AMA Recap: CRYPTO MINERS X ALF WEB3

We hosted an AMA session with ALF web3 project on 19th July.

Mr. Ramsy was the host from Crypto Miners and ALF web3 team was the guest. They shared delightful knowledge and unique features of ALF web3.
.
Segment 1️⃣: Introduction

Ramsy | Crypto Miners:
Hello everyone 👋 Welcome to the Crypto Miners AMA session With ALF WEB3 PROJECT

Thank you all for joining us today❣️

To help us learn more about the featured project of this AMA session, we are lucky to be joined By the team

ALF WEB3:
Hello

Ramsy | Crypto Miners:
Welcome here Mate
Thanks for bringing Us ALF WEB3 PROJECT ❤️

I’m pretty sure that our Community is very much excited to learn more about ALF WEB3 PROJECT ✌️

So let’s get started if you’re ready!!

ALF WEB3:
Please. Join. I saw some questions on twitter, please ask here.

Ramsy | Crypto Miners:
First of all Please give us a brief explanation about ‘ALF WEB3 PROJECT’ .What popped up in your mind to create such a platform in this Space?

ALF WEB3:
First of all, the idea of the game that we are building at Epic Games. The game is very exciting. It only starts once.

Ramsy | Crypto Miners:
Here is the second question for you:)

Q2) So what are your main features and advantages that discern you from other Projects?

ALF WEB3:
The competitive advantage of the project is that, firstly, it is a high APY, 2880 tokens are issued every day and distributed every 15 minutes. The maximum issue will eventually be 800,000,000. At the same time, the process of burning tokens is going on. That is deflation. In addition, we have a game in development. A half-hour Demo version will be presented in the 4th quarter of this year. The full version of the game will be released at the end of 1 at the beginning of the second quarter of 2023. P2E game. We have to explore a new planet and develop life on it. The game will only start once. If the user joins the game for example in a year, then he will get to the stage at which there will be development in the game. Time in the game goes a little faster than in reality. In order to join the game, we first need a plot of land, which can be bought as NFTs on the marketplace. The first thing that will appear in the game is the space base. Her render is already there. Full render coming soon. Also this database will be in demo version.

The Y-O-D-A:
Well where should I start ! Lol

Ramsy | Crypto Miners:
you can start at everywhere 😊😜❤️

The Y-O-D-A:
We basically have incorporated a set of utilities into our ALF ecosystem !

In order to keep up with the competitive market out there , we’ve build up the foundations on a Dual rebase automatic protocol while have also incorporated P2E ( a big hype out there atm , Marketplace for the additional flexibility for our tradable NFT’s

The utilities mentioned are designed while keeping the metaverse concept in vision

While the holders gain income passively by simply holding their tokens along with the auto durable protocol , keeping inflation under check. We are also focusing more on our other utilities

The difference comes in from the approach , as mentioned, we’re the first ever project with higher APY %’s on durable guidelines, in the firm of the below tax distribution

Slippage: Buy: 18–20% | Sell: 20–22%

Tax: Buy: 16%
3% PALE (ALFw3 Auto Liquidity Engine)
3% PIF (ALFw3 Insurance Fund)
2% Game Treasury
8% Inferno Pit

Sell: 18%
3% PALE (ALFw3 Auto Liquidity Engine)
3% PIF (ALFw3 Insurance Fund)
4% Game Treasury
8% Inferno Pit

So the funds not only provide passive income to its users , it also gives us the necessary time and resources to work on the other sections as well

Ramsy | Crypto Miners:
thanks for the well detailed answers 😱❤️

here is the next one

Q3) How has the experience and background of your team been effective in the success of your project so far?

The Y-O-D-A:
Well we all are of humble beginnings, have been trading and learning Crypto for almost 10 years now . We’ve seen , been and basically known it all , lol. Anyways , we have a very talented developer team of 4 members, but tbh honest. The current team member count is not what I see for the coming months , years and so . As we keep building , we know the ways , we will start expanding the departments within our team , better organize them and assign them accordingly

Ecosystem as such of ours won’t be possible with only a team of 4 core members ! So expect us to grow in the coming weeks or so !

Ramsy | Crypto Miners:
wishing an all the best from our side🤝

moving on….

4) Now Share us about your Native token, What are the some of utlities of $ALFw3 Token in Your Ecosystem? And if possible share to us the Tokenomics

The Y-O-D-A:
ALf would be our main tradable token , however much we expand and grow wit our currently mentioned utilities , as in P2E , Automatic Rebase , Marketplace , NFT’s , the $ALFw3 will be the heart and soul of the entire ecosystem. We have already made a map of how the sub projects will be managed efficiently to support themselves as well as the main token creating a sort of ecosystem wherein the vice- versa will be automatized . As I mentioned the team of our 4 developers from UNREAL ENGINES , have foreseen the road map , but you can be overwhelmed and show it all . Crypto community loves surprises ! Lol

I guess I missed on mentioning the tokenomics, here’s a reference image ! 👇

We want to build and keep on pushing the limits, this project is something that we’ve put in a lot of energy , time and our passion into .. So the ongoing presale is kind of a first step toward the web 3.0 based future of ALF

Ramsy | Crypto Miners:
moving to the last question from the first segment

Q5) So how long did it take to develop this project? What plans do you have for the future? And what can we expect from ALF WEB3 PROJECT If possible could you please share road map with us.

The Y-O-D-A:
Well as I already me turned that we are aiming to become the first integrative rebase project in the metaverae , we will start slowly coz of primarily the current bearish sentiment in the market and to better achieve the stability within the project we launch . So towars the end of this year itself we will be launching the demo version of our P2E and then the complete version in Q1 — Q2 of next year. We have multiple approaches lined up to surely be incorporated within the ALF ecosystem here’s a reference 👇

Unreal engine V 5.0

As cool as it looks , we just want to make sure that when ever we launch it we have no glitches whatsoever . About assigning the dates to the individual achievement we will do that after presale ! Again , this is something that we as a team have put a lot of energy and passion into . So the deployment has to be as per the ALF standards

Ramsy | Crypto Miners:
Thanks for this well detailed introduction about ALF WEB3 PROJECT:)

And that’s the wrap up of our the first part of the AMA session ✅

Let’s now proceed to our Twitter Questions section
i hope you’re ready for that!!

The Y-O-D-A:
Let’s go !

Ramsy | Crypto Miners:
here is the first question

Segment 2️⃣: Twitter Questions

1) What are the ways for your project to generate revenue in the long run? What is the progress of business development and what are some of your commercial partnerships,?

The Y-O-D-A:
Well the products that the project mentions hace been incorporated carefully after a hard review . We knew that the P2E industry alone has raise and still doing so , billions on revenue , but when you look at the way they’re developed etc doesn’t look that promising . Talking about ou P2E , you can clearly tell just by looking at the work snippets I shared , we are not developing a P2E just for the sake of it , we are trying to attract the gaming crowd out there , a multi billion dollar industry, while offering them a real gaming experience with attached passive income . The revenue generated, a part of it will be used to further development ( gaming studio etc ) and the rest will go directly to backing $ALF. Our market place will be designed in a way that it’ll provide a safe haven for the people dealing in NFT’s at cheaper gas prices and fast transactions which will eventually be migrated into metaverse selling character , land NFT’s and more . Again the revenue generated will function the same way . The revenue generated by the ecosystem alone will be enough for the durability of the project. We’ll I don’t want to get ahead of my self , but we have planned to also include virtual gamble platform etc etc. So that the revenue part.

About the marketting and Partnerships , we are primarily focusing on the more Crypto active platforms and have actively been partnering with the likes of multiple call channels , TG groups like yours , youtube influencers etc and as we move on the approaches will turn towards more concrete advertising platforms , like Bill boards, ALF merchandise, Hoarding , EV car body covers etc.

Ramsy | Crypto Miners:
2) Can you share us about the motivation and benefits for investors to keep the token in the long run and What plans do you have to help drive the demand and scarcity of the token?

The Y-O-D-A:
Well I guess I pretty much covered this question already. But tbh motivation is something that could be done by delivering.

. But yes , we had joined the web3 competition out there and have spent a good amount of both the money and time in building the foundations that we think if catered well could develop in something revolutionary. All things aside , we promise our investors investors we will work and keep building untill whatever I mentioned is achieved and start innovating from there.

The utilities as they’ll be launched will itself create the necessary hype and FOMO for people to hold a piece of the ALF project . And as i mentioned , we’ve also placed some good deflationary mechanisms in the form of automatic burns and create that additional element of token scarcity. But as we’ve seen , we rely more on our utilities rather than the auto burn element. History can tell that those who relied on burns crashed!

Furthermore, The token is both issued and burned. The issue of the token is limited, but the burning will always occur, this will create a shortage of the token.

Ramsy | Crypto Miners:
3) At this moment, many projects announced to stop production due to the downtrend. ALFweb3Project..What do you think about this current situation and What is the next development plan and vision ?

The Y-O-D-A:
Well the building, developing and innovation will go on with $ALF , from where we see it downtrend is when you start developing so that whenever the trend reverses you’ll have the necessary products lined up already to showcase while causing that price action coz of the pre-built hype and the then market reversal !
By the time we launch P2E , we expect to see our Markeplace sitting at 60- 65% progress followed by the NFT’s and so on.

Ramsy | Crypto Miners:
4) One of the requirements for mass adoption in the Web3 space is privacy. As a Web3 Metaverse platform what are the main features of @ALFweb3Project and How do you will makes the privacy as your priority? And How can your project will compete with other web3 platforms?

The Y-O-D-A:
ALF’s own data centers and policies involved for a worldwide adoption is much of a long term deal , but for short term we plan to be using some of the renowned data centers , AWS , AZZURE etc. But when we have the required resources and time , scaling is something that could then be though about !

Well we are already in a competition with other platforms, they share the same vision so the collision will be there , but yeah , may the most innovative survive , lol

Ramsy | Crypto Miners:
5) Many games don’t support mobiles, and that reduces the attraction of many players around the world. Can I play on mobile and on PC too? Is there a version for Android and iOS, what does my PC need to be able to play it?

the Last question from Twitter segment:)

ALF WEB3:
This is a widescreen game. Of course there will be a mobile version, but the segment will only be possible for the mobile version. That is, not everything will be in the mobile version. For example, you will not be able to work through the mobile version.

Ramsy | Crypto Miners:
Now Moving on to our last segment — Live Q&A

Let me remind the rules for participants
i hope you are ready for that:)

Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and Miners sent hundreds of questions. Guest choose some best to answer)

1) TommY:
Lots of project those have private sale before the public sale has dump issue after listing the token , So i wanna know how do you prevent the Dump about your Token after listing on a DEX/CEX ?

The Y-O-D-A:
We will have anti dump measure in place in the firm of increased tax if the price correction hits a particular point. We are pretty much covered on the token dump front !

2) 𝑪.𝑩. 𝑺𝑯𝑨𝑵 [Always Failed]:
What is the minimum and maximum to invest in your project?

The Y-O-D-A:
Please head over yo our presale , you can access the link from our telegram groups, all details are precisely mentioned there

3) Crypto King ♔:
Do you have a whitepaper?
if yes, Please share in with us…
&
Are You Working To AUDIT Your Project to make It More Secure, Trustworthy And Reliable???

The Y-O-D-A:
https://docs.alfweb3project.com/

https://github.com/ContractChecker/audits/blob/main/AlfWeb3Project_Token_0xDBD6Eb76c61DA44dD032D1F4DB38Ea07a3Be07D3_Smart_Contract_Security_Audit_By_ContractChecker.pdf

4) CHUKKY:
I can understand having a 20% sell tax but isn’t a 16% buy tax too high for small scale investors and users?
Other projects don’t usually charge this high for buy tax, Can you tell us why the buy tax is this high? Do you plan to reduce it in the future?

The Y-O-D-A:
Yes the more tax is basically coz of the more gains in the form of automatic APY %’s , and sure as we move forward and as the project develops we will ease the taxes , to even more attractive figures

5) 𝙈𝙧. 𝙏𝙖𝙢𝙗𝙤𝙪𝙧𝙞𝙣𝙚 𝙈𝙖𝙣:
$ALFw3 token is the heart and core in entire ecosystem. So What are the utilities of $ALFw3 tokens in your ecosystem?

The Y-O-D-A:
It’ll be the parent token for all of our ingame tokens and the o lyrics tradable one , utilizes will cone in the form of the products mentioned!

6) Crypto King ♔:
Can you list 2–3 killer features for your project that makes it ahead of its competitors?
What is the competitive advantage your project has that you feel most confident about?

The Y-O-D-A:
Our P2E is the best , check out the snippets and you can do the comparison .

* This segment ends here *

Ramsy | Crypto Miners:
Thankyou so much For your valuable answers and information about ALF WEB3 PROJECT,
It Was Pleasure Hosting An Ama With You

Is there anything else you would like to share or you want us to know ?

The Y-O-D-A:
Thank you for inviting us !

Well , if you decide to invest , we really encourage DYOR first, please go through all the sections , the website , whitepaper , take sometime to review , we’ve also put some good efforts in there.

Appreciate your time

Ramsy | Crypto Miners:
Time To Conclude Our AMA Section
Once again thank you

Website: https://alfweb3project.com/
Twitter: https://twitter.com/ALFweb3Project
Telegram: https://t.me/ALFweb3Project

Medium: ALFw3

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
CRYPTO MINERS

AMA | GameFi | NFT | Metaverse | Giveaways | Promotions, “Backed by KuCoin, Hotbit, OKEX & BigOne Exchange”, Telegram group: https://t.me/Cryptominers_co