AMA Recap Crypto Library with WAM

                                       

On 25th November 2021, WAM conducted an AMA in the Crypto Library Community. Our guest is WAM Team. Lots of questions as usual from the Community about WAM progress. The WAM 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 WAM.

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?

(WAM) : WAM.app is the first hypercasual crypto gaming platform offering its users to play and earn crypto rewards! WAM.app is built by an international team of experienced people in game publishing, marketing, community management and business development. WAM.app is a fully functional, already internationally validated play-to-earn social gaming platform where users can compete in skill-based tournaments on simple and highly engaging and entertaining hyper-casual games, to win crypto rewards. 
  • Anca - our amazing CPO - chief publishing officer, who is responsible for all those AMAZING games you play and that steal your time BUT give you XP rewards when tournaments end.  
  • Olga - a CMO - chief marketing officer and I don't want to talk about myself here cuz me = my team! Asya, Sasha, Dashulka, Zian - they all are great and there would be no CMO if there was no such great team behind this abbreviation. 
  • Larisa - oh our lovely Larisa is the COO - chief operational officer - who is in charge of all our legal stuff and payments to make sure we abide the crypto rules and all payments reach their targets. 
  • Vlad - cto - chief technical officer - who is actually an all-hands & all-fronts guy, very smart and VERY experienced in development (tbh, I never received an answer "i don't know how to do it", he always knows). 
  • Alex - CBO - chief business development officer - with many years experience doing successful business, managing multi-million budgets and a very skillful guy in PR. 
  • Daniel - our lovely CEO - who is a self-made person who is a very experienced developer in the gaming niche, our drivem our engine, the person we ALL want to follow, this is our CEO
And if you want to know more about the team and little bit more "boring" stats from our previous experience, follow this link https://whitepaper.wam.app/the-team.
FIRST SEGMENT (HOST)
Crypto Library Team : What is WamApp? and how secure is this platform?

(WAM) : WAM.app is a play-to-earn crypto-gaming platform where people compete in simple games to win crypto ( $WAM & NFTs ). It's a LIVE product with users and can be download from google and apple or directly in the browser on your mobile device. Security wise we are running our 2nd penetration test this week and so far we're looking good. Plus the blockchain brings its own layer of fund security. 

Crypto Library Team : What kind of games can we play in WamApp? And what benefits will users/players get?

(WAM) : We have 35 hypercasual games!! Imagine 35 incredible games divided into 4 tournament types (or walls). Now, players can earn XP that will convert to $WAM after TGE (token generation event) in December. Join WAM.app on:
Crypto Library Team : Please tell us about $WAM token in more detail!

(WAM) : Wam Coin is the official and only crypto currency of the WAM.app. WAM Coin will be unlocked gradually in a pre-determined schedule that will last for 120 months from the Token Generation Event (TGE). The initial circulating supply is set to 20,000,000 WAM Coins with an initial market cap at list price of US$500,000. Before the TGE, which will take place in December 2021, all WAM.app players can register on the platform for free and get their welcome 2,500 Experience Points (XP). They can increase their XP through participation in Public tournaments. The more XP they earn, the more WAM Coins they will have converted after TGE. Our token has a few different utilities, of which we can mention:

1. In order to join the tournaments on WAM.app you'll need to have WAM Coins; You join the tournaments, make a great score (skill based) and win a good position in the leaderboard in order to receive a % of the tournament reward pool; this is the main utility cause any player who wants to join WAM.app need to have the coins;

2. We'll have NFT passes for some special tournaments where the reward pool is guaranteed by the platform (so you just join by having the NFT and you can win a % of the tournament reward pool). These NFTs can be earned as a reward for achieving some great results or you can purchase them with WAM Coins from the marketplace (coming soon).

3. We'll have a third party developer program where people who own WAM Coins can invest in the games that developers want to build. These games will be then published on WAM.app and those who invested in the game will get a % from the reward pools of the tournaments created with the game.

4. In order to create private tournaments (which are something already available) to host a special event for your followers if you are an influencer for example – you also need to own WAM Coins The creator will get a % of his tournament reward pool.

And many more like staking (locking), liquidity mining, etc. For more detailed information on the Tokenomics and their allocation, please, follow the link to the Whitepaper: 
Crypto Library Team : Could you give us some information about your roadmap, your milestones, and also your future plans?

(WAM) : So fisrt of all, we are building AI powered user-generated games. from which the creator can make $WAM. After the TGE the main goal is to integrate the blockchain with our app to allow users to play-to-earn directly with $WAM - this will be huge! and the NFT marketplace to trade skins, avatars, powerups and more. Also let's not forget that all the users that play right now on WAM, are winning XP, which will be converted into $WAM Coins when we'll migrate the platfrom to the blockchain version. This will be a big event as well, after the TGE.
SECOND SEGMENT (TWITTER)
Crypto Library Team : WAM is mobile-friendly and available on all mobile devices. This platform is relatively new, what are the strongest points to compete with other games to play to win? What is the most fascinating thing about this game, to attract millions of users to the metaverse?

(WAM) : The platform launched in Sep 2019 as a private alpha and in Feb 2020 as a public beta. reached 2,5M users in less than 45 days and this year in total more than +3,5M ( pretty cool for a new platform - @olazb @davramova @a_siya @tormarik get the credits for that ). Now, coming back to this: what are the strongest points to compete with other games to play to win?

WAM.app is a platform with many games ( and a lot more coming ) with a live product, international recognition and a HUGE engagement ( will share the numbers here ). on WAM you do not have to be a hardcore gamer to make money since the games are light and fun. THIS is a very strong point.

Then, the ability to OWN your game or tournament on WAM and to make money from the tournament fees is unique to us and will revolutionize EVERYTHING ( please use whisper voice here... did the caps for extra drama )

What is the most fascinating thing? That you can play on any device, without having to invest a lot of time and you can make 5x your monthly salary just by being good at something fun games.

The other very important aspect is: in order to be a mass market product and ignite the crypto adoption, WAM has to be simple and to make the tech sit in the background.

99% of people are scared of crypto because it looks very complex. we want to make it simple for people to buy with their CC from WAM the necessary $WAM to play and win -> huge reach

Third and last: we are chain agnostic. we do not care about which blockchain to use, even if we are launching on BSC. we are not a blockchain development company. we are a product company who decided to use the blockchain to enable everyone in the world to make money with ease.

Crypto Library Team : Many games claim their games as a Play 2 earn, but in fact, most of them just PAY to EARN, we need to do some investment more and more to achieve the best rank in leaderboard, then please tell me what kind of games that Wam Coin games in terms of initial investment?

(WAM) : There is a simple mechanism in the way tournaments are happening on WAM:

1. You pay a fee to enter a tournament. there are no free tournaments
2. Depending on the tournament ( amateur, semi-pro, pro, legend ), the fee is different
3. Once you entered and the game opens you can start playing
4. You have 3 revivals you can use ( paid )
5. If you reached the 3 revival, the game resets

The logic is this: none can use money in order to advance. This is where the fairness comes from. Given we have 35 games and more coming, each person will find their own favourite games and be really good at them. 

Crypto Library Team : Play to earn games have been the biggest boom in crypto in 2021, and most of them have failed in the long term. What features does WAM share with axie Infinity that could make it last in the long term and to be profitable?

(WAM) : No features. we're a completely different product and vision. we are looking to address the mass market whereas Axie (btw awesome stuff) is focused on hardcore gamers. Also it's a bit early to talk about long term about projects launched in the same year. We believe WAM will be the #1 platform in the world with a $100B valuation in 5 years <--- this is long term.

Crypto Library Team : According to your whitepaper, on your platform the more a player wins the more their in-platform rank grows, could you tell us what implications there are for being in a higher rank? Do you give better rewards for users in the top? Can top players compete each other for prizes?

(WAM) : When you rank higher in a tournament, it's logical you get more XP ($WAM later) when tournaments end. And for opening new walls (Semi-Pro, Pro, Legend), you get to play other games, compete with more skillful players and get more coins, since the entry fee on each of these levels increases. (example: 500 XP for Amateur and 2500 XP for Semi-Pro). 

Crypto Library Team : Undoubtedly WAM is a very diverse platform in cryptographic games, how many games can members enjoy within this platform? In tournaments for friends and family will there be a limit of players for each game or can we invite as many as we want?

(WAM) : 35 games today, you can invite as many as you want.
THIRD SEGMENT (LIVE QUESTIONS) 
Crypto Library Team : Do you have any social media for this project? From where we can learn something? Please share with us link!

(WAM) : Thank you for this question. WAM.app is a play-to-earn social gaming platform where users can compete in skill-based tournaments on simple and highly engaging and entertaining hyper-casual games, to win crypto rewards! Check our whitepaper: https://whitepaper.wam.app/.
Join WAM.app on:
 Find us in other socials:
Crypto Library Team : Sir Which do you think is more important:
A. Community
B. Investors
C. Token Price

If all of the above is important to you, which should come first?

(WAM) : Of course, all the three are important:
A. Community
B. Investors
C. Token Price

BUT! Would any of the projects have an investor who is willing to support it along the way without the Community backing up the project? Or would the token price increase without Community first and Investments second? It's a chicken-and-egg question but we all know that all good things start from the people, so the answer is - that would be the Community.

Crypto Library Team :  Ambassadors play a very important role in every project, Do you have an ambassador program? If yes, How can I be one ?

(WAM) : Onboarding ambassadors from different countries has already begun. The primary purpose is to spread awareness about our platform. We are now establishing partnerships with various gamers, that are willing to battle in tournaments with other players in live stream environments! Tapping into the most active communities of the game industry, like the Philippines, China, Japan, South Korea, and many others. We came prepared for every community, as its part of our foundation!

Crypto Library Team : Your project has great features. Do you have an AUDIT certificate or are you working to AUDIT your project to make project security more secure and reliable?

(WAM) : We are in touch with Certik already as they will help us with an official audit.

Crypto Library Team : Can you tell us more about your vision and mission that your project is focusing until end of this year?

(WAM) : To keep you intrigued, I will not respond to this question today BUT you will get the answer in our upcoming article where we open up all details about our vision that you can read in our blog https://blog.wam.app/. Stay tuned and join our Telegram channel where we share these news https://t.me/wamapp.

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