AMA Recap: CRYPTO MINERS X KAKA NFT

CRYPTO MINERS
11 min readJan 19, 2022

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KAKA NFT WORLD is a competitive gaming ecosystem platform focusing on the metaverse blockchain gaming sector. It is committed to combining the application of NFT+DEFI in the ecosystem, constructing a cross-chain bridge based on the concept of global decentralization, integrating various IPs of global brands, and creating Decentralized Autonomous Management (DAO). It aims to create a prediction agreement perpendicular to the e-sports prediction market, and an open, transparent, decentralized, and complete project for the ecosystem. The main sectors are divided into the two following categories: providing services such as R&D, sales, trading, circulation, e-sports, and trendy games for game and art NFTs; focusing on the prediction market in the field of e-sports (Prediction Market).

We hosted an AMA session with Kaka NFT on 18th January.

Mr. Ramsy was the host from Crypto Miners and Kaka Chan was the guest and shared delightful knowledge and unique features of Kaka NFT.

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Segment 1️⃣: Introduction

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Ramsy:
Hello everyone 👋 and welcome to the Crypto Miners AMA session With KAKA NFT

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

KAKA Chan:
Hi nice to be here

how are you doing?

Ramsy:
Hello there 👋

KAKA Chan:
hello

how are you

Ramsy:
We're great 🤝

Fine, what about you?

KAKA Chan:
doing amazing

looking forward the AMA with u

Ramsy:
I'm pretty sure that our AMA participants are very much excited to learn more about KAKA NFT ❤️

KAKA Chan:
🤗

Ramsy:
So shall we go?

KAKA Chan:
glad to know

yah sure let's do it

Ramsy:
1) Could you introduce yourself and project?

KAKA Chan:
Hi everyone, nice to meet you all here. This is KAKA Chan. KAKA Chan is a series of quality talent idols released by KAKA NFT World. The platform will launch more talented female idols as development continues.

This program will cover distinguished women in singing, dancing, painting, musical instruments, and various other talents.KAKA NFT WORLD is a competitive gaming ecosystem platform focusing on the metaverse blockchain gaming sector.

It is committed to combining the application of NFT+DEFI in the ecosystem, constructing a cross-chain bridge based on the concept of global decentralization,

integrating various licensed IPs of global brands, and creating Decentralized Autonomous Management (DAO).

Ramsy:
Thanks chan for the spectacular answer 🤝

Now Let’s move to the next one...

KAKA Chan:
🤗tks for saying that

so nice of u

sure

Ramsy:
2) Could you share more information about Metaverse Alchemy Society, and what are the differences between Metaverse Alchemy Society and House of Alchemy?

KAKA Chan:
That is so nice of you. Sure I would love to talk about it in more detail. Metaverse Alchemy Society is the upgraded version of the House of Alchemy.
What are the differences between Metaverse Alchemy Society and House of Alchemy?

1.The minting costs are less than or equal to the House of Alchemy.
Golden NFTs require 2,000 $KAKA to mint.
Silver NFTs require 800 $KAKA to mint.
Copper NFTs require 300 $KAKA to mint.

2.Part of the capital pool of the Metaverse Alchemy Society comes from the minting fee consumed by Metaverse Alchemy Society NFT holders and the other part comes from the donations from KAKA’s partners or teams.

3.Users can exchange their new Alchemy Society series NFT to obtain USDT assets in the Alchemy Society. The received exchanged USDT is 120% of the real-time equivalent value of NFT minting fee.

4.Users can share the serial number of the Alchemy Society series NFTs they hold to others. When one mint the Alchemy Society NFTs with the series number, both the recommender and the referee can get 10% of the NFT minting fee as rewards.

There is another news we would like to share with everyone, the NFT holders from the House of Alchemy event have been added in the Pixel Metaverse’ IDO list. Join our NFT minting events and enjoy surprising benefits from KAKA.

Check more via https://kakanft.com/event/alchemy-furnace

Ramsy:
Wow, That’s amazing 👌

3) KAKA Metaverse Alchemy Society sounds really cool. Guys come and check it out. Could you share more about the $KAKA Vault?

KAKA Chan:
Definitely, You won’t regret and feel free to check via the link. Now let’s talk about $KAKA Vault. KAKA has launched Governance Vault and LP Vault, both can make you earnings

Specific rules
For one month locked position, the total annualized locked $KAKA can reach 40%.
For a three-month locked position, the total annualized locked $KAKA can reach 60%.
For a one-year locked position, the total annualization of the locked $KAKA can reach 100%.

All $KAKA earnings in the Governance Vault are settled on a daily basis, and users can withdraw them from the website to receive $KAKA interest until the end of the lock-up period. According to the option level, interest is issued to the end of the lock-up period selected by users, and users will finally get the accumulated daily interest of $KAKA plus cost $KAKA

The maximum of all interest will be 500K $KAKA in total.
Come and check it out https://kakanft.com/event/vault

About LP Vault
There is no threshold besides you could earn LP APR rewards for providing liquidity. About how to calculate it? Please feel free to check it via the link https://docs.pancakeswap.finance/products/yield-farming

You would also get reward from $KAKA LP Vault as well
Specific rules
For 30 days, the estimated APR is 65%.
For 90 days, the estimated APR is 85%
For 365 days, the estimated APR is 125%
Come and check it out via https://kakanft.com/event/vault-lp

Ramsy:
4) We found a way to earn money and make profit. Next question, can you tell us more about the KAKA GameFi gaming platform? Any previews for us KAKA holders?

KAKA Chan:
Definitely, users need to burn a certain amount of $KAKA (about 10 to 100) to get a unique NFT card and referral code. Users could look for companies with game development to settle on the KAKA platform by themselves.

The gaming developed team can apply to enter the platform by filling in the form and providing a deposit of 100K $KAKA on the platform to obtain API interface functions to access the game.

KAKA will open the standardized interface up for development teams and projects.

The person who introduces the project party will earn 5% commission from the official fund bank without affecting the deposit provided by the project party.

For those individual developers or project parties who do not have 100K $KAKA, They can raise and deposit on the KAKA platform via crowdfunding to obtain the API interface and launch the game on the $KAKA platform.

Users participating in the crowdfunding will get equity in the numbers of tokens and enjoy the corresponding equity dividend after the game is online and profitable.

Ramsy:
Let's move to our last question from this segment...

5)What is the integration between KAKA and Chainlink? What do KAKA users can benefit from this integration?

KAKA Chan:
KAKA has integrated Chainlink Verifiable Random Function (VRF) on the Binance Smart Chain mainnet. By integrating the industry-leading decentralized oracle network,

we now have access to a tamper-proof and auditable source of randomness needed to generate results of all lucky draws that ensure the fairness of the gameplay in every event. Ultimately this creates a more exciting, transparent,

and fraud-proof user experience, as users can have more confidence in the transparency and fairness of NFT airdrops and lucky draw events such as the Chosen One.

Decentralization, fairness, openness, and transparency are the unchanging attributes of blockchain technology. They have a significant impact on the development of blockchain technology.

Combining current development trends and forecasts for the future, KAKA may further apply Chainlink VRF technology to other functions of the KAKA project to help protect the essential rights of all users.

“KAKA integrated Chainlink VRF to provide users with a transparent gaming environment, which will amplify the innate effects of decentralization. Chainlink VRF can help information flow freely and efficiently in KAKA’s events.

During operations, clear evidence of process integrity will be provided, which can effectively reduce trust costs and help users obtain a more trustworthy experience.” — Syed Jawad Haider, CMO of KAKA

Ramsy:
Thanks Chan for this well detailed introduction about KAKA NFT :)

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!!

KAKA Chan:
Yah definitely YA

let’s doooo it

Segment 2️⃣: Twitter Questions

Ramsy:
1)I got to know that that your first game is Troland. When will this game go live? Have you planned about it? Do you have plan to add NFTs into it for better gaming experience,? Will it enhance the fun and better the experience for your users?

KAKA Chan:
Troland game is live and you could mining with $KAKA instead of BNB.Sure, KAKA top priorities for the first quarter in 2022.

Complete the standardized interface for the card games and open the standardized interface up for development teams and projects out there who wish to enter blockchain gaming.
There are a few games as below that will be activated soon. Let’s look forward.

1️⃣Troland
2️⃣Pixel Metaverse
3️⃣Nakamoto's Fishpond
4️⃣Metaverse Power Crystal
5️⃣Magic Manor
6️⃣Constellation

check more via https://twitter.com/kakanftworld/status/1481264672292556800?s=20 and Know more via https://kakanft.com/gamefi

Ramsy:
2)On your website I could see that you will sell 10,000 exclusive pieces of KAKA rabbits but could you explain to me what are the benefits for a person to buy a KAKA rabbit? For users who are thinking of investing in the long term, how good an idea is it to buy a KAKA rabbit?

KAKA Chan:
Good question. There are 10,000 unique images of KAKA Rabbits.
Check KAKA Marketplace to purchase : https://www.binance.com/en/nft/shopWindow?orderBy=list_time&orderType=-1&isBack=1&uid=49230611&order=list_time%40-1

a, You could enjoy dividends from profits of physical goodies from time to time.
b, You could enjoy airdrops like receiving airdrops of KAKA cards, platform points etc from time to time.
c, Priority participation from events like receiving exclusive News adn get walkthroughs from events such as Unlimited Treasures.

d, Priority purchase for garage kits with the opportunity to get free event whitelist privileges.
e, Discount bonuses so could enjoy discounts from NFTs, mystery boxes etc from KAKA official and other collaborating platforms.
f, Exclusive customized NFTs with a minimum platform points from purchases.

g, Multi-chain metaverse experience
h, Virtual character persona like receiving customized KAKA Metaverse virtual persona and personal space.

Know more please check via https://kakanft.com/event/member

Ramsy:
3) I am interested to invest in your project. When and where can I buy your tokens? Is it already listed exchanges?

KAKA Chan 002:
You could buy tokens from PancakeSwap and listed on PancakeSwap right after IDO on DaoMaker. In addition,

We have been partnering with so many great platforms, such as DAOMaker, Binance NFT, OKEx NFT, BakerySwap, Coinmarketcap, Coin 98,DODO,JOJO,Moonswap, TheForce.Trade, etc. Those are amazing platforms and we learnt a lot from them. Great honor to have them as well.

Ramsy:
4)Was partnering with Binance Nft the reason for choosing Binance Smart Chain network ? Or was there any other specific reason for choosing Binance Smart Chain over other Blockchain networks ?

KAKA Chan:
Yah, Binance NFT is a great platform. Besides we are supporting ETH BSC, Conflux and OEC. Later on we will keep deploying on other public chain that are compatible with EVM such HECO.

Ramsy:
5)What are the competitive advantages of the KAKA? What advantages do you have that other competitor don’t have? What would KAKA most similar contender be in the market today in terms of scalability, security, features, and adaptability?

KAKA Chan:
KAKA‘s game has the following advantages when compared to other competitors.
● Multi-chain Deployment:
KAKA has crypto assets deployed on multiple public chains such as ETH, BSC, OKEx Chain and Conflux Chain. This allows users from different chains to join the games

● Cross-chain Operability:
KAKA applied cross-chain technology for users to transfer their assets and play games between several public chains such as BSC and OKExchain. It enables the liquidity of users’ assets.

● Deflation Mechanism
KAKA has a deflation mechanism where 20% NFT cards are burned through each round of the game. The supply of cards in circulation decreases along with the battles.Therefore each card value will increase.

● Buyback System
KAKA has a repurchase pool. After purchasing KAKA’s Troland NFT cards, holders can perform buyback through KAKA official site at a price offered by the repurchase pool.

Ramsy:
Thanks for Your Valuable Answers❣
And that's the end of our twitter question segment

KAKA Chan:
Great

Tks for you hosting as well

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

Shall We Go?

KAKA Chan:
Sure

Can't wait

Ramsy:
Let’s 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)I Love A Honest Girl 1.0:
’’STAKING’' is one of the STRATEGIES to ATTRACT USERS and HOLD Them long term. Does your GREAT PROJECT have plan about Staking?

KAKA Chan:
yah there are governance vault and lp vault available for staking. The APR is up to 125%

2)I Love A Honest Girl 1.0:
I want to know about you Pre_sale,, IDO etc... When and where It will start?? How i can know your Daily updates?

KAKA Chan:
We already did our IDO on DAOMaker platform. We listed on PancakeSwap just right after IDO. We will post our daily updates on twitter

3) Demvrick:
how is the most important use of KAKA NFT in NFT world ?

KAKA Chan:
first there are kaka rabbits which are nfts could trade on second marketplace such as BinanceNFT

4) Ⓜ️অফেকা আছে আমার সোনাⓂ️:
Do you allow suggestions and feedback from the community? Are we allowed in decision making, do you put community into consideration ?

KAKA Chan:
We do value the voice from our communities that is why we have DAO on our official website so users could bring their own proposals, once is over 51% KAKA will take action about it

5) LION:
According to the roadmap, what is your most important next priority? Do you have enough funds and strong community to achieve the goal?

KAKA Chan:
The priority for Q1 is to complete the standardized interface for the card games and open the standardized interface up for development teams and projects out there who wish to enter blockchain gaming. They just need to have their own IP and artwork. The already small economic model can be easily transformed to publish their own blockchain games on KAKA NFT using KAKA’s game rules.

*This segment ends here*

KAKA Chan:
Please follow our official account to know the latest news

Thanks for amazing hosting and really glad to be here. Have a nice one everyone.

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

KAKA Chan:
Thanks for all
Have a nice one guys, goodbye

Ramsy:
On behalf of Miners community, thanks again Chan and We Wish all the very best for Project KAKA NFT And The Entire team behind the project 🤝❤️

Time To Conclude Our AMA Section
Best of luck for the future 💕

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CRYPTO MINERS

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