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Techitup Middle East
Interviews

Farming in the Metaverse is real, “MOONGLEFARM – A New Farm has come” 

In conversation with Jake Nguyen, BoardAdvisor & COO at VLINK GROUP as he discusses the launch of their latest innovation “Moonglefarm” a new farm in the metaverse. Learn more on how users can explore the metaverse for farming, selling & buying NFTs and much more.     

Please tell us about your MOONGLEFARM Launch event in Dubai, what can we expect from the event?

The Launch event is one of its kind and a great opportunity for users to witness a great moment in metaverse. Our event “MOONGLEFARM – A New Farm has come” will mark a significant milestone to celebrate the launch of our groundbreaking Metaverse project. I can say that the users can get ready to be amazed as we unveil our latest creation that will revolutionize the way we experience metaverse. We have spared no expense in making this event truly extraordinary, with surprises, interactive experiences, and a glimpse into the future of Metaverse, AI Technology and NFT.

You will be among the first to witness this game-changing creation, setting new standards and pushing boundaries like never before.

Tell us more about MOONGLEFARM, how is it connected to the Metaverse and what does it offer for users?

Well, the AR/VR industry has been game-changing for the Metaverse and has given a big boost to unimaginable ideas and innovations. You must have heard that farming in the metaverse as a trend is gaining a lot of traction and there’s a lot you can do in the real and virtual world (Metaverse) including farming and harvesting. The Meta Universe is already in the process of creating lasting impacts in our daily lives and sooner or later we will have to adapt, to solve challenges and obstacles we face in the real world. We have also been working on innovations and new set of ideas that will create ample opportunities in the Metaverse. The MOONGLEFARM is one such initiative from us where you can actually take up farming, harvesting and do a lot more. Agriculture in the Moon Metaverse will be the virtual representation of farming activities and techniques using VR and AR technologies. Not only farming in the moon metaverse but users can also invest/trade with NFT Collection, NFT Marketplace, BigData AI package for minting NFTs, NFT Auctions, MoongleFarm, GameAi chat bot / Ai trading assistant and much more.

What are the mechanics of the farm, how can users’ access this and what kind of investments are they looking at? 

Great question! There’s a lot that’s going on here and not just for the users but even for the businesses. From B2B to B2C and to even B2B2C, a lot can be done. For instance, this is how the space looks for B2B segment –  

B2B – Business, Merchants can take up the NFT Space to set up a shop, a gallery, sell NFTs, run a sale and not only that but they can even resell the space to smaller business owners or merchants within their shop to sell NFTs further.

B2B2C – Customers of a Business can look at minting NFTs and trading on the NFT Marketplace. The businesses here can charge the users a gas fee or a service fee depending on the charges listed. The NFTs you mint can be published on the blockchain to be bought or sold.


B2C – In similar lines with B2B2C, here the businesses are able to sell certain packages to their customers like token (for NFT minting, gas fee) NFTs. Other ways the businesses can make revenue is through a subscription fee, advertising fee, affiliate programs, gaming fees etc.

So, as I said earlier, there are immense opportunities for everyone here as long as you want to invest your time and take real advantage of the Metaverse.

The Blockchain & Crypto Industry is evolving everyday globally, what opportunities are you seeing in the Middle East?

The Middle East market has always been an interesting market for all businesses. In fact, for Blockchain, this is the most advanced and grown-up market. UAE to be precise has presented a lot of opportunities to the Blockchain industry vis-à-vis the Blockchain industry has seen a lot of growth here. There is immense talent in the UAE and we have always seen UAE offer something new to its people. It has been a very conscious decision for us to host the MOONGLEFARM Launch event in Dubai, UAE. With Web3.0 and NFT market response here, it makes our job much easier to reach out or expand to other markets in the Middle East. Moreover, Middle East is the Technology hub of the world and it is only going to prosper from here.

Finally, please tell us about your role with VLINK Group and your other initiatives in the industry?

I have been a Tech enthusiast for quite some time now and Blockchain, Crypto projects are my passion, something that I have been associated with globally. I’m currently the Chief Operating Officer of Vlink Group heading Operations and Technology. Apart from that, I am also the Product Owner of the MOONGLEFARM Project which has been built with a lot of passion, innovation, and with the Mission: Build the second life with your own dreams on Metaverse.

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