Cradles Live Twitter Spaces AMA Recap, 2–18–2022
Today’s AMA was conducted live on Twitter Spaces with CEO and founder of Cradles, T.Y. Cradles expressed their plans to develop the game properly, which means some delays in the release are inevitable. They promised to provide more updates and improve transparency to the community so everyone understands where Cradles is on the development roadmap. We are preparing for a new era in Cradles community management to propel the growth of the project to new levels because the community is the most important aspect of the game.
CAN CRADLES NFTs LIKE WEAPONS OR ARMORS BE LEASED TO OTHER PLAYERS FOR PASSIVE INCOME?
Of course, players can rent out NFTs like many other projects but we need to consider the added value of what Cradles can offer to players. Cradles has EIP-3664, so an even better option would be to stake coins into NFTs.
Our features are highly distributed, and play-to-earn is not the right term. Because what play-to-earn does essentially is defraud the players. We refer to Cradles as play-to-enjoy. Players should use their weapons and armor and earn by staking the Cradles coin into their NFTs. This makes the NFT much more valuable, earning more rewards. This also makes holding CRDS an extremely valuable proposition. Renting NFTs is an old story similar to Web 2, where traders buy NFTs simply to lease out to someone else actually playing the game. Or users are simply buying the NFTs to sell them to other users. But the problem here is the users don’t have interest in the game, they’re only interested in collecting and selling. That is an unsustainable system that the Play-to-earn mentality has set up. Cradles still lets you lease and rent but the better alternative would be to stake to create more valuable NFTs.
Another option in Cradles that takes us way beyond play-to-earn and mere NFT rental is the ability to stake CRDS into NFTs belonging to other gamers. For instance, a CRDS holder could be watching a live stream of a skilled gamer in Cradles and choose to stake their CRDS into, for example, the weapon of that live streamer. In other words, backing that skilled player. This is a new way for CRDS holders to earn even more rewards by staking into an NFT belonging to another player.
We know investors want to make profits and want valuable NFTs, and that is why we encourage staking into NFTs rather than just flipping them or renting them.
WHAT SECURITY FIRM WILL CONDUCT THE AUDITS OF CRADLES?
Well, as you know, I used to be a cryptography researcher and a security professional, so I am currently doing it myself. Cradles is approaching security as a first priority. Many applications like cross chain bridges are having security issues right now and losing their investors funds and confidence. Cradles is making sure we develop with all the necessary precautions from the start. For an official audit, we will pass that task on to the most advanced team to be identified in the future.
WILL CRADLES HAVE LOCK STAKING AND FLEXIBLE STAKING ON LIQUIDITY POOLS?
Yes, of course. I would like to expand on this as an introduction. GameFi is trying to be the gaming branch of DeFi right? For decentralized applications in DeFi, liquidity is the most important option. Yet liquidity as a tool to earn is somewhat naïve.
GameFi currently relies heavily on liquidity. Once the world sees a game like Cradles, they will begin to understand that the liquidity pool is not the most important part of earning in a real blockchain game. Cradles will have liquidity pairs available that investors can use to stake and earn returns. But we are taking it a step further — not only can users stake liquidity pairs into the pool but they can also remove those LP tokens and stake them in NFTs.
The first priority is to have fun but of course, we all want to make profits. Cradles does this while resembling a traditional game that will attract traditional gamers. Having a steady stream of product users — as opposed to mere token speculators that we know isn’t enough to sustain token economies — will bring in more profits for the entire community by way of increasing utility, which, in turn, generates organic demand. So the liquidity pool will play an important role in the game, but will not be the only or most crucial one.
WILL CRDS BE USED TO PAY TRANSACTION FEES?
CRDS will not be used to pay transaction fees. Trading CRDS is used to support the game. As of now, there will be no transaction fees for trading so any fees will be chain-based only. MetaCore currently runs on Binance and the only fees are the minimal Binance transaction fees. There are currently 4–5 projects starting to use EIP-3664 and MetaCore, which was built by the Cradles team. We are happy to see the technology spread and will likely keep MetaCore free in the early stages to let everyone enjoy the power of 3664.
CAN WE HAVE A RARITY CHART FOR DRAGONTARS AND EACH OF THE COMPONENTS SO WE KNOW WHAT IS RARER?
Yes, we will work on producing this for the community soon.
DOES THE NO FISHING GAME CONSUME THE ENERGY OF A DRAGONTAR?
No, we really want everyone to enjoy the game so we don’t want users to lose their Dragontar while playing.
There is a paradox in DeFi. When people look into Axie Infinity, for example, we see limits whereby players lose their strength and ability the more they play. This isn’t how a traditional game should work. We want to build a community around Cradles and want them to play to enjoy. They shouldn’t lose their ability to play for being a dedicated player.
TIB, DO YOU HAVE ANYTHING TO SHARE WITH THE COMMUNITY?
One of the most important things to understand is the EIP-3664 as a new NFT protocol. Cradles needed more than what was possible with existing NFT standards. So we created a modular NFT protocol. This will open the door to rich gaming experiences, and even art in the future will benefit from the protocol. 721 and 1115 don’t give the same user functionalities. Cradles is much bigger than an MMORPG in the sense that we are trying to be something like a true enabling force for the decentralized metaverse.
DOES CRADLES PLAN ON PARTNERING WITH LOSSLESS PROTOCOL OR SIMILAR COMPANY TO PROTECT FROM HACKING?
Cradles Coins (CRDS) will be developed so they can’t be stolen. This is a separate cyber security issue to be honest, like how we can protect your coins from malicious actors. The contract deployment is important. To secure the contract and the tokens we will do this in the early stage by addressing these problems head on. We will review every line of the code and won’t allow any short cuts that will allow in malicious actors. We have successfully deployed the Dragontar with zero successful attacks and that is essentially the power of EIP-3664 because we are including the most advanced features and technologies with security as the first priority to keep our community’s tokens secure.
ASIDE FROM DINOSAURS, WHAT ARE THE OTHER TYPES OF MONSTERS WE CAN HUNT IN CRADLES?
Some GameFi projects announce simple things like users can earn, and win some items, but more is needed for a full game. Cradles has a variety of monsters that are strong with immediate attack features. For example, we have monsters from the fifth dimension that we call laser men. These are dangerous and will initiate an attack. We also have animals from nature in the game. These animals, like dinosaurs, don’t necessarily initiate an attack. But if a player attacks the natural animals, they will defend themselves. We developed the natural creatures, like dinosaurs, to have different danger levels. But players need materials from these natural animals so players will need to initiate attacks.
For the community, later this month, we will drop several video leaks for the main game. The No Fishing game test will be coming this month, and next month we will release several in-game videos for Cradles. Then we will continue to develop content. Right now we have two city states and are developing more. It is time intensive but worth it.
HOW WILL PLAYERS BE SELECTED IN NO FISHING MATCHES? DO WE CREATE OUR OWN OR DO WE JUST WAIT IN QUEUE FOR RANDOM PAIRING?
We are doing a random queue for playing No Fishing. We can’t have players selecting their friends because that opens up the possibility of cheating. It is a 2v6 game. The watchman is very powerful in the game so the players need to hide and make the most profits as possible before the watchman catches them, but we can’t have players team up and try to help someone win to make more profits.
IS THERE A RANKING OR A TIER SYSTEM IN THE NO FISHING GAME?
Yes, there is a tier or rather a ranking system. We referenced the models of other games in which players receive a higher cut along with a higher ranking. This makes the rewards more accurate because it motivates players to achieve a higher ranking. You can’t necessarily get more CRDS with a higher ranking but there are rewards for achieving a higher ranking. Players will first collect their fish, and then they will collect their CRDS based on the number of fish caught.
WHEN WILL THE NEW WHITEPAPER OR LITEPAPER BE RELEASED?
It is about 90% done. The biggest concern is about tokenomics and how users can use the Cradles coins because that is the most complex mechanism to explain for investors. We are working on closing the private round. We have been very busy developing but are ready to come back and help build the community up.
I would like to tell the community to focus on projects that have innovative technology. GameFi has turned into Ponzi games and the community of investors is learning this fast. What Cradles is doing, is trying to make a real game, for real GameFi. We produce high-quality games and anticipate our project will be a top three game in the future. Some of these expensive NFTs in Games like Star Atlas are almost like theft. We’d prefer to make high-quality games rather than expensive NFTs. Our tokenomics will be a thing of beauty, and we are working hard to make sure our whitepaper explains our model simply.
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