First Gamerse AMA Recap!!!
We held our first live AMA with our Telegram @GamerseCommunity on 26/12/21 and it went amazing!
MUSH, Community VP
Hey Gamerse community, the wait is finally over and I am very excited to host our first live AMA. Unfortunately, James, our CTO could not attend today. However, I am joined by non-other than our CEO, Khaled Jama!
KHALED, CEO
Hey Mush! I am very delighted to join with my fellow Gamerse community.
MUSH, Community VP
So let’s get started then! Firstly, I would like say about the rules of the AMA. There will be two sessions; first one where I am going to have a detailed Q&A with our CEO and after that we are going to address the top 10 questions chosen from Twitter too. Also we might have other things to follow up as well so don’t take your eyes off for a moment
Let’s firstly address the elephant in the room, there has been a lot of excitement in our community regarding the single-sided-staking followed by disappointment due to the recent delays. Yourself and our CTO offered accountable statements to our community, can you provide us with any further insights regarding the cause of these delays? Can you also tell us about the single-sided-staking itself and why everyone should be excited?
KHALED, CEO
Yes sure, firstly it is with great regret that we have had to delay our launch for single-sided staking for $LFG. We made the decision to delay the staking launch due to an unforeseen inaccurate security audit report. I have made the decision to delay the launch of staking to ensure that we have a safe and secure launch.
Single-sided staking will be worth the wait as we have innovated some cool features for our community. Some insights of what’s to come are:
No minimum stake requirement
Variable APY
An NFT Airdrop (10,000 minimum LFG)
A burn function
Early withdrawal with 30-day penalty
And no lock-up for staking.
Single-sided staking will go live on 12th of January and we will announce more details in regards to APY before launch. We will be releasing a medium article and video tutorial on how-to-stake your $LFG
MUSH, Community VP
Having transparency between Gamerse and its community is a crucial factor moving forward, the more transparency we provide, the better the investment decisions our members would be able to make. What immediate plans do Gamerse have to further increase transparency and keep our community well informed?
KHALED, CEO
This has been a huge talking point in our community and in most of crypto with new projects. We have been acting on our principles for being transparent by updating our community through good or bad. Social media polls have been another way that we have been engaging the community and listening to suggestions. We have in the pipeline a list of protocols that we are working on to better improve our transparency for our investors.
We will add a transparency report to our whitepaper which will highlight wallets for vesting pools as per our tokenomics.
Monthly medium recaps of our highlights and key announcements with a sneak peek of what’s to come in the month ahead.
AMAs with the community once a month.
And continued polls on our socials so the community can decide on Gamerse decisions prior to our launch of our social DAO.
MUSH, Community VP
There has been a lot of confusion regarding the exact market cap and circulating supply. Can you provide some clarification?
KHALED, CEO
Yes, we have had a lot of price discussions due to the unclear nature of CMC and Coingecko not being up-to-date. Let me clarify for the community our latest figures with a current market cap valuation.
In-house figures of our market cap are as follows:
The circulating supply is $60,000,000 LFG tokens
The spot price for $LFG is $0.050
The market cap is $3,000,000
The fully diluted market cap is $50,987,824
We have submitted our latest figures to CMC and CoinGecko and we are awaiting our updated script to accurately calculate the market cap. Also, another important point to note is that we have our unlocks for private sale investors coming up early next week and I would like to clarify vesting schedules. All of our vesting schedules are linear distribution which means that our investors such as public sale investors will claim block by block distributions. This method was carefully chosen as this will have less sell pressure on vesting unlocks.
MUSH, Community VP
Our first CEX listing is of course an important step for Gamerse, especially with major use cases for $LFG in the horizon. The community are eager for it! Can you help clear up the speculation regarding the listing and provide any updates?
KHALED, CEO
Yes, CEX listing is on the highest agenda and we are in talks with a number of CEXs at the moment. We are going through our last phase of the due diligence process so we hope to have an announcement early next year.
MUSH, Community VP
What makes Gamerse special are it’s novel concepts and multifaceted platform. How will Gamerse educate potential investors as well as its community on all it has to offer?
KHALED, CEO
Gamerse is a platform for the masses as we have incorporated solutions for the non-crypto savvy user. In 2022, we will be pushing our educational/tutorial content to help people better understand why Gamerse has so much potential in the GameFi/Metaverse sector. We will implement the following strategies to widen the user-base and audience for Gamerse, LFG.
Video content such as Youtube tutorials, promo videos, how-to-buy $LFG and beyond
AMA sessions with other communities.
Eye-catching graphics.
Gamerse Community groups in multiple languages.
Press releases on major publications.
MUSH, Community VP
(To the audience)
A before we get into the 10 questions from the Christmas special giveaway in collaboration with Enjin, a huge shout out to @CryptoPrince95 for winning the mascot naming contest and a surprise airdrop of $100 worth of $LFG! Astro… that’s a cool name!
A second naming contest for our second mascot will be taking place for a prize of $100 worth of $LFG! Stay tuned to our twitter page after this AMA!
(To Khaled)
How will you position yourself in 2022 so that you will stand out amongst the many competing NFT and gaming world?
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KHALED
Great question. Gamerse plans to stand out in the Gamefi economy by creating the unifying social-hub which will be home to the most popular P2E Games! Our social platform allows users to stay up-to-date with their favourite NFT games and engage with fellow Gamers! We are the cool hang-out spot for users to dive into the Metaverse and NFT gaming ecosystem.
MUSH, Community VP
My second question is regarding the partnerships we made so far. How does the strategic partnership with Enjin and Polygon help us? Also: When can we expect the launchpad? And how do the nfts/avatars tie into the launchpad tier system?
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KHALED, CEO
Partnerships are at the core of Gamerse’s business model as we are a social NFT platform within the Metaverse. Our partners are all of strategic value such as Enjin, which we have just partnered with for this Christmas AMA special for our Gamerse NFT Avatar airdrop.
Our partnership with Polygon will allow the Gamerse gaming community to enjoy fast, low-cost transactions as well as platform scalability and NFT interoperability. $LFG native token will be multi-chain, bridging to the polygon network in Q1 for our up-and-coming NFT aggregator marketplace!
Firstly, let me briefly explain how the tier system works on Gamerse platform for staking, we will have three pools; Moon, Mars and Venus respectively. Each tier will have different minimum stake amounts and come with a list of extra platform incentives. To address your questions in relation to NFTs/Avatars and the launchpad, users will unlock avatars based on their pool and stake duration. Additionally, our GamerPad users who stake in our platform pools will gain IGO allocations based on their pool tier.
MUSH, Community VP
How do you intend to leverage all of these stellar gaming partnerships, and how will they interact with the gamerse ecosystem?
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KHALED, CEO
We intend to leverage our gaming partners by collaborating on our platform to create verified LFGs (looking for groups), Community pages, NFT drops, Events, and much more!
In early Q1 of 2022, we will be creating our NFT aggregator marketplace which will list a plethora of our current partners to make for a one-stop-shop for gaming NFTs!
MUSH, Community VP
What would you say is the coolest or most beneficial feature of Gamerse for users? In other words, what is the #1 need that it is addressing in the crypto gaming world?
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KHALED, CEO
I would have to say our social-fi model with our share-to-earn (S2E) feature is our flagship differentiator. Our pioneering S2E model will benefit both creators and Gamers alike, allowing users to earn from sharing content while incentivizing games to share exclusive drops. If you would like to learn more about how our share-to-earn model works, there will be a link to click in the recap.
MUSH, Community VP
First I would like to understand more about the “swipe swap” feature, never heard anything like it before. Second, it really seems like Gamerse is pushing towards social features, which is very cool, and would like to hear more of it. Like about the Share-to-earn?
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KHALED, CEO
Swipe Swap is our tinder-style swipe and match feature for NFT trades. Our Swapping recommendation engine provides for fun, unique and exciting NFT swaps! It is essentially another social feature of the platform; you’ll be notified when you’ve matched with another user and can choose to initiate a swap and direct message the owner of the NFT. We like to call this social trading.
MUSH, Community VP
What do you think about making a voting system for LFG holders in order to decide on some developments and new features of the platform?
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KHALED, CEO
Great question. We are in the development of our social DAO currently which is designed for exactly this purpose! Gamerse social DAO will allow users to vote on key platform decisions. For example, the next cool feature to launch on the platform. We have incorporated a social element by featuring a comment section, so this way we can hear from you! The most liked comments/proposals from our community will consequent into an official poll for the DAO to vote on.
MUSH, Community VP
How will Gamerse aim to get people onto their platform? Every social media platform is nothing without its user base. How will Gamerse encourage people to become part of its user base?
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KHALED, CEO
This is a great question. Gamerse is firstly leveraging our P2E partners by bringing their communities onto our platform. Secondly, our aggregator marketplace will make us the number one spot to list your cool gaming NFTs, as we bring you our one-stop-shop for all Gaming assets!
Lastly, Gamerse by name definition is “Gaming meets Metaverse” which makes our platform the gateway into the Metaverse with user Avatar profiles. We will ramp up our marketing for our MVP to get the non-crypto savvy user-base into the NFT and Metaverse economy!
MUSH, Community VP
Do you think that you will expand your team working in the next few months?
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KHALED, CEO
Yes, most certainly we are constantly expanding the team to meet our roadmap and upcoming developments. Just to give you an update, we are onboarding more blockchain developers over the holiday period, as we value tech as our main priority in the company. Lots of exciting new members are onboarding in marketing and PR, so stay tuned for a jam-packed 2022!
MUSH, Community VP
What are Gamerse’s top priorities in 2022? Could you share some plans for the upcoming year? Which part are you most focused on right now? Good luck on the years ahead, Gamerse Team!
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KHALED, CEO
Let me start off by listing the top priorities for Gamerse in the upcoming year:
Aggregator marketplace launch, expected early Q1
CEX listing, expected early Q1
MVP launch, expected early Q2
iOS and Android Apps, expected mid Q2
Avatar ecosystem and GamerPad launch, expected end of Q2
Gamerse social wallet, expected mid Q3
Gamerse studio, expected end of Q3
Gameverse, TBA in Q4
In regards to our focus now we are working on delivery of single-sided staking for $LFG, CEX listing, and our aggregator marketplace. Our dedicated team is working on this and we can’t wait for an exciting year ahead for our beloved Gamerse Community! Thanks for the best wishes and happy new year to you.
MUSH, Community VP
Where do you see @Gamersenft 3 years from now? What is your plan in achieving greater interoperability across the games and NFTs across the many platforms and communities?
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KHALED, CEO
Where do I see Gamerse in 3 years from now? I envision that Gamerse will be the number 1 social platform for all Gaming, NFT and Metaverse economy. We are in the rise of web3 gaming and the Metaverse with AR and VR and we believe that our platform is primed to be the leading ecosystem that will unify the Gaming industry.
In regards to greater interoperability, this is at the core of Gamerse and $LFG as we are a cross-chain, cross-domain, and cross-verse solution which is unifying the fragmented gaming ecosystem. $LFG tokens will be a multi-chain on the BSC, Polygon, Solana network, and beyond. We believe these chains are the biggest in the gaming ecosystem and we plan to continue our interoperability in the coming year ahead by bridging to the most in-demand chains.
MUSH, Community VP
Thank you Khaled for the insightful answers!
(To the audience)
And congrats to our 10 winners who will be airdropped 1 of 10 unique Enjin Festive Gamerse NFT avatars! Huge thank you to those who participated, it’s great to see how engaged you guys are!