AMA Recap: CRYPTO MINERS X GOFUNGIBLES

GoFungibles is an NFT marketplace, a play-to-earn multiplayer runner game, and a gateway for accessing DeFi markets and NFT backed capital. By gamifying distinct DeFi activities like yield farming and staking on the platform, GoFungibles aims to increase the liquidity of digital assets and give users access to a spectrum of new DeFi options while providing an intuitive front end-user experience.

We hosted an AMA session with GoFungibles on 10th November at 4:00 PM UTC.

Mr. Ramsy was the host from Crypto Miners and Mr. Noman, co-founder of GoFungibles was our guest. He shared delightful knowledge and unique features of GoFungibles.

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Segment 1️⃣: Introduction

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Ramsy:
Hello everyone 👋 and welcome to the Crypto Miners AMA session with GoFungibles

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 Mr. Noman, Welcome to our community 🤝

Noman:
Hello everyone, glad to be here

Ramsy:
Happy to see you here ,
Thanks for bringing Us GoFungibles❣

I’m pretty sure that our AMA participants are very much excited to learn more about GoFungibles, so let’s get started if you’re ready!

Noman:
yes i am, thank you :)

Ramsy:
So Let's Go 🏍💨

Q1) Can you give a brief explanation about 'GoFungibles' .What popped up in your mind to create such a platform in this space?

Noman:
GoFungibles is a mix of Gaming, Finance, and the actual DeFi ecosystem for games. NFTs are being adopted globally at an unprecedented rate. While initially, the creators and owners could not do much with their NFTs apart from trading or holding them in their crypto wallets, this ecosystem has evolved exponentially since then. As a result, there is an ever-growing need for NFT utility, which is why GoFungibles was conceptualized. We aim to launch a one-stop solution for users to mint, trade, earn, lease, and do much more with their NFTs with an intuitive front end-user experience while building a truly decentralized community governed by its platform’s native token.
GoFungibles is a Platform that will accommodate an NFT marketplace, a play-to-earn multiplayer mobile runner game, and a blend of exceptional DeFi features for added liquidity and utility to otherwise idle NFTs.
GoFungibles will reward its users for playing the mobile Multiplayer endless runner game with NFT assets and stunning visuals. In addition, we aim to enhance the player’s experience by eliminating the auto-battle system and encouraging user interaction, a much-desired feature for blockchain games. The project originated in the second half of 2021. It will initially deploy the marketplace on Polygon(Matic) and adopt the Lazy minting feature to combat high gas fees issues on Ethereum.

Ramsy:
Gaming And Marketplace 🔥

Noman:
yes exactly :)

Ramsy:
Now let's see our next one of this segment..

Q2) So what are your main features and advantages that discern you from other projects? and Also Share a Overview About Your Gameplay?

Noman:
Sure, Here are some of the unique features we will adopt :
1- NFT leasing -
Lease your In-game NFTs at a fixed price or receive a portion of revenue % earned by your NFT characters. Art NFTs can also be leased out which can be used in Different metaverses for showcasing.
2- NFT lending-
Use your NFT as collateral to take a loan from the GoFungibles NFT lending protocol. DAO decides which NFTs will be eligible for Lending.
3- NFT Staking and farming -
GoFungibles brings additional liquidity to NFT assets by enabling users to stake their valuable NFTs while farming platform tokens and rare NFTs.
4-Cross chain bridge -
Bridge your NFT across different chains to access wider markets and liquidity. Our First-off its kind NFT bridge reduces the bridging costs by 10x.
5- Fractionalized NFTs -
This is achieved by enabling owners to split their ERC721 token, generally known as NFT, into ERC 20 Tokens or Fungibles tokens. NFT is locked into a smart contract, and the fractionalized sections of that NFT can then be traded on the GoFugibles marketplace.
6- Artist Donations -
Supporting your favorite artists in the form of donations produces a fantastic incentive for creators to generate more quality art.
7- Chat Room -
GoFungibles is more than just a marketplace. It is a whole social system with friends, acquaintances, and other people of similar interests.

METARUN game is a feature-packed endless runner game with both single and multiplayer modes. In addition, players can earn in-game currency, which can be utilized for several upgrades such as abilities, powers, weapons, speed, shield, etc.

The environment is detailed and full of interactive items. Each game level is carefully crafted to offer unique visual styles that are pleasing to the eye. In addition, levels have diversified obstacles that the characters must jump over, slide under or dodge to survive.

Game levels have various artifacts in abundance that players can collect. These can be later combined to accumulate a unique NFT. Each NFT will have distinct characteristics, some are wearables such as upgradeable skins (which can also be bought in the marketplace), and some offer limited-time boosts. The in-game currency will be exchangeable with $GFTS using price oracles.

https://t.me/CryptoMiners_Co/637443

This is the prototype of the game, so far from finished

Ramsy:
Let's deal our next one..

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

Noman:
Our team consists of highly professional individuals in their respective fields with an astounding motivation for everything related to NFTs and blockchains. I would like to introduce some of our team members:

Matija Rosovic is the CEO of GoFugibles. He worked in the real commodity trading and financial world for the past 11 years. Graduated from law school, building my thesis on commercial law and finance instruments. Worked for the LME stock exchange and was an advisor for some of the top EU metals suppliers. I have been investing and trading in crypto since 2018—a big fan of crypto, NFTs, and DeFi. During my last year in the financial world, I noticed a significant shift from traditional banking to crypto markets and crypto services. My contacts, traders, and other crypto enthusiasts I managed to build in my working experience are now the new believers in crypto, being the future of finance happening just now.

Meet our CMO, Martina. Everything Martina is passionate about is digital. She believes in her ability to make the world a smaller, better place by connecting people on social media under brand campaigns and by creating online communities with causes. She's been involved with the digital marketing and community management industry for ten years and has seen its growth from nascent days to the present. As a result, she is well versed in the field and knows precisely what it takes to grow a business.
Martina is an entrepreneur and owner of the digital marketing agency Snajka de Madre.

Our CFO, Ruskin Felix, is an ACMA, CGMA, CFP. He has 9+ Years of Experience in Finance, Management, Investment Banking, and Portfolio Management. He has been on the board of various companies and has experience in Risk Advisory and External audits of Companies and MNCs.

Alexi Anania, a Research Analyst at GoFungibles. He graduated summa cum laude in a 'Blockchain & Digital Currencies' MSc from the University of Nicosia. Alexi has contributed to research for UNIC, UCL, the Cambridge Center for Alternative Finance, and the European Union Blockchain Observatory. His prominent insights on the NFT landscape as a practitioner and as a researcher continue to help shape the underlying idea of concepts at GoFungibles.

Karolina Strzemińska is our Business Relations Manager. Karolina is a commodity trader turned crypto Enthusiast, having worked for Voin Holland and several other business entities in a global sales & marketing context. While working in traditional finance, Karolina has been actively involved in the cryptocurrency markets as an investor and an enthusiast since 2014, attending global blockchain conferences, building and growing her network in the crypto industry.

Ramsy:
Q4)Now Share us about your token, What are the some of utlities of $GFT Token in Your Ecosystem? And if possible share to us the Tokenomics of $GFT

Noman:
Our tokenomics is designed by keeping a long term vision for the project. Team and company are vested over 24 and 36 months respectively. Public participants for our sale are most important for us because they are the fuel to our long term success and platform adoption. Thus, No private rounds are unlocked at the TGE.

Have detailed look about utility and TGE info here https://gofungibles.com/gfts.php

Ramsy:
Alright, Now let's moving to our last question from this 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 GoFungibles? If possible could you please share road map with us.

Noman:
We have been able to achieve considerable success in terms of kickstarting the project. We have released our website and a first version of the whitepaper to help users find more information about the project. The development stage is also initiated, and we plan to launch a base marketplace on Polygon (Matic) in the coming weeks. A prototype demo of our mobile game is also ready and undergoing performance and visual upgrades.

Our Seedround is now closed and private-1 and private-2 is ongoing. We have been able to raise $1million from private investors already.

Some of the expansion features on the roadmap will include deploying our marketplace on Ethereum main-net, partnerships with leading artists and creators, a closed beta launch of the mobile game to our community for feedback, a DAO governance system, conventional payment methods integration, expanding our DeFi features, and token listing on various exchanges.

Ramsy:
Thanks for that well detailed introduction about GoFungibles🤝
That wraps up the first part of the AMA session ✅

Let’s now proceed to the Twitter Questions section,

Noman:
Thats great

Ramsy:
I hope you're ready for that

Noman:
yes i am , lets go

Segment 2️⃣: Twitter Questions

Q1)So Gofungibles metarun is the First Blockchain-based P2E multiplayer runner game with absolute asset ownership. May i know how can we play metarun? Tokens needed to play or free runner also available?

Noman:
The game will have a single player mode where you can play and upgrade your character. Earn in-game currency which can be converted to $GFTS. Once you are ready , compete against other players in Multiplayer PVP mode to maximize your earnings and test your skills.

We will soon list the 1st character NFTs needed to play the game, so be sure to follow our social media

Q2)Upon reffering website, GoFungibles is a cross-chain state-of-the-art NFT marketplace. I want to know that apart from many other NFT market places, what can Gofungibles key features that differentiate Gofungible from others?

Noman:
To begin with some of our offered products, listed below:
- NFT leasing - Lease your In-game NFTs at a fixed price or receive a portion of revenue % earned by your NFT characters. Art NFTs can also be leased out which can be used in Different metaverses for showcasing.
- NFT lending- Use your NFT as collateral to take a loan from the GoFungibles NFT lending protocol. DAO decides which NFTs will be eligible for Lending.
- NFT Staking and farming - GoFungibles brings additional liquidity to NFT assets by enabling users to stake their valuable NFTs while farming platform tokens and rare NFTs.
- Cross-chain NFT bridge - Bridge your NFT across different chains to access wider markets and liquidity. Our First-off its kind NFT bridge reduces the bridging costs by 10x.
- Fractionalized NFTs - This is achieved by enabling owners to split their ERC721 token, generally known as NFT, into ERC 20 Tokens or Fungibles tokens. NFT is locked into a smart contract, and the fractionalized sections of that NFT can then be traded on the GoFugibles marketplace
- MetaRun - GoFungible’s P2E mobile runner game; GoFungibles will reward its users for playing the mobile Multiplayer endless runner game with NFT assets and stunning visuals. In addition, we aim to enhance the player’s experience by eliminating the auto-battle system and encouraging user interaction, a much-desired feature for blockchain games.
Before I end this answer, I would like to stress the Cross-chain bridge once again. It is truly revolutionary in the NFT space. It will allow you the port your NFTs across different chains with a single click thus, resulting in increased liquidity and access to a larger market. We are making NFTs interoperable.

Q3)Partnership is main point now to attract investors. I saw that, in the partnership section of website, you blurred the partners logo and pit coming soon. Is there something bignews coming up? Can you elaborate a little about your upcoming partnerships?

Noman:
Certainly yes we have big things planned and the information was blurred because we wanted to reveal with a bang and big partnership announcement. Just to give you a tease, we have recently onboarded Nakheel Capital as one of our investors . They are one of the leading top tier Vc's in Dubai. Rest will be revealed soon , so stay tuned :)

Q4)How can you protect the buyers from the risk of NFTs losing their value if the platforms they were built or listed on shut down?

Noman:
This is the reason blockchain, and NFT technology is revolutionary. In conventional projects, you lose everything if the account is banned or the project is shut down.

We will utilize IPFS to store NFT metadata so the NFT will always be available in the owner's crypto wallet regardless of what happens to the project.

Q5)What is the target of the Gofungible team from a business perspective .To be an extraordinary platform for both Investors and for it’s clients, Transparency and security is extremely significant. Would you be able to tell us a few insights about your security protocols.

Noman:
Everything on our platform will be run via a DAO governance system to combat the risk of fraud and eliminate bad players from our platform. Our code will be audited and reports will be made public on the website for anyone to see. We will also implement a state of the art anti-cheat system for METARUN.

These were great question and i enjoyed answering them in detail :)

Ramsy:
Thanks for the interesting answers Noman.

And that's the end of our twitter question segment.

Now Moving on to our last segment - Live Q&A,

shall we go?

Noman:
that's great :)

yes please

Ramsy:
Here We Go, Chat Unmute in 3....

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

1)PARTNERSHIP & COLLABORATIONS are the backbone in making every project more widespread. Can you list some of ur partners with us?

Noman:
Yes that is correct. We have partnered with ongrid solutions for the NFT bridge, LUNA PR for marketing, and IDO platforms will be revealed soon.
We will also be onboarding around 50 influencers to help us promote our project to their communities. We will also reveal more partnerships soon , so be sure to follow our social media channels (links will be posted at the end of this AMA session)

2) Which do you think is more important;
A. Community
B. Investors
C. Token Price

If all of the above is important to you, Whiich should come first.?

Noman:
For us the community is most important, it is easier to get investors onboard but project can not survive without its community. we can not control the price of token as it is a utility and governance token.

3) Can you list 1-3 killer features of this project that makes it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?💖💖

Noman:
Our game is the playable game while many others are auto-battlers

we have a list of features that make us unique from other projects.

Our platform trading fees will be kept at minimal and we will allow users to earn by porting and staking their NFTs on our platform

4) •Where can I buy it ?

•Also all the links to all your social media platforms if possible?

Noman:
TGE has not happened yet, we will release the IDO dates soon. After the TGE , the token will be listed on various exchanges and made available to buy. i will share the links to our social media at the end of this AMA session.

5) Are you a global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partners?

Noman:
We are a global project and will focus on the marketing strategy for various regions. we have onboarded LUNA PR for global marketing and will partner with various others to target other communities

*This segment ends here*

Ramsy:
Thankyou so much For your valuable answers and information about GoFungibles,
It Was Pleasure Hosting An Ama With You.

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

Noman:
Thank You so much, everyone! It was a wonderful experience to be here, and I look forward to seeing you join our project. You can read more information about the project on our website and whitepaper we have explained every feature in great detail. Still, if you guys have any questions, You can join our Group and ask anything that you want to know. Thank You again for having me here today.

We will also announce airdrop details soon, $4million worth of $GFTS will be given to the community:)

Thanks for having me, it was an amazing experience

Ramsy:
We Wish all the very best for Project GoFungibles and the entire team behind GoFungibles🤝

Once Again Thank you so much for spending time with our community

Community, if you would like to learn more about MemesGame, here are some useful links for you:

Telagram: http://t.me/Gofungibles

Twitter : https://twitter.com/gofungibles

Website: http://www.gofungibles.com/

Discord : https://discord.gg/gofungibles

Medium: GoFungibles