Wolfonaire Chatbox : AMA With GemUni(30th November, 2021)
Hello! Wolfonaire Family & Crypto Enthusiasts
We recently hosted an AMA With GemUni 30th Nov, 2021 at 2.00 PM UTC. This session was phenomenal. If you have missed then here is the precious AMA transcript, for those who missed the live session this will enlighten you for sure…
Guest Speaker :
Ms. Cassie Nguyen | CEO & Co-Founder, GemUni
(Note: This is the transcription of the event. Please note that the transcript was edited for comprehensibility and coherency, while the content was not changed.)
Cassie : I’m Cassie — CEO & Founder at GemUni — a decentralized NFTs & Gaming Platform.
I have had 8-year experience in the fields of AI, Big Data, Gaming Software tech startups, and enterprises. I am also a crypto trader for a while and a supporter for global crypto projects.
It is my honor to be here to introduce GemUni — a promising project that my team and I are passionately working on, and having been supported by global backers.
Wolf : For our members who are not already familiar with the project, can you give us a very high-level overview of what #Gemuni is and what competitive edge it brings to the Crypto Universe?
Cassie : Definitely! GemUni is building a Decentralized Universe of Casual Games for everyone around the world to engage in Fun, Easy, and Play to Earn Games.
GemUni comprises two tokens: GENI and GENIX.
In the GENI ecosystem, you can earn with our varied DeFi mechanics (Farming, Staking, Lending, Leasing), as well as trade NFT items on the GemUni’s NFT marketplace. GENI token is the main project cryptocurrency, enabling users to buy GENI Passes to access gaming networks and purchase other NFT assets.
In the GENIX ecosystem, users can enjoy diverse addictive casual games in our Gaming site, while monetizing their experiences with gaming platform rewards. GENIX token is our in-game cryptocurrency, which allows users to buy game tickets and earn rewards.
Regarding our competitive edges, while many play-to-earn projects usually focus on creating one distinctive game, we are not a single game, but a Gaming Platform. Players can not only have fun with hundreds of games (thousands in the near future) but also earn real-world values and connect with other blockchain gamers.
Another of our competitive edges is that it’s easy to earn a lot in GemUni. As GENI Passes are bought using GENI tokens, the value of the Passes will increase a lot if the GENI price increases.
For example, the expected ROI will all exceed 1000% if the GENI price increases 10 times after 12 months. So if you buy a Diamond Pass with the pre-IDO price of $585 (USDT), your ROI is estimated to be roughly 3700% after a year.
For more details, please refer to our Gitbook:
Wolf : How do holders of the #Gemuni Tokens benefit in the ecosystem? What power within your model do individuals hold? Why is it so attractive and what are the basic requirements to participate?
Cassie : Interesting question
GemUni Token Holders can enjoy many benefits from owning our tokens. There are two types of currency used across the GemUni platform: GENI (main project cryptocurrency) and GENIX (in-game cryptocurrency).
1. GENI can be used for multiple purposes: Payment, Reward, Farming & Staking, and Voting.
Token holders pay GENI for GENI Passes to access gaming networks and play games to earn & for NFT items to trade on the GemUni’s NFT marketplace.
Moreover, GENI will be rewarded for those who refer new GENI Pass users and those who want to convert GENIX gaming rewards into GENI.
In addition, users can deposit GENI for a fixed amount of time to earn interest, called Farming & Staking.
GENI holders can also vote on some proposed platform features and use GENI to support community developers, gaming studios, and artist centers for building new games and NFTs.
2. GENIX: As the in-game cryptocurrency, GENIX is mainly used to buy addition gaming tickets, and deposit on Battling Pool. GENIX is also used to reward users.
GENI and GENIX can easily be converted back and forth, making it much more convenient for users to Play to Earn.
Basic requirements to participate? There is no minimum amount required to participate in our ecosystem. A small amount of token will be available at IDO, around Dec 17, 2021. So reserve your time to take part in this great event.
Wolf : Have you met all your goals in the roadmap till now? And were there any difficulties that you didn’t expect and were not prepared for?
Cassie : Aww mostly Yes, we are highly committed to meet out goals in the roadmap as the team are working days and nights on it.
However, we are facing an unexpected difficulty recently. Our Product team tested positive for Covid-19 though all the members had been fully vaccinated. Therefore, our plan is one week behind schedule. To handle this crisis, we called for support from outsourcing contractors to keep up with the deadlines.
We have strong commitment to reach every milestone we mapped out and try multiple backup ways to solve problems if they arise.
What a learning experience for us! and thanks for asking this interesting question.
Wolf : Can you please give us a short tutorial on how even a nontech guy can easily use and enjoy your platform?
Cassie : Yes, of course. It’s really easy to use and enjoy our platform if you follow these steps.
- First, if you haven’t got a Metamask account, you need to install and create Metamask wallet account, then connect your Metamask Wallet to GemUni Gaming Platform:)
- 2. Second, Select the GENI Pass NFTs you currently own to enter GemUni Gaming Platform. It acts as the membership card for you to play games and trade to earn coins.
- Third, Pick your favorite game you want to play
4. Then, Choose one among 3 Play Modes: Practice, PvE and PvP to start.
- With Practice mode, you can play to get familiar with the games but cannot “”earn””.
- - With PvE, you can choose between: High Score and Leaderboard.
- In terms of PvP, you will need to deposit different amounts to earn, depending on the GENI Pass levels. Winning users or teams will earn a 75% reward from its Battling Pool (25% is the pool fee
We are working on a detailed tutorial video of the gaming site, which will be released in Dec. Stay tuned to our video tutorials and updates here:
Hope I can visualize these steps for you all:)
Wolf : Thanks For The Details
Lets move for the Twitter Round
Q1. Collaboration and partnership are the most important foundations to help improve adoption. What are your current partners, partnership plans and what can everyone benefit from this partnership?
Can you explain your tokenmix distribution? How many tokens will be minted?
Ans. We are doing partnership with the leading tech and blockchain businesses at both local and global scales. A few names are:
(1) TBlabs.org — a leading blockchain company that has developed numerous projects such as defily.io, lifeonmars.org, and dragonwars.game;
(2) KrystalGo — a cutting-edge token sale platform connecting blockchain startups and community investors;
(3) Refinable — a decentralized multi-chain NFT marketplace for users to trade items from across the metaverse.
We are also in talks with other globally renowned partners and will announce to the community in early Dec.
We also cooperate with Gaming Partners (Studios and Gaming Content Creators) and launching the Global Ambassadors Program & Global Agents Program very soon 🙂
In that way, we can diversify our games portfolio and activities to keep players engaged as well as extend the influence of GemUni to many more people all around the world.
Regarding our token distribution, GENI Tokenomics are built for scaling. There will be 100,000,000 total supply of GENI token.
You can see more details in this link: https://gemuni.gitbook.io/gemuni/tokenomics
Around mid-Dec, 2021, we will do IDO on 2 different launchpads, at the price of $0.2 per GENI.
Q2. Can you tell me a little about the use cases of your NFTs in which way I can generate profits with them? The more GENI Pass I have, the more benefits can I get? These NFTs can only be traded with your token or do they also other types of currencies such as USDT, BNB, ETH?
Ans. You can enjoy multiple benefits from owning GENI Pass NFTs, and of course, generate profits with them.
1. GENI Pass NFTs allow you to enter the GemUni Gaming Platform and play games to earn. The higher Pass levels, the higher earning rates.
2. You can easily trade, buy, and sell GENI Pass NFTs for profit.
3. You can deposit NFTs for a fixed amount of time to earn more coins, via our Farming & Staking mechanics
4. You can lease your GENI Pass NFTs to other game players to earn profit from their play2earn earnings.
In the future, we will develop and introduce more mechanics which helps you play to earn and earn a lot.
Q3. Many games today set high costs to start the game & therefore start with a small player base. Does “GemUni” an entrance fee or starting conditions & if so, what are they? Do I need to hold an NFT or hold a certain amount of tokens in order to enjoy & play The GemUni?
Ans. Moving to Question 3 from @Heartlesss98 Twitter account:
In order to enjoy & play all exciting casual games on GemUni platform, you need to own at least one of five powerful GENI Pass NFTs: Stone, Topaz, Citrine, Ruby, and Diamond. Each Pass will generate a different number of game tickets per day to play in Practice, PvE, and PvP modes.
You can pay GENI or BNB to buy GENI Passes. Topaz Pass NFT price will be available at INO for only around $150/NFT
The special thing is we also offer FREE Stone Passes (Free to Play). You will have 15 game tickets/day to play games in Practice Mode. Though cannot earn, you can practice as much as you want to master your skillsets. When you are ready to purchase paid Passes, there is a higher probability that you can have maximum earnings.
Stone Passes will be distributed for lucky winners in our AMAs, so let’s interact a lot to get your own. In addition, you can also buy GENI Pass NFTs at the discounted price when joining our upcoming INO on Dec 12, 2021. So, please follow your community & social channels to get the latest updates!
Q4. Do you have AUDIT certificates, or are you working to AUDIT your project, to make it more secure and reliable?
Ans. So this Question 4 is a Yes/No Question: So short asnwer is Yes.
We are working with Certik to audit all smart contracts, and will publish results around Dec 3, 2021.
Before our official launch, GemUni will go through full rounds of Security & Performance testing at the beta launch. Besides, GemUni works closely with technical audit advisors and partners to conduct audits as needed during the product development process.
Q5. Winning is the most interesting part of the NFT gaming industry. “GemUni” allows players to not only have fun playing, but also invest their time and money to get a great return as profit. So, What are the different ways to earn income that “GemUni” offers to its users?
Ans. This is a very intersting question that our team are thinking hard about:)
We offer multiple ways for users to earn (A LOT) in GemUni.
First, it’s easy to earn with our Play2Earn mechanics.
- In PvE mode, users can earn rewards by getting high scores in games and/or be in the top 10 users in the daily leaderboards.
- In PvP, depending on the GENI Pass level, users will need to deposit different amounts to earn. Winning users or teams in each PVP battle will get 75% of the Battling Pool’s reward. (E.g. Diamond Pass is very powerful, and it will have unlimited access to PvP to earn).
Second, users can deposit GENI and NFTs for a fixed amount of time to earn interest, via our upcoming Farming & Staking mechanics.
Third, Users can also get commissions through our Global Agent Program when referring new users.
Besides, Leasing GENI Pass NFTs to other players is a way for users to yield shared profits.
Last but not least, users can freely buy, sell, and trade their NFTs on the NFT marketplace to earn profit $$$.
Lets move for the community round
Q1. What time and date is GemUni’s INO?
Ans. Dec 12 2021
Q2. How many Play Modes does GemUni have? In which Play Modes can you earn?
Ans. ba mode : PVP , PVE , Practice
Q3. How many types of Passes are there in GemUni?
Ans. GemUni has 5 different NFT Passes: Stone, Topaz, Citrine, Ruby, Diamond
Q4. When is the Beta testing for GemUni’s Gaming Site (start & end date)?
Q5. List 5 key words describing the 5 utilities of GENI tokens!
Ans. Farming ,staking , payment , reward ,voting
Now the session ends with lots of thanks to our Guest Speaker…
Here are some important links of GemUni
Website | Telegram | Twitter | Wolfonaire Family Chatbox | Wolf