AMA recap — 0728
AMA : Ideaverse Games Studio X TK Media (PlayToEarnDaily)
Basic Information
Date: Aug 1st ,2022 (Monday)
Time: 11:00 UTC
Prize pool: $100
Venue: twitter.com/PlayToEarnGames
AMA type: Twitter Space
Host: Daley from TK Media
Guest Speaker: Arthur.X — Co-founder
Main content Rundown
11:00–11:03 Part 1: Introduction
11:03–11:40 Part 2: Host Q&A
11:40–12:00 Part 3: Community Q&A
Part 1: Introduction
Kindly introduce yourself to the audience and the project?
Arthur: My name is Arthur, one of the Co-founders and CEO of the Ideaverse Games Studio. Today we are going to introduce our studio and the two of our products on the pipeline that we’re going to introduce to the market in Q3 and Q4 this year. Also, we are going to launch our first ever NFT — the IDV club pass, a utility type of NFT.
Ideaverse Games Studio is formed by three co-founders and we have a background in traditional mobile gaming development. With the support by our VC — Metora, give us great support financially, for the games development. Currently, we have 60+ full-time employees in different professional fields of games development, crypto business and design etc.
Taking reference from my experiences, there are some bottlenecks and limitations from traditional mobile games — the market is saturated and it’s not easy to develop successful mobile games. I think the current situation of gamefi is that the cycle of the game project itself is rather short.
In a way of developing games, we want to deliver games that are fun to play. There are 2 games (beta) going to be released in Q3 & Q4 and in the upcoming 2 years, we will have 2 more, a total of 4 games in our pipeline.
Part 2: Host Q&A
Are you targeting mobile audiences? How does Ideaverse build such quality games that even traditional players would want to jump in?
Arthur: Yes, we have a strategy to target both web2.0 and web3.0 players. There are three key elements.
First, the product has to be fun to play and entertaining, the top priority is to be player-oriented. Secondly is the key to sustainability. Thirdly, the tokens and NFT must have a reserve attached for its values.
Is it difficult to move from developing a traditional game? And now you’re developing blockchain games? any difference?
Arthur: In principle, it is quite similar. We have spent a lot of effort in creating a coexist ecosystem — players can have fun, be socializing with friends with good game experience. Gamers can enjoy the game even without a crypto wallet, and that is what we want to achieve.
What would the play2earn players get? Will they get in-game currency?
Arthur: Yes, in-game currency is designed for gamers to purchase the combat heroes, that to be used for the in-game experience. For example, our SLG games — HOTA requires the combat heroes for battles, and gamers need the in-game currency — $DIAM to upgrade the combat heroes. For play2earn gamers, there is another in-game token depending on which game you are in, and it will be the in-game reward token for play2earn gamers. You can refer to our whitepaper for more information.
What have you done with the game like Horde of the Apocalypse for example to make it aligned with your vision: “Play beyond fun”?
Arthur: To sum up in four points,
First is the fun of the game itself;
Second is the co-exist ecosystems where both sides of the player are entertained and have social elements.
Third is the community oriented, gamefi projects allow an open and transparent environment to interact not only with other players but also to developers.
Fourth is the cross game scene, as the 3rd and the 4th games are an extension from the first two games, NFTs are inter-transferable into other games in the same series and this is never achievable in the traditional mobile gaming market, to create cross game, cross studio and cross platform.
Ultimately, the goal of ideaverse is to become a gamefi platform to connect games, players and games.
The Studio is releasing an IDV Club Pass, what are we going to use it for? What benefits can we get? How many are there? Ideaverse seems to really focus on DAO. What aspects of Ideaverse can investors vote on? And how do we vote basically?
Arthur: At the early stage of the DAO forming, the Club pass will be a limited release to allow actual gamers to have early access to beta tests and as a fundamental community builder — be able to make decisions for games development. Holders will be given the genesis NFT heroes of both HOTA and Fortune Heroes through airdrop.At the later stage, the Club pass holder will also receive $IDVT airdrop linear released in 12 months. More details of the IDV Club class benefits and rights can be found on our website.
The total club pass supply will be 10k but will not be released in one go, at the first batch will be approximately 3000 in 2022 Q3 or Q4 on the Ethereum network. We don’t have a final price but we are thinking of a ballpark of around 500 US dollars.
Can you share your tokenomics as well as use cases of your token $IDVT?
Arthur: You may refer with it in whitepapers too, to highlight, we will provide stacking providing liquidity, community governance vote and breakthrough of the heroes. It is designed to be a governing token of our IDV DAO and there is a burning mechanism to ensure stable growth and maintain value.
What will Ideaverse release next? (Roadmap)
Arthur: For our upcoming plan, we are first going to Issue the IDV club pass and then it will come with the beta of the two products, after that we will launch the governance tokens. In addition, investors know that they are investing in a token that is attached to an actual product. After building the play to earn mode, we will release NFT on the marketplace of both games.
Are there any exciting events for the community to participate in now?
Arthur: We are at an early stage of promoting our project, in the upcoming two months we will be promoting our IDV Club Pass and we will do more AMAs and giveaways. If you are sharing the same value with us, please join our community and share with your suggestions, that is also what we are seeking for right now, contributing ideas may also get the whitelists and more benefits. And for more activities please also stay tuned in our Discord.
Part 3: Community Q&A
LIVE
@Maxwell Investor
How to enter the games? What extra game and NFT features will you provide to investors or users?
Arthur: It depends on which path you want to enter in the games and there’s multiple paths. If you want to contribute to the community at an early stage if you’re purchasing the IDV club pass, you will become our early contributor and your NFT will be automatically added to your wallet and you will have the play to earn experience when the game goes live.
if you want to just participate on the game i will suggest you to join a discord because once the game is released, we’ll of course this discord will be the first channel we announced the link where to download and you can just join the game for free you don’t need to pay anything only if you think that the game is fun to play and you want to distribute or participate further
In terms of the game features, referring to the hotter which is SLG, the game mode will including daily quests and Clans quests like battle quests and building quests and team forming etc. In terms of the NFT, it will provide rewards from the game and it can convert earnings into on-chain tokens, some NFTs like our Meta heroes can also be transferable and allow you to do earnings in-game as well.
@Bravoo_c
How to get into the project and how can I profit from my investment?
Arthur: To participate in our projects, you can choose to purchase our NFTs before or after playing our games that you prefer. When you are playing the game, using HOTA as an example, you will earn in-game tokens, you may sell your in-game rewards into BUSD for example. Depends on your strategy for earning.
FROM TWITTER
@leona_biancaa2
Is your gameplay can be easily understood by all kinds of players especially for those who are relatively new into crypto or just starting out? Can they still enjoy the game even though they don’t really know much about crypto and crypto-related products?
Arthur: We have been spending our professional life in traditional mobile gaming. We know how to create good games and we hope that at this time we create a good product as well, the basis of the whole game is based on the model of a mobile game. It’s very straightforward, if you know how to use an iPhone, you will know how to play the game.
@MichaelBBold
What are your marketing strategies and how do you plan on implementing global adoption? How do you intend on getting more users, community and investments from all parts of the world including non-English speakers and communities?
We have been planning to do our business development and marketing promotion in both directions. Knowing that people who joined our voice AMA on twitters are most likely on the crypto-base so we’re promoting our project through different AMA on different topics, today we are more focusing on the club pass and the studio but we will have more different topics getting prepare regarding on the gameplay and we can go deeper after the beta test has released.
At the same time, we are putting a lot of marketing effort into the traditional gamer side as well which is the advertisement with distributing a lot of more on the entertainment side.
Aiming to be a global project, we see potential in non-English speakers’ markets, such as the Southeast Asia market, such as Philippines, Vietnam, Japan and Korea. Accumulation of population will take time so we are also planning to hire more moderators when more users come in.
@AthenaClutch
As I noticed that ideaverse going to unrevealed two games in 2022 which is HOTA and Fortune Heroes, would you give us more details about more details about these two games game concept earning mechanisms etc.
As before we have talked about more on the HOTA. So, for Fortune Heroes, it will be designed for the fragment times and a monopoly-like game, each game will last around 15 minutes and majority be a P2P game. Using your strategy to purchase more lands, whoever got the highest total number of assets will win.
If you have purchased the NFT, you will get on-chain tokens when you win, you will not spend any energy in-game if you lose the game, you may start another game.
