RECAP #AMA583
#AMA583
CryptoFury Community x GuildFi
⏰ Time: Dec 1st , 12:00 PM UTC
💰 Giveaway : 300$
💎 Place : https://t.me/CryptoFuryVN
Question for Part 1- Project overview:
1.Could you please introduce yourself and GuildFi?
GuildFi Intern:
I’m GuildFi Intern, the marketing lead for GuildFi.
GuildFi is the interconnected Web3 ecosystem of games, NFTs and communities, with an aim to maximize players’ benefits and enable interoperability across the Metaverse. Your journey at GuildFi allows you to discover games, select guilds of choice, utilize gaming tools, and boost yields which are based solely on gamers performance and engagement across different games in the Metaverse.
2.Burning of tokens is the Best Thing for Controlling The Price Of The Token And reducing the supply. So, Do you have any plan of burning tokens?
GuildFi Intern:
We are currently deciding between buying the tokens back and distributing it amongst the community members or buying and burning the tokens.
3.Are there any benefit by holding your token, for example any reward or incentives? Are there any benefit by holding your token, for example any reward or incentives?
GuildFi Intern:
By holding our tokens and staking them, in addition to the yield, you will have exclusive access to many features such as MetaDrop in which you can get early access to NFTs or tokens from our gaming partners. Stakers will also have access to our gaming tools, which are things such as analytics and more designed to make players have the best experience in the GameFi industry.
Part 2: Pre-selected questions from our community
1.How is GuildFi in terms of financing to continue the development of the product and establish new partnerships for years to come?
GuildFi Intern:
We have raised $6m from our seed funding round, and are raising more with our Token Launch Auction, which runs between 2pm UTC December 1st to 2pm UTC December 4th.
We expect to raise at least $30 million from our auction, which will be used to fund our operations as well.
2.What is your plan for global expansion? At present, which market does GuildFi focus on, or is it focused on building and growing to gain customers, users and partners?
GuildFi Intern:
Although we have a very good foundation in Thailand, scaling to other regions is a big challenge. To overcome this, we are partnering with a lot of local community leaders and making our GuildFi infrastructure useful to their players or their guilds.
We are also actively improving our platform to ensure that it meets the needs and desires of all stakeholders.
3.How secure is GuildFi? How has GuildFi developed technology and security to build GuildFi into a truly secure and reliable platform?
GuildFi Intern:
Security is very important at GuildFi as we understand that we handle a lot of sensitive information from our community members. We have a dedicated back-end team that solely focuses on the security aspect of the platform and we consistently identify new technologies to integrate to the GuildFi platform in order to enhance its security.
4.I am a crypto investor and I only care about prospect of a crypto that I choose, tell me the reason why I should choose your token over any existing one? What is your token advantage that can convince me to change from my favorite token?
GuildFi Intern:
This is NFA, but please consider the following:
Investing in the GF token can be thought of as investing in a proxy for the success of the metaverse. Our token accrues value from:
• Revenue generated from up and coming P2E games
• Revenue generated from Play-to-Earn guilds & scholarship businesses
• NFT sales & IGOs (Initial Game Offerings)
• NFT asset value & the yield produced from different investments
• NFT usage transaction volume
• NFT asset lending across the ecosystem
• Metaverse related project token value
We accrue value across the metaverse, while improving the experience for all stakeholders in the GameFi industry.
5.This is NFA, but please consider the following:
Investing in the GF token can be thought of as investing in a proxy for the success of the metaverse. Our token accrues value from:
• Revenue generated from up and coming P2E games
• Revenue generated from Play-to-Earn guilds & scholarship businesses
• NFT sales & IGOs (Initial Game Offerings)
• NFT asset value & the yield produced from different investments
• NFT usage transaction volume
• NFT asset lending across the ecosystem
• Metaverse related project token value
We accrue value across the metaverse, while improving the experience for all stakeholders in the GameFi industry.
GuildFi Intern:
We have recently completed a seed funding round which we successfully raised $6 million. This was co-led by Defiance Capital and Hashed. With this succesful funding round we also got backing from many other notable investors namely We also received backing from Pantera Capital, Coinbase Ventures, Alameda Research, Animoca Brands, Dapper Labs, Play Ventures, Coin98 Ventures and SkyVision Capital. We have carefully selected our VCs to ensure that we will get support in all areas that we may require.
Along with investors that have been listed above, we also have had many notable partnerships that we have announced already. For partnerships with games we have announced CyBall and Big Time Studios, with a lot more announced imminently. We have also announced partnership with leading crypto exchanges such as Bitkub, Zipmex, Bitazza, Binance NFT. We also recently announced that we were the first metaverse project that was selected to be on Alpha Launchpad.
We are currently working on a lot of partnerships with games, guilds and more which we are waiting to finalize so that we can reveal to the public, so please stay tuned!
Question for Part 3: Guests will choose 5 live questions from members and answer directly in CryptoFury Community
1.Which part of the project are you most focused on right now?
GuildFi Intern:
At the moment we are mostly focused on product development, community outreach and partnerships.
2.How do you plan to spread awareness about your project in different countries where English is not good? Do you plan to develop many communities such as Vietnam, Indonesia, Korea, … about your project so that they can easily communicate and understand your project?
GuildFi Intern:
We have many partners and community members throughout the world. If you look at our demographics, most of our users and community members are from non-English countries. We have VN telegram groups for example, and will continue to create more for our users in the future.
3.Could you please introduce yourself and MVRS?
GuildFi Intern:
What is the most outstanding feature of the platform? Could you clarify the use cases of that feature?
4.What is your revenue model? In which ways do your platform generate revenue/profit?
GuildFi Intern:
One of our main revenue model is from our Guild-as-a-Service, which we make guilds for investors. We take a % cut with no investment, and is a very big revenue source. We also have a treasury which we invest to yield returns
5.To say the success of the project, the core issue is still attracting participants, so how have you prepared marketing to always attract investors and users?
GuildFi Intern:
Before doing GuildFi, the team was mainly community builders in Thailand. We have onboarded millions of users to others’ products already, and have begun to do so with our own product. We already have over 200k users and roughly 40k DAU
6.Truly, you’ve done AMA in many telegram groups, so what next, what other way will you make your project more popular??
GuildFi Intern:
Next is the meme contest! Stay tuned and participate to be able to win some rewards guys :)
7.What is the meaning of your project name? Why did you choose this name for your project?
GuildFi Intern:
We’re a Guild (and guild network), and we’re also a GameFi Platform. Guild+GameFi=GuildFi
8.Can you please share us an overview of token economics, How much is the circulation supply and How many tokens reserved for a team and How much liquidity will be locked for What period?
GuildFi Intern:
To get information regarding the tokenomics please visit: https://whitepaper.guildfi.com/project/guildfi-token-gf/token-utilities
9.Q. Can you explain what are the specialty feature the project have? What is the different with other similar project/ your competitor?
GuildFi Intern:
We are more than just a Guild. Other Guilds just base themselves entirely off the Guild aspect, but we do so much more than that. We’re also a gaming platform that people can receive double rewards, we’re also a launchpad, and we offer so many more things.
10.Do you have plan to add a network like BSC where small transaction fees applies?
GuildFi Intern:
Yes, we are moving to BSC soon, and are considering AVAX, SOL, LUNA
