On February 27th 2021, our community had a chance to welcome Mr. Vivek Kumar and Mr. Satheesh to join in an AMA to give fruitful information about the key features and roadmap of of RAGE.FAN - a fan-first on-chain fantasy sports and quizzing platform built on blockchain technology.
This AMA was held by CryptoFamily Group – the top crypto community in Vietnam, where investors and traders can obtain the lastest news and signals from bot/ admins, as well as discuss and share investment experiences in the crypto space.
At this AMA, the Marketing Head of the project - Mr. Vivek Kumar directly greeted the community and provided detailed information on Rage Fan as well as some key products and new features. And exciting events will be welcomed in the future
Time: 09:00 PM (UTC + 7) on Saturday, February 27, 2021
Airdrop 100 USDT for the best questions in the AMA.
Below are some main points of this AMA session:
PART I: INTRODUCTION OF RAGE.FAN
CF: Please introduce your team and Rage Fan briefly. What are some features that make Rage Fan different from other platforms built on blockchain industry?
Mr. Vivek Kumar: Myself Mr. Vivek Kumar and I am Marketing Head at Rage.Fan. I have done Masters in Business Administration and holds 7 yrs. of work ex. across Strategy, Consulting, Marketing with large MNCs and consulting firms.
Mr. Satheesh : I am Satheesh, the CEO of Rage.Fan. Have been in the tech industry for the last 25 years, so you can say an old hand :), and someone who has led large IT projects, organizations and initiatives. Have been involved in blockchain & crypto for the last 3+ years and believe there is a wonderful opportunity to merge and benefit the whole community by doing decentralization and this is one of the first steps towards that journey!
CF: What an impressive profile. No wonder you have enough experience and qualification to build this great project !
CF: Now please give us some key features of Rage Fan
Mr. Vivek Kumar: So, built on blockchain, Rage.Fan is an on-chain fantasy sports and quizzing platform, where sports fans can use their skills, knowledge and situational awareness to earn rewards. All you have to do is, pick a sport, create teams, join contests, win and get rewarded. Additionally, take part in several quizzing contests before, during and after the contest.
We are masking all the technical aspects of blockchain for common users and in turn aiming to provide a simplified and seamless user experience. In essence we are trying to bring a mainstream, centralized platform for the first time to a completely decentralized experience
Mr. Vivek Kumar: To make all this happen we are introducing $RAGE, a Rage.Fan native token. It serves the dual purpose of game play and governance. $RAGE comes with several utilities viz. as a game currency; for staking, governance, play mining, referral mining, AR token mining, and social media mining.
AR token mining is a very innovative idea and we have published a detailed article also on the same - https://medium.com/@ragefan/rage-utility-series-ar-token-mining-9bb367e79549
CF: Can you tell me some values that Rage Fan aims to bring to its users?
Mr. Vivek Kumar: Good question.
Values delivered come in the forms of transparency, overall reduced cost model and fan influence. Transparency not only in the form of fantasy game perspective but an overall governance and structural level. Read more at - https://medium.com/@ragefan/rage-utility-series-governance-1fc76fa46244
Partnership with polygon was a major step towards scalability (read more at - https://medium.com/@ragefan/rage-fan-is-excited-to-partner-with-polygon-formerly-matic-to-scale-transactions-and-provide-an-3b63da0c574d).
In fact, today only we have announced partnership with Biconomy also - https://medium.com/@ragefan/rage-fan-has-joined-forces-with-biconomy-to-provide-a-gasless-experience-for-the-users-of-rage-fan-6d6766bd042b
Mr. Vivek Kumar: Value delivered in turn translates to benefits:
— Tangible benefits: Earn $RAGE directly by participating in games and winning. You can also earn via. other value added mechanism viz. AR token mining, Staking, Play mining, Social media mining, Referral mining, Yield farming etc.
— Intangible benefits: Trust factor due to decentralization; provision to expression opinion through governance; game experience through AR mining methods
CF: Next, please share with us the roadmap of Rage Fan. What are the objectives that Rage Fan plan to achieve in the Vietnamese market?
Mr. Vivek Kumar: At a broader level, product excellence, seamless user experience, feature innovation and community & user growth is something we will always be chasing after as these are growth stimuli.
Detailed plan at - https://www.rage.fan/
The idea as said earlier also, is to bring a mainstream, centralized platform for the first time to a completely decentralized experience.
Mr. Vivek Kumar: Vietnam is a very vibrant market and this AMA is a proof that we are cognizant of this fact. At a strategic level, we are looking forward to building a strong community base in this market and in future also we will be doing a lot of custom focussed initiatives for this market.
CF:The information you provided is really fruitful.
To continue today's AMA session, please provide more information by responding to some best quesitons submitted by members on Twitter that I have chosen right in this Group.
Part 2 - Pre-collected from Twitter
CF: Currently most investors only care about profits at the moment but ignore the long-term benefits. So can you give them some advice why they should buy and hold #Rage Fan in the long term? @Itachicvc
Mr. Vivek Kumar: The project is focused on a rapidly growing market segment and is unique in the value it is bringing to the table. We will be continuously working to innovate and adopt new solutions and believe this will be a long term growth focused platform.
Thank you for asking @Itachicvc
CF: What are your solutions bring high quality games in your platform?I read from the statistic, there are almost 2.6 billion gamers are existance today and they could be part of RAGEFAN gamers. How will enthusiasts be able to use FANTASY SPORTS GAMES at GameFan platform?@Corrie_Dorf
Mr. Vivek Kumar: Good question
The idea is to continue to focus on building the right base network and involvement from the real world players and communities that they operate in. Our goal is to be a platform of choice that brings the best of customer experience to the sports fans who want to showcase their skill and understanding of the game.
The adoption happens when there is some real value add and take-away. So, that is always going to be at the core of what we do.
Mr. Vivek Kumar: Thank you for asking @Corrie_Dorf
CF: Collaboration with major partners and community development are two key factors leading to the mass adoption of a project. Please name a few of your strategic partners and the value they bring to the Rage Fan ecosystem. @Macaliana1
Mr. Vivek Kumar: From a partnership perspective, we have recently partnered with Polygon. It will help scale transactions in a cost efficient and reliable manner. Even when our platform experiences heavy traffic, we will be able to guarantee a seamless and uninterrupted user experience.
You can read more about this here: https://medium.com/@ragefan/rage-fan-is-excited-to-partner-with-polygon-formerly-matic-to-scale-transactions-and-provide-an-3b63da0c574d
About Biconomy partnership:
In addition to that we are in the process of building more partnerships the details of which will be announced soon as we move forward.
From community development perspective, we have onboarded some of the very best advisors, Influencers and KOLs who will further help in community development
Thank you for asking @Macaliana1
CF: We can see that the founding team and advisors of Rage Fan are among very famous names. In the future, surely the project will expand the network of partnerships, thus bringing many great values to the Rage Fan ecosystem.
Mr. Vivek Kumar: Yes, and this market segment is also very important for us in terms of community support. So, please keep supporting us.
CF: Sure thing. We will fully support for the development of the project by creating more awareness in Vietnamese market in particular.
CF: Who is Rage Fan's biggest rival? In the future, does Rage Fan have a plan to beat your rival or cooperate with them? I think that will be a huge step forward for Rage Fan.@girlkpop11
Mr. Vivek Kumar: Nice!
So, the thing is that this is not the way we look at it to be very honest. There is nothing called beating and winning rather it's about solving an issue and trying to deliver value to our sports fans. If we can manage to do that on a consistent basis, we are very well placed.
As said earlier also, our goal is to be a platform of choice that bring the best of customer experience to the sports fans who want to showcase their skill and understanding of the game.
Thank you for asking @girlkpop11
CF: Security and reliability are the factors that are most concerned by users in the blockchain system. Where is RageFan's transparency reflected? @QuyenCao11
Mr. Vivek Kumar: Security is a key focus area for us and we will be going through complete and continuous audits that will be publicly declared and shared with the community to build confidence and transparency in our operations.
Transparency reflects in the overall governance. We have recently published a detailed article on this - https://medium.com/@ragefan/rage-utility-series-governance-1fc76fa46244
Encourage everyone to please refer to this for an in-depth view.
Thank you for asking @QuyenCao11
CF: Yes we see. Most of the online sports games are quite boring and lack of transparency, so the improvements of the platform will help attract users and there's no need to worry about being beaten by competitors.
Mr. Vivek Kumar:Precisely!
PART 3: BEST LIVE QUESTIONS CRYPTOFAMILY GROUP
Question 1: When will you open for sale? How many minimum and maximum can each person buy? Do I need KYC to make purchases? @LLeeKuanYew
Mr. Satheesh: Please wait and we will announce all this at a appropriate time
Question 2: What is your background and how did you come to the idea to create RageFan project? Why did you choose the name RageFan? Does it have special meaning and is there any story behind this name? @Haozn280
Mr. Vivek Kumar: We have clearly outlined about team in our website - https://www.rage.fan/
The word "Rage" reflects passion and we wanted to associate it with fans and thats how Rage.Fan was born!
Question 3: Partnership is always an important factor for every project. So who is RageFan's partner? What are the benefits you get from those relationships? @Ahizmw8
Mr. Vivek Kumar: We have announced partnership with Polygon and Matic. These partnerships helps in delivering a seamless product experience for everyone in terms of scalability, reliability and trust.
Question 4: What do you think is the future of digital collectibles and NFTs and how then does RAGE FAN plan to be at the forefront of this innovation? @MsKiwi206
Mr. Vivek Kumar: We already have that in pipeline. Please refer to our roadmap at - https://www.rage.fan/
Question 5: What is the Vision and Mission of the Rage Fan platform to makes $Rage Fan token have very high demand?
Mr. Vivek Kumar:To bring a mainstream, centralized platform for the first time to a completely decentralized experience.
We will also be launching a promoter/ ambassador program to enable key followers and contributors to the community benefit and participate in the success of the platform
CF: We are so excited to hear more about this qualified project, but I'm afraid the time is up now. @imavericks @SatheeshAnanth Thank you so much for taking your time to join our AMA today, and many thanks to hundreds of good questions from our community.