FOR IMMEDIATE RELEASE: Michigan’s Edge Mountain Biking Association (MEMBA) to Discontinue all Physical Reality Operations and Redirect All Efforts and Resources Towards Building The MEMBAVerse in Virtual Reality
West Michigan – Newly appointed MEMBA President, Joe Lampen, is announcing today that, effective immediately, all resources collected and the efforts of the board, trail coordinators, and community volunteers will be redirected towards building the MEMBAVerse, a virtual reality world for people to enjoy the sport of mountain biking. “The future of mountain biking is not actually outside mountain biking” said Lampen. “The MEMBAVerse will be THE place for people to pursue a healthy lifestyle in virtual reality.”
The new MEMBAVerse will be built on the Ethereum blockchain in order to allow for the creation of Non-Fungible Tokens (NFT’s) for trail segments and bike equipment. Developers will be given the opportunity to create trail segments and earn Builtcoin or issue an NFT for the segment that financial sponsors will be able to purchase. Virtual riders will be able to earn Fitcoin by riding trail segments, which will also create new Builtcoins that will be issued to the developer of that trail segment and the name of the holder of the NFT for the trail segment will be presented as the sponsor (ad) to the rider while they ride the segment. Fitcoins will be able to be exchanged for beer, coffee, or, well…. virtually anything.
Bike shops will have an opportunity to participate in the new MEMBAVerse as well. They will be able to sell the bikes and equipment in the new virtual world in exchange for Bitscoin. Bikes will also have NFT’s attached to them to validate authenticity and ownership of the bike. Bitscoin will also be able to be exchanged for bike ‘bits’ necessary to maintain the bike’s NFT value. Bitscoin can be purchased from MEMBA (details coming) and will be shared with the bike shops.
Bike events will also be held in the MEMBAVerse by allowing event managers to create scheduled events where riders can sign up and show up for events like bike races. Lampen commented on how those events would be managed by explaining “MEMBAVerse races will become available for participants by uploading their biometric data and ability level to appropriately place into competitive race classes. We trust people will be honest about their information.”
“Current physical reality riders will be able to participate in the new MEMBAVerse as well”, Lampen added. All MEMBA members (MEMBAs) as of April 3, 2022 will become permanently enshrined as founding MEMBAs of the MEMBAVerse giving them perpetual recognition for helping to fund the fun for generations to come.
Happy April. Fool. But seriously…we’d love it if you became a physical MEMBA by April 3…