AMA with Owl DAO + Owl Games
18 Jan 2022
The AMA is hosted by CryptoWar & XBN finance team, at 2PM UTC 18 January 2022. Our guest in this AMA is Ms. Emily Palacios — Marketing chief of Owl DAO + Owl Games. You will get basics about those projects, their games, strategic plans for multi-chains in order to bring more convenience to users; P2E games & future invasion into GameFi industry, etc. Let’s read & enjoy the AMA recap.
Also, don’t forget to tune in for our second AMA which will be hosted at discord.gg/Ve9Da7MsGc by Owl team, at 2 PM UTC 19 Jan 2022!
Mr. Tri — XBN & xBlade: Today, XBN and CryptoWar xBlade community is honored to host Ms. Emily Palacios from Owl DAO and Owl Games to have an AMA session with us!
Ms. Emily Palacios — DAO: Hi everyone!
Hi Tri, thanks for having me over, nice to e-meet you and all the community members here!
Mr. Tri — XBN & xBlade:
For a brief introduction: The Owl Games brings the unique casino experience to Ethereum Networks including Ethereum, Binance Smart Chain, Polygon, and more. And the Owl DAO which manage The Owl Games aims to build the best casino solution on Ethereum networks. Partnering with leading protocols, the OWL token provides perpetual buyback from casino incomes, plus auto-liquidity and staking rewards. You can check the info about The Owl Games and Owl DAO here:
In Today AMA we will have 3 sessions:
- Part 1: 5 general questions from me for Emily to explain Owl Games and Owl DAO do.
- Part 2: 3 questions from Twitter community to Emily
- Part 3: 2 live questions from our community in Telegram to Emily
Emily — are you ready?
Ms. Emily Palacios — DAO: Yes, I’m ready !
Mr. Tri — XBN & xBlade:
Question 1: What are connections between Owl DAO and Owl games? How do they support each other?
Ms. Emily Palacios — DAO: That’s a great question Tri!
Owl DAO aims to bring benefit and wellness to all $OWL token holders and Owl Games is the main casino who will contribute its partial revenue to support Owl DAO community
Owl DAO aims to bring benefit and wellness to all $OWL token holders and Owl Games is the main casino who will contribute its partial revenue to support Owl DAO community. Since Sep 2020, $270k USD have been committed to Owl DAO. The funds are used by buyback $OWL token, sending to $OWL stake pool as pool reward. All record are displayed on owldao.io
Mr. Tri — XBN & xBlade:
Question 2: On your landing page, Owl DAO aims at building the best casino solution on Ethereum networks BUT we see only three chains: BSC, Polygon and Fantom. How about ERC20 and what are your plans for it because recent months transaction fee on ERC20 chain is very expensive. It even get worse recent weeks.
Ms. Emily Palacios — DAO: Well, the $owl token is on 3 chains, the main one is BSC.
owl.games also serve as a free of charge ‘bridge’ for the tokens to cross-chains. You can deposit on BSC and withdraw on FTM, for example. If there is any arbitrage opportunity players can do that.
Owl. games, the casino itself supports basically all EVM-Chains. ETH, BSC, POLYGON, FANTOM, XDAI, AVAX, Celo, Moonriver, Cronos etc. on top of that, we also support Solana at the moment. Owl.games will keep supporting more chains for the players as demand increases in other chains.
Mr. Tri — XBN & xBlade: That’s something we want to develop with both of our $XBN and $xBlade token as well. Starting with BSC. Then bridging the token to 5–6 different chains to reach out to more users across different chains.
Your games are already on 3 chains and the games can support much more chains than our game at this moment! This is something we need to learn from The Owl Games
Ms. Emily Palacios — DAO: That’s an amazing feature to all token holders! the future is multichain
Mr. Tri — XBN & xBlade: I agree!
Question 3: Please explain about Buy back & burn as well as Add Liquidity mechanism? How will it bring benefit to investors?
Ms. Emily Palacios — DAO: of course
- Buy back and burn is done via the monthly contribution by owl.games casino
- Add liquidity is auto — there is a 10% tax rate on the xfer.
So the token contract itself will store the tax there. Once the tax amount in the contract hit a certain amount, I think at the moment it’s 200k, it will sell 100k owl into BUSD and add 100k owl + the BUSD for liquidity.
Mr. Tri — XBN & xBlade: Cool, we also have a similar tax mechanism where we use the tax revenue to buy back and burn, and add capital into development fund and marketing war chest too. The tax also help token to reduce bots attack. That’s why I see many altcoins they adopt this mechanism.
Question 4: Owl games provide diversifying games, are all of that built by Owl DAO or from third-party game publishers/ providers?
Ms. Emily Palacios — DAO: Actually 99% of our games come from Renowned 3rd party game providers from around the globe. To be more specific more than 29+ game providers offering a wide catalog of more than 3000 games to give players a lot of options to chose from.
From traditional casino games like, Slots, Blackjack, Roulette, etc. To Game Show type games where players can interact in real time with the hosts of theses games on live stream that said.
We also have In-house RNG games, which are under the original category, we have DICE and our latest release X-Roulette.
Mr. Tri — XBN & xBlade: Nice, in the future when our project go to certain scale, we also want to become a gaming ecosystem and host games inside our platform to have independent game content creators to create games in there for our users to enjoy
Ms. Emily Palacios — DAO: That’s great, I’m really fond of projects that take into consideration 2 of the greatest motivators of the ecosystem. Having fun and making money am I right?
Mr. Tri — XBN & xBlade: Yes. we are very much on the same page on that one.
Question 5: Please explain about Showcase at https://owldao.io/showcase and difference than given games at Owl games?
Ms. Emily Palacios — DAO: To work with owldao to build a casino we do a customized theme for your domain. Different casino just have different theme and customized supported token list.
Mr. Tri — XBN & xBlade: Okie thank you Emily — that answer shall conclude the Part 1 of our AMA. Now I will provide the 5 questions from our community from Twitter, Live are you ready into the 2nd Part?
Ms. Emily Palacios — DAO: It’s my pleasure Tri, thanks again for your great questions. Let’s see what the community has in mind for this second part.
Mr. Tri — XBN & xBlade: Okie here is the first question:
Question 1: From Gustavo pereiraa @PereiraG3
Metaverse is sometimes referred to as the “new “ or “next generation” of the Internet. The terms Metaverse and GameFi have been coined. The market is intensely competitive, and the fittest will survive. Is #OwlGames capable of surprising us? What distinguishes you from others?
Ms. Emily Palacios — DAO: Great question from Gustavo.
Although I believe Metaverse is a great part of the “New Internet” I believe Web3, is the best answer for that since this is just the tip of the iceberg.
In the path to innovation the key to survive is adaptation, our team is always up to date with what is happening outside. Partnerships are an incredible powerful force and if we combine all those elements with a form of entertainment that had been proven by decades, like casino gaming. I trust we are on the right path to success.
Question 2: from Paleka @PalekPaleka
P2E games are blowing up in the cryptocurrency space with great potential. A significant issue for many of the currently offered P2E games is just that they are being created as blockchain games, not great games where blockchain is just one element. How’s your Owl Games different?
Ms. Emily Palacios — DAO: Thanks for Paleka
I Believe that many great games and ideas overall are being developed on the blockchain and will continue to evolve. On our side, Owl Dao combines the best of both worlds, bringing external solutions such as Live streamed games, new versions of games people is very fond of and creating a suit where users can interact completely on the blockchain.
Question 3: From Hadi gilak @gile_marday
How do you plan to spread awareness about your project in different countries where English is not spoken well? can you give some advice why they should buy and hold this token and participate in project in the long term?
Ms. Emily Palacios — DAO: Thanks for asking Hadi.
As I’ve previously mentioned Partnerships are a key in our growth, and we are currently developing partnerships with non-English speaking markets, our team is made by passionate people from all around the globe, and we are striving to bring that globalization into everything we do.
Why someone should buy our token? the first step can be having a visit at our games and checking out what we are building, this is just the beginning of a long journey and our team has all the experience to make this project the top Defi Casino Solution.
on top of that, you can stake your $Owl and earn rewards while you hold
Question 4: From Fumiko Tanaka @fumikotanaka
- Where can I buy it?
- Also all the links to all your social media platforms if possible?
Ms. Emily Palacios — DAO: You can buy $OWL on:
- FTM — SpiritSwap : 0x9564fbfd3b3819d6fb2dbc88c75e112400be8f0c
- BSC — Pancake Swap : 0x9085b4d52c3e0b8b6f9af6213e85a433c7d76f19
- POLYGON — 0x9085b4d52c3e0b8b6f9af6213e85a433c7d76f19
- Our socials Telegram: https://t.me/owlgamesinfo
- Twitter: https://twitter.com/TheOwlGame
Question 5: From FlappyBit ($xBlade, $XBN) @xBlade10B
Do you have the free-to-play mode?
Ms. Emily Palacios — DAO: You can try our games for free, and you can keep up to date with our community. We regularly release bonus codes and airdrops to members that are active on our community.
End of Q&A
Mr. Tri — XBN & xBlade: Thank you Emily for great answers today! Look forward to see TheOwlGames and OwlDAO to grow much bigger in the future!
Ms. Emily Palacios — DAO: Thank you again Tri for having us over, It’s been a pleasure to chat with you today