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Wall Street Games x Satoshi Club AMA Recap from 27th of June

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Wall Street Games and our guest was @WSG_Anze, and @WSG_Bernard — representatives of Wall Street Games. The AMA took place on 27th of June.

The total reward pool was 500$ and has been split into 3 parts.

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Website

Gold Rocket | Satoshi Club:
Hello again, dear Satoshi Club community! We are pleased to announce AMA with Wall Street Games.

D. | Satoshi Club:
Hello everyone

Today our guests — @WSG_Anze @WSG_Bernard !

Welcome guys.

Gold Rocket | Satoshi Club:
Hello and welcome to Satoshi Club, @WSG_Anze @WSG_Bernard!

Anze | Wall Street Games CEO | NEVER DM FIRST:
Hello everyone! Glad to be here with you today!

WSG Bernard:
Hello everyone! So happy to be here with you today and this amazing community!

D. | Satoshi Club:
Nice to have you here guys

Anze | Wall Street Games CEO | NEVER DM FIRST:
Thank you!

Gold Rocket | Satoshi Club:
We are very glad to conducting AMA with Wall Street Games

!

Thanks for joining guys!

Let’s start!
Introduce yourself please. How did you get to be involved in crypto & Wall Street Games?
Tell us please about your position in Wall Street Games

Anze | Wall Street Games CEO | NEVER DM FIRST:
Same here! A great community to present our project to!

Sure! My name is Anze and I am the CEO and Founder of Wall Street Games. I have been active in the crypto community for more than 6 years now. In between, I have been in the world of economics, advising institutions, startups and cooperating with experts.

WSG Bernard:
Hello, my name is Bernard. I am a full-stack and blockchain engineer and I work together with Anze and several other team members on the Wall Street Games project.

I have a degree in computer science and have been following crypto since 2017 and have started solidity programming approximately a year ago. I am very proud to be able to share and present our biggest project that we’ve been working on for several months now.

Done

Gold Rocket | Satoshi Club:
Amazing background

Anze | Wall Street Games CEO | NEVER DM FIRST:
Thank you!

Gold Rocket | Satoshi Club:
What is the essence of Wall Street Games?

How long does it take to develop a project? What plans do you have for the future? And what can we expect from Wall Street Games?

D. | Satoshi Club:
Do you have only two members in the team?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Wall Street Games is a hybrid blockchain-based gaming platform where players battle each other in fun simple games for rewards in cryptocurrencies. Basically two players play games against each other and the one with the highest score wins. You can check out and try the game at any time on https://wsg.gg, it’s a blockchain-based gaming platform that combines off-chain and on-chain elements to create a fun, secure and (soon-to-be) operational (live) protocol where users will be able to battle it out against each other in skill-based games to see who is the better one.

Of course not!

The team consists of a blockchain developer, two full-stack gaming developers, a marketing strategist, a designer, and me.

WSG Bernard:
We have been working on WSG for the past 4 months and will be launching our full platform with real wagers on 1st July, so in a few days. We have a roadmap packed with many exciting features and we are just starting, so you can be sure that there’s much more coming!

D. | Satoshi Club:
Why you named project wall street games? you have any relation with real wall street?

maybe in past

Gold Rocket | Satoshi Club:

wow! It’s very soon

Busy roadmap

Anze | Wall Street Games CEO | NEVER DM FIRST:
No, not really

the name came from reddit, we thought is was really cool and actually connecting games with money

WSG Bernard:
Busy roadmap means a lot of development and that’s why we are here

D. | Satoshi Club:
Got it

Gold Rocket | Satoshi Club:
Thanks for the introduction, we will have a question selected for the Part 1. ready to start?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Sure, let’s go

Q1 from Telegram user @kimterbear
As a gaming platform, does Wall Street Games also plan to preserve the traditional video games in an integrative way? How does WSG plan to leverage this opportunity to become something better than the traditional ones? Shall we expect a more innovative gaming platform compared to the traditional ones? What upgraded features shall we expect to WSG that can’t be found in any traditional game?

WSG Bernard:
The technology behind WSG and the platform the way it is currently built, supports integration with whatever backend system we decide to develop. Right now we’re working on our own quick, fun and addictive games that can be played on any browser, device or tablet. Of course, we could build a system that would integrate scores and matchmaking from traditional games, all of these avenues are open for the future.

Gold Rocket | Satoshi Club:
Do your users need to pass KYC?

D. | Satoshi Club:
Will you games have any connection with gambling?

Anze | Wall Street Games CEO | NEVER DM FIRST:
The breakthrough is that we are introducing PVP games to the blockchain where the player’s funds are always in their hands. Blockchain makes sure of that. So the safety is our n1 goal. There will be constant upgrades and challenges for the users. We will have live events and even community-developed games will be introduced into the platform where users will be able to earn passive income from that

WSG Bernard:
The main upgraded feature that WSG has that no other gaming platform has is that the user’s funds, winner declaration and distribution of rewards happens completely on the blockchain, decentralized and as secure as it can be. This is what makes our platform completely different from any traditional system or competitors.

Anze | Wall Street Games CEO | NEVER DM FIRST:
No, as this is the goal of blockchain. Simply connect a wallet, play a game against others and earn rewards

WSG Bernard:
No, our games will not have any connection with gambling. We are focused on skill-based games that require dexterity, strategy, good reflexes and a mixture of all of this together. We are not going to introduce any games that are based on gambling.

D. | Satoshi Club:
That’s nice feature.

Gold Rocket | Satoshi Club:
These are really unique features

Passive income is always nice

D. | Satoshi Club:
But will you have some sort of ‘box opening/case opening’ like in CS GO for example?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Not at the moment. For now, players that will be most active on the platform will be rewarded. But we have some similar features planned for the future.

WSG Bernard:
We are however introducing NFT cards, and NFT-based staking that will mimic this behaviour, for example to have unique titles, special effects next to your name and various other perks in the future when we will open our own governance platform and more!

D. | Satoshi Club:
Thank you! we will talk about NFTs today

Gold Rocket | Satoshi Club:
Thanks for your answers

Can we proceed? Or you want to add something?

WSG Bernard:
We can continue

Q2 from Telegram user @h1drX
The total supply of $WSG is 1,000,000,000,000,000. What is the $WSG distribution model? Do you have a reward system for holders? Do you have a burning system? Does it have a DAO mechanism? Will you make changes to the token $WSG on July 1st?

WSG Bernard:
Here’s a rundown of our token distribution:

There is a reward system for our token holders via the staking pool and for liquidity providers.

There is no burning system or any other fees associated with the token or with the transfer of our token.

D. | Satoshi Club:
Why you decided to mint such a crazy amount of tokens?

WSG Bernard:
We are not building a DAO mechanism, but we will be creating a governance platform which will allow users to vote on new game scenarios, propose them and even more functionality.

Gold Rocket | Satoshi Club:
Yeah

WSG Bernard:
There will be no changes on 1st July and to answer your question; it doesn’t really matter what supply we minted, the price correlates with the token’s supply, but we decided to do it this way since it was the “trend” and people generally like to see 1,000,000 tokens in their wallet instead of 0,0001 so that was the reason behind that.

But from the functionality of the platform it brings no advantages or disadvantages

D. | Satoshi Club:
For the governance you will use the same token or it possible be new one?

Anze | Wall Street Games CEO | NEVER DM FIRST:
We will use the same token

D. | Satoshi Club:
Okay, got it! thank you for clarification

Gold Rocket | Satoshi Club:
Thanks for your answers

Ready to proceed to the next question?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Our pleasure!

WSG Bernard:

Q3 from Telegram user @Highpee
Wall Street Games is a hybrid blockchain gaming platform where user can earn real token rewards that are more than mere game points. However, one of the challenges faced by play to earn gaming platform is the way hackers and gamers can unfairly use automated computerised bots to manipulate their reward accrual as well as beat their opponents and gain undue advantage. How will your platform guide against this kind of situation as well as prevent any injection based exploits from external game players? And since you said community can introduce and integrate new games into your platform, how will you ensure such games are not modded with malwares than can perform underground exploits as soon as the games are started? Do you open up new games to bug detection contest before such games are uploaded?

WSG Bernard:
We are aware of this of course. First of all, the games on the platform don’t run on the user’s browsers, but on an instance on our servers, therefore any type of injection-based exploits can not happen. Secondly, we won’t be introducing games which can be exploited in the sense that the outcome can be predicted. We are going to build games that require a bit of skill, strategy, speed and also, in some cases, a small amount of luck in order to introduce that randomness which is needed to defend against bots or scripts.

The important thing here is that we are running several extensive tests before we allow the games to be played for real wagers and users won’t be able to just upload their own game scenarios. We will be testing them, approving them and we will also audit them before they even appear on the platform itself.

That’s the same we are doing now as well.

D. | Satoshi Club:
How integration process of new games will be look like? for developers, what actions should be from them to push the game on your platform?

And since we talking about security, we can’t avoid question about audit

WSG Bernard:
There is no details regarding this just yet as we are still in our beta release. However, once this becomes an option, the rules will be presented very clearly for any interested developers. Grants will be given out to those which are accepted and possibly also game revenue sharing once it comes live on the platform.

This is in this moment just roughly described, but more information about it will be shared in the future.

We already have an audit report from QuillHash

D. | Satoshi Club:
Will you surprise us on July first with a new audit?

Gold Rocket | Satoshi Club:
What are your results? Can you share with us?

D. | Satoshi Club:
The more audits the better

Gold Rocket | Satoshi Club:
Security first of all

Anze | Wall Street Games CEO | NEVER DM FIRST:

Wall-Street-Gamers-Smart-Contract-Audit-Report-QuillAuditsDownload

Yes, indeed!

Gold Rocket | Satoshi Club:
Thanks

WSG Bernard:
There’s no additional audit planned for 1st July since there will be no changes to the contracts. We could consider something like that further down the line when it makes more sense and when new features are released, such as our NFT staking.

D. | Satoshi Club:
Gotcha.

Gold Rocket | Satoshi Club:
Btw what game do you play personally? what is your favorite game

Anze | Wall Street Games CEO | NEVER DM FIRST:
I like blizzard games and csgo

you?

Also on mobile, I got pretty addicted to flappy bird

Gold Rocket | Satoshi Club:
Great choice

D. | Satoshi Club:
I played csgo in the past

but now i don’t have any free time for this

Anze | Wall Street Games CEO | NEVER DM FIRST:
I know how you feel

Gold Rocket | Satoshi Club:
Thank you very much friends for your answers!

Ready to proceed to the next question?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Sure, let’s go!

WSG Bernard:
Let’s continue

Q4 from Telegram user @DK177
According to the roadmap, you launched the platform on BSC and there is a plan to launch on other blockchains during Q4. Are there any special reasons to launch on BSC first or did you choose it just because of the current trend? Further, what are the other blockchains you are going to launch on? We can see some projects are being launched on several blockchains, but why did you postpone the launching on other blockchains to Q4? Are you going to test on BSC before expanding the project? On the other hand, why did you decide to go for those options without limiting $WSG to BSC?

WSG Bernard:
BSC was chosen because of it’s low fees, fast transactions and user base. Ethereum just wouldn’t work for the business model we are after.

Integration to more blockchains takes time, testing, money — all of this would delay our launch. BSC was the best choice.

In the future, we want to look into connecting with Polygon, Fantom and other layer-2 solutions which have even more advantages and which could lower transactions costs to the bare minimum.

Done

Gold Rocket | Satoshi Club:
Very detailed answer! Thank you!

Anze | Wall Street Games CEO | NEVER DM FIRST:
I agree! What more do you have in store for us?

D. | Satoshi Club:
Btw on your platform players should pay any additional fees?

WSG Bernard:
There is a 5 % treasury fee on the total wager amount in the game. There’s also a 1 % deposit fee to cover the network’s transaction fees (declaring winners, claiming rewards, etc.).

Gold Rocket | Satoshi Club:
Do not doubt! our community is very curious

D. | Satoshi Club:
Understood, appreciate for answer! ready for the next question?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Yes:)

Q5 from Telegram user @NataliyaKil
You claim that once a player makes it to the top 10, there are additional weekly rewards awaiting them! But there are four Leaderboards on your site: Daily, Weekly, Monthly, and All time. So what are the rewards players get when they get into this Leaderboard? How are these rewards calculated and paid, leaders receive them automatically in their wallet or do they need to be claimed on their own, in what currency and how can they manage their rewards? How is the place in which the player will be on the Leaderboard is determined, what does his position depend on?

Anze | Wall Street Games CEO | NEVER DM FIRST:
You get onto the leaderboard by playing games and breaking records. We have unique system that will calculate the rewards also bringing lower rewards for those how are already on the leaderboard and not improving their score. For example if a player had a highscore for a longer period of time, the highscore won’t be as valuable as it was on the beginning thus we want to incentivise the players to do better in each game played.

WSG Bernard:
Weekly rewards will not need to be claimed, they will be distributed to the user’s wallet via an airdrop distribution.

Additionally, users that play with WSG tokens will have a higher chance in the draw for the weekly rewards. More information including a detailed specification of each tier and impact on the draw will be shared in a detailed article on launch.

D. | Satoshi Club:
Rewards distribute automatically or you do it manually?

Anze | Wall Street Games CEO | NEVER DM FIRST:
The place on the leaderboard is determined on the score achieved. Either it is a high score or the least amount of time needed to complete the game.

Gold Rocket | Satoshi Club:
Great benefit to stimulate players

WSG Bernard:
We will do it manually at first, but the calculation and everything else will be done by an automated script.

D. | Satoshi Club:
Nice

Gold Rocket | Satoshi Club:
Thank you guys very much for your answers! I suggest moving on to question 6… if you don’t mind

Anze | Wall Street Games CEO | NEVER DM FIRST:
Yes, sure!

Q6 from Telegram user @orlemys
I read on your roadmap that you plan on launching your own NFT Collectibles right now, in Q3 of 2021. Can we have a sneak of the collectibles you will have? Is there a specific date for the launch? What method will you be using for selling and what’s the price range? Who are the artists behind them? Also, are there any plans of releasing game-specific merch or other real-life goods?

Anze | Wall Street Games CEO | NEVER DM FIRST:

Here’s a sneak peek

Gold Rocket | Satoshi Club:
Wow!

WSG Bernard:
The NFT cards won’t have any specific prices, the market will decide how much they are worth.

There is no specific date just yet, but it will be the next thing in line after the platform launch on 1st July. We are creating the cards on our own.

They will have real use cases, including a higher draw chance in the weekly community giveaways and will also bring special titles and effects on the website!

And of course, we’d like to do real-life goodies and merch if our community will request it!

D. | Satoshi Club:
What means this number 7 in the top left corner? it mean he has any power in some game?

WSG Bernard:
It is the tier of the card, there are several “levels” planned, each with it’s own design and features

You’ll need to “level-up” to receive higher tier cards.

Gold Rocket | Satoshi Club:
I really love nft. I am especially impressed by the fact that you put use cases into them.

WSG Bernard:
Thank you!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @highpee
You described Wall Street Games as a hybrid blockchain based game that combines OFF-CHAIN and ON-CHAIN elements. Whenever I attempt the games you currently have off-chain, a warning always appear which reads: “You have to be connected with your wallet in order to play the game”. In what way are you an HYBRID and how do you plan to combine off-chain element? Are your games only suitable for crypto gamers?

WSG Bernard:
Hello Johnny and thanks for your great question!

The game itself runs off-chain on a server instance, but the game wagers, winner declaration and distribution of tokens runs completely on the blockchain. What this means is that we never control the user’s funds as they are stored on a smart contract and not in a centralized wallet. This has huge benefits for our users with the ultimate security that blockchain brings. This is what we mean by the “hybrid” on-chain and off-chain gaming platform — the first of it’s kind.

Q2 from Telegram user @Amila19932
How to get above mentioned NFTs? Do I have to play the game and unlock those NFTs or is there any NFT trading platform to buy?

WSG Bernard:
To acquire the NFT cards, you will need to join our NFT staking pools and receive the cards in order, and then level them up to be able to join the next staking pool and so on. Playing games is not necessary to receive the cards, but has a lot of perks if you are actually using the platform. You will be able to pledge your cards and receive exclusive rewards, have unique special effects on the platform that other users will be able to see and more!

Q3 from Telegram user @Therossed
In this situation my question is :

  1. Is there any chance to get this project to be partnership with a Console platform as a Playstation, XBOX, etc or a Steam?
  2. in the future, is there any plan to doing a 1 vs 1 gaming in the same time?
  3. at this moment there’s a lot of project here and there, so what plan of WSG to approach the investors for this situations?

x Wall Street Game√

Anze | Wall Street Games CEO | NEVER DM FIRST:
Not at the moment as these providers do not do casual, addicting gaming. On each of their platforms, the games are paid and we are not going in that direction. We want to build our own platform

Yes, as we have a good retention rate on the platform and constant users, we will expand into live matchmaking.
We are aware of that, but if you look at our project and how much we have achieved in a month, you can see the difference between us and other projects

We have a long-term plan which will surely do good!

Q4 from Telegram user @andrey_seleznov
I see the WSG platform has two games at the moment, The Trader and The Coin Explorer. Those seem to be relatively simple and easy to play games. I wonder if you plan to expand the collection with more different games in the near term, do you only list your own games or the ones developed by the 3d party projects as well? What other games, perhaps more complex, blockchain and DeFi oriented games do you think can be listed on the WSG platform? Thank you!

WSG Bernard:
Hello Andrey!

Yes, as we’ve mentioned earlier, we plan to develop more games, some of them fast-paced, other ones more strategic and whatever else that we will be able to incorporate. We don’t have any specific barriers from what kind of games can be included, just that they can be played in a 1-vs-1 fashion with a turn-base system (one player first, then the other player). We will also be including games from external developers that will be interested to build game scenarios for our platform and receive grants. Thanks for your great question!

Q5 from Telegram user @doithay1617
I see “Refer a friend” in the Website, What is the commission I will get for inviting my friend to the Wall Street Games?

WSG Bernard:
As a referrer, you can receive passive income forever! Refer your friends and you will receive 0.25% from their total wager amount for as long as the platform exists and your friends play the games! This is a great way to earn some additional income as it rewards the community for bringing in a new audience.

It’s really easy to set up and everything you need to do is to share your unique referral link!

Q6 from Telegram user @Wong2008
Do you have any tutorial to explain more the games provided in your website?

Anze | Wall Street Games CEO | NEVER DM FIRST:
Yes! https://wsg.gg/tutorial or you can check out our Twitter https://twitter.com/WSGToken where we also posted videos on how to play our games!

Q7 from Telegram user @Kushal85127939
Could you please share on which Exchanges Wallstreet token is alrady tradeable with good liquidity?

WSG Bernard:
Hello Kushal!

We have great liquidity on PancakeSwap, JulSwap for decentralized exchanges.

We are listed on Hotbit, Bilaxy and Bitmart.

Trading will start on Monday at MXC, so we’re very excited about that!

And there’s an additional quite awesome CEX listing announcement coming on Monday!

Q8 from Telegram user @vedamatrix
Which type of wallet should I connect to your website in order to play your games?

WSG Bernard:
Hey Morpheus!

You can use any type of decentralized wallet provider that you use on your browser or mobile device. We accept any injected web-based wallets such as Metamask, JulWallet, and Binance Smart Chain.

You can also use TrustWallet or any WalletConnect compatible wallet and there’s a huge amount of those, so you can easily access the website from tablet or mobile!

Q9 from Telegram user @Robotliker1
How much deposit should I make after connecting my wallet? What is the maximum deposit that can be done?

Anze | Wall Street Games CEO | NEVER DM FIRST:
So the minimum deposit will be 10$ and the minimum game wager deposit will be 5$. There is no maximum deposit, but the max game wager deposit is $100.

Part 3 — Quiz Results

In the final part, we tested your knowledge in terms of Wall Street Games. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/

Our partners
Wall Street Games Telegram community: https://t.me/WSGToken
Twitter: https://twitter.com/WSGToken
Website: https://wsg.gg

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