GTA Ventures
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GTA Ventures

AMA Recap: GTA Ventures x 2Crazy

On June 4th, Mr. George— Community manager of 2Crazy with GTA Ventures hosted an AMA live session at GTA Trading Community.

2Crazy — The world’s first online gaming platform integrating the Binance Smart Chain, bridging extreme performance, trust, and the regulatory demands of today’s online gaming industry.

We really appreciate your time and dedication to our community. This post includes a recap of the live AMA session and features the questions asked by community members, as well as the answers.

Part 1: Warm-up questions

1, What is unique about the 2Crazy platform and what products does it currently power? Can you indicate a feature that you like best about the platform so that it can compete with other competitors? What are you most confident about for your platform?

Answer: First of all, our platform is unique in the sense that it primarily focuses on the eSports industry. Looking at competitors in the NFT space, we already stand out by having more to offer than solely ‘digital bragging rights’. We’ve proven ourselves by the fact that we’ve shown we know how to build products and actually get them live. If you’ve been in this space for at least a couple of years, you’ve seen how many projects do nothing more than just talk… They say what they’re going to build, but then when the money is raised it gets quiet real quick.

2, Revenue is an important aspect for all projects to survive and maintain the project / company. What is the way to generate profit / revenue from your token?
Answer:
Small Transaction fees on each trade or buy

3, Please let us know how evolving the roadmap is right now. What will happen this year and in the future? Could you please provide some recent product development?
Answer
: Later this month we’ll have our public sale, which is set for Q2 in our roadmap. That means we’re still on track. We’re working hard on our NFT platform, and we’ll try to show you a sneak preview soon!

4, Security & User Interface are the Most Important Aspects that Users see on a platform. How has 2Crazy worked on this? Is Platform suitable for Newbies in the crypto world?
Answer:
That’s a great question. Most platforms are only working for people that are already ‘well-versed’ in crypto. There are quite some hurdles to overcome for everyone who has never transacted using cryptocurrency, who doesn’t even know what MetaMask is for example. Aside from the fact that it takes time to learn and go through the process step-by-step, it can also be a bit scary for a huge amount of people outside of our bubble. We’ll have payment gateways almost from the get-go, so you can seamlessly buy $2Crazy tokens on our platform with your VISA card for example. From there on, it’s like you’re spending virtual money in a game. Making the platform truly inclusive is extremely important to us. Security is absolutely something we don’t take lightly either.

5, Can you talk about the IDO process that rewards all parties? How’s it going to be?
Answer:
The full IDO details will be made public when we can :)

6, I see many people saying that NFT is the next ‘Trend’. I also see some use cases of NFT in the crypto space. What do you think about the growth of NFT in the crypto space and the real world?
Answer:
We believe NFTs are a revolutionary concept. However, at this time, it’s still in its infancy. Most people don’t actually understand it, they’re being used in ‘weird’ ways, and in most cases it doesn’t get you more than ‘digital bragging rights’. Having proof of ownership over digital assets like you can have with ‘real-world assets’ can be exploited in much better ways, that make way more sense. We’re going to show you that the possibilities are endless…

7, Since the NFT market shows an incredible growth of 300% just the past year and a lot of big companies like Nike, Louis Vuitton etc. are “putting their eyes” into this market, how do you think $CRAZY can contribute to the NFT World?
Answer:
We believe we’re going to dominate this space in our area of expertise. We’re extremely confident in the ideas that we have, and it’s safe to say that our unique ideas will ‘inspire’ others and change the way NFTs are approached.

8, What are the use cases of the $2CRAZY token?

Answer: The only way you can buy 2crazy eSports NFT’s is with 2crazy tokens. You need it for the use case of scheduling game time on our platform , and stake it for the Governance rewards

9, What is the difference between 2Crazy and pay-to-win like some mobile games? Why do we need to put the games on the blockchain?
Answer:
There’s a distinction between 2Crazy’s (already live) online casino platform and the (future) NFT platform that we’re talking about here. Everything related to the native $2Crazy tokens and what you see on our socials etc. is all tied to the NFT platform. Our NFT platform won’t have actual games put on the blockchain.

10, Will users be able to purchase NFTs on the open market or will they only be available through interacting with the platform through staking, referrals, and participation? If they are available on the open market, does this mean that some of the games are at risk of becoming pay-to-win like some mobile games?
Answer:
As answered to you prior, there’s a distinction between 2Crazy’s online casino platform and the NFT platform. Those should be separated, so what happens around NFTs will have no effect on the casino.

11, In the long run, why should we trust and follow you and your project? How do you raise awareness and eliminate the doubts of investors / partners / customers since your project is built in a quite risky field?
Answer:
I’m not sure what you mean with a risky field. We don’t see the NFT industry (or eSports industry for that matter) as a risky field. But yes, trust is definitely an issue in this industry, and for good reason. 2Crazy strives to be as transparent as possible. We believe that’s where everything starts. We don’t have anything to hide, so there shouldn’t be a reason to not be transparent to your community. We’re open for all of your questions and we’ll explain every important matter extensively.

12, What features/improvements are you planning to add to your products to attract more users/investors in the near future?
Answer:
With 2Crazy, when you buy an NFT, the possibilities are truly endless. It definitely won’t end with playing together with your favorite superstars or trading those NFTs. Every individual NFT (partner) comes with a unique ‘package deal’, that goes far beyond what you’ve seen in the industry so far. Users of the 2Crazy platform can also look forward to unique extra perks like lotteries and giveaways. Everyone who is staking $2CRAZY tokens will be eligible for one or more tickets. We’re also making the platform truly inclusive for everyone around the world with our payment gateways — even if you’re not ‘crypto-savvy’ in the slightest, you can still participate. Is that attractive enough for you?

13, Tell us about your plans for 2021, what are you currently working on, and are you going to expand the list of big exchanges?
Answer:
Later this month we’ll have our 2Crazy IDO, which obviously is huge. Exchanges will come shortly after. Of course, our main focus at this moment is building an absolutely phenomenal platform for all of you.

14, Do you have any plans to attract non-crypto investors to your project? Because it is the success of a project to get more investors who are still not in the crypto world. What are the plans to increase awareness around you in non-crypto space?
Answer:
Most current platforms are only working for people that are already ‘well-versed’ in crypto. There are quite some hurdles to overcome for everyone outside of this ‘crypto world’. It takes time, effort, and potentially mistakes to really learn and go through the process step-by-step. It can also be a bit scary for a huge amount of people. We’ll have payment gateways almost from the get-go, so you can seamlessly buy $2Crazy tokens on our platform with your VISA card for example. From there on, it’s like you’re spending virtual money in a game. We definitely don’t forget about those people — it’s a massive group and we won’t ever limit ourselves.

15, Southeast Asia is a very vibrant market and many projects developed here so what do you think about Southeast Asia and do you have any plan to develop here?
Answer:
We have global plans and with a specific focus on Asia as well because people love to game and trade in Asia. The specific marketing plans will be shared later down the line when we are going live. The market is changing too rapidly to share those right now.

Part 3: Live Questions

1, Which partnerships are on the roadmap of 2crazy ? Having the support of projects consolidated in the field always helps with trust and therefore adoption

Answer:We are backed by leading funds and businesses in the blockchain space. We are working on major partnerships within the eSports niche. More on that later 🙂

2, Regulation is very important. Many projects were closed in many countries due to failure to use the correct regulations and permits. In order to go global how does 2crazy team deal with these issues?

Answer: We have a legal team that takes care of all these things. They are the reason we have licenses for everything and they keep us up to speed in this ever changing legal landscape

3, COVID 19 has slowed many economies around the world but as a crypto business has it affected you negatively or positively? Secondly, are you still on track to achieve your targets as the road map says?

Answer: We are on track with everything so far and we are focused to over-deliver. We adjusted our roadmap and set goals that can be achieved!

4, Do you have any plans to attract non-crypto investors to your project Because it is the success of a project to get more investors who are still not in the crypto world. What are the plans to increase awareness around your in non-crypto space?

Answer: For sure. We are going to atract a lot of gamers and esport players and gamers that are not activily involved in crypto. We are here for mass adoption

5, Did you raise funds so far? If so, how did you handle them? Are you planning to do any future raises?

Answer: The private sales is closed and we are over booked already! The IDO will be announced in the upcoming days!

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GTA Ventures is one of the incubators for cryptocurrency projects in Vietnam.

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GTA Ventures

GTA Ventures is one of the incubators for cryptocurrency projects in Vietnam.