AMA

AMA RECAP: GALAXY FIGHT CLUB x TAG VENTURES (English)

We will start our AMA with segment 1: Warm up On the JANUARY 5th 2022, TAG community has a Telegram AMA with Galaxy Fight Club

At the AMAMr. SmilingLion – Community Manager of Galaxy Fight Club, introduced and shared many interesting information about Galaxy Fight Club.

Great, the AMA will be happening as follows:

Part 1: Warm up.
Part2: Answer the selected questions from Twitter. (5 questions)
Part3: Live Q&A (5 questions)

We will start our AMA with segment 1: Warm up

Tag: Hello everybody, welcome all of you to join today excited AMA session with TAG Ventures & Galaxy Fight Club

Please welcome our special guest today: Mr. SmilingLion – Community Manager of Galaxy Fight Club

Hello @SmilingLion, how’re you doing?

Galaxy Fight Club: Hello! so happy to be here and meet you.

Tag: First, could you please introduce your team and Galaxy Fight Club?

Galaxy Fight Club:  Sure! Hello Everyone, I am Smiling Lion. I assist in project management and am the Community Manager for Galaxy Fight Club. I have been working/investing in crypto since 2016. Ado, who couldn’t make it today is our project manager. Ado comes from a strategy consulting background across different industries including financial services and tech and has been working for a large gaming business more recently. Ado understands and has deep connections in the gaming industry. Our team consists of mostly of Game developers and Solidity developers hand picked by us who have proven success in this industry.

Tag: What are the competitive advantages of GFC compared to other projects?

Galaxy Fight Club: I am sorry for such a long reply. I am just so passionate about the project and want to share it fully. I think that one of our biggest competitive advantages is the fact we are the first ever Cross-IP NFT games to hit the market. We are a cross-IP, cross-platform (PC+ Mobile) PvP fighting game where holders of different NFT collections can battle with each other to both win and earn rewards through our play-to-earn mechanics. Our game allows for anyone to play whether they are free to play or want a leg up in the competition. It is easily accessible since it allows for mobile users to play for free, using their favorite NFT collections

For Galaxy Fight Club, I think there are 2 very distinct differences that give us a massive advantage over the competition that is undeniable. First, we are cross intellectual property. Meaning, We integrate other collections through partnerships into our game. Using Web 3 digital signature our game connects to your wallet and sees what NFTs you have. This allows users to play with their Bored ape yacht club, Kong, Animeta, Or Illuvium Collections. This will help us become the Hub for NFT gaming. Secondly, Every single asset the user plays with in game from the character to the weapon or armor is an NFT that can be won in game. Meaning, Every aspect of our game is transferable and can be sold, traded, forged, trained, and used on the blockchain.
Tag: How does GFC plan to continue to generate value to free to play users and sustain an in game economy?

Galaxy Fight Club: Our goal is to include as many collections as we can so we needed to be able to onboard everyone and anyone. To do this, it required beneficial tokenomics and play to earn assets that can be deflationary and monitored to support a sustainable market. Other competitors in the Play to earn NFT gaming space do not have a cap to their tokens. If a competitor does have a cap on their tokens they are limited on their user base. Through our economists help, we were able to manage both by creating different features to each assets role and use forging and training to build out as we onboard. The possibilities are truly limitless.

Tag: Along with this answer, segment 1 of the AMA has been closed.

I think people have had a better overview of the project.

Now we will turn to segment 2: Answer the closed question from Twitter

First of all, I would like to thank you to TAG’s members who have sent many questions about GFC to us.

Tag: Here is the first question (@Lylemlinh): With the rise of axie, the”play to earn”game market is getting everyone’s attention. Players care about how much money they can make from the game. So what in the game  GALAXY FIGHT CLUB farm will attract a large number of players to participate?

Galaxy Fight Club: Hi, Lylemlinh Great question! What is unique and rewarding in our economy is that players earn different levels of keys. These keys open lootboxes with random in game items used to compete in large tournaments where players earn up to 2eth a week in. This is a very unique function that sets us apart. The majority of earning are loot boxes. These loot boxes contain other weapons, armor, or NFTs that fit into the play loop. Depending on your assets, you may be eligible to have higher earnings. So, you could play the game as a free to play player and sell your keys or nfts immediately, but in theory It makes more sense to continue to build these assets out, forge or train,  and increase your earning potential by not selling.

Tag: The second question from @LngNguynB1: Can you tell us about the GFC native token and which blockchain network it integrates with? Does GFC have a multichain structure, will it work with multiple blockchain networks as GFC develops?

Galaxy Fight Club: Hi LngNguynB1, The GFC utility token is $Gcoin. $Gcoin is our utility token. It is used to Forge weapons to create new ones, Train Gen 2 fighters, Unlock loot boxes, access to exclusive collabs items and skins, and in game emojis and cosmetics. It is the token of our universe on Bruna 8 and will be used in virtually all transaction in game. There will be 150 million tokens total that will be vested over 3 years. Additionally this is a deflationary token so the tokens will decrease in number as they are used in game. One thing we pride ourselves on also is that 40% of all tokens are yielded by the owners of the genesis collections. We have worked with several game economists to build out a sustainable ecosystem that maximizes users benefits.

$Gcoin is built on Polygon to ensure low transaction fees so that our users can maximize their experience without paying high gas fees. $Gcoin will continue to grow and evolve into its own chain or others such as Eth2 if the opportunity presents itself in an Equitable way.

Tag: AUDIT plays an IMPORTANT role in enhancing the stability of any PROJECT. Do you have AUDIT CERTIFICATES? Or are you working to AUDIT your project to make it more secure and reliable? (@Bobongru3)

Galaxy Fight Club: Hi, Bobongru3! excellent question. We are a transparent team. Yes we have 2 Audits for $Gcoin to ensure we can be listed on as many centralized exchanges and decentralized exchanges as possible. Additionally we have oversubscribed on Polkastarter with 2million USD for our IDO. Polkastarter required their own Audit aswell. The coin is launching on the 6th of January and have fully prepared these audit certificates

Tag: The next Question is from @thanhhien2120: GALAXY FIGHT CLUB is an P2E blockchain game. Most P2E games only focus on profits, as this is one of the major attractions of blockchain games. Question is does GALAXY FIGHT CLUB focus more on the player experience in and out of the games to create a balance for playing and earning?

Galaxy Fight Club: This is one we have thought about often! great question. We understand that NFTs in gaming will undoubtedly be the future of the industry. We have worked tirelessly with hired in game economists to ensure we can scale with growth and create a game where users can earn. On the other side of the same coin, we all grew up playing and loving video games. We have countless hours on PVP shooters or MMORPGS and understand that the backbone of Play to Earn gaming is a fun to play and competitive game. The game mechanics and its playability are very important to us as gamers. We want to make the game fun to play and earn!

Tag: okay, so the last question is from @PhcTrng45522497: How do you keep your platform safe for Investors, and is your platform protected from hackers? And how do you manage if there’s an attack on your platform, including the personal data of your platform’s users? Is your platform ready for this?

Galaxy Fight Club: Great question! We have a full time group of blockchain developers. Website developers, and Game developers. We have taken this into consideration many times. We found a great way to protect the users assets from hackers. What we have done is take the game an make it Off-chain. Meaning your wallet information is not stored on the game. We have taken extensive measures for protection, So if a hacker does get access to your account, all they can do it play the game earn you rewards and level up your characters.

 As such a transparent team, if any instance of missing assets ever did occur the team with acknowledge our fault and work to make the user whole again.

Tag: Yeah. I think that all information you’ve shared with us is so helpful

We have just finished segment 2 of today’s AMA session, thanks you for the great news!

Now, we turn to the last segment: Live questions

I will open chat box for several minutes, so all members here can share questions.

Please choose 5 questions that you like the most

Tag: What is your strongest advantage that you think will make your team leading the market?

Galaxy Fight Club: The single strongest advantage that sets us apart is our inclusivity and partnerships with leading NFTs in the space. Some of our partnered projects have nfts valued over 500K USD. People from all collection are excited to battle one another in our arenas. We are the first to do this and can not wait to bring everyone together.

Tag: Writes: Staking programme is very important for any project,?? Can i stake your token,? Do you have any plan of starting staking programme,??

Galaxy Fight Club: Currently Genesis holders earn 5-15 $gcoin a day. This is our initial yielding mechanism designed to give value to our early supporters. In Q2 of 2022 we will have a full stake program designed to benefit token holders also

Tag: How exactly do you think you can raise the awareness of the people into your project? Do you have local communities for this purpose?

Galaxy Fight Club:  Currently our Twitter and Discord have over 100k total Followers. We have full marketing teams and have allocated funds to spread awareness of our campaign. We have been featured on major youtube pages and our partnerships create genuine interest

Tag: Where I can get the latest updates or more information about the project?

Galaxy Fight Club: –TG Group-Chat

https://t.me/galaxyfightclub_nftofficial

– Discord

https://discord.gg/2FDMVBV3U6

– Twitter

We hope you join us in this experience. We have dedicated our careers into this game. We would love for every one of you to try it and join this earning experience
Tag: When will your tokens be listed on the exchange and which exchanges do you plan to list on in the future?

Galaxy Fight Club: Our token will be distributed and after IDO and listed on exchanged January 6th. (tomorrow) This has been long awaited and we are proud of what we have created! We will be announcing all of our listings on our discord, twitter, and telegram today.

Tag: Thank you for your time and the very insightful answers.

Once again, on behalf of TAG Ventures and the members, we would like to thank you for being here today!

Galaxy Fight Club: Thank you all for tuning it! its been an honor to speak to you all tonight!

Tag: Wishing Galaxy Fight Club strong development and hoping that TAG Ventures will be a reliable partner of Galaxy Fight Club in Vietnamese market.

Thank you everyone for joining.

We’ll open up the chat shortly.f

Galaxy Fight Club:  We look forward to the partnership!