Bear Games x Satoshi CLUB AMA Session 17 feb 2021

Bear Games x Satoshi CLUB AMA Session 17 feb 2021



PART 1. Introduction of Bear Games project and community questions.

Hello, Satoshi clubbers and guests of this site. We are happy to present you with an NFT gamified project. 
 Bear Games envisions itself to be the biggest DEFI, a Cryptocurrency gaming platform for online entertainment and launching multiple blockchain-based games.

The plan of AMA session:

  1. Part — Introduction and preselected questions.
  2. Part — Live questions
  3. The Quiz about Royal finance

The reward pool is 500$

Leading the AMA our clever and fun admins:

Mary | Satoshi Club — @madamlobster and Gold Rocket | Satoshi Club — @GoldRocket27

The Representative of the project:

PAW Captain — @PawCaptain — Junior Holmes, a Co-founder of the Bear Games Platform.

NFTs chef
. It’s not a sprint. It’s a marathon. Won’t try to scam you.

Capt Jude | Beargames.io — @CaptJude — Jude. The Co-founder of the Bear Games.

It’s not just a job, it’s an Adventure.

Introduction of Bear Games project.

 

Mary | satoshi club:

Hello, satoshi club! We are happy to announce our ama session with bear games! Welcome to satoshi club

Gold rocket | satoshi club:

Good evening, dear community!

We conclude our today’s exciting ama marathon series with bear games.

Gold rocket | satoshi club:

Hi there

Paw captain:

Hi guys, am nice to be here to answer your questions

Mary | satoshi club:

Hello! Happy to see you here!

Capt jude | beargames.io:

Thanks for the invite!

Gold rocket | satoshi club:

Hello,

nice to meet you

welcome to Satoshi club.

Mary | satoshi club:

Will we have a bear party today?

bear party on the bull market

Gold rocket | satoshi club:

Good comparison

Paw captain:

We bring in the biggest type of bull party called bears

Mary | satoshi club:

Sure

Let’s start then

Gold rocket | satoshi club:

@captjude @pawcaptain thanks for joining!

Mary | satoshi club:

First of all, please, introduce yourself and tell us how did you start with bear games

Paw captain:

Hi, my name is junior holmes, a co-founder of the bear games platform. Like my partner rightly said, we are in the process of seed funding a multi-chain startup gaming platform. My partner and i both have experience with crypto and gaming Dapps on the blockchain. Both of us worked for gaming Dapp platforms and running our initial Dapps platform during the gaming Dapp season on Tron (2018–2020) and raking reasonable volume. We want to leverage the growing hypes around NFTs while implementing a new “games and gains” model via DeFi gaming NFT Dapps.

Mary | satoshi club:

Interesting decision

Capt jude | beargames.io:

Hi, my name is Jude, and I’m the co-founder of the bear games, a gaming ecosystem. We’re developing some innovative DeFi+NFT gaming platforms.

Gold rocket | satoshi club:

Well this is very reasonable, use hype to promote

Mary | satoshi club:

Great! Tell us more about your platform

Paw captain:

Sure. Bear games envision itself to be the biggest DeFi and cryptocurrency gaming platform for online entertainment. Bear games will keep launching multiple blockchain-based games to innovate and disrupt itself while offering players several means of earning cryptocurrencies, termed “gains.”

Games and gains model features a sustainable play to earn principle that issues a share of revenue as dividend tokens to its VIP paw NFT (non-fungible tokens) holders rather than using play to mine model where players of the platform get saturated. The bear games team sees the promising future of non-fungible tokens, and they haven’t reached their full potential on the blockchain.

To make NFTs a truly important part of the DeFi gaming economy is to ensure that they can generate rewards in form of fungible tokens for their holders. With the help of metadata stored in the VIP paw NFT cards, the bear games gaming contract can keep track of the player’s cost of entry making sure the player can earn enough to recoup their cost of entry plus some additional ROI after which it cuts them off for the sake of sustainability.

Gold rocket | satoshi club:

Sounds good.

Paw captain:

Yes

Mary | satoshi club:

You find an interesting way of NFT usage!

Paw captain:

Sure, we are leveraging on a new NFT sector growing called DeFiNFTs.

Mary | satoshi club:

Can’t wait to see this all go live

Paw captain:

Sure, we are glad to be working this route changing the narratives for NFTs.

Gold rocket | satoshi club:

Thanks for the intro! Ready for community questions?

Paw captain:

Waiting on this will love to answer the community.

Preselected questions about the Bear Games DeFi project.

 

Mary | satoshi club:

Q1 from telegram user @romadel33

What inspired you to establish a bear as an icon? What does it mean or what is hidden behind this symbolism? What do you hope to convey?

Let’s start with

Capt jude | beargames.io:

The bear games idea wasn’t a game, it’s was just a narrative that was written by a navy captain.

My other captain can elaborate on this.

Paw captain:

Well, the name “bear” was inspired by nelson’s artic voyage — the royal navy’s first polar expedition.

Mary | satoshi club:

Wow

It was in 1773

Ok, guys, I see that we will have a long voyage with bears in this amazing market! I think you have everything for it to be successful!

Paw captain:

Yes, he had famous encounters with a polar bear. Anyways, for the most part, it was as a result of I and my partners crave for the royal navy, the bear as an animal, and lastly, our experiences with the navy. The bear symbolizes strength and courage. You know a gamer must be courageous and persistent in gaming.

Mary | satoshi club:

Oh, I see a deep sense

Gold rocket | satoshi club:

Do you want to add something or can we proceed to the next question?

Paw captain:

Fo sho.

Gold rocket | satoshi club:

Q2 from telegram user @pratze

Your gaming system is interesting but do player possible to get NFT inside the game? Or it’s only available from sale and trading NFT? Do your game possible to play by free player?

Paw captain:

Only from our initial NFT offering can you acquire the platform’s primary NFTs called the “VIP paw cards”.

After the sales, you can get it from open NFT marketplaces like Rarrible and OpenSea.

We will be partnering with DeFiNFTs platforms like NFTx and NFT20.io that allow the NFTs holders to fractionalize their VIP paw NFTs and convert them to tradeable erc20s.

Mary | satoshi club:

Did you already discuss with some platforms your future partnership?

Capt jude | beargames.io:

Sure, we have lots of influencers on board already. We are also conversing with coin telegraph and some other crypto websites to push our adoption.

Mary | satoshi club:

Great! Waiting for an announcement from you!

Capt jude | beargames.io:

Will the card be available for trading outside the ecosystem?

Answer- the VIP card can be sold by any player that’s not interested in the game.

Do you have a game possible to play in free mode without NFT?

Answer — no.

Paw captain:

We will open the beta test version of the bear games first gaming Dapp on testnet post into sales. No final eta on a date yet.

Mary | satoshi club:

So, if I won’t have NFTs your platform won’t be available for me?

Paw captain:

There are some games exclusive to the VIP paw cardholders and bear games’ first gaming Dapp (bear navy vs. Pitate Dapp) is included.

You can check out platform primary tokens infographics below;

Bear game rules2 - Postimages
Edit descriptioni.postimg.cc

Mary | satoshi club:

Got it,

Mary | satoshi club:

Thanks for your answers, guys! Ready to proceed?

Paw captain:

Fo sho!

Gold rocket | satoshi club:

Q3 from telegram user @lzamg

You mention that one of the goals of bear games is the implementation of cross-chain, because of the high fees and overloaded Ethereum chain. So can you tell us how you plan to integrate bear games to Binance smart chain and Polkadot? When will this integration start?

Capt Jude | Beargames.io:

Bear initial offering - Postimages
Edit descriptioni.postimg.cc

Mary | satoshi club:

Nice incentives

Paw captain:

Bear games platform will run on the Ethereum network. The compulsory requirement for cross-chain integration is to deploy the same product on otherEthereum based blockchains, Binance smart chain in bear games’ case.

Binance smart chain (BSC) integration will happen after the initial NFT sales on Ethereum. We built our first Dapps for both Ethereum and BSC chain.

Mary | satoshi club:

Did you already test your Dapp?

Paw captain:

Dapp not launched after development it will go through external audits with external auditors. But the team runs economic and profitability tests on our Dapp ideas using machinations.io the game simulation environment.

I can tell you that for our first Dapp, simulation, our conclusion was the chest on the VIP paw cards will close very rapidly and those who try to cheat the system will indirectly and subconsciously fund the open chest.

Mary | satoshi club:

Gotcha

wish you successful testing and audit passing

Capt jude | beargames.io:

I will encourage you to go through our blog as regards our multi-chain realities

https://beargames.medium.com/bear-games-cross-chain-polkadot-and-binance-smart-chain-3a8ee66e7525

Mary | satoshi club:

Oh, great! Thanks for sharing! Sure it will explain a lot for our users

Ready for the next question?

Gold rocket | satoshi club:

Q4 from telegram user @gutike95

I understand that bear is listed on Uniswap, but will it only be available on DEX? Or do you plan to list it on CEX soon?

Paw captain:

It will be listed automatically on Uniswap by the Unicrypt contract, the sales will be done on Unicrypt.

For centralized exchange listing, of course, will be writing to them post initial NFT offering presale.

Mary | satoshi club:

Btw, what about your contracts audit?

Capt jude | beargames.io:

Yeah, our contract is audited and the report can be found in this doc https://bit.ly/3td59ym

Gold rocket | satoshi club:

Safety first

Everything is clear to me. Thanks for the answer! Ready to jump to the next question?

Paw captain:

Yes.

Gold rocket | satoshi club:

Q5 from telegram user @auguss7

Gaming platforms always develop games with esports, will bear games have games with them and any other kind? Or will they all be totally innovative that we still don’t know about it?

Paw captain:

Esports, a sector we will like to explore in the future. Competitive video gaming is a sector we are of course exploring and will announce as we innovate in that dimension.

Mary | satoshi club:

So, your first games will be innovative?

Paw captain:

Fo sho, the first gaming is a gamified certificate of deposits, using the VIP paw card to store player’s rewards as gold tokens and therefore the NFT can be considered a DeFiNFT. The game interacts with an AMM, Uniswap for eth, depending on the chain.

Mary | satoshi club:

Awesome!

Paw captain:

I don’t think there is anyone or project gamifying the concept of storing erc20s in NFTs.

Mary | satoshi club:

I haven’t heard about this before

So, guys, are you ready for the 6th and last question from this part?

Paw captain:

Yes.

Gold rocket | satoshi club:

Q6 from telegram user @highpee

$bear token is an erc20 token, not mintable, and has a fixed supply of 1,000,000 $bear but this is different from your second game token, $gold, which is also an ERC-20 token but is mintable and have an unlimited supply. What is the rationale for using these two opposite approaches for the tokens of the same project? How are these tokens different in terms of their usability and application within the bear games project? Also, I read that the gold token has a precision of 10 and that if I own 1 gold token, I am holding 10¹⁰, the smallest unit of the gold token. What does this mean?

Paw captain:

There are 2 main platform tokens and the gold tokens are primary to the first gaming Dapp “bear navy vs. Pirates”. It is the reward token of that game. The game pays out 125% ROI to those who mint gold chest on their VIP paw NFT cards.

Mary | satoshi club:

This will be the only usage for gold tokens?

Paw captain:

️:

Gold will be pretty Expensive if you understand the game.

Mary | satoshi club:

If it will get enough users, right?

Paw captain:

️:

The use case is the game itself. Paw operatives’ savages gold tokens from the pirates already for paw veterans.

Mary | satoshi club:

Oh, sure

got it! Thank you for your answers guys! Are you ready to start with the live part?

Paw captain:

️:

It will have enough users, the task we will have is to school peeps, the team has a strategy to achieve this, we are not new to gaming Dapps on eth, Tron and BSC chain

Gold rocket | satoshi club:

Thanks, guys!

Capt jude | beargames.io:

The bear is a governance token used to make changes and updates to the bear games platform. The governance system is a token permission governance system powered by collab.land on telegram.

Paw captain️:

The bear token is a governance token.

Bear game rules2 - Postimages
Edit descriptioni.postimg.cc

Mary | satoshi club:

Great visualization

Gold rocket | satoshi club:

Well! Captains! Are you ready for a storm of questions? @pawcaptain @captjude

Mary | satoshi club:

You will have 120 seconds coffee break and then you will need to choose 10 questions and answer them

Paw captain:

Great, nice up to the task.

We will discuss, the gold token post-sales; it won’t be sold or premined for the team. Gold can only be acquired by playing bear navy vs. Pirate Dapp or through an AMM.

Mary | satoshi club:

Oh, in simple words users can earn it, right?

Paw captain:

Yup

Mary | satoshi club:

So simple! Gotcha

so, we will go to the live level now! Let’s go

PART 2.Questions about the Bear Games project from the live chat of the telegram community.

 

In this part, we open a chat for the crypto community for 120 seconds. Then the guests from the Bear Games crypto project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.

Q — 1 from a telegram user @highpee

Hello Bear Games

Your first Game is BEAR NAVY Vs Pirate (BVP) and to enter this game, players must own at least one VIP PAW NFT CARD. But only 1000 VIP PAW NFT CARDS will be made available during the Initial NFT Offering at the rate of 1 CARD to 0.5 Ethereum. What do I stand to benefit if I use 0.5 Eth (almost $900 + gas expenses) to buy an NFT card to play a game?

PAW Captain

:

Answers: Group unmuted. Hi, you will get two tokens. The initial NFT offering is a dual tokensale, hence a 2-way gain possibility.

You will get an ERC20 token and an ERC721 token. Technically you are not buying only the NFTs.

The VIP PAW NFT Card entitles you to 10% of all revenue from all Bear Games’ gaming Dapps.

Plus, a tip, partnerships with nftx.org and nft20 platforms to fractionalize platform NFTS will present an exit strategy.

The first gaming Dapp will be profitable. That is what will force the demand.

Q — 2 from a telegram user @Miles_vitalik

Can you tell us how you plan to prevent your user from the current high gas issue in Ethereum and how fast are you moving to another blockchain? Thx.

Capt Jude | Beargames.io:

As regards this, our game will be available on Ethereum and Binance Smart Chain upon launch, with this option, players can participate in the game on BSC if they can’t afford the gas fees on Eth chain.

Plus we issuing a 10% bonus on bear tokens as a gas bonus to mint NFTS.

Bear initial offering - Postimages
Edit descriptioni.postimg.cc
Bear game rules2 - Postimages
Edit descriptioni.postimg.cc
Bear tokenomiks - Postimages
Edit descriptioni.postimg.cc

Q — 3 from a telegram user @K2ice

I just want to ask when there will be an airdrop for the $BEAR token. Am really interested in getting the token. Thanks?

PAW Captain

:

No future airdrop planned.

Q — 4 from a telegram user @leixagarcia

Apart from Bear Navy vs Pirate what other games do you plan to develop? Will they all be bear-related? Any others for this year?

PAW Captain

:

Social media-based games to be precise to fast track adoption. We considering, MMO strategy games e.t.c.

Q — 5 from a telegram user @Zeus_buterin

How will you keep the token price-stable with your current token supply?

Capt Jude | Beargames.io:

The price of our assets will be determined by the current Supply and Demand.

Q — 6 from a telegram user @vedamatrix

For the projects also the high liquidity also required in order to get more investments into the project. How can you solve the liquidity problem?

PAW Captain

:

Bear token Liquidity providers will be able to farm more Bear after the sales. It’s a strategy to generate liquidity for the Bear token.

Q — 7 from a telegram user @cryptoflower13

What is the Injury Insurance Pool, what is its function, why does it receive 1/4 of ETH that is paid into the game?

PAW Captain

:

The Injury Pool on the VIP PAW NFT Cards there is an incentive for players (paw veterans) to enter the game even if the GOLD savaging were to become slow. It is a lottery and 1/4 of the ETH entering the contract in each 2 field bays is distributed to two winners, yes that shit load of money!

Q -8 from a telegram user @Directoroptix

Thanks for this opportunity is the BEAR platform going to run with a kind of threshold on buying and selling of NFT’s?

Capt Jude | Beargames.io:

There are only 1,000 VIP PAW cards in circulation and no more NFT will be minted on Ethereum. We will surely mint them NFT’s on BSC when the need arises.

Q — 9 from a telegram user @tuvalunia

Will the GOLD token have any connection with real gold? Why did you select that name?

Capt Jude | Beargames.io:

No real connection just the game storyline

Q — 10 from a telegram user @Kpopcy

How will you ensure the platform doesn’t end up being a “Whales Only” platform?

Capt Jude | Beargames.io:

By launching on the Binance Smart chain we are ensuring that in the long run, the Bear Games platform doesn’t end up being a “Whales” only platform.

Part 3 — Quiz about project

 

In the final part, we tested the knowledge in terms of the Bear Games project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.

Our contacts for more details:

English Telegram group | Russian Telegram group | Spanish Telegram group | Telegram Channel | Twitter | Website

Our Crypto Partner by this AMA: Bear Games

Telegram group | Telegram Chanel | Tweeter | Website | Medium | You Tube


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