AMA Recap — Nest Arcade
The session of AMA ( Ask Me Anything ) with Nest Arcade was conducted on 23 Feb 2022 at 3:30 PM IST (10 AM UTC) and lasted for 1 hour.
ADMIN ROUND
GA from Nest Arcade has joined us for this AMA session.
Jonty|Host
Please tell us about yourself and the team working on Nest Arcade?
GA
I am the co-founder and CTO for Nest. My background
is originally in artificial intelligence, mathematics and computer science. I worked in tradfi as an
algorithmic trader for a couple of years before going full-time crypto. I first started developing smart contracts on Solidity before moving to Solana.
Tye is the other co-founder, lead product developer and marketing strategist for Nest. Tye specializes in ABX (Account-Based-Marketing) for both B2B and B2C acquisition. On top of that Nest currently has 13 full-time developers (backend, web, game development, blockchain, app dev) and 2 game animators and designers.
Jonty|Host
What is Nest Arcade? Please provide a detailed introduction.
GA
Nest Arcade is an NFT x P2E arcade on Solana. Nest is the first product of this type on Solana, it fills the gap in P2E gaming by making it effortless and enjoyable to a wide net of users. Nest will launch on mobile and will allow players to select games from a wide variety of easy to play mobile games. Thus removing any friction in P2E. Users will be able to earn tokens by playing solo but also by betting their tokens in tournament modes. Nest envisions becoming the “App Store” or “Netflix” of P2E gaming and inviting indie developers and 3rd party gaming companies to come into the Nest ecosystem. On top of that Nest will feature its own NFT marketplace and launchpads. Most games on Nest will be NFT compatible
Jonty|Host
Can you please tell us about it’s features and Utility? And about the launch date and launchpads.
GA
Nest will arcade will be free to play. Anyone can start using the platform without any initial investment. Players will earn rewards in $NEST token. They will be able to use NEST to unlock additional playing time, buy power-ups and take part in tournaments. NEST will also be usable to buy NFTs on our marketplace. NEST staking will also be made available to users to receive a percentage of platform fees and in the form of liquidity pool staking on raydium
Jonty|Host
Tell us about the Nest Arcade P2E and NFts? Also share your Roadmap.
GA
Nest Arcade has released the first collection of NFTs in November called MetaBirds, and we’ve released this week our demo MetaBirds game for our holders. At the time of writing MetaBirds NFTs have returned X5 since mint.
We will be releasing one more collection in the next few months. All our NFTs will be playable on our platform and come packed with advantages like revenue sharing and increased game rewards.
Regarding the roadmap:
Q1 2022
MetaBirds Launch (Holders)
Token IDO
DEX + CEX listings
$NEST Staking
Nest Arcade App Beta
Q2 2022
NFT drop
#Release of the desktop platform
Gaming NFT marketplace
Multiplayer Support
Nest Tournaments
Q3 2022
Nest SDK for indie developers
NFT support across multiple games
NFT launchpad
Large acquisition campaign on all socials, gaming guild,
twitch sponsored competitions
Extend partnerships with NFTs and Metaverse projects
3 new nest arcade games
Extend CEX listings
Q4 2022
Nest’s incubator — Bring web2 games into Web3
3+ New nest arcade games
Publish indie developers' games on Nest Arcade
NFT drop #3 with AR support.
Our IDO will be from March 2nd to March 6th on Solanium, Starlaunch, Trustpad, Oxbull, Moonstarter, Solster. Listing will be on March 8th on Raydium and MEXC.
TWITTER ROUND
- One of the limitations of some P2E games is that they require a high initial investment to start playing, many of which are very expensive. Can we start playing fishingtown with a small investment? Will there be any discounts or benefits for early adopters?”
GA
We are very aware of this problem and we believe anyone should be able to start earning crypto without making a huge investment. That’s why Nest Arcade will be free to play. Holding NEST tokens and NFTs will unlock additional advantages, but anyone will be able to start using the app without making an investment
- Every Platform Created In the Crypto World Has Introduced the NFT into their Platform But these Do not Provide Profitable Use Cases of the NFTs , So What are the Advanatges of Your NFTs and Why Users Should Buy it , tell me Some benifits of it?
GA
Nest NFTs will allow users to receive a share of the platform's daily fees and rewards paid out to players. You can earn passive income with NEST nfts. On top of that playing with NFT will allow you to earn more rewards in the game and we will hold special tournaments and events for NFTs holders
Trust and security are very important in any business, what makes investors, customers, and users safe secure when working with your project?
GA
Nest only uses audited smart contracts and always follows the industry's highest standard of security practice. As such we’ve onboarded with Fireblocks to manage users’ tokens. We also have 2 QA engineers in our team, dedicated to finding bugs and flaws with our product. On top of that, we will be holding bug bounty programs.
COMMUNITY ROUND
Royce Wise
Can you briefly describe your PARTNERSHIP so far and upcoming partnerships?
GA
We have established partnerships with other actors of the NFT community, such as FatMonks that will be playable on our platform and ALtura NFT to build an evolutive NFT collection. We will also be announcing partnerships with gaming guilds closer to the release of our app
Raza
Is your NFT available for buy now? What are the nft marketplaces we can trade? On what blockchain will you launch it?
GA
Our first NFT collection, Metabirds, is on Solana blockchain and can be bought on Magic Eden https://magiceden.io/marketplace/metabirds
Thâỳ lộc đây
Can you tell how much you value your community and holders and what role they play in some of the major decisions.?
GA
The strength of any project is the strength of its community. We value tremendously our community and involvement in all decision making and ask for regular feedback from them.
Quach Thi Mai
What is the minimun amount to invest?
GA
The minimum amount on launchpads is usually 100$, but there is no minimum on MEXC and Raydium.
Wiliam Dane
What do you think is the strongest point about your project?
GA
Our strongest point is our convenience and ease to use. We target a very broad audience thanks to our hypercasual mobile games integrated in a play to earn ecosyste.
Maria Linder
Also all the links to all your social media platforms if possible? And,which exchange is it available?
GA
Indian Telegram: https://t.me/NestarcadeIndia
Website: https://nestarcade.io/
Whitepaper: https://docs.nestarcade.io/
MetaBirds: https://nestarcade.io/metabirds/
Twitter: https://twitter.com/TheNestArcade
Telegram: https://t.me/nestarcade
Trading will be live on Raydium and MEXC on March 8th
Hengky
what are the steps to become a part of ? Where do we buy, where do we sign up? This looks like an amazing project!
GA
We don’t currently have an ambassador program but we will be running a referral program closer to the app release in April. Users will be able to win money by referring friends.
The AMA recorded many great questions from the Crypto Players India community, as well as meticulous answers from our guest GA from Nest Arcade. AMA Concluded at 4:30 pm IST.
About us!
CryptoPlayers is one of the oldest & largest crypto communities in India since early 2017. We are a group of 25000+ telegram members and growing.
