AMA Recap: CRYPTO MINERS X VIRTUE ALLIANCE
Virtue alliance is a decentralized autonomous organization (DAO) that focuses on the players. They develop the best tools for players in the metaverse to realize their peak performance. Connecting them to a suite of operators, analytical insights, educational material, and more.
We hosted an AMA session with Virtue Alliance on 1st September.
Mr. Ramsy was the host from Crypto Miners and Mr. Zac and Mr. Dan, co-founders and Mr. Sam, Lead Developer of Virtue Alliance was the guests. They shared delightful knowledge and unique features of Virtue Alliance.
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Segment 1️⃣: Introduction
Ramsy | Crypto Miners:
To help us learn more about Virtue Alliance We are lucky to be joined By Mr. Zac, Mr. Dan, Mr. Sam and Mr. P. D.
ZP:
Hello everyone — Nice to be here 🙂P D:
Hello everyone
Ramsy | Crypto Miners:
Hey Guys 👋
Welcome Here
Thanks For Joining with us today ❤️
ZP:
thank you for having us!
Ramsy | Crypto Miners:
First of all Can you Guys Introduce Yourself?
ZP:
Sure sure, I’m Zac. Co-founder of Virtue Alliance DAO. I have a background in Guild management, gaming and software as a service for over 10 years as well as an early investor in the crypto spacedhk:
Nice to meet you, all! Co-founder of VA; background is Product Management, Ventures and also abit of Data Science here!Been investing in the space since 2014 :-)
P D:
I am P D, Lead Dev of Virtue Alliance DAO. Got a background of a software engineer and been into the crypto space since 2015.Samy:
Hey guys, my name is Sam, awesome to have so many people in here. I’ve been working in IT for just about 10 years now,
mostly working on system and data architecture.
Ramsy | Crypto Miners:
Nice to meet you all 🤝
Now let’s start our Project Introduction Part if you guys are ready!!
dhk:
ready!ZP:
sure thing 🤝
Ramsy | Crypto Miners:
So let’s get started 👍
1)Make a concise and brief introduction about Virtue Alliance. How it is playing it’s role in this space?
ZP:
Virtue Alliance is a DAO that focuses on the players (gamers). Our mission is to help gamers and managers realise peak performance through a combination of specialists, operators, and analytics which we’re building into a comprehensive platformdhk:
as Zac mentioned here as a brief glimpse into what VA is; we are a guild but also a platform that with the ultimate outcome of making onboarding to web3 games or web3 projects as easy as signing to an emailwe will be a guild, platform and infrastructure
end to end management is our goal
Ramsy | Crypto Miners:
That’s a great start Dan 👍
Now let’s see our second question from this segment
2. What are the features of Virtue Alliance that makes it superior and special as compared to its competitors?
Samy:
Let me answer this one
Ramsy | Crypto Miners:
Go ahead 👍
Samy:
Virtue Alliance has 2 core concepts, one is obviously our gaming guild which provides players the ability to play and experience the most anticipated games in web3. The second and most important is the infrastructure being built to support this. Guilds currently rely heavily on manual processes, which Virtue Alliance is removing with an automated On and off ramp payment system, NFT bank for players and managers and training content that is recommended based on the insights and analytics being tracked based on the players performance.All of this is tracked within our state-of-the-art analytics and insights module. On top of this, tournaments will be hosted with the platform to earn not just currency, but tangible experiences and items. There is also some other cool features like questlines that we’ll be building in to keep people engaged across all of our partnered games and as well as tools to help you collaborate with your team.
Ramsy | Crypto Miners:
3.Can you provide an overview on how Your Platform is being used? and also what are the incentives That Virtue Alliance provide to users choosing your Platform?
ZP:
For sure I’ll take thisThe platform initially will be used to help connect players to experienced managers, and vise-versa. From here, its going to help the community ramp into the world of web3 gaming from fiat, and easily off ramp partnered card providers. All of this will happen in the single platform. From here, the automated distribution of NFTs will help players access items that typically, can be very difficult to get.
in terms of incentives
Using the platform will provide access to exclusive tournaments, trainings from top gamers around the world and tokens that can easily be staked and allow for voting into decision both VA and our partners. We also plan to offer out some awesome rewards for participating and winning tournaments like meet and greets, entry to conferences around the world etc. So an array of different things
Ramsy | Crypto Miners:
Sounds good 👌
4. Now tell us about the native token $VA , what are its usecases and utilities in Your ecosystem? Also provide us with the tokenomics
Samy:
Let me answer this oneOur token which will be open for Public sale by the end of 2022 will be used for a number of things within the Virtue Alliance platform. Holders of the token will have voting rights for proposals we put forward, which will help guide us into what games the community would like to be a part of.
We’ll also be releasing staking features build into the platform to help provide stable income but also using the token to get access into exclusive tournament and events (which will essentially burn those tokens) along with the ability to have tailored training sessions with e-sports players within the web3 community.
Tokens will also be distributed to players/managers for participation in the VA ecosystem and for achieving certain milestones, completing daily quests, achievements, etc as part of our rewards program.
Ramsy | Crypto Miners:
Let’s move to our last question from this segment
5. What Virtue Alliance achieved so far and what important updates and developments we’ll get in coming future in Virtue Alliance?
P D:
I will answer this oneBuilding up strategic partnerships with Animoca, Com2Us which allows us easy entry into some of the most anticipated games was a great achievement on our end as well as the partnership we’ve built up with Forumpay for easy crypto to fiat conversion.
We’ll be aiming to complete the alpha of our platform for a select number of managers and their teams to come in and use, provide feedback and experience the platform.
From there we’ll be looking to move to a more comprehensive Beta version that will include for a larger number of managers and players to come in and provide similar feedback but also stress tests.
Ramsy | Crypto Miners:
Thanks Guys for this well detailed introduction about Virtue Alliance ❤️
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 guys are ready for that!!
ZP:
les do itdhk:
ready to go
Segment 2️⃣: Twitter Questions
Ramsy | Crypto Miners:
1)At Virtue Alliance, the goal is for anyone to seamlessly enroll as a scholar in the P2E economy through our self-service platform. so how exactly does it work? In what way the system in the P2E economy to manage academics can be a very beneficial system for unions and managers?
Samy:
Enrolling as either a player or a player manager will be as simple as creating an account on our platform. Managers will have the option to generate affiliate links, through which they will be able to recruit new players to join their team and expand their own sub-guild inside the virtue ecosystem.Players on the other hand will have the option to select the team they want to join and be approved for that specific team by it’s manager or automatically be assigned to an existing team looking for recruits.
As for academics, there will be mandatory trainings that need to be completed, before a player enrolls for playing a certain p2e title. After those are completed, an account will be created for them for that title and they will be able to request NFTs from the virtue marketplace, that they would like to play with.
Ramsy | Crypto Miners:
2)Could you clarify how the Virtue Alliance Dao method works, given that your platform employs a visual approach? How does it differ from other systems utilized in the game business, such as P2E or other methods? Are there any advantages to a visual system?
dhk:
When we talk about visual approach — majority if not all of the web3 and even web2 games give you insights into how you have performed and how you could of performed better.The virtue alliance platform will change all of that by tracking your performance and providing a visual charts for you to compare against both your team and players around the world. Eventually, we will be building in comparison charts to e-sports player so you can understand how they approach a certain game.
Not only this — we will have an analytics and insights component within the platform; for the data seekers out there — this could be things like; taking axie for example; during what time of day are different types of axies playing
giving our players/gamers the ability to see and compare their axie types against the data; and in return giving a higher chance of victory if not battling during those hours
Ramsy | Crypto Miners:
3: Marketing is an essential element of every project, so everyone knows the potential that a project can generate. What is your strategy to attract new users and investors and maintain it in the long term?
ZP:
yeah good questionWe believe in building a strong community through transparent communication from the team. Focusing on natural growth of the community is key as well through social channels.
To attract new players, we’ll be hosting games first, prior to their release, as well as hosting tournaments with prizes that can only be accessed via the Virtue Alliance platform
Ramsy | Crypto Miners:
4)What is the most ambitious goal of your project? What is the main vision that your project wants to achieve in the market cap market? I would appreciate it if you could share with us upcoming updates?
dhk:
The most ambitious goal of the project is to create a bridge between the web2 and web3 worlds so that people can interact with both of the worlds without the need of having prior knowledge about blockchains and wallets. Eventually people should be able to join in and play games in the web3 world the same way they play a web2 game.For updates — you should follow our Twitter; as it has the most relevant news and sneak peaks of our development coming in the future.
Ramsy | Crypto Miners:
5: Trust is very important in business. So, what makes investors, customers and users feel safe when working with #VirtueDAO? And how will you get the trust of many users that have negative thoughts about Blockchain and DeFi?
dhk:
So, previously before we were a DAO — we were operating as simply a community; we built it upon trust and loyalty (which I think are key for a successful porject).We want to keep these morales going forward as we evolve into a DAO; also — if you see in our website; you can see we have the trust from some of the top investors in the space that are well respected; and angel investors too.
They believe in our vision and we are truly trying to build a platform that will empower gamers and players; but also educate them in the way of blockchain; so we can change their mind about the space.
Ramsy | Crypto Miners:
That’s the wind up of our twitter segment
Now moving to the Live Section
Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and Miners sent hundreds of questions. Guests choose some best to answer)
1) What’s the point of providing advertising services?
dhk:
we are creating advertising services because it will do a few things; firstly create revenue stream for the platform, organically create partnerships with games and any projects alikeit will bring users to the platform and also keep current users engaged; as they can see up and coming projects — that we will have exclusive rights too first
the method of how we will do it will also keep the VA token as utility; as it will be part of the advertising ecosystem
we will in some way have people who want to advertise in the platform; burn, stake or buy VA tokens in order to advertise
2) Virtue DAO is a platform exclusively for the peoples who play game in the crypto space. But, Can you tell me if you will be creating a space for the traditional games who don’t know about GameFi yet?
ZP:
The eventual goal of the Virtue Alliance platform is to bridge web2 and web3 games; even having web2 games being hosted within the VA platform. We believe this would be the first step in bringing traditional gamers across to web3 and increasing the player base of web3 games. Having games like Dota, Fortnite next to Axie, Nyan heroes etc is something we’re aiming to do in the future
3) We can exchange coins with the help of the Fiat system.
Can you tell us about this feature and Are the players having the P2P option to exchange their tokens with each other? What are the various ways to earn $VA token?
ZP:
We have created a strategic partnership with ForumPay, which will allow users to seamlessly convert the crypto they earn in to fiat and then spend it directly from their personal credit card / bank account.P2P token transfers through the Virtue platform is not something we have planned for v1, but after users withdraw tokens or fiat they are free to use them in any 3rd party services using their wallet.
As for earning VA tokens, there are a couple of ways to earn it- participating in the ecosystem as player or manager; completing daily quest and earning achievements; staking your tokens to earn more; winning virtue tournaments; other community rewards
4) I know that VirtueDAO is backed by huge names such as AmonicaBrands and QuantStamp. Could you tell us about the benefits of this backing to VirtueDAO in the short term and how will they aid in the long-term development of the project? Any surprises for the community?
ZP:
Animoca will give us direct entry into games that they have partnered with, not only this but we are part of their community of investors that ensures the longevity of projects. As mentioned previously, this will also allow us to have games on the VA platform prior to release to the web3 community outside of the VA platformQuantstamp will allow us to ensure the security of the platform and provide us tech audits. They have secured over 200b in value across systems they have audited which helps us and our community with confidence that the platform is secure and trustworthy
5) How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates
ZP:
The best and fasted way is through this telegram chat that will always get updated quickly alongside our social channels. In coming weeks/months we’ll be releasing a lot more content around the platform and how to get involed
https://discord.gg/virtuealliance
https://twitter.com/VirtueDAO
*This segment ends here*
ZP:
thank you all for participating
Ramsy | Crypto Miners:
Thankyou so much Guys For your valuable answers and information about Virtue Alliance
dhk:
thank you for having us!!
We appreciate everyone for their active participation. And to the AMA winners, we say a big congratulations!🥳🎊Stay tuned 🔥
Ramsy | Crypto Miners:
We Wish all the very best for Virtue Alliance And The Entire team behind the project❤️
Community, if you would like to learn more about Virtue Alliance, here are some useful links for you:
Website: http://virtuealliance.io/
Twitter: https://twitter.com/VirtueDAO
Telegram: https://t.me/Virtue_DAO
Discord: https://discord.com/invite/VirtueAlliance