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Evan Luthra
Oct 13, 2021

Meta Spatial and the Portal to Modern-Day Metaverses

Meta Spatial
In the world we live in today, Metaverses are increasingly becoming a norm. Metaverses are a collection of online worlds in augmented, virtual and physical realities. People are still able to carry out regular physical activities like hanging out with their friends, going to work, attending events and even buying goods and services. Most Metaverses are powered by blockchain technology and it is this same technology that backs cryptocurrencies and NFTs. Metaverses generally aren't new. But because of the world shifting most of its activities online, and the recent boom of NFTs and digital assets, Metaverses that offer augmented and virtual realities are becoming more popular. There are quite a few Metaverses out there but one that I think will be talking about here is Meta Spatial. 

What is Meta Spatial? 

Meta Spatial is a science-fiction virtual universe that is developed by Spatial Studio. Meta Spatial is an unlimited universe where different spaces are linked together by a spatial portal. Meta Spatial aims to provide its users with the most authentic virtual experiences by creating an unlimited amount of spaces and applying virtual and extended reality technology to the Meta Spatial ecosystem. All of this will be made possible by the Spatial Studio who plans to build fantasy spaces using the feedback and ideas from its community. 

Meta Spatial's Mission

A virtual universe without a centralized control where players can play, create and trade. This is Meta Spatial's mission. Meta Spatial is pioneering a foremost project where users can enjoy a full, realistic and transparent gaming experience. And by earning SPAT and GSTA (tokens of the Meta Spatial universe), users can have the permission of copyright ownership on the platform. Participants will have the power to create NFTs and put them up in the marketplaces of different spaces. Two phases are being developed. 

  • Meta Spatial — Moon
  • This is a fictional space where gamers can experience a space with a lot of historical and modern character-based themes. In this space, players can earn money from owning lands and participating in battles in the Battle Royal arena. Gamers can buy or create NFTs they can play the Meta warrior's role with.

    • Meta Spatial — Galaxy 
    • This is a space that is inspired by the Star Wars movie and is created for adventures in outer space. Here, gamers can own spaceships and whole planets in the form of NFTs. Players can also protect their planet by joining forces with the warrior through piloting spacecraft with AR, VR, and Mr technologies. 

      Meta Spatial DAO 

      The Meta Spatial DAO owns the most important smart contracts and digital assets that make Meta Spatial. The DAO also owns a SPAT wallet and this allows it to practice true autonomy. Being a decentralized universe, Meta Spatial grants control permission to the creators. Simply put, because of the DAO, users can control the policies by which the Meta Spatial platform works. 

      SPAT Token

      This is the primary currency of the Meta Spatial ecosystem. Built on the Binance Smart Chain (BSC), SPAT is a BEP-20 token and it is used as the basis of most transactions in the Meta Spatial ecosystem. SPAT is used to gain access to play the game, buy assets that help in generating NFTs or reselling NFTs to other players. SPAT is also the governance token that allows its holders to participate in the platform's governance processes. 

      GSTA Token

      This is the currency that is generated as a reward for players when they participate in activities on Meta Spatial. It is also a BEP-20 token that is built on the BSC network. The supply and pricing of the GSTA token will be kept at the same level. This will help optimize entry levels for new users. The GSTA token will be used to pay for participation in the Arena, buy NFTs, pay for Planet creation, paying to craft spaceships, paying to create maps etc. 

      Tokenomics

      Token name: Meta Spatial

      Token symbol: $SPAT

      Network: Binance Smart Chain (BSC) 

      Total supply: 300,000,000

      Token Allocation & Vesting 

      Seed (4%) — 10% at TGE, with unlocking of 5% monthly after a 2 months cliff. 

      Private (10%) — 10% at TGE, with unlocking of 6% monthly after a 2 months cliff. 

      Public (1.2%) — 50% unlocked after a month's cliff. 

      Team (12.8%) — Lock for 24 months then 5% monthly. 

      Farming (Play to Earn) (32.0%) — unlock within 60 months. 

      Advisors (5%) — 10% release monthly after 12 months cliff. 

      Partnerships (3%) — 25% monthly unlock after 3 months cliff. 

      Liquidity (2%) — 5% monthly unlock after 6 months cliff. 

      Development Fund (20%) — 20% unlocked in 2 months then 2% monthly. 

      Ecosystem Fund (10%) — Unlock linear each month for over 60 months. 

      Roadmap

      March 2021 

      • Ideation and content creation                                                
      • Business analysis (BA)                                                                 
      • Mockups Design
      • April 2021

        • Generate design ideas and illustrations
        • Detailed flow design
        • May 2021

          • Building system architecture                                                                     
          • Start developing the Meta Spatial ecosystem
          • September 2021 

            • Publishing information on the web.
            • Seed sale.
            • October 2021 

              • Private sale, Public sale.
              • Releasing Spatial wallet.
              • Releasing Spatial Maker beta testing.
              • November 2021 

                • Releasing the Meta Spatial Moon 1.0 on IOS/Android/Mac/Win PC 
                • December 2021 

                  • Releasing the Meta Spatial Moon 1.1 on IOS/Android/Mac/Win PC - VR/MR
                  • January 2022 

                    • Releasing the Meta Spatial Moon 1.2 on IOS/Android/Mac/Win PC - XR/VR/MR/AR
                    • April 2022

                      • Release — Spatial Galaxy IOS/Android/Mac/Win PC beta (The functions of possessing NFT, crafting spaceships, creating planets, fighting)
                      • May 2022

                        • Release — Spatial Galaxy 1.0 IOS/Android/Mac/Win PC 
                        • June 2022

                          • Release — Spatial Galaxy 1.1 IOS/Android/Mac/Win PC  (VR/MR)
                          • July 2022

                            • Release — Spatial Galaxy 1.2 IOS/Android/Mac/Win PC (XR/VR/MR/AR)
                            • August 2022

                              • Release — Spatial Galaxy IOS/Android/Mac/Win PC 1.3 (Built-in space travel function, allow advertising)
                              • October 2022

                                • Continuing to research and develop other spaces in the Meta Spatial universe 
                                • Meta Spatial and the Portal to Modern-Day Metaverses
                                  Evan is a tech-obsessed thought-leader who has spoken at 100s of conferences around the world. He has extensive knowledge and experience in mobile apps and his company, EL Group International, has developed and delivered mobile apps for major Fortune 500 companies. He has also received an honorary Ph.D in Blockchain for the impact he has made in the industry from launching Blockchain Schools to Blockchain Coworking spaces and having spoken at 50+ Blockchain events. As a highly accredited Angel Investor, Evan believes in stepping out of his comfort zone and exploring the power of conceptualization, innovation and execution.

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