Versity®: The First Real Estate Metaverse Signed “Les Agences de Papa”

The startup “Les Agences de Papa” has taken on a new challenge: to offer the first real estate-oriented metaverse. Driven by a desire to offer innovation in the field, these seasoned entrepreneurs present their new baby: Versity®! We had the opportunity to speak with them to discuss this project in detail and today bring you the nectar of this exchange. Knowing that the Versity® ICO will take place on June 23rd, let’s not waste a minute and dive into this universe!

Everything starts after school

During this interview we were able to meet three of the fathers who wanted to build this innovation. Since every project analysis begins with an examination of the members who author it, we come back to meeting these entrepreneurs and their paths, as different as they are complementary.

First, Nicolas Fratini, co-founder of Agences de Papa, explained his own to us. This serial entrepreneur of Italian descent is not on the first try. Passionate about new and digital technologies, he fell in love with the blockchain revolution and later became the initiator of this new Web3 proposal.

In 2019, after his children left school, Nicolas met Frédéric Ibanez, also co-founder of Agences de Papa. The two men become friends and share their project ideas. Frédéric’s experience in the real estate industry and Nicolas’ knowledge of digitization form an explosive cocktail: the startup Les Agences de Papa was born!

Dad's Agencies
Frederic Ibanez (left) and Nicolas Fratini. Source: Dad’s Agencies

A first revolution: the startup “Les Agences de Papa”

For those of you who haven’t heard of the phenomenon triggered by the Nice startup, we would like to present the offer developed by Frédéric and Nicolas.

Les Agences de Papa is above all an observation. The administrative procedures involved in selling a property are lengthy and expensive; in short, decorrelated from reality. At a time when the world is going digital, the real estate industry has had to be fundamentally overhauled.

Les Agences de Papa is also an unbeatable offer. In fact, the catchphrase of entrepreneurial dads is simple: ” with us the agency fees are 2000 €! “. With more than 10,000 mandates since its inception, Les Agences de Papa has quickly established itself as a disruptive player in an aging market.

Finally, Les Agences de Papa is also a method that appeals to consumers. Frédéric explained to us that the digitization of sales processes is suitable for both users and agents. In fact, most sales of goods are done entirely remotely. In addition, visits are offered by the owners themselves; Time savings for everyone involved.

In the summer of 2020, the last member present on the day of the interview, Claude Li, joined the adventure, seduced by the potential of this startup. Claude, former CEO of OGC Nice, remains above all a loving father who loves to get involved in new projects.With the dazzling development of the Web3 universe, Dad’s Agencies see a new opportunity to innovate in the industry. They introduced us to their newest product: Versity®!

versity papa real estate agencies
Source: @Versity

What Versity® will bring to the Web3 ecosystem

The idea of ​​Versity® goes back to an observation that our entrepreneurs were able to make during the development of the start-up “Les Agences de Papa”. In fact, many property viewings fail because potential buyers don’t like the neighborhood, they don’t like the building’s common areas, or the apartment doesn’t have enough light. These shortcomings make it difficult to sell real estate and the startup had to find an alternative.

As I’m sure you understand, Versity® aims to be the world’s first real estate metaverse to host virtual tours. By modeling the district, the common areas and the different apartments, the user can assess himself faster, avoid unpleasant surprises during a physical visit and thus save time in his acquisition project.

To be most effective in the development of Versity®, the entrepreneurial fathers will develop a technology that will allow real estate professionals (agents, promoters, real estate advertisers, etc.) to advertise the properties entrusted to them in this new Web3 tool. In fact, the tool developed by Versity® will reproduce future homes and their surroundings as faithfully as possible. The first tests of this technology, based on the Unity graphics engine, are very encouraging and the fathers have already approached several promoters, convinced of this innovation. The future buyer can therefore better project himself by visualizing his home in the metaverse. Finally, entrepreneurs from the south of France want to offer a tool compatible with the latest smartphones in order to maximize the number of users.

Of course we are at the origin of the project. Versity®’s first vision is to revolutionize the real estate industry by offering a new experience of digital visits. The further development of the platform is due to the contribution of the entire real estate ecosystem. It will be collaborative and everyone will be able to contribute to its development and development and will be rewarded for doing so.

Passive income and digital ownership thanks to NFT Versity®

The Versity® Web3 dimension is based in part on this NFT mechanism, which we present to you in this part. Based in Nice, the startup Agences de Papa covers the entire French territory; the same goes for Versity®.

To support users in this transition to Web3, the Versity® NFTs will be supported by existing postcodes in France. These NFTs are called Parsell®. For example, if you are planning to furnish an apartment in the 10th arrondissement of Paris, you will have to pay a fee to the owner of the NFT with the zip code 75010. So investors who don’t want to buy real estate will still be able to interact with this metaverse.

As explained above, the holder of an NFT Parsell® earns a commission on storing that Parsell®. There are two types of Parsell®:

· Premium Parsell® accounts for 7% of NFTs issued. These areas correspond to the most coveted postcodes that will be auctioned off one by one.

· Parsell® Explorers represent tradable space on the secondary market at a price freely set by their owners.

All interactions within Versity® occur in $Sity®, the platform’s utility token. Thus, the real estate metaverse has its own cryptocurrency based on a real-world economy, namely the sale of real estate. This is where Versity® wants to do well – after an overwhelming success in private sale, the project will launch its ICO on June 23rd. The goal of this 5 round operation will be to raise $10,000,000 to accelerate the development of the product. 14% of the total supply of $Sity® will thus be offered for sale to the general public, ie 1,400,000,000 tokens. In the ICO, the price of the token is determined in the different rounds as follows:

· Round 1: Unit price fixed at $0.0045

· Round 2: Unit price fixed at $0.0050

· Round 3: Unit price fixed at $0.0060

· round 4 : Price fixed at $0.0075

· round 5 : Price fixed at $0.0100

· listing : Price fixed at $0.0150

Les Agences de Papa want to conquer Web3 with the same enthusiasm that has driven them since their creation. After transforming the real estate sector by drastically reducing brokerage fees, entrepreneurial dads land with a new innovation brought to the metaverse. Although their first wish is to minimize the loss of time during property visits, the platform developed by the residents of Nice will take the form that their community wants to give it.

Building on their success, our entrepreneurs can count on great benefits to spread this new initiative. In fact, many strategic investors participated in Versity®’s private fundraising. In addition, the Agences de Papa have found a dream partner in Teddy Riner, who will continue to accompany them; both financially and in terms of their brand image. In order not to miss any Versity® announcements, we invite you to follow the project further Twitter and in his Telegram Announcements channel.

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Clemens Cauffet

With a passion for innovation and disruptive projects, blockchain technologies quickly caught my attention! I enjoy evolving in this seething ecosystem and discovering all its facets! Why not share that with you?

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