On January 13, 2023, For Metas hosted a very in-depth AMA at the Crypto Sphere community from India. This AMA allows more new users to have a deeper understanding of the entire platform of For Metas and Gloryland, an upcoming game.
Crypto Sphere:
Before the start of the AMA, let me briefly introduce the process of today’s AMA. The AMA today will be having 3 segments:
1) Introduction
- The Guest will introduce the project for you in a very common way , and later The Host and The Guest will go through some questions and answers
2) Twitter Questions
- Five selected questions from Twitter along with link will be pasted in telegram group
3) Telegram Quiz
- For Metas questions, the user who answers correctly the fastest will be rewarded with an R card
We will select 5 questions from Twitter who will get N CARDS and 1 winner of telegram quiz will get R CARD. Hope you guys understand. Let’s start?
- First of all, we would like to know about you and the team behind the project. Can you share about you and your team?
For Metas:
A little bit about myself, I’ve been in the crypto space since 2017. And behind the For Metas project is my team, the team was born with a mission to create a leading web3 application ecosystem and has many blockchain and game partnerships and communities in East and Southeast Asia, such as COCOS-BCX, LINK3, EthereumFair, Mail3 and so on. You can check in our discord channel #partnerships under LEARN FOR METAS IN MINS.
Team members of For Metas have been working in the entertainment industry for years, covering the space of games, movies, and high tech companies. For Metas has also received millions of funds in its seed round from well-known individual & institutional investors, we will disclose the detailed information at a certain stage. This investment will enable For Metas to develop and grow while adding more valuable changes to the entertainment industry across a longer time expectancy.
Crypto Sphere:
2.So, please give a brief introduction of What is For Metas?
For Metas:
For Metas is building an aggregated application platform that provides a seamless and engaging entertainment experience for users. Our goal is to build a one-stop hub for users to gain access to various entertainment resources including but not limited to blockchain games, live streaming, social Dapp, metaverse and AR/VR within one platform in a fast, secured, permissionless, incentivized and decentralized way.
Be sure to check our whitepaper and social media for the latest updates
Whitepaer:https://docs.4metas.io/
Website:https://www.4metas.io/
Twitter:https://twitter.com/4metas
Telegram:https://t.me/ForMetas
Discord: https://discord.com/invite/NRVxq9Uqcz
Medium:https://medium.com/@4metas
Crypto Sphere:
3.What makes you build For Metas？
For Metas:
Well, that’s a lot to say. So what For Metas is building is quite unique. For Metas was founded by a team with a background in traditional games . And our founder has been in the crypto industry for several years as well. We have witnessed the rise and fall of the current blockchain gaming or “GameFi,” but apparently, there are still lots of problems with the current model. So we studied and reviewed a lot and thought, why not develop something different? And apart from games, we also want to integrate the beauty of social applications, streaming services, and other interesting entertainment apps we think might be fun to have deployed on the blockchain. That was how For Metas was born.
Crypto Sphere:
4.What make you stand out from other web3 application platforms?
For Metas:
So first of all, the content on our platform is quite unique. We are the first one to integrate games, live streaming, social, Metaverse,AR/VR, and other features probably in the coming future.
Besides, nobody is building an aggregated web3 application like we do. If you find yourself dividing your time between your computer, your games console, your streaming application and your stereo. Then For Metas is definitely a place for you to go, all the best dapps for you to have fun let out your steam while having a chance to earn.
So coming to the earning part, most people might be interested in, you know, most gamefi projects. They have a really short life circle, and it’s more like a game of “Pass the Parcel”, needing constant inflow of users and funds to support the survival of the game. Though the traditional game with a millions downloads can suffer from this short-life problem and is kinda inevitable. In For Meta’s case, we’ll launch and incubate 10–20 games, and this means platform users can constantly have new experiences and we also solve the above problem by injecting vitality through new ones.
What’s more, even For Metas NFTs is recyclable, It allows users to use a single asset across the “borders” between multiple games. That is to say, one game asset can be used in another game, even across categories. In contrast with other NFTs that quickly lose its value after the “death”of the game, For Metas NFTs have the potential to preserve or even appreciate in value.
Crypto Sphere:
5. We heard the first game, Glory Land, is coming soon. Can you tell us more about it?
For Metas:
Yeah, we are super happy to announce our first game, Glory Land, is going to launch soon. Actually, our team has been working almost entirely on this game for a long time. Glory Land is a classic mobile IDLE game with stunning artistic beauty.
As for the gameplay, there are two battling modes: PVE and PVP. As mentioned above, players can also choose to skip battle, but a challenge roll is required. Apart from the main gameplay, players can also farm $4MW tokens with their NFTs. That means players can earn passive income even without playing the game.If you are a social person, you might also join the guild family by searching for other guilds or establishing their guild. Within the guild, you can exchange resources, such as sharing game tips and trading and exchanging heroes.
And I know most of you guys might be interested in how to play to earn. So in Glory Land, you can participate in the PVP and PVE battle, and earn NFT fractions in the process which can be used to synthesize mystery boxes and then sell in the marketplace for profit.
Another great way to earn is by staking your NFT card. The amount of rewards you get depends on the tier of your NFTs. The higher tier NFT means more reward, also, by utilizing the upgrading system and players can earn higher staking income. In addition, in the game, the top players on the heroes list split up the individual and guild pools worth tens of thousands of dollars respectively.
Crypto Sphere:
6. How do players enter the game? Do they need to buy any NFTs?Any internal-test or public-test?
For Metas:
Considering the players’ willing, For Metas decided to launch beta testing version. The players who are holding NFTs of R-level and above could participate in this event and everyone who join the test will receive a special gifts after the game launch officially.
You can read the details here: https://medium.com/@4metas/formetas-tutorial-how-to-join-the-beta-version-of-gloryland-ca09bf253973
Crypto Sphere:
7. NFTs in GloryLand are not only in-game items, what are the other utilities?
For Metas:
The NFTs of Glory Land have 3 attributes STM:
– Mineable VS Non-Mineable
– Synthesizable VS Non-Synthesizable
– Tradable VS Non-Tradable
Apart from playing Gloryland, the NFTs can join the NFT Mining as well. You can mine the platform token — $4MW everyday if you hold the mineable NFTs.
What is more, the NFTs can trade on the platform.Because the hero NFT card is an essential part of the game, and the game can only be started with a hero NFT. During the game, some game props and NFTs will be dropped. These NFTs can be traded on the market. After the game is officially launched, the official will no longer sell mystery boxes, which means that in order to obtain the hero NFT for the game, users must purchase it from the secondary trading market. In other words, the NFT in the market is maintained at a certain level of inflation for a long time, and there will be no price collapse due to rapid quantity inflation. The NFTs obtained by users in the game are more valuable, and it is truly P2E.
Crypto Sphere:
8. How about $4MW? What is $4MW and what is the relationship between $4MW and NFTs?
For Metas:
You can get $4MW by NFT Mining. Apart from this, there is no more output of $4MW from any game under any circumstances.
That is mean there are 2 ways to get $4MW. One is holding NFT to join NFT Mining, and the other is buying $4MW tokens on pancake or other market. So the price of $4MW will be easier to pump up because there is no massive selling off.
Apart from NFT Mining, you can synth your NFTs to be the upper tiers then can win more NFTs for cashing out from the game. Because synthesizing more advanced NFTs can enhance your hero attributes and help you pass levels more easily. In addition to improving your game experience, more importantly, as the number of levels increases, your rewards will also be more generous. Among them, the dropped NFT that you won from the Gloryland can not only be synthesized, but also sold for profit.
Crypto Sphere:
9.How do you make sure For Metas won’t collapse just like most of the other Gamefi projects?How do you make sure your tokenomics is sustainable?
For Metas:
That’s a good question. Most projects in the early days, especially GameFi projects, can’t be called games at all, with only simple staking and mining functions, and many web3 projects have a high entry barrier that seriously interferes with the user’s game experience. But in For Metas’s case, we provide applications with high playability, and we provide a smooth and easy onboarding process for both Web2 and Web3 users.So from the product side, we are confident of the long-term retention of users.
From the economy side.So far, most projects rely on “external circulation” survival, where players produce tokens with NFT and then swap to get stablecoins. In this case, it is facing sell pressure from both investors, token holders and players which may accelerate the death of the game.
In the For Metas ecosystem, there are two main underlying financial value carriers, the platform token $4MW and NFTs.$4MW is the fuel that drives the For metas ecosystem and the only medium for Dapp usage, consumption, and rewards. For example, $4MW is used for in-game spending, equipment purchases, upgrade consumption, etc.
NFTs are application assets in For Metas with the following features:
-Limited time and limited quantity offerings
-Users use NFTs to produce NFTs
-NFT can be staked to mine $4MW
For example, in the upcoming game Glory Land, players enter the game by NFT hero card. Then consume $4MW during the leveling process to obtain NFT fractions to synthesize mystery boxes, which can be sold on the secondary market for profits. Some cards have mineable attributes; players can choose to stake directly or upgrade the cards by consuming the specified cards to obtain higher staking income and level up in the game faster. Players can directly list and sell both the synthesized mystery box and the upgraded NFT card trading market on the website.
It is worth mentioning that the For Metas can be used for secondary scenarios. Because there are 10–20 games launching on For Metas every year. Thus, a specific NFT can be used across different games launched, giving it the dimension of collection value and future value-added.
Furthermore, apart from the perfect fusion of NFTs and $4MW, For Metas also designed a Redistribution model where a large portion of the platform revenue will go directly to the platform users through the guild rewards, staking rewards, invitation rewards, etc. The mode directly extend the life cycle of the platform, and the users also get better incentives and positive feedback.
Crypto Sphere:
10.Please share more about the roadmap of For Metas.
For Metas:
Beta version is on going so first of all, you guys definitely need to register your account first, we have a comprehensive step-by-step guide for you guys on our official medium, if you need further help, just go visit our discord and our admin will also be happy to answer that for you guys.
So for anyone, we wanna jump into the world of Glory Land, we definitely have prepared beta testing for people who wanna experience in advance. But also have to note, only registered users with NFTs of R and above level can enter the game, and anyone who joined the beta testing could get the special gifts after the game launch officially. You can check the tutorials for the internal testing also on our Medium page.
You might also wonder how to get your first Glory Land NFTs, well, you can purchase the mystery box, we have different tiers and sizes of the box, and players might choose one according to the own preference, as I mentioned above, there is only one official sale of the box, and you can only buy it on the secondary market place at probably higher price in later stage, so we highly recommend get your NFTs asap, worth mentioning, we also have a repurchase plan which means if you are lucky enough to get a SR hero card, we will buyback at the price of $1500, amazing right?
Crypto Sphere:
11.Any ongoing campaigns at the moment,such as the community campaign or product campaign?
For Metas:
For Metas x Mail3 NFT Airdrop Event is on going now. Complete the tasks at Quest3: https://app.quest3.xyz/quest/724854344018866492 till 18th Jan 2023. 25 NFTs of R-level special for Mail3 users and all participants will receive N cards as rewards.
What’s more, there is Twitter Space with the topic of 2023 #Web3Camp Space held by For Metas, Chamcha, dappOS, OceanPark, SaaSGo and HabitTrade together tomorrow. You will win the For Meta NFTs and Link3 SBT as well. Please pay attention to our Twitter https://twitter.com/4metas/status/1612994281081548800 if you are interested in.
Last but not least, tonight we prepared some NFTs as gifts here. Players who ask questions and then we picked to answer will receive For Metas NFT as well.
SEGMENT 2
Crypto Sphere:
It was a great time with some Knowledge.Let’s Move on to Segment 2 . And now it’s for the Community for grabs . I will select 5 best questions from Twitter and post the link here you can answer them
1.What are the use cases of the For Metas NFT cards?
https://twitter.com/ShirasMohamed83/status/1611402256255193088?t=hjMSUEZ6vl9Ps_1adJs7sQ&s=19
For Metas:
There are many use cases of Gloryland NFT:
1)NFT Mining. Mine For Meta Platform token $4MW everyday
2)Play the game of Gloryland
3)Synthesize more advanced heroes NFT then play the game and win more NFT rewards to cash out
4)Trade on the second market to make profits (For Metas will no longer sell Gloryland NFT after the game launch)
Crypto Sphere:
2.Every serious project needs investment companies and partners who will hold no matter what and create a strong floor by giving financial support to the project . You already have some like it. But what are your plans to aquire more partnerships ?
https://twitter.com/Roshansraj18/status/1613471475893432321?t=uhzUKJaZJdsV-MSAfVoP0A&s=19
For Metas:
As mentioned earlier, For Metas has a lot of partners. They come from the resources, experience and connections that the For Metas team has been cultivating in the blockchain industry for many years.
At present, we have only held activities and in-depth cooperation with some of our past partners. In the future, we will continue to promote more in-depth cooperation.
Crypto Sphere:
3. I think there is a game releasing in January 2023. Can you explain more about it? How will the players get rewarded and all?
https://twitter.com/AbhiW3eb/status/1613473035738284034?t=O4LmWjN9pLNy6GvasBnSPQ&s=19
For Metas:
The NFTs of GloryLand have 3 attributes STM:
– Mineable VS Non-Mineable
– Synthesizable VS Non-Synthesizable
– Tradable VS Non-Tradable
Apart from playing Gloryland, the NFTs can join the NFT Mining as well. You can mine the platform token — $4MW everyday if you hold the mineable NFTs.
What is more, the NFTs can trade on the platform.Because the hero NFT card is an essential part of the game, and the game can only be started with a hero NFT. During the game, some game props and NFTs will be dropped. These NFTs can be traded on the market. After the game is officially launched, the official will no longer sell mystery boxes, which means that in order to obtain the hero NFT for the game, users must purchase it from the secondary trading market. In other words, the NFT in the market is maintained at a certain level of inflation for a long time, and there will be no price collapse due to rapid quantity inflation. The NFTs obtained by users in the game are more valuable, and it is truly P2E.
The gameplay model of the games on For Metas is totally different from other gamefi.Because there is no output of $4MW from any game under any circumstances.
The subtlety of this economic model is that old users win NFTs by playing games, and the new users need to buy these NFTs from old users to start their game. So, the old users make profits from trading their NFTs that won from the game, and then they will synthesize more advanced NFTs to continue upgrading their level in the game to get more NFTs for sale. Therefore, a reasonable circulating closed loop to achieve Play-to-Earn is formed.
You will have a deeper understanding when you participate in our beta game test
Crypto Sphere:
4.What are the requirements for playing the games , do I have to hold any amount of tokens or nfts for playing the games ?
https://twitter.com/sainudeens243/status/1613460778543362051?t=Yn_KnfXZMa2bKXL0scSLgw&s=19
For Metas:
Considering the players’ willing, For Metas decided to launch beta testing version. The players who are holding NFTs of R-level and above could participate in this event and everyone who join the test will receive a special gifts after the game launch officially. The price of all the mystery box is 10 usdt per one and you will at least get 1 R card. If you open the SR card then For Metas will buy back on the price of 1500 usdt
You can read the details here: https://medium.com/@4metas/formetas-tutorial-how-to-join-the-beta-version-of-gloryland-ca09bf253973
And for the official version of Gloryland, you can play the game even you do not pay it. You can free mint the M card and start the game.
But sure, it takes time and experience to play without paying and getting a higher level NFT.
It is fair for everyone who loves game.
Crypto Sphere:
5.Recently Metaverse are pumping hard…Do you Launch virtual land and metaverse module ?
https://twitter.com/Universewithbn/status/1613414537088348160?t=VFHRCIAo9-zH9CMJ9v1_VA&s=19
For Metas:
Yup, of course there are such plans. However, our first step is to focus on the Gloryland game itself. Because Gloryland is only our first game, For Metas will launch many different types of games every year, including land type and metaverse type.
The design of For Metas is a closed-loop ecosystem.Our team considers more than just a single aspect, such as a certain game or a certain kind of NFT. We consider more of a comprehensive layout. After all, this project will use all the resources our team has saved since entering the cryptocurrency industry since 2017. We are very serious and experience for this project.
SEGMENT 3
Crypto Sphere:
That was a great time. And Let’s Drop Our R Card NFT now. Only one can win this. For those who went through this AMA can easily grab it.
For Metas is ready with a question and 4 options.He will drop that here and I will open the group for 30 Sec. And the first correct answer will be rewarded. Let’s go!
For Metas:
Which way the users of For Metas can get $4MW?
A. Playing Gloryland Game + NFT Mining
B. Buying on Market + Playing Gloryland Game
C. Playing Gloryland Game + NFT Mining + Buying on Market
D. NFT Mining + Buying on Market
The correct answer is D
Crypto Sphere:
And let us wind up this section too
Our community will definitely experience your innovations in the future. Thank you!