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Q2 Update
SUBJECT: On Behalf of the C3O of Wilder World: Update (Q2 2023)
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Published on May 27th, 2023.
Wilder Citizens:
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We have a lot of great news for you this quarter. The Wilder World team has been successfully executing and we are more excited than ever about what is around the corner.
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Last quarter, we achieved two major milestones - The Gameplay Demo and Dev Log 0 (“DL0”) - that pushed our creativity and technical execution to new heights. Please review the DL0 Zine for an extensive update on the details of what was achieved.
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DEV LOG 0
Wilder World
Dev Log 0 Zine
Waking up in the Metaverse
Wilder World
Pre-Alpha Gameplay Teaser Zine
These releases provide concrete evidence to our community that their belief in us is rooted in real progress, which we believe far exceeds that of any other “Metaverse” being built currently. We set out to create tangible experiences that exhibited the extraordinary possibilities of the Metaverse and judging by the response, we hit the mark.
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Wilder World enters Q2 knowing that as long as we stay committed to our course, then the vision we are charting towards will be an inevitability. We are on track to achieve our Q2 release (DL1), which you will see soon.
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Financially, we continue to be in a strong position to operate. Our team keeps sharp focus on maximizing operational productivity and employing proactive strategies to de-risk our treasury and bolster tokenomics.
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The Wilder World Project has approximately $22.5 million in cash and a gross runway of two to three years, depending on projected spend (and not including revenue).
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There are 100 world-class Wilder team members across the globe who are relentlessly working on this project with previous experience from: Rockstar, Blizzard, Ubisoft, Call of Duty, Apple, Microsoft, Marvel, Disney, Zaha Hadid, Nike and many more of the top companies in the world.
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While Wilder World was not impacted by the shutdowns of Silvergate, Silicon Valley Bank and Signature Bank, we further strengthened our treasury management by taking the following proactive measures in March: ○ Moving treasury out of USDC ○ Having funds at one of the four major US banks and crypto (ETH + BTC) ○ Being prepared to quickly hedge crypto spot positions in the event of major price volatility
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We are currently within the top 300 ranked projects globally, according to CoinMarketCap.
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On the foundation of our strong financial position, our team is executing on an audacious roadmap for the rest of the year.
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Launch the Racing Arcade. As we build v1 of Wiami with racing as gameplay, we are working towards an online and in-person Racing Arcade in December, where we will allow players to experience multiplayer racing in Wilder World. In other words, the first token-gated version of Wilder World is launching this year.
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Launch Avatars digital collectibles. To populate our world with players, we will create 9,999 access passes, redeemable for an NFT. These will also be airdropped to Trinity holders. For a limited period of time, players will be able to access a standalone Character Creator client, which will allow them to create and mint their own custom avatar. At the end of that period, all unminted access passes will be converted into procedurally generated Wilder avatars. These avatars will be placed throughout Wiami and will constitute the initial pedestrian population and be powered by AI.
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Finalize Preparation for W1. In 2024, we will be showing off the first nine neighborhoods of Wiami with a F1 style racing season, culminating in a spectacle event with significant prizes. This will allow us to test high-concurrency Metaverse events, and bring in world-class partners that can amplify the impact of what will be one of the first mainstream Metaverse events in the world. Our goal for 2023 is to ensure systems are ready to begin the first W1 races in early 2024.
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Blessings everyone,
n3o
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–END OF TRANSMISSION –
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