AMA Recap Crypto Library with Vault Hill

                                         

On 22th November 2021, VaultHill conducted an AMA in the Crypto Library Community. Our guest is Jimi Daodu. Lots of questions as usual from the Community about VaultHill progress. The VaultHill team took part in a very interesting AMA session which included introductions, questions from twitter, and a live AMA session with the Crypto Library community. If you missed the AMA in person, read this recap for a deeper insight into VaultHill.

Let’s take a look at the most interesting points of our conversation. 

INTRODUCTION
Crypto Library Team : So, before we start the AMA could you please introduce yourself to our community?

Jimi (VaultHill) : I am Jimi Daodu, founder/ceo of Vault Hill; married, got 2 beautiful toddlers, a Christian. Background in IT, 2nd degree in advanced computing and currently finishing up an MBA at the university of warwick in the UK. 
FIRST SEGMENT (HOST)
Crypto Library Team : What is Vault Hill? and What's the vision that your project is trying to achieve?

Jimi (VaultHill) : Vault Hill is a block-chain based metaverse designed to enhance the human experience. Vault hill is made up of the Vault Hill City (VHC) which is the metaverse, the ecosystem, and the NFT marketplace. The metaverse is human-centric and our mission is to revolutionise extended reality (XR) experience by creating a constructive metaverse that focuses on the basic human instincts which allow users, content creators and developers to explore their unrestricted creative freedom and monetise their content in the secure ecosystem. Unlike other metaverse projects that focus only one aspect, Vault Hill combines all aspects of the human experience. So, #Vaulthillers can explore their fantasies, and also enjoy activities they do in the physical world such as interacting with other users, hosting and attending events, playing games, curating arts, and so much more. Users can fully immerse themselves in the metaverse using a VR headset, they can also acquire digital assets like the VHC virtual land, and transact with the native cryptocurrency, $VHC token.

Crypto Library Team : What are the features and products does Vault Hill want to offer?

Jimi (VaultHill) : There are several products and features for #VaultHillers to explore and enjoy in the metaverse. #VaultHillers will be able to create and customise their 3D avatars with cool wearables and accessories. We have signed multiple partnerships with luxury brands to give users options and enable them bring their identity to life in the metaverse. We have an avatar contest coming up soon with exciting rewards and I encourage everyone to participate. Vault Hill also has its native cryptocurrency, $VHC token, which facilitates purchase and exchange in the metaverse. #VaultHillers who use the $VHC token for purchases will receive a 40% discount. Our IDO starts Monday, Dec 6-10 on SUPERLAUNCHER AND LITHIUM VENTURES launchpad, and the IEO will run in parallel at the same time on COINSBIT. Users can also own virtual land ($VLAND) in the metaverse when they buy any of the four land types available – standard, premium, deluxe, and exclusive land. The initial land offering (ILO), that is, public land sale, will be on OPENSEA from December 13 -17, 2021. With every purchase of $VLAND, buyers get the new HTC Vive FLow. Additionally, there are seven districts themed after various human functions in the metaverse for #VaultHillers to explore and enhance their human experience. These districts are District Omega (vitality), District Beta (play), District Alpha (curiosity), District Pi (idealism), District Delta (romance), District Sigma (imagination), and District Kappa (community). Districts Vitality and Play will be the first two that will be available.

Crypto Library Team : Please tell us more about $VHC token and $VLAND! Like the use-case, distribution, and how to buy it?

Jimi (VaultHill) : The $VHC token is a deflationary token facilitated by the buyback and Liquidity pool (LP) mechanism. The token is built on the Ethereum Network (ERC-20) after a thorough audit process with Hacken and we passed our Smart Contracts Analysis. As mentioned earlier, our public token sale is happening in few days, Dec 6-10 on SUPERLAUNCHER AND LITHIUM LITHIUM launchpad and you can buy the $VHC token at $0.04 USD. There are 3 main use cases for the token. It can be used to purchase goods and services in the metaverse and payments done in the $VHC token will enjoy a 40% fee discount. The token will also be used for rewards distribution to users who contribute to the growth and development of the VHC platform, for DAO - it also earns users the right to vote on policies to improve the metaverse. Think of it as your voter’s card. There is a total supply of 340,000,000 $VHC. Initial circulating supply is 1,150,118 $VHC (From Airdrop and Bonuses). The pre-seed sale price was $0.02 USD, private sale price was $0.03 USD, and the public sale is $0.04 USD. During the public token sale, Vault Hill is only raising funds needed to progress product development and to give the $VHC token a boost in marketing, liquidity and exchange listings. Similarly, the VHC virtual land ($VLAND) is the metaverse’s non-fungible token (NFT) where content creators will be provided with a “NO CODE” builder tool to develop their buildings, art galleries amongst other architectural edifices to showcase their products and services. Vault Hill is the first virtual world with urban planning and development benefits to ensure users build on their Virtual Land (VLAND) respectfully. This is what differentiates it from other projects. Users who own virtual land in Vault Hill City will have total creative freedom on their parcel to build anything they can imagine (e.g., fitness centres, fashion studio, art galleries, museums, libraries, etc.) while earning returns as other users interact with the projects on their land. Land owners can also choose to hold their VLAND (potentially) to sell later at a higher price in the marketplace. The $VLAND will be scarce as only 570 land parcels will be sold in order to create value for users and investors. Again, you can buy your $VLAND on OPENSEA from December 13 -17, 2021.

Crypto Library Team : Could you give us some information about your roadmap, your milestones, and also your future plans?

Jimi (VaultHill) : We have recorded some significant milestones within a short period. We were part of the top 5 tech start-ups that pitched to over 2000 global audience at the just concluded Defi Live event in London, UK. We have signed multiple partnerships, some of which are with prominent health and fitness brands, as well as fashion brands. Just 2 days ago, we announced our partnership with the London Bridge sports medicine yesterday where we will be creating augmented reality offerings for their product and services in the Vault Hill metaverse. This will give #VaultHillers that are interested, an opportunity to improve their health and wellbeing in the metaverse. We also partnered with Today Fit, a personalised health and fitness provider based in Hong Kong. The experience this partnership brings into the metaverse falls within the Vitality district (Omega), where users can keep fit and agile. #VaultHillers can take an individual or group class or even work with personal trainers to burn calories in the virtual world that is being burnt in the physical world. We also partnered with WOLF 3D to enable #VaultHillers create their avatars and customise this to their personality. We also have luxury wristwatch maker, ‘Crivel’ for digital wearables; a fashion brand in Africa, ‘Looks like a good man’, also for digital wearables. A lot of things are still cooking behind the scenes like partnerships and the IDO, IEO, AND ILO happening simultaneously in upcoming weeks. I encourage everyone to stay glued to us and follow us on our socials for the latest updates.
SECOND SEGMENT (TWITTER)
Crypto Library Team : Can you explain what we can do in Vault Hill City ? Because many of the metaverse platforms haven't come close to being like our second lives. What are the outstanding features of this digital city in developing our assets?

Jimi (VaultHill) : Great question because this is what differentiates Vault Hill from others. Unlike several other meta projects that are based on fiction, Vault Hill is human-centric, meaning you get to explore activities you would typically do in the physical world with additional opportunities to explore your innate desires and fantasies. For example, if you’ve always wanted to own a land and build in the physical world but you’ve been unable to achieve that, you can do so in the VHC platform via the $VLAND and $VHC token.

Crypto Library Team : Vault Hill is a blockchain-based metaverse with the peculiarity of an "extended reality". What does this "extended reality" really mean, then how does it work? And, is the $VHC token the only token circulating in the Vault Hill metaverse?

Jimi (VaultHill) : Extended reality (XR) is an umbrella term for all the immersive technologies like virtual reality (VR), augmented reality (AR), and mixed reality (MR). it basically refers to all real-and-virtual combined environments and human-machine interactions generated by computer technology and wearables. The #VHC token will not be the only token circulating in the Vault Hill metaverse.
THIRD SEGMENT (LIVE QUESTIONS) 
Crypto Library Team : I want to invest in your project. Where can I buy your tokens? Is it available in any exchange?

Jimi (VaultHill) : Not yet, we are currently in private sale, please send an email to info@vaulthill.io

Crypto Library Team : Token burn" is beneficial for any project, in being able to control the number of token circulation and to provide greater incentives to investors. Does your great project have a plan about token burn?

Jimi (VaultHill) : Yes we do, its deflationary. A % of the transaction fees we get in $VHC is planned to be burned twice yearly.

Crypto Library Team : Is This Your project only for elite investors, how about others with small funds, is it open to everyone?

Jimi (VaultHill) : Open to all.

Crypto Library Team : AUDIT is important for both TRUST and SECURITY? Have you done any AUDIT of your PROJECT ? If yes, please share your AUDIT CERTIFICATES .

Jimi (VaultHill) : Yes we have pls check out:
Crypto Library Team : Can you list 1-2 killer features of the #Vault Hill project that set it apart from its competitors? What competitive advantage does your project have that you believe in the most?

Jimi (VaultHill) : The human centric nature of the metaverse, severing underrepresented brands; live long royalties for curators.


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