AMA Recap Crypto Library with HeliconNFT
On 25th November 2021, HeliconNFT conducted an
AMA in the Crypto Library Community. Our guest is Timothy Biggar. Lots of
questions as usual from the Community about HeliconNFT progress. The HeliconNFT 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 HeliconNFT.
Let’s take a look at the most interesting points of our conversation.
INTRODUCTION
Crypto Library Team : So, before we start the AMA could you please introduce yourself to our community?
Timothy Biggar (HeliconNFT) : I’m Timothy, HeliconNFT’s Marketing Manager. Among my many responsibilities, one of the most important is growing our community and helping new communities understand why HeliconNFT is changing the game… quite literally.
FIRST SEGMENT (HOST)Crypto Library Team : What is HeliconNFT? and how your team begin the process of creating this project?
Timothy Biggar (HeliconNFT) : Absolutely. I'd love to. I think the best way to summarise what it is we're doing is to say we're building a platform that rewards gamers, creators & developers for investing their time & creativity.
How we do that is what makes us stand out. I think we're all familiar with NFTs & what they can do by now. Well, we think NFTs are the solution to one problem that's plagued gaming - the economy surrounding it, The premise is simple: we want to use the blockchain to enable gamers to use decentralised wallets in our platform, rather than having their money locked in like in platforms like Steam.
How we do that is what makes us stand out. I think we're all familiar with NFTs & what they can do by now. Well, we think NFTs are the solution to one problem that's plagued gaming - the economy surrounding it, The premise is simple: we want to use the blockchain to enable gamers to use decentralised wallets in our platform, rather than having their money locked in like in platforms like Steam.
You could think of us as Steam but with NFTs, ironic given Valve's current stance on NFTs and the fact that we think Steam is awesome and only needs to introduce NFTs to remedy a lot of issues gamers & creators currently face.
Through our Game Add-On System (AOS) API, developers can tokenize virtually any in-game asset, and empower gamers and creators to do the same. That's the gist of it at least. But of course there's a lot more to it.
Crypto Library Team : What services and features are/would be available on HeliconNFT?
Timothy Biggar (HeliconNFT) : I guess the feature set you might be interested in depends on whether you're a gamer or developer. As a gamer, HeliconNFT provides you with access to the types of great games you know and love. We don't want to change games all that much. Games are great as it is. There's a reason the gaming industry has eclipsed the music and film industries.
However, as a user in HeliconNFT, you will be able to mint your in-game items from the various games you play into NFTs, which can then be traded with others in our marketplace. To be clear, we aren't just talking cosmetics, cards or characters, although that certainly is possible. Our API lets developers tag virtually any element of their game as NFT"able".
That could include maps, mods, saved games, sound tracks, anything. So we alongside the developers of your favourite games give you the option to tokenize your hard work (like skins you might have earned) and creativity (like a mod you created) and sell it to the community.
So we alongside the developers of your favourite games give you the option to tokenize your hard work (like skins you might have earned) and creativity (like a mod you created) and sell it to the community. And because NFTs let us retain authorship over NFTs, anyone who mints an NFT, from complicated mods to even just a skin you earned, for every transaction that takes place of your NFT, even if you're not involved in the transaction, you earn a royalty fee.
Developers are also able to use this same royalty fee to generate a constant revenue, so they can continue to make awesome games, but won't need to use micro-transactions and other nonsense to stay in business.
That's just for gamers. We also offer:
- Staking opportunities
- Reward users for contributing to the platform, like with reviews and articles
- Will host esports tournanents plus many other events
- Plus everyone gets a say in how our platform evolves thanks to our decentralised proposal/voting system.
- Reward users for contributing to the platform, like with reviews and articles
- Will host esports tournanents plus many other events
- Plus everyone gets a say in how our platform evolves thanks to our decentralised proposal/voting system.
Crypto Library Team : Please tell us about $HDT token! What are the token use-case, distribution, and how to buy/get it?
Timothy Biggar (HeliconNFT) : The tokenomics of our token, the Helicon Drachma Token (HDT), is explained on our website (https://www.heliconnft.com/HDT) & whitepaper, so I definitely encourage you check it out, but regarding your questions:
We will mint 100 billion tokens, and the distribution is as follows:
We will mint 100 billion tokens, and the distribution is as follows:
2% will be sold in our public offering (unlocked linearly over 60 days)
8% of our tokens will be offered in our private sale (unlocked linearly over 540 days)
9% is reserved for The Helicon Team (but will only be unlocked from day 541, & unlocked linearly over 540 days)
81% will be evenly divided into our 9 DeFi Liquidity mining pools
HDT will be the underlying unit of transfer for all market exchanges. It's how we ensure liquidity. Our public sale takes place early 2022, by the way, but you can also earn HDT through staking.
8% of our tokens will be offered in our private sale (unlocked linearly over 540 days)
9% is reserved for The Helicon Team (but will only be unlocked from day 541, & unlocked linearly over 540 days)
81% will be evenly divided into our 9 DeFi Liquidity mining pools
HDT will be the underlying unit of transfer for all market exchanges. It's how we ensure liquidity. Our public sale takes place early 2022, by the way, but you can also earn HDT through staking.
Crypto Library Team : Could you give us some information about your roadmap, your milestones, and also your future plans?
Timothy Biggar (HeliconNFT) : If you were to ask our development team, I'm sure they'd tell you that our most important milestone is the Agora, the market & economics platform that underpins everything we're doing.
Our market system and staking will go live in early 2022, but is already being thoroughly tested, and our game integration suite will launch not much longer after that, including some games we're working on with our partners (who I can talk about in the near future).
Our mystery box event is your first opportunity to get involved in our ecosystem. By registering for our whitelist, you will not only be one of the first to receive our updates but you will qualify for our NFT event in mid-December.
Participants will each receive an NFT mystery box that contains an in-game item or collectible card NFT of varying rarities. They will eventually be useable in our platform upon launch - either to sell or use in-game.
Anyone can sign up for the whitelist here: mystery.heliconnft.com. You can find a full breakdown of our roadmap on our homepage:
Participants will each receive an NFT mystery box that contains an in-game item or collectible card NFT of varying rarities. They will eventually be useable in our platform upon launch - either to sell or use in-game.
Anyone can sign up for the whitelist here: mystery.heliconnft.com. You can find a full breakdown of our roadmap on our homepage:
https://www.heliconnft.com/#Roadmap
And of course, anyone can ask us for more info on our Discord server discord.gg/heliconnft, as our team is almost always on.
And of course, anyone can ask us for more info on our Discord server discord.gg/heliconnft, as our team is almost always on.
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