AMA Recap Crypto Library with PolyLego


On 22nd August 2021, PolyLego conducted an AMA in the Crypto Library Community. Our guest is Markus Lee. Lots of questions as usual from the Community about PolyLego progress. The PolyLego's team took part in a very interesting AMA session which included introductions, questions from twitter, and a live AMA session with the Crypto Library community. If you missed the AMA in person, read this recap for a deeper insight into PolyLego.

Let’s take a look at the most interesting points of our conversation.
FIRST SEGMENT (HOST)
Crypto Library Team : Now to start the AMA, team PolyLego please have a quick-introduction to the community. What is PolyLego ?
 
Markus Lee (PolyLego) : Sure! Let us tell you a little bit about us. We are more than just an experienced team of developers, project managers, and community leaders. We come from a vast background of manufacturing, design and international business development based in Singapore. So, what is PolyLego? PolyLego is a gamified yield farming DApp built on Matic Chain where the focus of the team was to make crypto farming a lot more fun and rewarding. Our goal is to align the incentives between players while playing our game and earning extra rewards through our farming. It will be a game which is truly owned and operated by the community that plays it.

Crypto Library Team : What are some utilities of this project? How do you manage to stand out in this competitive space of crypto?

Markus Lee (PolyLego) : Our inspiration came from a well-known toy manufacturer LEGO, a plastic building-block toys that rose to massive popularity in the mid-20th century. LEGO’ is an abbreviation of the two Danish words “leg godt”, meaning “play well”. The interlocking principle with its tubes makes it unique and offers unlimited building possibilities. It’s just a matter of getting the imagination going – and letting a wealth of creative ideas emerge through play. Just like the potential applications of smart contract technology are essentially limitless and could extend to almost any field of business in which contract law would normally apply.
 
Crypto Library Team : Can you walk us through the PolyLego Game Concept? 
 
Markus Lee (PolyLego) : A game needs players. By simply playing the game, community members are adding value to the network and should be rewarded. We are looking for missionaries to align incentives with as we change the gaming world forever. The goal of the play to earn tokens is to attract wide range of players to the Poly Lego ecosystem in the hunt for token rewards and to give ownership and stake to the most active community members. So in our game, Users will be able to choose Survival or Creative mode – In survival mode, the goal is to survive, users will appear in a new world and are challenged to use its resource to build shelter, find food, and craft tools to help them construct the universe they want to live in. We will be releasing different varieties of NFT tools where users can purchase and use them as in game experience.   – The last survivor of each round will be rewarded an Easter Egg where they can exchange it into our in-game currency $PLYG and to be exchanged into USDT or MATIC on quickswap later on.
 
 
CHARACTERS:
These will be the two main basic characters. We own the copyright of this pixelated artwork as they are created by our own designers. • Users MUST own either one to participate in the game • Users will be able to purchase different types of NFT accessories and skins to equip on your character. Every accessory will have its own ability.
 
EQUIPMENTS:
 

This is where the interesting part begins. Each weapon/tools will have its own rarity. The rarer the weapon, the higher the APY that it’s going to produce when it comes to farming. This multiplier shows the maximum amount of APY that our NFTs can create and how fast can they unlock your harvest lockup funds. You can purchase them on our website now, only 100 NFTs will be available. Each weapon also comes with one piece of Adam/Eve. You will be given Adam/Eve randomly for free on every purchase. Not only you will have an upper hand when it comes to farming, but also during our in-game survival mode. Every equipment will be sketched by our own designer and mint into NFTs where users can purchase through our website. Users who successfully purchased the weapons and tools will own full copyright of the artwork. They can be traded on Opensea once you have received your NFTs.
 
Now, lets talk about our CREATIVE MODE, where players won’t have to worry about other users disrupting your creativity.
 

Crypto Library Team : Let’s talk about your tokenomics, please explain to us your token distribution model.
 
Markus Lee (PolyLego) : Token Name: PolyLego Token Symbol: $PLYG Token Decimal: 18 Token Supply: 5000000000 Network: Matic Network Funds raised on the presale will be used in the following way: 15% for Project development 60% for Liquidity 15% for Marketing 10% Contract Audits & CEX listing 
 
Transfer Tax 
Total Transfer Tax Rate: 6% of every transfer 
Markus Lee (PolyLego) :• 2% will be burned immediately 
• 2% will be will be added to the LP pool and locked. 
• 2% will sent to dev wallet for marketing and buyback purpose 
 
Presale will start on 16th August 15:16PM UTC 
• Softcap: 50000 MATIC 
• No buy limit 
• Duration: 14 days 
• The presale price starting in 1PLYG=0.5MATIC. The price will increase daily by 0.035MATIC. 
• Listing price will be 1PLYG= 1MATIC. ~ 90% higher than PolyLego presale price on day 1 
• The reason behind this is that we want all early holders of PolyLego who trusted us since day one to have excellent returns.
 
Crypto Library Team : Where can we buy your PolyLego token? Does it get audited?
 
Markus Lee (PolyLego) : Yes, we are running our presales now! You purchase it through our official website: 
and this is the only place you can purchase our tokens. And yes, we have already submitted our contracts to TechRate and RugDoc for review. You can find all the relevant details on our gitbook: 
As per our Gitbook, we will be allocating a certain percentage of funds from presale to conduct a full audit on our contract. We will make sure that we conduct the highest level of audits and also ensuring that our contracts are always up to date. SECURITY and SAFU for our community is our utmost goal. 
 
Crypto Library Team : Can you share with us the achievements the team has made so far?
 
Markus Lee (PolyLego) : During our early stage, we implemented our NFT based yield-farming feature where cryptocurrency holders like you and me will be able earn rewards on their holdings through our Dapp. What’s all the excitement about? Well, it’s not just the high APYs with farming, it’s also the NFTs. Unlike most NFT based DApps, PolyLego NFTs have an excellent use case. PolyLego NFTs can be bound to the liquidity pool being farmed to boost users’ rewards. On top of this, if the pool being farmed has had a harvest lockup fixed in a set amount of time, these NFTs will reduce this lock duration too. All these have already been implemented. Not only that, Imagine owning some real badass Assassin’s Creed gear on the blockchain that you can show off in our game. And from there we will start scaling into NFT Marketplace and our own three-dimensional worlds PolyLego game. The game is already in the midst of developing and we are expecting them to be out in the beginning of Q4. We will be realeasing our official game trailer very very soon. We are working with few of the most talented game developers in the industry, details regarding our roadmap is displayed our gitbook, we even have a Chinese version of gitbook created. We will be updating them along the way as we are constantly building to ensure the sustainability of the PolyLego ecosystem in the long run.
 
Crypto Library Team : Let’s talk a little bit about your roadmap. What can we expect about the launch phases and the goals for each of them.

Markus Lee (PolyLego) : Sure! We have so many plans for PolyLego. Our team is constantly working to ensure the sustainability of the PolyLego ecosystem. We will update our roadmap along the way. We will continue to produce more contents which are player centralized, more events, etc. You will be amazed by the outcome.
 

 
Crypto Library Team : Where can we find out more about PolyLego on social media?
 
Markus Lee (PolyLego) : Yes below are our social links, do not hesitate to reach us via our telegram group if you have any questions. We are more than happy to assist everyone. If you wish to know more about PolyLego, below are our social links:  
- Telegram: https://t.me/polylego  
SECOND SEGMENT (TWITTER)
Crypto Library Team : Your foundation idea is very new, so it takes a lot of formula and takes a long time to develop. This must have a tricky point for you? Do you agree that the strength of the community will lead your project to grow globally?
 
Markus Lee (PolyLego) : Yes, indeed you’re right. While we strongly believe that with our uprising community and the right team will lead to our strong statement “we build, you earn”. However, everyone will need to work together as a team in order to bring us to the next level. 

Crypto Library Team : I wonder if the PolyLego platform is specifically for gamers? What about non-gamer users? Can they still generate income even without playing your game? If so, what are the other possible ways?

Markus Lee (PolyLego) : Definitely, we have full confidence in our gaming concept that it will be able to attract gamers from both crypto and non-crypto worlds. Being able to enjoy the game and make money in the same time is definitely a good selling point. Our yield farming will go live on listing day. Stakers who are not players or interested in participating in governance, don't worry, we have you covered too. We will be releasing NFTs where APY's can be boosted just by staking those NFTs into our farm.
 
Crypto Library Team : I see in your game we can choose survival mode and creative mode, what's the difference? and what is the prize if we manage to finish the game as a winner?
 
Markus Lee (PolyLego) : I see you did do some studies on us. Appreciate your effort! So as we mentioned, each and every round, the last 3 survival will receive an Easter egg as reward, and they can be exchanged into our ingame currency $PLYG. As for creative mode, users can build their own land and sell it to other users. Its all about your creativity.
 
Crypto Library Team : What are your plans regarding private sale? When will you conduct it? How can I participate in the private round? What are requirements? When is public round? How to participate in it?
 
Markus Lee (PolyLego) : We are actually running our presale now. You can purchase it through our official website: https://polylego.com/presale.html 
Presale starting price will start at 1 PLYG = 0.5 MATIC. The price will increase daily by 0.035 MATIC. Listing price will be 1PLYG= 1MATIC. (90% higher than PolyLego presale price on day 1)
 
Crypto Library Team : Most investors simply focus on the price of the TOKEN in the short term, and not on the real value of the project. Can you tell us about the motivation and advantages of token investors in the long term?

Markus Lee (PolyLego) : We will always focus on UTILITY and QUALITY. Rest assured that we will have a complete PolyLego ecosystem where we fully utilizes our $PLYG token. This is how we envision your journey with our token $PLYG: BUY $PLYG Stake $PLYG Earn $PLYG Not only that, when our NFT marketplace is ready, $PLYG token will be used as a main currency to trade all your items. Use your $PLYG to buy dope NFT’s that are the rarest on the market and equip them on your characters! We wouldn’t be here unless we believe the company can hit the billions in marketcap. Stay tuned!

THIRD SEGMENT (LIVE QUESTIONS) 
Crypto Library Team : Lack of information about referrals on the website PolyLego. Can you please explain the terms and prizes that will be obtained when following a referral referral?
 
Markus Lee (PolyLego) : Its simple, you just have to refer your friends and you will receive 12% of reward in MATIC tokens if bought by the referred. There is NO limit on how many friends you can refer. You will get a link to share with your friends on your referral page. (For example, user B uses referral link provided by user A, user B invested 1000$ MATIC , user A will automatically receive 120 $MATIC token in their wallet. You will ALSO earn 3% of each friend reward from farm and pools if they use your link to start farming at PolyLego. We have it writted in details in our gitbook  
 
Crypto Library Team : Marketing is vital for projects to develop faster and achieve set goals. Do you have a strategy to attract new investors to your platform and keep them long term?
 
Markus Lee (PolyLego) : Marketing has just started as we want to focus on UTILITY. We are currently working closely with few of the top marketing firms in this industry. We believe that our foundation will be storng enough to sustain in the long run. Moreover, we have already confirmed partnerships with a few video game publisher that has several development studios across the world. We believe that this is going to bring us to the next level.
 
Crypto Library Team : Can you give me the 3 best characteristics to convince me and other investors to invest in your project for a long time?
 
Markus Lee (PolyLego) : Buy $PLYG Stack $PLYG Earn $PLYG And… thank me later (NFA) :D
 
Crypto Library Team : Do you have AUDIT certificates OR are you working to AUDIT your project to make it more secure and reliable?
 
Markus Lee (PolyLego) : We have already sent our contracts to RugDoc and TechRate for a quick review and they are avialable on our gitbook: 
Soon, we will conduct the highest level of audits. We have already allocated a certain percentage of funds from presale to conduct a proper audit on our contract.
 
Crypto Library Team : But the bear market is coming.. sooner or later, it will be here. Sadly
 
Markus Lee (PolyLego) : Don’t be! Bull or bear, i believe that PolyLego’s foundation will be strong enough to sustain in the long run We shall see!
 
 
 
 POSTCSRIPT

Comments