Virtue Alliance DAO x IM community AMA RECAP
🐋TELEGRAM AMA : Im Community & Virtue Alliance DAO 🐋
⏰ AMA Timing : 14th Sep 2022 l 12:00 PM UTC I 19:00 UTC + 7
Venue For AMA : https://t.me/imcommunityitw
🎁 Reward Pool 100$
➡️ 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 @dhkdxkay & @zjp28 & @Beau_C & @pydxd & @samyslv from Virtue Alliance DAO ���
ZP : Hello! Thanks for having us
Bà Tân | : Welcome everyone. Today Im Community will host AMA with Virtue Alliance DAO.
Bà Tân | : Today our guest is: @dhkdxkay & @zjp28 & @Beau_C & @pydxd & @samyslv from Virtue Alliance DAO.
Bà Tân | : Before the first, please introduce yourself a little bit: @dhkdxkay & @zjp28 & @Beau_C & @pydxd & @samyslv ���
Samy : Hello everyone, awesome being here. I’m a lead dev at Virtue Alliance. Have been working in IT for the last 10 years with a background of system architecture and block chain.
ZP : Again, thank you for having us. I’m of the co-founders of Virtue Alliance DAO. My background is in SaaS startups for 11 years and helping companies scale
dhk : Hey guys — I’m one of the co-founders of VA; background is product management for fortune 500s and start ups, data analytics and strategy for firms; also have done venture capital and investing for the past 5 years or so
Beau : Hi everyone, great to be here. I’m the operations lead at Virtue Alliance DAO. Have a background in crypto and finance and been here building with the team
Bà Tân | : Thanks for the introduction from the Virtue Alliance DAO team.
Bà Tân | : Today’s AMA will have 3 session
Session 1: Project Introduction
Session 2: Question From Twitter (https://twitter.com/IM_Communityitw/status/1569171390003310592) (will choose 5 question)
Session 3: Free Asking (will choose 5 question) Held in the group https://t.me/Virtue_DAO
Bà Tân | : So let’s start the first part of the AMA — questions from Im Community!
Bà Tân | : Q1. Can you briefly describe what is Virtue Alliance DAO? We would like to know more about it and how it works.
Samy : I’ll answer this one
Virtue Alliance has 2 core concepts, one is obviously our gaming guild which provides players the ability to play and experience the most anticipated games in web3. The second and most important is the infrastructure being built to support this.
Guilds currently rely heavily on manual processes, which Virtue Alliance is removing with an automated On and off ramp payment system, NFT bank for players and managers and training content that is recommended based on the insights and analytics being tracked based on the players performance.
All of this is tracked within our analytics and insights module. On top of this, tournaments will be hosted with the platform to earn not just currency, but tangible experiences and items. There is also some other cool features like questlines that we’ll be building in to keep people engaged across all of our partnered games and as well as tools to help you collaborate with your team.
Bà Tân | : Everyone, please take 1 minute to join the group https://t.me/Virtue_DAO to prepare for session 3 AMA. Thanks everyone.
Bà Tân | : Q2. What are the outstanding features of Virtue Alliance DAO compared to other projects?
Beau : i’ll answer this one
As Samy mentioned before one of the features that we’re building are analytics and insights. We’ll be collecting comprehensive data on each P2E title integrated with the VA ecosystem and our goal is to allow users of our platform to draw insights from them, they otherwise wouldn’t be able to.
The idea here is to combine, compare and chart data coming from different titles and compare or aggregate key performance metrics. Aside from cross title reporting, our dashboards will allow users to analyze any given game, in detail, according to its own set of unique features.
Along with this we work with Forumpay as an off/on ramp partner to facilitate easier accessibility for the users within our platform when it comes to spending their in-game earnings as real life fiat.
Bà Tân | : Q3.Virtue Alliance DAO Is there a private token? And what role does it play in your ecosystem?
ZP : I’ll take this
We have a private token launching Q4 of this year which will be $VA. Holders of the token will have voting rights for proposals we put forward, which will help guide us into what games the community would like to be a part of.
We’ll also be releasing staking features into the platform to help provide a stable income but also using the token to get access into exclusive tournaments and events, along with the ability to have tailored training sessions with e-sports players within the web3 community
You can obviously buy the token but theres also a couple of ways to earn it- participating in the ecosystem as player or manager; completing daily quest and earning achievements which we’re building into the platform; staking your tokens to earn more; winning virtue tournaments; and participating in various community engagements
Bà Tân | : Q4. Can Virtue Alliance DAO team please update some Virtue Alliance DAO latest news or major events to attract more users?
dhk : there’s lot to look forward to once we come out of stealth; but behind the scenes we are heavily building the technology and building partnerships with some of the best projects out there
to check out our current partners and also investors :-) you will see that we are highly connected in the industry and there is much more to come
Bà Tân | : Impressive, thanks!
Bà Tân | : And the last question is…
Bà Tân | : Q5.What is the development roadmap of Virtue Alliance DAO at present and in the future?
Samy : I’ll take this one
First and foremost, we’ll be aiming to complete the alpha of our platform for a selected number of managers and their teams to come in and use, provide feedback and experience the platform.
From here we’ll be looking to move to a more comprehensive Beta version that will include for a larger number of managers and players to come in and provide similar feedback but also stress tests.
The public sale for the token will happen by the end of December this year and we’ll be looking to open the platform for all Virtue Alliance members early next year which will be celebrated with our first hosted tournament.
From here, we’ll be hosting various other competitions and tournaments against other guilds which will open the doors for players and managers to understand how they compare against other top players. Eventually, we plan on every major guild to be using the Virtue Alliance platform to help break down the current silos that are a current drawback in the web3 space.
Bà Tân | : Everyone, please take 1 minute to join the group https://t.me/Virtue_DAO to prepare for session 3 AMA. Thanks everyone.
Bà Tân | : End of session 1
Bà Tân | : We will move on to session 2.
Bà Tân | : Session 2: Question From Twitter (https://twitter.com/IM_Communityitw/status/1569171390003310592) (will choose 5 question)
Bà Tân | : Question1. Right now, Market is adjusting sharply, the risks are very high but also a great #VirtueDAO (https://twitter.com/hashtag/VirtueDAO?src=hashtag_click) opportunity for development projects. What are the characteristics of your project, and how is your development strategy to be able to compete and rise to top among other projects? @isamoni432
ZP : great question — I’ll take this
Firstly, this is the perfect market for us to build and we’re seeing a lot of great p2e projects doing exactly the same right now. In terms of characteristics; there currently isn’t a platform on the market providing a single resource for web3 gamers to access a variety of games as well as NFTs, while also allowing automated distribution of these items.
With regards to other top projects, we are already in discussions with a lot of the big projects/guilds in the market to leverage the Virtue Alliance platform to gain insights into their own players via our analytics tools within the platform, host guild vs guild tournaments and use our infrastructure to host quest lines for their games
keep in mind, revenue generated from these partnerships will flow through to token holders staking within the VA DAO
Bà Tân | : Question2. Earning in the game is important, but with me that having fun while earning is also important.To what extent does your 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? @BondiChirkut77
dhk : We also believe this a high priority when we actually partner with games and founders of p2e projects; the game itself needs to be able to attract crypto and non-crypto people to have a chance of being successful and thus longevity.
Without the game being fun — then it is just another chore for most individuals. We interview and meet a range of developers to founders weekly; making sure we pick quality over quantity. The winners will be the games that can entertain but have a smart tokenomics / ecosystem behind them; and these are the ones we want to work with.
Touching on the “measures” component — we are building a whole infrastructure and platform to allow the on-boarding of crypto and non-crypto native people onto web3 games; we will be able to release sneak peaks of in the next coming months!
Bà Tân | : Question3. Most of the questions people ask in the AMA section are about the #P2E (https://twitter.com/hashtag/P2E?src=hashtag_click) strengths of the project. On the contrary, I am interested in #P2E (https://twitter.com/hashtag/P2E?src=hashtag_click) difficulties and challenges. So what difficulties did the team face while developing the project and how did they overcome them?#P2E (https://twitter.com/hashtag/P2E?src=hashtag_click) @Sadkhan2122
Beau : As many of you know, the P2E gaming model has been subject to major volatility along with the rest of the crypto market. Overcoming this hurdle has definitely been a significant one as the roots of VA are in being a P2E guild.
To that end we’ve expanded our services and network and formed connections with major games and players in the industry. We’re bringing analytical tools and insights along with gamified experiences to players to turn Virtue Alliance into a gaming hub, not just for the sake of our players but for the fun and development of the P2E industry as a whole.
Bà Tân | : Question4. I see that #VirtueAllianceDao (https://twitter.com/hashtag/VirtueAllianceDao?src=hashtag_click) is partner with Sandbox,Axie & UFO Gaming so could you tell us the effects of this parnership brought to your platform,considering that those mentioned platforms are popular in gaming industry? Any advantages it brings to #VirtueDao (https://twitter.com/hashtag/VirtueDao?src=hashtag_click)? @VINITSH50269612
ZP : It brings us huge advantages in a few different ways. From a development perspective, we can get access to channels other projects can’t to gain data that is then provided to members of VA in the form of game insights and analytics
It also allows us early entry to ensure we’re getting the highest quality NFTs and plots of land that again, VA DAO members can access and enjoy while also earning a lot faster
These partnerships will also allow us to be sustainable and ahead of competitors well into the future; as our vision is to be a long term project and as Beau mentioned earlier; a hub for p2e projects and gamers
Bà Tân | : Question5. @VirtueDAOgame, what type of payment do you apply to make it easier for players? Will there be an option to connect to Metamask & Wallet Connect while playing? And Can you describe the gaming experience you would like to improve? @RIO_9126
Samy : The most ambitious goal of the project is to create a bridge between the web2 and web3 worlds so that people can interact with both of the worlds without the need of having prior knowledge about blockchains and wallets, thus greatly improving the p2e onboarding process for new players.
Eventually people should be able to join in and play games in the web3 world the same way they play a web2 game. This coupled with our partnership with ForumPay which will allow us to On & Off ramp players across the world via various fiat currencies, meaning earnings/payments can be easily accessed and used on day-to-day items without the need to convert across multiple chains or even having to connect a wallet in the first place. As for our more tech savvy players, there will always be the option of receiving payments in crypto currency, directly to their designated withdrawal address.
Bà Tân | : Congratulations to the winners of session 2.
Bà Tân | : End of session 2
Bà Tân | : We’ll move on to session 3
Bà Tân | : Session 3: Free Asking (will choose 3 question) Held in the group https://t.me/Virtue_DAO
1. Can you briefly describe your partnerships so far and upcoming partnerships?
ZP : Animoca allows us entry into any of their partnered games and supports us to help build out our plans
Animoca allows us entry into any of their partnered games and supports us to help build out our plans
Forumpay provides us with a seamless on/off ramp from crypto to fiat and vise versa and Com2us allows us to tap into a huge market of web2 players / the Esport market
Upcoming partnerships will be with some of the most anticipated p2e games and other payment gateways like forumpay to help us expand across all the different markets
2. Can you tell us about your plans for 2023 and for long-term? what you are currently focusing on and are you going to expand the list of big exchanges?
ZP : Sure thing, first and foremost, we’ll be aiming to complete the alpha of our platform for a select number of managers and their teams to come in and use, provide feedback and experience the platform.
We’ll be looking to open the platform for all Virtue Alliance members early next year which will be celebrated with our first hosted tournament. From here, we’ll be hosting various other competitions and tournaments against other guilds which will open the doors for players and managers to understand how they compare against other top players
Eventually, we plan on every major guild to be using the Virtue Alliance platform to help break down the current silos that are a current drawback in the web3 space and add features like proof-of-engagement for other projects to be able to host campaigns and questlines for our community
3. Can you list 1–3 killer features of your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?
ZP : Automated NFT requests / assignment between players and managers — these can happen in realtime without a 3rd party intervening
The easy on/off ramp with forumpay to convert fiat to crypto and back again
Lastly and probably the biggest one, the analytics and insights into game metadata that will keep ahead of your competition when playing games
Bà Tân | : Thanks for the useful information from @zjp28
Bà Tân | : End of session 3
Bà Tân | : For questions that have not been answered today, you can send them to @Virtue_DAO for answers.
Bà Tân | : IM Community, if you would like to know more about Virtue Alliance DAO ! here are some useful links for you:
Official Website: https://www.virtuealliance.io
ZP : thank you for having us IM Community — it’s been a pleasure
Bà Tân | : Allright, I declare the Im Community AMA with Virtue Alliance DAO has ended.
Thanks to @dhkdxkay & @zjp28 & @Beau_C & @pydxd & @samyslv | Virtue Alliance DAO joined us and provided us with Virtue Alliance DAO information, we hope that this knowledge makes us understand more about https://www.virtuealliance.io (https://www.virtuealliance.io/)
To the members, thank you for following this event to the end. winners will be announced soon.