Metaverse

Thailand
 Table of Contents

Table of Contents…………………………….…………………...……………………..…..3

Introduction………………………..…………………………….………..………………...4

About A Plus Fintech………………………..………………..……………..………..…......6

What is Metaverse Thailand?……………………………………..………………………..8

Tokenomics of Metaverse Thailand……………………………...………..…………..…..12

META Token Supply………………………………………………….….………………..13

Roadmap………………………..……………………………….……..……………..….....14

3
Introduction

Modern technology has blurred the line between physical and digital worlds. With the accelerated
development of technology and the COVID-19 pandemic force, the ways people interact and communicate have
been increasingly depending on online channels. Originally, the term “Metaverse” was first invented in Snow
Crash, 1992 sci-fi novel by Neal Stephenson. Today, it proved that a 30-year-ago fantastical concept has become
evident. Virtual spaces in digital environment, such as, online games, social medias, and virtual reality are
indispensable in people’s lives, and the digital and physical worlds are essentially intertwined. Such revolution is
a gateway to limitless imaginations and opportunities to business world.

Thailand, one of the most vibrant tourism hub in the world, is abundant of natural and historical
attractions, hospitality, and world-famous cuisine that magnetize millions of international travelers and businesses.
Its tourism industry alone contributes averagely 15 percent of country’s gross domestic product (GDP) with over
35 million tourists in a year. Furthermore, Over the past few years, Thailand has emerged as one of the fastest
growing countries in the fintech ecosystem with over 90 startups from different areas of operation such as payment
sector, blockchain, peer-to-peer lending (P2P), and insurtech. It has surpassed many countries which had head start
owing

Recognizing its role in tourism and fintech sectors, A Plus Fintech chose to simulate Thailand’s stunning
city landscapes for its project “Metaverse Thailand”. It aims to be the place where physical world of travel and
business are merged with digital one.

4
5
About A Plus Fintech

Headquartered in Singapore the global hub of Business, A Plus Fintech Pte Ltd., is a financial technology
company that primarily focuses on the adoption and investment in Blockchain and Cryptocurrency. A Plus Fintech
has recently acquired its spotlight by successfully investing and collaborating with MVP Coin project; Thailand’s
first travel service token. The main driving force of such accomplishment is Mr. Paul Wan.

Paul Wan is a Singaporean investor and corporate finance advisor who has successfully led many large
companies to raise capital on the stock exchanges of Singapore, USA, UK, South Korea Taiwan and has handled
many merger and acquisition deals from Singapore, China, Thailand, Vietnam, India, Saudi Arabia and Europe.
He also has a wealth of experience in audit and is also a practicing member of the Institute of Singapore Chartered
Accountants (ISCA) and the Institute of Chartered Accountants in England and Wales (ICAEW). Moreover, he is
one of the founding member of the Morison Group Accountants and Business Advisors and recently became global
Chairman in September 2020.

Morison Global is an organization that brings together a global network of leading companies providing
accounting, auditing, tax management, corporate finance, IT and legal experts. Mr. Paul Wan who has strong
connections with companies around the world and is behind many successful business deals, until being trusted by
customers in all continents around the world. He has travelled to more than 50 countries and visited 80 over cities
for businesses.

Asides from Blockchain technology that enables easy and efficient business transaction, A Plus Fintech
has continued to embrace and harmonize new technologies to its existing ecosystem. Metaverse Thailand is its
latest mission, which aims to transform conventional ways of doing business in the reality into unprecedented
virtual experiences.

6
7
What is Metaverse Thailand?

Metaverse Thailand is a decentralized community platform that shares fundamental functionalities like
other Metaverse platforms. It is powered by blockchain, encompassing Non-fungible-token. In this 3D virtual
environment, users are able to visit, buy or sell lands and spaces, to interact and to play games with friends.
However, instead of focusing on pleasure aspect, Metaverse Thailand distinguishes itself from the others by
offering business services within the platform and bridging between virtual office and virtual gaming. Metaverse
Thailand can be broken down into three level as follows;

8
Level 0 : Geometric Land

In Metaverse Thailand, the map is made up of digital representation of Thailand landscapes. The areas
are arranged in geometric manner of 4x4 hexagon per block. Phase 1 of the project mainly targets Sukhumvit area
in Bangkok and will continue to expand to other areas in the near future. User can own, sell, or buy such
representation in the digital platform.

Level 1 : NFT land

Unlike fungible assets such as money that is interchangeable, Non-fungible tokens (NFTs), Becoming
popular buzzword on the internet, is a unique and irreplaceable digital assets. They could vary, for example from
artworks, music, videos, to digital lands. NFT lands embrace blockchain technology enabling them to be tokenized
and creating certificate of ownership. It is designed to prevent forgery and duplication problems of digital files on
the internet. Interestingly, unlike physical land ownership, virtual land ownership is inherently decentralized and
secured which mean that safe transaction paradigm can be obtained via blockchain without a need for
intermediaries between buyers and sellers.

9
Level 2 : Virtual Business

Unlike other Metaverse platforms, Metaverse Thailand does not only allow users to buy certain spaces
and build their world in it but aims to transcend the realm of business world by providing tangible business services
and virtual office features for the community.

Indeed, Metaverse Thailand is a decentralized community platform where people can express themselves
and engage with their friends in the form of digital avatar. They can buy, sell, name, or even develop the lands they
own. However, Metaverse Thailand goes beyond just pure pleasure platform as it offers business incentive
packages in in owning a virtual office as well as the address in Singapore.

The virtual office will have a business address in Singapore to ensure the owners can reach their business
anywhere in the world. They can establish and maintain a professional network with a specific business address
and allow themselves the freedom and dynamic in a working environment, accessing the global communities
without their presence in Singapore.

More importantly, A Plus Fintech is associated with Morison group which is an international network of
independent firms, focusing on audit, accountancy, advisory, and tax services. These services are accessible in the
platform and will be the magnet to foster bigger Metaverse Thailand community.

10
11
Tokenomics of Metaverse Thailand

In Metaverse Thailand platform, MUSD is a fractional-algorithmic stablecoin that serves as medium for
interactions and transactions. It is collateralized by both utility token and Stablecoin, which namely are META and
Binance USD (BUSD). The dynamic collateral ratio automatically adjusts the proportion between META and
BUSD that support MUSD at 1 US Dollar in accordance with the healthiness of such collaterals.

If users want to purchase or develop lands, they need to pay in MUSD. The same applies to other features
that will be available in the near future such as gaming, avatar customizing, and land staking.

12
META Token Supply

Soft Cap: 100 Million tokens

The Initial Distribution META is up to 100 Million tokens. This number includes all of the
categories of token recipients in the distribution schedule. The total 100 million tokens are organized as
follows;

Dev Share = 0%

Stake Reward = 70% of the supply is set aside for yield farming & rewards
Emission Rate: Token/Block
2 Years - (3.3 META Tokens /Block around 28,800 META per day)

Treasury wallet = 30% of each minted token will be automatically sent to the Treasury wallet to be used
on further development and marketing.

13
Road Map

Metaverse Thailand continue to expand the community and become global in 2022 by offering more
comprehensive features in land exchanges, adding gaming function, exposing itself to more global exchanges, and
securing global business partner. Its mission is to transform Metaverse Thailand to become the center platform that
changes reality of business and leisure world.

14
15