Below is our recent interview with Zack Yurtsever, Co-Founder & Project Lead at Mallconomy:
Q: Could you provide our readers with a brief introduction to your company?
A: Mallconomy is building an under one roof Metaverse mall experience, combining elements of free-to-play gaming, Defi and crypto, to build sustainable revenue streams for workers, owners and builders, in the setting of our dynamic, interactive ‘mallverse’. Players will be able to buy, rent or lease shops within the mall and build sustainable, real-world incomes as the world adapts to the evolution of retail to digital platforms.
Our mall will be built as a dynamic, and engaging environment, that rewards loyalty and merit, as players, shoppers and brands interact on our platform, which combines the benefits of remote working, online retail and all the fun aspects of your local shopping mall. As well as buying NFTs and other items, players will be able to have fun in our mall at the hyper-casual games arcade, watch movies in the cinema or chat with friends in one of our hangout spaces.
With immersive dynamics, exclusive partnerships and the endless possibilities of a robust GAMEFI economy, we want to make Mallconomy the most fun shopping mall imaginable!
Q: Any highlights on your recent announcement?
A: To start our community building process, we have just launched our Bounty Campaign, where our early adopters can earn just by completing simple, daily co-creation tasks to spread the word about Mallconomy! To date, we have seen over 70,000 Mallstars join our ranks and we are looking forward to building our meritocratic, decentralised mallverse with many more in the coming weeks and months.
Q: Can you give us more insights into your offering?
A: Our dream is to build positive, sustainable incomes for the hardest working members of our community, with as little initial investment as possible. In fact, players will be able to start for free, as shoppers, where they will be tasked with finding ‘loot boxes’, they’ll be able to then sell the content of those loot boxes on to distributors, who will turn those items into goods, to sell on to the stores owners within Mallconomy. If you’d prefer to run your very own store, there will be multiple options for financing your entrepreneurial dream. Options will include lease options, where players will rent directly from Mallconomy, rental, where players can rent their store from other Mallconomy players, or even buy with low APR loans from our in house lending solution – MallBank!
Q: What can we expect from your company in the next six months? What are your plans?
A: In the coming weeks, we will be launching our genesis 0 NFT collection – MallCards. MallCards are a chance for our earliest adopters to gain access to exclusive benefits, such as staking, loot boxes, airdrops and exclusive membership to our genesis owners’ channels, with discounts and other amazing perks. Further down the line, we’ll be releasing a number of exclusive features, which we believe will truly make our Mallverse one of a kind. These features include: our MVP game version, our academy which will train a new generation of Metaverse workers and creators, our Mallbank DeFi app, as well as the first batch of hyper-casual games for our in-mall arcade!
Q: What is the best thing about your company that people might not know about?
A: Our small team have been working incredibly hard behind the scenes to secure some incredibly high profile partnerships with some of the biggest names in the crypto and NFT space. Early reaction to our business model and vision from our early investors has been incredible. Whilst we cannot fully announce those partnerships yet, we would encourage users to follow our Discord channel as we will be announcing those partnerships very soon!
Also, not many people know that our team have a long history of working together, we’ve co-founded a multi-award-winning London Fintech, and have over 75 years experience of working together! So much so that we often finish each other’s sentences, lines of code, and occasionally their lunch too…when they aren’t looking of course!