BSC Month Series: CoinTiger AMA Recap with XRUNE
Rune Farm is aiming to be a leading NFT platform in blockchain gaming. Rune launches yield farms as a way to acquire BEP20 runes that can be combined into NFTs called Rune Words. Characters and Guilds on the platform will gain certain farm bonuses or NFT rewards depending on their attributes. We are a fair launch project with no investors, no presale and no premine.
Session1: QA with the Project representative
Q1. Can you give us a detailed explanation of what “RUNE FARM” is, for those who don’t know?👏👏👏
Rune.Farm is a Diablo 2 inspired NFT protocol. Characters and Guilds on the platform will gain certain farm bonuses or NFT rewards depending on their attributes. Rune.Farm advantages are that each week you have an opportunity to get a scarce asset, what we call a rune. It’s minted in farms, and the supply is then locked forever and becomes deflationary. We like to burn things. Those BEP20 runes will then be convertable to NFTs which can be used to generate powerups for future farms, and be used in the game. They act as milestones and marketing events each week. And a safe place to get some consistent APY with less pump n dumps or rugs, as each is locked each week.🙌
Q2.Can you tell us about the tokenomics of $XRUNE, $EL, and $TIR?
$XRUNE is the original protocol token. There will only ever be 20,000. $EL and $TIR are what we call runes, BEP20 tokens that are farmed for 1 week and then supply is locked. They will then be convertable to NFTs and craftable into NFTs called Rune Words that will give character and guild buffs in future farms. Each of these runes builds on the previous in some way. After they are distributed, they’ll be used in upcoming games and marketplace. Each distribution is unique. You can click on the rune on https://rune.farm and click Details to see everything about it.
Q3. Please give us a sneak peak of your Roadmap?
- Releasing 33 runes this year.
- Creating characters and guilds, and powering them up with NFTs (Rune Words generated from Runes)
- Gamification in form of leaderboards, NFT gambling, ie. gamble your NEF rune and maybe win a ZOD
- INOs (Initial NFT Offerings) — giving others the power to join the creation process
- Streamlining UI
- Game demonstrations where you can walk around, fight, find and use NFTs.
- Launch the first ever NFT licensing/upgrade system where you can bring NFTs from game to game and upgrade them, if that game is approved. It’s a branching NFT specification we’ll be releasing as a new ERC.
- Gamification: character powerups, guild powerups, marketplace, leaderboard, games, and gambling systems.
- Arcane Game
- Marketing Fund Raiser
Q4. We can also speak about NFT direction within your ecosystem. You have made your own unique NFT crafting system. Can you explain what’s so special about it?
In regards to regular games, it’s not special at all. It’s actually quite similar to Diablo. But in regards to blockchain where somebody uploads 1 million images they bought for $40, and asks 1 BNB each, it’s pretty unique. It’s a typical RPG crafting system, each NFT has randomly generated attributes baked right into the ID. That ID is decomposed to determine your roll. That roll determines your benefits in our “products” (games, farms, etc).
Q5. In addition, you announced the development of 3D RPG online game called Arcane Sanctuary. What do you want to realize with this game? What can we expect from Arcane Sanctuary?
Binzy has been designing Arcane Sanctuary for years, in isolation. The goal is to bring the fast-paced action of Diablo, together with a more in-depth build system (think Path of Exile, but where your build is entirely based on your gear). Since your build is based on your gear, you can think of it like Hearthstone cards, you have defensive and offensive, and. synergy is key. All items… so.. all NFTs… so.. this transitions to any game style.
Session 2: Open Questions by the Community
Q1. At the moment , where you are focusing right now ? building and developing product or getting customers and users, or partnerships ? Could you share it?
Right the focus is 75% on Building and Developing the product, which is the Rune.Farm NFT platform. Our development from launch and now a month a half in has been immense and a lot of positive feedback that our community gave has put us in the radar from different sites and potential partners.
While 25% is on customers, users and partnership, obviously this is the most important aspect we need to address, we do want to make sure that the product (platform) is in great condition for a better investor/customer experience.
Q2.How XRUNE Is different from other projects?
The main differences between us and other projects is that we are creating a 33 rune ecosystem.
Whereas other projects go from one token to the next, at rune farm each rune will have a usecase so that our runes have value throughout the project.
Q3. How far you have reached according to your roadmap?
So far, we are ahead of schedule for our Q2 targets:
2021 Q1 — Done
Launch XRUNE token, farm and pools.
Character creation. Create character NFT with a XRUNE fee. Exclusive NFT airdrops for first 1000 characters (future).
Deflationary BEP20 Runes. They will initially be minted as rewards to liquidity providers, but when the next rune is created, minting will forever stop. They will be burned with fees gathered from providers. After the pools are closed, that rune can never be minted again. Then the rune will then become deflationary, as it can only be burned.
2021 Q2 — Ongoing, 25% done
Launch runes: $EL $ELD $TIR $NEF $ETH $ITH $TAL $RAL $ORT $THUL $AMN
Character inventory system. Improved way to navigate, trade, and dupe your owned NFTs. Will initially only support Arcane NFTs, but will likely be open to third-party NFTs in the future.
Rune Swaps. Swap runes based on the hardcoded ratio specified in the Rune List. The target rune is minted, while the sent runes are burned. There may be some arbitrage opportunity, as the market finds its fair price per rune. If you want to stack the rarist rune Zod, or speculate on the future usefulness of other runes.
Leaderboards, achievements, points, etc.
Shop. Purchase skins, pets, NFTs directly with BNB.
Chests. Purchase keys to unlock chests for BNB or other tokens.
Bosses. Stake $XRUNE to earn runes in boss battles.
Arcane Sanctuary website + branding.
Partnerships. Exclusive partner NFTs with unique mechanics.
$XRUNE governance voting.
ABNB/ABUSD wrapped tokens.
$ARC token launch. Stake $XRUNE to generate $ARC and get dividends automatically.
Marketing Fundraiser Event (pets).
Game alpha (PRELIMINARY ESTIMATE DATE). Small games to demonstrate how to build DeFi-based games, and highlight Arcane features.
Start work on cross-chain NFT bridge. Ethereum <> BSC bridge for Rune NFTs. Bring your NFTs to ETH + OpenSea.
Q4. Any future partnership with other nfts project for xrune?
We have been in talks with many other projects and have made proposals for them to join our system with individual inter project NFT Rune words being offered, that we create, as one part of the offer.
Q5. Do you have any plan for building Nfts into your eco system because that is the hottest topic on crypto space?
Yes, we have seen the news that Binance is opening an NFT marketplace in July and we are making sure we are positioned correctly to take advantage of this new market
Session 3: Multiple-Choice-Questions
The correct answers will be bolded
- What token of the project on CoinTiger?
2. What trading pair is available on CoinTiger?
3. On which blokchain is XRUNE based?
B.The Ethereum Network
C.Binance Smart Chain
4. Which one is the official twitter of XRUNE?
5.How many XRUNE releasing this year?