AMA Recap: CRYPTO MINERS X AXLE GAMES

Axle games is a skill-based gaming platform for the web3 community. Axle Games is a game development company that focuses on creating popular web2 games for the web3 community. Axlegames is introducing a game like WORDLE to the web3 community. Imagine you playing your favorite game and earning money based on your skills. That’s exactly what Axlegames provides to its users. We bring state-of-the-art word games that are already proven in the web2 world and build them for our web3 community. With a powerful game development technology, a robust marketplace, and a native token-based ecosystem for our platform users, artists, gamers, and it enables them to directly access the future opportunities of the metaverse. With inspiring motivation, a strong team with fundamentals, and experienced founders with a tech background, Axle Games will be one of the biggest new-age technological revolutions.

We hosted an AMA session with Axle Games on 11th January.

Mr. Ramsy was the host from Crypto Miners and Mr. Chakravardhan and Mr. Praneeth, co-founders of Axle Games was the guests. They shared delightful knowledge and unique features of Axle Games.
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Segment 1️⃣: Introduction

Ramsy | Crypto Miners:
Hello everyone 👋 Welcome to Our Another AMA session With Axle Games

Today, we are very honored to invite Mr. Chakravardhan and Mr. Praneeth The Co-founders of Axle, To be our guests in our today’s session to introduce Axle Games

Hey Guys 👋

Praneeth (Co-Founder at Axle Games):
Hey everyone, looking forward to a fruitful AMA session

Leo Chakri (CEO of Axle Games):
Hello Ramsy,

Happy to be here. Looking forward to the AMA.

Ramsy | Crypto Miners:
Welcome here guys ❤️

Thanks For bringing Us Axle Games

Leo Chakri (CEO of Axle Games):
It’s our pleasure to do this with your amazing community.

Ramsy | Crypto Miners:
Thanks for such wonderful words:)

So First of all Could you both Introduce Yourself to the community?

Leo Chakri (CEO of Axle Games):
This is Chakri from Axle Games. I am the Co-Founder along with Praneeth. I began my career at Microsoft and gained experience in handling global projects across geographically dispersed teams, managing vendors, and innovating tech products to satisfy global customers. As a trend watcher and innovator, I am always aware of new trends in crypto, blockchain, and tech. I have been involved with the crypto space since 2017. We are bringing word based skill-games to the masses with Axle Games.

Praneeth (Co-Founder at Axle Games):
Hey, I am praneeth. I am the co-founder of Axlegames and I head the developer team at AXLE. I am an Entrepreneur, Engineer, professional trader, and Investor. I began my career at Cisco as a Network consulting engineer and left my job following my passion for building cutting-edge products for millions across the globe. I have been actively involved in trading crypto markets and have been well aware of the space since 2017. I am currently working to bring entire wordle community to web3 👍

Ramsy | Crypto Miners:
Glad to have both of you today 🤝

Leo Chakri (CEO of Axle Games):
Likewise

Ramsy | Crypto Miners:
Now Let’s Begin Our First Segment of the AMA — Project Introduction

Are you ready guys?

Leo Chakri (CEO of Axle Games):
Yeah let’s begin

Ramsy | Crypto Miners:
Cool 👍

1. Give us a concise and brief introduction about Axle Games. And what are its features?

Leo Chakri (CEO of Axle Games):
Axle Games is a skill-based web3 gaming platform. We have popular games like wordle, cross wordle, absurdle, and our own innovative variants of word-based games. Axle as a universe offers various products under one hood: Axle Swap, Axle Arena, Axle Dao, and Axle Marketplace. More details about each of the products are listed on our website — axlegames.io

We are primarily focused on skill-based word games, as we believe a fair outcome can only be achieved in a game of skill compared to a game of chance. One of the key propositions of Axle Games as a platform is a freemium play, a low platform fee, and transparency.

Ramsy | Crypto Miners:
Thanks Chakri for this well start about Axle Games

Now Let’s see our second question from this segment

2. How users can earn by playing many games available on the platform? What they need to start?

Leo Chakri (CEO of Axle Games):
We will have various types of tournaments listed for each game on the platform. Users can participate and compete with other peers and win rewards for the skills they showcase. The reward system varies from game to game listed on the platform. A detailed “How to Play” guide will be published for each game listed on Axle Games.

Ramsy | Crypto Miners:
3. Tell us about Axle Swap and Axle Arena.

Leo Chakri (CEO of Axle Games):
Axle Swap is a decentralized exchange to exchange your Axle tokens and many other supported currencies and tokens. After the recent turmoil of FTX, decentralized exchanges are going to play a huge role going forward. We are committed to protecting our users’ funds on the platform. Axle Swap is the first step towards decentralizing the whole AXLE universe.

Axle Arena is an arena where users can make or meet new friends. In short, Axle Arena is a social media platform with a wide range of offerings for our gamers. Axle Arena is our first step towards a creators’ economy within the Axle Universe. More details on Axle Arena and its offerings will be published on our social media channels in the coming days.

Ramsy | Crypto Miners:
Indeed, Dexes are playing an important role now 👍

4. Now talking about the native coin $AXLE! What are its usecase and utilities in Axle ecosystem? Also share us with its tokenomics

Leo Chakri (CEO of Axle Games):
Axle Token comes with various utilities: it can be used as game currency, for governance and subscription services, and can be used to make purchases on our online marketplace. A more detailed article has been published discussing $AXLE token use cases and our tokenomics

$AXLE token:
https://medium.com/@axlegames/Introducing-Axle-Token-by-AxleGames-1fe0c5b66b4d

$AXLE Economics Paper:
https://axlegames.s3.ap-south-1.amazonaws.com/AxleGames_EconomicsPaper.pdf

Ramsy | Crypto Miners:
Lastly, what important updates and developments we’ll get in coming months in Axle Games?

Leo Chakri (CEO of Axle Games):
We are actively building various skill-based games for our users. Right now, we have four different games already live in practice mode. We will be auditing our game smart contracts before we release our games on the mainnet.

We are moving towards building a fully decentralized platform for our users. Axle DAO, Swap, and Stake will be released once our games go live on the mainnet.

Ramsy | Crypto Miners:
Thanks mate for this well detailed introduction about Axle Games 👌

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 guys are ready for that!!

Leo Chakri (CEO of Axle Games):
Yeah we are ready

Ramsy | Crypto Miners:
So Let’s roll on…

Segment 2️⃣: Twitter Questions

1.Most NFTs games currently suffer low player base due to expensive initial cost for a new player to take part on the game. How does @AxleGames is attracting large group of players? Can you talk some of its features which make it different from others?

Leo Chakri (CEO of Axle Games):
To begin with, Axle Games is not an NFT-based gaming platform. Furthermore, the majority of NFT games require users to pay upfront fees to participate or have a chance of winning.

In Axle Games, all the outcomes of the games are completely based on skills, and users don’t require any upfront fees to play the games. Our platform offers free-to-play games, which will increase the initial footfall of users. With the most loved games and easy-to-play interface on the platform, we at AXLE believe that there will be a seamless experience for the users who come to the platform for the first time.

Ramsy | Crypto Miners:
2.Every $AXLE token holder is a platform owner. So, will there be a vote difference between those who hold a small number of AXLE and those who hold a lot during the decision-making phase?

Leo Chakri (CEO of Axle Games):
“Every $AXLE token holder is a platform owner.” Absolutely correct!

However, there is a maximum number of votes that any one token holder can cast. This ensures that we can limit the dominance of large token holders in the ecosystem. This way, we can keep the platform decentralized while also rewarding holders of the $AXLE token with benefits.

Ramsy | Crypto Miners:
That’s Nice 👍

3: According to statistics, around 2.2 billion people play games daily. Do you think the AXLE platform is sufficient in terms of the number of players and the variety of games at the moment?

Leo Chakri (CEO of Axle Games):
In 2022, there are approximately 3–4 million players who played wordle. The total market size of the gaming industry is in the billions, but when it comes to skill-based games, it narrows down to millions. A platform that has been built with scalability in mind should be able to handle a large number of players and a wide range of games.

We at Axle Games follow the best practices when it comes to engineering and product. Additionally, the platform’s ability to handle a variety of games can be impacted by various other factors.

It’s worth noting that the skill-based gaming industry is still relatively new and constantly evolving, so it is hard to say if it is sufficient at the moment. But the industry is getting more and more efficient in terms of handling more players and offering more diverse games to them.

Ramsy | Crypto Miners:
4.Could you tell us about your security strategies, audits and every measure that might protect your users funds and protect their privacy?

Leo Chakri (CEO of Axle Games):
Security is one of our major concerns before we release any features or products on Axle Universe. We do rigorous testing on various levels. Our token contracts are already being audited by Solid Proof. We got a really good score for our contracts with no major issues. All the contracts that will be deployed for our games on Mainnet will be fully audited by top auditing companies in the crypto space, like Solid Proof and Certik. We don’t hold any of the users’ funds, users can use third-party wallets supported by us to participate in games — “ Not your keys, not your crypto “

Ramsy | Crypto Miners:
Sounds Good 👌

Let’s hear our last question from Twitter

5.Axle Arena will offer a wide social media experience for players. So, what kind of content will be on the Axle Arena platform? And when exactly will it be released?

Leo Chakri (CEO of Axle Games):
Axle Arena will be our first step into the creator’s economy, and we hope to make a big impact by building a comprehensive platform. We can provide a good social media experience to users by generating content around -

Game reviews and previews: Users will be able to read and post reviews of games, as well as get information on upcoming games.

Gaming news: The platform will have a section dedicated to breaking news and updates in the gaming industry.

User-generated content: Users will be able to share their own gaming experiences, such as videos and screenshots, and stream highlights directly from the axle platform.

Community-building features: The platform will have features that enable users to connect and interact with each other, such as forums, groups, and direct messaging.

Tournament coverage: Users will be able to keep up with the latest developments in the e-sports scene, including tournament schedules, standings, and live coverage.

Live streaming: The platform will support the live streaming feature for users to stream their gaming experience.

In-game chat and voice chat: socializing while playing with other gamers is a big part of gaming, so in-game chat and voice chat will be a must-have experience on the platform.

Our team is actively working on building Axle Arena, and we plan to release it in Q2 2023.

Ramsy | Crypto Miners:
That’s the wind up of our twitter segment

Now Moving on to our last segment — Live Q&A

Shall we mate?

Leo Chakri (CEO of Axle Games):
Yeah let’s proceed

Ramsy | Crypto Miners:
lets go

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) Devid Dong:
Do you have any plan for burning tokens in the future to rediuce the supply of the token and increase its investment attractiveness?

Leo Chakri (CEO of Axle Games):
Platform/Game fee will be collected in $AXLE tokens, we are committed to burning 50% of the fee every quarter.

2) DERR:
What the reason to decided more focuses on skill based web3 games, does AxleGames targetting proffesional gamers only?

Praneeth (Co-Founder at Axle Games):
Our major focus is on skill-based gaming as we believe a fair outcome can be attained only through the game of skill. Many gaming platforms thought built of blockchain have the power to tamper with the outcome of a probabilistic event. Whereas, Axlegames can achieve true decentralization as the outcome is completely based on skill.

Also, no upfront NFT or fees is required to play the games. So we are targeting everyone without any barriers and not just professional gamers.

3) tư tưởng:
When will your tokens be listed on the exchange and which excheanges do you plan to list on in the future?

Leo Chakri (CEO of Axle Games):
We are going ahead with an open sale starting tomorrow — 12th Jan 4 AM UTC. Once we concluded our planned sales we will be listing it on a DEX and followed by reputed/trusted CEX platforms.

You can expect the CEX platform listings in Q2 2023. The DEX listing will be as soon as we concluded our sales.

4) Devid Killed:
Do the token holders have the right to partcipate in the governaince of the project? What kind of decisions can they vote on about the project?

Praneeth (Co-Founder at Axle Games):
Yes, Axlegames believes in true decentralization. Every token holder will be part of the AXLE community and can vote on the future of the project. Holders get to vote on future game development, choice of games, how the funds are allocated, changes to the organization’s rules or constitution, the selection of new members or leaders, and the development of new products or services. In the future, holders will have the ability to propose and vote on new proposals.

5) Monsoon:
Survey suggests 64% would rather play skill-based games than chance-based games.
Axle games is a platform focusing on the game of SKILL and not on game of CHANGE. How is Game of SKILL better than the Game of change? Can you also show us the comparison?

Leo Chakri (CEO of Axle Games):
A game of skill has a fair chance of winning compared to a game of chance. The majority of the Platforms out there are based on games of chance, which are referred to as gambling websites.

Users end up losing money eventually in luck-based games. With skill-based games, it’s not platform-biased and everyone gets an equal chance to win based on the skills they showcase.

*This segment ends here*

Ramsy | Crypto Miners:
Thankyou So For your valuable answers and information about Axle Games ❤️

It’s a very informative session With you

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

Leo Chakri (CEO of Axle Games):
It was nice interacting with your community. Thanks Ramsy for driving this AMA.

We are going live tomorrow with our open Zeus sale — on 12th Jan at 4 AM UTC. If you believe in our vision and the product, we welcome you all to be a part of the Axle Family.

25% bonus will be rewarded to everyone who is part of this first sale. Grab soon!

Please join our socials and stay updated with the product-

Ramsy | Crypto Miners:
Guys if you still have any questions about Axle Games You Can ask there Telegram Group

Time To Conclude Our AMA Section

On Behalf of Miners Community Wish all the very best for Axle Games And The Entire team behind the project❤️🤝

Have a nice day 🤝

Leo Chakri (CEO of Axle Games):
Thanks to the Crypto Miners community. Have a great day everyone ❤️

Community, If you would like to learn more about Axle Games, here are some useful links for you:

Website: http://www.axlegames.io/
Twitter: https://twitter.com/AxleGames
Telegram: https://t.me/axlegames_en
Instagram: https://www.instagram.com/axlegames/