Monsterra — Telegram AMA — January 12
On Wednesday, January 12, we had the pleasure to welcome to our Telegram chat:
Iris Le, CMO
We asked them questions about the development of Monsterra.
Some sentences have been slightly edited for readability but the meaning has been conserved.
Q — Ayeley from GAINS: Please introduce yourself, and tell us about your crypto journey.
A — Iris from Monsterra: I’m Iris — CMO of Monsterra. Luckily I have been working in this crypto industry long enough to understand and apply diverse strategies of growth hacking for our Projects. And I think Monsterra will go in the right way with our team and hope that from this AMA, we will have support from you guys in the near future
Q — Ayeley from GAINS: What is Monsterra all about? Give us a brief summary
A — Iris from Monsterra: Monsterra is a dual-chain game run on both BSC and Terra networks inspired by the Axie Infinity game’s pet world and the gameplay in Clash of Clan or Boom Beach of Supercell. The game set foot in a fictional world and revolves around farming, property building, and battling other lands with the magical creatures named Mongen.
The design of Monsterra combines the free-to-play and free-to-earn model, which allows millions of gaming enthusiasts fun and profit with no initial investment. To make it clear, we can say that Monsterra prioritizes developing the game to elevate user experience: attractive graphics, diverse missions, addictive gameplay from food production, animal breeding to building your own land, entering fierce battle modes from leading troops to conquering new lands, beating dreadful bosses, raiding other players’ lands and confronting forces head-on other real player’s troops.
Q — Ayeley from GAINS: Interesting. So why did you and your team decide to build Monsterra?
A — Iris from Monsterra: It’s such the most interesting ques I get 😉 you know, The gaming sector is expanding at a rapid pace. With that hasty growth, encountering tough obstacles and backlog problems is inevitable.
After conducting research on popular games, Monsterra team found out that there are several problems faced by both gamers and games publishers including:
— High Entry Fee — Poorly Designed Gameplay — Imbalanced Tokenomic Model
— High gas fee rate That’s the motivation for us to build Monsterra which is the first premium game in our Monsterra Universe with various innovative solutions to the existing problems above. — Free-To-Play-To-Earn Game Mechanics:
Monsterra lets gamers experience a full-fledged core game for free before actually spending on it. In other words, players can enjoy the farming and nurturing ecosystem in Monsterra for free first. Once they find the game addictive and worth investing in, they can spend their money on it afterward.
— Play-For-Fun Game Model: Monsterra elevates the game-fun aspect with exciting and inspiring gameplay. We offer an interesting farming ecosystem and 4 fierce battle modes for users to enter with different rewarding structures and battle formats.
— Balanced In-Game Economy: Monsterra is well designed with an innovative dual token model to slow down inflation and sustain the in-game balance. We try to keep a balanced amount between the minted and burned in-game token so that the game ecosystem can stay healthy for years to come.
— Gas Fee Solution: Users pay no gas fee when getting started with Monsterra game. They will only be charged for transaction fee when converting their assets into FT items. 👏
Q — Telegram user BARIS BEKTAS: Can you tell us about the Mongens collections available in Monsterra? Can you tell us if there are multi-platform ecosystems in Monsterra?
A — Tina from Monsterra: In Monsterra, we have 5 mighty Mongens races named Tectos, Mystic, Beast, Celest, and Chaos. Each of them will have unique strengths and can benefit players’ squads in different ways. For more details, pls take a closer look at our whitepaper.
As we mentioned above, Monsterra is designed to become a multichain game, to be honest. In the first phase, we decide to develop Monsterra on the BSC chain due to its strong community and popularity, then will be Terra chain.
We will also take Solana under consideration as it is also a worth-notice blockchain with outstanding speed and transaction fees.
Q — Telegram user 🙋🏻♂️ Kevin 📊: I was reading that Monsterra will have a Free to Play component that will allow new users without any investment to start generating some revenue. Can you tell us a bit more about this? What is the plan to include this free component? How much exactly can they earn?
A — Tina from Monsterra: Regarding the Free-To-Play-To-Earn Game Mechanics: Monsterra lets gamers experience a full-fledged core game for free before actually spending on it. In other words, players can enjoy the farming and nurturing ecosystem in Monsterra for free first. Once they find the game addictive and worth investing in, they can spend their money on it afterward.
Other than that, each player will have a chance to get 1 Landcore & 2 Soulcore for free when first getting started with Monsterra game. Thus, there will be no required financial investment at first my dear.
Q — Ayeley from GAINS: Cool. Let’s dive into your token $MSTR. Can you share with us your tokenomics? And what are some of $MSTR use cases?
A — Iris from Monsterra: After careful research and consideration, we’ve decided to embrace an innovative dual token model in our game. That means Monsterra will be governed and supported by 2 different tokens called MSTR & MAG on the BSC network. Yet, today we will dive deeper into MSTR
— the primary token with a total supply of 100M tokens in Monsterra. The token will be used across all the products and services of the ecosystem. How can users spend MSTR tokens?
— MSTR for staking: Stake MSTR to receive rewards from the game.
— MSTR for asset purchasing: To buy premium assets on the marketplace, users need to spend their MSTR.
— MSTR for upgrade: To reform in-game items in some high-level milestones, users need to do an upgrade which will cost MSTS. — MSTR for event participation:
To join any in-game events, users need to use their MSTR to buy entry tickets. How can users earn MSTR tokens? MSTR can be obtained in the form of staking rewards, in-game event prizes, or from the shared revenue from Monsterra Treasury. For your information, token holders of $MSTR will also receive massive benefits from Monsterra game as they can have: — Rewards from staking pools.
— Extra bonus from the exogenous network revenue. — Rewarding incentive from playing Monsterra game: joining events, tournaments, arena.
— Voting right to govern Monsterra game We think it’d be really great to grab some MSTR tokens for your own benefits in the future. Thus, let’s listen to our AMA today carefully as we will have an interesting Quiz part later.
Q — Twitter user @Efri38095207: Currently on the market, the audit of projects is also an important criterion, as well as protecting the interests of users from cheats & hacks, has the Monsterra project been audited by specialized units yet?
A — Iris from Monsterra: We can not agree with you more that security is one of the most vital aspects of all projects. That is the reason why Monsterra decided to apply and put our MSTR token under the extensive Smart Contract audit of Certik.
I am excitedly thrilled to announce that our MSTR token has successfully passed that strict audit process by Certik. By being certified by this leading security-focused ranking platform, Monsterra can say with confidence that our tokens will be free of vulnerabilities and have minimized the risk of being hacked.
However, in the future, Monsterra will still proceed the cooperation with various blockchain experts and audit firms to maintain the highest level of security and ensure the safety of users.
Q — Ayeley from GAINS: The rapid expansion also comes with a proliferation of games on the market. What makes the Monsterra game different from other P2E games?
A — Iris from Monsterra: Yup, the game trend hits this market obviously. With Monsterra, our team strives to deliver a revolutionary P2E game that transforms existing Play-to-earn games into the fun zone. Monsterra sets itself apart from other P2E games with several USPs:
— Unprecedented Breeding Mechanism: Players can create new animals with different figures by breeding 2 random entities of in-game creatures. Monsterra character set, therefore, will be unique Mongens collectibles with infinite diversity.
— Unique Land Shaping and Customization Mechanics: Gamers can customize their own lands to create different shapes. This elevates the individuality and uniqueness in each player’s land. — Varied Land Theme: In Monsterra, it is easy to modify land themes according to different seasons (Merry Christmas, Halloween, etc). The brand identities of Monsteras’ partners (investors, marketing partners, etc) can also be embedded in the land plots
- Innovative Token & NFT Staking: Players will gain enticing rewards and shared revenue from the staking activities in Monsterra. On top of that, the tokens and NFTs assets that are already added in the staking pools can still be utilized in the in-game activities. Players can also enjoy a lower or no gas fee if they utilize those tokens or NFTs in in-game activities. Other than that, our game has 4 more other points that are being designed better than other existing competitors:
— Free-To-Play and Free-To-Earn Game Mechanics
— Balanced In-Game Economy
— Play-For-Fun Game Model
— Multi-Platform Ecosystem
👉🏻 More details in our Whitepaper
Q — Ayeley from GAINS: Can you share some other highlights on your roadmap that we should look forward to?
A — Iris from Monsterra: We already finished the core base in Q4/2021 and start in Q1/2022. More details are in our whitepaper.
Q — Telegram user Tahsin Ahmet 💥: What are Monsterra’s near-future plans? What can we expect in 2022? What are you focusing on now?
A — Tina from Monsterra: 🖼 For now, we have finished the first phase of our product roadmap that offers: — Concept Design — Whitepaper — Pitch Deck We have also finished activities on Community Growth and the Token Private Sale. It is now time for us to plan and host our IDO and INO. The timeline will be updated really soon to the community.
Pls keep following us for the latest news. Yet, I think the community would love to have a comprehensive view of our well-defined roadmap. Here are the other development stages for your information.
Q — Twitter user @BaitulShuvo: In Roadmap Q4 2022 I see a multichain section, so which chain is the next chain that the project wants to promote?
A — Iris from Monsterra: Monsterra is designed to become a multichain game, to be honest. In the first phase, we decide to develop Monsterra on the BSC chain due to its strong community and popularity, then will be Terra chain. We hope that Monserra will be one of the pioneering games in this land. Solana is also a worth-notice blockchain with outstanding speed and transaction fees, thus we will definitely take it under great consideration when scaling the network.
At the same time, I would like to share with you guys that Monsterra will develop our game on the PC web, mobile app, and desktop app. Users will also receive additional supporting applications, including marketplace and payment engine, to easily access the game and enter the battles.
Iris and Tina, 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 Associates 🐋
Yes, thank you so much for the time today @ACommodore. I am happy to be with GAINS community and hope that we can receive massive support from you guys. Do not forget to join and follow our Monsterra media channels for more updates to come.🤗🤗🤗 — Tina from Monsterra
Thanks Team and wish GAINS all the best ❤️
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