Space SIP x IM community AMA RECAP
🐋TELEGRAM AMA: Im Community & Space SIP 🐋
⏰ AMA Timing : 04 January 2022 l 02:00 PM UTC l 21:00 GMT +7
Venue For AMA : https://t.me/imcommunityitw
🎁 Reward Pool 100 USDT
Speaker: Mr. AVIS- Communication Manager
➡️ The reward pool for the best 5 questions from Telegram is $50($10 Each) 💸
➡️ The reward pool for the best 5 questions from Twitter is $50 ($10 Each) 💸
Bà Tân | : Welcome @SIP_Avis from Space SIP ���
Bà Tân | : Welcome everyone. Today Im Community will host AMA with Space SIP
Bà Tân | : Today our guest is: @SIP_Avis from Space SIP
Ahrix : Welcome @SIP_Avis to the IM community.
Bà Tân | : Can you introduce yourself to our Im Community?
AVIS | SPACE SIP : Hello everyone, I’m very excited to be here today.
AVIS | SPACE SIP : My name is Avis, and I work with Space SIP as the Communication Manager. I’m responsible for monitoring all internal and external communications, ensuring that our team members, partners and our users receive clear and consistent messages. I have been working with multiple projects, especially those in the blockchain industry. This time, It’s my honor to be a part of the Space SIP team. And I hope that after today’s AMA session, I was able to answer the majority of your concerns.
Bà Tân | : Thanks for the introduction.
Bà Tân | : Today’s AMA will have 3 session
Session 1: Project Introduction
Session 2: Question From Twitter (https://twitter.com/IM_Communityitw/status/1477934230210367489) (will choose 5 question)
Session 3: Free Asking (will choose 5 question)
Bà Tân | : Start session 1 AMA.
Bà Tân | : Q1. Could you introduce yourself to the community? What is your role at Space SIP?
AVIS | SPACE SIP : My name is Avis, and I work with Space SIP as the Communication Manager. I’m responsible for monitoring all internal and external communications, ensuring that our team members, partners and our users receive clear and consistent messages. I have been working with multiple projects, especially those in the blockchain industry. This time, It’s my honor to be a part of the Space SIP team.
Bà Tân | : Q2. Can you briefly describe what is SPACE SIP ? We would like to know more about it and how it works.
AVIS | SPACE SIP : Space SIP (SIP) is a Play to Earn NFT game developed on the Binance Smart Chain. The game revolves around acquiring and using powerful weapons or spaceships that can be sent out into space with $SIP tokens, which are mined by BEP-721 minted players in this world of decentralized blockchain gaming!
Space SIP (SIP) utilizes a Play-to-Earn model by distributing $SIP through mining and game activities, giving value to players’ NFTs by increasing their use through future features. NFT’s may be freely traded on the marketplace for $SIP tokens, which can then be traded on exchanges or converted to fiat currency.
Currently, the following options are available for the player to earn:
- Send spaceship NFTs to planets for mining $SIP
- Participate in combat through the use of character and weapon NFT’s for $SIP
- Participate in in-game events that reward $SIP for winners
- Mint spaceships NFT and sell them for $SIP on the marketplace
- Exchanging $SIP on a DEX or CEX for other cryptocurrencies.
Bà Tân | : Q3: What is the $SIP token and how is it used on your platform?
AVIS | SPACE SIP : SIP is a Bep-721 token on the BSC network and will be used primarily in the game Space SIP to consume, buy spaceships, upgrade spacecraft and receive rewards in $SIP, Specifically as follows:
- PURCHASE: $SIP is the digital token in the Space Invaders Ecosystem. Players use $SIP to pay for spaceships, lucky boxes, and in-game items to play the game.
- PLAY-TO-EARN REWARDS: $SIP will be distributed evenly every year from the pool of rewards. Players receive rewards through interactive game activities, including mining, PVE battle, PVP battle, lending spaceships, monthly events, etc. Players get rewards to buy items or trade on exchanges.
- GOVERNANCE: Owning $SIP allows users to participate in the governance process through the DAO, with development proposals and voting structure. Issues related to the operation and development of the ecosystem can be voted on based on the preferences of the token holders.
- EVENTS: Future intergalactic war operations with $SIP subscription. The reward will be distributed based on the total number of registrations and the bonus from the reward pool. Each player, who registers with the $SIP token can get a thousand times rewards back.
Bà Tân | : Q4 .What are the achievements that SPACE SIP team has achieved?
AVIS | SPACE SIP : Since the public launch of Space SIP, our project has accomplished many significant achievements and milestones. We had a successful Genesis NFT Public Sale on October 26th, with 1060 NFTs selling out in 1 minute. Following that, our $SIP token was listed on PancakeSwap on October 29th, and on November 23rd, $SIP recorded its new ATH at 1.9$, x95 times from the listing price.
What about our Social Media? Within 3 months, our social signals have grown exponentially, specifically as follow:
Telegram — 135,313 Members
Twitter — 136,200 Followers
Discord — 51,612 Members
Facebook — 55,530 Followers
Christmas has just passed and our Christmas Events were a huge success thanks to the enthusiasm of the Space SIP community. This was organized in order to express our gratitude to our users and to celebrate Space SIP reaching 50k NFTs minted, as well as the $SIP token reaching 25k holders.
Bà Tân | : Q5. What is the current and future development plan of the SPACE SIP project?
AVIS | SPACE SIP : Space SIP has gone a long way since its V1.0 official launch. The game is currently at version 1.2 with significant improvements in security, claim time is running smoothly following game modes and features: Mining, PVE, Explore and Marketplace.
We are also focusing on collecting feedback from users to improve the game even more than it is right now. And don’t forget to follow our channel to get more information about the newest feature which will be released officially tomorrow (Jan 5, 2022). This game mode is a brilliant combination of Play-to-Earn and Fun-to-Play mechanisms. And I bet that everyone will feel excited with this feature because it is easy to start playing the game with a minimum of 10 $SIP and may earn up to ROI x 8 per correct prediction. The best thing is that they can claim rewards instantly! How amazing is that!!!
About the roadmap Q1–2022, it will be public soon.
Talking about future plans, Space SIP’s ambition is to be able to create a blockchain game that is excellent in terms of visuals, gameplay, technology, and tokenomics.
With the help of our community, development team, investment funds, and other NFT game projects, we will be able to build a diverse and sustainable Metaverse.
They will then serve as the foundations for Space SIP to achieve our ultimate goal — create a Metaverse where Space SIP and other projects can collaborate to advance our technology, security, and tokenomics. Because at Space SIP, we believe that other projects are not competitors but rather potential future collaboration partners, who will help Space SIP achieve our vision.
The best is yet to come! A promising year is ahead of us, and the future of Space SIP is brighter than ever! Stay tuned everyone!
Bà Tân | : End of session 1
Bà Tân | : Session 2: Question From Twitter (will choose 5 question)
Bà Tân | : Question1. People can no longer trust most projects due to security vulnerabilities and hacking events that have been reported in recent months. @0xSpaceSip has big intentions in the gaming industry, but how does it protect its own system, should investors be worried about their assets? @DrStrange1211
AVIS | SPACE SIP : Audit & Security is one of Space SIP’s top priorities because the safety of our users is also a crucial part in our development. As we have announced before, our Smart Contract was audited by Verichains, a well-known cybersecurity firm that does security audits for Xpool, Kyber Network, Axie Infinity, Tomochain, and many others. According to the report, Space SIP’s Smart Contract has PASSED every test, verified as SECURED, and is marked as SAFE for further interactions. And when more features are released, they will also be audited to ensure the security of our project. Currently, we have published our audit reports for the
+ Token Metric
+ Public Sale NFT
+ Staking Protocol
on our website. For details, please go to https://sip.space/audit
About your concern, we have been learning from other projects’ exploit situations. We are confident that we are properly prepared and will be able to handle that scenario with minimum impact on our users
Bà Tân | : Question2. In many gaming platform,users spend lots of time playing before they can earn. How easy will playing @0xSpaceSip game be for users who are not familiar with NFT-games?Are there some strategies you have implemented to make your game fun/easy,stress-free and not boring for users? @Herbertchandl18
AVIS | SPACE SIP : Space SIP strives to become a Fun-to-Play game, so we make sure that grinding is completely unnecessary, people can turn the game on and play whenever they are free and earn a decent amount of income from it as well.
We also aim to make Space SIP friendly to users of all ages, so the gameplay is extremely easy. If you have played the Battleship board game before, you will get the hang of it immediately. But if you are not familiar with it, don’t worry because the rule is simple, you place your spaceship and pick the coordinates for the attacks, the team with more successful hits and have more HP at the end of the battle will be the winner.
Besides the main battling feature, players can also switch to Explorer Mode and Tournament for a change. They can experience the joy of flying around in their own Spaceship to take down the enemies and avoid the incoming meteors, not to mention the non-stop thrill from watching the tournament.
But we will not stop there and be satisfied with it. The team will work even harder to release more features to ensure that our users will never feel bored.
Bà Tân | : Question3. NFT Gaming is the fact that most of the games are pay to win because the more expensive NFT you buy, the easier you can win. How will you make sure that their game isn’t pay to win & fair? This is important so that the game will keep attracting new players? @musfika_jannat_
AVIS | SPACE SIP : To bring the decentralized feature to the entire Space SIP ecosystem, the single-token philosophy has always been the core of the project’s economic structure. Each user in the ecosystem will contribute to the project’s development: players invest capital and time to play the game, holders and investors invest in the project, and all will receive SIP tokens of the same type. As the project grows, the token will gain value, and everyone will benefit from the token’s rise in price.
And as Space SIP progresses, many more features will be released, both inside and outside of the game, not only to keep our users incentivized but also to balance the inflow and outflow of our economy. More features — more spending which will help the $SIP can circulate perfectly and balancedly. With the consistent growth of the players entering the Space SIP, the price of $SIP token will grow well and steadily in the future.
Beside, we’re also partnering with other NFT game and Defi projects to extend the usage of Space SIP NFT and token, giving more value for the investors and players that hold Space SIP assets.
Bà Tân | : Question4.NFT games are becoming more and more common in our environment, but many of them are dying due to the lack of a profitable economic model. What has been the economic structure you have developed to make it a profitable game in the long term? How will you keep users incentivized? @LahusenRafly
AVIS | SPACE SIP : We can assure you that the term “Pay to Win” does not exist in our dictionary, because at Space SIP, everyone has an equal chance. From opening the Mystery Box to playing PVE, Tournament, every index has been integrated with Chainlink VRF so that the outcomes are completely random. Furthermore, in PVE mode, you and your opponent will have an equal number of missiles, ensuring that the power disparity is not too great. Hence, all it takes for our players is to understand the game, combine its elements, come up with their unique strategy and combat formation to maximize their winning chance and income.
All of that will be the reason why we dare to say that Space SIP is not a Pay to Win game. A game of skill is always better than those where you have to pay to win, am I right?
Bà Tân | : Question5.In promoring fairness and equality among all of your users, can you explain to us the probability of acquiring a rare and unique NFT out of your pack drops? Will the contents within the packs be randomized? @mathanosto1234
AVIS | SPACE SIP : As mentioned in our whitepaper, Space SIP’s NFTs are minted in the ERC-721 standard. And there will be 4 levels of rarities: Normal — Rare — Super Rare — Specially Super Rare. Players can recruit NFTs in-game via Mystery Capsules with the following chances:
Our NFTs are powered by Chainlink VRF to ensure randomness of attributes and transparency. Every single NFT is ensured to be unique and proven-rare.
Bà Tân | : Congratulations to the winners of session 2.
Bà Tân | : Alright, Session 2 has finished perfectly. Appreciate your detailed responses @SIP_Avis ���
Bà Tân | : End of session 2
Bà Tân | : We’ll move on to session 3
Bà Tân | : Session 3: Free Asking (will choose 5 question)
Bà Tân | : Group will unmute now so everyone can ask questions.
Bà Tân | : Thanks for the questions from the community.
Bà Tân | : Now let’s give our dear guest @SIP_Avis some time to go through them.
AVIS | SPACE SIP : Alright, i only need a few minutes and i’ll get right back to ya!
AVIS | SPACE SIP : I’m ready!!!
AVIS | SPACE SIP : Let’s get started ���
Q1. Why did you name the project like that? Does it have any hidden meaning or is it just random?
AVIS | SPACE SIP : SPACE will be the future Metaverse. SIP is our main token. A good example of this is the SIP is “Space Invaders Project” or whatever your imagination means well.
Q2. How do you handle negative feedback?
AVIS | SPACE SIP : Feedbacks are important to us. Because Space SIP ecosystem is community-owned. We accept positive feedback as a compliment and motivation. This encourages us to continuously show our best performance to build great products and great events for our community.
We also accept negative feedback as a case study or a lesson learned. We analyze the root cause and have solutions to improve everything. Negative feedback with good intention i.e. making the ecosystem better, we will accept it and improve our communication plus our product. Negative feedback with bad intention i.e. giving wrong information or scam or fud, we will have our own standard to protect the community and the ecosystem.
Q3. What are your plans to increase global adoption of your project and attract non-crypto investors? Do you have any plans for ambassador programs for different countries where English is not spoken?
AVIS | SPACE SIP : As our pitch deck, Space SIP aims for “Play-to-Earn” and “Easy-to-Play” gameplay. With Play-to-Earn, we aim to attract crypto players who are already familiar with NFT games. With Easy-to-Play, we aim at non-crypto players. An easy gameplay will step by step guide them into the crypto world and convert them into crypto investors.
We are also working with traditional game marketing partners to bring our game to traditional
gamer’s communities. We had a successful launch and achieved many milestones last year.. And we will do more partnership and marketing activities in the future with our partner, KOLs, influencers, and ambassadors in different countries.
Q4. Do you have a Token Burning plan to increase Token value and attract Investors to invest?
AVIS | SPACE SIP : When we built Space SIP, we played and learned from other games. And we designed our own tokenomic with a mechanism to control the circulation and inflation. You can see on our website and pitch deck, we have a burn mechanism to burn the token. A very clear example is that we have a 2% tax on PancakeSwap. 0.5% will be burned and 1.5% will go back to the reward pool. With this burn mechanism, it will help Space SIP to maintain its healthy economy in the long run, as well as increase the $SIP token’s value as we go.
Q5. As the process of summoning a spaceship, there are chances that the player could get the 430–470 $SIP in return. A lot of people are concerned about this. Could you please explain the long-term benefits of this system to everyone?
AVIS | SPACE SIP : As you may know, we have a limited number of Space SIP NFTs. There will be a limited number of Spaceship NFTs available at the same time. And the mechanism of returning $SIP token in Mystery capsule will:
Firstly, increase and maintain the value of Spaceship NFTs in long term
Secondly, the consumed $SIP token will be returned into reward pools. This will help maintain the reward pool in the long term.
So, this mechanism will help Space SIP balances the inflow and outflow of its tokenomic, resulting in sustainability within Space SIP.
Bà Tân | : Thanks for the useful information from @SIP_Avis
Bà Tân | : End of session 3
Bà Tân | : For questions that have not been answered today, you can send them to @SpaceSip for answers.
AVIS | SPACE SIP : Thank you guys for hosting such an amazing AMA session!
Bà Tân | : IM Community, if you would like to know more about Space SIP ! here are some useful links for you:
Official Website: https://sip.space
Hopefully we will meet again in the future ❤️
Bà Tân | : Allright, I declare the Im Community AMA with Space SIP has ended.
Thanks to @SIP_Avis | Space SIP joined us and provided us with Space SIP information, we hope that this knowledge makes us understand more about https://sip.space (https://sip.space/)
To the members, thank you for following this event to the end. winners will be announced soon.
AVIS | SPACE SIP : Have a wonderful evening everyone ❤️
AVIS | SPACE SIP : See ya next time!