AMA Recap — GameStar Exchange
The session of AMA ( Ask Me Anything ) with GameStar Exchange was conducted on 27th October 2021 at 5:30 PM IST (12 PM UTC) and lasted for 1 hour.
ADMIN ROUND
I welcome you on behalf of Crypto players India team, hope you will enjoy today’s AMA session.
Very excited to have you with us.😊
Jonty|Host
Please tell us about yourself and the team working on GameStar Exchange?
Kamil Boruszkowski
I’m Kamil, Chief Strategy Officer here @ GameStar. I have a lot of experience in centralized game item markets and ways in which one can arbitrage them for profit. Our CEO is Joshua who is a former director @ Paxful and have a lot of experience in the crypto space. We have Justin which is our Chief Digital Officer — he’s a nut for NFTs, play-to-earn, and the metaverse. furthermore, we have Dev our CMO from Blockwiz and Emmanuel our Customer Relations Manager.
Jonty|Host
What is GameStar? Please provide a detailed introduction.
Kamil Boruszkowski
GameStar Exchange is the world’s leading decentralized P2P trading platform allowing users to trade their gift cards, game items and or NFTs for cryptocurrency. we’re the first in the market to decentralize the P2P gift card trading process.
Jonty|Host
GameStar announced their IDO on 27th October which would be happening on 3 platforms. Please share all the details with our community.
Kamil Boruszkowski
Sure. It’s actually 4. 3 today on the 27th (PolkaEx, DuckStarter, Lightning) as well as DAOStarter tomorrow.
for more information on how to participate, visit: https://www.gamestar.exchange/gamestar-exchange-ido
we have recently finished our PolkaEx IDO and sold out in 18 minutes! so we sure to reserve your spots quickly :)
Jonty|Host
What accomplishments GameStar has made so far? Also share your upcoming plans?
Kamil Boruszkowski
Funding rounds completed, the platform is ready and in testnet (v1 with gift card <> crypto), partnered with currency.com, egoras, netvrk, sugar bounce, Gamestation. upcoming plans for v2 include integration p2p game item trading for centralized items (CSGO, World of Warcraft, Runescape) as well as our NFT marketplace specializing in-game item NFTs + metaverse.
TWITTER ROUND
One of the main disadvantages of virtual stores is the lack of payment methods with cryptocurrencies, can you please tell us in which type of markets the GameStar Gift Card will be compatible and how can we buy it? Will it be all currencies accepted?
Kamil Boruszkowski
This question is a little messy haha . gamestar itself does not have its own gift card, we simply allow users to trade their gift cards (Amazon, Google, iTunes) for cryptocurrency through a decentralized smart contract model with no centralized asset custody. BUSD is the primary currency used to be able to perform these transactions. with the implementation of other cryptos added on-demand / through DAO voting. as for currencies of gift cards, we support all currencies (Amazon USD, CAD, CNY etc).
GameStar aims to unlock immense DeFi opportunities through cross-chain interoperability of major chains. But only the main chains? How much do you want to expand interoperability in the future? What are the main chains that they run and how do they allow a decrease in rates?
Kamil Boruszkowski
Once again, Polkadot.
layer zero is connected to all chains. so expansion is up to imagination, requirements and so forth. so erc20, bep20, cardano and solana for now.
COMMUNITY ROUND
hiphop 1
PARTNERSHIP & COLLABORATIONS are the backbone in making every project more widespread. Can you list some of ur partners with us?
Kamil Boruszkowski
Netvrk: https://www.netvrk.co/
Egoras: https://egoras.com/
GameStation: https://www.gamestation.io/
SugarBounce: https://sugarbounce.com/
Netvrk for metaverse land + ultimate expansion, egoras for microlending, gamestation for indie game NFTs, sugarbounce for adult (18+) NFTs.
Bukhar
How important is the community to you? and how can we collaborate or help you for the development of the project?
Kamil Boruszkowski
community is everything in pure DeFi. since we will be transferring ownership entirely to the DAO, the community runs the show. power to the people! collaboration/help would be mainly in finding artists currently who would be willing to create some custom game NFTs/artwork for us. otherwise, follow us on all socials and be active! spread the good news :)
Lucy Chan
Which one of these aspects is important for you?
1-Increasing Token Price & Value
2-Empowering Platform Development
3-Building Community Trust
4-Expanding Partnership Globally.
In what order?
Kamil Boruszkowski
3, 2, 4, 1
community trust is #1 in a DeFi project. expanding the platform to incorporate all game related p2p-able items is critical for achieving market saturation. token price will follow when the first three are done right :)
M B
A recent hot topic has been that GameFi platforms are not easily accessible as it may cost users hundreds of dollars to get started, how have you lowered the barrier of entry?
Kamil Boruszkowski
ETH is synonymous with high gas fees however we are on BSC which carry very minimal fees for all transactions.
SPEED
NFT is a hot topic right now, but NFT isn’t just for art. Does your project think there will be many NFT use cases? Why should we take NFT seriously?
Kamil Boruszkowski
NFT art is the tip of the tip of the tip of the iceberg. for instance you could buy a concert ticket as an nft, enter an arena with NFT pass , buy a gift card and convert it to crypto / nft among many many more.
we have our TGE tomorrow first on 1inch and then on Pancakeswap starting @ 14:00 UTC !
Socials:
Homepage: https://www.gamestar.exchange/
Telegram: https://t.me/GamestarExchange
Twitter: https://twitter.com/GameStarXchange
Facebook: https://www.facebook.com/GameStar-Exchange-107641568133179/
Medium: https://medium.com/@GameStarExchange
Instagram: https://www.instagram.com/GameStarExchange/
Steam: https://steamcommunity.com/groups/GameStarExchange
www.gamestar.exchange (https://www.gamestar.exchange/)
World’s leading decentralised P2P trading platform | GameStar.Exchange
GameStar is a polkadot based platform that revolutionises P2P trading & supports BTC/ETH/BSC cross-chain transactions.
The AMA recorded many great questions from the Crypto Players India community, as well as meticulous answers from our guest Kamil Boruszkowski from GameStar Exchange. AMA Concluded at 6:30 pm IST.