MEXC Global
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MEXC Global

AMA Session with Albert Chen, from Genopets

Guest : Albert Chen, Cofounder of Genopets

Host: Iris

Introduction:

Iris: Albert, would you like to say hello and introduce yourself?

Albert: I’m Albert and I’m the Co-Founder & CEO of Genopets. I’ve been in crypto since 2017 and have been an active builder on various L1s. Prior to crypto I was an e-commerce businessman for 6 years.

Questions about the project:

Q1

Iris: Genopets (GENE) is the 2nd Launchpad project on MEXC — the community is quite interested in you. so, would you please tell us what is Genopets? Can you share with us more in detail?

Albert: Genopets is a Free-to-Play, Move-to-Earn NFT mobile game on Solana that makes it fun and rewarding to live an active lifestyle.

A Genopet is your spirit animal in NFT form that evolves as you take steps and other trackable actions of self-care.

We’ve combined the Move-to-Play mechanics of Fitbit and Strava with the Play-to-Earn incentives of blockchain NFT gaming.

We call this- Move to Earn.

Q2

Iris: What triggers you to launch Genopets? What are some of the real-world problems/ pain points that Genopets aims to solve?

Albert: The Play-to-Earn industry as a whole strives to solve a pain point that is similar to the early promise of crypto — closing the wealth gap and banking the unbanked.

Prior to Genopets we were working on a decentralized health data marketplace to provide passive income to people.

Unfortunately, the infrastructure for health data monetization does not really exist yet.

But using Play-to-Earn mechanics to incentivize a more active lifestyle while generating passive income became really compelling to us.

Q3

Iris: What is the role of $GENE in Genopets? Would you tell us more about its tokenomics?

Albert: $GENE is our governance and staking token. It allows our community to vote on in-game decisions, gain access to special features, as well as stake to earn rewards in the future.

$GENE is also used in-game to purchase NFTs and craft items.

Q4

Iris: We know that $GENE is now launching on both MEXC and Bybit’s Launchpad. Are there any more exciting news or updates with regards to Genopets that you would like to share with the users?

Albert: We will be launching our 3333 unique Genesis Genopets by the end of this month. We are partnering with Concept Art House, a famous art studio for Fortnite, Hearthstone, etc. to create the pet arts. $GENE tokens will be needed to access this launch.

Q5

Iris: If you were to summarize your project in ONE word, what would it be? Why?

Albert: That’s a great question. I’d say Universal — because we aim to have universal appeal to all people not just crypto-natives. Also we believe everyone can benefit from being more active and earning passive income while doing so.

Free-asking Session

Q1. Truly, you’ve done AMA in many telegram groups, so what next, what other way will you make your project more popular?

Albert:

Thanks for this meta question. I’ve picked this one because I saw so many repeated questions from the other AMAs haha. Simple — to make our project more popular, we simply must launch the game. Most triple A titles are still years away. I believe having a social-first game that launches quickly is the key to mass adoption.

Q2. Language is a barrier to many crypto enthusiasts, well, we all know many projects supports the English-speaking community. So, are you aiming to use local communities to raise more awareness among these people in different countries?

Albert:

If you head into our discord server you can see that we have members in our community helping out with localization. So far our French and Korean communities have been self-monitored and translated and we expect that to keep going!

https://discord.gg/genopets

Q3. Many projects have problems with UI / UX and this one turns off new users. How do you plan to improve the interaction with new users and with users outside the crypto space?

Albert:

Our game will be mobile-first and will abstract away wallets and other crypto-native features as regular game features. For example, our tokens will mimic regular in-game currencies.

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MEXC Global

MEXC Global

Founded in 2018, MEXC Global is a centralized exchange that employs a high-performance mega-transaction matching technology. Visit us at https://www.mexc.com/