AMA RECAP: REVOLUTIONLTD — SS VENTURES
Time: 1:00 PM UTC | 05/1/2022
Reward Pool: $200 for 10 best questions.
Below are some main points of this AMA session:
PART I: INTRODUCTION OF REVOLUTIONLTD:
1.SS Ventures: Can you tell me a little bit about yourself as well as Revolution LTD project?
Trung Vu: Currently, the market is full of P2E games, but there is a lack of exciting games in gameplay, economic structure, and monetization. We have researched and concluded every success and failure P2E games and applied to Revolution economy. The economy will be unique — every month 1 million tokens will be awarded to the most active users and will last for the first 36 months. $REV is designed to replace the long-standing traditional recharge card method used to buy, sell, and trade in-game items and across all of Revolution’s ecosystem. This creates a sustainable ecosystem where players show off their skills and creativity to earn in-game money. Besides, players also have governance and voting right (REV holders can vote on governance-related proposals depending on the number of tokens they hold). In addition, the game will generate income even in the Bear market. — The game will generate revenue: In Revolution there will be many game mechanics such as: PvP — fight with other players. PvE — fight monsters and get rewards in the form of money, resources and experience. — After IDO We will simultaneously launch two game products, one of which is gameFi with simple gameplay and a payback period of 20 to 30 days. In addition, we will develop an online 3D role-playing game that is both fun and highly profitable. — In Phase 2, we work with Vietnamese entertainment companies and artists to develop NFT products and traditional items in addition to building a game ecosystem. Early backers of the NFT will see a number of benefits. When it comes to Closed Beta releases and participation in our NFT and token and bounty programs, everyone has a higher priority.
2. SS Ventures: ‘Currently, please share about the team, backers & advisors of Revolution LTD and what is your role in the project?
Trung Vu:Thanks for your question: Our founder is Canh Bui — Blockchain enthusiast since 2017 and crypto trader since 2018. Starting with a passion for technology, he has 10 years of experience in PC games and money. electronic. for leading technology companies. leading at home and abroad. With a strong desire to create a “revolution” in the game industry to make money. He has equity ownership in many blockchain and NFT projects. The advisor is Mr. TONY PHAM — Graduated with a Master of Business Administration from the University of California Mirama, USA. President of the real estate business. As a connector for international projects. He has ten years of experience in financial investment, cryptocurrency. With his wide connections and great influence, he is able to connect many famous partners around the world and come up with innovative and sustainable development strategies for the Revolution. Connecting domestic and international businesses to accompany and develop the Revolution. A brilliant strategist. The development team consists of 8 members, all of whom have working experience from 5 to 15 years in the field of IT (game development, graphics and web administration, …) Revolution started from a traditional game development team combined with a blockchain development team with many years of experience. Therefore, Revolution is very confident that the project will be successful.”
3.SS Ventures: ’Can you briefly describe the project’s tokenomics?
Trung Vu: You can take a look to our tokenomic here
4.SS Ventures: ‘The next development roadmap to retain Revolution LTD investors?
Trung Vu: In the immediate future. We will launch marketing activities, done these days with the goal of attracting more token holders (who play our game when the game is launched). — AMA with community, KOLs and partner projects — Airdrop/Giveaway campaigns (with rewards including NFT combos, KART tokens or even stablecoins). — Tiktok and Youtube campaign. — Media exposure (on top cryptocurrencies and traditional media). — Listed on Dapp rating platforms. pre-IDO marketing campaigns. We will launch 2 game products at the same time, in which 1 gameFi product with simple gameplay with payback from 20 to 30 days. Besides, we will also launch an online 3D role-playing game that is highly entertaining but can still make money. In phase 2: Along with developing the game ecosystem, we also cooperate with Vietnamese entertainment companies and artists and develop NFT products and Traditional goods. Sales of the NFT will offer a number of advantages to early backers. People will have higher priority when participating in Closed Beta release and attending our NFT and token fairs and bounty programs.
PART II: PRE-COLLECTED QUESTIONS FROM GOOGLE FORM.
Question 1: SS Ventures: First question from member who has username @bryan133: Many people only invest for short-term profit. In fact, many blockchain projects fail at the same time. How do you ensure that your investors understand both the benefits and risks of your project? How do you let them know that your project is serious and long-term vision?
Trung Vu: Cryptocurrencies are volatile — of course, we cannot guarantee infinite returns for everyone We can only assure you that we will do our best to keep Revolution a a great game long after launch. Our team is NOT anonymous and there is no possibility of Rug pull 🙂 Initial REV liquidity will be locked! In all projects, stability is achieved through 3 things: — Guard — Community. — Sustainability. The speed at which that stability is achieved is often accelerated by a well-educated and equipped community. We already have security protocols in place and will be reviewed on an ongoing basis. We provide sustainable service with NFT accessibility and game market. What’s changed is the community. That’s why AMAs like these are key. If we can create a healthy community, equipped with information and rewards for interaction and inclusion, then stability will be a natural for the product.
Question 2:SS Ventures: The second question from @NGUYENDANG0404: Can you list 1–3 special features of Revolution LTD that can compete with other projects? What competitive advantages do your project have that you feel most confident in?
Trung Vu:Revolution LTD provides game products and cooperates with a number of entertainment companies and Vietnamese artists to implement option 2, which is to build MAKET GAME using VR technology. The strength of Revolution LTD is to have a media and entertainment company. Team with many people who expert in their categories always ready to support us Strengths of our project: — Our Game Revolution will be an online 3d role-playing game running on PC platform. Besides, we will launch a GameFi product running on Dapp — Combined with entertainment company. and Vietnamese artists to implement option 2, which is to build a GAME MAKET using VR technology — The third product we ask for permission has not been disclosed as it will be a key factor in the development and maintenance of our REV token after IDO. It is also our long-term orientation. Please follow our constant updates we will reveal on our communication channels Besides, we would love to establish a partnership with SS Ventures and other communities that can reach many new investors.
Question 3:SS Ventures: Third question from @thuydinb What is the development strategy of REVOLUTION LTD in the next 2 years when metaverse technology is assessed by experts as it will be more and more developed within the next 2–3 years?
Trung Vu: Our team are really passionate and love games. We want Revolution LTD not only to be financially viable but also a place where we and others can create and fulfill their dreams. Applying blockchain technology, we hope to bring long-term value to players and projects. Players shouldn’t just have to spend money to enjoy a game, they should also make money from it. In this way, we believe that by investing in the long term and expanding the metaverse the entire online communities can get more benefits We are designing a long term project, the tokens from the private sale will have vesting locking schedule (12 months) in new token indices (will be updated soon) by the team and advisors design. Along with that, traders will confidently hold tokens while the project develops through 2 phases. We are designing a good token economy with great burning mechanism to make sure the amount of earned play tokens is high enough to keep players As shared above, the third product we have not disclosed because it is also our long-term orientation. Please follow our constant updates we will reveal on our communication channels
Question 4:SS Ventures: Fourth question from @tuandeptrai: What is the business model of Revolution LTD? How you can create revenue/profit?
Trung Vu:The $REV token distributed by Revolution Corporation serves as the primary currency in the Revolution ecosystem we create. EARN $REV: — Staking mode to receive dual rewards — Distributed rewards from the staking pool. — Rewards are distributed from the company’s revenue fund. (based on percentage of shares held by players) — Players can completely play the game for free, but depending on different desired power levels, players will spend REV at different rates. Therefore, maintaining REV increases its value sustainably over time. — Governance and voting (REV holders can vote on governance-related proposals of course the weight depends on the amount of tokens they hold).
Question 5:SS Ventures: And the last question: The cooperation with artists who are from Vietnam or all around the world?
Trung Vu: Thanks for the great question. First of all, we cooperate with Vietnam’s traditional media company, and Vietnamese artists. at a certain time we will publish their identities, follow us.
PART III: BEST LIVE QUESTIONS IN SS VENTURES.
Question 1 from @hollidayd AUDIT play an IMPORTANT role in enhancing the stability of any PROJECT. Do you have AUDIT CERTIFICATES . Or are you working to AUDIT your project to make it more secure and reliable?
Trung Vu: Tokens are secured by a smart contract which will have to go through the audit process. Our team has a lot of experience in software development and blockchain but nothing in crypto is always 100% foolproof. You will have to take your own risk when you invest into crypto. Nothing can be said right now reagrding the IDO price, but you can look into our token metrics at our tokenomic.
Question 2 from @yearsoldbrooo: Do you have any plans to attract non-crypto investors to join your project? Because the success of a project attracts more investors who haven’t yet entered the crypto world. What are the plans to raise awareness about your project in the non-crypto space.
Trung Vu: We’re developing a bridge between Artists and Fans. This makes them buy NFT and tokens even if they don’t know about blockchain just to make a collection. A GameFi with simple gameplay and 3D online role-playing game .
Question 3 from @h_epstein: Is your project a community only for English speaking an countries or for users not of other languages?
Trung Vu: Currently we have global community and VietNam community. We’ll create many other community for everyone in the future.
Question 4 from @thirst:y11111: What is the background of the your project, team do you think team’s qualifications and experience able to support the long term development of the project?
Trung Vu: Of course. Revolution is being operated by a professional team. As I have mention above. And our long term developmennt : Since we are designing a long term project, token notifications from retail batch will have longer lock (12 months) in new token announcements (will be updated soon). With that, traders will confidently hold tokens as the project develops through 2 phase. We are designing a good token economy with a great mechanism to make sure the amount of crypto tokens to earn is high enough to keep players.
Question 5 from @Neha77998: Is your token already listed on any exchanges to buy? when will be listings done??
Trung Vu: We plan to run our IDO on January 15th 2022, But due to Bear market, so we reschedule to February.
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