AMA With Gamify Club|| Nov-09–2021
David: Co-Founder of GamifyClub have taken AMA in Crypto Avengers TG Channel and helped to know about GamifyClub in detail. You can check full session details below.
Crypto Avengers: Hi @NgDavid1, Welcome to Crypto Avengers Community, how are you doing?
David: Hello @tonystark537 and great to be here to meet your wonderful community! I am doing great, although quite busy however now is the time to put in the work with the crypto market going strong and more and more games coming out every day 😎
Crypto Avengers: so our 1st question is please introduce yourselves, your role and your background? And how you discovered crypto?
David: Hello everyone, I’m David and I’m a co-founder of GamifyClub alongside my co-founder Harry. We run a software development company and we have already been building some of the base of the products. In particular, we have a friend who manages a number of scholars for his own guild and approached us to help with the development. This gave us insight into the growing Metaverse world, and we were very excited because we are also lifelong gamers! Crypto specifically was something I have been exposed to since early 2017 when the first ICO boom started.
Crypto Avengers: Wow you have a very strong background…👍🏻
So our next question is what is GamifyClub? Can you explain GamifyClub in layman terms?
David: We are building the all-in-one hub for the Solana Metaverse. What this means is that we are building an ecosystem of products servicing the growing GameFi ecosystem — including a Metaverse Marketplace, Guild Management System and Game Launchpad.
Metaverse Marketplace — Bringing the Steam marketplace to the metaverse. Allows players & speculators to trade gaming NFT items in a deep liquidity pool, with buyers and sellers across different game titles
Guild Integrator — A purpose built control centre for guilds and those running scholarship programs. Players will be able to find new guilds across a number of games to join and take part
GameFi Launchpad — Get early access to new play-to-earn game launches, GameFi projects and loot drops
Crypto Avengers: Our next question is what was the inspiration behind starting GamifyClub?
David: We picked the name GamifyClub because it reflects what we want to create — a club for ALL sorts of people interested in the Metaverse and blockchain gaming to come together in one single place. The products we are building will help grow the ecosystem, and is more than just another launchpad. The long-term vision is to be the first place that anyone goes to when they want to get started as a player, investor, a guild or even as a game in any of the new games within the Solana Metaverse.
Crypto Avengers: our next Question is can you talk about team behind GamifyClub? What’s the team size and how many developers are involved?
David: Sure we are an anon team with 2 founders (but we have been doxed by Intersola and will undergo KYC to users have certainty) and a team of about 7 developers. As to our abilities, we are proven experts in developing great software products. This includes working for all kinds of corporate businesses but also for startups including some working in blockchain. Rust devs are hard to find but we are glad our developers already have this ability. Our platform requires three main pieces to be developed to ensure token holders get the most value, and we are confident that our ecosystem will be complete in Q1 2021.
Crypto Avengers: Awesome you have pretty big team 😃
Our next question is what are Current features of GamifyClub?
David: At a very simple level, our platform will have the following products and features:
Metaverse Marketplace — Trade (or invest in) NFT items, as well as launch your NFT’s with in-built royalty systems
Guild Aggregator — Manage or participate seamlessly with play-to-earn yield guilds
Game Launchpad — Be the first to find and invest in the hottest new games
The launchpad will be the first product to release, which will be later this month to coincide with our upcoming project launch! We are happy to be launching with a working product. The next product to launch will be our guild management tools which will ultimately be an extremely useful tool for guild managers to use to manage their scholars — this is a problem we hear time and time again from our guild partners.
Crypto Avengers: our next Question is Do you have competitors building something similar to GamifyClub?
David: There are quite a few competitors popping up in the GameFi space as the sector is quite hot at the moment. They typically are focused on one part of the ecosystem for example just being a launchpad or just a marketplace.
We decided to build an ecosystem of products, as by focusing on solving the needs of all the different stakeholders, we are able to create a network bringing together players, guilds, game developers & investors, in one place!
Introducing our token was another way that we can attract users as our token entitles you to a percentage of fees coming from all of the products within the ecosystem. So you get the benefit of the network effect, with the incentives causing an increase in users, which in turn increases the value of the utility within the ecosystem, which in turn increases users etc.
Crypto Avengers: our next Question is How Does GamifyClub Work?
David: GamifyClub is a single place for play-to-earn players, guilds, investors & projects to come together in one place to manage, discover & maximise their experiences with play-to-earn games. The benefit of this is that we are able to sell services across all various groups of users, which in conjunction with our token, result in an overall better experience for everyone.
Players — Participate in guilds to enhance your earning potential, tap into the liquidity of hte marketplace to reap the spoils of your efforts, and find the hottest new games before they release.
Guilds — Manage and administor your guild using our guild management tools (no more spreadsheets, attract new players to your guild
Investors — Be the first to support and take a slice of the hottest new play-to-earn games in the Solana Metaverse
Projects — Access an engaged audience of players, guilds & investors to give your project the greatest chances of success
Crypto Avengers: Our next question is can you talk about what’s the current status of the GamifyClub project? Any upcoming major milestones?
David: Development of the launchpad is in its final stages and we are currently undergoing testing, with this releasing within the last 2 weeks of November. We will also be holding our Public Sale through a whitelist lottery that can be found over at: https://twitter.com/GamifyClub/status/1457680774673559554
Crypto Avengers: our next Question is can you please talk about partners, investors and advisors of GamifyClub?
David: We are lucky to have a strong list of backers on board including: Dutch Crypto Investors, Oracles Investment Group, CryptoAvengers, Legion Ventures, Fairum Ventures, FishDAO, ARKN Ventures, Vespertine Capital, Big Brain Holdings, CryptoKudasaiJP and many others. In terms of other partners, we have a number of media partners on board including Solana Army, and a number of GameFi partners that will be rolling out starting tomorrow.
Crypto Avengers: Our next Question is Can you please talk about The Gamify Ecosystem?
David: Our ecosystem will need a critical mass of users in order for us to create value in the token. The number one focus will be to drive as many users possible to ensure that we lock in the network effect. What this means is that the more users we have, it has an even bigger proportional impact on the value of the entire platform. This is because token holders of $GMFC will get a share of fees that are spent across all parts of the platform. If you’re just a player who holds a bit of $GMFC, you will benefit from the launchpad fees paid by game projects as well as from serious Metaverse NFT traders on the marketplace or the fees paid by guilds.
Crypto Avengers: Our next Question is Can you please talk about The GAMEFI LAUNCHPAD?
David: Our launchpad makes sense as the first product for us to launch as our public sale users will be initially engaged in our ecosystem from day one. This made sense to us more than using an external or third-party launchpad as we expect this will increase users trust in us by showing that we can execute. More details as to how the launchpad will work will come soon, but we are taking best practices from other launchpads we have worked with, but over time we expect to bring some real innovation to the gaming landscape, for example integrating NFT launches.
Crypto Avengers: Our next Question is can you talk about GMFC token token and its utilities?
David: Our ecosystem will need a critical mass of users in order for us to create value in the token. The number one focus will be to drive as many users possible to ensure that we lock in the network effect. What this means is that the more users we have, it has an even bigger proportional impact on the value of the entire platform.
This is because token holders of $GMFC will get a share of fees that are spent across all parts of the platform. When you stake $GMFC for rewards, you will receive a share of fees from ALL of the platform products, regardless of which you are participating in. If you’re just a player who holds a bit of $GMFC, you will benefit from the launchpad fees paid by game projects as well as from serious Metaverse NFT traders on the marketplace or the fees paid by guilds.
Marketverse Marketplace — Sale fees are generated per transaction, this may be in SOL or GMFC (similarly item listers can elect to list their NFT using GMFC as a token pair)
Guild Aggregator — Guild owners pay fees in GMFC to use the integration management tools
Game Launchpad — Fees are charged as a percentage of each pools sale. Tokens will also be needed to take part in launches and vote on whether permissionless pools are accepted
Crypto Avengers: Ok we are done.
Now let’s proceed with the community Questions Are you ready?
David: Yes ready to go!
Crypto Avengers: The Room is yours @NgDavid1 Take your time in going through the questions and please pick the 5 best questions for you to answer 🦉
Crypto Avengers Community: Do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?
David: Token burns are not currently planned. We plan on increasing token value and attracting further investors by distributing a large portion of the fees generated by the many products within our platform ecosystem. Users who stake to get benefits from one product are able to benefit from for example guild masters using the guild management tools or investors in the launchpad.
Crypto Avengers Community: Can you share your opinion about Defi & NFT? What makes your NFTs rate and special?
David: We’re excited by the possibilities that this offers, and is the reason why we got interested in the first place. The intersection of NFT and Defi has meant that you are able to bypass the financial system, which is in-line with the original reason defi came to exist. This brings more power to users of products taking advantage of NFT’s such as Metaverse games. Over time we believe that gaining a very large amount of users will allow us to offer more defi-related services, hence the emergence of GameFi. Play-to-earn players are often coming from countries that are historically underbanked for example the Philippines. We will be able to service this in the long-run, which has a huge potential userbase.
Crypto Avengers Community: Many projects are only focusing on the price of their tokens in the market but not on the utility of the tokens, and can your tokens deliver real value in the world?
David: The utility will be baked into all products in the ecosystem. But the primary one that brings it all together is that token stakers get a % of fees from all parts of the ecosystem. So if you are interested in just one part, you still get the benefit from the whole club!
Because of this, the number one focus will be to drive as many users possible to ensure that we lock in the network effect. What this means is that the more users we have, it has an even bigger proportional impact on the value of the entire platform.
Crypto Avengers Community: HELLO Ceo Gamify @NgDavid1 🌸
I’m surprised that Gamify is the all-in-one hub for the SOLANA metaverse, but can you tell me what are the benefits of being energized by Solana? Are you only exposing games belonging to the Solana network or are you exposing all kinds of games? And are you planning to add to the AVAX network?
David: Solana was picked as we see it being the next big platform for play-to-earn games, and the Metaverse is growing every day. Whilst Axie Infinity is by far the biggest play-to-earn game, Solana in particular is seeing the launch of the next hot projects — for example Star Atlas and Aurory which have taken the crypto world by storm. We need to be where the best game projects are, and right now this looks like Solana. The low fees and great developer support are probably the biggest benefits we see.
But the platform itself, can be used in a lot of ways by games that are outside the ecosystem, through things such as bridging. We also have our eye on the growth of AVAX, and will react accordingly.
Crypto Avengers Community: What is your advantage over other projects? Is it from a security point of view or the technology you are using? Or are there other advantages? What makes you believe that your project is worth choosing?
David: The products we are creating a very important as play-to-earn games become more popular. Axie Infinity which as a Scholar system, has led to the rise of Guilds which support players who cannot afford to start in the game. Games also need quicker ways to market, and by tapping into an audience of engaged gamers and investors they are able to get off the ground with an audience of players ready to go. And of course, the marketplace solves the problem of needing a way to easily trade items to lock in their gains or simply try and get a leg up.
In terms of why we have a competitive advantage:
1. Our competitors are often specialising in only one product. We want to create a single place where users can go for all their GameFi needs. This will create the network effect as more users mean more value in the platform which in turn attracts more users.
2. We aren’t seeing a lot of guilds right now focusing on Solana. This is a key feature which we are hoping to really focus on making huge.
3. Our GMFC token will let you receive a share of fees from ALL parts of the platform regardless of which you actually use. This means there will be a positive value loop for the GMFC token which will see it grow very strong
Thank you for the great questions, I hope they added a lot to your understanding 😀
Crypto Avengers: Cool, Is there anything you want to add before we close this AMA?
David: First of all I just want to thank you for having me, and to the community for your support so far. Please join us over at t.me/gamifyclub to find out more about us!
We also currently have our public sale whitelist open (until next Monday): https://twitter.com/GamifyClub/status/1457680774673559554
So join in to get a chance at a whitelisted entry into our public sale later this month on our own launchpad 🚀
Crypto Avengers: Thanks Everyone! Please support GamifyClub Guys!!
Thank you @NgDavid1 for your wonderful time with us!! We learnt more about GamifyClub from you today.
David: No problem, I look forward to speaking with you all again!
Crypto Avengers: definitely mate stay safe, bye bye @NgDavid1 have a nice day!!
Crypto Avengers: Guys follow below channels for more updates!
GamifyClub Website (http://gamifyclub.com/)
GamifyClub Telegram (http://t.me/gamifyclub)
GamifyClub Twitter (https://twitter.com/GamifyClub)
Crypto Avengers Channel Links:
Discussion Channel: https://t.me/ImCryptoAvenger
Announcement Channel: https://t.me/HiCryptoAvengers