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Introduction

Social Economy Market

Accommodation Market Environment

Derivative Space (4th Space)

WEB 3.0 is Coming

Derivative Decentralized App (DAPP)

Non-Fungible Tokens (NFTS)

User Operation Concept

Core Technology

Project Background

Menu

Introduction

Whitepaper

Ghosto is a WEB3 activity platform specially designed for the community. Users can build their community, share their life, and experience a variety of exciting offline exclusive activities. Not only that, Ghosto also provides a one-stop event booking service that satisfies users’ social needs at parties, friends gatherings, private events, and a series of daily social needs. Ghosto focuses on the concept of making money while playing allowing users to use the NFT as a personal image. Participating in offline bounty activities to explore the outdoors and complete missions allows users to earn tokens. These tokens can be used in Ghosto platform or redeemed.

In Ghosto ecosystem, users can have many ways to earn money, such as: creating NFT ticketing for the events as well as trading freely in the market to earn profit.

The core of Ghosto is decentralization and user autonomy. By using blockchain technology to build a free, fair, and safe ecosystem, giving rights to users. The community-driven platform enables each NFT holder to become both an experiencer and a decider, with the right to vote on future development.

Ghosto Mission

Ghosto hopes to inspire people nowadays to have a healthier social life. Hence, by interpreting blockchain most simply, bring them into the Web3 era, and helps the real world at the same time.

Attention: Ghosto is currently in the conceptual stage, the contents of the whitepaper may be subject to change in the future.

Social Economy Market

Young people today are afraid of socializing and being alone

The degree of urbanization in Malaysia is increasing, and the size and density of the population are increasing. Huge cities are crowded with diverse communities, some of whom are isolated in their daily hustle and bustle. Besides, socializing seems to be a big headache for today’s young people. “Fear of social interaction and fear of loneliness” has become a true portrayal for some people.

With the growth of the internet, online social networking has become one of the main ways people communicate. Compared with face-to-face social networking in reality, the anonymity and convenience of online social networking allow users to express themselves and communicate with others more freely in the online world. Malaysia currently has a total of approximately 83% of internet users, 81% of whom are active on social media.

The Importance of Offline Socializing

Socializing is inherently inefficient. It takes time to build relationships, multi-faceted interactions to accumulate trust, and capital to build social tools to speed up the connections between people. In the end, all these actions are just to expect you to spend time and top up.

According to the study, socializing is a process of exchanging information. The only way to maximize information is to meet. In communication, 35% of the information is conveyed through words, while the remaining 65% is conveyed through non-verbal means such as body and facial expressions.

Social Place

Drinking, parties, and gatherings have become the main way of socializing in this modern society.

Physical businesses have created a variety of styles of venues to satisfy consumer demand, and more traditional industries have incorporated social elements to open up new markets. For example, the hotel industry…

Risk

Despite the high demand in the social market, the industry is highly homogenous. With a short life cycle, customers tend to lose their sense of novelty. Coupled with various government constraints and other factors, the offline social entertainment industry is in a high return but unstable grey area.

(Second Round) has also become the biggest worry for Malaysian consumers, but with it comes a variety of drinking safety concerns.

Accommodation Market Environment

‘Too Many Sleeping Places’

The accommodation sector contributes RM30 billion to Malaysia’s Gross Domestic Product (GDP). It covers a wide range of service industries, providing a lot of employment opportunities, reducing the unemployment rate, and hence making a significant contribution to the economy of the city and country.

According to statistics, there are more than 3.5 million short-term rental houses in Malaysia by 2021.

酒店客房 Hotel Room 3.45M
民宿 Airbnb 57,000

Consumer Market Environment

Offline social market is shifting to the accommodation sector

With the opening of the epidemic, local consumers are in high demand for offline events. Due to the competitive and cheap short-term rental market, coupled with the convenience, privacy, and accommodation that comes with it, it has become a place for many consumers to celebrate festivals and gather with friends.

Risk

The industry Does Not Meet the Needs of the Consumers

The accommodation industry is essentially a place for people to sleep, and although changes in the local consumer market have boosted occupancy rates, it is short-lived and has given rise to many social problems.

Safety problem-
Cannot control user’s behaviors and purposes.

Environment problem-
Part noises affect neighboring tenants.

Operation problem-
Increase management and operation costs.

Derivative Space

The Fourth Space – Tribes

The concept of the fourth space is an open lifestyle community, where users can explore, discover, experience, and share the fun.

Ghosto believes that hotels are more than just a place to sleep but also a portal to a lifestyle. By re-planning the traditional hotel market, the qualified space will be upgraded into a multi-functional social space for entertainment, accommodation, retail, and activities, with limited space to change a variety of possibilities.

Entertainment

Top sound equipment for an immersive entertainment experience

Activities

Users can book through the platform and hold regular offline events tailored to their interests

Retail

Brands can display products in the space for users to use, or make them available for users to purchase directly

Accommodation

Retain traditional accommodation functions

Procedure

Select 10% of the quality rooms in the existing 5-star hotel market and upgrade them to the fourth space (tribe) for booking by members within the platform. We don’t wish to change the ecosystem of the hotel industry, but only to use the existing resources and service system to open up a new market and improve the core competencies.

Pick a Spot

Select an eligible space from the existing market

Member Voting

Members are involved in the selection of the final location

Venue upgrade

Members are involved in deciding the design style of the space before the construction begins

Put into Service

Space upgraded and put on the platform for members to book

Mission of the Tribe

“What we are looking forward to is to build a safe and fun social experience for users with social needs in different cities, bringing social life back offline. Instead of a party, it is more like a relaxing chat-sharing session, with wine and stories.”

WEB 3.0 is Coming

Web 3.0: Everything Created Online it's All Yours!

Web3.0 is a new generation of Internet concept, which is a new economic system jointly built and shared by users and builders. In the history of Internet development, Web1.0 is “read”, Web2.0 is “read + write”, and Web3.0 is “read + write + own”.

In general, Web1.0 is the past and solves the problem of users browsing content; Web 2.0 solves the problem of creating content for current users; while Web3.0 will solve the problem of future user information security and content ownership.

The Core Elements of Web3

Blockchain

To simplify, blockchain is a ledger of recorded information. Instead of relying on one center, everyone participates in the process of recording and monitoring.

 

Bitcoin mining, on the other hand, is all about helping with bookkeeping, which is rewarded with bitcoins. The bookkeeping is anonymous, and the book is public.

 

There are also a series of security safeguards that solve the trust issues of decentralization and ensure the stable operation of Bitcoin.

Crypto asset

Currently, crypto assets can be divided into 2 simple categories: coin and token.

Coin has monetary properties, among which the most famous and typical examples are Bitcoin and Ethereum.

Token can be thought of as a carrier of value and most people understand it as a token, but professional translators usually call it a pass. It refers to being issued by a blockchain-based project, which is only used as a payment method within the project’s ecosystem, with the user holding the Token to enter the project.

Coin is just like the money we use every day. It has no value where it is used to exchange goods or services. Token, on the other hand, is like a concert ticket that only ticket holders can get in.

Decentralized Application(dApp)

The full name of Dapp is called Decentralized Application. Compared with the app running on the centralized server in the past, Dapp is deployed in a distributed network where all data are open, transparent, and cannot be changed.

Taking games as an example, traditional game data is stored in centralized server. In this situation, the developers have absolute control over the game and can change the rules and content of the game without anyone knowing about it. On the contrary, decentralized game data is stored in the distributed network where every rule is open and transparent, and no one can amend it. Game asset ownership belongs to players and developers have no control over them.

Derivative Decentralized App (DAPP)

Ghosto is the first truely WEB.3 "derived dApp" project, which uses blockchain technology to connect the real world with the digital world

We will synchronize the spending data of NFT holders in real life through blockchain technology and convert it into platform tokens to purchase more digital assets, to obtain more exclusive membership benefits.

Try to imagine, you’re a gastronome, wandering through fancy restaurants for delicious food, and your spending does nothing but just to accumulate points.

In Ghosto ecosystem, you will have your spending data, and the system will position you as a food lover based on your spending in the food sector. You can then constantly upgrade your status to enjoy more privileges similar to traditional membership. However, what makes it more special is that it is a digital asset in the form of NFT. It does not belong to any platform, but only belongs to you, and you can trade freely for profit.

Create a free, fair, and safe community platform through Web 3.0 concept, using NFT to gather people together to build their community, and inspire them to explore every corner of the city. Experience the most authentic lifestyle and empower traditional industries in the real world (bar/restaurant/hotel).

Non-Fungible Tokens (NFTS)

Quantity: 6666

Adventurers

Adventurer NFT acts as a basic membership to the platform. Different from the traditional membership, the core of Ghosto surrounds user autonomy and decentralization, striving to create a fair, safe, and free user experience.  NFT holders are not only service experiencers, but also investors and partners, who own the right to vote on developments to co-create, build, and share with the platform, turning typical memberships into assets.

Holders Own the Exclusive Benefits

Access / Voting
Discounts & Offers
Events Invitation
Exclusive Giveaway
Private Channel
(7 Lords) Whitelist

More benefits to come…

Quantity: xxx

7 Lords

Lord NFT is an advanced membership of the platform and is only open to Adventurer holders. Every Lord on the platform represents different categories of the community. For instance, if you own a “Lord of Gluttony”, you can build your clan, recruit partners with common interests to share, and experience a variety of exclusive activities.

Lord Members Enjoy All the Benefits of Adventurer Members

Lord of Pride

Lord of Envy

Lord of Wrath

Lord of Sloth

Lord of Greed

Lord of Gluttony

Lord of Lust

Event Ticket

NFT ticket is a digital asset that acts as a pass for the holder to enter the event. Members can customize events on the platform and earn money by issuing tickets for those events on the built-in marketplace.

Character Equipment

By cooperating with merchants to convert traditional membership cards into NFT equipment to be traded within the marketplace, members can purchase equipment for avatars and get ancillary benefits.

Platform Token

3XT is the trading token in Ghosto ecosystem. These tokens can be cashed in or used on the platform. More information will be revealed soon in the future!

User Operation Concept

NFTs Launch Date and Details

Ghosto will release the Adventurer series NFT membership on 2023, for a total number of 6,666.

Adventurer membership will be divided into 4 categories for sales. After the sale, the Lord series NFT will be launched as well, with more details will be announced later in the member community.

Ghosto differs from most NFT projects in the way it is sold, with no whitelisting, no private sales, no hunger marketing, and no virtual currency transactions. The public can direct use credit cards to purchase. When the transaction is completed, the system instructions will guide you step by step to obtain the NFT.

The core of Ghosto is to return to reality where NFT is just a tool. It is part of our mission to make it as easy as possible for the public to become part of the project.

Activity Begins

Experience the WEB3 Concept Party at $10 million

For each completed phase of the Adventurer Series NFT sales period, the project owner will contribute 30% of the proceeds to hold a grand decentralized party. The theme, location, and content of the party will be voted on by each phase of NFT holders!

Stay tuned!

Forming Communities

Ghosto ecosystem has 7 communities categorized. Each community is a DAO that is run by the members of the group together and a barrier to entry is set for other members to apply to join.

Similar to the game’s clans, you have the power to create a clan when you own the Lord NFT. At the same time, you can also create a clan NFT badge to recruit clan members.

All clans are ranked and can be upgraded according to the contribution of their members. In the beginning, only 5 members can be recruited. The number of members and the corresponding benefits will then gradually increase as the level increases.

Customized Activities

Members can customize daily activities through the built-in booking function of the platform. This function has personalized service options, allowing users to completely customize the content of the activity, not only can choose the activity space, but also food, alcohol, DJ, singer, and decoration for this one-stop service.

Play-to-Earn

Members have a variety of ways to access benefits through the platform’s built-in features
Ticketing Activities

Create NFT activities, tickets are sold openly on the in-app marketplace for profit

Bounty Activities
Choose a mission and complete it within the specified time to get the rewards.
Market Trading

Be the first to snap up limited number of NFT and trade them freely for profit.

Leasing Arbitrage

Over time, we plan to allow members to upload their properties to rent out as a venue space for a profit, like Airbnb.

Roadmap

Core Technology

Ghosto is a Web3 lifestyle application with built-in Game-Fi + Social-Fi elements. Game-Fi is planned to encourage users to explore the cities and embrace the most authentic life experience while relying on Social-Fi to create a community-driven platform that encourages users to create interesting content.

Gamified Finance - GameFi

GameFi is a combination of Game and Finance, which means to give users economic incentives in a way of play-to-earn. Non-fungible tokens (NFT) and blockchain technology are among the most important factors. Players can get the game rewards through several ways like missions, battles, levels upgrade, etc. You can also transfer the game’s assets to cryptocurrency trading platforms and NFT marketplaces for trading.

Ghosto/GameFi

Social + Finance - SocialFi

SocialFi is a combination of Social and Finance, which means building a group economic system through community power.  Similar to GameFi, GameFi implements the concept of Play-to-Earn by NFT of items, while SocialFi is a way to increase the frequency of interaction between communities and create inter-group value by issuing social tokens (Social Coin) or by tying one’s work to NFT.

Ghosto/Social-Fi

Project Background

Luban Creations SDN BHD

The Ghosto project was started by Luban Creations, a Malaysian brand design company. We have professional experience in areas like commercial branding, space design, and decoration, and have been creating a balance between traditional merchants and consumers for many years.

Based on our understanding of the consumer market, the Ghosto lifestyle brand was born! We will fix all the mistakes of the current social approach and interpret Web 3.0 in the simplest way possible, inspiring millions of non-cryptocurrency users to use the app to experience real social life from a real-life perspective.

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