AMA with Crypto Stalkers
12 January 2022
It’s a recap of our AMA with Crypto Stalkers’ community. In this AMA, you will get comprehensive information about our project, pre-historic, current and future. You will also get some sneak peek about our strategic development plans for CryptoWar. Let’t get started!
Mr. Navi — Crypto Stalkers: Good Day everyone, we are happy to have CryptoWar to our live Short AMA session today. We have Tri Ton with us to talk more about their products and upcoming updates. Must join their Group if you’re attending today’s Short AMA session https://t.me/elasticbitcoinxbt
Short AMA Structure
- Segment 01 → 3 Questions
- Segment 02 → 2 Questions
- Segment 03 → 3 Questions
Segment 1: Introduction
Hey Mr. Tri! Glad to know, how’s things going?
Mr. Tri — XBN & xBlade: It’s amazing on my end! Thanks for having me here and share about our project CryptoWar xBlade!
Mr. Navi — Crypto Stalkers:
Question 1. Can you briefly tell us about your project ( Crypto War ) ?
Mr. Tri — XBN & xBlade: So we have been very much into DeFi technology in 2020 and the first half of 2021 with XBN, a project we initiated before CryptoWar. In mid of 2021, realizing the implications that NFTs can revolutionize gaming into a field where gamers can play and make a living from their investments and efforts, we developed our first game, CryptoWar xBlade, that aims to be our core product for GameFi space. We emerge ourselves into Metaverse developments and are working day and night to create new features into CryptoWar so that Cryptowar can be an intersection of gaming, virtual social, and finance.
Ultimately, CryptoWar strives to become a sustainable gaming ecosystem that brings enjoyment and roads to wealth creation for everyone. Players mint heroes, collect weapons, fight monsters, fight other players in the game to collect xBlade, which is a native currency of the game. xBlade can then be either cashed out for real money or further upgraded in-game items for more powerful heroes and weapons in order to collect more rewards in the future.
As you can see from this picture, #GameFi is growing from an estimated $68B in 2021 to an estimated $200B in 2022, in the backdrop of Cryptocurrency in general growth from $3T to $7.5T during the same period of time. Thus we want to use CryptoWar xBlade to capture this market opportunity and make a big company from it.
Mr. Navi — Crypto Stalkers: GameFi! We love it!
Question 2: In terms of technology and finance, what will make CryptoWar project different than other GameFi projects that are abundant recent months?
Mr. Tri — XBN & xBlade:
Technology wise, we build this game 100% on-chain, so it’s completely transparent and secure. The downside of this is every time a gamer do something in the game (i.e. any in-game activity or transaction), the gamer then actually interact with the blockchain (we are on BSC at this moment) and thus has to pay some gas fee. At first this is not big of a deal. But when we have more gamers and the game becomes more complex that require gamers to interact more in-game, and suddenly BNB surged in the past 2 months from ~$400/BNB to $650/BNB, this becomes quite expensive for gamers.
To cope with this, we implement 2 things:
- (1) We compensate the gamers $0.80 per P2E fighting transaction that the gamers lose the fight (losing the fight means you don’t get token reward). So this offset transaction costs quite a bit.
- (2) We will bridge our game into other chains such as ThunderCore, Polygon, AVAX, etc where the TPS (transactions per second) and fee are much lowers. In the near future our game should be able to played across 5–6 different chains.
From the finance side, we think that what make CryptoWar different is we try to build a balance game in various aspects: the game itself should both create enjoyment for gamers to play and provide them an opportunity to make money. We want to build a game that may take longer time for gamers to break-even, but we can assure this one thing: there will be no inflationary pressure and gamers don’t have to worry about game collapsing. Our mindset is to 250x the value of xBlade is more important than go into the beaten path of creating a weakly designed game, collect gamers by advertising and provide unsustainable ROI to be competitive — and then blow up after 3 months.
Mr. Navi — Crypto Stalkers: Very unique!
Question 3: Please tell us about the goal you want to achieve in this year ?
Mr. Tri — XBN & xBlade:
Right now we are focus on building a strong PvP (Player-vs-Player) core game play, shifting P2E (Play-To-Earn) into its rightful place of introductory and tutorial into the game. We actually just release the first mode of PvP last week and in the process of perfecting it as you know, new feature comes out can be buggy. Then for the next week, we are about to release the 2nd mode of PvP and then we have 2 modes where players can interact with each other.
For the past 3 months, mostly when people think about our game they only think of P2E because we then only have P2E feature, so everyone who look into our project judge it by how the P2E performs. In fact P2E is a very very tiny part of the game we are building. I estimate the significance of P2E is less than 5% of total value of CryptoWar xBlade by the end of 2022.
This phase of building a strong PvP core game play already started from Aug 2021 and will probably last till May, 2022. We have 3 milestones on this phase:
- Milestone 1 — [Done] — P2E: Heroes battling Monsters.
- Milestone 2 — [In Progress] — PvP: Heroes battling other Heroes.
- Milestone 3 — [Not Started] — Market: Lending / Staking Heroes.
After we release the PvP feature, we’ll build a lot of things on top of it, with various game plays, various way that gamers communicate and interact with each others. PvP on itself is a vast space that we can add a lot of features to make our game more enjoyable in the future.
We will also have Free-To-Play feature to lower the barriers of entry for gamers who have tighter budget. These Free-To-Play heroes can then be upgraded into a full featured normal heroes in the future should the players achieve enough points in game or by our token. This should be done in the next 3–4 months.
Right now we have 200 gamers and about 60K in-game transactions. I think by the end of 2022 we should have thousands of gamers and probably crossing over 1M in-game transactions.
Mr. Navi — Crypto Stalkers: Huge achievements, Still so many things yet to come.
Mr. Tri — XBN & xBlade: Thanks, team is working days and nights :)!
Segment 2: Dropping Questions from Twitter Post
Mr. Navi — Crypto Stalkers:
Question 1. I read that they own a referral system with the opportunity to earn 1% for every new user. My question is, will this percentage be able to increase in the future? Besides this 1% reward, are there any other benefits to this referral system?
Mr. Tri — XBN & xBlade: Yes this might be the case, right now it’s 1% but it might increase. We will make decision about it in the future. The 1% is only for the Bond buying though:
We have 2 types of Bond.
The first is you buy xBlade for lower price from our xBlade/BUSD Bond. This Bond you have 2 duration: 7-Day and 50-Day.
The second is you stake your already have xBlade for a lock-up for 220-Day. This we call Staking Bond.
This is the current situation on Bond:
As you can see:
On the top we have BUSD Bond at 50 days. That one we sold ~$17K worth of Bond. We actually sold out very fast the 45-Day Bond, and after that the duration of the Bond increase to 50-Day. After the next xBlade (442,656 xBlade) to be sold out from this 50-Day Bond. We will increase the duration of this Bond up to 55, and so on.
xBlade Staking Bond is now at 220-Day. And people staked about $63K at this moment. This Bond comes out at 180-Day. It gets sold out. Then the 2nd round is released at 200-Day. It gets sold out. Then the third round, which is this round it is release at 220-Day. We see about 1.5M worth of xBlade is being staked at this 220-Day level. After the remaining 1M xBlade is out, the duration for our next staking bond will be 240-Day.
The 7-Day have been moving slower, because it is on the less discount. Mostly people really hunt for yield and go for the 50-Day.
Other Referral we have is the Hero referral, for example
In here if you go into the game and referral people to buy Heroes, then you get 10% bonus on the hero minted ($25) and your friend when they mint the hero get 7% discount, $17.50.
So it actually better for both you and your friend to mint new heroes through a referral link rather than just going straight to the game and mint it out.
Mr. Navi — Crypto Stalkers:
Question 2. I see in your medium that you implement an economic method on bonds and that the speed of acquisition can benefit a lot, my question is how do these bonds benefit the liquidity, adoption and sustainability of the project? and why are they so profitable for the users?
Mr. Tri — XBN & xBlade: For our Bond right now all of the proceed will go to buy back and Liquidity Pool in this schedule:
- 25% of the proceed goes back into buy back immediately. So when someone buy bond, it helps the price immediately.
- 25% goes to the liquidity pool.
- 50% goes to a treasury where we use that treasury to buy back xBlade and top-up the liquidity pool in a fix frequency at 1% treasury pool every 8h
This help to create another entrance for the project with good entry, and also reduce selling pressure: it induces the people who invest into the project with a long term mind set: Go for a good price and willing to sit through with us in a reasonable amount of the time. This is actually the set of token holders that we like. We prefer this better than the non-believer holder. In a project like ours, it take time to build intrinsic value and create wealth. And the reward is not linear distributed. Meaning it’s not you come in and the price goes to $0.050, $0.070, $0.100, etc …. It might, but it might be not. It might be $0.040–0.050 for an extended period of time and then we develop something really cool or the marketing plan clicks, then it exploded. Those who stay for long term get this rewards. Those come and go usually misses this kind of return pattern.
In term of yield I think it’s a fair price for the bond buyers. Reasonable yield and we can certainly pay. No big deal here with this yield at all :).
LIVE Question/Answer SESSION
Mr. Navi — Crypto Stalkers: It’s time to open group for next 2 minutes for our telegram community to present their Questions. After that you’ve to pick 3 Good Questions and answer them. You ready?
Mr. Tri — XBN & xBlade: Yes!
Mr. Navi — Crypto Stalkers: Now you can answer 3 Questions! Mr. Tri — XBN & xBlade: Okie thanks for some very thoughtful questions, let me go through these and pick the 3 authentic and good questions and will answer them, please allow me some time.
Question 1: from @Linpet2
I observed that Xblade price is independent of Bitcoin price movement.. in this recent dip… It didn’t dip with the general market.. it even had epic price growth and was top gainer… How was the team able to achieve this? Cause that’s what most crypto coins fail to do… They are not able to be independent in their price movement…
But Xblade is..
What’s the secret?
Mr. Tri — XBN & xBlade: I think this is because with xBlade we really focus on creating intrinsic value for the project. We look at our project in a tradition and proven way of doing business: We don’t go after hype, and fake development, and tag-along with some other successes. Rather we spend our time coding, building up ideas, working with partners behind the scene, etc. So we generate value for the project. The idea is the market can always go up and down and there will be macro developments that good or not good for any project. But a project that have value keep going up will going up higher during good time and going down much less during bad time.
Also our community is quite strong, comprised by strong believers. Our community want to go in for $xBlade at current marketcap at $4M and at least sell some of the xBlade out when it reach $100M. They don’t go in for $4M to exit at $5M. So they don’t sell much and not panic when the general market declines.
Question 2: from @yfasjsk
Can you explain us more why should we invest on your project and have you done any partnership and raised funds from strategic investors ? Why you choose Binance Smart chain? we see some chain pop up with good scalability too, then why you choose BSC??
Mr. Tri — XBN & xBlade: In a nushell why you should invest:
- Team: Capable and committed team. Definitely want to bring this to $1B in the next 5 years.
- Price: Good entry at this moment, $4M MCAP. Targeting $100M MCAP somewhere this year.
- Mindset: Long-term and value-creating mindset. No rug-pull, hype creating, pump and dump, etc.
- Favorable macro condition: GameFi on-the-rise and Crypto adoption is very supportive.
Backers & Partnerships:
- Cloudjet Solutions: VC backed IT company from Singapore.
- Altair Alpha: Keiretsu’s Angel backed holding company in the US
- XBN: DeFi project created from us before xBlade.
- Altair Cliff: Fund managing company from the US.
- ccFOUND: Web3 knowledge marketplace from Poland.
- Quarashi: Crypto super app from Romania
Why choose Binance:
- Back then we think Binance is good in term of infrastructure, okay in term of transaction fee, coding language is similar to ETH but cheaper transaction cost, already have large user bases that is critical for us in term of traffic. So starting from Binance is good.
Why bridging to other chain:
- Lower transaction fee.
- Increase adoption from different subset of users.
Question 3: from @udnvfn
Can you list 1–3 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?
Mr. Tri — XBN & xBlade: Some killing features:
1st — PvP: No joke but PvP is a huge leap forward. Consider all the game you can find and read about in the market right now and think about these questions:
- How many of them are just marketing and not have anyone do actual code just yet?
- How many of them are just start coding and how can we know if their code is good?
- How many of them actually release P2E and that P2E already stands the test of time (let say at least sit there in the market for 3 months)?
- How many of them actually have PvP feature?
When you go through these 4 question you’ll see the number of project you come into after each question get smaller and smaller. So at least with us you know we do something real and we have some important progress.
2nd — Bond: I don’t recount much of other games they have bond feature to align token holders to long term time horizon with the project AND provide a good entry point for investors.
3rd — P2E: Our P2E is pretty solid. Though as time goes by it will become less and less important. It is already a small part in our game right now. But our P2E is solid in term of tech infrastructure, game design, and finance. There is no risk that P2E run wild and we have our reward pool depleted.
AMA SESSION CONCLUDED
Mr. Navi — Crypto Stalkers: Thank you Mr. Tri for your precious time. It’s really awesome to introduce CryptoWar to our community. Looking forward to see you again in our community :)
Have Questions? Fee free to ask them in their community
Mr. Tri — XBN & xBlade: Thank you and everyone!