-Background

Currently, some well-known metaverse projects include Mana, Sand, etc., which were developed years ago with deficiencies in aspects such as fidelity, immersion, and interactivity. This gives new metaverse projects an opportunity, and the Dreamverse I mentioned before is dedicated to solving the problems of fidelity and immersion.

-Introduction

Gamium, the project I am going to analyse, tries to use social as the breaking point of the metaverse, based on BNB Chain, which started in September 2021. The project claims to be the first social metaverse that adopts the Socialize to Earn model and 3D Avatar.

Users enter the metaverse minting a unique 3D digital body, gain reward tokens by conducting social activities with other users, and will subsequently launch Avatar SDK to integrate other metaverse and Web3 Dapp to realize the interoperability of the multi-metaverse.

The project is currently at an early stage, allowing future users to build their own metaverse content through the Metaverse SDK; According to the official blog, the project announced the partnership with Mask Architects in March 2022, and international architecture and design firm, to design landmark buildings in the metaverse. The team has currently locked in a liquidity pool worth $1.25 million at PancakeSwap.

According to official information, the project’s angel investors include Mr Beast, who has 13.62 million Twitter followers and 96.2 million Youtube subscribers and has also been mentioned by several Twitter influencers, including Willyrex, who has 8.12 million followers. According to the official tweets today, 2 major global partners will soon be announced, as well as listing on the new exchange, and launching staking function.

-Team

Co-Founder and Co-CEO, Alejandro and twin brother Alberto, Spanish, Alejandro worked as an assistant professor of mathematics at the University of New Mexico for 1 year, then joined Oracle as a data scientist for 1 year; Alberto worked as a machine learning researcher at the Universitat Politècnica de Catalunya for 1 year. Then Alejandro and Alberto founded an online learning platform and worked as a creator for 1 year.

CTO, Sergio, was Product Manager at EDS for 2 years, then joined Orange Business as Quality Operations Manager for 2 years, then joined T-System as Director of Corporate Strategy for 7 years, and as Compliance Officer for 5 years, then founded DAIA Research as CEO for 1 year.

COO, Joan, was an SAP MM consultant at Accenture for 2 years, then joined the Birchman Group as an SAP MM consultant for 3 years, then joined an investment bank in Spain as a software engineer for 2 years, and founded MyOwnCTO and worked as a computer engineer for 3 years.

-Progress

-Fundings

In February 2022, raised 475K from IDO through DAO Maker andVent Finance; In March 2022, raised 30K from IEO through Gate.io; In February 2022, totally raised 2.23M from:

-Tokenomics

Circulating supply: 2.38B

Total supply:50B

Price:$0.00455

Market cap:$10.83M

Fully diluted valuation:$227.5M

Listed by Gate.io, BEKX, Pancake Swap, Bitmart

-Risks

First of all, the project is still at a very early stage, and there is still a great deal of uncertainty of the final delivery of the product.

Secondly, the project uses social as the breaking point and uses the Socialize to Earn model, which remains to be seen whether this will bring disruptive social experience.

Finally, it still lacks significant competitive advantages overall, whether it can stand out among many metaverse projects will largely depend on the team’s marketing and operational capabilities.