Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from SolChicks and our guest was @eskyperry – representative of SolChicks. The AMA took place on the 28th of November.
The total reward pool was 500$ and has been split into 3 parts.
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Website
Luis Merino 🇪🇸 |
Satoshi Club:
Hello everyone and welcome to another AMA session with Satoshi Club. Our guest
is @eskyPerry: representing
SolChicks
Welcome, Perry 🙂
Jonah 🏅🎹 | Satoshi Club: Hello, @eskyperry welcome to Satoshi club 👏
Perry:
Hi! Thanks for having me. 🙂
Jonah 🏅🎹 |
Satoshi Club:
It’s our pleasure having you here.. 😊
How are you doing today?
Perry: I’m doing great thanks! I trust you’re doing well too. 🙂
Perry:
Super excited! 🙂 We better get started soon. I feel bad for
disrupting everyone’s convos because the channel was paused haha.
Luis Merino 🇪🇸 | Satoshi Club: We are looking forward to the AMA 😄👍
SatoshiClubbers are used to that already 😂😉
Perry:
LOL sorry guys
Jonah 🏅🎹 | Satoshi Club: Yes they are.. and they are excited as well for this AMA
Perry: Will make sure it’s worth your time.
Luis Merino 🇪🇸 | Satoshi Club: So, Perry: to start up with, can you please make us a short intro about SolChicks? Also, tell us a few words about yourself 🙂
Perry:
Sure!
My name is Perry. I am Head of Partnerships at SolChicks.
SolChicks launched 10 weeks ago and have grown from a team of 10 to 70 with various experiences in marketing, strategy, community building, etc.
We are all avid gaming and blockchain enthusiasts. Our ultimate goal is to create a game that is both fun, engaging, AND lucrative.
We are doing this by designing a game that incorporates traditional gaming features inspired by timeless classics like Diablo, League of Legends, and Dota and integrating complex play-to-earn mechanics!
SolChicks is a real-time combat play-to-earn fantasy game built on the Solana blockchain.
Raids, tournaments, PvP, PvE, quests, and more! 🙂
Jonah 🏅🎹 | Satoshi Club: That’s an impressive growth within 10 weeks
Luis Merino 🇪🇸 | Satoshi Club: Willing to hire more people? 🧐 Maybe SatoshiClubbers are interested in that too
Yeah! In 10 weeks, we have grown our community to 500k+ members and our team is STILL expanding over the next few weeks as we approach our launch.
Luis Merino 🇪🇸 | Satoshi Club: I am also a blockchain and gaming enthusiast, I think we are going to be great friends 😄
Perry:
YASSS
Luis Merino 🇪🇸 | Satoshi Club: 👏👏
Perry: Blockchain is great – we’re honoring the philosophy of gaming which should be FUN and engaging but also incorporating play-to-earn mechanics to make the game lucrative for players.
Luis Merino 🇪🇸 |
Satoshi Club:
Thank you for the great intro, Perry 🙂
Perry:
Yw 🙂
Luis Merino 🇪🇸 |
Satoshi Club:
SolChicks is undoubtedly a huge project 👀👏
Perry:
Yes! We’re one of the first movers in this game-fi space on Solana. We’re
riding the wave to the moon.
Jonah 🏅🎹 | Satoshi Club: This is super exciting..
Perry:
Our social media (500k+) – https://linktr.ee/SolChicksNFT
Luis Merino 🇪🇸 | Satoshi Club: Thanks for sharing
Ready to start with community questions?
We have many great questions. I’m sure you’ll like them all 🙂
Perry: Yes! LET’S GO.
Jonah 🏅🎹 |
Satoshi Club:
🚀🚀
Q1 from Telegram User @cheriemike
For players to play your game, they need to have a Solana wallet such as Fanthom or SorFlare with at least 1 SolChick NFT and connect to the game client and players will need to select their SolChick NFT as their avatar or pay 1 SOL to create a non-NFT version with no attribute and start a “saved states”.So is it really compulsory that users must have an SOL wallet to connect to the game client before they play the game? Is there no alternative? Will you use only the Solana platform and not integrate it into other blockchains in the future? What is the cost of having attributes in your game since 1 SOL of creating a non-NFT version of SolChick won’t grant players any attributes? And lastly, Can you tell us what you mean by “saved states”?Please explain Thanks
Perry:
So far now we’re only on the Solana network. We’re looking at supporting
multi-chain (currently designing weapons/equipment and other items on BSC and
seeing if this can be integrated into our game).
Luis Merino 🇪🇸 | Satoshi Club: Those are amazing news 👀
Perry: So you can only play our game (for now) if you have an SOL wallet AND own a SolChick NFT/rent a SolChick.
You can breed 2 SolChicks to create a new NFT version of a SolChick (shares attributes that parents have similar to real-life breeding).
The cost of having attributes in the game has not been determined. We will have an in-game marketplace where you can trade items. The value of these items depends largely on what people are happy to buy/sell them for.
I’m unsure what you mean by ‘saved states’ without any context. You can email our support if you have any more questions: info@solchicks.io
Hope that answers all your questions. 🙂
Jonah 🏅🎹 | Satoshi Club: Yes, I’m sure it does.
Luis Merino 🇪🇸 | Satoshi Club: Amazing!!
Which are SolChick NFTs usecases? Only for gaming?
Or can we stake and earn passive incomes with them?
Perry:
Great Q.
SolChick NFTs are used to enter into our game but can also be used to unlock passive income pathways!
You can use $CHICKS to breed 2 SolChicks and create a new NFT SolChick. This NFT SolChick can be RENTED out to other players, who can then play the game without an original NFT.
You can rent it out for a flat amount! 🙂 Higher rarity chicks may be slightly more expensive to rent because they offer players some slight buffs in-game.
Furthermore, we’re designing weapons + skins, and other items which can be equipped in-game to boost your stats. Holders of $CHICKS and our SolChick NFTs have a chance to be airdropped some of these items!
Those are the current use-cases for SolChick NFTs.
Luis Merino 🇪🇸 |
Satoshi Club:
Thank you for the explanation 😉
Perry:
All good 🙂
Jonah 🏅🎹 | Satoshi Club: Very interesting use cases..
Luis Merino 🇪🇸 |
Satoshi Club:
Do you want to add something else? Or shall we proceed with the next question?
Perry: Next question, please!
Q2 from Telegram User @chinyere2020
I found out that the supply of SolChicks will be limited to 10,000 and more will not be added in the future. The only way new SolChicks can be added is through the “Breeding” process. Users can breed SolChicks to produce a SolEgg which will hatch to a brand new SolChick NFT. Can you give more details about the Breeding process? What are the requirements that users and their SolChicks must meet to be able to breed and produce a SolEgg? How long does it take for a SolEgg to hatch? What determines the characteristics of a new SolChick NFT gotten from the breeding process?
Luis Merino 🇪🇸 |
Satoshi Club:
Let’s go!
Perry:
So as I said previously – you will need $CHICKS tokens to breed SolChicks to
create a new SolChick.
The requirement is that both parents must be at least level 45. 🙂
It takes 3 days for a SolEgg to hatch. You can read a more in depth guide about our breeding process via our website: solchicks.io
Similar to real-life breeding, the attributes that a SolChick equips is determined by its parents. SolChick is more likely to get traits from their parents.
Luis Merino 🇪🇸 |
Satoshi Club:
Do I need to pay some fees for breeding?
Perry:
However, there are ‘recessive traits’ so SolChicks can sometimes end up with
attributes that their parents may not have.
Yes! The fee is $CHICKS tokens.
Luis Merino 🇪🇸 | Satoshi Club: Please, share $CHICKS tokenomics, so that we can see how the economy will work.
Perry: Sure! 🙂
Jonah 🏅🎹 | Satoshi Club: But can a user decide on what individual traits to pick from both parents for their new SolChick NFT’s?
Perry: This is the game economy:
No, they cannot. It’s randomized. 🙂
Full info on our tokenomics is on our website.
Jonah 🏅🎹 | Satoshi Club: Oh, I get It..
Luis Merino 🇪🇸 | Satoshi Club: Thank you, Perry, 🙂
Perry: That’s the incentive for people to buy rarer chicks (offspring is more likely going to have rare traits).
Rare traits = more advantageous in-game but also can be rented out to players for a higher amount. 🙂
Jonah 🏅🎹 | Satoshi Club: 😎
Luis Merino 🇪🇸 |
Satoshi Club:
Btw, how about CHICKS tokens?
How can I buy or earn some?
Perry: So when you win a game – you win $CHICKS and other valuable battle spoils like items (equipment, weapons, etc).
These can be traded in the in-game marketplace for $CHICKS.
That’s the main way to earn $CHICKS right now. 🙂
We have various game modes: co-op, raids, tournaments, PvP (1v1,3v3,5v5), brawl, quests, and more! There are so many ways to win.
Luis Merino 🇪🇸 |
Satoshi Club:
And are they tradeable? Where?
Gamers won’t get bored 😂🚀
Perry:
They are tradeable in the in-game marketplace for now. Possibly in secondary
markets too but this is still being revised.
Haha yeah! We wanted to launch a blockchain game that was not only fun for casual players, but lucrative for grinders who want to earn an income.
Our first priority is making sure the game is fun for players.
No point attracting players and then not being able to retain them because the game is a flop!
Luis Merino 🇪🇸 | Satoshi Club: Then you are following the correct path 😉
Jonah 🏅🎹 | Satoshi Club: This is the number one essence of Games.. (Entertainment)
Luis Merino 🇪🇸 | Satoshi Club: 👏👏
Perry: Yesss!
Luis Merino 🇪🇸 | Satoshi Club: You are right! That’s the key 🙂
Jonah 🏅🎹 | Satoshi Club: Thank you for your answers, Perry!
Perry:
No worries 😄
Jonah 🏅🎹 |
Satoshi Club:
Here is the Next question
Q3 from Telegram User @Highpee
SolChicks will have a game mode which is known as SolChicks Gangs. According to this game option, players can gang up against their SolChicks with others to form a pact which will increase their probability of winning battles. Can you tell us more about how players can use their SolChicks to form alliances with other SolChicks and how this can help to create a more efficient battle system? How is Ganging different from SolChicks merging/breeding and how will the battle-winning reward be shared between the individual SolChicks that form the gang? Since you said ganging up together will result in a faster gain of experience, will the experience gained be in the form of group experience or will it be added individually to each SolChick that forms the gang?
Perry:
This is just one of many co-op options. You will be matched with other players based on MMR (to make the game fair).
Ganging is different from merging/breeding because you’re essentially battling but in a group.
Other information in your question has not been released in our game mechanics paper. We’re still in the phase of ensuring our game is balanced and fair – how this will translate into a division of rewards is currently being revised.
Luis Merino 🇪🇸 |
Satoshi Club:
This might sound strange, but I have no extra questions for this one :p
Do you? @Jonahapagu 😉
Perry: Haha, information on raids has not actually been released in our game mechanics paper.
So unsure where the information was being pulled from.
Maybe they heard it in another AMA. But for now – the details surrounding raids have not been released. 🙂
Jonah 🏅🎹 | Satoshi Club: I don’t have any extra for this.
Thank you, Perry! Here comes the next question
Q4 From Telegram user @Ajpaa
I read from your social media handle recently of the announcement of SolChicks IGO (Initial Game Offering) on Cafeswap Launchpad. This public sale of $CHICKS token on CafeSwap is said to be scheduled on 29th November. So can you provide us with details for the IGO on Cafeswap Launchpad? Will there be maximum and minimum buy? What measures have you put in place to avoid whales buying and dumping leading to short-term hype? What advantages does Cafeswap Launchpad provide the ecosystem that made you choose it over other Launchpads? Thank you.
Perry:
I can’t tell you the specifics as to why we chose CafeSwap – however –
generally with all our launchpads (over 30+), we choose them based on how they
value-add to our company.
For our launchpads, we’ve been able to host AMAs on their channels and do a lot of co-marketing.
To avoid pumping and dumping, our IDO was launched 1-2 days ago with linear vesting periods of 3 months minimum.
I think we had over 150k people register for a whitelist spot, and of those people – we only let some invest via a lottery system for a very small amount so funds are spread among lots of people.
We also have exciting plans ahead – like game launch and pushing marketing in various regional areas. Our team is expanding every day and you will see more growth after we’re listed on DEX’s.
Perry: We gathered more traction than we had expected so had to lower the amount people could invest and only offered whitelist spots via lottery system since we were oversubscribed.
Luis Merino 🇪🇸 | Satoshi Club: OMG! Many Launchpads 😳
Perry:
•SolChicks IGO Details :
Token: $CHICKS
Date and Time: 29th November, 1pm UTC
ICO Price: 0.05$
Listing Price: 0.05$
Total Funds to Raise: 100,000$
Individual Soft Cap : 200$
Individual Hard Cap : 400$
Token Listing Date: 6th December
Public Sale Vesting Schedule: 25% unlock at TGE, 3 Months Linear vesting (700
slots will be raffled from Gleam registration).
Jonah 🏅🎹 | Satoshi Club: Oh yes, your well-explained answers do answer the question.
One more day to go.. 🔥
Luis Merino 🇪🇸 | Satoshi Club: Wasn’t the same allocation for all Launchpads?
Perry:
Different launchpads have slightly different allocations.
Each launchpad ran by its own rules but generally speaking they had low caps and wide distribution across wallets
Luis Merino 🇪🇸 |
Satoshi Club:
Everything is clear for me now
Thank you 🙂
Next question?
Perry:
Yep!
Jonah 🏅🎹 |
Satoshi Club:
🚀🚀🚀🚀🚀🚀🚀
Q5 from Telegram user @Lena_V10
These 5 categories of SOLCHICKS in your platform, which are namely Legendary, Mythical, Rare, Uncommon, and Common. Can you please explain to us that how will these categories perform in-game? Can a player purchase a Rare Solchick at the beginning, if he/she tends to spend more money in your game? Or every player should start the game with a common Solchick? If a player holds legendary Solchick, how will it benefit him/her in the PvP battle? And, how will it affect the player’s in-game stats? Lastly, besides making the changes in the chick’s appearances, will you add anything more beneficial aspects to them according to their category? Thank you!
Perry:
to make the game fair, the rarity of your solchick will give you very slight buffs in-game. We’re introducing other items like weapons, equipment, and other items which can also boost your in-game stats.
You can purchase a rare chick from secondary markets like solanart, magic Eden, etc.
You start the game with whatever SolChick NFT you join with. 🙂
Jonah 🏅🎹 | Satoshi Club: Interesting
Perry:
How these rarities affect in-game stats is still being balanced out. Our
priority before introducing play-to-earn mechanics is to make the game FUN and
FAIR.
For rewards, having a rarer chick grants you more $CHICK rewards when winning matches.
Specific numbers will be based on your MMR and other variables. 🙂
Hope that makes sense.
Luis Merino 🇪🇸 | Satoshi Club: I see you care a lot about fairness 🙂 Lovely 😉
As I saw on your whitepaper, there are 4 types of rareness, right?
Luis Merino 🇪🇸 | Satoshi Club: Ops! I thought there were four 😂
Thanks for clarifying
Last question for part 1? 🙂
Perry: Yes!
Jonah 🏅🎹 |
Satoshi Club:
🚀🚀🚀
Q6 from Telegram user @yellowchamp
According to your whitepaper that you will launch a Battle of a Solfox Challenge in the 1st quarter of 2022, but as your platform is named Solchicks so can you explain more about Solfox? What is the main contribution of Solfox to Solchicks? Can you elaborate in advance more about the Battle of a Solfox Challenge? What will be its mechanics and structure and how can anyone participate and be eligible in this challenge? What are the incentives and rewards behind this Battle of a Solfox Challenge? Thank you
Perry:
For now – we have not released any more information regarding what the battle
against the Solfox will be like.
We just released our game demo on our website which you can play to get a gist of what the game will feel like though!
We only launched 10 weeks ago – so a lot of elements in our game are still being revised.
When you battle against the Solfox – you can win $CHICKS and other valuable items which can be traded in the in-game marketplace. It’s supposed to be super challenging – like a traditional ‘boss level.’
You can unlock certain parts of the game by leveling up – raids/quests/tournaments are unlocked as you reach higher and higher levels.
Hope that answers your questions! 🙂
Jonah 🏅🎹 | Satoshi Club: Do these items have fixed prices in your in-game marketplace?
Perry:
They do not have fixed prices. Similar to CSGO – players can post these items
up into the marketplace for whatever price they want!
Their price will depend on what people are willing to buy and sell them for.
Luis Merino 🇪🇸 | Satoshi Club: I like your idea 😉
Jonah 🏅🎹 | Satoshi Club: 👍
Thank you For your detailed and Clear answers
Perry:
No worries!! 🙂
Part 2 — live questions from the Telegram community
Q1 from Telegram user @JaviSuBs @eskyperryI want to get the Baby of an adorable SolChicks, what level must my NFTs have and what kind of rarity are compatible to get a Baby from an adorable SolChicks?
Perry: Both adult SolChicks used to breed need to be at least level 45. ^_^
Q2 from Telegram user @rubel1224 Is your NFT available for buy now? What are the NFT marketplaces we can trade? On what blockchain will you launch it?
Q3 from Telegram user @highpee When SolChicks participate in PvP mode, they will only earn SolCoin reward when they reach FLEDGING LEVEL 15. Does it mean that a player will have no reward for gameplay below this level? And since you have a game level up to level 60, does the SolCoin reward increase proportionately with increasing level?
Perry: Levels 0-15 are to teach players the basic mechanics to play our game. You will not be able to earn any rewards below level 15 (for now – as per our game mechanics paper).
$CHICKS rewards will increase based on your level and difficulty of quests/tasks in-game.
Level 0-15 should not take more than a few days.
Q4 from Telegram user @sophiejohnson1 What has SolChicks accomplished? What is your focus in the short term? What are your most important competitive advantages to survive for the future and keep you ahead of your competitors?
Perry: We launched 10 weeks ago and have grown (almost) exponentially!
70+ person team.
Partnerships with some of the biggest companies in the blockchain – including ChainLink, and Brave Browser.
Hired some of the best independent game developers who brought you timeless classics like Maple Story, PubG, and Dungeon Fighter.
Released a playable game demo (on the website).
Grown the community to over 500k+ members!
We’re also honoring the tradition of games – they are supposed to be FUN and ENGAGING. We have focused on building our game to honor this before incorporating other elements like play-to-earn mechanics.
Sometimes when I look at other games on blockchain – I’m like: “would people really be playing this if you removed the play-to-earn aspect?”
The answer is usually no. We want our game to be sustainable – and in doing this – have focused on designing a well-put-together game.
Q5 from Telegram user @adaatalay How will SolChicks differentiate itself from similar competitors? And how will it become the platform of choice? What are your competitive advantages?
Perry: We are differentiating ourselves on the quality of what we are doing. You can see this through:
Quality of our doxxed team: the team is driven, has real business experience, has run multiple successful projects, and has no issues revealing themselves to put their names to back the project. We now have >70 people working on the project.
Quality of our work: we believe our game trailer, game demo whitepaper, and website speak for themselves. We are producing a game that is not only fun for grinders (who want to take advantage of the play-to-earn aspect) but also casual players.
We have partnered with Elite game developers who brought you timeless classics including Maple Story, Pubg, Dungeon Fighter, Heroes of New Earth, and Terra.
Q6 from Telegram user @Wong2008 Do you think the Solana network is a good choice for a gaming project? What are the motivations that make you choose Solana to build solchiks?
Perry: We are firm believers that Solana will become the leading blockchain given Ethereum issues regarding scaling capability and network congestion. Solana has shown to be a very reliable blockchain with higher TPS and better scalability. It’s a great foundation to build big, sustainable games.
Minimal minting fees are a big upside!!
Q7 from Telegram user @Alonhusk008 Many games based on Blockchain and Play to Earn, have been closed, abandoned, or broken, causing users to lose their money. What is your strategy to ensure long-term sustainability and fair rewards to Solchicks?
Perry: $CHICKS token will have an audit available on the website prior to being listed on a number of decentralized exchanges (DEX) on December 6.
We want to instill trust in the project. We have done this by doing our team (all our LinkedIn on the website) and implementing fair and accessibly play-to-earn rewards in our game.
Our floor price in a number of secondary markets is over 14SOL with lots of trading volume going in and out. I think we’ve managed to secure the trust of the community. We won’t let you down. 🙂
Q8 from Telegram user @SUPERSONICCX Is the SOLCHICK platform understandable for a novice user like me? And does the SOLCHICK project have video tutorials and guides? If so where can I see it?
Perry: Our marketing is pushed towards people in the traditional gaming space so we’re trying to make the information as accessible as possible.
Right now we do not have any guides because our platform hasn’t launched. However – for guides for how to mint/buy and tokenomics, please visit our medium via: https://linktr.ee/SolChicksNFT
Or contact our support info@solchicks.io
Q9 from Telegram user @Gemshunter22 Can you tell us more about your team and background? Is it that your team is fully public and what experience do you have before?
Perry: The team is fully doxxed on our website: solchicks.io
Background across strategy, marketing, community building, etc! We have experience building big, sustainable businesses that are PROFITABLE while being user-centric.
We are all well versed in the cryptocurrency space and love games/blockchain.
Our CEO William previously worked at some of the most prestigious firms in the world including McKinsey, as a trusted advisor to the most influential businesses.
Q10 from Telegram user @NAZMP2 On the Solana blockchain, SolChicks’ objective is to become the top fantasy NFT PvP and P2E gaming ecosystem. So, how do you plan to accomplish this mission? What makes SolChicks stand out amid a sea of fantastic projects, which is great for the crypto space? What will it do to take over the space?
Perry: To be honest – there are not many projects (if at all) on Solana that have released a playable game demo and are actually launching within the next few months.
As one of the first movers, we’re taking advantage of our position in this space. We don’t plan to disappoint.
The quality of our game demo is spectacular (play it via our site and less us know what you think!)
Lots of blockchain games are played simply because there is earning potential. As massive gaming fans, we wanted to combine the best of both worlds (FUN AND LUCRATIVE).
For casual players: Multiple game modes include raids, tournaments, quests, and more. No play-to-win and all players matched based on MMR for fairness. Game mechanics are easy to learn and derived from familiar games like Diablo, League of Legends, and Dota 2.
For farmers: Making our game as accessible as possible. We are doing this by partnering with multiple guilds (to access scholar programs) and allowing players to rent a non-NFT to play the game and make money without an original NFT.
One thing that makes us stand out is how much thought we put behind the mechanics. Before we even considered play-to-earn mechanics, we made sure the game concepts were well thought out and that it was actually friggen fun?!
Making this game has been an extremely intricate process, assisted by over 70 people. In 10 weeks – we have broken so many records.
Like dayum over 30 launchpads (and more coming!), transaction volume, the speed that we push updates out. It’s amazing.
That’s all for today! Congratulations to all the winners.
Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Secretum and our guest, @SecretumCEO. The AMA took place on the 27th of November.
The AMA session was divided into 3 parts with a total crypto reward pool of 500$.
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Andrés M. | Satoshi Club: Hi dear community. We are happy to see you again. It is time to talk about an exciting project, I’m talking about Secretum.
Jonah 🏅🎹 | Satoshi Club: Hello all, sorry for the little delay…
Our guest today is @SecretumCEO. Hello and welcome to Satoshi Club!
Secretum: Hello everybody!
Jonah 🏅🎹 | Satoshi Club: Hello and welcome 🤗 Nice to e-meet you.
Andrés M. | Satoshi Club: Let’s give a warm welcome to our great guest , SecretumCEO 🥳🥳
@SecretumCEO sorry for the short delay, let’s begin the AMA with a great introduction about you 😃
Secretum: Do not worry, it is okay! Let’s start 🙂
Jonah 🏅🎹 | Satoshi Club: Yeah, can you give us a brief introduction about yourself? Your role in Secretum and how you got involved in this space.
Secretum: Yes, sure!
I am Mangirdas, the CEO of Secretum with several years of experience and knowledge in Project Management, Business Development and Marketing.
My educational background comes in Industrial Technology Management. Since 2013, I have been passionate about crypto, blockchain and trading.
Together with the team we saw the need from the crypto community for secure space to communicate and exchange crypto assets, thus we wanted to create a solution that would allow the growing crypto community to keep their identity anonymous.
The anonymity nature of cryptocurrency makes crypto owners especially keen to adopt a messaging app like Secretum, that combines messaging and trading privacy with blockchain security.
Andrés M. | Satoshi Club: Amazing idea, but currently we can find similar projects in the market. How Secretum is difference to its direct competitors? Which features make you better?
Secretum: Great question.
When it comes to competition, we are competing with existing messaging apps on one hand and existing trading solutions on the other.
In terms of messaging, our competitors are popular messaging applications like Signal, Telegram, WhatsApp, but also smaller ones like Status or Sylo.
Nevertheless, we have significant advantages over them, as Secretum avoids the personal and data risks present in existing messaging apps, while offering a significantly greater level of privacy.
On Secretum, all data and messages are stored on trusted nodes directly on our Solana-based blockchain network, thus eliminating the security risk of centralised user data storage, bypassing any central points of failure, as well as geographic/political obstacles.
In terms of trading, a number of elements make Secretum an ideal trading solution compared to existing market alternatives.
First, the Secretum “Instant Trade” function allows users to directly send from or receive to their wallets crypto assets to/from those of other Secretum users.
Second, Secretum wallets are Ethereum compatible and allow users to trade NFTs and other cryptocurrencies also with wallets outside of the Secretum network.
Third, the Solana architecture enables Secretum users to develop advanced trading applications to manage and invest in crypto assets.
Secretum itself is – the world’s first and only decentralised, encrypted messaging app, built on the Solana blockchain. It offers users a safe, hassle-free, and direct messaging platform, revolving around major technological advantages:
No servers, no moderators, and complete end-to-end encryption for all messages between users.
No message data or file storage in a centralised location or on the cloud — only on trusted and independently verified nodes in the Secretum network.
Jonah 🏅🎹 | Satoshi Club: So many great and unique features for the world’s first and only decentralized, encrypted messaging app on the Solana chain 👏
Andrés M. | Satoshi Club: Incredible, an all in one project with trending topic features, we are glad to learn about Secretum. I think you really have differentiating characteristics.
Jonah 🏅🎹 | Satoshi Club: I agree with you! And the first of its kind on Solana blockchain.
Andrés M. | Satoshi Club: Well, thank you so much for this complete introduction about you and about Secretum. We have collected the best community questions for you to help us learn about the project. Ready to proceed?
Secretum: Yes, it is))
Q1 from Telegram user @CriyptoSky:
In the Secretum messaging solution on your whitepaper, you said that messaging apps have proliferated during the last decade and the growth is expected to continue to an estimated 2 billion by the end of 2023. Moreover, popular messaging apps like WhatsApp and Telegram do not address and solve the concerns of their users. So, what I want to know is if your platform is offering partnerships or solutions to those popular messaging applications or you plan to rollout and use your individualized platform, which addresses and also carries out these new features, such as the decentralised, encrypted messaging and OTC trading blockchain DApp that creates a completely new ecosystem?
Secretum: Really good question!
Jonah 🏅🎹 | Satoshi Club: Yes, a very interesting one.
Secretum: Yes, we have partners and now I will tell you about one of them.
One of the partners is Insignius Capital (https://insignius.capital/). It is an investment firm focused exclusively on ventures, tokens and projects related to blockchain tech, digital currency and crypto assets. When it comes to how they are helping us, our strategic partners provide advice on strategy, matching and allocating resources, as well as reaching bigger market penetration.
Andrés M. | Satoshi Club: Great strategy, that talks very good of the team behind Secretum 👏
Jonah 🏅🎹 | Satoshi Club: But do you plan on having partnerships with any social media platform such as the ones you mentioned?
Secretum: Yes, we are planning in the future!
Jonah 🏅🎹 | Satoshi Club: This will be a great move 👍
Jonah 🏅🎹 | Satoshi Club: Thank you for your answers. Here is the next question!
Q2 from Telegram user @iceVermithraxx:
It is estimated that 75% of all SMEs have no cyber security plans and that 60% of small businesses that are victims of a cyber attack go out of business within six months. I also understand that Secretum is built on a three layer structure. What are some measures Secretum has put in place to help SMEs reduce risks of cyber attacks? Can you explain these layers of Secretum and their features? And lastly, do you have any plans to integrate and create bridges with other blockchains?
Secretum: Great.
Jonah 🏅🎹 | Satoshi Club: @SecretumCEO 👀
Andrés M. | Satoshi Club: It’s an important question, he should be preparing a complete answer.
Jonah 🏅🎹 | Satoshi Club: Yes, let’s get ready to read a long and comprehensive answer.
Secretum: Sorry for the delay)
We are at the early stage, currently working on MVP and architecture. With each product development stage, we will explore possible technical solutions to protect our users and make sure the stay secure and anonymous.
When it comes to partnerships, yes we have plans to establish partnerships with other projects in our area.
Jonah 🏅🎹 | Satoshi Club: So in other words, we should expect an integration with other chains?
Secretum: Also, we are going to have bridges to other networks, firstly being Ethereum based chains.
For businesses, we are going to provide the opportunity to establish their closed personal nodes network to ensure channels for communication.
Jonah 🏅🎹 | Satoshi Club: Great job! Thank you for your answers.
Secretum: My pleasure!
Jonah 🏅🎹 | Satoshi Club: Ready for the next question?
Secretum: Yup, let’s go.
Q3 from Telegram user @DK177:
You have scheduled three private sales with separate allocations, 10% for the round 1, 4% for the round 2 and 3% for the round 3. Is there a special reason to plan three rounds? As a whole, you have allocated 17% from the total supply of $SER for private sales. However, the allocation for the public sale is only 2% from the supply. Why did you underestimate the contributions by community members? Further, you have allocated 20% for the development. This is also a considerable allocation. Please explain what kind of developments will be carried out and how these funds will be utilized.
Secretum: We have a high demand for the project and our private sale is going on very well. That’s why we have updated the tokenomics and also, we have been advised to do so by our advisors and experts. The collected contributions will be allocated to app development, marketing and team expansion.
Jonah 🏅🎹 | Satoshi Club: Btw, can you share the updated tokenomics with us?
Secretum: Yes, sure!
Currently, we have private sale round 1 going on. There is a minimum contribution of $5000 USD.
Please see more details on the tokenomics of $SER below:
Private round 1 price: $0.20
Private round 2 price: $0.35
Private round 3 price: $0.50
Public sale price: $0.70
IDO launch price: TBD
Write an email to invest@secretum.io with the USD amount that you would like to invest and the stablecoin or crypto you would like to use. We will then come back to you with the next steps to confirm your allocation.
Private round 1: 10,000,000 SER tokens at a rate of $0.20. Deadline — November 29, 2021, at 24:00 EET.
Private round 2: 4,000,000 SER tokens at a rate of $0.35. Deadline — January 25, 2022, at 24:00 EET or before allocated SER tokens are sold.
Private round 3: 3,000,000 SER tokens at a rate of $0.50. Deadline — February 28, 2022, at 24:00 EET or before allocated SER tokens are sold.
We have smart contract for token release. After investment, your tokens will be released with vesting accordingly:
20% of your $SER will be sent to you immediately.
The equity will be protected with world-class security and credited to you 10% quarterly 3 months after TGE in line with the private sale vesting schedule.
Andrés M. | Satoshi Club: Great, that shows adaptability.
Thanks for sharing it, what are the main use cases for $SER?
Secretum: Good question.
The token is going to be used for opening channels, motivating node runners, trading, gas fees, message sending and smart channels opening.
Jonah 🏅🎹 | Satoshi Club: Thank you for your answers. The next questions is about running nodes on Secretum, ready for it?
Secretum: Yes)
Q4 from Telegram user @UniqueVicky:
$SER will be rewarded to users who provide nodes to Secretum network. How can a user provide nodes to Secretum network to receive $SER rewards? How much $SER will be given to a user who provides nodes to Secretum network? Generally, there are 3 distinct type of nodes, miner nodes, light nodes and full nodes, which of these three nodes can a user provide to Secretum network? Is there a specific amount of $SER given to a user according to a node he provides or it’s the same amount for any node provided?
Secretum: At the moment, technicalities for nodes are not yet decided. It’s a bit too early to talk about it because as mentioned previously, we are at the early stage. You can read the current available information in our whitepaper.
Jonah 🏅🎹 | Satoshi Club: Can you share your roadmap with us so we can follow up on when important features of Secretum are scheduled to be rolled out?
Secretum: Yes, for sure)
Secretum addresses the B2B, B2G, and C2C customer segments. We plan to start by targeting our early adopters – the crypto community, as they need a secure messaging and trading platform the most. Secretum plans to market itself and expand via a series of proven strategies that have been used by other messaging and trading apps (including Telegram, Robinhood, and Dropbox) to create fast organic growth.
In terms of the product, this year, our main priority is to start the app development, conduct blockchain agnostic architecture beta testing and finalise the private token sale. The MVP of the app will be launched next year.
Our development plan can be found below:
Q4 2021
• Blockchain agnostic architecture beta testing • Binance smart chain bridge support • App development starts • Private token sale
Q1 2022
• Private sale • Public sale • Private beta testing and NFT airdrops • Public beta release (Crypto Influencer Campaign)
Q2 2022
• Secretum app launch • Final testing • Deployment on app stores
Q3 2022
• Community building + competitions • Secretum network setup and node validator onboarding
Jonah 🏅🎹 | Satoshi Club: Thank you for sharing this with us. Ready for next question now?
Secretum: Yes, ready)
Andrés M. | Satoshi Club: Thanks for sharing it, let’s proceed with the next question!
Q5 from Telegram user @Ajpaa:
In addition to its advantages as a messaging app, Secretum allows users to trade P2P fungible and non-fungible crypto assets in a cost-effective way, bypassing existing exchanges. How does your innovative P2P architecture work for trading fungible and non-fungible crypto assets without the need for an exchange? Which trading problems would this innovative architecture solve and in what way will it enhance user’s experience? What advantages does multiple user functionalities integrating communications and crypto trading on the same platform offer to users?
Secretum: Such a hard, but interesting question, let me think please.
Jonah 🏅🎹 | Satoshi Club: Alright.
Andrés M. | Satoshi Club: Don’t worry, take your time.
Secretum: By utilising Secretum’s vault/escrow contracts there will be no need of the third party interaction to initiate the trade.
The key benefit of our platform is the all in one solution, that you can message each person with the interest to create a deal and exchange assets.
Jonah 🏅🎹 | Satoshi Club: This is very interesting! So, to use this, what do users need?
Secretum: So, just the wallet which will be used to identify the user.
Jonah 🏅🎹 | Satoshi Club: Great.
Andrés M. | Satoshi Club: Like a KYC system?
Secretum: Yes.
Jonah 🏅🎹 | Satoshi Club: Thank you for your answers. Ready for the last question of this part?
Secretum: Yes.
Q6 from Telegram user @victorogb:
A couple of days back, Secretum announced an update to its token sale metrics for $SER. Secretum consequently split its private sale round to 3 rounds with further price increases for each round. Even as this move is welcomed by early investors, may we know the factors that necessitated this change and can you briefly update us on the current metrics with your private sale rounds? Also, since these changes were applied across all private sale rounds, how about your public sale? Was there also an adjustment to its sale metrics? Finally, asides these listed economic sectors, what other areas received an increase in token allocation?
Secretum: I already provided it here, you can see the private rounds. As I wrote earlier, we will provide public sales in 2022. See our roadmap.
Andrés M. | Satoshi Club: Is there any whitelist to join?
Andrés M. | Satoshi Club: @SecretumCEO, thank you so much for your incredible answers, 2 hours learning about an innovative an exciting project like Secretum 😁👏.
Is time to proceed with the second part of the AMA. In the live segment we will open the chat and you should answer your 10 favourites questions, ready to proceed? 🥳🎉
Secretum: Yes, sure!
Andrés M. | Satoshi Club: Well, prepare your questions SatoshiClubbers!
Jonah 🏅🎹 | Satoshi Club: This will for sure be exciting!
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Ava_renee:
Most investors focus only on the short-term price instead of the real value of the project. Can you tell us about the long-term benefits for investors in this project?
Secretum: In 18-24 months, we expect to have a working and trustworthy platform with an established user base and active community whose members act as ambassadors of Secretum. Besides that, we expect to establish broad and strong partnerships in order to cooperate and expand our offering on the app, for example, to offer a broader variety of trading possibilities.
This year, our main priority is to start the app development, conduct blockchain agnostic architecture beta testing and finalise the private token sale. The MVP of the app will be launched next year.
Q2 from Telegram user @Hellos151:
Do you have any Telegram channel or Twitter for this project? From where can we learn something?
Why have you chosen Solana blockchain for your project? What competitive advantage do you see in it? You could have gone for other blockchains too. What are your plan regarding additional blockchain support?
Secretum: As big enthusiasts and active participants of the crypto scene, we have experienced the problem of a lack safe and secure space to communicate and exchange crypto assets with other community members ourselves.
We wanted to create a solution that would allow the growing crypto community to keep their identity anonymous. The anonymity nature of cryptocurrency makes crypto owners especially keen to adopt a messaging app like Secretum, that combines messaging and trading privacy with blockchain security. That’s why we chose Solana.
Q4 from Telegram user @Nensam:
What does Secretum mean? And why did you name your project like that? I’m anxious to know, kindly share it with us.
Secretum: It came naturally from the main issue we are trying to solve – hidden or anonymous identity. We have associated this concept with the word secret/in secret, which in Latin stands by the word Secretum. It felt like the perfect name for us, for our idea.
Q5 from Telegram user @cenkkargin0666:
What is Secretum’s main goal and vision in the market? Since the files will be processed on a P2P basis with very high data transfer, does Secretum have the structure to provide this data migration?
Secretum: Our team envisions a world where communications and assets are completely free from intermediaries, risks of theft, or any other external threat.
By combining innovative trading capabilities with unique messaging features, Secretum aims to become the go-to communication and trading solution for the global crypto community.
As crypto ownership becomes mainstream, the market need for seamless trading and secure messaging will merge into a single one, which Secretum will be ideally positioned to service.
Achieving this vision would make Secretum go far beyond the scope of being just the next messenger – it would instead build the foundations for making it a pioneer of the blockchain era.
Q6 from Telegram user @Siyam0777:
Is your project only for elite investors? How about others with small funds, is it open to everyone?
Secretum: This project is absolutely for everyone! You can join us and buy tokens whenever you want!
Q7 from Telegram user @Thisistoyin:
I would like you to tell us about the fees for minimum and maximum investment, would the common man be able to invest? How about your community base? Cause as we know it, to every project, there has to be a strong community behind it. So, what events are you organizing on social networks to bring people to participate and learn about the project? Does your platform have ambassadors?
Secretum: Minimum is 5k, maximum for private 250k, for VCs max is 500k.
Our main community is on Telegram and we are working on other platforms too. Regarding ambassadors, it’s in our plans.
Q8 from Telegram user @Siyam0777:
Do you have a token burning plan in the future to increase token value and attract investors?
Secretum: Transaction commissions are generated from P2P asset transfers and messages. To promote the value of the token and the stability of the ecosystem, partial burning of each transaction fee is also implemented.
As the Secretum network grows, inflationary rewards will constitute the bulk of incentives, to attract and build a large network of nodes and node validators.
To launch an SPC, a user will have to to pay 100 SER tokens, of which 20% will be instantly burned, and 80% will become a staking reward for nodes.
To access the content, users pay owners set fees, which owners keep 90% of. The remaining 10% is used as a staking reward (80%) and burned (20%).
Q9 from Telegram user @Siyam0777:
NFT is really a hot topic in the crypto currency market now. How is your project planning to develop NFTs and integrate them with De-Fi?
Secretum: We will provide the opportunity to trade non fundable tokens by OTC trades solution.
Q10 from Telegram user @amx200297:
Do you have connections and partnership plans with other messengers?
Secretum: Now we have Signal, Telegram, WhatsApp, but also smaller ones like Status or Sylo. In the future we will try to find new ones)
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
For more information and future AMAs, join our Social Media channels:
Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from The Wasted Lands and our guests were @luanngo2703, and @yingwu868 – representatives of The Wasted Lands. The AMA took place on the 25th of November.
The total reward pool was 500$ and has been split into 3 parts.
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Website
Jonah 🏅🎹 |
Satoshi Club:
Once again Satoshi clubbers Welcome to another AMA session with The Wasted
Lands.
Luân Ngô:
Hi guys, it’s good to be here!
Jonah 🏅🎹 |
Satoshi Club:
Our guests are @luanngo2703
@yingwu868
Paul Mont | Satoshi Club:
Welcome, great to have you here! 🥳
Jonah 🏅🎹 | Satoshi Club: Hello, welcome to Satoshi club 👏
Ying Wu:
Hi guys, it’s my honor to talk with y’all 🥰
Jonah 🏅🎹 | Satoshi Club: It’s our pleasure to have you here as well 😉
Paul Mont | Satoshi Club:
How are you doing today? 🙂
Luân Ngô:
Awesome!
Ying Wu:
So thrilled 😆
Luân Ngô:
But a bit nervous as I saw you’ve just had a perfect AMA, lol
Jonah 🏅🎹 | Satoshi Club: There’s already excitement in the atmosphere.
Paul Mont | Satoshi Club: I can assure you we’re all super excited to know and learn more about The Wasted Lands project 😁💯
Jonah 🏅🎹 | Satoshi Club: And this AMA will also not be an Exception 😊
Paul Mont | Satoshi Club: Right! 😉
Luân Ngô: Yeah, can’t wait to tell you guys about The Wasted Lands.
Ying Wu: Glad to hear that 😁
Jonah 🏅🎹 | Satoshi Club: Sure so let’s get the ball rolling @PaoloMonte87
Paul Mont | Satoshi Club:
Yap! Let’s start with a brief introduction guys 🙂
Tell us about yourselves and your roles in the project 😉
Luân Ngô:
Sure!
My name is Luan, I’m the co-founder of The Wasted Lands and I’m in charge of
the game production.
I used to work at Amanotes, VNG, and Zitga before I started my own journey. So
far, all the games that I participated in have more than 1 billion downloads on
Android and iOS.
Ying Wu:
My name is Ying. I’ve been working as a partnership manager of The Wasted
Lands.
Jonah 🏅🎹 | Satoshi Club: 1 billion 😍.. you are so good at what you do..
Paul Mont | Satoshi Club: That’s a hell of a presentation and business card. Amazing! 🙂
Luân Ngô: Our blockchain team consists of 5 core full stacks developers with 4 years of in developing defi, smart contracts, and blockchain core.
The team is led by an experienced Product Manager who has 4 years of building fintech products, 2 years of experience in building disruptive blockchain innovations, an enthusiast contributor on different blockchains such as Wax, Incognito, EOS…
On the game production aspect, before starting everything together, we worked separately in Gameloft, Gear Inc, IEC, Hiker, VTC, Amanotes, and Zitga. Our CPO, CTO, and Art Director have participated in many great projects, such as Asphalt 9, Minion Rush, Dungeon Hunter 5, Magic Tiles 3, Tiles Hop, Summoners Era,… as Game Designer Lead, Tech Lead, Art Lead and Marketing Lead.
Thanks, guys! It’s the team trophy!
Making Hit games on mobile is awesome. And now I’m even more excited about the next journey in blockchain games.
Paul Mont | Satoshi Club: I saw your website, now this explains so many wonderful things I had the chance to see there 🤩
Jonah 🏅🎹 | Satoshi Club: This is huge and impressive… the experience of your team from diverse games and platforms is Amazing
Luân Ngô: Yeah, thanks!
Jonah 🏅🎹 | Satoshi Club: One of a kind
Luân Ngô:
I believe those are brief intro about us. You can find out more on our website
and Linkedin.
Paul Mont | Satoshi Club: It was a beautiful introduction @luanngo2703 & @yingwu868 😉
Now please, tell us more about some of the core concepts behind The Wasted Lands 🙂
What are the essence & foundation principles behind the project?
Luân Ngô: Nice question!
Wasted Lands is a match-3-RPG game with a post-apocalyptic theme. Its main mission is to discover the secret of the biological pandemic. In order to do that, you will have to gather your team, fight against others, explore the world and collect pieces of evidence.
For match-3 gameplay, you
may think of Candy crush or Bejeweled as an example. We hope this classic
gameplay would attract mass users as it is really familiar and easy to play.
Jonah 🏅🎹 | Satoshi Club: 👍
Luân Ngô: The game idea came to us at the peak time of Covid-19 in our country. So we are being affected by the biological pandemic in the lore, lol 😄
That’s all!
Paul Mont | Satoshi Club: I love this genre of games, I’ve spent so many sleepless nights playing haha
Jonah 🏅🎹 | Satoshi Club: We hope there no longer is a repeat of this In real life
Luân Ngô:
Sure!
Paul Mont | Satoshi Club: Perhaps you have some Graphics/Art to share with our Satoshi Clubbers for a sneak-peek preview?
Jonah 🏅🎹 | Satoshi Club: I’ll come to you for tutorials then.. 😁
Paul Mont | Satoshi Club: Lol, I said I played a lot, not that I am good at them 😂🤣
Luân Ngô: Oh yeah, thanks for reminding me.
Jonah 🏅🎹 | Satoshi Club: 😂 ain’t you suppose to get better with time.. that’s btw
It’s unfinished! we’re adding more and will always keep updating it.
Jonah 🏅🎹 | Satoshi Club: They are very cool
Can’t wait to see the finished work.. it will definitely be mind-blowing
Paul Mont | Satoshi Club: Love it!
Luân Ngô: You won’t believe it if I tell you some of the concepts are being sketched a couple of years ago!
Jonah 🏅🎹 | Satoshi Club: Take a look at this guy 🔥
Paul Mont | Satoshi Club: I love the theme, it reminds me of a dystopian, post-apocalyptic scenario – the kinds of I’m pretty fond of)
Jonah 🏅🎹 | Satoshi Club: And whoever sketched them did a great Job 👏
Luân Ngô: That’s not me! But thanks, lol
Paul Mont | Satoshi Club:
Yes, cudos to the artist(s)! 😉
Brilliant, thank you very much for the thorough introduction @yingwu868 & @luanngo2703 !
There are many details that we’d like to flesh out and learn about The Wasted Lands. Without further ado, if you agree, we can move to the community questions 🙂
Luân Ngô: Yes, please!
Q1 from Telegram User @thisistoyin
Hello there, What a wonderful project you’ve established! Please, you stated on your website that, the game would have 2 tokens, in the ecosystem which are
$WAL
2. $WAS.
And again in your white paper, (SLIDE 5). It says, The wasted Lands offers BOTH FREE TO PLAY and PLAY to EARN where everyone can enjoy the Game while creating value and marketing. Can you please Distinguish between this Two? &
is it that, your game did not require any form of payment whatsoever before participating or playing?
And in what token do Players get rewarded, Is it the $WAL or $WAS?
Ying Wu: Of course! $WAL is the main governance token of The Wasted Lands.
Use to Buy/rent NFT assets.
Use to fuse & give birth to the next generation of NFTs warriors.
Staking.
Pay services fee on the marketplace
Governance
Buy exclusive merchandise & auction for NFT game assets
$WAS is the main utility token and can be earned by playing the game through PvE mode. Use cases of $WAS:
PvE and PvP rewards
Burn to Upgrade higher level NFTs items (equipment, lands, pets…) from in-game resources.
Burn to level-up Tier & Membership.
Burn to speed up research & production in-game.
Paul Mont | Satoshi Club: I read merchandise – you mean users will be able to spend $WAL to redeem “physical” The Wasted Land goodies?
Ying Wu: Yes, that’s right
Luân Ngô:
You’ve got it right!
Paul Mont | Satoshi Club: Haha, that’s so cool guys! 😍
Jonah 🏅🎹 |
Satoshi Club:
Interesting what are the examples of goodies available?
Ying Wu: Intangible goods are items in-game that you can buy or play to earn!
Jonah 🏅🎹 | Satoshi Club: 👍
I noticed you talked about Burn to speed up research and production in-game, as one of the use cases of $WAS what research are you talking about here?
Luân Ngô: In our games, players have to research new technology, exploring new items, equipment in order to be stronger.
Jonah 🏅🎹 | Satoshi Club: 👌 Excellent
Luân Ngô:
For example, cyborgs need to research new chips to enhance their abilities;
Survivors need to research new farming techniques to be more productive, etc.
Jonah 🏅🎹 |
Satoshi Club:
Thank you for your answers
Luân Ngô: just to add to Ying, we’ll have collectible game figures for special events.
Imagine you will have all those kick-ass fighters on your desks.
Jonah 🏅🎹 | Satoshi Club: Oh yeah, that will be super cool 😎
Luân Ngô: In the long-term, we will co-op with some exclusive partners and get their items as special rewards, too.
Paul Mont | Satoshi Club:
It sounds great! 😁
Luân Ngô: Back to the questions, regarding the free-to-play.
Would you like to continue, @yingwu868
Ying Wu:
Moreover, The Wasted Lands gives out free non-NFT warriors for all players at
the beginning of the game to join freely.
These free warriors default to all players. Thanks to this, free players can enjoy the game and gain tokens while playing in PvE campaign mode. All token earning from default warriors will be locked and players can only withdraw these token if they have at least 1 NFT warrior.
For users who own NFT warriors, they can freely trade and access all the game functions.
Jonah 🏅🎹 |
Satoshi Club:
Thanks for adding more clarity on this
Ying Wu:
A player can start completely free and earn their way to the very top of the
game. Below is the example progress of a Free-to-play player:
Free players will be given non-NFT warriors (default warriors) as soon as they
start the game.
Then, by playing the game in PvE mode with free warriors, the player receives
WAS token (will be locked) and some items of various rarity.
The free players can also fight against other players in PvP mode to win more
tokens.
All rewards will remain locked until they have their first NFT warrior. This creates a sustainable economic cycle for F2P players, without a large upfront investment until they earn enough, and most importantly, know how to play the game and win.
Paul Mont | Satoshi Club:
Can a non-NFT warrior compete against an NFT one?
Or at least be improved/upgraded in a way to be able to compete in PvP?
Ying Wu: Yes, they can be improved/upgraded!
Paul Mont | Satoshi Club:
Crystal clear, thank you for your answers
Jonah 🏅🎹 | Satoshi Club: That’s fair.
Paul Mont | Satoshi Club:
Are you ready to proceed with the next question? 🚀
Luân Ngô: Sure
Q2 from Telegram User @Cheriemike
Your teams have made plans for Minimum Viable Product (MVP) this November for purchasers of your warrior’s NFTs to play a minimum version of your game. So can you please specify the exact date when the minimum version of the game will be available since we are already in November? Do you have a limited number of persons that will test out the game? What will be the minimum amount of value required for players to purchase NFTs they will use when playing your game? What are the future benefits that will be given to players so they don’t walk away especially early adopters? Do you have a feedback system built-in to provide user data for future refinement of your game? And where can users try out the free non-NFT warrior’s demo match before the official Mobile and PC game will be available in March 2022? Thanks
Luân Ngô: The exact date of the MVP would be around 20/12. We’ve changed the plan today and have not updated the timeline on the whitepaper yet. The reason for this is that we want MVP to give players the full experience of match-3 and RPG, in real combat.
So the new timeline would be:
NFT warriors sale on early Dec
IDO in the middle of Dec
Having staking and daily quests ready
Release the MVP right after all that!
Luân Ngô: For this MVP, the only player with NFT warriors can join, so the expected number of players in the first few days would be around 5.000. After that, as we’re introducing Free-to-play MVP and Breeding/Fusion, a huge wave of users would join, expected to happen in early Jan 2022.
We will have 2 kinds of feedback in order to refine our game:
We implement a tracking system to see how players interact with our games and try to find out their problems, such as: do they really understand the tutorial, which features/functions did they miss, how would they use our suggestion in battle, how often do they change their formation, etc.
We get user feedback directly via email, telegram group, game reviews on the stores, etc.
That’s all!
Paul Mont | Satoshi Club:
Thank you for the very comprehensive answer!
Jonah 🏅🎹 | Satoshi Club: You’ve done Justice to the Question as expected
Paul Mont | Satoshi Club: By the way, can you share any information yet on how our Satoshi Clubbers will be able to join the early December NFT Sale?
I’d sure want to be among the privileged folks testing out the MVP, as soon as it comes out 😉
Luân Ngô:
You guys can always be updated by following our public channel.
However, would you mind DM @yingwu868 after this AMA to see if we can have any
gift for Satoshi
Paul Mont | Satoshi Club: Sounds like an amazing privilege & opportunity for all the Satoshi Clubbers! We sure will! Thank you! ☺️🙏
Jonah 🏅🎹 | Satoshi Club: That’s so kind of you.. We do appreciate this gesture
Luân Ngô: We’re trying our best to have the MVP available on PCs and Mobiles. But this is still unofficial. I will let you guys know the details real soon!
Paul Mont | Satoshi Club: And in light of this, let me remind everyone not to miss the opportunity to join up The Wasted Lands official TG!
Jonah 🏅🎹 | Satoshi Club: Great, I’m sure @PaoloMonte87 likes them on PC’s 😉
Luân Ngô: In a good case, our beloved players can even start playing and earn in this MVP.
Really looking forward to it, guys!
Paul Mont | Satoshi Club:
Thanks a lot for the answers!
Luân Ngô: Let’s roll to the next question! I’m getting excited!
Jonah 🏅🎹 |
Satoshi Club:
🚀🚀
Paul Mont | Satoshi Club: Yup! The next question’s coming 😉
Q3 from Telegram User @Pavel_Jarosh
The Wasted Lands treasury is considered to become a pillow bringing stability and sustainability. There are multiple sources of income for the treasure such as fees on trading with game assets or rental, trading fee on the marketplace, minting fee, items purchase fee, or the fees through in-game activities. Please explain how do you plan to distribute the fee pool and what is going to be financed from these funds? Are you planning to invest in game development after Q4 2022 by bringing more complicated and diversified gameplay? Do you plan to support any extra activities out of the project (like charity for ex.)?
Ying Wu: The Wasted Lands treasury oversees the management of all game assets and brings stability and sustainability to TWL’s economy. A part of the game’s revenue will go into the Treasury. At the same time, the Treasury will be the source of funding for the game ecosystem in the form of rewards for achievements, tournament prizes, etc. The Treasury fee comes from: Game assets purchase/rental. Trading fee on Marketplace. Fusion/Born NFTs fee Equipment, pets, lands purchase. A fee collected through in-game activities
Luân Ngô:
Talking about the long-term plan, it’s still soon right now, but we already
have something in mind. Plan after 2022:
Social system: clan/guild
Social competition: clan war/guild war
World Boss
More expansion of metaverse gameplay
Paul Mont | Satoshi Club: Competitions among clans/guilds sound darn cool 😁
Luân Ngô:
The long-term features and content would really depend on our users. We want to
listen to them, about what they want.
Paul Mont | Satoshi Club: I assume there will also be tournaments and leaderboards as well, right?
Luân Ngô:
You have it correct!
Jonah 🏅🎹 | Satoshi Club: World boss.. What is it about?
Luân Ngô: Actually, we want to have Leaderboard real soon. Maybe in early 2022.
World boss is a feature in which players have to join together to fight the same Monster/Boss that threatens the planet.
Rewards will be divided to all as long as the Boss dies.
Jonah 🏅🎹 |
Satoshi Club:
That’s an interesting concept
Luân Ngô:
Players’ share would be calculated by the damage they gave to the Boss.
Paul Mont | Satoshi Club: The ultimate co-op quest 🔥🔥
Luân Ngô: Seems like we have a mid-core gamer right here! lol
Jonah 🏅🎹 | Satoshi Club: 😄
Paul Mont | Satoshi Club: Haha, just a lowly aficionado for the kind of games that you’re trying to bring to life. Loving so far what you’re trying to create with The Wasted Lands 😁
@luanngo2703 can you please share the $WAL and $WAS tokenomics? Do you have a public token economics paper available yet?
Jonah 🏅🎹 | Satoshi Club: Great.. Thank you for sharing
Paul Mont | Satoshi Club: Thank you very much for sharing them with us!
Question number 4 is knocking at the door. Ready to take it? 😉
Luân Ngô: Bring it!!! 😄
Q4 from Telegram user @chinyere2020
About your Renting feature, I learned that owners of NFTs can put their unused assets for rent to generate better income. Will the amount to be paid as rent be fixed or it will be negotiated by both users? -I also found out that you have two Rental systems; “Renting with collateral” and “Renting without collateral”. In renting with collateral, the renter has to deposit an amount to be used as collateral but in renting without collateral, the renter will not have to deposit any collateral. Can you explain more about how renting without collateral works? How do you make sure that the owner of the NFT won’t lose it in the renting without collateral system?
Luân Ngô: The amount will be negotiated. The decision would be on players. We will only create a marketplace for players to meet.
Renting with collateral will be released first.
As per the Renting without collateral. There will be whitelists for both renter and rentee. If renters could not pay the fee as agreed, they will be banned from the renting system.
The rent fee of “Renting without collateral” would be higher, so there will be a strict policy for the renter and rentee. And of course, they have to work directly with us.
That’s it.
Guys?
Jonah 🏅🎹 | Satoshi Club: Is a Ban not too harsh 😁.. does this mean they will never be able to use the renting system again?
Luân Ngô:
With our current policy, yes!
However, if our community has a better suggestion, we would take it into consideration.
The idea here is to create a safe place for all players and make sure everyone’s happy.
Jonah 🏅🎹 |
Satoshi Club:
Great.. Having this in place will ensure that all renters would always pay as
agreed
Paul Mont | Satoshi Club: So basically uncollateralized renting will depend on the agreement and good behavior between the renter and the rentee, right?
Luân Ngô:
You can say so.
Paul Mont | Satoshi Club:
I like the idea of whitelisting, it’s a good way to keep track of trusting
users 😉
Jonah 🏅🎹 | Satoshi Club: Yes I totally agree
Paul Mont | Satoshi Club: Besides, it’s also an alternative and viable option for users that don’t want to depend on collateralized renting (e.g. friends playing the game)
In a word, brilliant 😁
Luân Ngô: Thanks, guys.
Paul Mont | Satoshi Club:
Thank you @luanngo2703! Would you like to add anything else or are you ready
for the next question? 🙂
Luân Ngô:
I’m ready for the next one.
Q5 from Telegram User @iceVermithraxx
I made note of Two of your key game mechanisms:- Game balancing and Governance, under game balancing you have the warrior born features in which two NFT warriors can be used to create a new offspring with inherited traits, and under Governance, players can choose 1 of 3 factions in the game and vote for their favorite Faction. Can you please elaborate on the features of these new offspring? Can two offspring’s be combined to create a stronger NFT warrior? What are requirements for users to able to use the warrior born feature? And lastly can you elaborate on the 3 factions of the game and their features?
Luân Ngô: Okay, so for the Breeding/Mating feature, players will need 2 warriors to use the breeding/mating feature, no matter what gender. The offspring will gain mostly the parts, abilities, skills, and base stats of their parents. However, there is a 10% chance of mutation, which makes the offspring have parts and abilities, not from their parents.
2 offsprings can be
combined. However, there is no guarantee on the “stronger F2”
If you want a guarantee, you can use the Fusion feature, which allows players to lock the parts of the warrior that they want to keep before fusing it with the food (the other warrior).
The requirements for breeding/mating: have 2 warriors as parents, pay the fee to breed. That’s all!
About the Factions, there are 3 main factions in the game, which are Survivors (pure human), Hybrids (half human – half animal), and Ex-Company (human with high tech, cyborgs). The factions have advantages over others like Hybrids > Survivors > Ex-company > Hybrids. Therefore you’ll have multiple strategies to build your team.
You can refer to this diagram
Jonah 🏅🎹 | Satoshi Club: So in other words Ex-Company is more superior?
Paul Mont | Satoshi Club: It looks a bit like rock, paper, scissors in terms of features that give an advantage to one faction over another 🙂
Luân Ngô: Not really
Yep! rock, paper, scissors is a great example.
Paul Mont | Satoshi Club: It’s a good reason to own more than 1 NFT/Warrior 😉
Luân Ngô: This may be a bit hard to understand for the casual gamer. But don’t worry, we will release a whole wiki for the game.
Besides, players can always try the game for FREE
Jonah 🏅🎹 | Satoshi Club: I was lost a bit 😁
Luân Ngô:
No need to hurry with our games as long as we have the free-to-play function 😄
I believe it will solve the main problem of getting new users and most importantly, educate them.
Jonah 🏅🎹 | Satoshi Club: This will give users an advantage of getting used to the platform
👌
Paul Mont | Satoshi Club: One more thing – you’ve mentioned fusion as a more advanced breeding/mating feature, right? Is it correct to assume that it will have higher $WAL requirements compared to the more basic (and more casual) mating/breeding?
Luân Ngô: Hmm, it’s a bit hard for this comparison. In short, the fee for continuous breeding will be much higher than first breeding.
On the other side, the higher number of body parts that you lock in Fusion will have a higher fee.
Paul Mont | Satoshi Club:
Gotcha, thank you!
This is the last question for this very first part of the AMA, then we’re heading into the LIVE part of the session.
Luân Ngô: Got it!
Q6 from Telegram user @victorogb
As an advocate of everything DeFi, I am particularly interested in The Wasted Lands staking program. As proposed, this program would be comprised of different vaults where WAL or LP tokens will be staked for passive income and various game items. Even as these are important future project plans, can you give an idea of how the Wasted Lands staking vaults will be structured, will these vaults be grouped according to their reward types (passive income or game items)? Also can you let us know the supported LP tokens for staking, and what sort of incentive will be given to vaults with WAL token stakes? Finally, can you provide a possible timeline to the start of your staking program?
Ying Wu:
Our staking vaults would have different rewards
our WAL and WAS, of course
other partner’s token and NFTs
our NFTs and in-game items such as warriors, pets, vehicles, or even the exp potion
We would release the first staking vaults around 10 days after IDO. The other vaults would be released along with the game and we’ll make detailed announcement on it
I’m done with this question 🙂
Paul Mont | Satoshi Club: Very clear, thank you very much! 😉
Part 2 — live questions from the Telegram community
Q1 from Telegram user @curiosoAMA I was reading that by combining my characters, there will be new gameplay and new surprise rewards, how can I combine my characters? And could you explain what you mean by “new gameplay”?
Luân Ngô: You can create new characters/warriors by Breeding 2 warriors or using 1 of them as food for Fusion.
As per the new gameplay, in late 2022, we will release a new NFT and let you craft your own vehicles, use them to race.
The new gameplay is the first move to expand the game’s universe.
Q2 from Telegram user @Orlemys The Wasted Lands really seems like a complete and promising platform, so for investors, please tell us when and where to buy your token? Who will be allowed to do so, do we need to pass whitelisting? Can we only buy $WAS? How can we earn $WAL?
Ying Wu: Hi 👋🏻 Thank you for your question! In the next 2 weeks, we’ll announce the IDO plan on our Discord/Tele. Please follow us on these platforms to keep updated!
Q3 from Telegram user @Xusuo Can you explain what will be the wasted land marketplace to sell NFT ? will you have your own marketplace in-game or use 3rd like OPENSEA.IO ? is there any fee by trading on the marketplace?
Ying Wu: We will release our own marketplace, right on the website. Besides, players can buy NFTs on other launchpads. Official announcement will be released soon. Thank you!
Q4 from Telegram user @meml97 While watching The Wasted Lands game trailer, it caught my attention the fact that we can see many different things we can do on the game and some of their mechanics, one particular thing that caught me was the fact that PvP battles will be done by Match-Three puzzle games. So, I was wondering, can you tell us more about the gameplay in every aspect of the game? Besides the PvP battles being made by Match-Three puzzles, how will the gameplay for PvE and Mating be? Also, how will we be able to perform more of the other actions of the game such as build and upgrade our teams and expand our shelters? Will everything be done by Match-Three puzzles or do you plan to add more mechanisms to the playability of the game to keep things fresh and interesting?
Luân Ngô: This question got me really interested as you actually stay close to the gameplay. Thanks! The answer is that the Match-3 will be our main gameplay throughout PvP and PvE. You will have to match the right gems to attack and fill your mana of special skills. In PvE mode, you will discover the World, fight against other teams (computer), and get evidence of the pandemic.
we will have a new gameplay in late 2022 as stated above.
Q5 from Telegram user @Ajpaa How can players boost their performance and expand their options with NFT characters?
Luân Ngô: Players can upgrade their warriors for better stats. As the game grows, we will introduce the Equipment and Pet system which will directly affect the power of your formation.
Q6 from Telegram user @NAZMP2 When will The Wasted Land release a mobile and PC version of the game?
Ying Wu: MVP version will be opening up on 20th December this year. Stay tuned! 🥳
Q7 from Telegram user @isabella_blackk I noticed that there are free non-NFT warriors in The Wasted Lands, how will these warriors benefit from DeFi features in the game? Will non-NFT warriors be able to win prizes or play without connecting a wallet?
Luân Ngô: Free warriors can also be upgraded, so that they will get stronger and earn more rewards (items, token) as players progress through the PvE. Probably when free players feel that they know how to win in this game, or when they locked income enough for the first NFT, they won’t hesitate to join our game as NFT players.
Q8 from Telegram user @captainprice111 How do I start off strong in The Wasted Lands? Do I need to have an in-game NFT or some local coins to play The Wasted Lands?
Luân Ngô: A good tip to start strong is to have a great formation that can fight others in PvP. Players can play with at least 1 NFT warrior, and there will only be 3 in a formation.
However, as the game has 3 factions, and multiple roles (Damage Dealer/Tanker/Supporter), it is recommended to have more than 1 formation and be ready for all the strategies.
We were delighted to welcome our guest from MYRA. The AMA took place on November 26th, 2021 and our guest was @themyran!
The total reward pool was 500$ and
was divided into three parts. In this AMA Recap we will try to summarize some
of the most interesting points for you.
Part 1 —
introduction and questions from the
Telegram&Bitcointalk community
Jonah
🏅🎹 | Satoshi Club: Dear Satoshi clubbers welcome to another AMA session
Paul Mont | Satoshi Club: Today we are excited to announce our
AMA session with Myra AI!
Jonah 🏅🎹 | Satoshi Club: Our guest today is @themyran
TheMyran: Hi Everybody!
Jonah 🏅🎹 | Satoshi Club: Hello and welcome to Satoshi club😊
TheMyran: Thank you its great to be here
Paul Mont | Satoshi Club: The pleasure is all ours! 🥳
Jonah 🏅🎹 | Satoshi Club: We are super glad to have you join us here today..
TheMyran: of course, i have been looking forward to it
all week 🙂
Paul Mont | Satoshi Club: Let’s get started with a brief
introduction 🙂
Paul Mont | Satoshi Club: Please tell us more about your
background and also how you got to be involved in crypto.
TheMyran: Of course
TheMyran: I am Brian, AKA TheMyran
TheMyran: I have been working in blockchain for many
years, primarily with build support and implementation of predictive and
behavioural systems
Jonah 🏅🎹 | Satoshi Club: TheMyran is actually a cool name. 😎
TheMyran: unlike most people, i didnt hear about crypto
off the back of other conversations or on the news
TheMyran: i actually had an opportunity to read Satoshi’s
whitepaper before I even understood the gravity of what it would become
TheMyran: but the seed was planted, and while I tiptoed
around crypto for many years
TheMyran: it wasnt until many years later i had my first
opportunity to assimilate!
TheMyran: and i never looked back, only forward, to
ensure my future was engrained in blockchain
Jonah 🏅🎹 | Satoshi Club: You sure made the right decision
TheMyran: which eventually brought me to meeting the core
devs of Myra AI
TheMyran: and this was my moment, so i took it
Paul Mont | Satoshi Club: We all have had different epiphanies
before really understading and realising the true potential of the blockchain
world 😉
TheMyran: indeed this is true, and Myra AI challenges me
to be better for crypto
TheMyran: i love it, its my passion
Paul Mont | Satoshi Club: And this is great! And brings me to
ask you to get more in-depth with your beautiful introduction 😉
Paul Mont | Satoshi Club: So, what’s your role in Myra and
what are the core concepts and foundational principles behind Myra AI ?
TheMyran: Proudly, I am CTO at Myra AI
TheMyran: Myra AI is designed to take away the risk
incurred by every day traders, and to allow retail/consumer traders an entry
into the market while providing loss prevention in a way that is accessible and
easy to understand
TheMyran: Our platform is designed for mass adoption, at
scale, and to do this, we need to remove the boundaries that set apart free
thinking and fear mindsets
Paul Mont | Satoshi Club: It’s easy to see how, even in a
nutshell, the potential implications could be huge 🚀
Jonah 🏅🎹 | Satoshi Club: Yes I agree with you..any mechanism that will help prevent losses for
everyday traders has potentials
TheMyran: exactly, our ecosystem will be vast, but the
cornerstone, is allowing you, me, john at the bakery, sarah at the barber,
guaranteed profits, free from risk and oppression
Paul Mont | Satoshi Club: Gotta love the premises 🙂
Paul Mont | Satoshi Club: Thanks a lot for the intro
@TheMyran!
TheMyran: of course@!
Paul Mont | Satoshi Club: There are many details that we’d
like to flesh out and learn about Myra AI. Without further ado, if you agree,
we can move to the community questions 🙂
TheMyran: for sure, lets do it
Q1
from Telegram User @cheriemike
MYRA is
said to offer the every day investor access to top tier Crypto Trading AI,
through staking their $MYRA tokens on their investment platform to earn
guaranteed %APY.So can you tell us the minimum% of $MYRA token users need to
stake?How many top tiers are there for users to stake in?How will the staking
tiers work?I also notice that users token won’t be locked until maturity like
in normal staking but that in MYRA such lock are removed and users can have
custody of their funds in NFT.Can you explain how such features works? Thanks
TheMyran: oh nice fleshy question! gimme a sec
Jonah 🏅🎹 | Satoshi Club: Take your time 😁
TheMyran: Cool, so there is no real minimum amount of
$MYRA required to vest into the platform, and additionally, there are no tiers
either. we have designed Myra AI to be accessible for all, this means the
little guy too (until he gets to be the big guy), so we are not restricting
access to the earning potential that our platform provides
TheMyran: also
TheMyran: tokens that are vested by the users are locked
into the NFT which is minted at time of vesting
TheMyran: depending on the vest schedule (which will be
released closer to the platform release date), the APY will also be locked into
that same NFT, the user will hold profits from Day 1
Jonah 🏅🎹 | Satoshi Club: How many vest schedules do you plan for?
TheMyran: When the NFT reaches its maturity, the tokens
(including the profits) are released back into the users wallet, allowing them
to re-vest, sell or hodl as they wish
TheMyran: this is yet to be finalised, the preliminary
schedule has 4, with a custom option in discussion
Paul Mont | Satoshi Club: Brilliant, thank you for the
comprehensive answer 😁
Paul Mont | Satoshi Club: Are you ready to proceed with the
next question or would you like to add something else?
TheMyran: ready friend 🙂
Q2
from Telegram User @victorogb
A
detailed look at your roadmap as made available in your document, suggests the
MYRA intends to go live with some of its core features with the launch of your
AI mainnet, NFT Platform and Interoperability Phase 1. With the current hype
& buzz around these events, may we know the current stages with their
respective development, how successful has the various testing phases been, and
what sort of improved solution will this products offer users in direct
contrast to what is currently available? Also, with the launch of your Phase 1
interoperability and subsequent Bridge to Ethereum/Matic, what are investors
bound to enjoy?
TheMyran: cool, good question
TheMyran: glad to report, the AI Mainnet has already been
up and running for some time
TheMyran: sorry if im slow, my chats get deleted
everytime ^ that happens
TheMyran: oop its gone ok moving on
Paul Mont | Satoshi Club: Don’t worry I’m way slower 😅 please take your time.
TheMyran: The AI was launched on mainnet early to ensure
it could cope with new parameters we added to it, she is constantly upgraded
and evolving so we wanted to ensure we didn’t have to delay other components of
the roadmap rollout to deal with any hiccups if they occured
TheMyran: The vesting platform was scheduled for Q1 of
2022 but last reports are we are likely on road to release early, more details
to be available soon
TheMyran: as such
TheMyran: things brings forward all our other deadlines
TheMyran: we have implemented stress teams to ensure that
as each rollout commences, we are able to address issues in real time, while
still working on the next components
TheMyran: alas
TheMyran: our partnerships have really come through with
strength
TheMyran: these partnerships, such as the one which was
announced with Merkle network for interoperability
TheMyran: allow us to spread the workload between equally
experienced, quality teams
TheMyran: and it has already proven to be effective in
ensuring compatibility
Paul Mont | Satoshi Club: Have you also been involving the
community in these stress tests or is it yet too early to involve users in the
technical testing process? 🙂
TheMyran: once we have completed the first bridge, we
gain access to a mountain of hungry investors, looking to find the easiteast
way to move liquidity onto the platform
TheMyran: little secret (not a secret), the community IS
the stress test
Paul Mont | Satoshi Club: Haha, beautiful!
TheMyran: as we’ve pointed out previously, we are headed
for corporate adoption
Jonah 🏅🎹 | Satoshi Club: Impressive little secret
TheMyran: and as such, we need to prove our model in
large scale, unprecedented and untested consumer environments
TheMyran: after we have completed that (which is right
down the data gathering pipeline) we will be ready for the big pitch
TheMyran: and, Myra AI will be… well skynet lol
Paul Mont | Satoshi Club: Who could give better feedback than
your own community – the best team of bug hunters 😉
Paul Mont | Satoshi Club: Haha, Skynet didn’t end well though
lol
Paul Mont | Satoshi Club: At least for mankind 😁
TheMyran: haha
Paul Mont | Satoshi Club: Crystal clear, thank you for the
in-depth answer 😉
Paul Mont | Satoshi Club: Next question is homing in 🚀
Jonah 🏅🎹 | Satoshi Club: Oh yeah
Q3
from Telegram User @Highpee
The MYRA
token has a supply of 10,000,000,000 and 2.5% of this is reserved for
insurance. Can you explain how this insurance fund will be used to protect the
interest of your users and the type of situation that can trigger its access?
Apart from reserving fund for insurance, are there any plan for external audits
or external insurance partnership, in order to create a secure and formidable
protocol that will ensures investors can go about their investment activities
with less worry?
TheMyran: ok, while the Myra AI provides us with
risk-free investing, we would be stupid to assume that risks do not exist at
all, malicious attacks can happen at any time and we need to be certain we can
provide users with their $MYRA while we take on the burden of recovering any lost
funds on their behalf
TheMyran: Audits are constantly and randomly scheduled
internally as part of our structure to ensure there are no risk of breaches and
while we cannot allow external audits to occur at this time due to the
proprietary nature of the AI, we are in talks with external audit providers for
all smart contracts that will be in use for the rest of the ecosystem
Paul Mont | Satoshi Club: Safety is indeed a very felt concern
in the crypto space.
Paul Mont | Satoshi Club: It’s really great and relieving to
read that you’ve aptly anticipated the issue and are proactively taking care of
that 🚀
TheMyran: Absolutely!
TheMyran: Once we are certain our legal teams can ensure
the IP of our AI is iron clad protected, we will move forward in the best way
for the community
Jonah 🏅🎹 | Satoshi Club: So mailicious attacks are the major events that triggers access to your
insurance reserve?
TheMyran: correct 🙂
Jonah 🏅🎹 | Satoshi Club: Do you have a way of ensuring. This insurance reserve never runs
out..let’s say an event happens and a huge portion of the reserve fund is used
to cover users losses
Jonah 🏅🎹 | Satoshi Club: And then another happens and only a small portion of the reserve is left
TheMyran: indeed 🙂
Paul Mont | Satoshi Club: Very logical and fair 😉
TheMyran: as part of our fee structure, part of the fee
is allocated to the insurance wallet automatically, the reserve/insurance
wallet will continue to grow in size before (never) needing to be used 🙂
Jonah 🏅🎹 | Satoshi Club: I like the “never” shows your confidence in the security of
MYRA 👏
Jonah 🏅🎹 | Satoshi Club: Q4 from Telegram user @Ajpaa
Myra’s
proprietary AI simplifies trading and guarantee, zero risk profits. The system
is said to be backed by mountains of data, perpetually collected and analysed
not only focuses on historical market information or technical analysis but
also integrates real-time data behind market psychology. How does the Myra’s
deep learning work to guarantee safety of investors fund and provide zero risk
profits? What kind of technical analysis tools do you use and how does your
integrated real-time data behind market psychology work? What are your source
of data for this deep learning and how do you ensure that the data fed to the
AI are correct, reliable and trustworthy?
TheMyran: great question
TheMyran: firstly, Myra AI does not exist in one place,
she exists in multiple places at the same time
TheMyran: Myra uses data checking techniques, that track
both ‘live’ and ‘inactive’ inputs
TheMyran: checking and cross-referencing the data inputs
for accuracy to the predicted results
TheMyran: and does this against herself in real time
TheMyran: meaning that Myra can choose her information,
based on real-time accuracy fluctuations
Jonah 🏅🎹 | Satoshi Club: Re-training it self at the same time
TheMyran: which is critical for staying current with
market psychology
Jonah 🏅🎹 | Satoshi Club: What are the sources of these data inputs?
Paul Mont | Satoshi Club: You’ve aptly anticipated my question
mate 😉
TheMyran: far-ranging and deeply imbedded with NDAs
TheMyran: for the time being anyway
TheMyran: ill add
TheMyran: interestingly enough, watching her in real-time
analyze social feeds of humans shilling to humans, and tracking (yes tracking)
the level of engagement based on these interactions is awe inspiring
TheMyran: and scary
Jonah 🏅🎹 | Satoshi Club: If they are reliable sources.. This is indeed a great idea.. this days a
lot of people steal data sources especially competitors. 😉
TheMyran:… skynet 2.0
Jonah 🏅🎹 | Satoshi Club: Super cool I must say..
Paul Mont | Satoshi Club: You mean that we humans are scary
when we try to shill to other humans, right?
TheMyran: our data partnerships are under lock and key at
this time, and may remain so for the foreseeable future, but access to it has
not come cheap and it proven itself reliable data to feed Myra AI since 2018
Paul Mont | Satoshi Club: Cos I wholeheartedly agree😂😂
TheMyran: haha yes we are
TheMyran: she knew about Safe(something something) before
it mooned….
Paul Mont | Satoshi Club: Gotcha! Thank you very much, this is
very exciting indeed! 🔥🔥🔥
Paul Mont | Satoshi Club: Wow…
TheMyran: yup
TheMyran: facebook / twitter = scary data
Jonah 🏅🎹 | Satoshi Club: She definitely is a genius
Paul Mont | Satoshi Club: By the way, just out of sheer,
personal curiosity before we move to the next question: why did you give her
the name “Myra”?
Paul Mont | Satoshi Club: Is there any particular reason or
reference?:)
TheMyran: Oh i CANNOT SAY! but please someone remember
this question and ask again, there is a certain team member who would love to
tell the story… 😅
Paul Mont | Satoshi Club: Haha, I will remember don’t worry.
Next time you’ll come back to Satoshi Club with even more exciting news I will
also remind you to bring that team member along 😉
TheMyran: oh its on!
TheMyran: literally just for that one question ahah
Paul Mont | Satoshi Club: Haha 🤣
Paul Mont | Satoshi Club: Actually I’m truly super excited
with what you’ve been sharing with us so far, so I expect a even more exciting,
amazing features & announcements to come in the very next future 🔥😁
Paul Mont | Satoshi Club: In the meantime, beautiful answers,
thank you @TheMyran!
Jonah 🏅🎹 | Satoshi Club: The answers are clear enough, and well clarified
Paul Mont | Satoshi Club: Next question’s topic: the sharding
protocol 🙂
Jonah 🏅🎹 | Satoshi Club: And here it is🚀
TheMyran: love
Q5
from Telegram User @iceVermithraxx
The Myra
AI NFT Marketplace welcomes a unique mechanism called Myra AI sharding
Protocols And this protocol will allow user to sell part of their NFT which is
in vesting within the MYRA marketplace. using the sharding applications, users
can split their NFT into fractions of the original Yield and sell some
fractions, and Sharding applications will go live by Q2 2020. Can you please
elaborate more this sharding protocols and how this splitting of NFTs is done?
are there going to be any fees for users to be able to access and use this
sharding application? and lastly What benefits does sharded NFT bring to the
both the Buyers and sellers?
TheMyran: this right here gives me the goosies
TheMyran: so firstly ill add that the protocol is right
on track for its intended (if not before) roll out
TheMyran: now onto the fun stuff
TheMyran: We at Myra AI believe that all investors who
stake/vest their tokens onto a platform should remain in custody of those
tokens for their own safety and peace of mind
TheMyran: BUT
TheMyran: we understand that the majority of
retail/consumer investors may sometimes over leverage themselves into positions
they need to later take capital from
TheMyran: and with other traditional vesting options,
they end up at a disadvantage when calling out the position
TheMyran: the sharding protocol allows holders of the NFT
to split the NFT into fractions, allowing them to keep a portion for themselves
(with its respective APY) and sell the rest on the NFT marketplace
TheMyran: at a profit
TheMyran: they split into 2 shards keeping 50% selling
50%
TheMyran: there are gas fees involved with sharding, but
no platform fees until a shard (or whole) NFT is sold
Paul Mont | Satoshi Club: That’s an ingenious way to make the
investment practically liquid and also convenient!
TheMyran: YES! so in an example i have used before
Paul Mont | Satoshi Club: Absolutely clever guys! 👏👏👏
TheMyran: Paul put $5000 into a vest (minted an NFT worth
$7000) and say 4 months later needed to pay for car repairs and couldn’t find
money anywhere else
TheMyran: instead of pulling his whole vest early
TheMyran: he can shard his NFT
TheMyran: into say 80/20 split
TheMyran: keep the 80% and sell the 20% split to cover
the car expenses
TheMyran: so users can do custom percentages to set for
their needs
TheMyran: and STAY IN PROFIT
Paul Mont | Satoshi Club: Very clear example – and a great way
to employ one of the many advantages that NFTs can bring about!
Paul Mont | Satoshi Club: Hahaha😂
Paul Mont | Satoshi Club: It is! Wonderful design! 🤩
Paul Mont | Satoshi Club: Great, great! Thank you very much
@TheMyran!
Paul Mont | Satoshi Club: This is the last question for this
very first part of the AMA, then we’re heading into the LIVE part of the
session.
TheMyran: oh wow cruising!
Q6
From Telegram user @DK177
It
caught my attention that you offer an interesting feature called “bonus NFT”.
According to the description, a bonus NFT is minted to the holder at the
maturity of every MYRA AI NFT. What kind of NFTs you offer as bonus NFTs? Can a
user decide which NFT he wants to receive as a bonus? How do you determine the
value of the bonus NFT? Is the value of that NFT similar to the value of the
expired NFT? Please explain whether a user should hold the bonus NFT for a specific
period of time before selling it. At the maturity of the bonus NFT, do users
get another bonus NFT?
TheMyran: rightio, so firstly ill add here that the Bonus
NFT that has been discussed is primary to the vesting opportunities of the
platform.
TheMyran: there will be others related to other areas of
the ecosystem, announced all in due time
TheMyran: now
TheMyran: as to the Bonus NFT
TheMyran: This is awarded at the expiry of the vested NFT
TheMyran: this occurs automatically
TheMyran: and is sent directly to the holder
TheMyran: this equates to a boost of 1% guarantee towards
their next vesting
TheMyran: now
TheMyran: some more magic
TheMyran: users do NOT have to use this NFT
TheMyran: they can sell it on the marketplace
TheMyran: and other users looking to boost their next (or
first) vesting
TheMyran: can add these Bonus NFTS
TheMyran: stack them if you please
TheMyran: to a maximum of 10
TheMyran: giving them the opportunity to earn a whopping
50% guaranteed APY
TheMyran: granted, this would be no easy task
TheMyran: and would be for the savvy investor
TheMyran: alas, the word BONUS carries its meaning
Jonah 🏅🎹 | Satoshi Club: I love the idea
TheMyran: sorry for splitting that up in a dozen
messages, I’m really excited about the stacking haha
Jonah 🏅🎹 | Satoshi Club: Your answers are well articulated
Paul Mont | Satoshi Club: Lol, I could sense that and I love
all the magic (of course backed by brilliant efforts) you’re introducing to us 😁🤩
Part 2 — live questions from
the Telegram community
Q1
From telegram User @slla1112
What is Myra’s different and strong advantage over
its competitors? As a new crypto user, why should I choose MYRA?
TheMyran: Myra AI, has no competitors that can offer what
we have built. We take away all the need for trading and remove risk for the
everyday investor. In return, we guarantee a minimum of 40% APY. Myra was built and launched in 2018 and has
years of results that cannot be matched by any other project to date.
Q2
From telegram User @Ratash97
Is there
a minimum of investment needed to mint the NFTs and can users unstake their
NFTs at anytime ?
TheMyran: there is no minimum, just be mindful the gas
fees (which are not exorbitant)
users may
un-stake at their leisure, details of the vesting schedule and APY earnings
will be released closer to the platform release
Q3
From telegram User @cly_de12
Your
team is private, according to what I’ve read. Why do you chose to keep your
team private?
TheMyran: We are happy to announce we have completed KYC
verification through Assure KYC. details of the core team members will be
released sporadically as each member ceases contractual obligations with
existing commitments
Q4
From telegram User @Tahsinahmett
Is Myra
suitable for hard earners who are afraid of crypto’s volatility, looking for a
safe chance to win?
TheMyran: thats easy, yes, yes indeed. i think of boomers
and the complexities that existed with onboarding for everyday
telecommunication and internet use. at first it was all scary and not to be
trusted, but with time, practice and patience, even my own mum could google
(yes that was actually a milestone for her).
We have a
website, links will be provided below, YouTube is not on the cards at this
stage. please do follow our TG and Twitter for the most up to date
announcements as they occur regularly and are usually of great importance to
the community and project as a whole
Q5
From telegram User @hkfboh
TheMyran: NFTs are more than just jpegs on the internet,
we at Myra AI are bringing DeFi NFTs to the world in a way that benefits the
broader NFT community. As to the Metaverse and Games, these are things not to
be overlooked. I often think of the movie ‘Ready Player One’ and liken what we
are building to many of the concepts in that film. We have already announced a
partnership with Crypcade, and as the timeline allows, we will announce several
more partnerships in the pipeline relative to bring our Meta/Game ecosystem to
life
Q6
From telegram User @Ajpaa
Myra has
been built on the Binance Smart Chain giving it unprecedented scalability, also
enables Myra to Supports ERC-1155 and ERC-721. To achieve Interoperability, did
you build your own bridge or secured a partnership to bridge primary
blockchains? What is the reason why you choose the ERC-1155 and ERC-721
standard over ERC20? What benefits/advantages does ERC-1155 and ERC-721
standard offer that makes Myra platform to leverage and use it? Thank you.
TheMyran: We have recently announced a major partnership
with Merkle Network who will be providing services to allow us to bridge to
other primary blockchains. The ERC1155 token standards allows us flexibility
when creating NFTs for use within the ecosystem, it is the best of both worlds
Q7
From telegram User @Gemshunter22
Is $MYRA
listed on cmc ? What is the official contract address of token and have you set
any slipperage or taxes rate?
TheMyran: $MYRA is indeed listed on CMC
the
official contract address is: 0x5cd7d317d9cb4d46ff0b4f6a20d9547069fe0f27
Slippage at
1% will work dependant on DEX activity
Q8
From telegram User @Rakshhitx5
Hey ✨🙋♂
In
Tokenomics, You have allocated 12.5% of Tokens to rewards. So how I can get
those rewards? Will you run a Airdrop campaign or you will give to the long
term holders of the Token?
Can you
please give info on this?
TheMyran: Come and join our community, follow our socials
and TG and keep an eye out for reward opportunities. we released one just a few
days ago as we announced our partnership with DeFi Wizard. users who
participated in lp staking with their $MYRA are (at last check) enjoying over
1100% APY on this introductory offering.
Q9 From telegram User @Chrisboy5
Can you briefly
describe Myrai’s NFT shrading protocol? What are the advantages of using your
platform to shrad?
TheMyran: GLOBAL!
we are
spread out across this blue ball, I am currently in AussieLand and enjoying
wet, hot weather. We employ team members across all departments in 6 different
continents so far 🙂
Q10
From telegram User @jirencrypto
I read
that for MYRA you will need three things: A virtual reality headset for
immersion, stable Internet connectivity and imagination. How important is the
use of this virtual reality headset? Is it really determinant to enjoy a
pleasant and safe user experience?
TheMyran: A VR headset will be required for true
immersion into the metaverse when it is live. however, users are not limited to
virtual engagement and there will be an abundance of GameFi / P2E applications
available as part of the ecosystem.
Part 3 – Quiz
Results
In the final part we tested your knowledge in terms of Myra AI. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.
