap up their limited, one-of-a-kind collections.
A non-fungible token (NFT) is a digital asset that is a one-of-a-kind asset with blockchain-based ownership management. Digital art, collectibles, virtual reality goods, crypto domain names, and ownership records for tangible things are all examples of NFTs.
NFT Marketplace - Fantico.io
Play To Earn Games
$VVio Can Be Traded For CASH!
Starting off with three games, VistaVerse transforms Ludo into LudoPoly, Snakes&Ladder into Snakes&Ladders Poly and a metaverse treasure hunt called the Travelland Challenge. Gaming is no longer just a hobby, it just became a source of income…Play To Earn Games
$VVio Can Be Traded For CASH!
Starting off with three games, VistaVerse transforms Ludo into LudoPoly, Snakes&Ladder into Snakes&Ladders Poly and a metaverse treasure hunt called the Travelland Challenge. Gaming is no longer just a hobby, it just became a source of income…Experiences
Curated / Branded / User-Generated
Places for fun, excitement and learning; where brands and UGC content creators can showcase their digital works, knock on your favorite Celebrities cribs, indulge in immersive AR VR experiences, watch live-streamed events and even attend an art gallery showcasing the latest curated NFTS etc.
Brands have the ability to build and launch immersive digital experiences that speak to and enhance user connections in the metaverse. Within the VistaVerse, users gain mainstreaming of immersive experiences through creator-driven creator economies that enable users to generate content, allowing non-technical individuals to shape the metaverse. The Metaverse is teeming with potential for brands and marketers that are adept at AR/VR and NFT.
Welcome to VistaVerse, the intersection of the virtual universe and the physical world. Is your brand future-proof, prepared for next-generation technologies, the metaverse, and web 3.0?
Places for fun, excitement and learning; where brands and UGC content creators can showcase their digital works, knock on your favorite Celebrities cribs, indulge in immersive AR VR experiences, watch live-streamed events and even attend an art gallery showcasing the latest curated NFTS etc.
Brands have the ability to build and launch immersive digital experiences that speak to and enhance user connections in the metaverse. Within the VistaVerse, users gain mainstreaming of immersive experiences through creator-driven creator economies that enable users to generate content, allowing non-technical individuals to shape the metaverse. The Metaverse is teeming with potential for brands and marketers that are adept at AR/VR and NFT.
Welcome to VistaVerse, the intersection of the virtual universe and the physical world. Is your brand future-proof, prepared for next-generation technologies, the metaverse, and web 3.0?
Experiences
Curated / Branded / User-Generated
Technology Overview
The Polygon blockchain will be deployed to store ownership data of virtual digital assets (lands parcels, NFTs, and other digital assets) in VistaVerse. Users will then use their Metamask wallet, a web3 provider, to securely access the blockchain to own and transact their digital assets.
IPFS (InterPlanetary File System), a decentralized storage platform, will store the actual digital assets and ensures that they cannot be changed without the owner’s permission. VistaVerse aims to support meta transactions so that users do not need to own the underlying blockchain token (Matic).”
Adopting these standards will enable interoperability with other marketplaces, digital asset exchanges, and eWallets.
VistaVerse token, $VVio, can be used for Staking and DAO (Decentralized Autonomous Organization) Governance.
Token Metrics
Allocation
Units
Percentage
Initial Price
Vesting & Cliff
Seed
50,000,000
5%
$ 0.018
5% On TGE, 3 Months Locked, Followed By 4% Every Month
Private Sale
80,000,000
8%
$ 0.036
10% On TGE, 3 Months Locked, Followed By 4.5% Every Month
Public Sale
20,000,000
2%
$ 0.06
20% On TGE, 3 Months Locked, Followed By 5% Every Month
Play-To- Earn
300,000,000
30%
2% On Game Launch, Followed By 2.4% Every Month Within
3 Years, Thereafter 2.08% Every Month
Staking Reward
125,000,000
13%
2% On Game Launch, Followed By 2.4% Every Month Within
3 Years, Thereafter 2.08% Every Month
Liquidity
50,000,000
5%
30% On TGE, 1 Months Locked, Followed By 3% Every Month
Ecosystem
50,000,000
5%
5% On TGE, 3 Months Locked, Followed By 4.5% Every Month
Advisors
80,000,000
8%
0% On TGE, 12 Months Locked, Followed By 5% Every Month
Team
200,000,000
20%
0% On TGE, 12 Months Locked, Followed By 5% Every Month
Marketing
50,000,000
5%
0% On TGE, 3% On Week 2, Followed By 3% Every Month
Total
1,000,000,000
100%
This portion will be reserved as an incentive for daily game mining.
Staking Rewards: 13% – 125,000,000 $VVio
This portion will be reserved for staking of $VVio Tokens as well as staking of NFTs. This will also be reserved for further developments in the VistaVerse.
Liquidity Pool: 5% – 50,000,000 $VVio
This portion will serve as an incentive for the ecosystem market makers to provide liquidity for $VVio on the DeFi platform.
Ecosystem: 5% – 50,000,000 $VVio
This portion is reserved for ecosystem contributors such as VistaVerse land partners, launching of new P2E games & more Experiential Centres as well as any new added features. These Tokens will be fully locked at the project initiation phase and a portion of these Tokens will be released when they are needed based on future announcements.
Marketing: 5% – 50,000,000 $VVio
This portion will be reserved for future ecosystem development, including game incubation, social media marketing, and community events. These Tokens will be fully locked at the project initiation phase and a portion of these Tokens will be released when they are needed based on future announcements.
Seed Sale: 5% – 50,000,000 $VVio
This portion will be held by the project’s early financers, including seed/strategic sale rounds. There are different lock-up timeframes for different financing rounds. For the seed sale, starting from the initiation of circulation, 5% of these Tokens release upon TGE & the lock-up period is 3 months and gradually released within the Cliff time frame.
Private Sale: 8% – 80,000,000 $VVio
This portion will be held by the project’s early financers, including seed/strategic sale rounds. There are different lock-up timeframes for different financing rounds. For the Private/strategic sale, starting from the initiation of circulation, 10% of these Tokens release upon TGE & the lock-up period is 3 months and gradually released within the Cliff time frame.
Public Sale: 2% – 20,000,000 $VVio
This portion is allocated for public sale through IDO. Vesting period & Cliff applies.
Team & Advisors: 28%- 280,000,000 $VVio
This portion will be allocated as incentives for project founders, employees and advisors. There will be a graded vesting period with a 12 month lock-up period, starting from the initiation of circulation. Thereafter, 5% of these Tokens release every month. Team Tokens will only be given to team members that have stayed with the project for more than 12 months.
Token Utilization
The entire VistaVerse ecosystem sits on top of VistaLand and the usage of $VVio is the preferred in-metaverse currency of choice. Any attractions, experiences, games or interactions within VistaVerse will occur on VistaLand and uses $VVio.
Similar to land in the real world, there is a limited supply of land parcels available for ownership within each virtual city. This scarcity of land parcels presents an opportunity for owners to buy, trade, sell and rent their land for income or even for social benefit. With the appreciation of the value of land within VistaVerse, the respective demand for $VVio will increase, allowing savvy owners to benefit from these fluctuations in price.
VistaLand owners will be paid in $VVio. This would encompass any earnings on the land including rental income, presenting experiences, showcasing NFT museums and even branded content. The play-to-earn games of VistaVerse allows land owners to generate income through their property. The compensation for hosting elements of the pay-to-earn games is $VVio, increasing its utilisation. Businesses include recharge stations for “Ricks”, bank properties, shopping malls, garages, terminals and more. Additional details on $VVio utilization within the gaming platforms are mentioned below, under the section P2E Games
Currently, the purchase of land is conducted using Ethereum or Fiat currency. The integration of $VVio as a purchasing tool of land is underway, which presents the opportunity for land owners to use the rental income from their existing land in order to expand their portfolio and acquire more land parcels. In order to encourage the purchase of VistaLand, and delivering upon our promise of being the Metaverse to all, buyers will still be able to use Ethereum or Fiat currency after the integration of $VVio. Regardless, the larger the community of members involved with VistaVerse and the more it grows, the greater the use case of $VVio as well.
3 Games will be launched within VistaVerse for year 2022 and will cater to an audience who demands familiarity, entertainment, a safe and secure environment, PG content and an opportunity to earn while playing.
VistaVerse will introduce Travelland, LudoPoly and Snakes and Ladders Poly
See Game Play Documents: Travelland, LudoPoly
The in-game currency will be $VVio As a utilization principle, $VVio usage will be consistently prompted and applied across all games under the following scenarios;
Unlike current options for in-game purchases (e.g. credit card) $VVio makes such purchases easier, increasing the token utilization and enables the projection of real value on intangible assets ( e.g. skins, energy bar)
Purchase of in-game and game enhancing assets such as; skins, virtual outfits, maps, transcripts, unique items etc will be built within all game mechanics and reward structures Along these same principles will be Rental offerings, such as Characters and “Ricks”
In LudoPoly, $VVio is used to purchase; property from the bank, rental fees, skins, selling cells, power up of energy, placing bets in the coin room and even watching a video ad
In Travelland, $VVio is used to purchase “Ricks”, Smart Chips and its Upgradation (as NFTs from the Fantico Marketplace) as entry to the game, property rentals, energy refills, ETM credits and in-app purchases for Gems, Chests, character customizations , subscription/season passes, Pets etc.
Gamers will earn $VVio by completing challenges within the games, such as Travelland. Instead of unlocking an “achievement” for satisfying certain in-game criteria, gamers will be rewarded with $VVio that could be used for in-game purchases and more.
Credits, in-game assets, NFTs earned, including $VVio in any of the games, are designed to be transferable to another game within VistaVerse or other partnered networks, enhancing usage and cross game loyalty
Games are designed to allow gamers to truly own their in-game assets, which can be used between games or tradable on the Fantico NFT Marketplace, for more $VVio
Future opportunities will be created for collaborative efforts between game developers and gamers for new games testing and entry request will be via $VVio
To encourage sales of NFTs on the Fantico platform, and living to our promise of being the Metaverse for All, VistaVerse will present buyers with a selection of payment options from; credit card, ETH and $VVio
$VVio will be the recommended option, as it’s the cheapest in value and holders of $VVio are further incentivized through its usage
As the Fantico Marketplace is the DEFAULT destination for all NFT showcase and sales of digital assets, within the VistaVerse ecosystem, it will have a MASSIVE inventory of over 30,000 NFTs contributed from;
-Celebrity NFTs, -In-game digital assets minted from the 3 Gaming platforms, -The secondary sale of land parcels (as NFTs) from the Virtual Land Sales application – and from the many immersive activities found within the various Curated, Branded and UGC. Experiences being promoted within VistaVerseThis massive numbers of NFTs on the Fantico Marketplace will be one of the key usage driver of $VVio utilization throughout the VistaVerse ecosystem, for which the Fantico Marketplace derives a percentage of sales commission and a percentage of royalties, from all NFT sales
The emergence of Shopping Streets, Fashion Avenues, Food Corners, Learning Pods, Branded Showcases, Celebrity Houses, Festivals, Exhibitions etc will be the hallmark activities within Experiences, in either curated, collaborative or User Generated Content (UGC) formats. Here auctions of NFTs, performances, ticket sales, merchandising, live streaming, premium contents, celebrity engagement etc are areas of high $VVio utilization .
The design of the mentioned 3 P2E Games will be crafted within VistaVerse environment and will feature these Experiences; enhancing visibility, traffic, visitation and utilization of $VVio
With VistaVerse’s Partners and Celebrity network, Experiences provides the best and most accessible platform for showcasing and engaging the massive fan base, where $VVio will be the preferred in-metaverse currency of choice
Marketing Strategies
Here are our marketing strategies that we intend to use to establish VistaVerse as a key player in the metaverse space in India and around the world:
Massively grow a social community
The strategy for VistaVerse is to massively grow the social community, develop this community into an actively engaged one. The value of having a solid presence on social media platforms can’t be overstated. We will utilize the power of Twitter, Instagram, Telegram, Discord, Facebook, and Reddit to create a hungry social media community for VistaVerse massively.
The Role of $VVio token
The VistaVerse’s native token, $VVio, serves as the engine that drives the ecosystem. We will make sure that the token has a wide range of applications, ranging from fueling transactions to paying fees and so on. Having $VVio, the in-metaverse currency develops a vital utility purpose through subscribers’ use and trade and achieves an incremental revenue stream, driven by sales from all the platforms found within the VistaVerse ecosystem.
Other marketing plans will include a potent mix of; • Running major Press releases with partner announcements, • Press ads, • large scale social media campaigns via owned and partner networks, • Speaking engagements, • Investor roadshows, • Referral and attractive bounty programs.
VistaVerse will, through its affiliated companies and Celebrity relationships, have direct access to a large database and social communities commanding access of 25 million subscribers.
Road Map
2021 – Q4
Whitepaper and Litepaper development
Websites, collaterals and technical development
Newer builds for existing products (Fantico and VistaLand)
Development of MVPs for P2E Games
Pre-Hype, Investor out-reach for Seed and Private Sale
Launch of Marketing and PR campaigns
VistaVerse Launch, kicking off with virtual land sales in VistaLand (Mumbai)
Rollout of next stage of Partners and Celebrities NFT campaigns on Fantico.io
Private Sale and Investor Outreach ongoing
Investor Roadshow
2022 – Q1
2022 – Q2
Public Sale and Token Generation Event (TGE)
Launch of Ongoing Virtual Land sales for Delhi and Hyderabad
Sequential launches of Marketing Campaigns and PR Initiatives
Launch of LudoPoly game - Beta Version
Platform Audit
Major Exchange(s) Listing
Rollout next phase of Land sales with new features and $VVio integration
Preparations to launch activities for Dubai and Singapore
Launch of Travelland game - Beta Version
2022 – Q3
The Team
Abhayanand Singh
Chief Executive Officer
- Group Chief Executive Officer, Vistas Media Capital Pte. Ltd.
- Co-Founder, Fantico.io and Vistas Media Acquisition Company Inc.
- Founder, Indie Muviz Pte. Ltd.
- CEO, Pinnacle Fund Management Ltd.
Dhruv Saxena
Chief Operations Officer
- Chief Strategy Officer, Vistas Media Capital Pte. Ltd.
- Product Management, Bain & Company
Piiyush Singh
Chief Creative Officer
- Co-Founder/India Partner, Vistas Media Capital Pte. Ltd.
- General Manager, Vistas Media FZ LLC
Andrew James Long
Chief Marketing Officer
- Managing Director, Future Media Vistas Media Capital Pte. Ltd.
- Partner, CryptoCrunch.Capital
- Managing Director, Exchange Relationships and Listings Block On Capital
Vinay Singh
Chief Technology Officer
- Co Founder, Diquery Digital LLP.
- Technology Consultant, Singapore South Asian International Film Festival
- Head Of Information Technology, Indie Muviz Pte. Ltd.
Jaswinder Ahluwalia
Product Owner
- Vice President, Portfolio Management Vistas Media Capital Pte. Ltd.
- Analyst, Crédit Agricole Corporate and Investment Bank
Aashish Mall
Head Design
- Co-Founder & Director, Paperboat Design Studios
- Co-Founder & Director, Occult VFX
shonell thakker
Head Social Media
- Co-founder and CEO, Diquery Digital LLP.
- Ambassador, TRIBE THEORY
The Investors and Advisory Panel
Hemant Tucker
- MD, Market Head – Global South Asia & Middle East and Segment Head for Technopreneurs, Bank of Singapore
- MD, Global Head of NRI, Barclays Wealth Management
Bruce Lu Yang
- Co-founder and CTO, Morpheus Labs
- Former, Sr. Managing Consultant and Lead Sr. Architect for IBM
Partners And Investors
In the News
Supporting Publications
References
- https://grayscale.com/wpcontent/uploads/2021/11/Grayscale_Metaverse_Report_Nov2021.pdf
- https://finance.yahoo.com/news/indian-economy-holds-usd-1-154500085.html
- ResearchAndMarkets. “Financial Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030.” Accessed Aug. 8, 2021.
- https://crosstower.com/resources/reports/indias-1-trillion-digital-asset-opportunity/