Playcent x Satoshi Club AMA Recap from 10th of February

Playcent x Satoshi Club AMA Recap from 10th of February


Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Playcent and our guest was Sandeep, Co-Founder and CEO at Playcent. The AMA took place on 10 February.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Mary | Satoshi Club:
Hello Satoshi Club! We are happy to announce our AMA session with Playcent! Welcome to Satoshi Club

D. | Satoshi Club:
Hello everyone!

Our guest today — @sandeepio ! Hello and welcome!

Sandeep | Playcent:
Hey Mary.

Mary | Satoshi Club:
Welcome here @sandeepio

Sandeep | Playcent:
Hi @Cool_as_Ice, excited for today’s AMA.

Mary | Satoshi Club:
Happy to see you in Satoshi Club

How was your day?

Sandeep | Playcent:
Great. How are you guys doing?

D. | Satoshi Club:
Awesome

So let’s begin our AMA?

Mary | Satoshi Club:
Great!

Could you please introduce yourself and tell us how did you start with Playcent?

Sandeep | Playcent:
Hi Satoshi Club community, I am Sandeep, co-founder and CEO at Playcent, thanks for having me.

I have worked with kratos partners ( early stage investment firm ) since early 2017 and has a vast network of Blockchain industry and gaming connections.

Creating software has evolved ever since the internet, yet there is not so much of familiarity with the same. It takes expertise for creating such software and the drive to take it from very scratch to production is quite a bit of a task.

That’s when we have though of creating a base for creating software on which users can build upon. That’s how the idea for playcent has began.

Mary | Satoshi Club:
It’s really will be awesome for mass adoption!

How long were you working on Playcent?

D. | Satoshi Club:
and what is a Playcent?

Sandeep | Playcent:
Yes. Playcent’s mission is to onboard millions of mainstream users to crypto by providing a bridge between current crypto ecosystems and the explosive gaming industry.

I started Playcent with my Co-Founder Jay in late 2019 when we found an opportunity for a No code platform to democratize software development.

Playcent is a template based content creation platform tooling around interactive content, games, dapps, social tokens and NFTs etc built on blockchain.

Mary | Satoshi Club:

Sandeep | Playcent:
We focus on democratizing software development by allowing people to easily create/enhance interactive apps, games and other user generated content within a couple of minutes.

We do this by offering, plethora of templates created by independent developers, providing it as a base for those who would want to build on top of the platform. We also provide a visual interface for those who aren’t familiar with creating software, to fork the existing software, and customize using visual controls to their needs and publish it.

So far we have built a collection of templates. These are mostly simple and fun games- like flappy bird and mario run. Beyond games, Playcent has also built mini-apps, wherein users can remix and create interactive messages, dapps, quizzes, and more.

Mary | Satoshi Club:
Nice features

I saw a lot of questions from our users about them, btw

are you ready to start with the questions from our community?

And thank you for this great introduction!

Sandeep | Playcent:
Sure, would love to get started.

D. | Satoshi Club:
Let’s start!

Q1 from Telegram user @stevefix56
Playcent allows non-techies to easily create interactive apps, games and other user generated content in minutes. Can these apps compete with present apps standard available in today’s world. Will non-techies be able to deal with necessary periodic app updates? How can I access these apps and games.

Sandeep | Playcent:
Playcent templates are ‘full stack web apps’ that can be created in minutes and shared everywhere on the internet. These templates will be created by independent developers and vetted by the playcent team.

Our beta is live at: https://playcent.com/apps.

Some of the playcent apps already replicate functionality of native apps like Linktree etc.

Mary | Satoshi Club:
How many apps do you already have on your beta?

Sandeep | Playcent:
Periodic updates on the base template would be provided over the span enhancing feature capabilities, however any apps that have already been built on top of existing base templates would get no updates. But, it might change in the upcoming months.

Currently 20+ templates are live.

Mary | Satoshi Club:
How’s your beta going? Which feedback you got from users?

D. | Satoshi Club:
Nice start !

Sandeep | Playcent:
We have launched few custom games for FTX, alex influencer and a few brands. The engagement rate for these apps were higher than normal social media posts.

Mary | Satoshi Club:
Happy to hear this!

Congratulations

Are you ready for the next question?

Sandeep | Playcent:
Sure

D. | Satoshi Club:
Q2 from Telegram user @NataliyaKil
Is there some kind of control to ensure that when the user creates content, copyright is not violated? How is this tracked or verified?

Sandeep | Playcent:
All templates that are on playcent comes under open source licence, however assets used within the templates might be private and be accessible for those who pay for it.

Mary | Satoshi Club:
Good! So, it’s impossible to violate the copyright?

Sandeep | Playcent:
Since each template comes under open source license, imposing minimal restrictions on the use of template.

Mary | Satoshi Club:
Ok, that’s great!

Ready for the next question?

Sandeep | Playcent:
Yes.

D. | Satoshi Club:
Q3 from Telegram user @Mora110
Playcent will enable $FRONT as currency in our gaming and dapp platform. The collaboration will initially focus on making $FRONT spendable inside of the playcent platform, enabling users to pay for assets, subscriptions & in-app purchases.but if I just wanted to develop a dApps on a chain other than, could Playcent help me create it?

Sandeep | Playcent:
Playcent by no means is a service based entity, If at all such a template exists non-techies could launch their own dapps using no code.

We plan to add such dapp templates in the coming months ( social token minter, etc.).

D. | Satoshi Club:
Btw $FRONT is your token? could you tell us about its functions?

Mary | Satoshi Club:
What about $FRONT usage outside platform?

Sandeep | Playcent:
$FRONT is not our token, for more details about $FRONT you can checkout
https://frontier.xyz/.

$PCNT is the native currency of Playcent.

It’s a governance token in the Playcent ecosystem which lives on both Matic and Ethereum chains. It will be used as a base ecosystem payment currency, to stake in the system, and as a governance token when the governance module is launched. PCNT holders will be able to claim rewards if they stake their tokens, participate in key governance votes, playing games and through user-generated content initiatives.

Mary | Satoshi Club:
You have partnership with Frontier, right?

Sandeep | Playcent:
The collaboration with Frontier was to support their token on the playcent platform as a payment currency for In app purchases.

Yes.

https://playcent.medium.com/playcent-partners-with-frontier-leading-chain-agnostic-defi-aggregation-layer-to-bring-adoption-to-fb43959f7aec.

More details on it.

Mary | Satoshi Club:
Got it! Also, could you please tell us how $PCNT will be distributed?

Thanks for sharing!

Sandeep | Playcent:
Through PCNT, Playcent will gradually evolve into a community-owned Decentralized Organization. This process occurs as PCNT is distributed among users.

Initially, we will be distrubting the tokens through IDO, and then through staking, play mining rewards ( rewards for creating, browsing dapps, NFTs and games on the playcent platform).

Mary | Satoshi Club:
That’s clear

Ready to jump to the next question?

Sandeep | Playcent:
Yes, sure.

D. | Satoshi Club:
Q4 from Telegram user @borysfireball
I know one market rule: follow the trend. And one of the hypiest thing on the market are NFTs. As i see on your site you will help your users to create NFT content easy and fast. That’s awesome, but tell us more about this process. Is this already available? What we will need for this? How much will be the payment for your services?

Sandeep | Playcent:
Non techies will be able to mint their own NFTs using the NFT marketplace which we create. We will be collaborating with Arkane network to build a playcent template using which NFTs can be minted.

It will be free of cost to mint an NFT as it will be on matic chain, however we will be charging a small transaction fee when NFTs are being traded.

We aim to roll out this at the end of march.

Mary | Satoshi Club:
And then they will be able to trade them on NFT Marketplace, right?

D. | Satoshi Club:
What sorts of NFTs your users will be able to mint? do you have examples?

Sandeep | Playcent:
Yes, correct. users will be able to trade with no gas fee, as we will integrate gasless transactions.

We will start with premium asset NFT template, where users can mint exclusive images and trade them in the marketplace.

Mary | Satoshi Club:
Where you will get income if everything is almost free?

D. | Satoshi Club:
Got it

Sandeep | Playcent:
Only gas fee will be free, as PCNT and marketplace runs on matic chain.
Playcent charges 3–10% transaction fees on all the payments on Playcent platform.

Mary | Satoshi Club:
Oh, I see!

Ready to go to the next question?

Sandeep | Playcent:
Yes.

D. | Satoshi Club:
Q5 from Telegram user @meml97
You have planned for Q3 2021 “E-Sports platform beta”, could you tell us more about this? What games do you have in mind to have in there? Will be a E-sport platform only for the games created on Playcent or will you add something more popular like LoL, or CS? Speaking of this beta release, what do I need to do if I want to join you on that beta testing, is that possible?

Sandeep | Playcent:
We will support hyper casual mobile games, which will be exclusively developed by playcent team or our partner network. beta invites will be sent out to token holders first when there is a release.

Mary | Satoshi Club:
How much tokens should holders have to recieve invitation?

Sandeep | Playcent:
It’s not decided, as the token is not yet live. we will have a community voting for this.

D. | Satoshi Club:
Do you plan any partnerships with some game studios?

Mary | Satoshi Club:
Sure, community is a king

Sandeep | Playcent:
Yes, we are in talks with few mobile gaming companies to develop hypercasual competitive games.

D. | Satoshi Club:
Cool! then we will be waiting for news from you about these future partnerships

Thank you for answers! and not the last question from this part!

Q6 from Telegram user @Antoni_azx
Playcent aims to get integrated with social network. Will this integration be part of your advertisement feature? What is exactly it’s purpose?

Sandeep | Playcent:
Over 50% of the time is spent inside of social media and messaging apps. In these social feeds users consume all types of content like text, image, video, GIFs and links. Each of the social media implements a webview ( a browser built in natively to support links ). Playcent takes advantage of the webviews.

Playcent apps and games are just web URLs. so these can be supported natively and users dosen’t need to leave social platforms to interact with playcent.

Mary | Satoshi Club:
Super easy! So, it won’t be separated social network

Or I am wrong?

Sandeep | Playcent:
Yes, playcent will be like a meta layer on other social networks.

Mary | Satoshi Club:
Amazing! Can’t wait when this all will go live!

And what do you think about live part?

Ready for rain, storm, tsunami?

Sandeep | Playcent:
bring it on

Mary | Satoshi Club:
Let’s go

Part 2 — live questions from the Telegram community

Q1 from Telegram user @ Cengizhan Tekin

You have 3 main roles on Playcent Network: Developers, Creators and Consumers. I understand Consumer, but what is the difference between a Developer and a Creator?

Sandeep | Playcent:
Developers are the core to the playcent network, they create templates from scratch using which creators launch production ready apps, games using no code visual interfaces.

Q2 from Telegram user @ Johnny

Hello Jan

I like

the simplicity you are bringing to app development. It is going to come in handy for the not too tech-savvy. However, since users will be using playcent development template to develop their apps, do placent claim ownership of these apps or are users the exclusive owners of the apps they developed using the placent template?

Sandeep | Playcent:
Ownership will remain with the users.

Q3 from Telegram user @

Crypto Flower

How much do the dApps templates cost, what does the price of each one depend on?

Sandeep | Playcent:
Most of the templates be free to remix and customize, however the creators can launch premium templates depending on complexity and customization features.

Q4 from Telegram user @ Pakna

What kinds of NFT can be exchange on your market? What are the difference/advantages of your marketplace over others like opensea?

Sandeep | Playcent:
The NFTs purchased through playcent marketplace can be incorporated in any of the playcent templates which you use. Initially we support premium images, art as NFTs.

We have integrated gasless transactions and there will be no gas fee to trade NFTs.

Q5 from Telegram user @ Vinay Rakshith Mathangi

How does PCNT work in the eco system and how to earn nft’s?

Sandeep | Playcent:
Through PCNT, Playcent will gradually evolve into a community-owned DAO.

Utilities
1: Governance, where token holders decide on things like emissions, distribution, upvotes etc
2: In-app currency for all the dapps & games
3: Early access of games for token holders and other premium services
4: Subscriptions, asset marketplace transactions will be charged in PCNT token
5: Rewards are distributed to creators, developers and consumers in PCNT tokens

NFTs can be purchased in the playcent marketplace, there will also be airdrops for token holders who stake in the platform.

Q6 from Telegram user @ Nastya

Playcent just integrated Frontier as a payment gateway in its ecosystem which is a great start, are you planning to integrate more payment options soon?

Sandeep | Playcent:
Yes, we plan to integrate more such tokens. With such collaborations, we plan to onboard their community as early adaptors. Few more collaborations will be announced next week.

Q7 from Telegram user @ nainaa

What are your main milestones over the next 6–12 months?

Sandeep | Playcent:
1: To launch a blockchain infrastructure for social money creators
2: NFT marketplace to mint and trade NFTs
3: Esports SDK and PlaycentX beta

Q8 from Telegram user @ SHOHAN [unlucky boy]

What kind of technology are you using for the NFTSs, 1155 or 721?@sandeepio

Sandeep | Playcent:
NFTs will be on erc 1155 standard.

Q9 from Telegram user @ Emmie971

Community governance is currently a hot topic after TWT used it. What thoughts and plans do you have for it?

Sandeep | Playcent:
We want build a truly community governed DAO. This process occurs as PCNT is distributed among users. we will start with smaller issues and in the long run move to core protocol votings.

Q10 from Telegram user @ Super-Girl Says

Once I create my super app by which means can I share it and make it popular?

Sandeep | Playcent:
Playcent apps and games are just web URLs, so you can share it on any existing social media platform like Facebook, twitter, telegram and drive the popularity.

Part 3 — Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

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Website: https://esatoshi.club/

Our partners:

website: https://playcent.com

Telegram: https://t.me/playcentglobal

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