OBS World X Lifty AMA Recap | September 22, 2023

What is OBS World?

OBS World is an immersive metaverse designed for petrolheads, racers, and automotive enthusiasts. Originated by genuine car lovers, this platform provides a rich blend of features, ensuring every member feels truly at home. From racing simulators and virtual car auctions to an array of exclusive events, OBS World guarantees an unparalleled experience.

Moreover, with the integration of blockchain, it offers a seamless blend of web3 capabilities, providing users with transparent, decentralized, and secure interactions. But what truly sets OBS World apart is its community. We’re dedicated to nurturing a vibrant ecosystem of passionate individuals who share a deep love for cars, motorsport, and everything in between. This isn’t just another virtual platform; it’s a gathering place for those who breathe, dream, and live automotive. Whether you’re looking to race, trade, or simply connect, OBS World is your ultimate destination.

Who is behind the team of OBS World?

OBS World is the brainchild of its founder, Dmitrij Juvko, a dedicated car collector from Lithuania. Starting with a local community of fellow automotive enthusiasts, Dmitrij’s vision soon expanded. He realized the potential of connecting petrolheads from across the globe, and thus, OBS World was born.

OBS World metaverse breaks geographical boundaries, offering a platform for car lovers worldwide to unite and share their passion. Under Dmitrij’s guidance, OBS World combines the expertise of a team skilled in both web3 and the real-world motorsport. Our goal is to establish OBS World as the top destination for automotive enthusiasts to connect and engage.

Under Dmitrij’s leadership, OBS World is not just a digital platform, but an extension of the real-world community he nurtured. The team behind OBS World is an eclectic blend of experts with rich backgrounds in both the web3 space and the motorsport industry. Together, they’re committed to making OBS World a global hub where petrolheads can converge, collaborate, and celebrate their shared passion.

What are OBS World biggest milestones so far?

At OBS World, our journey has been marked by several significant milestones:

  1. Transition to the Metaverse: Recognizing the limitations of geography, we expanded from a local community to a global metaverse, offering a unique platform for petrolheads across the globe.
  2. Private Beta Launch: The release of our private beta was a pivotal moment, as it allowed us to gather invaluable feedback from our community members, refining our platform based on their insights.
  3. NFT Initiatives: The launch of the OBS Car NFT Collection, with digital car number plates that offer benefits like access to a private beta and exclusive events, showcased our dedication to integrating web3 functionalities.
  4. Collaborations and Partnerships: Actively seeking collaborations with blockchain networks signifies our commitment to offering a seamless and secure experience for our users, underlining the intersection of automotive passion and digital innovation.
  5. Community Growth: Expanding our community to tens of thousands of users across different backgrounds, from racers to web3 enthusiasts, has been both a challenge and a testament to our platform’s appeal.

What is the most exciting thing on your roadmap for this year?

One of the most exhilarating developments we’re anticipating this year at OBS World is the public launch of our mobile application. Here’s what’s new:

1️⃣ Completely New UI/UX: visually pleasing, user-centric interface. We’ve reimagined every pixel to ensure an intuitive and immersive experience.

2️⃣ Now on iOS and Android: We heard you! Whether you’re Team iPhone or an Android user, the OBS World metaverse is now at your disposal.

3️⃣ Interactive Social Features: Create your account, connect with friends, and engage in ways you’ve never done before in a digital realm.

As we edge closer to this significant milestone, we’re fervently onboarding testers. Their input is invaluable; it’s their insights and experiences that will help mold and refine our app to ensure it’s not just a product, but a true community-driven platform. Our goal is to blend the love for the automotive world with the ease and accessibility of mobile technology, connecting petrolheads across the globe right at their fingertips.

Can you tell us more about your partners and backers?

  • Blockchain Networks: Our aim is to deliver a seamless and secure experience, especially during the token launch phase. Collaborating with leading blockchain networks ensures our platform’s integrity and provides our community with the benefits of security, decentralization, ownership, and transparency. Earlier this year we started working with Polygon, and listed our first collection on the Polygon blockchain. Also, we are actively discussing the implementation of Immutable solutions for web3 gaming.
  • Web3 Creators and Influencers: These collaborations provide valuable insights into the ever-evolving web3 space and ensure that OBS World remains at the cutting edge of technology and community engagement.
  • Motorsport Organizations: Given our petrolhead DNA, it’s only natural that we form alliances with motorsport entities. These partnerships add a layer of authenticity and excitement, offering exclusive racing content and events.

Through these partnerships, OBS World strives to create a harmonious blend of automotive passion, digital innovation, and community-driven experiences.

What is the revenue model of your project? In which ways do you generate revenue/profit? So many projects like you speak about the long-term vision and mission but what are your short-term objectives? What are you focusing on right now?

At the heart of OBS World is the dream seeded by our founder — to make the Motorsport community more accessible globally. For us, our mission surpasses mere monetary gains. We focus on bringing together a community of petrolheads, racers, and enthusiasts and offering them a unique metaverse experience. Some of our short-term objectives:

1. Accessible Entry: We believe in inclusivity. Thus, entering the OBS World metaverse will be easily accessible to everyone.

2. Monetization through Customization: While entry remains open, users who wish to enhance their experience will have the option to access premium features. This includes the ability to customize spaces and cars to one’s taste, adding a personal touch to their virtual world.

3. Auctioning Digital Collectibles: As we evolve, we envision a bustling marketplace within OBS World. Here, users will have the opportunity to auction and trade their digital collectibles, adding another layer of excitement and interactivity.

4. Brand Exposure: Businesses will have a unique opportunity to gain visibility in our metaverse. They can rent spaces, display banners, and organize brand-centric community events. This not only offers them a novel way to engage with their audience but also adds a dynamic commercial facet to our world.

At this juncture, our priority is to perfect the user experience, ensuring that every petrolhead feels right at home in OBS World. As we forge ahead, monetization will organically integrate into our ecosystem, ensuring sustainability while keeping user engagement at the core.

This provides a clear and concise overview of the revenue model, short-term objectives, and the immediate focus of OBS World.

Almost 80% of investors have just focused on the price of the token in the short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in the long term.

In the whirlwind of the crypto space, a significant percentage of investors tend to be swayed by short-term price fluctuations of tokens. While this might offer short-term gains, we at OBS World advocate for a long-term perspective, particularly given the depth and vision behind our project.

1. Community-Centric Approach: For over a decade, we’ve fostered a community of genuine petrolheads, united by a fervor for cars. This isn’t just a fleeting endeavor; it’s a culmination of passion and dedication. Holding our token isn’t merely a financial decision; it’s an entry into a close-knit community that thrives on shared passions.

2. Sustainable Growth: By centering our strategy on community-building, we’re ensuring a sustainable growth model. Unlike many projects that surge and decline, our steady focus on nurturing our community promises longevity and stability.

3. Incentives for Long-Term Holders: We recognize and value the commitment of our long-term supporters. Hence, we’ll be rolling out a slew of incentives tailored to reward their loyalty. This includes exclusive access to events, special features within the metaverse, and other unique opportunities that will be exclusive to our long-term token holders.

4. Organic Value Appreciation: As our community grows and as more features are integrated into OBS World, the utility and, by extension, the value of our token is poised to grow organically. This offers long-term holders not just community benefits but potential financial appreciation as well.

In conclusion, our message to potential and current investors is clear: OBS World is more than just a token. It’s a symbol of a thriving community, a shared passion, and a long-term vision. By holding onto our token, you’re not just investing in a cryptocurrency; you’re becoming a part of a movement that celebrates the automotive world.

This provides a comprehensive view of the long-term benefits and motivations for holding the OBS token.

Can you elaborate on the concept of “democratizing the racing industry” through the incorporation of Web3 technologies and how this might lead to broader participation and innovation?

Incorporating Web3 in motorsports is about making it accessible and inclusive for all. Here’s how it’s reshaping the racing landscape:

1. Broadened Access: Web3 platforms, like OBS World, eliminate hefty financial barriers, enabling anyone worldwide to engage in virtual racing.

2. Digital Ownership: Blockchain and NFTs offer true ownership of virtual assets, such as cars or tracks, allowing users to trade or monetize them.

3. Community-driven Evolution: Decentralized decision-making means users have a voice in how the racing environment develops, ensuring it remains dynamic.

4. Enhanced Fan Engagement: Tokens can empower fans, allowing deeper interaction like voting on race formats or joining virtual pit crews.

5. Innovative Racing Formats: The virtual realm offers the possibility for unique racing challenges beyond real-world limitations.

6. Transparency: All transactions are recorded on a secure, tamper-proof ledger, ensuring fairness and trust.

7. Global Talent Recognition: With global participation, overlooked racing talents due to location or finances can be identified and nurtured.

By integrating Web3, racing transforms from an elite sport to a global community where everyone has an opportunity to participate and shine.

Stay tuned for the OBS World updates:

🔗 Website: www.obsworld.io
🔗 Twitter: twitter.com/obsworldio
🔗 Telegram: t.me/OBSWorldOfficial
🔗 Discord: discord.com/invite/CbGyWrbaAJ
🔗 Instagram: instagram.com/obsworld.io