MEXC Global
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MEXC Global

MEXC AMA with Mr. Lan Pham from Space SIP

Guest : Mr. Lan Pham, CPO at Space SIP

Host: Iris

Introduction:

Iris: Today, we’re honored to have Lan Pham, CPO at Space SIP, here to give us a more intuitive introduction to their unique project.

Lan Pham, would you like to say hello and introduce yourself?

Mr. Lan Pham: My name is Lan Pham. I am the CPO and co-founder of Space SIP.

I am also CEO of Apps Cyclone, the technology company that backs Space SIP. I have 15 years of experience in software development. For over 10yrs, Apps Cyclone have created great products for our internal customers. And this year, we decided to build Space SIP for NFT lover communities. I’d love that you are passionate about NFT & Blockchain, and we do too. I am happy to be here today and introduce you to Space SIP

I am happy to be here today and introduce you Space SIP.

Please follow our channels for latest updates about SIP:

Official website: https://sip.space/

Twitter page: https://twitter.com/0xSpaceSip

Telegram: https://t.me/SpaceSip

Discord: https://discord.io/spacesip

Youtube: https://bit.ly/3pHXzUI

Medium: https://medium.com/space-sip

Questions about the project:

Q1

Iris: What is Space SIP? Can you share with us more in detail?

Mr. Lan Pham: Space SIP (SIP) is a Play to Earn NFT game developed on the Binance Smart Chain.

Space SIP (SIP) utilizes a Play-to-Earn model by distributing $SIP through mining and game activities, giving value to players’ NFTs by increasing their use through in-game features. NFT’s are freely traded on the marketplaces for $SIP tokens. And $SIP tokens can then be traded on exchanges or converted to fiat currencies.

Currently, the following options are available for the players to earn

- Send spaceship NFTs to planets for mining $SIP

- Participate in combats through the use of NFT’s for $SIP

- Participate in in-game events that reward $SIP for winners

- Mint spaceships NFTs and sell them for $SIP on the marketplaces

- Exchange $SIP on DEX or CEX (soon) for other currencies

Q2

Iris: There are so many P2E NFTs projects now. What are Space SIP’s unique selling points as compared to other similar projects in the industry?

Mr. Lan Pham: Thanks Iris. People challenge us this question many times.

Our unique selling points are:

First, the graphic.

Our high-quality graphics are carefully invested with a team of 11 years of experience in the game design and graphics industry. With a futuristic design, our project will bring players into a vast and colorful universe.

Second, our gameplay.

The gameplay is unique but also extremely simple, making the game easily accessible to the masses. In addition, the game creates spaces for players to develop diverse and creative strategies to satisfy all demanding players.

Third, technology plays a very important role.

Space SIP’s Smart Contract is completely developed by the in-house team. The design architecture goes closely with the blockchain-integrated game design from the beginning. This helps ensure performance and scalability. And Space SIP NFT integrates Chainlink VRF, ensuring NFTs are generated with completely random and proven-rare.

Four, the security of our project.

Space SIP’s Smart Contracts and system have been audited by our Strategic Partner — Verichain Labs. They are the famous backers of many prominent projects like Kyber Network, TomoChain, Axie Infinity, etc.

And last but not least, is our tokenomics. Our tokenomics are devoted to the community. Space SIP’s team commits a fully 12-month lock in the Smart Contract, demonstrating absolute commitment and trust in the development of the game.

The team pursues the single-token philosophy, we want to implement decentralization from every aspect of the ecosystem. Technology is decentralized and so is the economy. Each user in the ecosystem, who contributes their resources to the development of the ecosystem (time, effort, money) makes it live and grow, will receive SIP tokens. When SIP tokens have value, all benefit from the token rising in price.

Q3

Iris: Now that you mentioned your tokenomics, would you tell us more abou it? What is the role of $SIP in Space SIP?

Mr. Lan Pham: SIP is a Bep-721 token on the Binance Smart Chain network and will be used primarily in the game Space SIP to consume, buy spaceships, upgrade spaceships and receive rewards in $SIP. The details are as follows:

PURCHASE

$SIP is the digital token in the Space SIP ecosystem. Players use $SIP to pay for spaceships, mystery boxes, and in-game items to play the game.

PLAY-TO-EARN REWARDS:

$SIP will be distributed every year from the pool of rewards. Players receive rewards through interactive game activities, including mining, PVE battles, PVP battles, trading / lending spaceships, monthly events, etc. $SIP rewards can be used to buy items or traded on DEX or CEX.

GOVERNANCE: Owning $SIP allows users to participate in the governance process through the DAO, with development proposals and voting structure. Issues related to the operation and development of the ecosystem can be voted on based on the preferences of the token holders.

EVENTS: Future intergalactic war operations with $SIP subscription. The reward will be distributed based on the total number of registrations and the bonus from the reward pool. Each player, who registers with the $SIP token can get a thousand times rewards back.

Q4

Iris: Are there any exciting news or updates with regards to Space SIP that you would like to share with the users?

Mr. Lan Pham: Of course! We have a lot of interesting news that we would like to share with you guys.

On December 8th, Mr. Guy Oren — CEO Poolz and Mr. Liam Cohen — CMO Poolz joined us as strategic advisors. This is good news for both the Space SIP team as well as our players. We believe that this alliance will result in the rapid future growth for Space SIP as well as numerous community advantages.

Our PvE mode is working extremely well with promising statistics

27,696 active users,

32,511 NFTs have been minted

514,987 matches played.

This is a very positive signal because the community really enjoys playing PvE. To appreciate this, we are developing more interesting features and will release them very soon.

And since the time we launched Space SIP, our social media channels have grown extremely fast:

Telegram — 135,313 Members

Twitter — 130,100 Followers

Discord — 51,612 Members

Now, let’s talk about what was being developed during the past few days.

As updated on our Announcement Channel, we are developing a “Space SIP NFT Gaming Framework” that improves Space SIP

1. Performance

2. Security

We always aim to bring all the best technologies to the product rolled out to the community. And when we finish this framework, we will share it to the world and other projects can use it too.

Q5

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

Mr. Lan Pham: Great question.

We think it is DEDICATION

We come to this blockchain & NFT space to build. So at Space SIP, our work ethic goes along with the word DEDICATION.

We constantly strive to provide our users with the greatest experience and healthy ecosystem. From the very beginning, every aspect of the project has been meticulously examined. The team works tirelessly 24/7 to ensure that every feature is not only launched on time as specified on our roadmap, but also executed flawlessly.

Free-asking Session

Q1. Can you tell us what is the most outstanding technology that SpaceSip is currently applying? Is SpaceSip afraid that in the future there will be competitors who will surpass SpaceSip’s technology?

Mr. Lan Pham:

At Space SIP, the thing that we are proud of the most is our own in-house teams that take care of everything from designing to game development, marketing and smart contract & backend system.

This also brought us the advantages when we decided to launch the first official version of the game. Because we control the design of the system, we can fix the problem and apply suitable changes. We could roll out patches quickly and improve the gaming experience for our users.

Besides, we are among the very few games that integrate with Chainlink VRF to ensure the randomness and transparency of NFT rarity and NFT attributes.

We are also among the very few games that have full audits. Our game is in Alpha Test but we already had 2 public audit reports for our

- Token Metric

- Public Sale NFT

- NFT

- Staking Protocol

Last thing, we position ourselves as a Builder to build the product for our communities and to solve the practical problems during the journey. Every solution we create, it is going to solve a real case and we fully control our technology. Plus, blockchain is decentralized and the technology is owned by the communities. Therefore, we have no worry or concern about ‘competitors’.

Q2. Do users need investment money at first to play Space SIP game?

Mr. Lan Pham:

Yes of course !

Simple, you only need 1 spaceship NFT to start playing the game. With that spaceship, you can mine $SIP tokens through the Mining and Raffle Mining features. You can join PvP fights to compete with other players or PvE battles with randomly generated enemies to earn $SIP tokens.

Q3. What are the benefits of holding Spacesip’s tokens?

I’d like to know why I have to hold the token early.

Mr. Lan Pham:

Holding SIP token brings our players the following benefits:

1. Have pricing benefit when the ecosystem grow and $SIP token price grow

2. Play the game and earn more tokens with different activities that the game provides: staking, mining, PvE, PvP, events, etc.

3. Enjoy the benefits from our partners’ ecosystem. We are working closely with our partners to bring more utilities to SIP token and SIP NFTs: holders can do farming, staking in our partners ecosystem and earn other NFTs + other tokens, and many more.

4. Have voting power in SIP governance which is planned to be implemented in 2022

Q4. How does P2E work on Space SIP?

- Is it possible for player to create their own custom assets in-game?

- Is there any plan on integrating new technology like virtual reality in MNA so players can experience closed up interaction inside the game?

Mr. Lan Pham:

How does P2E work on Space SIP?

- Players recruit NFTs and join PvE missions with 1 or 2 or 3 NFTs. If they use a squad of 3 NFTs, they can receive bonus from formation. For example, players join with 3 NFTs of Fire, they can receive +9% ATK and +0.5% HP. Players need to understand the elemental system to maximize usage of NFTs

Is it possible for player to create their own custom assets in-game?

No, it is not.

Is there any plan on integrating new technology like virtual reality in MNA so players can experience closed up interaction inside the game?

Yes. We plan to have IoT devices in our long roadmap.

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