Greetings Community!
On May 24, 2022, we successfully organized an AMA event with Monsterra, on Red Kite’s Telegram Channel. We’d like to give a massive thanks to all of our audiences who joined us and our special guest Mr. Victor — Project owner of Monsterra, who shared very in-depth knowledge of the project.
In this recap, you will learn more about Monsterra, 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 AMA included 3 segments:
- Segment 1: Guests and Project Introduction
- Segment 2: Twitter Questions
- Segment 3: Live Community Quiz
WINNERS WILL SHARE A PRIZE POOL OF $300!!!
Segment 1: Guests and Project Introduction
Host: Hey Everyone! Please welcome our speakers for today, Mr. Victor Thang— Project owner of Monsterra! How are you today? Hope you are excited about our AMA session !!
Mr. Victor Thang: Warm greetings to everyone here. I am very excited to be here in this AMA.
Host: Great! we’re also looking forward to hearing about your project!
Mr. Victor Thang: Happy to have the opportunity to talk to amazing people about the things I like the most! Let’s start!
Host: Can you introduce more about yourself and the team behind the project?
Mr. Victor Thang: Good day RedKite community! I’m Victor Thang — PO of the Monsterra project. It is truly a pleasure to be here with you guys today. With extensive knowledge and more than 15 years of hands-on experience in the game development field, I would love to make a significant contribution to Monsterra game’s success and turn it into one of the most promising & innovative P2E games in GameFi 2022.
Our team consists of 70 dedicated members. Team members all have in-depth experience in both the gaming and blockchain sectors. Everyone works full-time on this project including game developers, artwork designers, blockchain engineers, marketing, partnerships, etc.
Before building Monsterra, we spent a lot of time doing thorough market research, and customer insights to find out their pain points and desires. Our in-game economic and tokenomic models have also been carefully calculated to ensure sustainability in the long run.
Host: The second question is: Can you give us a brief introduction of Monsterra and a little sneak peek at the upcoming IGO?
Mr. Victor Thang: Thank you for your kind words, Monsterra is a multi-chain game run on BNB, Avalanche, 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, play-for-fun, and play-to-earn model, which allows millions of gaming enthusiasts fun and profit with no initial investment. We prioritize developing the game to maximize our user experience: attractive graphics, diverse missions, addictive gameplay from food production, and animal breeding to building your own land, entering fierce battle modes from leading troops to conquer new lands, beating dreadful bosses, raiding other players’ lands and confronting forces head-on other real player’s troops. Thus, we think Monsterra will be able to attract many more players in the long term.
After the recent shocking events in the market, we plan to have IDO and IGO around this June. We are still waiting for things to settle down before taking the major step. But before that, there will be an exciting Battle Testnet Camp released soon for the large community entertainment. Keep following us on Monsterra channels for the latest updates!
Host: It’s great! Your project will attract a lot of investors! Can you share more about your roadmap? What are you aiming to achieve in the 3-months term?
Mr. Victor Thang: Sure, currently we are in the Q2, 2022 of our development journey. Must say, this is the most important milestone for us as there will be so many big events to watch for:
- IDO
- Farming Game Launch
- Battle v1: Adventure Mode
- DAO Treasury + Staking + Governance
- Battle v2: Battle (Boss Challenge + Battlefront)
- Multi-chain (+Terra, Avalanche chain support)
- Fusion
We really hope to have an explosive IDO and successful IGO in the upcoming time. The support from the larger community is the biggest motivation for us to thrive further. Thus, hope that you will keep supporting us hard in the long run, especially in this period of time
Host: We are looking forward to your upcoming activities! Let’s now proceed to the 2nd segment, the Twitter Questions!
Segment 2: Twitter Questions
Host: A while ago, the team chose five questions from Twitter. Here is the link. The first one from @seth_brown_115
Game NFT Blockchain & P2E are becoming more popular, however most of the existing games that use this concept are too expensive for newbies. Will your games be affordable and accessible to the general public, or have you taken any steps to appeal to a wider audience?
Mr. Victor Thang: Thanks for your exciting question @seth_brown_115, most NFTs games currently suffer a low player base due to the expensive initial cost for a new player to take part in the game. But in Monsterra, players can choose to use free assets or buy items on the Marketplace depending on their personal financial situation. When playing with free items, players can still experience all the features of the game. Yet, it will be even more fascinating for gamers with financial investment in NFTs assets.
Gamers using free assets or having a small amount of capital will need to spend more time and effort to farm, build an empire with wealthy properties, and Mongens while gamers spending a bigger financial investment in NFTs items can shorten the time to build a defense empire and generate profits faster when there are battles and events.
However, whether it is a small or big investment, gamers must set up their own wise strategy to maximize the profit generated. Monsterra offers plenty of interesting daily quests for free and low-capital players to be able to engage in. Everyone can entertain and earn as much as they can.
Host: Here’s the 2nd question from @mikesemjavno
P2E concept is currently a trend among many blockchain-based game projects. Could you please list some prominent features that make @Monsterra_P2E game ahead of other competitors? On the way to development, are there any challenges you overcame to achieve your ultimate goals?
Mr. Victor Thang: Yes, 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 to 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.
About the challenges, during the development of the project, Monsterra faced 3 major challenges:
🔻 There are tons of existing P2E games on the market
🔻 There are too many game scam projects affecting the blockchain game industry
🔻 The market is bloody down
I believe these are challenging obstacles to all P2E projects and to overcome these challenges, Monsterra team has focused on developing and improving our core products. Hope that the large community will warmly welcome and enjoy Monsterra when it is out.
Host: Here’s the 3rd question from @AngleShomapty
I read that NFTs are in-game items with real value in Monsterra and that their value increases over time, and the player can easily buy/sell them. But how do you get these assets to revalue over time? What system is in place to keep your NFTs attractive to everyone?
Mr. Victor Thang: In Monsterra, we prioritize the investor’s benefits in the long haul. We have designed and developed a game in which our NFT assets will not be dumped in value over time.
👉Firstly, we provide a limited initial supply while trying to boost up the owning demand by acquiring more new users to the game. As such, the total supply will always be lower than the demand.
👉Secondly, in Monsterra, users can enhance their in-game assets to level up the stats to join exciting and various gameplays. The stronger their NFTs assets, the greater value users can gain.
👉Last but not least, with the fusion feature in which 2 or 3 NFTs assets are merged to create a new one, this NFT burning mechanism will also be activated effectively. The NFTs will be burnt out to avoid unexpected inflation. Thus, the value of Monsterra NFTs assets can be high all the time.
Host: Here is the 4th question from @Lufymot
I want to learn more about this game since it looks so promising for me as a gamer. How can we earn in this game? What are your reward incentives, do these rewards be given after finishing a level or a quest?
Mr. Victor Thang: In Monsterra, you can generate their earnings via many profit streams such as:
♻ Performing daily quests
♻ Participating in in-game battles
♻ Staking in staking pool
♻ Trading on NFT Marketplace
We also build a diverse reward structure with many enticing incentives for grabs. It can be:
📌 Land plots or other kinds of NFTs: It allows players to develop their base to produce more resources, and facilities as well as increase the land’s defense ability.
📌 MAG or MSTR tokens: Players will have an extra amount of tokens to use in other activities.
📌 Consumable items: They can be either Evolution items or Skillstone items which help evolve and train the Mongens.
📌 Resources: These resources are used to feed users’ Mongens.
Players can receive the rewards they gain after completing the quest or winning their battle and use these extra rewards to reinvest in the land.
Host: Here is the last question from @oleg199804
What are the token utilities? Do you have any plan to burn $MSTR to increase and maintain the token value and avoid inflation?
Mr. Victor Thang: As you might know, Monsterra is governed and supported by 2 tokens MSTR & MAG. MSTR is the primary token with a total supply of 100M tokens and MAG is the second token with an unlimited supply.
✅ MSTR can be used in staking, purchasing assets, upgrading items to buying tickets for the event participation
✅ Users can use MAG token to Breed & evolve Mongens, Reduce waiting time in the game, Pay the fee for Arena battles & Buy extra energy.
Monsterra team has increased the utilities of $MSTR, and $MAG in various ways. Our goal is to make the 2 forces (token supply and burning amount) perfectly balanced, so everyone can keep their positive profit. A high using demand will get the tokens effectively burnt and slow down the inflation rate.
Host: Thank you so much for answering questions from the Twitter community! We truly appreciate your time and participation today!
Segment 3: Live Community Quiz
The winner will be participants with their fastest correct answer to the host’s questions.
1. What is the timeline for Testnet Campaign for RedKite Community?
A. May 25 — June 15
B. May 24 — June 14
C. May 25 — June 14
D. May 24 — June 15
2. What is the Token MSTR’s network?
A. BNB
B. Avalanche
C. Terra
D. All of above
3. When will Monsterra IDO be expected to be out?
A. In June
B. In May
C. When the market turns better
D. Not mentioned
4. What is the price per $MSTR?
A. $0.02
B. $0.2
C. $0.1
D. $0.01
5. What are those features that Monsterra offers?
A. Free-to-play-to-earn game mechanics
B. Play for fun gameplay
C. Balanced in-game economy
D. Low gas fee
E. All of above
Monsterra’s Official Channels:
Website l Twitter l Discord l Facebook l Telegram Channel | Facebook group | Youtube l TikTok
Red Kite’s Official Channels:
Telegram Announcement: English | Vietnamese
Telegram Official Group: Global Chat | Vietnam | Russia
Telegram Community Group — Managed by Trusted Partners: Korea
