We are pleased to announce our next AMA on November 19th 2021 at 05:00 PM UTC Time: Satoshi Club x Wam
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Wam Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Wam Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Wam
For more details:
Wam Website – wam.app
Wam Telegram – @wamapp
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
WAM.app (Executive Summary)- It caught my attention the fact is a play-to-earn social gaming platform wherein users can complete in skill-based tournaments on simple and highly engaging and entertaining hyper-casual games, to win crypto rewards, having in November 2020 by Digitap raised a traditional pre-seed round of $350k for WAM.app at a $30M pre- money valuation and launched in February 2021 as public beta WAM reached more than 2.5M players less than 2 months with 10k players tournaments wherein the more a player wins the more their in-platform rank grows, just like normal real-life leaderboards in competitive sports and once a player advances their rank they can participate in more rewarding tournaments with higher entrance fees & reward pools. My question now is what is the amount of entrance fees to be paid by players to participate in the WAM.app tournaments? Is it payable by WAMCoins only? Does WAM.app has a downloadable version of it’s app for Android device mobile phones?
On the feature of WAM.app called creator tool, users can create their own private tournament where they can invite friends or their communities and creators will be able to create custom NFTs which will be distributed as rewards for the participants of their tournaments . What are the requirements for a player to be eligible to host tournaments? Are reward pool in private tournaments decided by tournament host? As a tournament Host, are there special reward and incentives i get for hosting tournaments? And lastly can you briefly elaborate on requirement to create custom NFTs and how they can be created?
WAM.app Has a special type of tournaments called the NFT tournaments and for a player to be eligible to participate in these NFT tournaments, the player has to own a special NFT pass. How can a user acquire these NFT pass? What are other usecases of these NFT pass? Will player require entrance fees together with the NFT pass to participate in these special NFT tournaments? If no, then how are the reward pools for NFT tournaments decided?
WAM platform offers most of the tokens(45.8%) back to the community in Rewards pool and These tokens will be released gradually each month for a period of 10 years through a mining system based on each person’s contribution to the platform. Can you elaborate on some activities that can increase a user contribution on the platform apart from playing games? what are the main purpose and aims of these reward pool to your ecosystem?
On WAM.app players can:
participate in tournaments to win rewards in WAM Coins, create their own games with AI assisted technology using their phones, trade NFTs won in specific tournaments on the marketplace, build their player profile by winning tournaments, grow an audience of fans to engage with them through custom tournaments. Is there a stage a user needs to reach for he/she to create their own games? Does this creation comes with a free? If yes, how much? Do you accept other coins or tokens apart from WAM coins?
One can continue from a certain score (up to 3 times) by either paying a small fee in WAM Coins. Once the 3 tries are over, the game is automatically reset to 0 so everyone has the same opportunity to win, independently of a user’s funds. In this 3 tries, does the fee vary in each stage of the trials? What happens if a player exhaust his/her trials before the rest, will he or she have to wait for another round or will there be multiple games going on that he/she can join?
In your game players are allowed to create their own games with AI assisted technology using their phones.Now my question is this AI technology that is created to assist players create their games,is it in a form of video recording where directives are being given to players to create their games? Will using this technology attract charges?What kind of games can a player create?At the end of each game creation will the best be picked?or how is it done?
Grow an audience of fans to engage with them through custom tournaments.When a player grows an audience will incentives be given to them? What does it take for a player to grow an audience?
We offer no guarantee or assurance of the operation of the Platform, respectively of the and/or its Services.
That really surprised me,the sole aim of every organizations or platform is to ensure safety for all it’s users and transperency,but this platform offers no guarantee or assurance to its users, why so? Please explain.Do you think this will allow more investors to invest in this platform?Are there any plans to change your terms and conditions in the future ensuring a better and secured platform?
Each player on the WAM platform has its own social profile which is public and can be seen by others. Profiles have stats like general rank, country rank, number of tournaments joined and more. Please explain what does it give to players in terms of the gameplay? Can the users of higher profiles participate in advanced tournaments or get higher rewards for participation? There’s also a system of badges available. Could you share on how the badges are provided to users? Thank you!
WAM’s vision is to have a wide range of hyper-casual games on WAM.app so that everyone can find a game where their skills can shine. In order to achieve this, you plan to release a developer program where third party developer will be able to publish games on WAM.app and earn revenue from the tournaments made on their games. Please explain what are the requirements for developers in terms of type of games thay can publish. Who will validate each game uploaded by external developers? Does the rewarding system work using a native token? Thank you!
According to your roadmap, one of the events scheduled for November 2021 is “Hiring more team members to strengthen our internal resources”. Can you list the various career opportunities that is available at Wam at the moment? About how many more team members are you looking to hire? Can you mention some of the perks and benefits that your team members enjoy? How can interested applicants contact Wam and apply for any available position?
“There are 4 tournament walls: Amateur, Semi-Pro, Pro and Legend – where you can find public tournaments created by WAM.app team”. I know that the higher the tournament wall, the higher the difficulty. Will the entry fee also increase(thereby increasing the reward pool) as the tournament level increases? Will users be able to choose the tournament wall in which they will play or it will depend on some factors? Will private tournaments created by players also be divided into the 4 tournament walls?
In order to enter a public or private tournament of a game, an entrance fee will have to be paid and after each tournament, players will receive rewards from the reward pool according to their rankings. But according to your roadmap, “Migration to the blockchain compatible version where players are able to use and earn WAM Coins” is scheduled for Mid/Late December 2021. Can you mention the payment methods through which players pay the entrance fees and receive rewards at the moment?
Besides from the standard custom tournaments, users can also create a special type of tournament that’s called “NFT Tournaments”. What makes this special is that the only way to participate on this is for users to have their own “NFT Pass”. How do you plan on distributing these NFT Passes? Can it be bought from your NFT marketplace once its up? Also, can it be won through wining some tournaments?
WAM’s ultimate vision is to have a wide variety of hyper-casual games on the platform where everyone can participate and showcase their skills. In order to achieve this, WAM is planning to release a Developer Program for third-party entities that will publish such games on the platform. Have you already established and partnered with some game developers? What are the requirements to be part of your team under this Developers Program? Given that their contribution will add value to your project, will they be compensated and be given shares o the project’s revenue?
In promoting community engagement, WAM allows its users to create custom-made tournaments which the creators are free to set the rules and the corresponding rewards. Aside from the native token $WAM, will it be possible that the rewards given to the winners and participants of the tournaments are in a form of NFTs? Can users mint and create NFTs directly on your platform and use it as the rewards given?
Hello WAM team. While reading the roadmap that you published, I noticed that you have planned for this month of November to hire more team members to strengthen your internal resources. Since we are still in November, my questions are: have you already hired all the members you were looking for? Are there still jobs available or have they all been filled? In case there are still positions available, is there a form where interested users can register and apply? Thank you!
You announced that in order to buy our first WAM Coin we must wait until December, which is when the TGE will happen. Since December is less than a month away, do you already have any idea of the approximate dates when the TGE will take place? Do you already know on which platform it will take place? What will be the initial price at which the WAM Coin will be available? You mentioned that we can play and win XP right now, as our XP will be converted into WAM Coins after the TGE, will this process be automatic? Or should we manually do the conversion?
According to your whitepaper, on your platform the more a player wins the more their in-platform rank grows, could you tell us what implications there are for being in a higher rank? Do you give better rewards for users in the top? Can top players compete each other for prizes? What are the incentives?
You perform torunaments with a reward pool where you add fixed amounts of WAM coins for every player who pays the entrance fee. So this is what gives me more curiosity, how much fee are the platform willing to charge and how are the fees redistributed in prizes? Also, how big can be the total amount of players per tournament, is there a limit?
Within the WAM platform, I read that in order to play a game we’ll have to enter a public or private tournament of that game. How often are these tournaments held? When is the cost of the fees to enter the tournaments? Are the rewards to the tournament winners distributed in WAM Coins? How is the reward pool for each tournament determined? Will it be the same amount of rewards in each tournament or will it vary based on different parameters? To participate in these tournaments, do we have to play in a group or will we play individually against another player?
I read that The platform will have a discovery section, where you can find private tournaments created by other players, in addition to tournaments developed by the WAN team. My question is, For private tournaments, the tournament creator sets the entry fee and other settings (such as duration)? What are the main differences between those tournaments created by WAN and those created by other players? Why have you decided to implement this dual model?
WAM’s mission is simple: to increase crypto adoption through fun, competitive and easy-to-play games regardless of device without the need to know how the technology works. But why have they chosen these game-based protocols to increase adoption of their model? For those who have interests other than blockchain gaming, WAN plans to diversify in this regard to bring all types of users together on their platform regardless of their tastes?
At the heart of HODL Valley’s community governance is a democratic process implemented via a decentralized autonomous organization (DAO). HOLD Valley has a governance model that is open-source, transparent, and decentralized, and that attracts many users as they feel an active part of the project. What are the requirements for users to be able to submit proposals via the governance portal to improve or introduce new protocols and rules in HODL Valley? How often are these proposals reviewed? What kinds of proposals are immediately declined by the team behind HODL Valley?
I read that you decided to offer most of the tokens (44.6%) to the WAM community, in the reward pool. It is a high percentage, so, how will those tokens be released to avoid inflation? You mentioned that they will be distributed based on each person’s contribution to the platform. Are there some contributions that you value more than others? What are the ideas of the contributions that offer the most reward to users? How often will these reward tokens be distributed?
Hello WAM team. According to what I have read, On WAM app, the more a player wins the more their in-platform rank grows. What benefits does it bring to the user that his rank grows within the platform? What exclusive advantages will that user have compared to players who have a lower rank than his? Will there be premium tournaments where only users with the highest rank can access, or something similar? Will they get more reward for winning a game for having a high rank? Thank you!
I read that an entrance fee is required to play the game and enter the reward pool. Would tell us more about this? What is the entrance fee and how do we pay it? Is it impossible to play the game without it? Also, how are the rewards given? Can I pay the fee, and get rewards even without playing?
What is the genre of the games on WAM.app? I couldn’t quite understand after reading through some of your docs. Are there many mini-games we can play, or is there only one big native game? After downloading your app, are we granted access to all the features of your platform? Or do we need to hold your token, or pay fees?
You classify your games as “hyper-casual” games as game genre for the platform, could you tell us what has lead you to be successful by offering these simple-to-play games? Is there any example of what users can achieve with or without skills? Also, can you tell us what other economic activities can be done that do not require to be a player? Like farming or staking?
There are 4 tournament walls: Amateur, Semi-Pro, Pro and Legend, where you can find public tournaments created by the WAM.app team”. I know that the higher the tournament wall, the higher the difficulty. Will the entry fee also increase (thus increasing the bounty pool) as the tournament level increases? Will users be able to choose which tournament wall to play on or will it depend on some factors? Will the private tournaments created by players also be divided into the 4 tournament walls?
Could you mention how much would be the investment I would have to make to start playing WAM, according to the tournament walls what would be the profit margin in the long or short term, could you show some existing characters, would it be prepared for the entry of new users and not collapse as it has happened in other platforms, would it be prepared for the entry of new users and not collapse as it has happened in other platforms?
WAM.app has stated that going forward, it will consider releasing a Developer Program where third party developers will be allowed to publish their games on WAM.app and earn from tournaments made on their games. Even as this lofty idea presents WAM.app with a number of seasoned game programmers & developers, can you make us understand what sort of high range Hyper-casual games will WAM.app look to incorporate through its Developers Program, and what would be the most basic entry requirement to your program from a developers view point? Finally, as primary focus is largely hinged on Hyper-casual games, would WAM.app consider exploring other immersive gaming genres in the future?
I understand that WAM.app is a subsidiary of the Digitap World SRL and part of the products of Digitap Brand. With Digitap been a registered entity domiciled in Cluj under Romanian and EU laws, can you talk a little bit more on Digitap, what are its primary line of businesses and what necessitated the development and operation of WAM.app project, and asides WAM what other projects does Digitap oversee? With a staedy increase in the play-time for the Hyper-casual games available on the WAM.app platform, how will Digitap look to expand and leverage on available jurusdictional laws, in an effort to promote an overall general appeal and affinity towards the WAM.app platform?
You have about 23 games on your platform and I notice that before a player will join a tournament he/she will pay an entry fee.There are different stages of tournaments with different prices,so in each stage what are the time duration like?After creating my own tournament,how can I connect with other players or will I be competing with bots?What will be the reward pool of these tournaments, and how will players earn there reward?Will you in the future add more games that will appeal to different players? Thanks
WAM.APP is a crypto gaming platform where anyone can play games competitively with friends to earn WAM token rewards. My question is What infrastructure have you developed around this play games? Do you have a central organization that invests in, advocates for, and mobilizes play-to-earners? Will play-to-earners develop a union, organized as a DAO, to lobby for more player-friendly revenue splits? Do you have a program whereby play-to-earners get access to basic benefits such as health insurance? Many games today dont have high entertainment value and strong community buy-in,What plans do you have for long-term sustainability? Thanks
You will implement a Game creation engine with Artificial Intelligence.So how will the use of Artificial Intelligence make a difference in WAM gaming platform?What benefits will you derive with the aid of an Artificial Intelligence?How will the Artificial Intelligence enable users to create their own hyper-casual games?And after creating their very own games will users be able to use the games they created in tournaments? Thanks
WAM project intends to launch a NFT marketplace in Q1, 2022 according to the Product roadmap. I want to know more about this NFT market that you are going to launch? Will this NFT marketplace be open for anyone to mint their NFTs at reasonable price? How will you give a better user explanation through your NFT marketplace? Will there be gaming characters & Avatars in the marketplace? How much will be the minimum price of a one NFT there?
A ranking system has been deployed in to WAM app for making a competitive sports for both parties those who played. Could you please elaborate more informations about this ranking system? Is it like a tier system in relevant to winning times of players? What are the main opportunities, players can obtain by reaching a higher rank?
According to my researchings, the public beta of WAM project have reached 2.5 million players including with 10k players tournaments in February 2021. After this beta version, did you create the main app for WAM project? How many players have downloaded the app currently & engaged as players? Will you try more marketings & developments in the game App to gain more attention from the players those who involve in P2E world?
After going through your whitepaper, I came to know that there are 4 types of tournaments in your game namely Amateur, Semi pro, pro and legend. Can give us a detailed information regarding it? At the initial time, can any individual experience the Legendary tournament? Or, All players should complete any certain levels or have any certain ranks to play the hard tournaments? How the rewarding mechanisms vary from each type of tournaments? Is it mandatory to hold $WAM tokens to play all type of games? Lastly, Can you give us few information regarding the entry fee which is required to play each game? Thank you!
WAM consists plenty of games for the hyper casual gamers. But, does the games of WAM ecosystem is invested and origined from its developers? Or, WAM will also turn the centralized games into their ecosystem to reward its users? How many games are currently available in your game? And, what type of games will you apply for tournaments? Is there any special games for tournaments? Thank you!
what’s the mechanism of security you will made that make your game really safe?
what is the reward if someone become a winner in NFT Tournament Wam.app?
how much token you’ll burn? is it by automatically or by manually?
One of the conditions for participating in the GIVEAWAY with a prize pool of $ 1,000,000 WAM was to download your WAM app. I noticed that not all games in the application are open for me at the moment, only the Amateurs level is available. How can I access Semi Pros, Pros and Legends? And how do the games differ in functionality and capabilities from each other at different levels?
You recently announced a strategic partnership with Legion Ventures VC. Please tell us a little about this alliance, what joint plans with Legion Ventures VC have already been implemented, and what are planned for the near future? What other large and important partners and investors for WAM can you provide us with?
In early December, Wam platform is up to do launchpad token sales & token generation event (TGE). Can you tell more details on both events? On which Launchpad will you list $WAM tokens? How many amount of $WAM tokens will you generate in TGE? How much will your target amount be from token sales? Will this TGE be the last one or Will you conduct another one in future?
Through the seed sale, Private sales & Launchpad sales You hope to fundraise for the growth of Wam Platform. Can you tell me about the Seed sale & Private sale? How much did you fundraise through both events? How about the fundraisings allocation? Will you use them for marketing purposes? You have not held the Launchpad sale yet. When will you conduct the Launchpad sales? Please share with us more informations about your Launchpad sales?
You have mentioned that anyone can play games and earn $WAM rewards on your platform. Although this Play-to-Earn model is common to plenty of gaming platforms, each platform has introduced their own method of calculating and destributing rewards. How does WAM allocate gaming rewards? Do you consider the individual performance of players and calculate the rewards or will the rewards be equally distributed among winners/participants? Please deeply explain about the Play-to-Earn model you are using on WAM.
WAM platform is backed by Legion Ventures which is established in Romania. So how is it going now with Legion Ventures? Tell us how about the fundraisings in Wam platform’s early stages from Legion Ventures? In which way do they guide you to do the journey with confidence, Do they consult the Wam Platform? At the end what kind of privileges do they expect from Wam platform as a gratitude?
From the total supply of $WAM, you have allocated 4.3% for seed sales, 7.5% for private sales and 2.4 for launchpad sale. There is no allocation for a public sale. Is any of the above sales open for the public? Please explain who can participate in each sale. Moreover, you have used plural forms for the first two sales as seed sales and private sales. Does it mean that there will be several rounds of the seed sale and the private sale?
Your community members will be able to enjoy more features on WAM at the beginning of the next year. I noticed that you are going to launch tournaments, infrastructure upgrades and a NFT marketplace. Can you roughly explain about each feature? What type of tournaments are you going to hold and how do they differ from tournaments on similar platforms? What are the infrastructure upgrades you are going to introduce? What kind of items will be available on your NFT marketplace?
It is a great pleasure to see that there is a reward pool of 44.6% from the token supply. How do you split these funds among the community members? What kind of events will be organized for community members? Further, please explain how these funds will be released. Since this is a considerable allocation, I suppose there will be a vesting schedule. What is the actual reason for allocating nearly 50% from your tokens for the community? What does WAM expect from that?
I noticed that you were nominated as a finalist at this year’s Mobile Games Awards. Can you explain to the community about this award? What are the facts they considered when choosing you? Who were your competitors? From 2020, the whole world is struggling with COVID-19 pandemic. How did you manage to achieve this success despite the prevailing situation?
You have allocated 5% of the total supply as “Company reserve”. Can you deeply explain the utilities of this allocation? I am asking this question because I noticed that these funds will be gradually released from the sixth month. If they are added to the circulation supply without a proper plan, there may be an impact on the token value. Who is in-charge of this reserve? What are the plans on utilising these funds after the release?
Nice games to earn crypto