Seascape Network
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Seascape Network

Seascape November AMA #1

Getting to the Nitty Gritty!

Seascape Network just completed the first of three AMAs in November 2020, and it was a huge success. We are so happy with the turnout, the interest, and the excitement. Most importantly, we are very grateful for all the questions that we received so we could have a chance to get directly at the issues that matter most to our players. Below, you will find a list of questions that we answered during the AMA along with answers.

Intro Questions

These are questions that have answers elsewhere throughout our published materials, but were answered during the AMA to familiarize newly interested people with who we are and how some Seascape Basics.

  1. In your own words, what is the Seascape Network?
  2. How big is the team and where are you located?
  3. What is the main token and what does it do?

Pre-AMA Questions

  1. Do you have a marketing plan?
  2. How do you plan to convey the value of Crowns to prospective users?
  3. What are the main functions of DeFi earnings that will be implemented immediately after launch?
  4. Given that game economies can become very complex, to the point that some other Devs hire economists to help regulate them, how do you see the development of the Crown economy?
  5. Can you explain how the Paywave system of Crowns will look from the user’s perspective?
  6. What details can you tell us about airdrops and other community incentives?
  7. Will players be able to stake or do anything unique on the Seascape Network with the NFTs earned through related games?
  8. Are you planning to turn BLOCKLORDS into a dynasty? Will players eventually have the option to breed NFTs to get new NFTs with increased stats?
  9. Do you think an MMORPG game is possible in the future of the Seascape Network?
  10. How can players earn while playing?

Open Chat Questions

  1. What are some of the key features of the platform that puts it ahead of its competitors?
  2. How will payment work within the Seascape Network?
  3. How do my NFTs retain their value over time? Is there a deflation mechanism inside the Seascape Network? Is there an NFT limit for each object?
  4. Why does Seascape include a Paywave mechanism?
  5. How will you onboard players who are new to blockchain?
  6. Some other games who launched on Ethereum ran into a number of financial issues. Do you have plans for how to avoid them?

In your own words, what is the Seascape Network?

Seascape is a gaming ecosystem platform built on Ethereum and Substrate. It is designed for the DeFi and NFT economies. With a focus on usability and quality, the aim is to create an environment that will allow users, developers and stakeholders to play, earn and share experiences in an incentivized way.

How big is the team and where are you located?

Our team consists of about a dozen people located in Shanghai, Singapore, Tokyo and Sweden. We also work with a variety of game developers across the globe in order to create future content for our platform.

What is the main token and what does it do?

Our main token is Crowns (CWS), a token designed to reward all key stakeholders of the gaming ecosystem, will be introduced to users via BLOCKLORDS, the first game developed by Seascape team, as a way to reward all players who play the game. This token will be the way for most players to experience the true power of DeFi gaming and NFT economy in a fun and user-friendly way.

Do you have a marketing plan?

During the two years we’ve been working on our flagship game, BLOCKLORDS, we’ve built relationships with some of the top teams and companies in the industry, including Chainlink, MakerDao, NEO, TRON, and Cocos-BCX, to name a few. We also gained attention quickly after we announced the Seascape Network and CROWNS, we received investment and incubation from LD Capital, KAPA fund etc. Also, we have a good relationship with blockchain media such as DappRadar, DappReview, AltCoinBuzz and others. We believe we will create some great things with our partners together.

How do you plan to convey the value of Crowns to prospective users?

Crowns are basically the lifeblood of the Seascape Network. It’s used for game payments, player incentives, devs, community grants. Once the platform launches on polkadot, staked tokens will be used to secure parachain slots. The core idea is to always reward our players for their patronage.

What are the main functions of DeFi earnings that will be implemented immediately after launch?

Players can look forward to LP mining, NFT Minting, NFT Staking, IN-game CDPs, in-game recharge. We will have more in-depth write ups on how these work in the coming weeks.

Game #1 is LP Mining by depositing Uniswap CWS-ETH LP tokens to consistently earn CWS rewards, and participating users can also earn a Seascape NFT bonus.

In Game #2 NFT Minting, players can spend CWS to mint random quality Seascape NFTs. In the leaderboard, players can compete for more CWS bonuses.

All the Seascape NFTs can be used in Game #3 to stake and mining CWS with an attractive APY. However, there is always a consequence to gain huge rewards, staked NFTs will be burned when players claim the CWS rewards.

In other games, we will also implement CWS as an in-game recharge method and make it become the economic core of the gameplay.

Given that game economies can become very complex, to the point that some other Devs hire economists to help regulate them, how do you see the development of the Crown economy?

It’s important to distinguish between in-game economies and crypto economies, specifically in-game value vs real world value. At first, we have to keep them separate and then gradually blend them together through different games. If the economies do eventually reach a sufficient level of complexity, we will take steps to address it.

Can you explain how the Paywave system of Crowns will look from the user’s perspective?

Any amount of crowns spent in our own games will be automatically distributed back to holders on a weekly basis. Games developed by other devs will go to them with a fixed amount being distributed out of that as well, the so called “Community Fee.”

What details can you tell us about airdrops and other community incentives?

We can’t give too many details about that at this time, but anybody who has played BLOCKLORDS before the incentive date will receive a reward proportional to how active they were.

Will players be able to stake or do anything unique on the Seascape Network with the NFTs earned through related games?

Yes! Through our DeFi games, players will be able to stake and earn rewards on their NFTs, but claiming a staked NFT for rewards will have consequences (staked NFTs will be burned when players claim the CWS rewards).

We will launch more games and use cases for NFTs to stake or directly import into the game and let players play with it.

Are you planning to turn BLOCKLORDS into a dynasty? Will players eventually have the option to breed NFTs to get new NFTs with increased stats?

Yes, in addition to having female heroes, having NFT offspring is something we have considered in the long run.

Right now we are planning and building a lot of content for BLOCKLORDS and Dynasty is a big gameplay that we really want to bring to our players.

Do you think an MMORPG game is possible in the future of the Seascape Network?

Yes, this is definitely an interesting possibility. We are currently developing several 3D prototypes and also talking with development partners to join us on this front.

How can players earn while playing?

The DeFi games will be focused specifically on letting players earn based on their contributions. All games will have a number of special events and markets where players will have a chance to increase their revenue.

What are some of the key features of the platform that puts it ahead of its competitors?

Many projects out there claiming to have the best blockchain game or platform consist of devs who actually have little or no experience with the game industry. Our team is well-versed both in how blockchain economies are built, and can make excellent games on top of those economies. We believe this focus on excellent quality and proper incentives to both our users and devs will set us apart from the competition and gain users, both from blockchain and traditional gaming. The defi mini-games we are about to release are a perfect example of how we plan to combine the best of gaming with core crypto mechanics.

How will payment work within the Seascape Network?

Crowns will be the core token of the platform, and users will be encouraged to use it when they play our games. That said, we will also accept other major coins (BTC, ETH, DOT, etc.) and most importantly, we will make it easy for developers to create their own tokens within their games, which are entirely backed by Crowns (similar to how DAI is backed by ETH in CDPs).

The payment method depends on the game itself. For example, BLOCKLORDS is our current flagship game. It is a free to play game. Which means you can play it without any crypto currencies or wallet. In it, there will also be events and rewards for players in crypto and guide players to install a wallet. Naturally, we will also provide an in-game recharge option using crypto.

How do my NFTs retain their value over time? Is there a deflation mechanism inside the Seascape Network? Is there an NFT limit for each object?

Seascape NFTs can be staked in several of the games on the Seascape networks for guaranteed Crowns revenue over time. That means that each NFT will have a set value that can be redeemed when staked. This will guarantee a minimum price floor pegged to Crowns values.

On top of that, whenever staking rewards are claimed, the used NFT will be burned and destroyed forever, meaning that the more staking rewards are claimed, the higher each NFTs share of the staking pool will be. With this we aim to create a balance of value between Crowns and Seascape NFTs that will benefit the holders and users of both.

Why does Seascape include a Paywave mechanism?

The Paywave feature of Crowns was devised as a way to reward holders of the tokens with the Crowns revenue the platform generates. By redistributing all the revenue to the users, we give each holder a direct incentive to stay involved in the project. We feel this is a much clearer way of doing distributing than other projects are since it will only redistribute what has already been spent, and never create any new tokens out of thin air.

How will you onboard players who are new to blockchain?

Our strategy is that players don’t need to have prior knowledge about blockchain; they can simply register and play. This way we will get normal players inside of the game first. Then we reward and educate players with events and crypto rewards, teach them things about wallet, crypto, blockchain tech, etc.

A good example is the last event we worked with MakerDao in BLOCKLORDS. Every player who created a wallet (Metamaks) and linked with the game will get 25 $DAI reward. Turns out we got more than 500 players to do it and 30% of them did this for the first time. In this way, we intend to encourage more and more brand new players to enter our ecosystem.

Some other games who launched on Ethereum ran into a number of financial issues. Do you have plans for how to avoid them?

Our team has a lot of experience developing on a multitude of chains and layer 2 solutions (eth, neo, matic, loom, tron, icon, etc), and while there are a lot of scalable options, so far none of them have the reach or value within that Ethereum has. That is the main reason why we are starting on Ethereum; because it’s where all the value is, both for our users and our developers. The key to creating a successful project there is to make the potential rewards higher than the gas fees, which a lot of projects have been able to do.

For the long term, and as mass adoption arrives, we agree that scalability is key, which is why we will also develop our platform on other solutions such as Polkadot. We are also taking a close look at layer-2 solutions such as xDAI and BSC to handle the ethereum transactions more efficiently on the backend.

Wrap Up

Here we have an exhaustive reproduction of our first AMA. We look forward to the next two and many more in the future. Not only do these help us get information to our players, but it helps us create our platform in a way that is clear, transparent, and helpful, allowing us to grow in the direction that our players most need. Stay tuned for further information!

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