Pet Kingdom x Im Community AMA Recap

TELEGRAM AMA: Im Community & Pet Kingdom 🐋
⏰ AMA Timing : 23 September 2021 l 01:30 PM UTC l 20:30 GMT +7
Venue For AMA : https://t.me/imcommunityitw

🎁 Reward Pool 100 USDT
Bà Tân | : Welcome @PetKingdomX from Pet Kingdom.

Bà Tân | : Welcome everyone. Today Im Community will host AMA with Pet Kingdom.

Bà Tân | : Today our guest is: @PetKingdomX from Pet Kingdom.

Bà Tân | : Please introduce yourself a bit: @PetKingdomX😃

Pet Kingdom : I’m Marketing manager from Petkingdom developer team

Pet Kingdom : I am very glad to be here introducing our project to the beloved Vietnamese community

Pet Kingdom : please feel free to ask me anything so I can explain in detail whatever you concern

Bà Tân | : Thanks for the introduction.

Bà Tân | : Today’s AMA will have 3 sessions

Sessions 1: The chat will be muted & the team will introduce themselves then we will ask some introduction questions to the team Pet Kingdom

Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1440590345218060291).

Sessions 3: The conversation will open to the community questions and the 5 best questions will be selected.

Bà Tân | : Requirements:

🗣Im Community (https://t.me/imcommunityitw)

🗣Pet Kingdom Official (https://t.me/PetkingdomOfficial)🕍 (https://t.me/PetkingdomOfficial)

🗣Pet Kingdom VietNam (https://t.me/PetKingdom_VN)🇻🇳 (https://t.me/PetKingdom_VN)

👉More information about Pet Kingdom :

🗣 Website (https://petkingdom.io/)

🗣 Discord (https://discord.com/invite/YhcVaEhAdM)

Bà Tân | : Don’t forget to join the group https://t.me/PetkingdomOfficial , https://t.me/PetKingdom_VN

Bà Tân | : Start session 1 AMA @PetKingdomX

Bà Tân | : Question1. To start today’s AMA, let’s introduce PetKingdom a little bit so that our community can better understand. What does PetKingdom talk about? @PetKingdomX

Pet Kingdom : PetKingdom is a Play-to-earn game based on the Binance Smart Chain platform. A game that was recently released publicly to the community. The game has stunning visuals that support the narrative, in which you play as the avatar of pet warriors engaged in battle on the Solar System’s planets.

Bà Tân | : @PetKingdomX Please say “Done” when you have finished the question, thank you.

Pet Kingdom : PetKingdom’s development team consists of talented, creative, enthusiastic, and industry-experienced designers. They made better use of their youth than the creators of other games had. A team has established and developed beautiful characters, a realistic and energetic gameplay background, and fascinating storylines.

Done

Bà Tân | : Question2. Can you share with us a little bit about the team that developed this project, especially their experience in this industry? @PetKingdomX

Pet Kingdom : The ultimate aim of establishing a unified play-to-earn market economy is to serve the community and players unconditionally. All development is centered on players, and all NFT-game development is centered on players joining the market. That is the goal and pushing reason behind the economy known as PetKingdom NFT- game.

About the experience, we have a strong base of Crypto knowledge as well as clearly research about NFTs before building the project. Moreover, we have an expert team of game producer who are major in game design, graphics design, characters design… We are also very confident about our marketing team who knows best about the customer segment of crypto market

Done

Bà Tân | : Question3. Every different project is developed from different initial inspiration and concept. What motivated you to create PetKingdom? @PetKingdomX

Pet Kingdom : Star Wars has a specific virality among the worldwide people, and its success has infused the PetKingdom team with positive energy. Our team has created a new universe, a pet kingdom that is always ready, in the spirit of loving peace, loving animals, and always wanting to bring more wonderful things and protect our beautiful earth. Fight to keep this galaxy secure.

done

Bà Tân | : Question4. Currently the competition in the GameFi environment is very fierce as we can see new projects born every day, every hour. What makes PetKingdom different and attractive to users? @PetKingdomX

Pet Kingdom : As you mentioned in your question, increased competition not only creates a wave effect that affects individuals worldwide. Additionally, it will act as a lever to encourage game creators like PetKingdom to work harder to create and develop a game as much as possible, and to keep increasing the company in addition to enhancing the game’s quality. Developing an excellent game brand in the GameFi business. Likewise, the fierceness has created a healthy market for the game’s community of players; they now have a multitude of options and access to many unique and productive projects.

done

Bà Tân | : Question5. Please explain more about Tokenomics and some ways to use $PKD in PetKingdom?@PetKingdomX

Pet Kingdom : Here is some basic information about the token:

Token Name: Pet Kingdom

Ticker: PKD

Blockchain: Binance Smart Chain

Token Standard: BEP-20

Contract:: https://bscscan.com/token/0xa7C97D58Cb980a701E3c6E4e6c45554Eeb9Aa878

Token Type: Utility

Total Supply: 20.000.000 PKD

Circulating Supply: Updating

Token Allocation

Public Sale: 30%

Liquidity: 25%

Development: 13.5%

Airdrop: 2%

Community: 1.5%

Gameplay Incentives: 28%

$PKD is PetKingdom’s unique currency; it is used for most of the trade, exchange, and rewards for winning matches.

$PKD is used to purchase an Incubator, which is used to open characters.

$PKD is purchased directly on the exchange.

Pancakeswap is the platform on which the project issues PKD tokens.

done

Bà Tân | : End of session 1

Bà Tân | : We will move on to session 2

Bà Tân | : Sessions 2: We will pick 5 Best Question from our members on Our Tweet (https://twitter.com/IM_Communityitw/status/1440590345218060291).

Bà Tân | : Question1. @Nguyenkiet340z

The trend these days is obviously NFT gaming — especially the ones with Play-to-earn system. I see that it’s one strong point of Pet Kingdom. Can you explain more about Pet Kingdom’s Play-to-earn mechanism?

Pet Kingdom : Very good question. The 6-map mechanism is the difference of our PetKingdom project. To understand the mechanism of PetKingdom, you first need to understand our Tokenomics as follows:

The Gameplay Incentives part that accounts for 28% (PKD 5,600,000) of the total PKD supply is the project’s bonus pool. Users will play the game and receive PKD tokens from the reward pool wallet.

This Incentives Gameplay is divided into 5 parts corresponding to 5 planets: The Earth, Mars, Jupiter, Venus and Mercury. Each planet will have a starting bonus pool of 1,120,000 PKD

To own Pet Warrior, you need to buy Incubator first. In each different planet, the Incubator price will be different, you can update the Incubator price on our website. Every time a new Incubator is opened, the revenue from Incubator sales will automatically return to the Reward Pool wallet and distributed to the planets according to the predetermined mechanism.

Current price:

+ The Earth: 200 PKD/incubator

200 PKD will be divided equally into the bonus pool of 5 planets: The Earth, Mars, Mercury, Venus, Jupiter (200/5 = 40 PKD + into the bonus pool for each planet)

+ Mars: 340 PKD/incubator

340 PKD is divided equally into the bonus pool of 4 planets Mars, Mercury, Venus, Jupiter (340/4 = 85 PKD + into the bonus pool for each planet)

+ Mercury: 570 PKD/incubator

570 PKD is divided equally into the bonus pool of 3 planets Mercury, Venus, Jupiter (570/3 = 190 PKD + into the bonus pool for each planet)

+ Venus: 950 PKD/incubator

950 PKD is divided equally into the bonus pool of 2 planets Venus, Jupiter (950/2 = 475 PKD + into the bonus pool for each planet)

+ Jupiter: 1570 PKD/incubator

1570 PKD is added directly to the bonus Pool of only planet Jupiter

done

Bà Tân | : Question2. @HuynhTriTrung16

Can you explain the difference in profit for players on each planet? We notice that the price of incubators is higher through each map. Will it make any obstacles for new players to join the game?

Pet Kingdom : Regarding the profit for players, please note that the reward for buying eggs from the first map will be divided equally among all 5 maps. The following maps, the revenue will not return to the first map. At the same time, the price of the incubator is getting higher and higher. This mechanism helps to increase the player’s profit through each map. Especially the Boss hunting map: The Sun

It should be noted that: When the conditions are met to open a new Map, we will stop selling Incubators on the old map. That is, the number of inhabitants of the old planet will forever be unable to increase.

Example: When Planet Mars opens, we will stop selling Incubators on planet Earth. No more The Earth Pet Warriors will be born.

This gives players who come in first or last have their own advantages.

+ For old players, they can choose Fusion NFT to gain entrance tickets to the new planet to play. Or stay to receive the remaining PKD in the reward pool (note that there is still revenue from Marketplace transaction fees)

+ For new players, they can still buy Incubator in the newly opened planet with a higher profit.

After all, all players can join the Raid Boss map for shared profits.

done

Bà Tân | : Question3. @TranReus

Currently, game developers can manipulate game, which prevents players from feeling really owners of their elements. Since many video games do not allow the exchange of items, shady markets are created with high fees. How does Pet Kingdom eradicate gloomy markets?

Pet Kingdom : We will release gifting feature which allow users to gift their characters to other account. This feature will be released within 2–3 days.

After that, we will also release the marketplace for trading NFTs, this will accelerate the trading in the game

done

Bà Tân | : Question4. @oGiaLinh5

People are always worried about the transaction speed because they worry about their transaction going to fail. How fast and secure is Pet Kingdome gaming platform? If the number of users spikes, will transactions on Pet Kingdom get congested?

Pet Kingdom : When combating in game, players do not need to worry about the transaction speed. It only happens when they buy/sell the PKD tokens. At that time, the congestion is based on BSC speed

done

Bà Tân | : Question5. @Hera2Chris

As far as I know, the project has 6 planets: Earth, Mars, Mercury, Venus, Jupiter, Sun in the game. Can you tell me what is the purpose of these 6 planets in Pet Kingdom?

Pet Kingdom : As many players care about the sustainability of the game, so we create that 6 planets mechanism. First of all, you need to understand the conditions to open new planet:

+ To open Mars map, the number of inhabitants of planet The Earth (total number of Incubators opened) needs to reach 35,000

+ To open the map Mercury, the number of Mars residents needs to reach 18,000

+ To open the map Venus, the number of Mercury residents need to reach 10,000

+ To open Jupiter map, the number of Venus residents needs to reach 5,000

+ To open The Sun map, the number of Jupiter residents needs to reach 2,500

The map opening time will be faster and faster as well as the higher profits for each planet.

We will set a real-time countdown on each map. When the data on the blockchain meets the set target, the system will automatically open a new map.

As the number of each planet is always limited, and will decrease if many users choose to fusion NFTs (burn NFTs) which will help protect the reward pool of every planets and players can earn from it for very long time

After all, players of all planets can go to RAID BOSS mode in the final map: The Sun

Players will participate in hunting Boss in the last map of The Sun. At this point, the player will continue to earn PKD even though the bonus pool here is not included in tokenomics. So where does the reward come from?

The Reward section on The Sun map comes from the character transaction fees on the Marketplace.

Our Marketplace transaction fee is 10%, distributed as follows:

+ 5% equally divided among the bonus pool of 5 planets: The Earth, Mars, Mercury, Venus, Jupiter

+ 4% added to the bonus pool of The Sun planet for Raid Boss mechanism

+ 1% for Development fund

With 4% reward from trading fees on Marketplace accumulated from the first day of the game, the amount of PKD in the reward pool of The Sun map will be huge and will bring a lot of profit to players.

done

Bà Tân | : Congratulations to the winners of session 2.

@Nguyenkiet340z

@HuynhTriTrung16

@TranReus

@oGiaLinh5

@Hera2Chris

Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @PetKingdomX 😃

Bà Tân | : End of session 2

Bà Tân | : We’ll move on to session 3

Bà Tân | : Sessions 3: The conversation will open to the community questions and the best questions will be selected.

Bà Tân | : Don’t forget to join the group https://t.me/PetkingdomOfficial , https://t.me/PetKingdom_VN

Bà Tân | : Thanks for the questions from the community.

Bà Tân | : Now let’s give our dear guest @PetKingdomX some time to go through them.

Bà Tân | : @PetKingdomX Pick the 5 best questions and answer it for session 3.

Q1. Q1

For any crypto project, 1% of its success comes from the idea itself. 99% comes from execution. I have seen many projects fail due to lack of expertise & understanding of how the cryptosphere works. Does have the qualified team needed to fulfill all your goals?

Pet Kingdom : Sustainability based on our 5 most important features:

1. Zero gas fee for each battle

2. Limited NFTs opened on each map, and people can choose to Fusion (Burning NFTs) to join new map when it opens

3. All NFTs can go to final map to fight with BOSS to earn. Final boss reward pool comes from the transaction fee on marketplace. Players which play hard to gain high level will have higher ATK which will be great advantages when combat in The Sun map

4. Food Store: People need to devote their effort to collecting food distributed each 2 minutes. The harder gamers play, the more food the collect => more battles => more EXP => higher Level => higher ATK

5. ATK will be the key to earn more in the final map and the New galaxy + Black hole which we mentioned above. Gamers who are lazy will earn less later. This will make the game much more sustainable

Q2. Can you tell us about your long-term plans? what are you doing? And what strategy will be used to expand globally?

Pet Kingdom : We have many communities in non-English speaking countries, such as the Philippines, Vietnam, Indo, Thailand, and so on.

Rather than training the user about the game PKD, our local mod team, they’re doing a fantastic job promoting PetkingDom, and you can join the local group not using English here:

Philippines: https://t.me/PetkingdomPH 🇸🇽

China: https://t.me/PetKingdomCN 🇨🇳

Russia: https://t.me/PetKingdomRU 🇷🇺

Vietnam: https://t.me/PetKingdom_VN 🇻🇳

Indonesia: https://t.me/PetKingdomINDO 🇮🇩

Thailand: https://t.me/PetKingdomThai 🇹🇭

Romania: https://t.me/PKKRomania 🇷🇴

Q3. Project development, the top priority is to have sufficient funds. Is your team financially able to carry out this project? Do you have sufficient funds for its development. Can you tell us how your project is turning a profit?

Pet Kingdom : Don’t worry, our backers are whales and we are ready to build a strong game for a very very long term goal

Q4. Is Your Project available for the global people or It’s limited for some area? If it’s globally available are you guies planing to introduce it globally?

Pet Kingdom : Currently, we have partnership with many big partners on the market:

1. Media: Dappradar, Playtoearn.net, listing coingecko/coinmarketcap, listing Nomics, Dapp.com. We also have many partners media globally such as BSCdaily

2. Review: We have contacted many regional youtubers to review and introduce our game as well as showing how to play. We will continue to work on this to spreadout

3. We have received many listing proposal from big CEX exchanges such as Huobi, Gate, Lbank, Coinsbit… We will have plan to list those exchanges. Secondly, we aim to MVB projects competition as well

Q5. 1-Increasing Token price 2- make Token Valuable 3-Building Community Trust From 3 aspects above. I want to ask, which one the most important for you?If all above are important for you, which one that Will you do first?

Pet Kingdom : To gain investors trust and attracting investors, sustainable profit as well as ingame experience upgrade is the best solution.

+ In-game experience: We have updated many battle effects gifs which can make the click battles more interested. In the near future, we will update more food images, music, sound effects, especially more new character designs to make each NFT an unique Pet of player

+ Sustainable profit: we have mentioned above the 5 core elements to keep the profits stable. But it will need more than that. We have detail plans for The New Galaxy Born as well as the Black Hole with second token. It will strengthen the economics of the game with a lot of interesting features.

We will sell Lands, resources, minerals in the new galaxy, people can earn by using their Characters to farm in the lands, planting electronic trees, staking for Vitality then sell

Bà Tân | : Congratulations to the winners of session 3.

@Jihad0098

@Farzad_2

@happyladybug167

@cdog123456789 ***

@rykameme

Bà Tân | : Thanks for the useful information from @PetKingdomX

Bà Tân | : End of session 3

Bà Tân | : For questions that have not been answered today, you can send them to @PetkingdomOfficial for answers.

Bà Tân | : IM Community, if you would like to know more about Pet Kingdom ! here are some useful links for you:

Official Website: https://petkingdom.io

Telegram: https://t.me/PetkingdomOfficial

https://t.me/PetKingdom_VN

Docs: https://docs.petkingdom.io

Discord: https://discord.com/invite/YhcVaEhAdM

Whitepaper (https://drive.google.com/file/d/1RUjKTHDJh3C8WdxXd0lD92GccapBMTiE/view)

Bà Tân | : Allright, I declare the Im Community AMA with Pet Kingdom has ended.

Thanks to @PetKingdomX | Pet Kingdom joined us and provided us with Pet Kingdom information, we hope that this knowledge makes us understand more about https://petkingdom.io (https://petkingdom.io/)

To the members, thank you for following this event to the end. winners will be announced soon.