Blockelite X NEXTYPE AMA Recap

Blockelite X NEXTYPE AMA Recap

Thank you to everyone who joined AMA Blockelite x NEXTYPE on 19th June at 02:00 PM UTC I 09:00 PM (UTC+7). Here is the recap for those who missed this AMA.

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Yuno – Blockelite Host: Hello fellow Eliters and welcome to another Blockelite AMA Series
So ladies and gents, Our special guest today is Ronn – COO of NEXTYPE

Ronn – COO of NEXTYPE: Hey, everyone!

Yuno – Blockelite Host: Hello Ronn, welcome to Blockelite

Ronn – COO of NEXTYPE: Glad to be here!

Yuno – Blockelite Host: How are you today?

Ronn – COO of NEXTYPE: Kind of busy, the whitelist reservation of MiningTycoon will start next week, so we got a lot of things to prepare. But I am really enjoying this, cause MiningTycoon is an excellent blockchain game, and I believe you guys will like it too.

Yuno – Blockelite Host: I hope so
On to the Segment 1 of our AMA, we hope you’re ready for the next few questions coming at you!

Ronn – COO of NEXTYPE: Ready to go!!!

Yuno – Blockelite Host: Our guest is ready, we will enter Segment 1 right now !!!
Q1: Can you briefly introduce yourself as well as NEXTYPE?

Ronn – COO of NEXTYPE: First, thanks for having me here to hold this AMA! Glad to be speaking with the Blockelite group.

I’m Ronn, COO of NEXTYPE. Before working at NEXTYPE, I have 10 years’ experience in a famous game company, in which I was in charge of the operation of more than ten games. Some of them are truly successful and the MAU is up to 1 million.
I chose to work at NEXTYPE because I find blockchain fascinating. Moreover, I believe DeFi and NFT is going to revolutionize the traditional game industry.
We define NEXTYPE as the cross-chain GAME+NFT+DeFi integrated application ecology, which will create more efficient and freer NFT swapping protocols for the blockchain world and provide users with high-quality blockchain game Dapps.

In fact, NEXTYPE not only needs to complete the underlying technical support and the self-research of blockchain games, but also provides an ecological platform for partners to participate in co-construction, co-governance, and co-sharing.
To realize this mission, we will launch 8-10 self-developed games with various themes and playing methods in this year, and link at least 10 cooperative games to construct NEXTYPE Games matrix.

These are some games we will launch this year.

We will also develop 2 protocols which could improve the dilemma of NFT transaction. And protocols will realize the multi form swap between NFT and NFT, NFT and FT, and storage、exchange and circulation of NFT among different chains. So, the partners developing their own games on different chains could join NEXTYPE conveniently.
NEXTYPE always welcome the blockchain game developers, KOLs, institutions, communities and others might be interested in blockchain games to join us and jointly promote the ecological development.

Yuno – Blockelite Host: Thank you, for your introduction, our pleasure to have you join us today
Next question
Q2: NEXTYPE will soon release brand new and interesting are MINING TYCOON and NFT Master. Could you give us more specifics about that products? How can users and gamers benefit from it?

Ronn – COO of NEXTYPE: Of course. MiningTycoon is aimed at developing an interesting game with the properties of games and blockchain, which is developed in the path of traditional games. For example, we use the LAYA engine to develop the client and build a complete system for players’ growth while adding DeFi in the economy system.
Business games are undoubtedly the mainstream of the current leisure game market. MiningTycoon uses virtual mining as core game method. In addition to NT reward, mining will also produce other buff props, such as Mining License, which is an essential prop to participate in the high-level BTC mining pool. Players can collect and stake the Mining License to get BTC every day. In the future, players can get NFT through staking mining.

Of course. MiningTycoon is aimed at developing an interesting game with the properties of games and blockchain, which is developed in the path of traditional games. For example, we use the LAYA engine to develop the client and build a complete system for players’ growth while adding DeFi in the economy system.
Business games are undoubtedly the mainstream of the current leisure game market. MiningTycoon uses virtual mining as core game method. In addition to NT reward, mining will also produce other buff props, such as Mining License, which is an essential prop to participate in the high-level BTC mining pool. Players can collect and stake the Mining License to get BTC every day. In the future, players can get NFT through staking mining.

Time-limited whitelist reservation of MiningTycoon is coming soon, players with qualification will get rewarded. Don’t MISS That!
Join our group or follow the twitter to get the latest info!

MiningTycoon also carries the mission of launching the second game of NEXTYPE, NFT Master. The NFT of artists will be broken into 1000 pieces, each piece corresponds to an NFT, which is randomly distributed in each mining pool. Players collect NFT through stake mining. When the collection of 1000 pieces is completed, the whole NFT painting will be completely lit, And NFT Master will also officially be launched.
NFT Master is a game specialized in creating and trading NFT. By cooperating with famous IPs, players can create their own NFT works and complete the transaction.

We hope you will like these two games! Done😊

Yuno – Blockelite Host: Please join: https://t.me/nextypegroup 🙂 Everything is coming
Thank you, next question
Q3: Can you explain something about NEXTYPE DAO and its mechanics? How can gamers, investors, and your project become a win-win?

Ronn – COO of NEXTYPE: There is another products about this, NT Gamebox.
NT GameBox a product we will present this year. Different from the wallets that serve DeFi, NT GameBox produced is not only a polymerized multi-chain wallet, but also a managing tool that is installed in every terminal equipment as a gate for blockchain game world. Through NT GameBox, each player can efficiently reach every blockchain games in NEXTYPE ecology, easily browse information of blockchain games and manage on-chain assets.

With this product, users could participate the goverance of NEXTYPE by token Voting, such as, choosing game you like or deciding which game to be launched.

Yuno – Blockelite Host: Sounds great 🙂
Continue with Q4
Q4: What is the biggest business scaling problem you believe NEXTYPE could face in the future and how will you try to solve it?

Ronn – COO of NEXTYPE: At present, our biggest challenge is how to get more people involved in our games and ecology. Because the number of players is the key factor to determine the success of a game

So, except for constructing global and local communities, we have launched Promotion Ambassadors Recruitment Program to recruit global KOL partners from self-medias, rating agencies, community KOLs, Vloggers, and NEXTYPE ecological enthusiasts. The ambassador, officially approved and qualified, will be able to participate in the global operation of NEXTYPE and share the dividend of platform development.
If there are some members who are interested, please join our grop and contact with the staffs.

Yuno – Blockelite Host: Everyone can join 🙂 it’s great
Last question in segment 1
Q5: What milestones have NEXTYPE achieved and what is the next roadmap for 2021?

Ronn – COO of NEXTYPE: So far, we did make some achievements.
1.Financing is to be completed, we will share the good news later
2.The smart contracts has been audited by CERTIK
3.We have been formally invited to join the BGA (Blockchain Game Alliance)
4.We have reached strategic cooperation with SeeSea Japan, a well-known Japanese company, and Quaras, a subsidiary of Fuji Media. And we have signed up with more than 1000 IP units

As for plans in 2021, we are going to work in two main aspects:
1.Products
As I said earlier, the initial game, MiningTycoon, will be launched this month and the whitelist reservation of game will be available next week. I hope you won’t miss that because players with qualification will have a chance to get $NT and other game props.
Except for MiningTycoon, we will also launch 8-10 self-developed games with various themes and playing methods in this year and cooperate with at least 10 games to create NEXTYPE games matrix and build a comprehensive ecosystem of blockchain games.
NT GameBox is another product we will present this year. Different from the wallets that serve DeFi, NT GameBox produced is not only a polymerized multi-chain wallet, but also a managing tool that is installed in every terminal equipment as a gate for blockchain game world. Through NT GameBox, each player can efficiently reach every blockchain games in NEXTYPE ecology, easily browse information of blockchain games and manage on-chain assets.
NT GameBox provides players with a platform to produce and release OGC content. Players can vote through NT tokens to participate in platform operations such as game launching, popular recommendations, and other operation activities. It will be an entrance for ordinary gamers to participate in co-construction of NEXTYPE ecology.

2.Marketing
We have made a good start in cooperation with the Japanese market. Next, we will continue to develop more market cooperation, such as KOLs, communities and other institutions that will help us.
And if everything is going well, we will plan to promote $NT to the Exchanges this year.

Yuno – Blockelite Host: This year is a busy year with the project 🙂 hope the project will be successful
We wrapped up nicely the first part
Are you ready for Segment 2 (5 best questions from twitter)?

Ronn – COO of NEXTYPE: Thanks, we aare confident about the success😊
Bring it on

Yuno – Blockelite Host: haha =))
Our guest is ready, we will start Segment 2 right now !!!
Q1: GND STUDIO is the technology development partner of the global ecosystem of the NEXTYPE foundation, where a group of pioneers in the gaming industry, geeks in the blockchain territory and precursors of fintech come together. So, could you tell us a little more about this?

Ronn – COO of NEXTYPE: GNDSTUDIO is the core technical team of NEXTYPE. The team has a lot of experience in game development, distribution and operation, financial technology, digital marketing, blockchain technology development.

1.The game R&D team members come from top game companies. The core members have at least 10 years of experience in the game industry. They are good at exploring opportunities and users’ pain points. In the traditional game fields, the team has created a cumulative total of more than 2 billion dollars. In 2016, the team started the layout of the blockchain games and successfully created and operated numbers of blockchain game projects, accumulating hundreds of thousands of users.
2.The Blockchain technical team members come from the United States, China, Japan, and Switzerland. The technical leader was graduated from the University of Southern California and obtained a master’s degree in computer science, who has 7 years of experience in blockchain and has completed the development of public chain technology independently.
3.The operating team has many years of experience in promotion of global market and community growth.

Yuno – Blockelite Host: Great team
Next question
Q2: I can see that there’s a MINING TYCOON coming soon on Nextype. This is kinda interesting, so as a mining tycoon, can you give us all what we want? If so, what are the opportunities and benefits given to all the miner owners while having fun here?

Ronn – COO of NEXTYPE: Yes, like I said before, MiningTycoon is a game with both gameplay and blockchain attributes. In addition to the yields from mining, we have also designed many interesting game mechanisms.

For example, Amazing BTC mining pool. Players with mining license will have a chance to get BTC every day. And the amount of BTC in the mining pool is determined by the USDT spent by the player to buy KEY the day before. BTW, you need to use KEY to exchange the Mining License. So, more players participate in, the more BTC you can mine. Believe me, it will be fascinating.
The whitelist reservation of MiningTycoon will be available next week, and players with qualification will get a chance to have NT and other game props. So Please Do not Miss That!

Yuno – Blockelite Host: yes, wait for it 🙂
Next question
Q3: Could you explain to me the burning process within the NEXTYPE Finance smart contract as it presents a very interesting function and How this process benefits the project’s ecosystem? Is it possible to do some type of burning of tokens manually?

Ronn – COO of NEXTYPE: Good question. We do have burning mechanism. We will buy back 15% of each week’s yields generated by the MiningTycoon and other cooperative games to burn. And the upper limit of burning is 20% of the NT total supply volume.
Besides, several scenarios were created for NT consumption, such as staking, Game purchasing and voting, so that the circulation of NT will decrease, and investment attractiveness will increase gradually.

Yuno – Blockelite Host: 🙂 Sounds great
Continue with Q4
Q4: As you know that not every user will understand English for the language. Does NEXTYPE have the program for those who don’t speak English? Such as placing ambassadors at several prospective countries?

Ronn – COO of NEXTYPE: Yes, we attach great importance to the global market.
we plan to build some local communities first, including North American, Europe, China, India, Vietnam, and other districts. We hope members with local resources can contact us and help us build communities.

Members in our communities will get the latest info about NEXTYPE and priority qualification to participate our activities. Btw, airdrop will be there also.
In the future, in addition to English version, our game will also adapt to other languages, so that players from different regions can reach the game easily.

Yuno – Blockelite Host: Got it , thank you very much
Q5: What will be the role of the NEXTYPE token? What are the benefits of investing in the long run?

Ronn – COO of NEXTYPE: Very good question. NT is the ecological token of NEXTYPE. The total supply is 1,000,000,000 and 70% of them will be used as mining rewards.

As you can see in this picture, NT plays a very important role in the ecosystem. And we created a variety of scenarios for NT consumption:

1) Stake: As previously mentioned, the players can gain extra yields from all kinds of games presented or supported by NEXTYPE through staking their NT.
2) Game Purchasing: Every game launched by NEXTYPE next will set NT recharge function. Players need to use NT to purchase NFT, props or other value assets in the game, to realize NT buybacks and increase NT value.
3) DAO Governance: Players could participate the NEXTYPE Governance by NT voting.
4) Burn: We will implement a burning mechanism, in the future, 15% of each week’s yields, generated by the MiningTycoon and other cooperative games, will be bought back NT from the secondary market to burn. And the upper limit of burning is 20% of the NT total supply volume.
With all these consumption scenarios, NT circulation will continue to decrease, while the price will continue to rise. So, it’s definitely a good opportunity to invest in NT at present.

Yuno – Blockelite Host: 70% for mining rewards 🙂

So miners can get good yields😁

Yuno – Blockelite Host: agree
Everyone can be miners
You are awesome, thanks for answer all 5 best questions from twitter of my community.
Last Segment for AMA today, The guests will select 5 best questions from the community.

Ronn – COO of NEXTYPE: And this world need miners👍

Blockelite Community:
What is PROJECT’s revenue model? In which ways do you generate revenue/profit?

Ronn – COO of NEXTYPE: Actually, miners can get yields when they start to play the game by staking mining. We have designed several staking mechanisms in MiningTycoon:
1.Players who just enter the game without NT need to stake USDT to mine NT. Once got NT, players could choose to stake NT or USDT+NT to gain higher yields.
2.For advanced players with Mining License, they can stake USDT+Mining License to get fascinating BTC rewards.
3.In future, players could stake their NT to mine other project’s tokens in cooperative mining pool or NFT.
And we will design more interesting staking mechanism with higher yields in other games to attract and hold users.

At the beginning of the game, the APY of single token staking will exceed 200%, and that of double token staking will exceed 240%

Blockelite Community:
Where can I buy your tokens right now what is your current contract and how can I buy them??” Will you have any other DeFI feature like staking, yield farm or NFT in the future?

Ronn – COO of NEXTYPE: The token pre-sale is not available for individual users. There are only 2 ways for you to get token right now, one is to participate the whitelist reservation of MiningTycoon which will start next week, another is to mine in the game by staking.
And indeed, we will present NFT trading platform within this year.

Blockelite Community:
Cooperation and partnership is one of the most important issues to help develop a project. Can you tell us about your existing partnerships, the partnership plans, and what people can gain from these partnerships?

Ronn – COO of NEXTYPE: We have reached strategic cooperation with SeeSea Japan, a well-known Japanese company, and Quaras, a subsidiary of Fuji Media. This is an important milestone for us to enter the Japanese IP market. Including some well-known anime IPs, we have signed up with more than 1000 IP units covering the mainstream IP from China, the US, Japan, and other countries. These cooperative IP will generate a variety of NFTs on chain in the form of various derivatives. And it will become a value bridge between games and other application scenarios.
Besides, we have been formally invited to join the BGA (Blockchain Game Alliance). So far, BGA has attracted more than 100 well-known institutions such as Ubisoft, AMD, and Aave, Opensea, Metamask, Matic. We will work with BGA and its members to promote the application and development of blockchain in the game’s fields.
Another news is that the CMO of NEXTYPE, Uncle David, who has over 20 million fans on the global video sharing app as TikTok , YouTube, Instagram, Twitter, Bilibili, Weibo, etc., said he will kick off the global pre-launch campaign for the debut game MiningTycoon in the near future, which means there will be millions of potential users for MiningTycoon!

Blockelite Community:
The main thing is SECURITY of FUNDS .
Why people should invest in your Project ? Do you have any Security Circle to share???

Ronn – COO of NEXTYPE: Our project is running on HECO for now, and in the future, it will be crossed chain to BSC and other public chains. So basic security will be guaranteed by those public chains.
And the smart contrats of NEXTYPE has been audited by CERTIK, which means the security of players’ property is guaranteed also.

Blockelite Community:
How do you intend to stop whales dumps on investors? Are there strategies put in place sudden raise in price, people would want to dump tokens?

Ronn – COO of NEXTYPE: There will be a lock-up period for the tokens of institutional investors. And we avoided single institution to hold a large number of tokens when financing. Through these two ways, we can effectively avoid the dumping behavior of giant whale.
The tokens aren mianly produced through the mining behavior of users, so that the tokens can be held by more players in a more decentralized way.
And various consumption scenarios based on NT will promote the stable rise of prices. That’ why the users will hold the tokens for a long term.

Yuno – Blockelite Host: Thank you for joining today AMA! It was awesome!
Our AMA session is now over !!!