{"id":40396,"date":"2022-07-21T14:26:06","date_gmt":"2022-07-21T11:26:06","guid":{"rendered":"https:\/\/blog.coinmuhendisi.com\/?p=40396"},"modified":"2022-07-29T20:32:38","modified_gmt":"2022-07-29T20:32:38","slug":"coinmuhendisi-genopets-ama-summary","status":"publish","type":"post","link":"https:\/\/coinmuhendisi.com\/blog\/coinmuhendisi-genopets-ama-summary\/","title":{"rendered":"Coinmuhendisi-Genopets AMA Summary"},"content":{"rendered":"

Coinmuhendisi-Genopets AMA Summary<\/strong><\/h4>\n

On May 26, 2022, as a Coin engineer, we answered the questions of Genopets, where we held the AMA, and gave information about the project and answering our JAYs, one of the founders of JAY. <\/span><\/p>\n

You can find the AMA content and details here<\/span><\/p>\n


\nFirst of all, the Genopets manager, whom we asked to introduce himself, conveyed the following:<\/span><\/strong><\/p>\n

I am JAY, one of the 3 co-founders of Genopets. At Genopets, I lead our community and partnership efforts. I’ve been in the web3 space for over 5 years before starting Genopets about a year ago. I’m really excited for the potential of the Stone to Win and GameFI needs to embrace Web3 en masse.<\/span><\/p>\n


\nAfter a little briefing, our AMA event continued with 5 questions directed by Coinm\u00fchendisi to the founder of Genopets.<\/span><\/strong><\/p>\n

Q1. What is Genopets? <\/span><\/strong><\/p>\n

A1.<\/strong> Genopets is a Free to Play Move to Win NFT Mobile Role Playing Game based on Solana that makes living an active lifestyle fun and rewarding. Genopets combines step data from the user’s mobile device with the blockchain Play-to-Earn economy, so players can earn crypto for real-life action as they explore the thriving Genoverse and battle Genopets. <\/span><\/p>\n

Think of your Genopets like a Tamagotchi or Pokemon that you take care of yourself. Paying homage to the nostalgia many of us experienced when caring for our Tamagotchi, cultivating and fighting our Pok\u00e9mon, or even raising our first real-world pet as kids, the emotional bond between oneself and their pet is a powerful motivating force. This emotional strength is the premise of the Genopets economy and is what makes our game unique. <\/span><\/p>\n

All players will receive a genopet for free and form a relationship with their pet through movement, customize it, upgrade it, level up and ultimately make their Genopet NFT more rare and valuable. Genopets is a Move to Win game, but more than just an app that counts your steps and gives you as many rewards as you want, Genopets relies on you forming a bond with your digital pet whose evolution and growth are inextricably linked. own. The game is focused on crafting and evolution rather than breeding and selling Genopets. <\/span><\/p>\n

Taking care of your pet while you take care of it is all about upgrading and customizing it to increase its rarity. At the end of each day, you accumulate your steps as a reward for being active throughout the day, and then you get Energy that you can use to do everything in the game, like converting Energy into KI Tokens, using Energy to level up. feed your pet, feed, feed and play with your pet and fight with other players.<\/span><\/p>\n

Q2. Genopets is free to play; everyone gets a free Genopet. How does this work to support winning in your game economy? <\/span><\/strong><\/p>\n

A2.<\/strong> One of the most important things we focused on when designing our game economy was how to make the game enjoyable and fun for everyone to play. Regardless of how much crypto they have or how knowledgeable they are about Web3. We believe GameFi has the opportunity to engage billions of gamers on Web3 through fun, entertaining, rewarding gaming experiences that teach gamers about Web3. <\/span><\/p>\n

That’s why we designed Genopets to be Free to play. After downloading our app, everyone will be able to call their Genopet for free and start walking. The steps you take will turn into Energy, which you can use to level up your pet and make it rarer and more valuable in the game. In the future you will be able to withdraw your Genopet from the game and sell it. Free to play and win. However, as with all free mobile games, there are ways to step up your game and increase your earning potential by purchasing items. <\/span><\/p>\n

At Genopets, the primary yielding asset is the Habitat, a home for your Genopet. Acquiring a Habitat expands your gaming possibilities. With this NFT you can generate power-ups (crystals) to speed up your game, convert the energy from your steps into KI tokens, further customize your Genopet and ultimately increase your earning potential. Find out more about our Dual Earnings Economy and how Genopets is free-to-play and earned here: https:\/\/medium.com\/@genopets\/the-dual-earning-economy-introduction-p2e-to-f2p-gaming-d78b72e48628<\/a><\/span><\/p>\n

Q3. With the growing popularity of many Move to Earn Spaces, how does Genopets work to differentiate itself from its competitors? <\/span><\/strong><\/p>\n

A3.<\/strong> We do not believe that every move made to win projects should be competitive; We’re seeing movement to win games that overlap and even integrate in the future. Especially about how Genopets is designed, it doesn’t need GPS to run outside, it’s free to play, it’s more about the experience of looking after your Genopets than how far you can run, Genopets contributes to your daily life.<\/span><\/p>\n

Compared to other moves to gain apps though, Genopets looks more like Pokemon Go than Fitbit or Strava. The focus of the game is built around the concept of owning a pet that you fight, take care of and level up by staying active, not how far you run or where you run using GPS to track your run outside.<\/span><\/p>\n

Genopets application will follow your steps while you stay active all day long, go to the mall, go for a run, or walk around your office, your Genopet is with you. Open the app and at the end of each day, rank your steps to turn them into energy. Use this energy for all your in-game actions like feeding, fighting, quests, producing and harvesting KI Tokens, or convert it into XP to level up and improve your pet.<\/span><\/p>\n

A reward for everything else you do during the day. You can even play other games to win games all day long, but when you walk you are also playing Genopets.<\/span><\/p>\n

Join our community and sign up for the beta:<\/span><\/p>\n

Public Beta Waiting List: https:\/\/genopets.me\/#connect<\/a><\/span><\/p>\n

Twitter: https:\/\/twitter.com\/genopets <\/a><\/span><\/p>\n

Discord: https:\/\/discord.gg\/genopets<\/a><\/span><\/p>\n

Q4. With the popularity of Play to Win and Move to Win Games, one of the most common questions is how to make the game sustainable. How do you build a sustainable game economy? <\/span><\/strong><\/p>\n

C4.<\/strong> Sustainability and enjoyment have been the guiding principles of our game design process. Beyond moving to win, Genopets is a fitness game. You can find more information about our game mechanics on our Litepaper: http:\/\/litepaper.genopets.me\/<\/a><\/span><\/p>\n

Genopets is a gamified version of an active lifestyle. Games require depth, character development, strategy and narrative to create taps and sinks that lead to a sustainable economy and an enjoyable player experience built on more than financial gain.<\/span><\/p>\n

Genopets isn’t about making money playing a game that can replace your day job, it’s about creating and rewarding players who lead an active lifestyle. Genopets is played passively throughout the day until you open the app to receive the rewards for your daily activity. This is not a tradeoff between your day job or even other games you do to win games.<\/span><\/p>\n

GameFi, Sustainability comes down to 3 things: <\/span><\/p>\n

1. People cannot play your game just to win.
\n<\/span>2. Players need options – Strategy and choice on incentive issues
\n<\/span>3. Players need to build a lifestyle, not a day’s work.”<\/span><\/p>\n

Q5. Tell us about the progress so far and what’s coming ahead of your general release this summer.<\/span><\/strong><\/p>\n

A5:<\/strong> Our first tweet was at the end of August last year. When we first released Move to Earn. Since then, over 200,000 players have joined our Private Beta waitlist and are on our community channels.<\/p>\n

With the participation of a number of professional players and athletes such as Fresh, Lachlan, Tobias Harris and Keisuke Honda, we closed our 8.3 Million Seed Round in October led by Konvoy and Pantera https:\/\/medium.com\/@genopets\/genopets-raises-8-<\/a> Between the physical and digital world bridge to build 3m-seed-round-financing-d884adc2cc97<\/span><\/p>\n

We launched mint games from 3 games to get Genesis NFTs. Recently a craft game where the community can play and mint their creation habitats as a reward for a 6 week treasure hunt. https:\/\/www.youtube.com\/watch?v=_V2pvXdUtdA<\/a><\/span><\/p>\n

The private beta was launched at the end of January. Until now, private beta access has been an advantage for Genesis Genopet owners. The first and only 3218 Genopets ever created.<\/span><\/p>\n

Over the past few weeks, we’ve opened beta access to a larger group of our community that we call DNA members, the most active dedicated members of our conflict. Join https:\/\/discord.gg\/genopets<\/a> to learn more and access the beta. <\/span><\/p>\n

We launched GENE Staking last week, over 5 million GENE, about 15% of the circulating GENE supply is currently staked. GENE Stakers will receive in-game benefits and an airdrop KI Token. You can find more information about GENE Staking here: https:\/\/medium.com\/@genopets\/announcing-gene-token-staking-1513e08ecbe<\/a><\/span><\/p>\n

Our next milestone will be the launch of the KI Token, our useful in-game earning token, in preparation for the game’s public launch this summer. Our next milestone will be the launch of the KI Token, our useful in-game earning token, in preparation for the game’s public launch this summer.<\/span><\/p>\n

 <\/p>\n

After the questions asked by Coinmuhendisi within the scope of the project and answered by Genopets, the questions of 6 people among Twitter users and Telegram users were selected within the scope of the event and the questions were answered by Genopets.<\/span><\/strong><\/p>\n


\nTWITTER WINNERS<\/span><\/strong><\/p>\n

 <\/p>\n

Q1. One of the problems with most play-2 win games is that there are too many coins in circulation. What is the @genopets token use case and how does it capture the value of the ecosystem you are building?(@Vikingscrypto11<\/a>) <\/span><\/strong><\/p>\n

C1.<\/strong> This is one of the main things that all web3 games discuss and try to solve. Finally comes sustainability. Players should enjoy the game as much or more than they earn from the game. This means that players must have choices and strategy in the game that allow them to decide between cashing out my game-earned coins or reinvesting those coins to enjoy the game even more.<\/span><\/p>\n

This is why Genopets is based on customizing and upgrading your pet. It’s a crafting and evolution game where you play by staying active and walking. As you take steps to become energy each day, you will have to decide how you want to spend that energy. You can use it to level up your pet for free, eventually make it rarer and more valuable, use the energy to care for your pet by feeding or playing with it, or spend it to get the KI token if available. a habitat.<\/span><\/p>\n

Acquiring a Habitat (a home for your genopet) expands your gaming possibilities. With this NFT you can generate power-ups (crystals) to speed up your game, convert the energy from your steps into KI tokens, further customize your Genopet and ultimately increase your earning potential. Crafting items allows players to craft NFTs using their KI Tokens, which they can use as power-ups for their Genopets or sell them to other players. This creates a market where players can potentially earn by creating NFTs that can be worth more than the coin they earn by walking each day.<\/span><\/p>\n

In Genopets, players will have to decide every day whether they want to withdraw the coins they earned from the walk for a short-term game or use their coins to expand their earning opportunities.<\/span><\/p>\n

Q2. What sets you apart from other moves to win a project? How do you see the future of move to win?(@Kbrairin11<\/a>) <\/span><\/strong><\/p>\n

C2.<\/strong> We do not believe that every move made to win projects should be competitive; We’re seeing movement to win games that overlap and even integrate in the future. Especially about how Genopets is designed, it doesn’t need GPS to run outside, it’s free to play, it’s more about the experience of looking after your Genopets than how far you can run, Genopets contributes to your daily life.<\/span><\/p>\n

Compared to other moves to gain apps though, Genopets looks more like Pokemon Go than Fitbit or Strava. The focus of the game is built around the concept of owning a pet that you fight, take care of and level up by staying active, not how far you run or where you run using GPS to track your run outside. <\/span><\/p>\n

Genopets application will follow your steps while you stay active all day long, go to the mall, go for a run, or walk around your office, your Genopet is with you. Open the app and at the end of each day, rank your steps to turn them into energy. Use this energy for all your in-game actions like feeding, fighting, quests, producing and harvesting KI Tokens, or convert it into XP to level up and improve your pet.<\/span><\/p>\n

A reward for everything else you do during the day. You can even play other games to win games all day long, but when you walk you are also playing Genopets.<\/span><\/p>\n

Q3. Today, there are many nft projects like Genopets, but I think genopets is the first nft project won in the world.(@Aliomerkzz<\/a>)<\/span><\/strong><\/p>\n

C3<\/strong>. Genopets is unique in that it is a player based game that connects with their pets. This is a proven game mechanic that has been around for many years when it comes to caring for pets. Even if we don’t have crypto in our game, I think people would enjoy walking around, leveling up their pets and fighting like a game, even without winning. This way we can be more sustainable in the long run. <\/span><\/p>\n

Genopets is a Move to Win game, but more than just an app that counts your steps and gives you as many rewards as you want, Genopets relies on you forming a bond with your digital pet, whose evolution and growth are inextricably linked. own. The game is focused on crafting and evolution rather than breeding and selling Genopets. Taking care of your pet while you take care of it is all about upgrading and customizing it to increase its rarity.<\/span><\/p>\n

At the end of each day, you accumulate your steps as a reward for being active throughout the day, and then you get Energy that you can use to do everything in the game, like converting Energy into KI Tokens, using Energy to level up. feed your pet, feed, feed and play with your pet and fight with other players<\/span><\/p>\n


\nAnd thus our AMA event2. section is over.<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Coinmuhendisi-Genopets AMA Summary On May 26, 2022, as a Coin engineer, we answered the questions of Genopets, where we held the AMA, and gave information about the project and answering our JAYs, one of the founders of JAY. You can find the AMA content and details here First of all, the Genopets manager, whom we<\/p>\n","protected":false},"author":4,"featured_media":40424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3468],"tags":[3469],"class_list":["post-40396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ama","tag-ama-etkinlik"],"yoast_head":"\nCoinmuhendisi-Genopets AMA Summary - Coin M\u00fchendisi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinmuhendisi.com\/blog\/coinmuhendisi-genopets-ama-summary\/\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinmuhendisi-Genopets AMA Summary\" \/>\n<meta property=\"og:description\" content=\"Coinmuhendisi-Genopets AMA Summary On May 26, 2022, as a Coin engineer, we answered the questions of Genopets, where we held the AMA, and gave information about the project and answering our JAYs, one of the founders of JAY. 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