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GAINS Associates

FaraLand — Telegram AMA — May 24

On Monday, May 24, we had the pleasure to welcome to our Telegram chat:

Bryan Gardner, Project Manager.

We asked him questions about the development of Faraland.

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

Summary

Faraland is an innovation project combining NFT technology and gaming experience, the very first leading game on Binance Smart Chain (BSC) with NFT. All NFT in Faraland can also be integrated into Faraland games later, which will help them increase the value.

Faraland’s users can use their NFT heroes in many unique ways, from equipping them with powerful weapons or shining armours to engaging them in various thrilling battles.

Not only are exquisitely digital collectibles created using blockchain technology, but all NFT in Faraland can also be integrated into Faraland games later, which will help them increase the value.

Introduction

Q — Ayeley from GAINS: Tell us a bit about you. What did you do before crypto and did you have any other previous venture in crypto?

A — Bryan from Faraland: My name is Bryan Gardner — Project Manager of Faraland. I have 10 years of experience in functional, performance, security, blockchain QA in many fields and more than 6 years as a project manager for big both product and outsourced companies. We see blockchain can solve many problems, but up to now, it is still only applied mainly in the coin world (virtual money), very narrow, not applied much in practice. Therefore, I and my colleagues have decided to study research and development of blockchain-based products since 2016. As a result, Moon Knight Labs was established in September 2020 and Faraland is one of our product

About Faraland

Q — Ayeley from GAINS: What is Faraland about in a few simple sentences?

A — Bryan from Faraland: Faraland is an innovation project combining NFT technology and gaming experience, the very first leading game on Binance Smart Chain (BSC) with NFT. Not only are exquisitely digital collectibles created using blockchain technology, but all NFT in Faraland can also be integrated into Faraland games later, which will help them increase the value.

NFT is the soul of this project. Each Hero NFT of Faraland is unique and is indistinguishable from other NFTs. Each collectible is matchless, genuine, and varies in rarity. Faraland Universe has many different races like Human, Orc, Angel, Demon, Dragonborn, Elf, and Fairy, which are waiting for the user to discover.

Faraland is different compared to other NFT projects where NFT is just used for collection and no more. With many exciting gaming activities, Faraland’s users can use their NFT heroes in many unique ways, from equipping them with powerful weapons or shining armors to having them engage in various thrilling battles. It’s a solid and exciting game with a fundamental and engaging storyline. We also focus on the “play to earn” mechanism, which makes Faraland far beyond the regular game. You can reinvest in the game, make your hero stronger, or cash out for money. It depends on your choice. Our vision is to make Faraland become a “dream job” by bringing a stable income to the players around the world.

Faraland is a turn-based strategy & RPG. In-game, you can use your NFTs as heroes and compete with other players by learning powerful skills, collecting rare equipment, recruiting troops, moving around the map, capturing resources, and joining battles. All heroes have mutually exclusive attributes, and after each battle, they earn the experience, such that veteran heroes are significantly more powerful than inexperienced ones. We will also release a comic of Faraland soon.

Q — Twitter user @meml1997: I read that one innovative feature Faraland will have is something called “Floor Price”. Can you tell us more about this feature? How does it work and what makes it so innovative? What advantages will this feature bring to users?

A — Bryan from Faraland: It’s so great when people notice our “floor price” mechanism. It’s our unique mechanism. When each NFT hero is summoned we will get 10% of the hero’s value to add to NFT’s floor price, which means your NFT has surely a minimum price since it’s minted, not like other projects, your heroes have no sure price. We also have many features to raise your heroes’ price: — Whenever the heroes are traded on the marketplace, their floor price will be gained — You also can raise your floor price by using BNB token. Later we will change to use FARA token to raise heroes’ floor price. It will raise the demand for FARA tokens.

Q — Twitter user @Lidiamga: Could you explain to me what role the rate plays in each NFT? Currently, the NFTs shown on your page have a rate of 50%. Will it be possible to increase the rate? Will there be NFTs with the highest base rate?

A — Bryan from Faraland: Yes, you are correct. We have many difficulties and rarity types in our game. For examples:

1. We have 7 races with different rarities:

+Human (50%)
+ Orc (24.6%)
+ Elf (20%)
+ Dragonborn (1%)
+ Fairy (4%)
+ Angel (0.2%)
+ Demon (0.2%)

You will be able to start summoning randomly NFTs by paying NFT (we also call it NFT sale) at the end of May because we have just passed the Certik audit. We are ready to go. The rarer your hero is, the more valuable and more base stats your heroes will get.

2. We have 10 equipment types for each hero: MAIN_WEAPON, SUB_WEAPON, HEADGEAR, ARMOR, FOOTWEAR, PANTS, GLOVES, MOUNT, TROOP, SKILL_BOOK. Each piece of equipment will have the following rarities:

+ COMMON (40%)
+ UNCOMMON (30%)
+ RARE (20%)
+ EPIC (8.5%)
+ LEGENDARY (1%)
+ MYTHICAL (0.5)

You can get the equipment when opening the gacha, the quest’s rewards, …

3. We also have the difficulties raised by each level of the tournament, the harder monsters and bosses after each level, and so many more,

Q — Telegram user K👑: Faraland allows players to own “unique NFT warriors”, but, is it the user who customizes each warrior, or is it an automated process by Faraland’s platform?

A — Bryan from Faraland: We have many body parts of each race: body, nose, hair, tattoo, eyes, mouth, skin tone, scars, … When you summon, we will pick you a hero with random body parts and race. Even we can not control that, and remember about the rarity? It will be great if you can pick a Demon or an Angel, which are super rare!

Q — Telegram user August: I read that each NFT hero will have a minimum price in their MarketPlace, but if really NFTs do not have a defined price, then why impose this price on Faraland heroes? and will it be the same price for everyone? or will some be more expensive than others?

A — Bryan from Faraland: Yes, the “floor price” ensures you that the heroes will have the base price, not like other NFT projects. And this “floor price” will be increased when you trade in our own marketplace.

Q — Telegram user Super-Girl Says 💬: Tell us a little bit about transaction fees How much will be the commission costs for buying, selling, or trading an NFT?

A — Bryan from Faraland: This is one of our big advantages against other games. We are aware of the gas cost on blockchain games, so we try to reduce the gas cost for our users as much as we can. Although Faraland is developed in the BSC chain, and the gas fee is very cheap, it will be big money if there are many actions requiring gas fee. Our smart contract also cost very little gas, and it passed Certik’s audit. Also, most of the actions in the game (PVP, fighting boss, explore the ) do not require any gas consumption. You even can buy or sell NFT heroes and equipment, … on the marketplace off-chain then acquire your token once because we sync these actions between off-chain and on-chain.

Q — Telegram user 🌿 Crypto Flower: I read that users will be able to bet $FARA token to increase hero levels Does this mean that whales will be the powerful ones inside the game as well?

A — Bryan from Faraland: No, we allow staking of the FARA token to gain hero’s level. Don’t worry, we have many ways to level up our heroes which do not require funds. We take care of the balance of the game also.

Q — Telegram user Thomas: Faraland is an NFT RPG that allows players to own unique NFT warriors. Who are the creators of these NFT warriors? If I am a developer interested in being part of Faraland’s artists, what requirements should I meet and who should I contact to be part of your project?

A — Bryan from Faraland: Sure, we have a creative director who works in many top companies. There are many people with more than 10 years of experience in our team. You can feel free to contact me if you want a part of our team.

Token

Q — Ayeley from GAINS: What is the token use case and how does it capture the value of the ecosystem you’re building?

A — Bryan from Faraland: We really want to make high demand for FARA tokens, so we think about a lot of ways people can use FARA tokens in our ecosystem. The FARA token will mainly be used throughout our ecosystem that includes:

- Purchase equipment for their Hero under ERC1155 NFT.
- Upgrade their equipment to a higher tier.
- Stake token for EXP farming for their Hero.
- Give a unique name for the Hero.
- Reward for seasonal events and other gaming activities.
- Vote for various gaming parameters in DAO.

We are also figuring out many utilities to FARA tokens as well. And yes, if you have any idea, just reach us. We are really appreciate ☺️

Competitive Advantage

Q — Twitter user @Fortune41114: For now there are actually quite a few games on the blockchain — how are you going to make your game different? Do we need to know blockchain to enjoy Faraland?

A — Bryan from Faraland: We know that there are a lot of teams and competitors out there developing their NFT projects and even NFT games. Faraland has advantages against them:

— All crypto and non-crypto can participate in Faraland. With blockchain users, players can use FARA to trade in exchange, and trade NFT hero equipment in the marketplace. NFT Hero will have more base stats than non-NFT heroes and have some unique functions like floor price. With non-crypto players, they can enjoy the game with normal Hero (non NFT). With them, Faraland is just like other mobile games. They also can claim Fara in-game they earn from game activity to Fara (crypto) and trade in exchange for money.

— Not many blockchain games have their own version on mobile because of the Apple restriction. The main reason is Apple does not accept the money paid on apps. We have our own payment gateway and syncing between off-chain and on-chain to deploy our games in both iOS and Android apps, so users can experience the games On-chain on mobile phones.

— We’re focusing on the “Play to earn” mechanism. They can buy heroes, equipment from IAP, then attack the other players to earn the rewards (FARA). With FARA Token, they can stake to increase their hero’s experience, upgrade equipment, try their luck in gacha-like equipment vending machines to earn the good equipment from the machines and make a fortune with it. Normal users can choose to play the ads on the mobile platform to earn the FARA token as well.

— We have the amazing arts with the top artists

— We also create an amazing storyline for each race and the big story for the war battles among 7 races. So players can experience the Fara world with lots of activities.

Financial

Q — Ayeley from GAINS: Did you raise funds so far? If so, how did you handle them? And are you planning to do any future raises?

A — Bryan from Faraland: Yes, luckily we have support from many partners, advisors. So we reached out to them, and they were really excited about our project. We have raised $2.4m for the early rounds. Please refer to our token-metric page for more detail.

Security

Q — Telegram user Brianna Agatha: What is meant by “Faraland and the smart contract claimed to have achieved absolute security”, what absolute security did Faraland claim?

A — Bryan from Faraland: We are really aware of the security and scams in this crypto space, especially at this time when crypto space is blowing up and many scammers are out there. We also really take care of the security of the project. So we thought of the SC audit right away and we started our project. Our smart contract has passed an audit by Certik. Right after the smart contract passes the audit, we will start our phase 1 to sell the NFT at the end of May or early June.

Business Development

Q — Ayeley from GAINS: Let’s talk about your roadmap. What stage is the project at? And what should we look forward to in the coming months?

A — Bryan from Faraland: We have reached achievements in not only developing our products but also raising our community:

1. In terms of development: the first 4 phases according to our roadmap have been completed at the smart contract level and are currently waiting for the full audit report from Certik. For other parts, we are in the testing phase for the NFT summon gate and marketplace. It’s expected to launch in the next 2 weeks. The game has been developed since February and it’s still on the right track. You also can visit our website to see our roadmap. Here is our release schedule:

2. In terms of partnership: We reached out to many investors and influencers on crypto. Please visit our website and check this. We also have our social media channels where you can find more info about us, discuss more of our projects, and don’t miss out on what’s next in Faraland’s world.

QTelegram user ★~ Soul & Peace ~★: Faraland is an RPG game based on the roles of players that make up 7 clans and is available for app mobile, with the designs that are highlighted. Has your team planned to take this amazing game to expand more and make it an MMORPG platform?

A — Bryan from Faraland: Yes, we thought about that also. We have many phases to develop our game and MMORPG is one of our directions soon! Stay tuned 😉

Bryan, it was a pleasure having you in our group today. I can’t wait to try out the game when it goes live. Thanks for taking the time to answer all our questions. Anything else you’d like to say? Where can we follow you to stay updated? Ayeley Commodore-Mensah from GAINS Associates

Yeah, our game will be available soon, please stay tuned. I really want to answer all your questions, so thanks to the GAINS family and @ACommodore for giving me a chance to be here and share about Faraland! I can not expect more from you guys! Don’t miss out on our NFT sale token in the end of May and our IDO in mid of June! Join Faraland word, my friends: — Website | Twitter | Telegram | Medium. Wish you guys all the best! ❤️ — Bryan Garner from Faraland

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