Homespace’s White Paper is out!

Together with our website we are opening the White Paper to the public. Join our social media resources to discuss this thoroughly with HomeSpace team members. You can check out the White Paper here!

Here are some highlights from our White Paper

About

Imagine you have the home you’ve always dreamed of: somewhere on the ocean, where the waves crash against the cliffs, in the heart of Paris overlooking Montmartre, or maybe on top of a mountain that no road could lead you to.

We are creating a social network where you can build it the way you dream or use the creations of the best interior designers we bring to our project. It will be your place, the quintessence of your state of mind, your profile, your world. You can play music in your home from your record player; put your books on the shelf; hang the pictures you want on the walls pictures you want. You can invite other people into your house and talk to them in real-time or create private spaces just for you.

In addition to the usual 3D furniture, with which you can decorate your home, artists, digital sculptors, interior designers will create unique digital objects — NFT, which you can place in your home. The whole essence of the uniqueness of digital works will be embodied in our project — because NFT, even in the virtual space, there is only one copy of it.

AI-copy of your identity

In katathym-imaginative psychotherapy, the dream house that a person visualizes is a direct reflection of his subconscious. Trained from the data collected from your interactions within the Homespace, if you wish, we can create an AI copy of your personality within your Homespace.

It will speak with your voice, think like you, give advice like you, and, if you wish, look like you. So even when you are not around, part of you can communicate with guests of your Homespace. Thanks to multi-agent technologies we can create communications between different digital identities, and based on the results, we can recommend to our users their future friends with the maximized match possible.

The driving factor for social interaction

To motivate the user to use our social network more broadly besides designing their own Homespace, we are opening up the possibility of creating public Homespaces, some of which, for the development of the project, we will develop ourselves. For this purpose, a separate workgroup will be formed within our company, which will be responsible only for the creation of new worlds. The primary world we plan to develop will be Defi Street, where each building will be an API-connected project that already exists on our market. The project itself will be commissioned by us from a winning architectural studio.

In the second world, we plan to create NightCity, where we’ll provide different game projects with opportunities to implement their game rooms.

Then we plan to develop templates for specialized educational, psychological, and news worlds and create an API for integrating our project with other services.

We will now focus more on the technological and economic aspects of the HomeSpace project.

Technical Overview

In developing HomeSpace, we want to focus on achieving the highest possible rendering quality on all devices. To do this, we decided to go in several ways: by developing a standard client on the one hand, as well as a stream service for browsers on the other, which would allow us to get a high-quality AAA picture, which does not depend in any way on the characteristics of the computer or phone on which it is launched.

For mobile devices, it will also be a client with a texture simplification and polygon reduction system.

HomeSpace’s core services will be written in the Kotlin language. It will help us to develop quickly, produce maintainable code and reduce the number of possible problems. We will also use a number of NodeJS lambda functions for infrastructure maintaining tasks.

Using Kotlin multiplatform, we can share core business logic between various platforms (iOS, Android, Web, Desktop) and get native applications as an output. That saves us development time, helps to build consistent logic for all platforms, and gives us the benefit of native application performance. And, also, an easy way to integrate with native third-party libraries and the unreal engine.

Remote procedure call (RPC) generator will be used to create a consistent way to communicate between client and server.

Client applications will be able to work offline having limited functionality and will be immediately synchronized when getting back online.

For the backend services, written in Kotlin, we will use Ktor. It’s Kotlin native, asynchronous, lightweight framework. Ktor has all the necessary functionality and is able to start very quickly, which is especially important when scaling up.

Communication between client and server will happen via secure WebSockets to provide the client with live updates and reduce the number of unnecessary network calls. We will also provide a REST API for integration with third parties.

Blockchain

HomeSpace’s core infrastructure relies on the Ethereum blockchain, which allows it to securely and transparently store and protect user’s ownership of their assets in a trustless environment.

On-chain infrastructure will consist of three main components: HomeSpace Protocol, Homespace DAO and Homespace Governance Token (HOMES / HST)

Functionality

· Create NFT

· What: Anything (Architecture, Furniture & Sculpture, Art & Images, Skyboxes, Music)

· Who: Anyone

· How: Provides metadata, mint, appears in unassigned collection

· Import NFT

· What: Limited at the beginning (Art, Music)

· Who: Anyone

· How: Specifies data, transfers, appears in unassigned collection

· Sell / Buy / Auction

· Public marketplace

· Wrap (Assign)

· How: TBD, Depends on UniverseXYZ, more likely NFT ownership by NFT

Homespace DAO (SafeSnap)

· Off-chain voting

· On-chain execution

· Controls Homespace Protocol

· Controls Ecosystem fund

· Controls Emergency mechanisms

· Signalling votes for community-driven development of the ecosystem

· Already audited

Homespace Protocol

· Wrapper around UniverseXYZ

· Controlled by Homespace DAO

· Upgradability

· Parameters

· Uses Primary NFTs

· Created by Homespace

· Uses Secondary NFTs

· Imported (external) NFTs

· Emergency mechanisms

· Closed-source initially

· Open Source after audit

· Bounty program

· ENS domains for entities

· Interoperability

HST Token and Tokenomics

HomeSpace Team is planning to make a wide token functionality including participation in our governance system to make decisions with the rest of the community, providing liquidity into ecosystem pools and using $HST tokens as in-game currency in the future.

A total of 1.000.000.000 $HST tokens will be minted on the system launch. The following distribution will be held since the beginning of the project:

· 51%: Project users and active members of the community

Due to wide token functionality, these tokens will be used to bootstrap project and activity inside it. Users will be rewarded for active participation in the governance system, in NFT collections deploying and other specific actions such as holding exhibitions with NFTs or providing liquidity to the system. The tokens in this fund will be unlocked gradually and retroactively distributed to community members, based on the specified criteria of active usage.

· 5%: Closed pre-sale

This fund will be allocated to chosen participants of a closed investment round and unlocked gradually during the 2 year period.

· 7%: Launchpad

7% of the whole token supply will be distributed during IDO on a chosen launchpad. Specific launchpads will be announced later on the official Home Space social media resources (Twitter, Telegram, Discord, Medium etc.).

· 3%: Advisors

This particular fund will be used to reward and motivate advisors of the HomeSpace project for their contribution in project’s development.

· 24%: HomeSpace Team

· 10% Reserve system funds

All official contracts outside the project’s ecosystem, including agreements with Unreal Engine, will be issued to the developer company Vergil Development Studio s.r.o. (Prague, Czech Republic), owned by the CEO of the HomeSpace project.

About HomeSpace

HomeSpace is a decentralized social network, which is an array of photo-realistic virtual worlds with a separate home space for each user, adapted for mobile devices, PC, and VR platforms.

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