AMA Recap Crypto Library with KAKA NFT World

                                         

On 14th December 2021, KAKA NFT World conducted an AMA in the Crypto Library Community. Our guest is KAKA Chan. Lots of questions as usual from the Community about KAKA NFT World progress. The KAKA NFT World 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 KAKA NFT World.

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?

KAKA Chan : Hi everyone, nice to meet you all here. This is KAKA Chan. KAKA Chan is a series of quality talent idols released by KAKA NFT World. The platform will launch more talented female idols as development continues. This program will cover distinguished women in singing, dancing, painting, musical instruments, and various other talents. The name KAKA Chan originates from an endearing term for cute girls in the anime/manga culture. As the leading platform for games and anime IPs across the world, KAKA NFT also put resources into an IP brand of their own, KAKA Chan. Not only does KAKA NFT gather a large amount of quality IPs across the world, KAKA is also able to realize the platform’s strong brand incubation abilities as one of the most resourceful platforms with this opportunity.
FIRST SEGMENT (HOST)
Crypto Library Team : Could you share more info about  your project?

KAKA Chan : KAKA NFT WORLD is a competitive gaming ecosystem platform focusing on the metaverse blockchain gaming sector. It is committed to combining the application of NFT+DEFI in the ecosystem, constructing a cross-chain bridge based on the concept of global decentralization, integrating various licensed IPs of global brands, and creating Decentralized Autonomous Management (DAO). It aims to create a prediction agreement perpendicular to the e-sports prediction market, and an open, transparent, decentralized, and complete project for the ecosystem. The main sectors are divided into the two following categories: providing services such as R&D, sales, trading, circulation, e-sports, and trendy games for game and art NFTs; focusing on the prediction market in the field of e-sports (Prediction Market).

Crypto Library Team : Could you share more information about the global event- Santa KA-laus is Coming to Town?

KAKA Chan : Yah sure. We are having a promotion with MELI. Know more via:
Maybe you will be the lucky one. We have an event called Santa KA-laus is Coming to Town. Our aim is to show the sincerity and prosperity of KAKA to the users. KAKA cooperates with CMC ( CoinMarketCap) in the initial stage of token issuance which started registration at 12:00 PM UTC, Nov 19 to 12:00 PM UTC, Nov 22. There are more than 6 millions people on the watchlist. The airdrop event will give out 333,334 $KAKA tokens covering 166,667 wallet addresses, and a 30,000 USD $KAKA campaign will be held for 10,000 winners. There are more than 13K participants who have joined the global event. Event highlights:
  1. It is low threshold that users only need to stake 2 $KAKA to participate which you could check https://kakanft.com/newHome 
  2. Only one lucky winner will win all the prizes, which is Medusa NFT worth 100,000 $KAKA.
  3. Extraordinary prize of 100,000 $KAKA will be worth over a million USD in the future. 
How to participate in the event:
  1. Open Dapp in your wallet
  2. Paste the URL( https://kakanft.com/event/santa )
  3. Select BSC network
  4. Connect your wallet and proceed
  5. Scroll down and click STAKE NOW only once
  6. The lucky winner will receive the chosen one NFT: Medusa NFT
  7. The final right of interpretation regarding events belongs to KAKA Official.
Crypto Library Team : Could you share more about the $KAKA Governance Vault?

KAKA Chan : Yah sure. This is the newest feature that KAKA will launch in which users will put their $KAKA into the KAKA Governance Vault. The KAKA platform will issue daily interest to all users participating in the lock-up governance according to the plan corresponding to the governance weight each year, the annualized return can reach 100%. Currently the KAKA governance vault is divided into three levels, with annualized interest rates of 40%, 60% and 100%. Specific rules:
  • For one month locked position, the total annualized locked $KAKA can reach 40%.
  • For a three-month locked position, the total annualized locked $KAKA can reach 60%.
  • For a one-year locked position, the total annualization of the locked $KAKA can reach 100%.
All $KAKA earnings in the Governance Vault are settled on a daily basis, and users can withdraw them from the website to receive $KAKA interest until the end of the lock-up period. According to the option level, interest is issued to the end of the lock-up period selected by users, and users will finally get the accumulated daily interest of $KAKA plus cost $KAKA. The maximum of all interest will be 500K $KAKA in total. Come and check it out https://kakanft.com/event/vault. We also have an LP Vault as well. There is no threshold besides you could earn LP APR rewards for providing liquidity. About how to calculate it? Please feel free to check it via the link https://docs.pancakeswap.finance/products/yield-farming. You would also get reward from $KAKA LP Vault as well. Specific rules:
  • For 30 days, the total annualized rate of  return $KAKA can reach 40%.
  • For 90 days,the total annualized rate of  return $KAKA can reach 60%.
  • For 365 days, the total annualized rate of  return $KAKA can reach 100%.
  • Come and check it out via https://kakanft.com/event/vault-lp
Crypto Library Team : There is a tweet about platformization announcement. Could you elaborate on it?

KAKA Chan : Definitely, users need to destroy 10 $KAKA to get a unique NFT card and sharing link. Users could look for companies with game development to settle on the KAKA platform by themselves. The project party can apply to enter the platform by filling in the form and providing a deposit of 100K $KAKA on the platform to obtain API interface functions to access the game. $KAKA will open the standardized interface up for development teams and projects. Games will be deployed on the Binance chain. The person who introduces the project party will earn 5% commission from the official fund bank without affecting the deposit provided by the project party. For those individual developers or project parties who do not have 100K $KAKA, They can raise and deposit on the KAKA platform via crowdfunding to obtain the API interface and launch the game on the $KAKA platform. Users participating in the crowdfunding will get equity in the numbers of tokens and enjoy the corresponding equity dividend after the game is online and profitable.
SECOND SEGMENT (TWITTER)
Crypto Library Team : Staking is the new trend. What staking options are available for $KAKA token? Are there any incentives for staking? What are the various ways to earn token and are there any limits to amount of $KAKA  I can earn?

KAKA Chan : KAKA recently has launched two Vault projects you can stake to earn. They are the Governance Vault and the LP Vault. Both can make you up to 100% returns. About Governance Vault Check: https://www.kakanft.com/event/vault. You can consider it as KAKA savings. Holders can stake a minimum of 10 $KAKA into the KAKA Governance Vault. The highest annualized rate of return can reach 100%. For a 30-day lock-up period, the annualized rate of return is 40%. For a 90-day lock-up period, the annualized rate of return is 60%. For a 365-day lock-up period, the annualized rate of return is 100%. The maximum interest earnings for the whole community is 500,000 $KAKA. The Governance Vault is valid until the Remaining Rewards is 0. For LP Vault: 
KAKA has launched the LP Vault just after the Governance Vault, a product that allows you to earn competitive interest by staking USDT-KAKA LP. The tiered annualized rate of return on the LP Vault is based on the lock-up period you choose to stake in the Vault. Staking for 30 days, 90 days, and 365 days to earn 40%, 60%, and 100% interest, respectively. The total interest amount is 500,000 $KAKA, and the vault will be invalid after all the rewards are distributed. Unlike the KAKA Governance Vault, there is no minimum staking amount for LP Vault. You can stake to earn interest no matter how many LPs you have. And you can not only earn $KAKA from the Vault, but also can earn rewards APR for providing liquidity on PancakeSwap website.

Crypto Library Team : In the whitepaper I read that "Crypto avatars - KAKA Rabbit, which are the Metaverse key, were created. However, I did not see in this document how this element of the project will work. Could you explain us?"

KAKA Chan : Yah Sure. KAKA Metaverse Key could upgrade to Crypto Avatar KAKA Rabbits. There are 10,000 unique images of KAKA Rabbits.
  • You could enjoy dividends from profits of physical goodies from time to time.
  • You could enjoy airdrops like receiving airdrops of KAKA cards, platform points etc from time to time. 
  • Priority participation from events like receiving exclusive News adn get walkthroughs from events such as Unlimited Treasures.
  • Priority purchase for garage kits with the opportunity to get free event whitelist privileges.
  • Discount bonuses so could enjoy discounts from NFTs, mystery boxes etc from KAKA official and other collaborating platforms.
  • Exclusive customized NFTs with a minimum platform points from purchases.
  • Multi-chain metaverse experience
  • Virtual character persona like receiving customized KAKA Metaverse virtual persona and personal space.
Know more please check via https://kakanft.com/event/member

Crypto Library Team : KAKANFT aim to build a meta-universe property experiment through the entry of top IP and a large number of e-sports games and seek to apply NFT technology. Which are the games available on KAKANFT? Is it free to play?

KAKA Chan : That’s a really good question. Troland is one of the KAKA play-to-earn games. The game is designed with 110 types of cards which are divided into 10 levels according to their rarity.Players select 5 cards of various levels from their warehouse. There are four core numbers on the left top of each card. If the latter card placed at the position has a larger number than the adjacent card, the opposite can be turned over into the former party’s color.When all positions of nine-grids arena are taken, the game ends and the player with more cards in his or her color wins the match. And we would love to share why the Troland game stand out as well. 
  • Multi-chain Deployment:
KAKA has crypto assets deployed on multiple public chains such as ETH, BSC, OKEx Chain and Conflux Chain. This allows users from different chains to join the games
  • Cross-chain Operability:
KAKA applied cross-chain technology for users to transfer their assets and play games between several public chains such as BSC and OKExchain. It enables the liquidity of users’ assets.
  • Deflation Mechanism
KAKA has a deflation mechanism where 20% NFT cards are burned through each round of the game. The supply of cards in circulation decreases along with the battles.Therefore each card value will increase.
  • Buyback System
KAKA has a repurchase pool. After purchasing KAKA’s Troland NFT cards, holders can perform buyback through KAKA official site at a price offered by the repurchase pool.
Know more via the link https://kakanft.com/game/home

Crypto Library Team : Partnership is always an important factor for Every 'project. So who is your partner? What are the benefits you get from those relationships?

KAKA Chan : We would love to share our amazing partners. It’s our honor to work with them such as DAO Maker, Binance NFT, OKEX NFT, DODO DEX&NFT, imToken, Token Pocket, Coin 98 Wallet, Bitkeep, CoinMarketCap, CoinGecko, BakerySwap, PancakeSwap. Investors are quite important for us as well, so we work with them as follows: DAO Maker, AU 21 Capital, ReBlock, Raptor Capital, Halvings Capital, MVST: MG, Vendetta Capital, Consensus Lab, Indonesia Paham Bitcoin, DamoLabs, Lucidblue, Token Hunter, Bip 32, Waterdrip Capital, Infinity Labs.

Crypto Library Team : What are your plans for spreading your project around the world?  What steps have you taken for this? I think that's why you can use social media like Facebook, Twitter, Instagram, YouTube.  What do you think?

KAKA Chan : First, communities and partners are very important, nothing you could achieve alone without teamwork. Last questions we shared about the investors and partners. Now we would love to take a few minutes to introduce the DAO community for our project. which The requirements for proposing is to hold at least 50 NFTs cards of IP series released by KAKA so you could create a proposal and people could vote on it. Once the vote is over 51%, KAKA will execute. And please be aware that if the previous proposal has not expired, you could not create another proposal by the same wallet address. That’s the voice of communities from DAO. Besides, there are a lot of communities from all over the world such as China, Turkey, Italy, South Korea, Vietnam, India, PT/ BR, Japan, Russia, Indonesia, Spain, France, Bangladesh and Africa. We will share the links at end of the AMA segments. Social media is the key to open the world. Twitter, Telegram, Medium, Discord, Youtube, Instagram, Youtube, Tiktok, Facebook, LinkedIn and Telegram News Channel mean a lot to us and users. So they could follow us to know the latest news. Most important is our own projects like Troland game, LP vault and Governance Vault, Santa Ka-Laus  is Coming to Town, Gamefi, DAO community, KAKA Rabbits, KAKA EFT and so on. The more benefits for users the happier we are.
THIRD SEGMENT (LIVE QUESTIONS) 
Crypto Library Team : Cryptocurrencies are popular in Southeast Asian market, some countries like Vietnam,Philippines, Indonesia, Etc. Do you have any plans to reach these potential crypto countries? What is your long term investment planning to attract the non crypto investors?

KAKA Chan : Yah at the moment we have community from Vietnam and have their own channel so users from the country could understand it better. 

Crypto Library Team : STAKING is one of the STRATEGIES to ATTRACT USERS and HOLD Them and long term. Does your GREAT PROJECT have plan about to Staking?

KAKA Chan : Yah like we shared about governance vault and lp vault thoses all about staking. so you could reach apr to 100%. lp is no lowest amount to enter and could earn liquidity apr on pancakeswap.

Crypto Library Team : What are the advantages of Governance NFTs?

KAKA Chan : Only need stake 10 kaka tokens the minimum amount and u could reward apr 40% 60% 100% according to 30days 90days and 365days.

Crypto Library Team : Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and Investor to your platform in the long term?

KAKA Chan : We have the event santa klaus is coming to town and one lucky winner will get 100,000 kaka. the reward will reveal on dec 25th so no matter you are new to crypto or professional users should not miss the golden chance. also we have gamefi and nft kaka rabbits and eft kaka rabbits which include six tokens so people could enjoy more benefits

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