・What is SEKAIVERSE

SEKAIVERSE is the first project in the world to attempt to build a crypto-native state.

• A state of on-chain cities spreading around the world, with restaurants and residences that are paid for with crypto, citizens who receive their salaries in crypto, and utility payments and tax collections circulating in crypto.
• A state where creditworthiness in the crypto world, such as DeFi's operational track record, can be used in the real world, or where having SBT allows for smooth access to real public services.
• A state where people who share the on-chain philosophy actively participate in politics and a smooth incentive structure is created.

・Background

• The structure is such that those who conduct business speak ill of politics, and those who conduct politics belittle business people, and these are conditions in which the entire population has a broken incentive structure and suspicion toward the nation. By creating on-chain cities, it may be possible to create a state where disparities and dissatisfaction are minimized by creating a nation that is transparent and harmonized through a wide range of incentives.
• As the token economy engulfs the world, the number of people increasing their assets denominated in crypto has increased and will continue to increase. For those people, there is a growing demand to seamlessly make payments in crypto, even in physical and real situations, and to put their creditworthiness in crypto into the real world.

(E.g., traders who make 100% of their money from DeFi or NFT trades, people who are paid in crypto who can't get approved to rent a house in the real world, for example, or can't move credit across countries, etc., hidden corruption because it is off-chain, political contributions, etc. Transparency in the distribution of money to public projects -> more positive citizens as a result)

• SEKAIVERSE is influenced by the concept of "The Network State.

(https://thenetworkstate.com/

A concept proposed by former Coinbase CTO Balaji S. Srinivasan in his book "The Network State.)

："The Network State" refers to a group of people who share the same values who, after forming a community online, accumulate land through crowdfunding and gain a presence in the international community, eventually becoming a state.

⇒Against these backdrop, we would like to build a number of crypto-native cities where all economic activities are based on crypto, and to build a state as an alliance of such cities.

・Project Growth Overview

In short, we will ultimately build a system that could be called "Govern-City to Earn." In other words, we will design a system in which building and expanding an on-chain state society will be rewarded.

To this end, in brief, we will initially use NFT to raise the underlying funds in a crowdfunding-like manner, and provide a system that allows people to invest in shared housing, as well as their shared housing.

First, we will form a small "society" of "share house residents and their investors.

The concept is to recreate a small society in the space of a "share house," including how to create a transparent and convincing consensus building system within that "society," what kind of industries will emerge, and how they can be tracked on the chain.