Fantasy gose beyond reality
OFFICIAL DECK
1GENSO is the metaverse incarnation of“Elemental Knights Online,”
which won the 2012 Game of the year (Gold) in Taiwan.
Utilizing blockchain technology,
we will create a new economy within the virtual world.

WEB3.0 × RPG × Metaverse
PC

https://genso.game/22

Agenda1 . What is Gensokishi ONLINE ?
2 . What is Elemental Knights ONLINE ?
3 . Track record
4 . About GENSO Metaverse
5 . About Gensokishi ONLINE
6 . LAND ＆ NFT ＆ Metaverse connectivity
7 . RoadMap
8 . Business Model
9 . WhitePaper Update log

This document holds links and images relevant to our DAO activity.

3

What is Gensokishi ONLINE ？
The web3 version of the 3DMMORPG game,“Elemental Knights Online(Gensokishi ONLINE)”“Game Star Award of Taiwan 2012” Gold Medal
the best selling smart phone game of 2012

© WINLIGHT Co.,Ltd. All Rights Reserved.

4

What is Elemental Knights ONLINE ？
Japanese Title

Has been running for 15 years
from launch. A masterpiece 3DMMORPG

Elemental Knights ONLINE
http://rpgeko.com/
Category

3DMMORPG（massively multiplayer online role-playing game）
Supported System

iPhone / Android / HUAWEI App
Nintendo Switch / PS4
In App purchases

Basic free play ＋ paying for items.
© WINLIGHT Co.,Ltd. All Rights Reserved.

5

The history of Elemental Knights
•
•
•
•
•

English ver.＆ Japanese ver. available
on iOS, Android, Nintendo, PS4
Started as a flip phone game.
8M downloads worldwide.
Existing vibrant community.

2008

2011年

2018

Flip Phone

Smart Phone

Switch・PS4© WINLIGHT Co.,Ltd. All Rights Reserved.

6

The features of Elemental Knights

7

Elemental Knights Demographics
Users

It has a ratio for male/female on 6:4, which is being liked by
Game/Animation/Comic lovers group. On smart phone games it has higher age
and core players than average.
GenderPlayers

Age
Male
Female

30~
20~
40~
10~
10<
50~
60~

About

25K

players/month

In-game message opened

80K times daily.
Official Twitter followers

37K （2023/9/1）© WINLIGHT Co.,Ltd. All Rights Reserved.

8

And in the year 2022,
We bring you…

9

Broken numerous records in the blockchain industryl Highest Market Value at 883.2 billion JPY
l Over 70,000 users purchased on Bybit's LaunchPool,achieving a total of 23 billion JPY in One Week (2nd bestrecord ever set)l 49 million yen slot sold out in 20 seconds at TrustPad's IDO(Highest record ever set)l Currently listed on 9 virtual currency exchanges (CEX)l In Japan, currently listed on Kraken Japan※1USD = 138JPY conversion

10

Broken numerous records in the blockchain industry
Ranked No. 1 worldwide, as the top cryptocurrency with highappreciation in 2022.

Token ranked 2nd on the worldwide Staking Rankings.

11

Awards, Awards, Awards!!
Tokyo Blockchain Game
AWARDS 2022

The DEV TEAM being awarded a Certificate of Excellence
for it‘s brilliant track record and contribution by theJapanese Government.

Genso wins: Media AWARD& the Guild AWARD!!
12

The GENSO Metaverse1313

A metaverse where the real world and RPG fantasy intersects!
Finance

Anime

Arts

e-CommerceSocialHousing
SightseeingEntertainment

Game

Metaverse

Dating

Tech
14

The endless possibilities of the

Metaverse

Game■Users can also share NFTs with other Blockchain games, and have NFTs come onboard.
Previously, if a game ended their service, the user’s data would have been wiped, but within the
Metaverse, it can be preserved as an NFT asset.
■ Users will be able to create their own RPG world by obtaining LAND.
Perhaps a sequel to a famous RPG will be developed in this world.
This RPG world could be linked to society, goods, currency, logistics, technology, and more.
This really is the future where “Fantasy becomes Reality.”
An RPG world designed like a space film?
The realization of futuristic cities?
An anime about reincarnation in another world?
What is the world that you would dream of?

The endless possibilities of the

Metaverse

Metaverse■ LAND is our basic term for property in the Metaverse, which can be purchased
and built upon by UGCs.
■ By using materials earned by playing the GensoKishi Online game, users will be able to create
NFTs. The endless possibilities of the NFTs that can be created includes using formulas to create
and connect physical real-world items with rare NFTs, or creating objects and furniture to be usedas home décor.

Housing■ Users will be able to build homes with the housing function, which allows users to have their own home in the
Metaverse. Players will be able to connect and invite others who are physically located all around the world andshowcase their personality & style.
■ Your Metaverse housing will be a home for your various NFTs.
Spend time with the friends and families you have met in the Metaverse and style your home by placing NFTs ofvarious furniture in your own home. Furniture NFTs will never get old and can be sold to others as antiques.

The endless possibilities of the

Metaverse

Relationships■ Users will be able to start a family in the Metaverse. Marriage certificates will be issued by contract.
Users can even purchase brand-name engagement rings and wear them in the
Metaverse via NFT, while obtaining a physical version of the ring through the e-commerce platform.

Anime & Events■ Various animated characters (IP) will be a part of the “GENSO” world.
We will be announcing collaborations with multiple projects in the upcoming future.

Art■ Digital art NFTs can be showcased in various parts of the Metaverse.
Users can display digital art NFTs in their own LAND and host private exhibitions.
■ Collectors could create a museum with NFTs arranged like an art collection.
Users will have the possibility to host auctions connected with real-life physicalartwork and antiquities.

The endless possibilities of the

Metaverse

E-commerce & Logistics■ Users will have the ability to purchase e-commerce products that are shipped around the world within
the Metaverse. Transferring ownership rights of products purchased on e-commerce channels will be mucheasier, as the ownership rights will be transferred via digital data and users don’t need to handle physicalitems. In GENSO, all products available within the Metaverse can be purchased with cryptocurrencies.
■ Real-life limited items can have an exclusive NFT issued
For example, a limited-edition motorcycle could have an exclusive NFT issued, which could arrive in the
Metaverse prior to being manufactured. Motorcycles could break over time, but with the NFTs, but users
can showcase their prized possession without worrying that the item may break.

Tourism & Culture■ Real world cities and famous tourist attractions can be realized and recreated within the
Metaverse. Users will be able to experience local specialties and limited NFTs available only within
the specific locations.
Additionally, users could visit the physical locations and obtain NFTs that that can only be acquired at
the location. Traveling around the world to collect NFTs can potentially come to reality soon.

Elemental Knights Online
Overview
19

ECO System （Economic
cycle）
Play and ECO
community

Metaverse
Game

Play
Market Place

Community
ＧＥＮＳＯ ＡＲ

UGC

Visit

Trade

ＤＡＯmetaverse
LAND ＆ Housigng
Collection room

Build
Possess20

Japan’s Number 1 Metaverse

The most LOVED game in Japan is now
a Metaverse on the Polygon Blockchain
21

Design UGCs and Earn！ ※UGC=User Generated Content
Genso to become the Hub for Japanese IPs and more!

Various character raising factors.
Raise yourown unique character

23

Meet up in the virtual world andLive as you wish.
Here, the world is what you imagine.

24

Our ecosystem is built so that users from anywhere in the world canlive and interact as if they were meeting face to face.

25

Your Avatars as Tradable ＮＦＴ Assets
・NFTs are on the Polygon Blockchain

26

ＵＧＣ×ＡＲ×Real-world Event

The Fantasy beyond Reality

27

Avatar / Item collabs with Web3 brands!

28

LAND ＆ UGC & MALL

29

Easy to use, instinctive UI to createand sell original skins and items.
30

Users can create their own map andinvite users to play.

31

UGC-created works by creators will also
appear on PlayStationⓇ and
NintendoSwitch™

ＵＧＣ

32

MALL

RWA（Real World Asset）
Trade NFTs using $MV
33

MUSEUMShowcasing NFTs within the Metaverse at the Mueseum34

JAN-Navi× GensoKishi Online

GENSOKISHI

Mahjong Land coming soon

25% OFF on MV

Supported Platforms

36Supported platforms＜Gensokishi ONLINE Official＞
https://genso.game/Platforms

Languages
Operation Platform
Operation Company：：：

Chinese, English, Japanese
PC browser, Android, iOS
Gensokishi Online Taiwan Project

Blockchain

MV(Token)：Polygon/MATIC, ETH (ERC20)

ROND(Token)：Polygon/MATIC, ETH (ERC20)

NFT：ERC721, ERC1155 (Support main chains in the future)
Wallet：Metamask, Brave
NFTMarket：OpenSea, Unique Markets
Cryptocurrency exchange：Bybit, MEXC, Gate.IO, KuCoin, Zaif, Quickswap, BitoPro,Coins.ph37

Services
GensoKishi Online
GENSO
Development Kit
Game
DesignCreatorSANDBOX

Marketplace

GENSO Maker
UGC

LAND &
Housing

LAND Viewer
Creatorʼs Program

GENSO BLOCK

38

Overview
GensoKishi Online
Play inside the Metaverse

GENSO Maker
Create in the Metaverse(Beginner-friendly) NFT Exports

GENSO Game Development Kit
Create in the Metaverse (Dev kit)

LAND Viewer
Scroll through GENSO LANDGENSO BLOCK
Create using BLOCKs

Creatorʼs Program
Support program

An MMORPG-based fantasy themed metaverse. Massively multiplayer, players can connect with otherplayers in our 3D world and engage in activities by importing LAND, NFTs, or MV/ROND tokens.
A beginner-friendly application that gives players the power to: place objects and design their LAND, see
their LAND through the eyes of a character, publish their LAND onto GENSO, create character skins andexport into NFTs.
Set up in-game events, characters, monsters, and more.
Allows for full-scale LAND development in conjunction with Unity.
Scroll through the map and see who owns which LAND on GENSO. Players can check what kind of landis available to buy/sell or even negotiate with the owner to rent.
There will be a “contact owner” button that allows you to exchange messages.
An easier way to make objects on GENSO using blocks.
A support program for participants who create/develop in the GENSO Metaverse.
Sponsors and other organizations support the program, and contests are held, with cash prizes forexcellent works. Sponsors and companies will fund creators while GENSO official sales will also
generate income for the creators. The excellent works will appear on PlayStation and Nintendo Switch.

39

MakerGENSO Maker
UGC

LAND &
Housing

Updating
USE MVLAND Housing Feature

Generate BLOCKs

GENSO Land Viewer
integration

Place LAND, BLOCKs,
and OBJECTs

GENSO BLOCK

BLOCK OBJECTs soldon the marketplace

GENSO BLOCK

Creatorʼs Program

Released

UGC

Next page

Works with GENSO
Development Kit

Next pageUGC Contest
Sponsors

USE MV

USE MV40

Maker & Development Kit
UGC

USE MV

Design your own LAND
Special skin LAND
LAND UGC Utilities
Synthesize Game
Development Kit data

Updating

Place Monsters

Place NPCs

USE MV

Appearance

GENSO
Development Kit
DesignGame

Released

Design your own Cosplay Gear USE MV
Spacial skin NFT
output at NFT

Field Environment
Customization

Set BGM

Game Development Kit

Character Parameter
Customization

Desing Development Kit

With Unity Tools Fullscale development of
LAND design

Creator SANDBOX

41

Regarding ＬAＮＤ development❶ Ver1 Collection Room

Use MVLAND Privileges

Place NFTs in the foundational room of LAND for collection.
It allows including UGC equipment. Distribute object materials to LAND owners.

❷ Ver2 to 3 Housing

Use MVLAND Required

Arrange NFTs in LAND for free design. Can place object NFTs, allowing creation
through UGC. Visit other people's LAND from LANDViewer.

❸ Ver4 LAND

Use MV

Under
preparation

Under
preparation

LAND Required

Further evolution will enable various forms of communication. Implementation of LAND objects
that will affect the character status in GensoKishi Online.

❹ Ver5 LAND Metaverse

Use MVLAND Required

Land will integrate with GensoKishi Online(game),allowing for online publication. Various features will be added, enabling the creation of games
and implementation of all sort of functionalities.

42

An Open

Metaverse
USE MV

GENSO
UGC・Companies
・Local authorities
・Projects
・Guilds
・Individuals

LAND

USE MVUNDER CONSTRUCTION！
Marketplace

ROND
Project 3

Project 4

An open GENSO Metaverse allows us to connect with other exciting games.
We will promote and start collaborating with projects from around the world.
43

The Blockchain Layer
Blockchain
Blockchain: MV Chain / Arbitrum
GENSO releases itʼs own “MV Chain” on Arbitrum Orbit.

44

MV (Token) & Utility
Metaverse
The most important token of this game.
MV is the abbreviation of metaverse.
MVcoin is mainly used out side of the game for building
a metaverse world.
Blockchain：Polygon, ETH(ERC20), Arbitrum
Name：Metaverse
Ticker：MV
Max Supply ：2,000,000,000
Contract Address(Polygon):
0xA3c322Ad15218fBFAEd26bA7f616249f7705D945*Of the 2 billion MV max supply, 1.6 billion MV (80%)
have been locked up in a vesting contract.

Metaverse

UTILITY◆ MV is the native token of our MV Chain,
which will be then used by many other projects and games◆ Gas on the MV Chain will be MV◆ Voting rights for the rule/policy of the metaverse.
◆ Discounted price for purchasing special equipment.
◆ Rights for strengthening equipment.
◆ Rights to purchase items that only available by MV token(powerful items for playing game)◆ MV Coin staking function:(Stake MV for earning ROND Coin)◆The right to receive the distribution of special NFTs
(Limited to those who stake a certain volume of MV)◆ Special rights within UGC(Limited to those who stake a certain volume of MV)◆ Rights for entering auction of opportunity for creating MAPs
and MONSTERs as UGC.
(Limited to those who stake a certain volume of MV)◆ Rights for purchasing the availability for creating MAPs andMONSTERs as UGC. ※Function updated after release:◆ Transaction fee for in-game trading.
◆ Various LAND activities and transactions.
◆ Used in partnered –games playable on GENSO (ex. JongNavi Mahjong) 45

ROND Coin(Token) & Utility
ROND Coin
The ROND Coin is our in-game currency that constitutes
the GensoKishi in-game economy.
Blockchain：Polygon、ERC20
Token Name ：ROND Coin
Ticker：ROND
Max Supply ：1,000,000,000,000( Before burnt )Max Supply ：1,000,000,000( After burnt )Contract address:
0x204820B6e6FEae805e376D2C6837446186e57981*96% of supply has been burnt June 2022 to adjust max supply..
*97.5% of supply will be burnt after august 2022 to adjust max
supply.
When the number of users increase and ROND’s transaction volume
exceeds a certain number, 39 billion ROND tokens that were burnt
will be reissued on a new chain.

ROND Coin UTILITY
The ROND Coin enables a variety of economic activities.
Use ROND to/as:◆Purchase items and merchandise at the mall.
◆Admission to museums and other exhibits inside the Metaverse.
◆Admission to concerts, events, and other events held inside theMetaverse.
◆Purchase items, base weapons, and protective equipment inside
the Metaverse.
◆Join exclusive/special modes only available under certain
conditions.
◆Upgrade base equipment.
◆Warp between zones inside the LAND to save time.
◆Admission to enter UGC (User Generated) maps.
◆Challenger fees to take on a new quest.
◆Admission to physical GensoKishi events.

46

MV Allocation Map
Allocation Map
2%
3%
13%

Circulating Supply

10%

1%

Metaverse Ecosystem Fund
Development & Operating

13%

Marketing

38%
20%

Liquidity & Exchange Listings
Private Sale
Team
Advisors and Cooperators

Allocation Type

Token

%

Circulating Supply

194,230,000

10%Metaverse Ecosystem Fund

749,394,550

38%Development & Operating

406,298,250

Marketing262,983,898

Liquidity & Exchange Listings

252,807,800

13%

Private Sale

63,290,143

3%

Team

41,908,536

2%

Advisors and Cooperators

29,086,823

1%

Total

2,000,000,000

100%

Update: Dec 12, 2023

MV Lockup Schedule

About
Inventory to provide
liquidity in making trades
and sales

Subjected to Lockup

Lockup Period

Release Cycle

Release Amount

Private Sale

24 months

every 3 months

Releasing 1/9 of pool, over 9 times.

20%

IDO

28 months

every 3.5 months

Releasing 1/9 of pool, over 9 times.

13%

Advisors

Until amount iscomplete.

every month

Releasing 40,000MV of poolTeam

Until amount iscomplete.

N/A

Currently locked.

Promotional Partners

6 months

every 3 months

Other owners

N/A

N/A

Releasing 1/3 of pool, over 3 times.
(Done)
N/A

Update: Sep 1, 2023

47

Team
Maxi Kuan CEO
Advisor of Blockcast
Advisor of C Channel Co., Ltd.
Blockchain Mentor of IAPS
Accelerator

Ricky Chen Advisor
Founder of TomoTouch
Former Blockchain Business Development
Director of Ubitus.inc

Kevin Hoo Advisor
Co-founder & CEO of blockcast.it
Partner of MICA Fund
Blockchain Enthusiast

Tokuhiko Uwabo Advisor
Former Operating officer of ZERO
WattPower.inc
Former Phantasy Star's Creator of SEGA Co.,Ltd.

Kunchou Tsai Legal advisor
Enlighten Law Office International
lawyer familiar with virtual
currency
Experienced legal advice to
Coinbase

Masaki Kato Advisor
President and CEO of Clappers Co., Ltd.
Advisor of NHN Japan Corp.
Advisor of LEVEL-5 Inc.
Former CEO of NHN PlayArt Corp.

AAVEGOTCHI Ambassador of Blockchain Game

48

Team
Akira Morikawa - Advisor
President and CEO of C Channel Co., Ltd.
Former CEO of LINE Corporation(Japan)

Tsuyoshi Noguchi ‒ Fashion Advisor

Yasuyuki Katsube ‒ Legal Advispr

Genki Kitagawa

Legal advisor on blockchain & cryptocurrency,
system development, intellectual property law,etc.

Investor & Actor

Advisor to fashion brands at the Paris Fashion
Week, stylist for fashion magazines andadvertisements, personal stylist for Takuya
Kimura, Satoshi Tsumabuki, EXILE, etc.

Legal Reputation Advisor

Top Court International Law OfficeMember of the Tokyo Bar Association.
LawyerHiro Mizushima ‒ Supporter

Stylist / Fashion Director

Hikone City Council Member (3rd Term)
GensoKishi × Hikone City Collab Promoter
GensoKishi Online Official Player
Regional Revitalization Advisor■ 130+ experienced designers and engineers working on thedevelopment.
■ Staff from various backgrounds and nationalities, putting intheir best day and night to become the top game.
■ All core members are a part of the GensoKishi community,
and we welcome new staff from the community for all positions!
49

Team

X(Twitter)

Discord

Telegram

LINE

YouTubeetc.

173.5K

72.0K

27.1K

36.4K

2.5K

121.1K

レーナ

あっき

ＹＰ

Ｍｕｎｃｈｉｅｓ

This project is supported by over 350,000 users in our various communities.
They empower us to challenge society as we know it.With the support from our communities,
we will create the best metaverse available in our world.

50

Partners

51

Past Collaborations

52

ROADMAP

53

The 3 Phases ofMetaverse❸ Absolute expansion and Welcoming in more..!
There will be more and more people who will join our fantasy world for different reasons – not only
games but also animation, art, e-commerce, and finance. Our fantasy world will combine with the realworld to form an actual society. →transformation into a Dapps❷ “MV”+ “LAND”+ “NFT UGCs ”
Players will be able to create LAND/items/skin NFTs using our UGC feature. All creators and players
will take on a key role in the expansion of our fantasy world → transformation into a DAO

In progress❶ Creating an economy in the MMORPG world through blockchain & NFTs
The metaverse will be founded on MV (UTILITY Token), ROND (In-game currency), and NFTs (Items / Costume/ Equipment for the metaverse), and it will be the world's first metaverse service that actualizes its own in-gameeconomic sphere.

DONE
54

Roadmap 1 ( =All Completed )Official website open ( Public )Official ( Twitter, YouTube, telegram, discord server ) open
Launch on TrustPad
MV（Polygon） Listing ( Bybit, Quickswap)
1st Official Skins NFT auction
MV(ERC20) Listing (Uniswap)
Start NFT alliance of companies, brands and IPs in Metaverse space
MV(Polygon) Listing ( Gate.io, KuCoin )Closed α test
MV(ERC20) Listing ( Kraken )MV(ERC20) staking released
Adjust (Burn) 96% of the total number of RONDs issued
2nd Official Skins NFT auction ( NFT tie-up version with brands )GENSO market place open
Closed β test
GENSO shopping mall open
NFT tie-up announcement (Additional collaborators in the metaverse space with multiple NFT brands)
ROND(Polygon)(ERC20) Listing（ Tier1 CEX ）Official Launch

Evolving into theMV（Polygon）now listed in Taiwan (can be exchanged to Taiwanese $)LAND Viewer Released
Round 1: Announcing brands, companies, and IPs participating in LAND
Starting Housing connectivity; 1st LAND Sales (Housing Area)
Partnering with smartphone app security encryption provider and adopting their technology
Major update regarding system security
MV(ERC20) Listing on European cryptocurrency exchange
Partnering with fraud-checking security system provider and adopting their technology
MV（Polygon） Listing (Coins.ph)MV（Polygon） and ROND（Polygon） now listed in Japan

Metaverse

2021/12/1 ( DONE )2021/12/1 ( DONE )2022/1/18 ( DONE )2022/1/27 ( DONE )2022/2 ( DONE )2022/2( DONE )2022/2( DONE )2022/4( DONE )2022/5( DONE )2022/6( DONE )2022/6 ( DONE )2022/6( DONE )2022/6 – 8 ( DONE )2022/7( DONE )2022/7( DONE )2022/9( DONE )2022/10 (DONE )2022/10 ( DONE )2022/11 ( DONE )2022/12( DONE )2022/12( DONE )2023/1( DONE )2023/1( DONE )2023/4( DONE )2023/4( DONE )2023/5( DONE )2023/5( DONE )2023/5( DONE )2023/5( DONE )55

Roadmap 2
UGC contests | Creator’s Program launch
GENSO Maker Ver1 Release（UGC app for LAND/NFT test ver）
Creator’s Sandbox Ver１Release (Sandbox environment for Creators)
GENSO Design Kit Vol1 Release
GENSO Design Kit Vol1 Manual Release2023/5 ( DONE )2023/5 ( DONE )2023/7 ( DONE )2023/8/15 ( DONE )2023/8/15 ( DONE )Round 2: Announcing brands, companies, and IPs participating in LAND
Starting partnership with logistics; Allows for phsyical items to be delivered around the world
Starting partnership with logistics for NFT items; Cross-border e-commerce for Metaverse 3DNFT & physical-items
Starting collaborations with culture & tourism; Announcing tourist attractions that will become landmarks of ESTATEGENSO Game Dev Kit Vol1 Release (Limited release to partner companies/creators)
Round 2: Game Partner JAN-Navi Mahjong Press Release

In progress
In progress
In progress
In progress
2023/8 ( DONE )2023/9/1 ( DONE )GENSO App Google/Apple Pay
KYC (ROND Exports)

2023/9 ( DONE )2023/9 ( DONE )GENSO Maker Ver2 Release (Cosplay Equipment UGC)
LAND area entry to be permitted; Individual homes can be designed, concept maps with landmarks can be enjoyed
GENSO Marketplace (credit card purchase tests)
GENSO App AR Mode
Furusato Nozei (Japanese hometown taxation system) service on the Metaverse starting in Japan
Round 3: Announcing brands, companies, and IPs participating
GENSO Metaverse Game Partner JAN-Navi Mahjong open
GENSO Metaverse Amusement Park Grand Opening
MV（Polygon） Listing (BitGet)
Avatar NFT UGC Equipment Simplification （Simplified UGC usability without using Unity）
Can play Jan-Navi at a 25% discount using MV
LAND Ver1 NFT Collection Room Functionality（Allows collecting and displaying UGC equipment NFTsを in Housing）

2023/10 -11( DONE )2023/10 ( DONE )2023/10 ( DONE )2023/11 ( DONE )2023/11 ( DONE )2023/12 ( DONE )2023/12 ( DONE )2023/12 ( DONE )2023/12 ( DONE )2024/1（DONE）
2024/2（DONE）
2024/3（DONE）

56

Roadmap 3
Avatar NFTs from UGC appear on NintendoSwitch™ and PlayStationⓇ
Avatar NFT UGC Functionality Ver2 (Addition of feature with attachedd effects)
MV Staking（Farm Game Style） Commencent
2024/4（DONE）
MV(ERC20)→MV(ARB) Bridge released
MV(ERC20) →MV(BNB) Bridge released
LAND Ver2 Housing Feature （Own a house in our LAND）
ROND withdrawal system
Upgrades for multichain support (Arbitrum)
MV Chain release
Avatar NFT UGC Feature Ver３（UGC related to character appearance）
MV Tier1 Crypto Exchange ListingAvatar NFT UGC Feature Ver４GENSO Metaverse Game Partners #2
Round 4 - 20: Announcing brands, companies, and IPs participating in LAND
Object NFT UGC Functionality Public Release
LAND Ver3 LAND Feature Expansion (Addition of Social Features)
LAND Ver4 Function Expansion（Strengthening collections and adding market-related elements)
MV Listing on Cryptocurrency Futures Exchange
MV (ERC20) to be listed on a European ETF service
Starting TV commercials
GENSO Game Dev Kit Vol2 Release (Public)
Connectivity to other metaverses
LAND Ver 5- Enable RPG game-like adventures within LAND Test Release
Starting NFT rental systems; Partnerships with various Guilds
LAND Ver 5- Enable RPG game-like adventures within LAND Official Release
Ability to sell physical real-estate properties from across the world in the Metaverse
LAND Ver 5- Enable RPG game-like adventures within LAND

2024/4（DONE）
2024/4（DONE）
2024/62024/62024/72024/72024/6 - 9
2024/6 - 9
2024/6 - 9
2024/6 - 10
2024/10 - 12
2024/102024/1 onwards
2024
2024
2024
2024
2024
2024
2025
2025
2025/3 - 6
2025
2026
2026
2026 onwards

57

Compliance with Laws and Regulations
The project has received legal advisory from international lawyers in Taiwan, Singapore, andJapan regarding the various law regulations, and is operating in accordance with the law for
major countries around the world.
Project Legal Opinion

Obtained

Legal Opinion on Token IssuanceObtained

Token Audit Report

AuditedLegal Opinion on Japanese Law

Obtained

Securities Applicability (Japan)

Not Applicable

Applicability to crypto assets (Japan)

Not Applicable

Applicability of prepaid means of payment (Japan)

Applicable and appropriately handled

Applicability to gambling law (Japan)

Not applicable

Measures against money laundering

Adequate measures are being taken

58Legal Matters and Risk Disclaimer
PLEASE READ THIS SECTION CAREFULLY. IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S).
The MV tokens are not intended to constitute securities in any jurisdiction. This Whitepaper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation forinvestment in securities in any jurisdiction.
This Whitepaper does not constitute or form part of any opinion on any advice to sell, or any solicitation of any offer by the distributor/vendor of the MV tokens to purchase any MV tokens nor shall it or any part of it nor the fact of
its presentation form the basis of, or be relied upon in connection with, any contract or investment decision.
The purpose of this Whitepaper is to present Gensokishi Online -META WORLD-, its technology, business model and the MV token to potential token holders in connection with the proposed token sale. The information set forth
below may not be exhaustive and does not imply any elements of a contractual relationship. Its sole purpose is to provide relevant and reasonable information to potential token holders in order for them to determine whether toundertake a thorough analysis of the company with the intent of acquiring MV tokens.
Neither the U.S. Securities and Exchange Commission, nor the Japanese Financial Services Agency, nor the Financial Supervisory Commission (FSC) of Taiwan, R.O.C nor any other foreign regulatory authority has approved aninvestment in the tokens.
The following countries - including their citizens and residents - are not allowed to participate in the Initial Token Sale ? U.S., China, Algeria, Bolivia, Vietnam, Indonesia, Kyrgyzstan, Lebanon, Morocco, Namibia, Nepal, Pakistan,
Ecuador, Myanmar, Ivory Coast, Cuba, Iran, North Korea, Sudan, Syria, and Crimea. Also, in order to comply with the global anti-money laundering norms, citizens and residents of the Non-Cooperative Countries and Territories(NCCT) shall not participate in the Initial Token Sale ? North Korea, include Bosnia and Herzegovina, Ethiopia, Syria, Iran, Iraq, Sri Lanka, Trinidad and Tobago, Tunisia, Vanuatu and Yemen. Certain statements, estimates andfinancial information contained herein constitute forward-looking statements or information. Such forward-looking statements or information concern known and unknown risks and uncertainties, which may cause actual events or
results to differ materially from the estimates or the results implied or expressed in such forward-looking statements. This English-language Whitepaper is the primary official source of information about the MV token. The
information contained herein may be translated into other languages from time to time or may be used in the course of written or verbal communications with existing and prospective community members, partners, etc. In thecourse of a translation or communication like this, some of the information contained in this paper may be lost, corrupted or misrepresented. The accuracy of such alternative communications cannot be guaranteed. In the eventof any conflicts or inconsistencies between such translations and communications and this official English-language Whitepaper, the provisions of the original English-language document shall prevail.
42 TAXATION
Any Gensokishi Online -META WORLD- party makes no representations concerning the tax implications of participating in the crowdsale, making donations, or receiving and holding Tokens. You bear the sole
responsibility for determining or assessing the tax implications of your participation in the Scale App World Initial Token Sale. By participating in the Gensokishi Online -META WORLD- Initial Token Sale, you agree that no otherparty (including, without limitation to any Gensokishi Online -META WORLD- party) may be held liable for any loss arising out of, or in any way connected to. REPRESENTATIONS AND WARRANTIES BY YOU
By accessing and/or accepting possession of any information in this Whitepaper or such part thereof (as the case may be), you represent and warrant to Gensokishi Online -META WORLD- and/or the Distributor as follows:(a) you agree and acknowledge that the MV tokens do not constitute securities in any form in any jurisdiction;(b) You are prohibited to participate in this Gensokishi Online -META WORLD- token Pre-sale and Initial Token Sale to purchase any MV tokens if you are a US citizen or resident (taxpayer or related party) or US
green card holder or China residents or citizens.
(c) You agree and acknowledge that no regulator has reviewed or approved any information on the whitepaper. We have not followed any rules or regulations in any jurisdictions. The publishing, distribution or dissemination ofthis whitepaper does not mean the whitepaper has complied with the applicable laws and relevant regulations. There are certain operational and business risks in MV tokens, the crowdsale of MV tokens, and the MV token
distributors.
(d) You agree and acknowledge that business operations involve known and unknown risks, uncertainties and other factors that may cause the actual future results, performance or
achievements of Gensokishi Online -META WORLD- to be materially different from any future results, performance or achievements expected, expressed or implied by such forward-looking statements. These factors
include, amongst others:(i) Changes in interest rates and exchange rates of fiat currencies and cryptocurrencies;(ii) (ii) Changes in political, social, economic and stock or cryptocurrency market conditions, and the regulatory environment;(iii) (iii) The risk that Gensokishi Online -META WORLD- may be unable or execute or implement its respective business strategies and future plans;(iv) (iv) Changes in the availability and salaries of employees who are required by Gensokishi Online -META WORLDto operate its respective businesses and operations;59

Update History
Roadmap updated8
Roadmap updated
Roadmap updated, ROND feature added, ROND Burn added, additional cryptocurrency exchanges included
Addition of MV Staking Rankings, GENSO Marketplace, Closed Alpha & Beta Tickets
Mention of Play to ECO, Shopping Mall, Yoshitaka Amano collaboration, Museum, Roadmap updated, Partners added
Addition of Japanese legal regulations, advisors
Roadmap updated, GENSO Metaverse concept added, ROND properties added, ROND Burn added, GENSO
Marketplace added, GENSO Shopping Mall added, and more
Roadmap updated, GENSO Metaverse concept added, LAND & UGC added, and more
MV's UILITY-related updates
Separated documents "WhitePaper" and "LAND_UGC_Mall_MarketPlace Overview" November 6, 2022
Roadmap updated, Advisor added, Allocation map added
Roadmap updated, Added 15 partners
Roadmap updated, GENSO Maker added, GENSO Game Developers Kit added, GENSO openness added
Roadmap updated, Updated MV utilities, game integration, development kits and other minor details
GENSO Metaverse Game Integration: Announcement by JangNav Mahjong
Roadmap updated, Added partners
Roadmap updated, Added partners, AR mode added, Future of LAND added, etc.
Roadmap updated, Addition of LAND Utility
Roadmap updated, Addition of Elemental Knights collaboration(NintendoSwitch™ and PlayStationⓇ collaboration).
Roadmap updated, Addition of MV Utility (25% OFF for Jan-Navi Play)
Roadmap updated, Added partners, Addition of LAND Utility, Updating GENSO-related services
Roadmap updated, Added partners, MV Chain integration with Arbitrum

February 17, 2022
March 1, 2022
March 24, 2022
April 26, 2022
June 28, 2022
June 28, 2022
September 24, 2022
October 20, 2022
October 30, 2022
November 6, 2022
January 14, 2023
March 7, 2023
June 12, 2023
August 16, 2023
September 1, 2023
September 28, 2023
January 5, 2024
January 12, 2024
January 19, 2024
January 26, 2024
March 22, 2024
May 31, 2024

60

Thank you for your time and we look forward tobuilding a NEW WORLD with YOU.

https://genso.game/61