AMA Recap: CRYPTO MINERS X KINGSPEED

KingSpeed is a Free-to-play and Play-to-earn blockchain-based racing game where players use NFT cars and equipment to challenge other players in a huge and ever-expanding racing world that we created. In Kingspeed, users can collect rare virtual items including Cars, Drivers, Gears and Race Tracks. Furthermore, they can use their collectibles to race in our racing games. The design of the collectible components of the game simulates traditional scarcity-based collecting games. Our racing game will contain multiple game modes and activities, allowing users to earn rewards while playing the game. Kingspeed is a blockchain-based racing game which allow players to collect rare virtual items including Cars, Drivers, Gears and Land Tracks. Player can use their collectibles to join the race, compete and earn rewards.

We hosted an AMA session with KingSpeed on 19th March.

Mr. Ramsy was the host from Crypto Miners and Mr. Paul was the guest. He shared delightful knowledge and unique features of KingSpeed.

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Segment 1️⃣: Introduction

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

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

Paul Waston:
Hello all of you Guys. I’m so glad to be here to share with you about KingSpeed

Ramsy:
Hello there 👋

Welcome here
Thanks for bringing Us KingSpeed ❤️

How are you doing today mate?

Paul Waston:
Fantastic mate

So much energy here now

Ramsy:
I'm pretty sure that our Community is very much excited to learn more about KingSpeed ✌️

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

Paul Waston:
Yes, Ready now

Ramsy:
"First of all, please introduce yourself with us. How and when you have started? How did you get involved in the crypto? What's your role in kingSpeed?"

Paul Waston:
My name is Paul Waston. I have over 8 years of experience in the fields of business, marketing, and communication, and I have organized numerous large and small events. Our KingSpeed team also includes a diverse range of individuals with extensive experience in the fields of blockchain, gaming, and design. We are all striving to provide the highest quality product to the community.

As previously stated, I am KingSpeed's Community Director. With my experience in building communities and ecosystems, I will facilitate KingSpeed in developing project support groups, loyal user groups, and a player ecosystem.

The goal of KingSpeed is to build this Metaverse with the community at the forefront. We’d appreciate it if you could join us at kingspeed.io to discuss and contribute your game ideas. We always listen to our customers.

KingSpeed - Virtual NFT Car Racing Universe! KingSpeed is a complete NFT car racing ecosystem where you can FREE to participate in car races, build your own NFT land track , and make a profit while playing it

Ramsy:
Thanks Paul for this great start 👌

Now let's see our second question from this segment...

2) As new projects are coming up day by day in the world of cryptocurrency nowadays can you explain what is different in kingSpeed project which is not in other project?

Paul Waston:
These are three things about KingSpeed that make us proud and confident. What makes KingSpeed take steady steps in the upcoming long journey

1. KingSpeed is a completely FREE game. User can claim a free car to play and earn

2. There are numerous ways to generate money at KingSpeed, both for gamers and those who don't have time to play games. Players can earn rewards by completing daily missions, racing multiplayer, and racing one-on-one.

Join the conversation at kingspeed.io to learn more about KingSpeed’s earning mechanism.

3. Gameplay 3D and Brand Story: It can be said that this is the point that KingSpeed team is most interested in. This is a game product, along with the ability to make money from playing games, but we don't want to focus too much on the monetization factor that ignores other experiences in the game. Therefore, KingSpeed is constantly trying to develop the graphics & technology in the game, on the other hand, the game will still have many unique storylines and concepts, bringing meaningful messages to increase the attractiveness.

Ramsy:
3) Could you share with us what problems would KingSpeed solve?

Paul Waston:
Yes, of course. Kingspeed is a racing game that allows users to:
- Own collectibles: own cars, car parts, characters, race tracks as NFTs.
- Play to earn model : this model will help users able to earn money while playing the game
- Stake and vote to govern Kingspeed: Users can stake their KSC tokens to earn rewards and have the power to vote in game development decisions.
- We combine both Free-to-play and Play-to-earn models to our gaming system.
Each user will be able to claim 1 free common car to start playing the game.

Ramsy:
4) Can you share more about the ways to earn at KingSpeed?

Paul Waston:
There are 6 ways to earn money with KingSpeed

1️⃣ Renting System
You can generate passive income by renting out NFT cars and NFT race tracks that you own.

2️⃣ Prediction system
You can place predict and earn money by correctly predicting the race's winning car.

Currently we have developed 4 gameplays, you can make money in these 4 ways as well

3️⃣ Daily quests
4️⃣ Time trial
5️⃣ Multiplayer race
6️⃣ 1-1 race

Ramsy:
Thanks Paul for this well detailed introduction about KingSpeed:)

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!!

Paul Waston:
Yeah Ready now

Segment 2️⃣: Twitter Questions

Ramsy:
1) How many cars do you need to race in order to earn profits?

Paul Waston:
Haha right to the point

To begin playing and earning, you only need one car. However, because the number of plays for each car is limited by day, players can purchase more NFTs in order to race more times and earn more quickly.

Ramsy:
2) One of the differences between Kingspeed and other gaming platforms is that KingSpeed provides the opportunity to Free-to-Play. What are the limitations of playing for free? What advantages and benefits do usors receive if they invest money to play Kingspeed?

Paul Waston:
We combine both free to play and play to earn models to onboard more users to our game. Every player will receive a free car (Wind model). However, to join further challenges or to get greater rewards, players must have premium NFT cars or upgrade their current cars.

Everyone can claim a FREE car to earn

Ramsy:
3) I understand that KingSpeed is an NFT car Racing Game. One of the major problem weakness of NFT games, they are, not gamer-friendly. It usually lacks gameplay and storytelling. What kind of gameplay and gaming experience will KingSpeed bring to us?

Paul Waston:
We created a fascinating storyline about the end of the world caused by extreme weather. In this survival battle, players will use their cars and skills to become the leader.

Furthermore, KingSpeed has a plethora of racing car, track, and character concepts.

Take a look at some of the project’s images.

Ramsy:
4)What are your plans to increase holders and increase attraction? do you have any plan for NF integration in your platform? What are your partucnguyen24 increase holders and increase attraction? do you have any plan for NFT integration in your platform?

Paul Waston:
We have a plan to onboard more users. For the short term, we will onboard crypto users first who are ready for play to earn.
For the long term, we plan to onboard more traditional gamers.
Yes, Our platform has NFT cars, NFT race tracks and NFT Car parts. May be will have NFT characters as well

Ramsy:
5) What I can do with KSC in your gaming system?

Here is our last question from twitter

Paul Waston:
Our token, named Kingspeed Crystal (symbol: KSC), is used in a number of ways:
+To purchase certain types of Collectibles
+To use as fuel to open loot boxes
+To stake and participate in governance votes, give users the incentives to hold the token
+To use to rent NFT cars
+To use to participate in a prediction game
+To use as a reward for completing certain actions or achievements in game or winning a race
+To use as a fee to compete in the 1-1 racing game

More infomation here
- Tokenomics: https://docs.kingspeed.io/the-basics/tokenomics

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

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

Shall We Go mate?

Paul Waston:
Yeah :D Let’s annouce the rule

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)Why did you choose the Binance Smart chain? we see some chains pop up with good scalability too, so why did you choose BSC?

Paul Waston:
Binance Smart Chain is good place for game projects. It has low fee transaction and crowded community.
Some other chain that we might consider to deploy our contract to become multi-chain gaming project like Polygon or Solana

2) What is the lowest price I can pay for a car on the Marketplace?

Paul Waston:
Good question ;)

The lowest now is $45. But you can go to https://marketplace.kingspeed.io/ to get a cheaper one ;)

3) NFT Gaming is the fact that most of the games are paid to win because the more expensive NFT you buy, the easier you can win. How #Kingspeed will make sure that their game isn’t paid to win & fair? This is important so that the game will keep attracting new player.

Paul Waston:
It's a quite interesting question.
We are more focused on making a racing game that brings to users the smoothest and enjoyful experience.

In the next phase, we will have matching system to match people in the similar level to race.
So u dont have to race with higher level players in our matching system. So is it fair enough?

4) Most projects are now abandoned in the middle of their operations due to a lack of sustainability and incapacity to support expansion in a market that is wildly shifting. How will you be able to deal with market fluctuations in an efficient manner?

Paul Waston:
Our crew is constantly researching new things in this area to ensure that we are up to date and that we can stay current and anticipate new trends.
Long term, we consistently improve our products and work with respectable market partners to create the metaverse and include cutting-edge technologies into our initiatives. We understand that the key value that defines the success of any project is the product.

5) I know that KingSpeed cars are classified according to their power? Can you elaborate on this hierarchy?

Paul Waston:
Our car is made up of 4 parts: Hull, Wheels, Engine, and Control Board. A car MUST need all of these parts to function.

☑️ Power is the combination of all the part’s stats along with the trait. The higher the power, the bigger the chance this car will win.

☑️ Power is divided into levels:

- Level 3: 800
- Level 4: 950
- Level 5: 1100
- Level 6: 1350
- Level 7: 1600

Basically, the higher stage - The more you can earn

*This segment ends here*

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

Time To Conclude Our AMA Session

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

Website: https://kingspeed.io/

Twitter: https://twitter.com/kingspeed_io

Telegram: https://t.me/kingspeedglobal

Discord: https://discord.com/invite/TsAXXWauCR

Medium: kingspeed.io

Facebook: https://www.facebook.com/kingspeed.io

Tiktok: https://www.tiktok.com/@kingspeed_f2p?

Reddit: https://www.reddit.com/r/kingspeed_io/