Internal AMA Summary 2022/05/21
Q&A Session
Q1. Can you tell us why you chose to develop games in 2D?
A. First, because the game as it exists today began with pixels.
And the first games that our development team touched were games that used pixels.
2D games with pixels are the origin of games, and they are also our origin.
Also, with 2D games, game development can be done relatively quickly, reflecting user feedback.
Trying to develop a very high quality game using 3D takes a great deal of time and money.
Therefore, we develop games in 2D.
Q2. What is the CryptoQuest game about?
A. First, players must first open the loot box, as a character is required to play CryptoQuest.
From the loot box, a character of a random class will appear.
The party will consist of four characters, and together with these characters, the adventure will proceed.
Basically, while advancing through the main quest, players will level up their characters, obtain weapons and beasts to strengthen them, and move on with the storyline.
Once you get used to the game, you can challenge labyrinths, PVP, join guilds, and enjoy various other contents.
Q3. What makes CryptoQuest different from other BCG?
A. Unlike other games, CryptoQuest is not a ponzi scheme.
As mentioned earlier, most BCGs in existence today are ponzi schemes.
Ponzi scheme games raise the price of tokens rapidly when they become a hot topic, but at the same time they will crash in an instant.
Only the management of the game and those who entered the game first will benefit greatly, while those who joined later will have a huge loss.
We believe that these are not real BCGs.
BCG is essentially a game and something to be enjoyed.
We believe that BCG is not just a money game, but a way to make money while having real fun.
And we are proud to say that we can develop BCG in the true sense of the word.
Also, while most BCG today are one-person games, CryptoQuest is an MORPG, which means that you can play the game with other players.
Being able to cooperate with other players, such as guild members, is one of the most exciting aspects of game.
This is what sets CryptoQuest apart from other BCG in that it allows players to enjoy the game the way it was meant to be played.
Q4. Can you tell me how to get the tokens in the game?
A. CryptoQuest has two main tokens: $METAD and $QUEST.
$METAD can be obtained by conquering important in-game quests, defeating boss monsters, winning PVP, or by purchasing them on the exchange.
In addition, Soul obtained by defeating monsters can be redeemed for $METAD at the guild.
$QUEST is a Governance token and can be obtained by depositing $METAD to the Guild Bank.
It is a special token that allows you to receive revenue from Crypto Quest Metaverse depending on the token amount you hold.
Basically, you get $METAD while playing the game and then deposit the $METAD you get to get $QUEST.
Q5. What is the use of tokens in the game?
A. $METAD is used to purchase loot boxes and are needed to play content such as Labyrinth and PVP.
$QUEST is not something you consume, but it is a very important token that, when held, allows you to receive a portion of Crypto Quest proceeds.
Holders of $QUEST receive a portion of the in-game revenue.
In other words, the more people play the game and the more $METAD is spent, the more ongoing rewards you will receive just for holding the tokens.
This is an attractive mechanism that has not been seen in BCG to date.
Q6. Is there a specific token burn mechanism?
A. We do not burn tokens, but rather structure them in such a way that they are returned to the user.
For example, if you hold $QUEST, you will receive a portion of the game’s revenue based on $METAD spent in the game, etc.
As for the tokens managed by Treasury, we are considering to burn them as needed.
Q7. Can you tell me more about token economics and the treatment of tokens held by the management?
A. For both $METAD and $QUEST, more than 50% is applied to game rewards.
In addition, 10%-20% will be disbursed through NFT staking and other means.
The rest will be applied to game development and promotion.
For the $METAD sold in the presale, 20% will be unlocked initially, and 20% will be unlocked every 3 months.
As for the tokens held by our management, they will be 100% locked up for 6 months, and thereafter will be unlocked by approximately 3.33% each month.
Ultimately, all locks will be released after 3 years.
Q8. Will there be any futher releases with new NFT characters, weapons, beasts or lands in the future?
A. Characters, weapons and beasts will be added as needed. As for lands, we are not thinking about them at this time, but we plan to sell NFT ownership of guilds instead of lands.
We may consider implementing lands based on the progress of the project and user feedback.
Q9. When will your tokens be listed on an exchange, and on which exchanges do you plan to list on in the future?
A. Our tokens will be listed on Raydium, the DEX of the Solana chain, in Q3.Listing on the CEX will be considered as the project progresses.
Q10. Is your schedule going well? When is the next big move?
A. Generally on schedule, but there have been some delays.
The next major events are the Lootbox sale and NFT mining.
Q11. I heard that the NFT lootbox is scheduled for the second quarter of 2022. Do you have a specific date?
Q12. I would like to know the specific dates of the start of the lootbox, NFT staking, and the date of the MetaD listing
A. We do not have a definite date yet, but the Lootbox will be available for sale around the end of June.
NFT mining is expected to begin around July-August.
We will make an announcement when we have a more detailed date, so please wait a little longer.
Listing on Raydium is scheduled for Q3.
However, as you all know, the market conditions for cryptocurrencies are not very good right now.
Therefore, we may change the timing of the event depending on the situation.
Q13. Do you have any alpha testing in mind before releasing a game? What are the conditions for participation?
A. We do plan to do some closed testing before releasing the game.
As for the test play, only those who are selected in a lottery will be able to participate.
Q14. I would like to know if we can get NFTs for free? If not, how much is the minimum investment in order to play it? Thank you!
A. We will be doing an NFT Giveaway after the Lootbox is released, so if you win there, you will have a chance to get NFT for free.
The exact price to start the game has not been determined yet, but it will be around $500-$1,000.
🎁About Lootbox🎁
As We answered in the previous question, Lootbox will be released around end of June.
As for the price of Lootbox, this is the current plan.
- Character: $300
- Equipment and Beasts: $30-$50
You will need $METAD which is equivalent to the above prices.
You can also purchase with $SOL, but the price will be 10% higher than $METAD.
These are current prices and are subject to change in the future.
Lootbox will be sold in multiple installments.
Each has a limited number of pieces, so if you want to get your hands on a NFT, be sure to get yours as soon as possible.
🔨About NFT mining🔨
NFT mining is expected to begin around July-August.
NFT mining rewards you for staking characters, equipment, and beasts.
Each NFT is assigned a power, and the higher the total power of the NFT staked, the more rewards NFT mining offers.
The higher the rarity of the NFT, the higher the power.
It is also possible to stake multiple NFTs.
Staking is done in sets, and one set consists of the following
- Character x 1
- Beast x 3
- Equipment x 8 (for each part)
It is possible to stake multiple sets like this.
Once you have the NFT, perform staking and earn rewards.
🔷About NFT Marketplace🔷
We plan to open a NFT marketplace after we start NFT mining. Release is currently scheduled for Q3 2022.
The UI design for the NFT marketplace is currently being created and will look something like this
These prices, designs and specifications are current and subject to change.