Apexaverse AMA Recap with Kenzo Ventures
Dear community,
On Sunday 10th April 2022, we had an AMA with one of our partners @KenzoVentures in their official Telegram chat, where our Project Lead Tim Jones introduced Apexaverse and answered questions from the community. We liked how it went down and we hope to have another one sometime in the future!
Unfortunately, he was not able to answer everyone’s questions due to the huge interest; however, we’ll be publishing a two-part series on the most commonly asked questions from the AMAs over the next articles.
Q: Could you please tell us about Apexaverse?
A: Apexaverse is a decentralized virtual reality hub built on Cardano Blockchain; it supports our unique community-focused game development process and will let us have an online game catalog with multiple p2e and PVP games.
All games are made internally, exist in the story universe, and all of them are part of our ASX-based economy.
We created Apexaverse in a way that will not only support the game catalog, launchpad, token with staking capabilities, and NFTs, but will entwine every aspect. It was our dream to create a project in which staking that you do personally can affect the history of the game world for everyone.
NFTs are actual useful loot that players need for raids. But no amount of tokens or NFT can save a bad fighter in the PVP game we’re releasing soon.
There will be NFTs, staking, defi opportunities, rentals of NFTs, lending NFT
But our focus is on playing a FUN game
Yeah, the game should bring nostalgia to a lot of older’ish gamers.
Q. Can you tell us about the “partnership” and supporters of the Apexaverse project?
A: We have been able to attract early partners that are interested in our idea. We have secured a partnership with Blink Studios(Unity), and they are in charge of designing the assets that will be used on our combat P2E game.
Also, Designocracy is one of our partners and they will be developing our first game on the platform.
The game will be an interactive 3D game that will be fun and engaging, I must say, it will be additive, sorry!
We have also an ongoing strategic partnership with your company (Kenzo Ventures) and we have been able to achieve a lot from it already.
Thanks to you guys 😊.
Q. Can you provide some information about your Roadmap and how is Apexaverse progressing so far?
A: We have a well-defined road map that will guide us throughout this course, we have been able to achieve Q1/2022 and we are currently making a demo for some characters’ movement and skills. Please find attached our road map summary. This roadmap will help you understand where our focus is from here till the end of the year.
On progressing-wise, we are on track. Right now the focus of the team is to get the characters ready and show the demo of their various skills. The community has been waiting for it.
Shortly after the release of the demo, we will kickstart our first sales (seed sales) to early investors, Then our NFT sales will come up after that.
Q. Can you please explain the main problem you have solved? and any new problems that were anticipated before?
A: Many of the P2E games that are out or are coming out are not focused on the gaming aspect and entice players through just temping APY’s at the beginning. The issue with that is that they won’t retain their player base and APY’s will be gone. So there’s not a long-term vision there.
We’re not in the capital market for this game, it’s the opposite, we’re in the Gaming Market whose objective is to deliver a great gaming experience to all our users and community.
You must not play before you can be able to earn on our platform.
We make it possible for our community to be able to stake/bet on their favorite players while they earn from it.
Our games should bring nostalgia to a lot of older’ish gamers.
We are anticipating some challenges
I think one of the challenges we’ve had is honestly the momentum of the market sentiment. As you know Bitcoin and BTC Dominance has played a big part in the “morale” of the entire crypto community for the past few months. Even though we’re here for the long haul and plan to deliver a top-class product, sometimes you just have to drown out the negativity of the market and continuously keep building.
Q. What are your goals in the future?
Our main goal is to make our platform attract both old and new game lovers. It will be a platform for everyone where you can have fun while you earn from it.
We will be able to get our first game demo ready and then invite our community to test it out, give us feedback, and become part of our journey.
The demo test run will only be accessible to token holders.
Based on community feedback we’ll make improvements and have another demo and look to have a release of the actual game towards the latter part of the year.
Would be a great Christmas present for the community.
I’m sure your team will achieve it, good luck.
Very great answers.
Okay, we move on to the second segment, which is a question from our Twitter community.
Q1. Hello, Can I get your contract address so I can get your token in pancakeswap? How will you bring about the maximum possible liquidity for token holders? @marinase02.
A: Thanks for your interest, our contract address is not out yet. It will be out and announced shortly.
Our token can only be gotten from Cardano supported wallets (Yoroi, Nami Wallet, etc)
Our team has a good financial team that will handle the liquidity effectively and our tokenomics
Danke Schon
Q2. “Apexaverse” is a role-playing NFT Game. So How will they keep NFT production and demand in perfect balance for their market and asset values from plummeting? How will you ensure that the Reward for players remains stable and attractive to encourage mass adoption?
@INVESTOR543
A: Thanks.
Concerning our NFTs production and demand, all our NFTs will be rare and we make it possible for our games not to be expensive to play.
During the game, rewards will be earned, the rewards will be required at certain game levels by other users.
This will enable different users to be able to trade their NFTs and rewards on our NFT marketplace.
Our smart contract covers the whole aspect to make sure it’s perfect.
Q3. @apexaverse says that we help make investment decisions based on data for games based on blockchain, but will it only be a platform that offers prediction? Or in addition to offering that data, will it also allow you to make the prediction and obtain the profits right there?
@Matthew95556
A: Our platform makes only makes it possible for P2E games, staking, betting for your favorite players, trading tour NFTs and rewards.
All these will be powered by our token ($AXV).
Our token holders will be able to decide on updates, the next game to be introduced, and also have a say on our journey.
Q4. 1-Increasing Token price
2- make Token Valuable
3-Building Community Trust.
From the 3 aspects above, I want to ask, Which one is the most important for you??
If all above are important for you, Which one Will you do first??@rara_dera78
A: All that you mentioned are important to us and the community as well.
We will start by building strong community trust.
Community is everything!
Having a strong community behind us will make our project excel.
We can have the trust of our community by delivering our promises and also having our products ready and outstanding!
Q5. Support from the community is one of the biggest aspects of a successful project, so what are your plans to expand and form a solid community? @Richard39541422
A: Richard, as I said earlier, the community is everything to us.
Without the support from the community, we will find it difficult to be relevant in the market.
We will keep working 24/7 to deliver interesting 3d games and provide other streams of income to the platform which will attract more partners and investors to our platform, thereby expanding our community.
Eventually, on a broader, long-term plan, Apexaverse aims to build more cool and interactive games on our platform with a heavy focus on NFT, and Metaverse. We are slowly learning on this journey but this is a great start and we are excited about the future.
That was the end of our AMA, thanks to all those who participated and all who read the article!
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