Gamerse and ITSBLOC AMA : Recap [Part1]

14th. Sep 2022 10AM (UTC) on Telegram Community

itsbloc_official
7 min readSep 15, 2022

SUMMARY

On September 14, we got an opportunity to conduct a joint AMA session with the awesome partner Gamers. During this session, our CEO, Daniel Eom, answered the Gamers’ community questions on our various topics related to both the platforms ITSBLOC, Web3 game, and more.

Introduction

[Gamerse] Mush | Host : Hello Gamerse community👾

Wish you all are having a wonderful day and welcome to todays AMA session with ITSBLOC, an ecosystem which is designed to determine all service decisions and operations of games on the ITSBLOC blockchain🤩

Today we have a really special guest with us and I would like to welcome the CEO of ITSBLOC @itsblocadmin 🙌💥

[ITSBLOC] Daniel | CEO of ITSBLOC : Hello. I’m Daniel, the CEO of ITSBLOC.

I am so excited to meet the AFKDAO community members through today’s AMA to introduce ITSBLOC.

Glad to meet you all guys in GAMERSE Community.

[Gamerse] Mush : Its a pleasure to have you here today 😊

Before we start, I would like to tell about the rules for the AMA. So there will be 2 segment of todays AMA, the first one will be of introductory questions and at the second one, the guest will be picking 4 best questions from Twitter and answering them!

Lets start, shall we ?

[ITSBLOC] Daniel : Yes I’m ready, let’s go.

[Gamerse] Mush : So the first question is-
What kind of project is ITSBLOC?

[ITSBLOC] Daniel :

ITSBLOC is a P2E game platform focused on providing Play-focused Enjoyable Contents and rewards so that global users can focus on what they enjoy beyond the existing P2E. ITSBLOC platform delivers various benefits and values to users by accommodating game IPs of various genres, such as global MMORPG games, social casinos, and shooting (FPS) games.

The first game to be on-chain is the renewed version of DKmobile, which already has over 700,000 global users.

This renewed version was already launched on Google Play for balance test on August 4th and ranked in Google Play Top 1 for about 2 weeks. (yhoo.it/3Qj6Hv1) The official version of DK mobile is scheduled to be on-chain to the ITSBLOC platform at the end of October, and MMORPG and FPS games such as Call of Chaos and Project H are scheduled to be on-chain. After that, we are discussing the on-chain of various 3rd party games.

ITSBLOC is a PNE (Play eNjoy Earn) platform that creates a structure that naturally earns as much as the user enjoys the game through the perfect balance of the three aspects of gameability, continuity, and expandability.

Following the listing on Gate.io, for the revitalization of the ecosystem and attracting more global users, additional listings of ITSBLOC on the global top-tier cryptocurrency exchanges are scheduled from October 2022.

[Gamerse] Mush : It seems really exciting! Cant wait to learn more about it!
And a lot of amazing things are on the way it seems 👀🔥

[ITSBLOC] Daniel : Yes we really exciting too!! Thanks for first question 😄

[Gamerse] Mush : Lets move on to our next question-
As you mentioned about the overall platform now I would like to know -What are the ways to earn on the ITSBLOC platform?

[ITSBLOC] Daniel : Okay. The most basic method is Play.

Users can earn that much by enjoying the game content and using the goods obtained from it. The important thing here is that the ‘mining’ method of other games does not achieve the desired Earn. ITSBLOC provides content focused on Play and eNjoy so that you can earn more rewards in the process of consuming and enjoying the various content provided by the game.

Second, there is a staking system through governance tokens as a way to earn more quickly and in large amounts. This allows users to enjoy more diverse content and earn rewards faster.

A variety of staking systems consisting of a season system will be provided, and users will be able to retrieve their staked assets at the end of the season.

Finally, there is the marketplace. You can earn by tasting and selling ITSBLOC’s NFT, which will be provided later, between users.

Thanks for your second question🤗

[Gamerse] Mush : This is really cool! So many ways to earn ! I am sure it will keep the users quite handful of ways to earn 👀👀

[ITSBLOC] Daniel : Yes our dream is that, P2E platforms need to easy and stable. Our slogan is PNE(Play-eNjoy-Earn).

ITSBLOC platform will be more stable than other P2E project.

[Gamerse] Mush : Lets move on to the final question of the introductory question-
Are there any games that are confirmed on-chain in the future? If yes, what games are they?

[ITSBLOC] Daniel : First of all, YES.
On-chain of the MMORPG masterpiece to be released exclusively for Web3.0 in December 2022 is planned.

This game will provide more advanced graphics and content based on the successful data related to the operation and content of the balanced test version developed for Web3.0 — DK Mobile: The Origin.

Additionally, the on-chain Web3.0 version of FPS games and the content of additional 3rd party game companies are tapping the ITSBLOC platform.

Lastly, the joining of SCG (Social Casino Game), which can maximize the transparency and fairness of the block chain, is scheduled, and the game is under discussion according to the situation of each country, and the release schedule will be announced after.

[Gamerse] Mush : Did you say MMORPG ? I really love these kinda games!
I am really excited to get my hands on this one 🤩
Amazing! Full utilization of Blockchain technology 😎

[ITSBLOC] Daniel : Thanks, blockchain will be more easier to use.
And the great step will be arised in P2E area.

[Gamerse] Mush : Thats the ultimate goal! Mass adoption of blockchain games and the rise of P2E 🔥
WE have come to the end of segment 1. Are you ready for the segment 2 ?

[ITSBLOC] Daniel : Sure, I’m ready.

[Gamerse] Mush : The first question is from — @misscrypto_0

Since many games have recently had a failure, either as a consequence of the generalized fall of the Cryptocurrency market, or that the ROI is very short and neither does NFT burn. What mechanisms are you going to implement to make the game sustainable? A free economy model?

[ITSBLOC] Daniel : As with most blockchain projects, sustainability in the P2E field is still an important mission.

Web3.0 Open Game Service Professional Platform-ITSBLOC designed a more stable ecosystem than the existing P2E to complete the PNE (Play-eNjoy-Earn) structure that allows users to plan continuous earnings while enjoying Play.

Although a rapid profit structure cannot be expected from this system that applies stablecoins that can minimize volatility to the ecosystem, users can acquire stable ‘earn’ and focus on ‘play’, the essence of the game.

For this purpose, ITSBLOC provides the following 4 features : Seasonal System, Sustainable PNE Platform, Adequate fluidity of Game Token, On-chain with Growth potential

You can check full thought about this in our official Medium Blog.

=> https://medium.com/@itsblocofficial/a-web3-gaming-platform-without-inflation-and-deflation-itsbloc-88eb30da240c

I hope this was a sufficient answer.

[Gamerse] Mush : Definitely! It was very well explained!

The next question is from — @Karmul45290

(https://twitter.com/Karmul45290)Can you tell us about your “ITSBLOC” team members? are they qualified and professional in their fields? what are the recruiting qualifications for team members for your extraordinary project? thank you….Is your project listed on coingecko and coinmarketcap or not?

[ITSBLOC] Daniel : Yes, all of our team members are professional enough. You can see the Linkedin profile link on the ITSBLOC website. In particular, ByoungSu Kim, the CEO of the game side is a full-stack developer and capable entrepreneur with 16 years of game development experience, both front-end and back-end.

‘Aden’, launched by his first startup company, second ranked in Google Play Store for 6 months in Korea and Taiwan/Hong Kong/Macao.

After selling ‘ITSGAMES’ to ‘NETMARBLE’, the world’s 8th largest game company, he established ‘Ntrance Corp.’

Ntrance services MMORPG ‘DK Mobile’ and social casino portal ‘All-Star Games’, which are scheduled to be on-chain on the ITSBLOC platform soon.

[Gamerse] Mush : Wonderful answer! I am sure he got his answer

Moving forward to the next question which is from — @rian_rocky

Most of the current P2E games focus too much on the earning side that they struggle to make the gameplay attractive. As a result, they fail to attract people who are mainly gamers rather than investors playing only to earn.

So how does ITSBLOC plan to solve this?

[ITSBLOC] Daniel :

ITSBLOC’s the most basic earn method is Play. Users can earn as much as enjoying the game contents and using the goods obtained from it. The important thing here is that the ‘mining’ method of other P2E games does not achieve the desired Earn. ITSBLOC provides high-quality contents focused on Play and eNjoy so that users can earn more rewards in the process of consuming and enjoying the various contents provided from the game.

Second, there is a staking system with governance tokens as a way to earn ‘faster’ and ‘greater’ Earn. This allows users to enjoy more diverse contents and receive more stable rewards. A variety of staking systems consisting of a season system will be provided, and users will be able to liquidate their staked assets at the end of the season.

Finally, there is a marketplace. You can also earn by trading and selling (P2P) ITSBLOC’s NFT which will be provided later in the marketplace.

We already know ‘essential is the important thing’.

[Gamerse] Mush :
Really excited to hear it! So many plans to gain traction ! 😊

Continued from Part2 >>

About ITSBLOC

ITSBLOC is a P2E game platform focused on providing Play-focused Enjoyable Contents and rewards so that global users can focus on what they enjoy beyond the existing P2E. The platform delivers various benefits and values to users by accommodating game IPs of various genres, such as global MMORPG gamesand shooting (FPS) games.

ITSBLOC has a system that can secure game IP with excellent game-ability and prevent the chronic hyperinflation of most P2E platforms.These include the introduction of stablecoins and the introduction of a season system. In addition, various systems are introduced to ensure the sustainability of the platform.

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