SparkPoint and Nakamoto Games AMA: The Recap
All about Nakamoto’s Gaming Ecosystem and NAKA Token.
We’re seeing the rise of crypto games around the globe, #Sparkies! The blockchain-based games seem endless as they showcase a high potential of becoming a source of income and even those that are not professional e-sports players can have lucrative and instant rewards through playing hence making the Play-to-Earn (P2E) games the talk of the town! With this vast adoption, #SparkPoint is joining the hype by establishing strategic partnerships with some select projects that focus on the play-to-earn gaming ecosystem. One of them is the Nakamoto Games project, and like the usual, we love introducing our partners to our community by hosting an #AMA session, so, last October 13, we invited the CEO of Nakamoto Games to join the chat! 😉
Nakamoto Games is one of the many booming projects that focus on the Gaming Ecosystem and their intention to give ANYONE with an internet connection the opportunity to earn cryptocurrency and generate a sustainable source of income, cost-effective and instant rewards and earning opportunities for developers is intriguing!
Moving forward, we’d like to spark your curiosities through this #AMA Recap. Let’s get to know more about the Nakamoto Project! 🧐
Karan: Hi Sparkies, it’s time for another AMA session. This time we have Tor, from Nakamoto Games.
Nakamoto Games offers gamers worldwide the opportunity to participate in countless blockchain-based games and generate a sustainable and sizable income.
The NAKA Token is integral to the Nakamoto Games play-to-earn ecosystem. It gives players access to any of the games within the ecosystem while also providing a system to reward the most skillful players.
Before we could start with AMA, can you give us a small intro about yourself Tor, and what made you start Nakamoto games?
Tor: Thanks for having me today. I’m Tor, CEO of Nakamoto Games. Very excited to be sharing about us with SparkPoint. My background is in development. I’ve operated a white label Ethereum development agency that worked with some of the most successful decentralized gaming applications.
The Nakamoto Games idea emerged from an understanding of what the play-to-earn market needs, especially in the Asian market where the majority of players reside. The market is growing rapidly and will continue to grow. We have done extensive research that most play-to-earn projects out there offer a single game. We are offering a broad ecosystem with countless play-to-earn options. You can think of us as a play store where everyone can go for their play-to-earn gaming options.
Karan Sharma: Finally I met a CEO from a development background after a long time 😃
Tor: We also ensure that the games are fine-tuned in terms of their performance & user interface. We have a highly experienced development team that can optimize all of the available games to offer optimized speed, connection, and overall gaming experience.
Exactly, anyone can have an idea but to make a project successful, you’d need different skillsets like development, business, marketing, in-depth understanding of crypto and crypto gaming space.
Karan Sharma: Correct!
Tor: Our core team has experiences across the fields of gaming, blockchain development, project management, research, and marketing.
We are blessed to work with a strong partner like SparkPoint and other backers and top-tier influencers as well.
Karan Sharma: Glad to be a part of this beginning.
Tor: Likewise! We also onboarded advisors that share the same vision and value. They work with us on a long-term game plan. Key marketing advisors are Lester Lim, Evan Luthra, and Ash WSB. You might be familiar with these high-profile names in the crypto space. They recently helped with the incubation and marketing of Star Atlas and many other very successful gaming projects.
Karan Sharma: Wow! I can see some big names out there.
Tor: Each partner brings in unique strength like technical capability, marketing effort. After all, it’s a team effort.
Please see the full list from here. https://nakamoto.games/
Karan Sharma: It surely is. Everyone got different skills that make a project better. Can you please share something about the value proposition?
Tor: Sure, Nakamoto Games offers more than play-to-earn games. The ecosystem is for both gamers and game developers. We will continue to iterate the platform, keeping it relevant and interesting to all play-to-earn gamers. This will help keep Nakamoto Games on the frontier of innovation and continue to widen the potential user base. NAKA tokens will be the fuel that ties the ecosystem together. They will be used within every game and will be collected into the prize pool which is distributed among the most skillful players. Not just one winner, other players have a chance to get NAKA tokens as well.
Karan Sharma: Win-win for both 😱
Tor: We will keep adding on more games from in-house games to games from developers and add features that help with user experience like the share results function which will get exposure outside of our channel too.
Karan Sharma: I played duck hunt a lot in my childhood
Tor: You’ll definitely enjoy the game, talking about nostalgia right? Duck Hunter is a shooting-based game that will allow players to earn from their skills in the game. It’s fun, easy to play, and addictive. We will follow this up with several other releases, maybe adventure games. So, the gamers can find any game they enjoy. Developers will also have an SDK to deploy their own games.
The platform will also integrate several features that will boost engagement among players. Functions like chat boxes, inbox messaging, notifications, bonuses, and promotions are all designed to increase engagement and provide Nakamoto Games with maximal exposure.
Karan Sharma: Wow I’m really excited as being a gamer haha. You got one user already 🙌
Tor: Thank you! Our developers are hardcore gamers too so they understand strengths, weaknesses, what to improve on our platform. We also have volunteers that are non-gamers to ensure what we build is strategically sound.
Karan Sharma: Sounds cool
Tor: We really enjoy building the project besides working hard on it to make it work! It’s understanding the market and the product to optimize the platform.
We had testnet with backers and testers and the feedback hyped us even more. Easy to connect and play.
Karan Sharma: Perfect. Can’t wait for more to play 😜 Please share some highlights for the roadmap and upcoming plans.
Tor: Sure, so on the platform side, we will have mainnet ready in Q4. Will keep adding more games and features, activities, and contests to keep existing users interested and attract new players. On the market side, we are available on BurningDrop with KuCoin. The further listing will be announced very soon.
We are here for long-term so will continue to communicate with the community and promote our platform with influencers.
Karan Sharma: Thanks for reminding me. I almost forgot about the event lol. I Will stake my USDT to get some NAKA there.
Tor: Get there FAST! haha
Stay updated by following our channels.
Subscribe to our newsletter to be kept updated: https://nakamotogames.substack.com
Have a read of our medium blog to stay up to date: https://medium.com/@nakamotogames
Join our telegram news channel: https://t.me/NakamotoGamesNews
And last but not least, follow us on Twitter: https://twitter.com/NakamotoGames
Karan Sharma: I guess nothing to rush. We still got 80 mins to lock 😅
Tor: And here are BurningDrop details https://www.kucoin.com/news/nakamoto-games-is-available-on-burningdrop?utm_source=twitterinfo
Karan Sharma: I will make the funds available there though.
Tor: Let me add also that our core focus is in the SEA market that we see the play-to-earn model booming so we communicate with local communities. We have Chinese, Thai, Italian channels. Will keep expanding and engaging with our members.
Karan Sharma: Cool! Let’s go for Twitter questions. Are you ready?
Tor: Ready! Let’s go!
Twitter Questions
Q1: How will they sustain the idea?
Tor: Great question! The NAKA token is designed in a manner that ties the success of the Nakamoto Games platform to the price performance of the token. NAKA tokens will be required to access the games in the platform, creating a sustainable source of demand for NAKA tokens. We have a development team which is dedicated to expanding our offering of cutting-edge play-to-earn gaming options. In addition to this, we will provide blockchain developers with the tools to deploy their own gaming creations within the ecosystem and we will also incentivize them to do this through bounty programs. As the gaming options in the Nakamoto Games ecosystem continue to grow, we anticipate that demand will naturally rise. Moreover, our market research has shown that play-to-earn interest and participation has been increasing exponentially regardless of our platform. On the supply side, part of the tokens used in every game will be burned, reducing the supply and increasing the scarcity of NAKA tokens. This favors those who invest and hold NAKA tokens long-term as the supply will continue to decrease but demand is anticipated to rise as the platform evolves.
Karan Sharma: Wow so that makes NAKA deflationary as well 👀
Tor: Right, we consider ecosystem as a whole and stakeholders for each step. Even for playing a game, we wanted players to enjoy NAKA tokens, not just one winner. But of course, no.1 winner gets the most.
This applies for our future games too.
Karan Sharma: Interesting!
Q2: What is your advantage over other play-to-earn games?
Tor: Well, besides the part that we are multiple play-to-earn games platform, we also offer permission less access, lucrative and instant rewards and earning opportunities for developers.
We welcome both gamers and developers to our platform. Developers get incentives and they do not need to worry about go-to-market strategy.
As for gamer side, there will be multiple gaming rooms running simultaneously with rewards being distributed instantly after each game. Players will win a share of the total rewards pool.
Karan Sharma: In the meantime, just a reminder for the community. We will unmute the group for live submissions. Please keep your questions ready.
Note: There will be 2 rounds. So please be prepared.
Tor: Awesome! Let’s do it!
Live Questions
Q1: Are you planning to promote your project in countries/regions where English is not good? Do you have a local community for them to better understand your project?
T: We are focusing on polishing the platform, ensuring security is flawless for mainnet that we’ll release this quarter. And the communication on upcoming listing!
Q2: Do you have any Bug Bounty to check for weakness? In what way do you plan to make your project more complete??
T: Yes, we will have a bug bounty program.
Q3: Truly, you’ve done AMA in many telegram groups, so what next, what other way will you make your project more popular?
T: We collaborate with influencers and we are on TikTok! It fits with our user group perfectly. https://vt.tiktok.com/ZSeLxb1cD/ so we are promoting across all channels.
Q4: Where can I buy your tokens now. What are your current contracts, and how can I buy them and what are the benefits?
T: Listing will be announced this week
Q5: Can you talk about your partners and investors and what role they had played in the exponential growth of the project?
T: We have secured partnerships with game development companies which are yet to be revealed! Currently, we have already partnered with some of the biggest venture capital companies in the cryptocurrency space. These VCs have committed funding and long-term incubation support to accelerate the growth of Nakamoto Games. See the full list from https://medium.com/@NakamotoGamesTeam or https://nakamoto.games/
Q6: Staking, Farming, and NFTs have proven to be very good ways of attracting users and improving adoption. What are your thoughts and plans on these features?
T: We will have Staking on Roseon Finance! Please follow our channels for updates.
Check out our website for more informations: https://nakamoto.games
Subscribe to our newsletter to be kept updated: https://nakamotogames.substack.com
Have a read of our medium blog to stay up to date: https://medium.com/@nakamotogames
Join our telegram news channel: https://t.me/NakamotoGamesNews
And last but not least, follow us on Twitter: https://twitter.com/NakamotoGamesQ
Q7: So many projects just like to speak about the “long term vision and mission” but what are your short terms objectives? What are you focusing on right now?
T: We are focusing on polishing the platform, ensuring security is flawless for mainnet that we’ll release this quarter. And the communication on upcoming listing!
Q8: Security is always the top task of projects. But lately, a lot of cryptocurrencies and blockchain have been appropriated by hackers. What security measures does your project have in place to avoid the possibility of being appropriated by hackers?
T: We place a strong emphasis on security and we will conduct several reviews and audits as we approach both testnet and mainnet launches. We are also working closely with venture capital companies who can help us connect with some of the most respected audit companies. These companies can thoroughly review our codebase to ensure it is bug-free and entirely secure.
Q9: Currently most investors only care about profits at the moment but ignore the long-term benefits. So, can you give them some advice on why they should buy and hold this token/coin in the long term?
T: Our eco-system is built around the NAKA token. You can play games, access the eco-system only with NAKA. A part of each NAKA price pool is being burned. That means with more games you have more demand for NAKA and a decreasing amount of circulating NAKA because of the frequent burns.
The NAKA token is designed in a manner that ties the success of the Nakamoto Games platform to the price performance of the token. NAKA tokens will be required to access the games in the platform, creating a sustainable source of demand for NAKA tokens.
Q10: How important is the community to you? and how can we collaborate or help you with the development of the project?
Nakamoto Games will be built alongside the community. First of all, we want to thank our community for the overwhelming support so far. It is very important for us to have a quality, engaging and strong community. As the play-to-earn community grows, Nakamoto Games will also grow.
Nakamoto Games members will stay updated with the latest news and we will refine and adjust our platform appropriately. Part of our key growth factor is the community as it will attract game developers to host their games with us. It’s risk-free and zero marketing effort required for them. We already operate several local play-to-earn community groups in popular play-to-earn markets like Southeast Asia. Please spread the love!
Q11: Southeast Asia is a very vibrant market and many projects developed here so with your project what do you think about Southeast Asia and do you have any plan to develop here?
T: SEA is currently the most viral spot for play-to-earn gaming with huge growth in countries like the Philippines. We see mass adoption for crypto gaming in the future.
Q12: 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?
T: We love solving UX problems, and our designers are best at it, doing it in such pleasant way for eyes that it makes fun experience to use the platform and play games.
Q13 Do the token holders have the right to participate in the governance of the project? What kind of decisions can they vote on about the project?
T: Through holding the native NAKA token, community members maintain control over the evolution of the Nakamoto Games ecosystem. NAKA token holders vote on governance proposals to change and update the platform.
Tor: Think we are done.
Karan Sharma: Great! Alright #Sparkies, this was it for today. Thanks, Tor for joining us today for AMA. It was great fun having you here with us.
It’s a wrap! 🙌 Nakamoto Games project is one for the books and, they are readying their rockets to the moon too! 😍
Can’t wait for our other strategic partnerships? Hang in there, #Sparkies because, we’re about to unload more! In the meantime, your support really matters! We’re hoping to see you always active and engaging in our events. 🚀🚀
Well, as always, thank you for joining us here again! ✨
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