AMA Recap: CRYPTO MINERS X POCKET ARENA

Pocket Arena is a Play-to-Earn based NFT DApp games portal and platform that supports skill-based tournaments and user-generated NFT gaming with an NFT Marketplace. The Pocket Arena (PA) is powered by the Pocket Arena Token “POC”, an ERC 20 utility token, designed to give real rewards to all players and to function as Pocket Arena DApps’ NFT gaming token.

We hosted an AMA session with Pocket Arena on 15th December at 1:00 PM UTC.

Mr. Ramsy was the host from Crypto Miners and Miss Juhee Lee, co-founder of Pocket Arena was our guest. She shared delightful knowledge and unique features of Pocket Arena.

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Segment 1️⃣: Introduction

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

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 Miss Juhee, Welcome to our community 🤝

Juhee Lee:
Hi Ramsy, nice to eMeet you all!

Ramsy:
Hello There 👋

Glad to see you here
Thanks for bringing Us Pocket Arena❣

Juhee Lee:
very excited to join here. My name is Juhee, co-founder of Emoji Games. Emoji Games is the company behind of Pocket Arena

Ramsy:
Nice to meet you Juhee 🤝

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

Juhee Lee:
Yeah I am ready!!

Ramsy:
So let's see our first question from this segment..

Q1) Can you give a brief explanation about 'Pocket Arena' .What popped up in your mind to create such a platform in This Gaming Space?

Juhee Lee:
sure. Pocket Arena was actually ever started in 2012. If you see our Twitter history, the date is there in 2012

at that time, no blockchain, we were a tradiitonal mobile gaming developer and plaform developer (multiplayer games)

also Samsung Mobile’s long term partner

Ramsy:
Wow ,Impressive 👀

Juhee Lee:
but now Pocket Arena has evolved quite a lot and now it is a Mobile P2E Gaming Platform

we decided to make it as a blockchain gaming platform in 2017 and so this PA has some quite history

so in 2017 we got the FINMA approval as a utilty token for our token POC

FINMA is the Swiss Financial Supervisory Authority like SEC in the US

at that time, we were really early and then we had other non-blockchain gaming projects. so we did not really push for it. Actually in 2018, our CEO had a meeting with Animoca Brand in HK and he actually give some presenation about blockchain gaming

so we started to be more confident about blockchain gaming since 2018 and start to make our games as blockchain gaming

Coming from a traditional backgroun of mobile gaming since 2005, it is not really easy to take this new concept of P2E but I am glad it worked out

Ramsy:
Cool 👍

Thanks Juhee for this brief introduction about Pocket Arena

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

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

Juhee Lee:
ok. We have been focusing on HTML5 games for many years and we have realised that this HTML5 is very independent from any other platforms which is a great fit with crypto. so all our games are working on brower. Platform agnostic

even though we also support Apps (Android and Iphone is coming soon)

our vision is to make this games easy for everyone and trustable

so we use DLT (private blockchain) within our gaming apps. and then users can withdraw it to POC

but I think our biggest strength in this industry is that our games are quite addictive and high quliaty. even though it is not a lucrative 3D games like Sandbox

we believe in order to make P2E games sustainable, the quality has to be there.. otherwise it becomes like a ponzi scheme

so actually I think Play And Earn is more correct. than Play to Earn personally I think

Sandbox looks really cool, but game is not there yet

gaming development is really long term project…

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

Juhee Lee:
well.. our dedicated international team of 40 people have been with our company long time.. Average employement period is 8 years

we went though up and down for many years together so this kind of team work, can’t really be built for a short time

we can say we are the veteran of this mobile gaming industry and now also in the blockchin gaming

so that could be our success so far 🙂

Ramsy:
Sounds Good 👌

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

Juhee Lee:
https://whitepaper.pocketarena.com/white-paper/poc_metrics

here is the tokenomics you can see more details. briefly to say POC willl be used as a unique cryptocurrency to purchase our NFT items in Q1 2022

currently our P2P market is via credit card.. which has an advantage and disadavantage..

maybe there are more disadvantage.. becuase currently there are quite fee from the credit card company and dispute issue

if anyone claimes the card got stolen, we need to give refund. that’s why there is 6 weeks waiting period to withdraw

but once it is replace with $POC, there will be no waiting and much lower fee

there will be the biggest use case for POC and also we are working on the staking program of POC

as you can see from the tokenomics, there are various use to boost this economy.

btw, we also are working on the Metaverse - NFT Town Center within our virtual map (Luzern, Switzerland)

this will go live also in Q1 2022

https://support.pocketarena.com/blog/pocket-arena-evolves-into-esports-based-metaverse/

Ramsy:
We're eagerly waiting for that 🥂

Alright, now let's see our last question from this segment...

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

Juhee Lee:
sure. as mentioned earlier, for Castle Defense, we started to develop since 2018

For Pocket Arena, we had to amend many times to really fit into market since 2017 ( much earler time is in 2012). We have more prouducts to be lined up in 2022

we don’t want to make promise for the detailed timeline.. because we releaised many people critizie when things get delayed

but actually lots of our line ups are already developed about 80% over last few years. we need to cusotmise some into blockchain

we have published all our plans in our White Paper. so please have a look. we are more than a game developer, but develop platform

as well as gaming.

We are a profitiable company so we are more concerned and prepared for our long term plan. We are on the right track achieving it one by one

Ramsy:
Thanks for that well detailed introduction about Pocket Arena:)

That's the wrap up of our the first part of the AMA session ✅

Let’s now proceed to the Twitter Questions segment

Juhee Lee:
sure

Ramsy:
I hop you're ready for that!!

Juhee Lee:
ready!

Segment 2️⃣: Twitter Questions

Ramsy:
1) To be an e-sport portal games, one important thing is have a large number of community in your ecosystem, so how you spread awareness about Pocket Arena portal games? beside AMA session today, is there any Airdrop campaign to generate more interact from outside?

Juhee Lee:
ok regarding airdrop, we are not considering this common airdrop.. it would be a easy way for marketing but it can be some kind of betrayal to our gamers

our gamers play a few hours to earn POC. if we just release POC without any efforts, that is not that our community wants

we are working on more aggressively in marketing now.. our daily active users are 10K already

so I think it is just a matter of time how PA get spread.. it will follow. Also we are working on listing on CEX

so that’s the reason we are doing this $POC trading competion to increase our traffic volumn

Ramsy:
2) I see that your $POC tokens were once deployed on the Stellar Lumens (XLM) network. What was the reason why have you migrated and transferred from XLM network to ETH and BSC? Was the XLM network not enough for your project's needs?

Juhee Lee:
Good question. Yes we have the classic POC which was under XLM and we had run this Stellar node

and we changed into Hyperledger Fabric to make it no fee, but there is also a bit issue because this is private blockchain

even though our traffics within game is quite big, it doesn’t show externally. So we are actually working on a Side chain like Ronin

Regarding this Sidechain project, which is a huge one. We will make a PR sooner or later

POC runs under BSC/ETH but our games and NFT Castles are under Hyperledger

Ramsy:
3)Is POC gonna be the main currency of the game?
How do you ensure that a physical asset and the associated NFT remain connected?
How important is the community to Your project?

Juhee Lee:
yes. POC is the only currency of Pocket Arena. Our other advisors and investors were asking to create two tokens like Axie.. but we did not

because we believe this has to be one currency in order to bring all the gamers into our one economy to grow together

for PA, players don’t need to have any Castles, they can rent them (even though renting nowadays seems to be difficult)

easy entry for anyone

that is our vision to make it easy and trustable for anyone.

Community is THE most important for Pocket Arena. I believe the value of$POC will be decided by community

also these community should be well balanced out, I believe. the one who invests and the one who plays professionally

for PA, the top user countries are PH, VN, IN, KR, US. so far there are good balance

What do you mean by phisical asset btw?

Ramsy:
I think he meant 'Not virtual assets'

Real asset

Juhee Lee:
if I understood correctly, then gaming & metaverse is anyway digital world. and NFT is a kind of approved ledger for your digital assets

our gaming virtal world like land in Luzern, there will be quite some NFT items building towns and buildings and decorations

eventually our NFT castles and these items will be opend for external market

some talks are going on

we have set our Castle price as max 800EUR but once it is in open market, it will be limitless

Ramsy:
4)Talking about the security, As we know Nobody can guarantee the security of Smart contract. But Audit play an important role in finding out the known bugs of smart contract. Can you tell us how strong your security system? Have you done an audit by any third party before?

Juhee Lee:
we believe the best security is human. hahaha

so we did not automise the withdrawal process to make sure the all withdrawal are legit and correct (even thouh we did many parts, but final approval is done by our CH finance person.

that’s why it takes several days to complete and I don’t believe the automatic is the best solution in finance

but once we have this sidechain up and running, I think things will change

btw our smart contract is audited by Hacken and WELL SECURED

Ramsy:
5) As I know, strong backing and partnerships in the crypto market might bring huge benefits to new projects. During this point, can you tell us about the investors and partners of your project? What benefits to the "Pocket Arena" ecosystem do you expect from them?

Here's our last question from this segment

Juhee Lee:
https://support.pocketarena.com/blog/play-to-earn-nft-gaming-portal-pocket-arena/

You can see details of our backer annoucement. they are supporting massively in marketing and also advising. I am pushing harder nowadays!

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

Juhee Lee:
thanks !!

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

Shall we go Juhee?

Juhee Lee:
of course

Ramsy:
Here we go,

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

1)If anyone starts this game POCKET ARENA
What are the requirements to start with the game?

Juhee Lee:
Yes Anyoen can just start the game and start earning XP (XP can be exchanged into wPOC)

https://www.pocketarena.com/

You can just click one of the games you want! but Castle Defense, you can earn XP the most

2) Have pocket arena audited?

Juhee Lee: https://hacken.io/audits/#pocket_arena

here you can check the audit report

3) How to buy $POC?

Juhee Lee:
You can buy $POC at Pancakeswap

s.pocketarena.io/3xIKNsQ

For Axie, it took 3 years to be today for them.. I think for us, it won’t take 3 years but maybe one year since lots of developments are done already

we are just starting this journey

4) CherrySwap provides 50,000 USDT & 6,1000 CHE giveaways specifically for whom has bought CyberCat NFT Mystery Box, would you share more details, are there others opportunity for whom hasn’t?

Juhee Lee:
for us, it is the other way round

Getting our NFT Castle is a really big luck. so we plan to give lottery for those who stake POC to be able to purchase next map NFT Castles

5) What about Partnerships?

Juhee Lee:
regarding partnership, we partner up with each communty builder like Guild Manager

we are recuriting 99 guild managers. The guild manager can make quite some profit from our revenue share coming from land tax

it is their own business and we support. We also allocated quite some POC token for guild supports.

Also we are planning to partner up with esports broadcasters in diffierent languages

so the application posting will be out soon

important the guilds fights and PvP battle will be broadcasted in different lanugages. Ultimately we pursue esports in metaverse

*This segment ends here*

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

Juhee Lee:
Thank you Ramsy for your support. Very much appreciated

for more questions, you can always ask in our TG community

Thank you!!

Ramsy:
Time To Conclude Our AMA Section
Best of luck for the future 🚀🚀

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

Telagram: http://t.me/swisspoc

Twitter : https://twitter.com/pocketarena

Website: http://www.pocketarena.com/

Discord: http://discord.link/PocketArena

Medium: Pocket Arena - Play to Earn NFT Gaming Platform

LinkedIn: https://www.linkedin.com/company/emojigames

YouTube: https://www.youtube.com/pocketarena

Instagram: https://www.instagram.com/pocketarena/

Facebook: https://m.facebook.com/PocketArena