Here’s our 226 AMA recap!
Thank you to the Infinity Chain for participating in Ask Me Anything (AMA) with ElementX 25 March, 2022. This guest star,
- Alex V — Operation Director
Introduction
Alex V,
Hello everyone from the CoinHub community! My name is Alex. I am the co-founder and operation director of ElementX.
Element’s development team is comprised of members of the top Korean gaming company.The majority of the teams have extensive experience in the traditional gaming industry, including game development, operation, and publication.
They are experts in both gaming and blockchain technology, combining the most cutting-edge gameplay content with the most cutting-edge crypto technology, thereby increasing the sustainability of the Earning portion.
We anticipate that a well-designed game will attract genuine players, new capital, and new hype to the crypto industry. This is why we started ElementX.
QUESTIONS MODERATOR
What is the basic game concept behind ElementX? Can you instruct how to “Gameplay Mode ElementX” and features available in the game?Alex V,
ElementX is an online MMO RPG based on BNB Chain and NFT, with fast-paced PvE & PvP combat, immersive stories, stunning landscapes, and more. Players can explore the world and find treasure, fight in the adventures, and play the PvP arena. Over a hundred heroes are up for recruitment. The game introduces rich content including the equipment, mount, mulltiple battle fields, and artifact systems.
What are the requirements to start playing ElementX? Also tell us about how many HERO, Race, Profession, Power, Rarity, Attributes Character or etc in ElementX?Alex V,
ElementX is a free-to-play NFT game so you can basicly start at anytime. Like all other RPG game, the player is representing the main character in the story. Here in ELementX, you can claim your main hero for free! And you will experience the game from the perspective of the main hero you choose.
Up tp one hundred different heroes waiting for you. The ElementX heroes are divided into rarities, racs, and profissions.
Rarity:
SS | S | A | B | C
Race:
Pyrosians | Phantoms | Frostborns
Professions:
Illusionist | Warrior | Doctor | Assist | Tank
Here I want to show you some of the heroes that I personally like the most😍
What is the ElementX token? What are the use cases in your ecosystem? What are the benefits of holding your token as long term investment?Alex V,
As we wrote in Whitepaper, ElementX platform has a sustainable dual-token economy system which maintains the value of the tokens by controlling the supply and demand by design.
$FIRE is the governance token for the #ElementX universe.
$ICE is a utility token for the ElementX gameplay.
In order to reward our $FIRE holders, we are planning for more application scenarios to achieve in the future. ElementX combines both Defi and gaming. The defi functions is already under development. Users can stake FIRE and gain veFIRE, with which they will earn more tokens and obtain the VIP privileges in the gameplay. VIP privileges will help players to better enjoy gaming and most importantly, earn more effectively.
Besides, ICE will always be in high demand because playsers need to use ICE to play PVE and level-up. Also, we will collaborate with different projects to create more use cases and possibilities for FIRE and ICE.
Can you shared ElementX roadmap? Any exciting news or updates with regards to ElementX that you would like to share with us here?Alex V,
Have a check on the ElementX roadmap
The following features are under development and will be release in the next phase:
- NFT Lending
— Royal Treasury
— Artifacts/Pets Cultivation
— Alliance & Horde System
— Defi staking & VIP system
— SSS Heroes & Equipment
I’m really excited about what will happen next!
QUESTIONS TWITTER
You said that ElementX is The Game includes on-chain game and off-chain game. Can you explain what they are? Why are you developing on-chain game and off-chain game? How will players experience the “on-chain game and off-chain game” feature?Alex V,
ElementX introduces a new operation system, that is to divide the game into two parts: the on-chain gameplay and the off-chain gameplay.
The on-chain and off-chain games contain different gameplay contents. The on-chain part only includes actions related to NFTs, including the hero recruitment (NFT mint), hero level-up (NFT transform), hero exploration (NFT daily draw), and assets transactions. While the off-chain part is the most part of the gameplay, including PvE combat, PvP fight, equipment system, etc.
This means most of the game dosen’t require players to interact with the blockchain and a lot of the gas fee can be saved. Also, seperating the game and keep most of the gameplay off-chain enables a fast and perfect gaming experience.
Earning in the game is important, but with me that having fun while earning is also important. To what extent does #ElementX focus on the entertaining aspects of the game? What measures are in place to help make the game suitable for everyone,including non-crypto people?”Alex V,
For most of the blockchain games, earning aspect weighed significantly more than the Gaming factors. While the ElementX team places a greater emphasis on gameplay, resulting in a high-quality gaming experience.
Check out this video about the game : https://t.me/InfinityChains/324164
A killing point is that, ElementX is available on both mobile applications and websites. So beginners can start from the website anywhere anytime, no APP download required. While users can get the best gaming expereince with the mobile application.
ElementX welcomes everyone to participate. No matter you are a crypto insider or outsider. We did a lot of work to make the whole gaming process to be simple and easy for the beginners. We will continue to do so. Our team believes that the core of a game is play, entertainment, and fun.
Researching about the #ElementX project I would like to know what are the functions of the $FIRE token within the ecosystem and what are the benefits for the community to buy and store this $FIRE token? What can the community expect from the project in the long time?Alex V,
Basically you will need to pay FIRE to recruit heroes. This is the largest consumption of FIRE. The level-up of heroes will also cost FIRE for higher levels. We will open the defi staking pool in the phase 2. Users can stake FIRE and gain veFIRE, with which they will earn more tokens and obtain the VIP privileges in the gameplay. VIP privileges will help players to better enjoy gaming and most importantly, earn more effectively.
I Want Know More About Your “ElementX” Game Play Can Tell Us, How Many Characters & Elements Are Available In Your Game? How Many Battle Modes are There? And How The Game is Designed, Also Which Ways We Can Genarate Profits Through Your Game?Alex V,
It is an RPG and players take the role of the youngest child of the Frost Kingdom. The royal family of Frost Kingdom has taken a crushing blow in the war between the Phantoms, and the player is the only royal blood left. This is where the story begins. There are over a hundred heroes in ElementX world. Players can play PvE, passive matching PvP, online 1&1 PvP, and multiple players PvP.
Can you explain the background of your “#ElementX_BSC” team? How will you and your team carry out this project during this current pandemic?Alex V,
The developing team of ElementX is from the top Korean gaming company, which has eight years of experience in game development and has developed a number of popular game apps on both PC and mobile. Our team also operated one of the largest gamer communities and has great experience and specialists on this.
QUESTIONS TELEGRAM
Do you have AUDIT certificates, or are you working to AUDIT your project, to make it more secure and reliable?Alex V,
We put security on the first place. We are partnered with the front tier safety agency — CertiK and the audit is in progress: https://www.certik.com/projects/elementx
On which your platforms tokens will be listed? And do you have plans of CEX listing also?Alex V,
For now the governance token of FIRE and ICE are listed on BabySwap. We are already in conversation with several top-tier DEX now. FIRE will get listed in DEX in the near future.
Token Burning is a good way to reduce the volatility of , which will have a positive effect on the price. Do you have any other plans to increase the price of Token ?Alex V,
Yes! 60% of the ICE we received from users will burn, for example from PvE ticket or Mining arena ticket. For now there are 5,881,908.2, which is over 21% of the ICE total supply is now burnt!
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