GAINS Associates
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GAINS Associates

Ancient Kingdom — Telegram AMA — January 31

On Monday, January 31, we had the pleasure to welcome to our Telegram chat:

Joe, CMO

We asked him questions about the development of Ancient Kingdom.

Some sentences have been slightly edited for readability but the meaning has been conserved.

Introduction

Q — Ayeley from GAINS: Please introduce yourself. What did you do before crypto and did you have any other previous venture in crypto?

A — Joe from Ancient Kingdoms: My name is Joe and I’m currently CMO of Ancient Kingdom. I have five years working with many marketing roles in cryptocurrency, blockchain, CEX, DEX projects. Now I’m in charge of marketing execution for Ancient Kingdom NFTs metaverse

About Ancient Kingdom

Q — Ayeley from GAINS: What the Ancient Kingdom project is about in detail?

A — Joe from Ancient Kingdoms: Ancient Kingdom is the 1st ancient martial arts game on the blockchain platform, pioneering the realization of real-time games on the blockchain platform. To expand that terrific system, Ancient Kingdom empowers players to skipper profound maps, manned power to train and find the pinnacle of fame and resources. When found, rich cases that are marked can be mined, refined, and exchanged through an organization of business mining establishments, processing plants, and the Universal marketplace.

Q — Ayeley from GAINS: Is the game live?

A — Joe from Ancient Kingdoms: So you guys can see some game images, design! We try to provide the truly NFTs game metaverse!

Actually, the testnet version is rolled out and will be launched next week at the moment, you guys can experience it in the APK link

And we have the bug-catching contest so you guys can join and win up to 1000$ for your bug finding!

Let’s join mates

Q — Telegram user Jose Gamboa: Ancient Kingdom takes NFT to the next level of innovation and harnesses the power of the blockchain. What are the innovative features that you plan to introduce in NFTs?

A — Joe from Ancient Kingdoms: In fact, with our current capability, we strongly believe in the long term development We have our own game studio, so we don’t need to outsource for the game design appearance, game map, game storyline and we understand the core value of NFTs Game Blockchain is truly game that will help the project survive in a long run so we focus on the game development and it is seen as the core value of the overall picture of Ancient Kingdom and only if the game survives, the play-to-earn model could be maintained sustainably! And the second reason is the token value. We are lucky when we have strong companions — prestigious VCs who will work closely with us as advisors in the tokenomic execution! For crypto aspects, we have a serious and rigorous plan that aims to ensure our position in the cryptocurrency industry We hope Ancient Kingdom could strongly contribute the real value for our supporters!

Q — Telegram user Milex: Many users are not aware of how to train their equipment. What are the ways that they can do it?

A — Joe from Ancient Kingdoms: Ancient Kingdom has developed the exclusive system of earning crypto tokens and NFTs that may be exchanged or sold on the marketplace. Not all games have the same type of financial incentives, but every blockchain asset gains value when a community grows dramatically and DOM token as well. DOM is a governance token with real-world economic policy implications. Control of DOM will allow the gaming community to influence the Ancient Kingdom development team’s decision-making.

This will be followed by a period of decision-making centralization, potentially lasting 2–3 years, as the game is developed and balanced. Holders will be able to influence game economics, asset delivery timetables, game direction, and other development decision-making after the centralized period ends. Staking for farm DOM/GOLD, Staking for NFTs, Payment on the Marketplace are all examples of use cases. Faction governance establishes goals for the entire faction, such as Occupy, Hold, Build, and Control.

Their objectives necessitate the staking of DOM and the passage of a vote, and there are a limited number of spaces available. Each target generates faction-wide bonuses in the target region. Faction governance also facilitates the implementation of large-scale initiatives. When a project is finished, it unlocks additional types of airdrops and/or missions for the faction.

The recent rise in malicious attacks by hackers has led to a growing need for security audits. Ancient Kingdom NFTs, despite already being audited by Certik, will seek out other leading audit firms that may help the players or traders secure their funds and keep them safe from any potential hacks or frauds.

Here is our Certik Audit document! You guys can make a reference to them

Token

Q — Ayeley from GAINS: Can you share with us the role(s) the token plays in the Ancient Kingdom ecosystem?

A — Joe from Ancient Kingdoms: Let’s make a reference to the type of tokens in Ancient Kingdom!

DOM: Governance token — Tokens in real-world
— DOM is a governance token, with applications in directing real-world economic policy. Externally, control of DOM will enable the gaming community to influence the decision-making of the Ancient Kingdom development team.

This will follow a period of centralization of decision making, likely 2–3 years of game development and balance. At the conclusion of the centralized period, holders will be able to influence game economics, asset release schedules, game direction, and will otherwise provide some degree of ownership in development decision making.

Use Case:

  • Staking for farm DOM/GOLD Staking for NFTs Payment on Marketplace
  • Faction governance sets nationwide targets, like the following:
    ● Occupy ● Hold ● Build ● Control

Their targets require staking DOM and a passed vote, and the slots are limited. Each target generates faction-wide bonuses in the target region. Faction governance unlocks mega-projects as well. After a project is completed, they enable new types of airdrop and/or missions for the faction.

GOLD: In-game currency GOLD will serve as the naive in-game currency within Ancient Kingdom. It is the lubricant of the Ancient World. Players will initially GOLD to acquire assets such as equipment, potions, items upgrade, support items. However, as in any real economy, a financial system is necessary to facilitate commerce. Whether it be through NPC merchants or direct peer-to-peer transactions, GOLD is the unit of account to execute operational requirements.

Operating a business is challenging. Managing resources will require critical strategic decision-making. Players seeking the monetary rewards available in-game will need to carefully balance their operating expenses against income derived. Operating expenses, such as personnel for mining equipment, damage attack increase for items will all need to be paid in GOLD. It will also serve as the predominant currency within the NFT Marketplace. GOLD Issuance: GOLD can only be earned through in-game activity or sales by other players. Total distribution is unlimited

KING is a precious in-game token, players have to kill the boss to have KING

Q — Telegram user MR JONI: I read that the $DOM token can now be purchased on the MEXC exchange. What impact has this quote had on your gaming platform? How will this help increase the platform’s appeal to users and blockchain gaming enthusiasts?

A — Joe from Ancient Kingdoms:🖼 Exactly! ⭐️The trading pair is available at MEXC. In the Ancient Kingdom, the DOM symbol serves as the governing token. This token can be used for a variety of different purposes, including staking, farming, holding, and purchasing GOLD tokens in order to begin playing Acdom. $DOM’s long-term prospects, as well as the profits it can generate, give MEXC reason to be optimistic about it. 💸💸

Let’s trade $DOM on MEXC now🔥🔥🔥🔥🔥

Partnerships

Q — Twitter user @karma0976889: You have announced very strategic collaborations, are there any new ones on the way? And finally what awaits us for Ancient Kingdom in the future, what are your plans?

A — Joe from Ancient Kingdoms:

We are happy to announce our current partnership with the global prestigious VCs. Each VC plays an important role in our milestones

They and even GAIN VCs support us much in the marketing execution, core game development, and also the good deals in our overall strategies

Funding

Q — Ayeley from GAINS: How are you handling funds raised during the IDO and private rounds so far? And do you intend to do any future raises?

A — Joe from Ancient Kingdoms: For raising funds, you guys can see through the articles of us in Cointelegraph

For IDO, it’s close in the middle of January already, At the moment, we don’t have a plan to raise funds anymore just focus on the next INO — Initial NFTs offerings and build the completed game version!

Q — Ayeley from GAINS: Do you have a date for that already?

A — Joe from Ancient Kingdoms: We plan to run 2 phases of INO, the private sale is on 22nd Feb, the public is 28th Feb

We will share Gain VCs the INO information in detailed

Business Development

Q — Ayeley from GAINS: How far along are you with your roadmap and what should we expect in the next weeks and months?

A — Joe from Ancient Kingdoms:

Let’s make a reference to our roadmap, and we have a detailed roadmap for the next months

Q — Twitter user @saltislife766: Games and virtual worlds increasingly host real economic activities that are enabled and accelerated on a large scale through blockchain technology. “Play-To-Earn” and metaverse are changing Gaming business models, how will you ensure sustainability?

A — Joe from Ancient Kingdoms: Acdom is fundamentally separated into three professions and six characters. The emerging feature is the use of Warrior, which is based on a strong physique. It is better suited to fighting BOSS and PK. Powerful warriors have high survivability and serve as vanguards, meat shields in monster combat, and PK. Warriors fight in PvP battles for rare items and level upgrades.

They use the in-game market to earn GOLD or KING tokens. Players also can use GOLD tokens to equip warriors before they send their heroes into battle. Ancient Kingdom players can equip weapons in the form of NFTs and manage them similarly to how they would manage their own strategy.

Their efforts generate income in the form of DOM tokens. It’s a great chance at solving the world’s problems, the better you are in the Ancient Kingdom, the more DOM you make. The more GOLD tokens you earn in-game, the more DOM tokens you can swap and the more real-world profit you generate in your portfolio.

Joe, thanks for coming into our community, and taking the time to answer our questions. Do you have any final words for us? Where can we follow you to stay updated? — Ayeley Commodore-Mensah from GAINS

We deeply appreciate your AMA invitation today! That’s a good opportunity to help the GAINS VC’s community to get to know the Ancient Kingdom project well. Many thanks ❤️

Let’s join our social media to participate in many interesting contests to win more profit mates ❤️

Website | Facebook | Reddit | YouTube | Medium | Discord | Telegram Community — Joe from Ancient Kingdoms

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