AMA Recap: CryptoFamily x PolkaFantasy

On August 29th 2021, our community had a chance to welcome Mr. Alex Hui - CEO & Founder of PolkaFantasy to join in an AMA to give fruitful information about the key features and roadmap of PolkaFantasy - an NFT marketplace that offers diverse functionalities across a cross-chain marketplace with low transaction costs.

This AMA was held by CryptoFamily Group – the top crypto community in Vietnam, where investors and traders can obtain the latest news and signals from bot/ admins, as well as discuss and share investment experiences in the crypto space.

At this AMA, our guest directly greeted the community and provided detailed information on PolkaFantasy as well as some key products and future plans.

Time: 09:00 PM (UTC + 7) on Sunday, August 29th, 2021

Venue: https://t.me/CryptoFamilyGroup

Airdrop 200 USDT for the best questions in the AMA.

Below are some main points of this AMA:

Question for Part 1- Project overview

Question 1:  To kickstart, please introduce briefly about your team and some key features of PolkaFantasy.

Mr. Alex: I am Alex, the CEO & founder of PolkaFantasy, the first-ever Japanese-themed NFT cross-chain marketplace & multiverse game in the world. 

Our team is formed by members with strong blockchain, animation and game background. For instance, our strategic advisors is the ex COO of Square Enix US, the creator of the famous Final Fantasy series. And our Japan head is the former ex-CEO of SNK, the company behind The King of Fighters, Samurai Shodown, and Metal Slug. We are passionate about games, especially good games. With this strong formation in both blockchain, publishing & game industries, our team really look forward to bringing a new experience to NFT lovers in near future.

Our premise is simple: to build the project with best user experience. Just like what you expect from one of the countries with best hospitality in the world. 

 In that sense, we are building an inclusive ecosystem for long terms benefits for users. The ecosystem includes:

1. Blockchain games
2. NFT Marketplace
3. NFT Wallet

We want to combine NFT marketplace and game seamlessly so that people can discover what they want, regardless whether they are digital art lovers or avid gamers.

Question 2:  Next, please share with us the roadmap of PolkaFantasy in the coming time.

Mr. Alex: 2021 will be a busy year for our team. As we are building foundation to prepare for our full-fledged ecosystem in coming years.

We are happy to share that our NFT wallet is already complete. Our team is optimizing it and hopfully it will see the light very soon.

As for our marketplace, we will roll out the alpha version soon. In PolkaFantasy, we believe quality matters. Therefore we really want to take time to make it something truly enjoyable to use.

As for the NFT game, development is underway. We want to make sure everything is right because our team is pretty serious at delivering something players can enjoy. With our strong background in gaming industry, we believe it will be something so exciting to our community members! Who knows which big giant game studio we will partner with!

If you are interested to get our IN-GAME NFT first-hand, we are having an auction right now. It's on https://polkafantasy.com/nft
There are so many limited edition NFT there! You can get as low as 50 USDT

Here is our roadmap

Question 3: Could you please update some latest news or big events of PolkaFantasy in the coming time?

Mr. Alex: Yes!! Actually two BIG news:

1. We are going to have our IDO on Sep 10. 

Our public sale price will be $0.05, and initial market cap will be quite low at around $300K. Fully diluted market cap on day 1 is only 10 million dollars. 
We wish this will be something interesting to people who love GameFi & NFT project.

2. We are having our Genesis NFT presale auction right now on https://polkafantasy.com/nft
By contributing to a designated address, you have the opportunity to get one (or many) of our limited edition of NFTs. 

This is a very rare opportunity to get super rare NFT for our play-to-earn games! 
Already over $950K committed! And it will end in hours!!
CF: https://twitter.com/PolkaFantasy/status/1431925367392985090 

PolkaFantasy In-Game NFT auction will end at 17:00 UTC+7 on 30 Aug. 

Direct here: https://polkafantasy.com/ 

Questions for Part 2 - Pre-collected questions from Twitter:

Question 1:Our market is filled with a wide range of gaming platform now. But the major disadvantage is that after playing for hours we are left with in-game rewards with no real world monitory value. So will PolkaFantasy address this problem, and what solutions will you provide? @AyrtonMona

Mr. Alex: Play-to-Earn is still at early stage, and our team see that there are many potential for better rewards for players.

Our team strives to solve this issue in several ways. 
1. Maximize playability to grow community for demand of in-game items
2. Divide rewards into different tiers so as to optimize their value. 
3. Scale up the project so as to increase token value. In this sense, even rewards with small monitory value has huge potential in long run.

We have many plans up our sleeves to make rewards attractive. And the first step to these amazing rewards you may taste is by having our in-game NFT. 

You can still get our limited edition NFT via our auction (closing in hours) at 
https://polkafantasy.com/nft 

Question 2: Some NFTs are very rich in artistic value, however, how can you ensure that the NFTs showcased on your platform can meet the needs of your customer? Thus, can you explain in detail how can PolkaFantasy unleash the full power of users' NFT collections? @PearlineCarr4

Mr. Alex: Artistic value is only the first step. In PolkaFanatsy, we want to offer valuable in-game items with great artistic value. 

By combining art and game seamlessly with our holistic platform, we are creating NFTs that have the best parts of both worlds.

For instance, we have schemes to make many great artistic NFT usable in our games. And by holding a great piece of NFT art, you are actually having an artpiece as well as a game asset.

This is the NEXT GEN NFT that we are looking for. That's why you will find both play-to-earn games and NFT marketplace in PolkaFantasy. They are built together to make our project successful in the long run.

Question 3:  What games does PolkaFantasy support at the moment as a gaming platform? What kinds of games do you intend to include in the future? How do you intend to reach out to non-crypto users, given that many gamers are unaware of the blockchain? Please also describe your marketing strategy. @Truong38498211

Mr. Alex: PolkaFantasy comes with a team with strong background and understanding of animation & games.ACG market size is about billions of dollars. For animation industry alone, the market size is USD500 billion. PolkaFantasy is tapping into this market with our team from both traditional ACG industry and blockchain field. And we are building something that will bring the NEXT GEN blockchain game into play.

We will have amazing games like Final Fantasy, Dragon Quest which can catch the hearts of non-crypto gamers. We believe that blockchain game can capture the general market only with good playability.

Question 4: What type of NFT can users minting, and what kind of NFT is PolkaFantasy equipped with which creation tool will allow for easy NFT minting? How easy will it be for ordinary users to do this without having to worry about encryption techniques and the complexity of NFT? @Lidiamga

Mr. Alex: We have a Japanese-themed NFT marketplace which focus on ACG (Animation, Comic, Game). This is the core part in our holistic ecosystem.

With cross-chain technology, users can mint NFT on multiple blockchains. Our platform focus much on user expeirnce. Therefore, with a few buttons, users can create their NFT and even have chance to integrate them in our games!

This is the next generation of NFT marketplace. With our $XP token (IDO on Uniswap on Sep 10), users can do more, such as social media function, level up their NFT to earn more values etc.

Question 5:  What will the token's primary utility, $XP, be? Will it also provide some level of governance for the community and token holders in regards to the platform's future development or other related issues? Will there be any mechanism in place to reward creators that use $XP? @Greyhair_08

Mr. Alex: $XP is a true governance token. Some examples of its usage: 

1. Vote your favorite artists to give them more exposure. 
2. Get discount (sometimes big discount!) of NFTs with $XP 
3. As a reward to platform users. 
4.Use it as in-game currency. 
5.As fuel to make some amazing things in the marketplace and games (we cannot disclose any further at this moment)

In fact, we have a lot of utilities of $XP up the sleeves. And this will create a huge demand for $XP in short/long term. Both users/community will benefit from our whole ecosystem which including very unique NFT marketplace, top-notch games, and amazing NFT wallet! 

Imagine $XP is an ecosystem token. You can see that all ecosystem token will go up in long run. Like many centralized exchange token.
We start at a low price at $0.05 at IDO (Sep 10) because we want more ppl to get involved.
We look up to Axie Infinity (last Nov, their token is about $0.12), and want to make huge success and rewards for our community. So, your support is important to us, and we believe we can be successful together.

PART 3: BEST LIVE QUESTIONS CRYPTOFAMILY GROUP

Question 1: Can you explain to us how to buy your tokens? Will you have private sale and public sale event??

Mr. Alex: We are going to have IDO on Sep 10 at Uniswap.
Our public sale price is $0.05. Token name is $XP. And initial market cap is only at around $300K.
We also launch on ChainBoost and TrustPad.

If you want to get our NFT instead of token, we are having our Genesis NFT presale auction right now. 
By contributing to a designated address, you have the opportunity to get one (or many) of our limited edition of NFTs.
Please visit our site https://polkafantasy.com/nft/ for more information! 

-Auction Period: 23 Aug 2021, 10:00am UTC - 30 Aug 2021 10:00am UTC
-All bid are placed in one pool. Bids are ranked at the end of the auction, and NFTs are distributed according to the ranking of bids.
-$XP will be distributed to all NFT holders (Rare Tier or above) when the game launch. 
-Bids of $1,000 or above will guarantee a character (Epic or Rare, depending on final rank of bids)

Question 2: Southeast Asia is a very vibrant market and many project developed here so what do you think about Southeast Asia and do you have any plan to develop here?

Mr. Alex: We have a strong plan for Southeast Asian market.  

First of all, I love the community there. They are vibrant and very friendly. We plan to have multiple language in our game, and we will try to make the entry barrier low enough so that players can enjoy our game without invest a lot upfront.

Question 3: While you build your project, do you take into account community feedbacks and demands?While you build your project, do you take into account community feedbacks and demands?

Mr. Alex: We value community much. If you take a look at our Telegram, I personally as CEO am always interacting with the members. 

And our team always listen to community members and share insight of the project as well. 

Therefore, if you want to know more about our project first-hand and leverage on very up-to-date information, don't forget to join us. 

Twitter: https://twitter.com/PolkaFantasy 
Medium: https://polkafantasy.medium.com/ 
Telegram (ENG): https://t.me/PolkaFantasyEN 
Telegram (VN): https://t.me/PolkaFantasyVN 
Youtube: https://www.youtube.com/c/polkafantasy 
Instagram: https://www.instagram.com/polkafantasy/ 

Question 4: Does your project support staking program? if yes. how is your stake system work, what is the requirement for user if they want to stake in your platform? Do you have a Token Burning plan to increase Token value and attract Investors to invest?

Mr. Alex: Yes, we will support staking in future. And since our IDO is coming on Sep 10, it may be the best opportunity to get in early and enjoy the benefits of our upcoming staking program. 

No matter whether you are holding our $XP token or limited edition NFT (available here https://polkafantasy.com/nft/), you will enjoy many rewards from our ecosystem in long run.

Question 5: How does project increase the token's value, liquidity and utility ?  So that it can lead to an increase in token prices ?  What is your plan to make your project stable and provide the highest return for investors in the long term ?

Mr. Alex: Let me rephrase my previous answer, because I think it's quite important and community is interested to know.

$XP is a true governance token. Some examples of its usage: 

1. Vote for your favorite artists to give them more exposure. 
2. Get discount (sometimes big discount!) of NFTs with $XP 
3. As a reward to platform users. 
4.Use it as in-game currency. 

5.As fuel to make some amazing things in the marketplace and games (we cannot disclose any further at this moment) 

In fact, we have a lot of utilities of $XP up the sleeves. And this will create a huge demand for $XP in short/long term. 
Imagine $XP is an ecosystem token. You can see that all ecosystem token will go up in long run. Like many centralized exchange token and Axie Infinity. 
We start at a low price at $0.05 at IDO (Sep 10) because we want more ppl to get involved.
We look up to Axie Infinity (last Nov, their token is about $0.12), and want to make huge success and rewards for our community. So, your support is important to us, and we believe we can be successful together.

For all of the questions that have not been answered yet, guys feel free to search for more information or ask directly to them on the links provided below:

➡️Website: https://polkafantasy.com/ 
➡️Twitter: https://twitter.com/PolkaFantasy 
➡️Telegram: https://t.me/PolkaFantasyEN 
➡️Telegram VN 🇻🇳: https://t.me/PolkaFantasyVN