We are pleased to announce our next AMA on September 9th 2021 at 03:00 PM UTC Time: Satoshi Club x GameFi
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join GameFi Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. GameFi Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about GameFi
For more details:
GameFi Website – gamefi.ai
GameFi Telegram – @GamefiProtocol
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Gamefi- I understand your NFT is coming Soon in which case, is non-existent at the moment. Could you please tell us enthusiasts when your NFT would be out and available on the blockchain?
In one of your services, the “GMiner”, users are allowed to deposit their $GFI, $FORTH, $ETH and $USDT in order to earn more $GFI tokens. I am surprised with the inclusion of Ampleforth’s governance token, $FORTH, on your yield farming pool. Do you have a special connection and partnership with the Ampleforth team that’s why you allow their token to be used on your GMiner? Also, other than the mentioned tokens above, will you add more tokens and pools to be included on the list? If so, what token do you have in place?
While reading your documents, I stumbled upon something interesting on GameFi’s “Game Guild” section. It says that GameFi has a program called “The GameFi Game Association”, which is an association of “traders” in GameFi Protocol that shows professionalism and focus to obtain a return of investment (ROI), that is much higher than the market average. May I know, will there a recruitment for this association? How would you determine who are eligible to be in that association? Do they need to be a “whale” of your tokens? Also, what could be the perks and benefits of becoming a member of GameFi’s Game Association?
Gamefi Explorers are the so-called “Investment and Research Team” within the GameFi Protocol ecosystem. They provide research for high-quality and promising Play-2-Earn project that are built under the Eth, BSC and HECO networks. The best part about this group is that, anyone can be part of it. Anyone can send their suggested project to be featured on GameFi Protocol. Each selected project will compensate that sender with a whooping 1000 up to 10,000 USD reward. It would be a shame if I won’t participate. So can you tell me how to join this program? Where can I send my suggestions of prospect projects? Also, what will be your criteria for determining the winning project to be featured on GameFi Protocol?
GameFi Protocol (GFI) is the first GameFi mining pool protocol, aiming to build the first global Gamefi aggregation platform..
I found that,CORE INCOME MODEL of GameFi protocol is differ than the other models..
We are familiar with Hold to earn ,Play to earn mechanisms..But GameFi protocol introduces Everyone to Earn( E2E) model ..
I am so eager to know more about this method ..When we use other gaming platforms we have to play or hold their tokens to earn .
So,with GameFi protocol what should user do to earn ?Could you tell us more informations ?
How will this E2E model work and How will this affect to GameFi protocol ?
why do you introduce this Everyone to Earn model ?What are the problems you identified in the above prevailing models ?
Thank you
Although your platform has been audited by CertiK, only 40% from the total findings has been resolved. Not only minor and info findings, but also a major finding regarding the centralization is yet to be resolved. Due to this issue, any compromise to the Minter account may allow the hacker to withdraw any amount of the $GFI to any specified address. It indicated that our funds are not safe with GameFi. When do you solve this issue? What have you done so far regarding the matter?
You have indicated that a referral link can be generated by connecting a wallet. It caught my attention that you have not mentioned about holding tokens to receive referral rewards. Can we earn just by referrals? Without purchasing any tokens, can we withdraw rewards from the referral account?
When I try to connect my wallet to GameFi, every time I get an error message stating that “provider error – no provider was found”. It cannot be a problem with the wallet type because I tried with Metamask, Trust Wallet and Math Wallet. What type of error is this? How can I solve this problem and connect my wallet? In addition to the “connect wallet” option on your website, are there any alternative ways that I can try?
Gamefi has a rich experience in game development and project operation, with strong execution. As a Gamfei aggregation platform, you will authorize many high-quality games to launch(IGO) on the platform. Is Gamefi focusing on only reward based games? Do you have plans on partnering with other several listed game companies? How is Gamefi handling the competition with similar gamified mining pool project like Mobox?
The GFP supports GFI holders to form GFP-DAO spontaneously in order to carry out the community governance of the GameFi Protocol. I read that GFP-DAO implements a democratic system of 1 vote / 1 GFI. Will this equivalent remain the same or is it subject to change in the future? This system benefits large investors and whales. How do you incentivize users with a smaller amount of GFI tokens? Will this not result in this system being governed primarily by whales?
Hello GameFi Protocol team! You mentioned that from March 2021 to June 2021, GameFi ushered in an explosive period. I read that during this period the number of daily active wallets for blockchain games increased from 51,000 to 375,000, an increase of more than 600%, and the number is still expanding. This is really interesting. According to your own perspective, to what reasons do you consider that this rapid increase was due? What events do you think contributed to this rapid expansion? Thank you!
There is a confusing resemblance between your project and another GameFi project that came here for AMA on August 25th. Why do you model your project to have too much appearance with another existing project? Don’t you think the choice of name, Initial Gaming Offering (IGO)concept and other similar characteristics with another project can be misleading to investors or do you have connections with this project? Can you provide the unique overview of your project concepts and the striking differences between it and other related project? What play to earn approach will you use and how will you be able to bring games with high playability to users?
One of your product is GSwap and it has 4 functions which are trading, staking, farming and launchpools. I saw that for your pool, you will have manual pool and automatic pool. What are the differences between these two pools in terms of their mode of operation, reward APY, transaction cost and staking/unstaking method? Why do you describe your launchpool as High Risk, High Yield pool and what risks are associated with this pool? What are the asset requirements to join your launchpool and how are $GFI incentive distributed to participants?
I read that Gminer, one of the products developed by GameFi can help most ordinary player users who lack professionalism and limited time. My question is, in what way have you simplified the process for users who are not much related to this kind of platforms or DeFi models? Will the performance generated be the same for both professionals and non-professionals? To what extent is your interface intuitive so that it is easy to use for all types of users?
One of the models that caught my attention about GamFi is the different referral programs they have. From what I could see, there are two, GSwap Agriculture Referral System and GMiner Referral System. Can you explain in detail what are the differences between the two systems and how the referring users will benefit from them? Besides the rewards that referrers get from their referrals, for these referrals, is there any long term benefit?
You have referral system that will offer 5% reward when a user bring in new users to try GSwap Gaming and 10% when a user bring in new users to try out Gminer. Why are you offering as reward to target these two products and what is unique about them? Are these reward a one-time gift or does it have a duration and day range when it should be claimed? How Many invitee should a user invite in order to start benefiting from the referral packages and how can users locate their referral link?
It is stated that the GFP (GameFi Protocol) can help most ordinary player users who lack professionalism and limited time, as well as users who are interested in GameFi, through GMiner to efficiently configure users’ digital assets into different GameFi, and cooperate with professional players to obtain maximum benefits… So how does the Gminer work, how can Non-professionals use the Gminer to configure their digital assets, and corporate with Professional players, and how can they maximize their benefits and rewards using the Gminer and Cooperation with Professional Players…..
Gamefi has what it calls a “Developer Alliance” where developers who participate in the GFP ecosystem- GameFi explorers, GameFi professional players, code contributors, bug diggers, etc. are rewarded. So how do developers join GameFI’s Developer alliance, what kinds of activities do members of the Developer alliance carry out in gameFi, and how are members of this developer alliance rewarded?
The GFP (GameFi Protocol) is said to create a Lottery/Grab bag around the ecology of GameFi, to give users of the platform more fun. GFI which is said to be the driving force behind the GameFi Pool ecosystem, can be used to buy grab bags in the grab bag lottery pool, and get bonuses after winning… SO how does the Grab bag lottery pool in GameFi Work, how can users participate in the Grab bag lottery pools and what rewards does GamFi give to participants of the Grab bag lottery pool..
I believe that the Gamefi Protocol, as the gateway to the Metaverse, is an important carrier for the social future, entertainment and even human work, and a new digital world in which everyone will participate. they will become a Metaverse aggregate platform and a trading platform that everyone can play and win on. will they begin to build the Gamefi Protocol and Platform, so that everyone who lacks time and professional skills can play and win? What tools will you offer to the amateur user for a better interaction within me GameFi?
GameFi Protocol (GFP) is GameFi’s first mining pool protocol. Its aim is to build a GameFi aggregation platform to provide users with a low threshold way to invest in GameFi. In addition to the basic services of the gaming guilds, will GFP also have a variety of innovative revenue models? What will they include? provide users with a host of value capture methods?
Mobox is a similar competitor to Gamefi, but it is also very different. As Gamfei’s aggregation platform, will you authorize the launch of many high quality games (IGO) on the platform? So the games released (IGO) on your platform are not only reward-based games, but also games with high playability? They have received strong support from several publicly traded gaming companies. jointly launch the popular gamefi? Investment institutions and industrial capital provide sufficient funds for project development.
It was stated that GameFi Farms offer multiple farming opportunities to users and they can get double rewards by staking LP tokens in return for additional GFI tokens and earning high income from swap transactions. Going through the dApp, I found that only one farm is available in the whole Gswap which is GFI-WETH with 10x multiplier, if only one will be provided, do you think more investors will be interested in your project or you have it in plan to add more farming tools? Also, Most new projects on BSC network easily get dumped and it is very difficult to identify them in the top market list, I want to know how you want to stand out among them? If there is chance of integrating more blockchain, which one will you prefer and do you have plan for creating your ecosystem in the future?
In the GFI tokenomics of 228,705,882 GFI maximum supply, you allocated 23% of max supply to GSwap and 45% to GMiner, if this project get fast adoptions and users were able to get free GFI token rewards in Gswap within few years through staking, farming and trading, What will happen next if all the allocated GFI token in Gswap has been distributed to users as a reward? Will that put an end to swaping, farming and trading in your platform? You also allocated 10% to Strategic investment institutions to represent strong validation of your startup project, As at now, How many institutions have you gotten for this investment? What will determine distribution of this allocation for the institutions?
GameFi Farms offer multiple farming opportunities to users and I can see that your goal is to make farming fun and profitable.My question is,Is it possible for users to farm $GFI and $Forth token for a higher APY rewards?In your Farm,What is the maximum period a user needs to locked their tokens?Apart from high APY,what most players like about GameFi is NFTs which is not to be ignoref.When do you plan to have your own NFTs and what kind of NFT games will be available on your platform?
Recently, you announced your first airdrop worth of $2000 in GFI token to be distributed to the eligible participants using your telegram Bot to participate. How many winners will be selected and How will you consider the winners, are you going to make use of first come first serve or winners will be selected randomly? If 1% of maximum supply is allocated for Airdrop (2,287,058) and just 2000 GFI will be given out for the first airdrop, How often will airdrop be occurring in your project before reaching the maximum allocation?
The GFP protocol supports GFI holders to form GFP-DAO spontaneously to conduct community governance of GameFi Pool.My question is,what is the minimum/maximum amount a user needs to hold to participate in a GFP-DAO?Will governance be open to all or those those who hold higher amount of $GFI?Will there be any users incentives to those who participated in the voting,and will each one receive same rewards or rewards will be distributed differently depending on the amount each users hold?
GameFi my question is how to start from scratch, I don’t have GFI tokens, where can I buy them and what would be the benefit and use that I can give the token, what is the function of the token within GameFi? I would like to know about its creators, how to know how to use the token well and the best recommendations and strategies to be part of your project and participate in the GameFi community and everything that represents the usefulness of the token in your project.
In the world of Weapon master, there are many types of weapons hidden: common, excellent, rare and Sacred weapon. What are the differences on each weapon regarding its value and functionality in the game? And how can these weapons be obtained, only by buying them, or can be given in the game by luck?
GameFi with NFT gaming is the new boom in crypto, and most users are looking for games with Play to Earn functions as a new way to earn money and amplify their incomes. What is the attractive of Weapon master about the money that can be earned by playing? How is the income generated, only by selling NFTs, or the game itself gives tokens while playing?
How to be part of GameFi Protocol, without having the necessary level or not being a professional, who has little time, but I am interested in GameFi, what opportunity do I have to participate in Gminer and achieve the best benefits, but how does Gminer work within of the platform, what is its mission and function, tell us more details about the functions of Gminer and what it represents in GameFi Protocol, I would like more details from the team since there is little information that is found.
Hello friends of GameFi, looking a little on your page I see that many things are coming soon, but there is data on what are the list of games and what is related to the NFT within GameFi, do you have details for us that we cannot find on the page? but we want to know, as they say soon but they can give us more details of what we can not find on the page, to get up to date and better understand GameFi.
I read that GameFi protocol is running an airdrop right now. $ 2000 in $ GFI will be distributed to the eligible participants. Can you tell us more about it? What are the steps to follow to be eligible for this airdrop? How many winners will there be? Until when do we have a chance to participate? Will all participants get the airdrop or are there limited seats? If there are limited places, will the winners be randomly selected? Is this airdrop aimed only at the Telegram community? Have you considered organizing an airdrop for the Discord and Twitter community as well?
I saw that you compared GFI model with other models like YFI Model & YGG model. GFI model built on BSC while YFI & YGG model built on Ethereum. How are GameFi income models different from YFI & YGG models? Will you give a higher dividends than YFI & YGG models? What kind of Unique features, does GameFi own that YFI & YGG don’t have yet?
You have audited GameFi smart contract with CERTIK platform. But the audit report said, only 40% are resolved of total findings. Why is that? And also it state about a major finding which is called Centralization/Privilege. What is this stands for, Is GameFi still operated as a Centralized platform? When will you resolve these issues mentioned in your CERTIK audit report? And also 10% of votings refer that the GameFi platform is insecure. Do you have anything to say about this voting action?
A look at the GameFi tokenomics shows that you have allocated 5% of total supply to ecological incentives and 1% of that to airdrop. These provisions are usually meant to improve community interest and loyalty. Therefore, can you explain some of the ecological activities and corresponding incentives available on your project, how do users benefit from them, and talking airdrops why is this activity necessary and how often would this be organised? Also, with a 9% token allocation for R&D and operations, what areas of research, design and project expansion is GameFi currently focused on?
As stated, the GameFi token GFI utilises a deflationary mechanism of Repurchase and Burning. Can you carefully explain this, how is this process efficiently done, since GameFi has a repurchase fund pool, what activities or fees make up this pool, what percentage of this pool is used for the repurchase activity of these GFI tokens, and how often will GameFi carry out these token burn operations?
GameFi offers IGO (Initial Game Offering) event. Can you tell me what is this IGO event stands for? Is it like a Game list that GameFi provides to players? What kind of games, will you add to the IGO event in future? Can anyone use IGO event to launch their own games through GameFi? How will Game developers & players aquire benefits through this IGO event? And I heard, you incur a IGO fee from the users. What is the purpose of this fee? Who will Consume this fee?
You planned and aim to build the first global Gamefi aggregation platform with four main products developed based on the GFP ( Developer Alliance; Gamelist; Gminer; Gswap). Talking about the Gminer, in what areas can Gminer helps ordinary player users who lack professionalism and limited time? If Gswap can help users to exchage their digital asset to GFI token, why is it necessary to make use of Gminer to configure users’ digital assets into different GameFi? I found nothing on Gamelist which is also part of GFP products, what are the things should we be expecting from this product? If truly developers can participate in the GFP ecosystem-GameFi explorers, GameFi professional players, code contributors and bug diggers, what will serve as bonus or reward for them?
Going through your website, I saw that total supply for GFI is 0 and maximum supply is 228,705,882 GFI. If total supply is the current amount of your tokens that has already been mined or created though there is no information that GFI tokens are locked up in escrow and maximum supply is the maximum number of GFI tokens that will be ever created, I want to ask since it was not stated that there will be more supply of your token and max supply has already been stated, can you explain to us why you have 0 GFI for your total supply? Does that mean no GFI token had been created till now? Finally, What will be the core rule to guarantee the long-term development of this project?
There are many factors that influence the evolution or dissolution of projects, fortunately GameFi has benefited from its entire environment, relationships and first of all due to its well-developed DeFi structure and culture, as has the CoinEx Effect in the boost that GameFi has had on you. , what are the measures measures that have freed users from their biggest worries and difficulties in operations, so that they can focus on building the ecosystem and explore the depths of the DeFi realm, what do you think is the reason why now Centralized cryptocurrency exchanges do not want to miss out on the opportunity to join NFT caves in any way, why are they all publishing their “NFT planning”?
Does GameFi have a strategy so that the most promising projects are not already absorbed from the beginning by large investors, leaving small investors with very little profit margin but with greater risks of impermanent loss, GameFi can be considered as a bridge between cryptography and retail investors?
Do you consider that Covid-19 has influenced the increase in demand for technological games? Recently the asset price of the NFT gaming sector has skyrocketed, what do you think is the reason for the increase and why is it specifically leaning towards the NFT gaming and collectibles sector, how GameFi has redefined the DeFi rules to way of games, what makes GameFi projects more interactive and entertaining?
Anyone can become a member of the GameFi Explorer in which we can suggest a GameFi project for the GameFi Pool.So,how can be a GameFi Explorer in your platform? What is the job description of a GameFi Explorer? What are the requirements and qualifications? What skills or experience needs to become a member of GameFi Explorer? Can you tell us an example of GameFi projects that we can propose in your platform?What kind of project are you considering? What are the benefits and incentives for being a GameFi Explorer in your platform? Thank you
GameFi NFTs have not been integrated in to your ecosystem yet. When will you bring NFTs with massive utilities to the GameFi community? Will your upcoming NFTs be based on games or celebrities? Do they have real world benifits? Can users trade GameFi NFTs on any NFT marketplace or Will you make a own yours NFT marketplace? Do you provide a P2P NFT trading system within GameFi ecosystem? NFTs are getting warm in crypto market day by day since it enhances the area of digital & physical assets. So do you hope to give some NFTs or assets in the form of physical assets if the community want?
I found out that Gminer and NFT is coming soon in GamFi Network,so can you share an overview about the Gminer that you are going to launch? How does Gminer works? What are the pros and cons of Gminer? As we know NFT is so popular in the market,so what special characteristics or entity that GameFi NFT will bring to the market? What kind of NFT will you be focusing on? As NFT is popular,so what kind of marketing strategy you will deploy to attract some investors or collectors of your NFT? Do you plan to collaborate with some established NFT marketplace to help you market you NFT items? Thank you
Lots of gaming platform use Play to Earn (P2E) mode but GameFi use Everyone to Earn (E2E) Concept. So What is this E2E Cocept? How will it implement in GameFi ecosystem? How Do players & Game developers get benefits by this Concept? Is it kind of a Staking or Holding reward system? Why did you focus on E2E while most platforms interact with P2E mode?
Can you describe how a scholarship can change this perspective? Nowadays, to play games or make money with them, you need to invest a certain amount of money, so may you explain how a scholarship can change this perspective
What does the scholarship include, given that platforms like Gamefi use play2earn methods to broaden their reach in the community and also offer a scholarship to encourage adoption?
What are the qualifications for becoming an academic, as well as the advantages?
GameFi intends to increase their community by an unique referral program. Can you give a brief introduction about your referral program? I noticed, GameFi referral program implement on two ways in GSwap & GMiner features. What is the return rate per invitee on both features? How much should a invitee invest in order to recieve referral rewards from both features? Is there any kind of limitation for referral system like minimum no. of referral to withdraw rewards? What are the rules & conditions, you promulgate in referral program?
I glanced through your plaform to check farming with the highest APY but could only find just one farming GFI-WETH and you plan to offer multiple farming opportunities to users where they can get double rewards by staking LP tokens, How do you want to make this provision with one farming? What are other farming tools to be added to convince investors for better investment? How many other cryptocurrencies can we earn by staking GFI? With alot of swaping plaform, how will you make a better yield farming for users?
You place deflation Mechanisms on GFI token by making deflation through repurchase and burning where GMiner fund’s participation in the income of Game/DeFi projects will be 10%, GSWAP Tx fees 30%, Lottery/Grab bag revenue 80% and Game List（IGO）income 80%. If burning of 80% of the repurchase fund pool occur and 20% is used to purchase Forth and permanently lock the position for the first time and after some years the process will be repeated where 20% will be locked all the time, don’t you think this will typically weakening the value of GFI token? Is there no tendency that the value of GFI will fall in price which will lead to lower users investing? What actually do you want to achieve from this process of your deflation?