AMA Recap Crypto Library with NEXTYPE


On 11th September 2021, NEXTYPE conducted an AMA in the Crypto Library Community. Our guest is Ronn. Lots of questions as usual from the Community about NEXTYPE progress. The NEXTYPE 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 NEXTYPE.

Let’s take a look at the most interesting points of our conversation. 

Crypto Library Team : So, before we start the AMA could you please introduce yourself to our community?

Ronn (NEXTYPE) : I’m Ronn, COO of NEXTYPE. Before working at NEXTYPE, I have 10 years’ experience in a famous game company, in which I was in charge of the operation of more than ten games. Some of them are truly successful and the MAU is up to 1 million. I chose to work at NEXTYPE because I find blockchain fascinating. Moreover, I believe DeFi and NFT is going to revolutionize the traditional game industry.
Crypto Library Team : What is Nextype? and how is the story behind the Nextype project creation?

Ronn (NEXTYPE) : We define NEXTYPE as the cross-chain GAME+NFT+DeFi integrated application ecology, which will create more efficient and freer NFT swapping protocols for the blockchain world and provide users with high-quality blockchain game Dapps. In fact, NEXTYPE not only needs to complete the underlying technical support and the self-research of blockchain games, but also provides an ecological platform for partners to participate in co-construction, co-governance, and co-sharing. To realize this mission, we will launch 8-10 self-developed games with various themes and playing methods in this year, and link at least 10 cooperative games to construct NEXTYPE Games matrix. And our initial game, MiningTycoon, was launched already.
Copy this link and open it in the wallet browser using HECO chain, and you could experience the fun of the game and earn remarkable revenue.

Crypto Library Team : What features and products does Nextype want to offer? And why should we choose Nextype?

Ronn (NEXTYPE) : There are many projects in the field of NFT, Gaming and DeFi. And some of them have made some progress. But what I want to share about NEXTYPE is the combination. We used DeFi to design our games, for example, staking in MiningTycoon. You can choose USDT single Token or USDT+NT double Token staking. Of course, the APR of the latter is higher, which will exceed 240% in the beginning of the game. And NFT in NEXTYPE will not just be a collection, we will create interesting mechanisms to combine with game. The launch date of NFT Master will be determined by the NFT collection in MiningTycoon. In advanced mining pools, players could mine NFT through staking. So, we will break 1 great art into 1000 pieces. Each piece corresponds to an NFT, which will be randomly distributed in each mining pool. When the collection of 1000 pieces is completed, NFT Master will be officially launched. This is just one example, there are more fun scenarios for the combination between NFT and Game in NEXTYPE. To sum up, NEXTYPE hopes to offer a blockchain game platform which is high in proficiency and low in cost. We are trying to define the new form of blockchain game for next generation.

Crypto Library Team : Please tell us about $NT token! What are the token use-case, distribution, and where we can buy it?

Ronn (NEXTYPE) : $NT is the ecological token of NEXTYPE. The total supply is 1,000,000,000, and 70% will be used as mining rewards.

  1. Stake: As previously mentioned, the players can gain extra yields from all kinds of games presented or supported by NEXTYPE through staking their NT.
  2. Game Purchasing: Every game launched by NEXTYPE next will set NT recharge function. Players need to use NT to purchase NFT, props or other value assets in the game, to realize NT buybacks and increase NT value.
  3. DAO Governance: Players could participate in the NEXTYPE Governance by NT voting.
  4. Burning: We will implement a burning mechanism, in the future, 15% of each week's yields, generated by the MiningTycoon and other cooperative games, will be bought back from the secondary market to burn. And the upper limit of burning is 20% of the NT total supply volume.
With all these consumption scenarios, NT circulation will continue to decrease, while the price will continue to rise. So this is a good time to invest in NT at early stage. And now, you can buy it on MDEX.
Crypto Library Team : Could you give us some information about your roadmap, your milestones, and also your future plans?

Ronn (NEXTYPE) : At present, the most important thing for us is to make sure of the success of MiningTycoon. And other games are under development. As for further plan, we will focus on 2 aspects;

1) Products
Product is the core competitiveness of NEXTYPE. Except for MiningTycoon, we will also launch 8-10 self-developed games with various themes and playing methods in this year and cooperate with at least 10 games to create NEXTYPE games matrix and build a comprehensive ecosystem of blockchain games. Besides, more NFT will be presented to combine with game in different interesting ways. We will empower NFT with game profits so it will not just be a collection.

2) Marketing
We have made a good start in cooperation with the Japanese market. Next, we will continue to develop more market cooperation, such as KOLs, communities and other institutions that will help us. And look for more IP cooperation is another key point.

Here are some Milestones we have reached:
  1. The smart contracts have been audited by CERTIK.
  2. NEXTYPE has been formally invited to join the BGA (Blockchain Game Alliance).
  3. NEXTYPE has reached strategic cooperation with SeeSea Japan, a well-known Japanese company, and Quaras, a subsidiary of Fuji Media. And we have signed up with more than 1000 IP units.
  4. NT has been listed on CoinMarketCap, CoinGecko, Debank, Defillama and Coinhub
  5. NEXTYPE has been invited to held AMA in HECO official global community.
  6. NEXTYPE have held more than 20 AMAs with world well-known communities, covering more than 500K users. And more AMAs are on the way.
  7. There are some airdrop events successfully held with CoinMarketCap and HECO. More than 300K Users participated.
  8. NEXTYPE has been invited to join Lucky Heco event organized by Heco chain and Huobi global, reaching more than 50M users.
Crypto Library Team : Recently the launch of a MINING TYCOON game, how can we participate in it and what features are in the game?

Ronn (NEXTYPE) : MiningTycoon is aimed at developing an interesting game with the properties of games and blockchain, which is developed in the path of traditional games. MiningTycoon uses virtual mining as a core game method. In addition to NT reward, mining will also produce other buff props, such as Mining License, which is an essential prop to participate in the high-level BTC mining pool. Players can collect and stake the Mining License to get BTC every day. In the future, players can get NFT through staking mining. Yes, that is right. You can get REAL BTC in MiningTycoon! This is the gameplay introduction which tells you how to get more BTC. Copy this link and open it in your wallet, then you could start to play and earn.

Crypto Library Team : Stake NT token in mining tycoon i don't see the time entry and while staking if I want to withdraw will there be a fee, how much will it be?

Ronn (NEXTYPE) : Actually there are game seasons. The new season will start at 2pm on every Monday, which means there are only 2 days for the season 9. You could start your staking at that time cause usually the APR will be higher at the beginning of new season. You can withdraw your revenue or redeem the token you staked at any time you want. And we do not charge any fees. But you need to pay gas fees for every transaction, which is very low because the game is running on Heco chain. Normally no more than $0.1.

Crypto Library Team : Currently I am taking part in the season 8 staking pool. I have staked total 10000 NT Token in the pool. But I’m considering to stake in primary or premium pool because the APR of primary wool is higher than premium pool. Could you explain why is the APR lower than primary pool?

Ronn (NEXTYPE) : First, I have to say thanks to this friend Jaki for playing our game. And I know you cause you are active in our community. The APR is determined by the total NT stake in the pool because the new total NT output will be set every season. And the upper limit of token you can stake in premium pool is higher than primary pool, beside you should know that almost every pool is full now. That means there are more NT staked in the premium pool, so its APR would be lower.

Crypto Library Team : Security and reliability are the factors that are most concerned by users in the blockchain system. Where is project transparency reflected?

Ronn (NEXTYPE) : Users' assets security is our top priority. First, every operation related with users' crypto assets is carried out via well-tested and deployed smart contracts. There is no way for anything (including NEXTYPE developer team) to manipulate users' assets. Second, all smart contract source code is available in the GitHub repo. Anyone is welcome to review the source code and compare it with the deployed version on the blockchain. Third, our smart contract source code has been audited by the prestigious security company CertiK. Before our launch, they have helped us test and improve the security mechanisms. Here is the audit report: So, we can guarantee that users in NEXTYPE will never face the security issues.

Crypto Library Team : It is an obvious fact that a big and active community is crucial for a project to grow. Could you please explain your approach for enlarging your community and aims about it briefly? Do you consider recruiting some "community ambassadors" in the future?

Ronn (NEXTYPE) : We attach great importance to community awareness. The number of members in our global community is almost 80K. And we have held many bounty activities in our community to keep it active. As for local communities, we have launched ambassadors recruitment program to invite some users who are interested and capable to help us create and manage local communities. So far, Chinese, Vietnamese and India & Pakistan communities have been created and work well. Other local communities such as Japanese, Russia are in preparation.
Crypto Library Team : Do you have any Coin Burn / BuyBack systems or any $Token Burn plans to increase the value of Token & attract Investors to invest?

Ronn (NEXTYPE) : Sure, NT burning system is very easy to understand. 15% of USDT, paid by players in MiningTycoon and other cooperative games, will be used to buy NT back from the secondary market to burn. And 50% of NT paid by players will be burnt directly. And the upper limit of burning is 20% of the NT total supply volume.

Crypto Library Team : You have any plans to add Nft's to your ecosystem as this is the hottest topic in the crypto space?

Ronn (NEXTYPE) : Yes of coures. NFT in NEXTYPE will not just be a collection, we will create interesting mechanisms to combine with game and empower NFT with game profits. We have reached strategic cooperation with SeeSea Japan, a well-known Japanese company, and Quaras, a subsidiary of Fuji Media. This is an important milestone for us to enter the Japanese IP market. Including some well-known anime IPs, we have signed up with more than 1000 IP units covering the mainstream IP from China, the US, Japan, and other countries. These cooperative IP will generate a variety of NFTs on chain in the form of various derivatives. And it will become a value bridge between games and other application scenarios. Player could create their own NFT with these IPs and trade them on NFT trading platform which we will present this year. Therefore, NFT in NEXTYPE will be more interesting than you ever saw.

Crypto Library Team : Is nextype platform suitable for Crypto beginners? Or does it only appeal to professional users?

Ronn (NEXTYPE) : Yes, MiningTycoon is easy for beginners. It is aimed at developing an interesting game with the properties of games and blockchain, which is developed in the path of traditional games.
MiningTycoon uses virtual mining as a core game method. So it will be easy for you to understand the gameplay. Besides, we have made the gameplay introduction video for the beginners.
You can check here:
We have optimized the performance of the game, so you could play it on PC and mobile both: 
Just give it a try, you will not regret!

Crypto Library Team : Why NEXTYPE build on HECO ecosystem? any reason behind that sir?

Ronn (NEXTYPE) : We choose Heco chain becauser they are willing to provide huge support to us. That is very important for a new project. Beside, we have developed NVEP (NFT Value Exchange Protocol) and NCCP (NFT Cross-Chain Protocol) to solve the difficult situation of NFT transaction. And it also realizes the multi form swap of value exchange between NFT and NFT, NFT and FT, and the NFT asset storage、exchanging and circulation functions among different chains. These 2 protocols will be deployed soon so that players on different chain could participate in the construction of NEXTYPE ecology. Moreover, we are considering to cross chain to BSC, Polygon and other public chains and the early technology development has been completed. Stay tuned for that.

Crypto Library Team : Only getting users, holders etc is not everything. In my opinion, a project needs to deal with solving a real world issue or problem What is the problem that your project primarily focuses on? Please share with us!

Ronn (NEXTYPE) : Of course there are also real problems we want to solve. That is we think some of blockchain games nowadays can even not be called 'game' cause of terrible game experience and poor gameplay. This is the main reason why we established NEXTYPE, and we really want to develop some interesting blockchain games.