AMA Recap Vol.5 — — KAKA：Entering the World of Troland with Kaka Chan
At 1: 00 pm(UTC) on July 27th, KAKA Chan, the official idol of KAKA NFT World was invited as a guest of AMA activities of TH Telegram Group. During the AMA, KAKA Chan introduced KAKA NFT WORLD and its game in detail. Not only that, KAKA Chan introduce KAKA’s economic model for the cards and NFTs. At the same time, She answered follower’s questions.
KAKA NFT WORLD is a DEFI project of the world’s top NFT vertical game value ecology. We aim to build a meta-universe property experiment through the entry of top IP and many e-sports games. We seek to apply NFT technology to open the value exchange between the virtual world of encrypted assets and the real world to create a more pragmatic Metaverse platform.
KAKA Chan’s sharing knowledge points are full, and here we will sort out the essence of ama for everyone to review.
Q1. What is KAKA NFT World?
KAKA NFT WORLD is an NFT card game platform jointly developed by Chinese，Japanese and Korean gaming teams. It is a DEFI project of the world’s top NFT vertical game value ecology. It will build a meta-universe property experiment through the entry of top IP and a large number of esports games, and seek to use NFT technology to open up the value exchange between the virtual world of encrypted assets and the real world and build a more pragmatic Metaverse platform.
Q2.When was the idea behind KAKA born, and what led to it?
The story of KAKA began in 2016 when Eden developed Troland, a mobile card battle game with fantastic stories and characters. However, Troland was not launched due to heavily homogeneous competition in the mobile gaming industry back at that time.
Our CEO David has been doing the entertainment IP business in Korea for many years and he is watching opportunities in the blockchain field. David and Eden met at a blockchain conference in 2020 and became friends. One day, Eden talked about his favorite game, Troland，which was born at the wrong time and missed the market. At that time, NFT concepts were sweeping the world. David said, why don’t we combine famous IP and Troland and even more games in the forms of NFT? We can build a great experiment of the metaverse as long as we use the self-consistent economic model. Here begins the great journey of KAKA NFT World.
Q3. Can you share something about KAKA’s current status and your roadmap?
Actually, KAKA NFT World only operated for less than 6 month. Crypto worlds developed with an astonishing pace, so did KAKA NFT World. We have launched events on NFT Cards/mystery boxes with different IP collections.
1). In our first Marvel NFT Cards sale on DODO NFT platform. We made about $820,000 revenue in no more than 48 hours.
2.) In our second Marvel & Paul Frank NFT Cards sale, 500 Mystery Boxes were sold out in less than 10 seconds.
3).Then we also brought in Mickey NFT Cards.We also released card packs for users who want to play the game Troland since Troland is about to be online.
4). Our exclusive KAKA Metaverse Key NFT Cards were also launched. Users who HODL KAKA Metaverse Key will not only grab the first — hand news about KAKA and a priority to buy rare NFT Cards but also have the chance to get KAKA Mystery Box airdrop.
5). KAKA Chan NFT mystery boxes were sold out in less than 3 hours through our official web, kakanft.com. Holders then put it for trade through BakerySwap nft platform at a much higher price than the purchase price.
6)KAKA NFT World partnered with conflux to launch B.Boy Mystery Boxes. Boxes Sale is live on MoonSwap
7). Next month, One Piece Mystery Box Sale will be launched on BakerySwap. We also prepared 2- opening modes for KAKA Key users.
8) Next month, KAKA NFT World will have the Marvel Series Spider-verse with Binance NTF Marketplace. Please stay tuned
So we did gain lots of achievements in the past 6 months with support from all our communities. We would like to sincerely thank all KAKA followers for supporting KAKA.
Q4. As you mentioned about Meta-verse key in the previous question, I am wondering what kind of benefit it can gain and have you held any events where key members can enjoy their benefit?
As you can see, we are about to launch the 2nd beta event in this coming week and we began the sign-up process from this past Saturday to tomorrow Wednesday. Since the number of participants for this event is limited we will have our key member priority to join. Second priority participant selected is anyone who ever bought our NFT card or mystery box. Because so many people want to have early access to experience our game Troland, plus the prize for this event is huge, we already have so many people signed up. Of course we welcome everyone to sign up and you can be the lucky one to get picked if we still have any open seats available. Don’t forget the deadline for sign-up is 12:00pm UTC, July 28.
Q5. You were talking about KAKA’s game Troland. Could you introduce more about this game or show us how to play with it?
The first game called Troland will be launched pretty soon. It’s an NFT card game. We’ve issued every card as an NFT which I’m referring to as a unique and special card. Basically Troland is an online game. It’s a rivalry game between two players on one battlefield. Each player participates with five NFT cards from their own card library, each card includes four core numbers on the corner of it. Those numbers are different from card to card. The bigger the number it has, the higher it is. The system will randomly select the first player to start the match, The period of each game is about 6 minutes. The significance of winning is to collect more NFT cards from opponents. Victory or loss will be determined by flipping more cards on the arena. The winner will get 2 cards from the loser. So it is indeed a very competitive game and players will enjoy winning. For how to play, feel free to watch the video, they will find detailed videos about it https://youtu.be/a-O-jSJjXTA.
Q6. What is KAKA’s economic model for the cards or NFTs? What’s so special about it?
For the most special economic model in KAKA is the Automatic Sales and Repurchase Agreements. On the platform of KAKA NFT World, all the NFTs and props-related sales and repurchases are executed by smart contracts. For corresponding NFTs associated with KAKA Troland, 20% of sales revenue will be injected into the dividend pool. The other 80% of sales revenue will be injected into the current NFT repurchase pool, then the repurchased automatically by smart contracts. The initial stage, the repurchase system can rigidly redeem externally circulated NFTs at 80% of the initial selling price; as cards continue to be destroyed while battling. As a result, redeemed prices will get higher and higher. At present, many NFT projects on the market are sold at one stroke. After the first sale, there is a lack of continuous buying enthusiasm and no more liquidity for their NFTs. So again what is so special about KAKA NFT World. The most special attribute about KAKA NFT World is that all NFTs sold on the platform have an automatic repurchase system built by smart contracts to provide sufficient liquidity, which not all NFT projects have. The official repurchase contract ensures the absolute minimum price of every NFT. KAKA is literally special and we are providing the best services for our supporters and we value each customer’s feeling and the best reputation as well.
Q7. Please share with us your testimonial on BSC, which may be featured on the accelerator fund website and in marketing materials.
KAKA may be the farthest exploration of Metaverse projects on BSC. In our point of view, the exploration of the Metaverse should not only stop at the surface representation but should implement functions more pragmatically. Generally speaking, a complete metaverse concept needs to have the following characteristics:
First, with a completely virtual space, players (users) can be fully immersed and can be online whenever they need it.
Second, players (users) have a standard set of digital avatars that can shuttle between different virtual worlds.
Third, players (users) can not only consume but also create (UGC) in the virtual space.
Fourth, the virtual world has a unified economic system, where commodities and digital labor results created by players (users) can be traded and exchanged with real currencies at a certain ratio.
Finally, with a multi-faceted social system, in addition to traditional language communication, there can also be action communication and the realization of rich social interaction between virtual avatars and real identities.
The above characteristics are the same as the characteristics of KAKA NFT World. Users interact and battle in the Metaverse through different card games. The address (private key) of BSC is the unique digital avatar of each user. Players use this The avatar travels through different game (virtual) worlds, and uses this identity to consume, make profits and create within KAKA’s economic system. So we say that KAKA opens up the value exchange between the virtual world of encrypted assets and the real world through NFT technology, and builds a more pragmatic Metaverse platform.
Q8. There are many NFT projects out there. What is the main focus of KAKA? What makes it stand out among other NFT projects?
KAKA has a clear focus on aggregation of top copyright resources in the global market. It will expand partnerships with globally known copyright brands to get their authorization, and build the KAKA NFT Metaverse. Here I sum up the pros of KAKA NFT World as compared with other NFT projects
1) KAKA is a global copyright aggregator;
2) It offers collection level NFTs;
3) A powerful copyright mechanism, selected NFTs, huge potential;
4) Repurchase at 80% of the price via a smart contract, guaranteed value;
5) Support of physical-card exchange and ownership query;
6) You can add NFTs to favorites and trade them. We made the exchange very convenient;
7) One-click upgrades, drawing of high-level collection NFTs in the Mystery Box;
8) Fusion of NFT cards, high added value;
9) During fusion, cards merge instantly. Transactions are completely open;
10) We embed various modules. Value is not affected just by unilateral market trends.
Next is the audience questioning section.
Q1. Is KAKA available for the global people or It’s limited for some area? If it’s globally available are you guies planing to introduce it globally?
Great questions, there is no doubt KAKA is a global project. We aim to bring our game and NFT cards to users all over the world. Currently, We only have English Community and We are making some progress. We are really eager to explore multi-language communities. We hope to expand our team as well. If you are a local influencer, or you have local communities, please feel free to catch me up any time.
Q2. I believe that KAKA is really Great and has very big Potential to Thrive in the future. Can you please Tell me how I can do Investment with KAKA ? Do you have any ICO or maybe presale now?
Even though there’re tons of NFT projects in different chains in different chains, Kaka is outstanding among all these NFT projects. We have our NFT licensed with great IPs, such as Marvel Series, Paul Frank, as well as One Piece on Bakery. Also, spider-verse on Binance NFT Market place soon.
At present, you can check out KAKA Key NFT which again can obtain a series of benefit which detail in our official web. KAKA Key is special identity license launched by KAKA. KAKA Key holders have all priority in KAKA Ecosystem. For example, as I answered before about the first game of KAKA Troland, its 2nd Beta is open for KAKA key holders with priority when sign-up. KAKA key holders also have rights to get NFT mystery box Airdrop. What’s more, When we launched some limited Mystery Boxes, such as the Marvel Series. KAKA Key holders have priority for purchase.
As for IDO, please follow our twitter, We have everything update there.
Q3. What are the use cases of your token, and how are we as users motivated to buy and hold long term? Will new use cases come along time?
As you can see, all NFT Cards launched by KAKA NFT World can join the repurchase program. KAKA Official will buy back all NFT cards issued by official with at least 80% of sale price. All cards issued by KAKA NFT World can be used to play Troland Games. Cards will be burned during each battle. That’s why all cards will experience deflation. KAKA token is also under deflation mechanism. Tokens will be burned in each quarter. Right now, KAKA NFT World collaborated with DODO for Marvel Series Mystery Boxes, The Force. Trade with Paul Frank mystery Boxes. Also, burning boy hero with Moonswap. Later on, we will have ONE PIECE with BakerySwap and Spider-verse with Binance NFT.
Q4. What are the competitive advantages of the KAKA? What advantages do you have that other competitor don’t have? What would KAKA most similar contender be in the market today in terms of scalability, security, features, and adaptability?
Currently, the price support of the NFTs is only derived from a simple consensus or even hype for most NFT projects on the market. Once the market enthusiasm subsided, the price of many NFTs fell sharply. What is distinct for KAKA ,is all NFT cards can be automatically repurchased by the fund pool. This repurchasing process is automatically executed by smart contracts. Solidity codes ensure that the value of KAKA NFT cards is at least 80% of the initial selling price.
In addition, cards will continue to be destroyed during the battle, resulting in deflation for the total supply of NFT cards. As the number of cards that need to be accepted by the fund pool continues to decrease, the automatic repurchase price of cards will continue to rise. Most of the current NFT cards (games), remain in a stage with simple functions such as collection and synthesis and lack depth of participation. All NFT cards in KAKA NFT World can participate in the game battle. Taking “Troland” as an example, players can participate in 1v1 or 5v5 games, which have more strategic depth and confrontation.
In KAKA’s economic model, players can make profits by winning the opponent’s NFT card. They can also obtain KAKA platform tokens through game mining, prediction market mining, etc. With the progress of the global league of games such as “Troland”, the user stickiness of the platform will become stronger and stronger. In addition, we have obtained a large number of IP authorizations, such as Marvel, King of Fighters, Transformers, Pokémon, and so on. These IPs with a large amount of native traffic will gradually integrate into KAKA’s NFT game world in different forms. Right now, all nft platform can be our competitors but none of them provide repurcahse mechasium as liquidity for NFT. But Kaka did. This is the most special advantage of kaka, not just a one time sale but a high liquidity NFT market.
End of AMA.
Let’s witness the future of KAKA!
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Website: https://kakanft.com/
