1st AMA Transcript Release
Q1: Can you tell me what Bxie Infinity is?
A: Bxie Infinity is a play-to-earn game based on Binance Smart Chain. In the game, members can earn cryptos by battling in PVP and PVE mode. They can also trade bxies to generate income. Our aim is to develop a game that adopts a similar playstyle as Axie’s but is more starter-friendly and fun to play.
Q2: Is Bxie Infinity a sister company of Axie Infinity? If not, what’s the difference between the two games?
A: Our team has no affiliation with Axie Infinity, we are two separate entities. Bxie is a game forked from Axie Infinity. With that said, the two games are different in many ways. For one, Bxie Infinity’s admission threshold is way lower than Axie’s.
In fact, forking is not new to the blockchain industry. Bitcoin cash forked from Bitcoin, Sushiswap and Pancakeswap both forked from Uniswap. Binance Smart Chain forked from Ethereum. All of those projects have had great success. Forking is meant to resolve the issues of existing projects. When there is new demand, there will always be new suppliers.
Bxie infinity is simply an effort being made to achieve yet another level of perfection. Our team is aware of the fact that Axie Infinity’s accessibility has gradually contracted since its release. For example,Axie Infinity requires newcomers to install a wallet and a game client to play, which entails significant technical difficulties for starters. Besides, Axie Infinity’s gas fee is currently up to $100, which makes the pet purchase and marketplace transaction unaffordable for many.
In comparison, Bxie Infinity does not mandate any client installation, and the gas fee is much lower than that of Axie Infinity’s.
Q3: Can you tell me more about your team? What’s their background?
A: Our staff members come from different nationalities, and their common passion to make a better play-to-earn game for the global community brought them together. We have Koreans, Vietnamese and Japanese working on this project hand-in-hand. Bxie Infinity is not the first project we’ve worked on; our developers came from a variety of blockchain and GameFi projects, so not only do they know the downside of the existing projects, but they also know what to add to empower the new project.
Due to the ongoing pandemic, most of our employees are still working remotely. With that said, meeting with webcams and time-zone differences haven’t slowed us down. We are looking forward to the official launch of Bxie Infinity in the next 2 months.
Q4: Thank you! Now, let’s dive into more technical details. How much money should I pay in order to play the game? Steve?
A: You need at least 3 bxies in order to play the game. However, everyone should be able to get one bxie for free at our airdrop event. That means you only need to purchase 2 bxies to join the game. We are looking at $5-$20 per bxies for the initial offering, so the financial threshold to play the game should be less than $40. Also, some of our most passionate players have already invited more than 50 friends. They have the chance to unlock all three bxies at the airdrop event, so they can play the game for free.
Q5: Many people are also concerned about their financial security. What efforts have you made to erase those doubts?
A: First and foremost, we will lock our liquidity pool for a 3-5 year period so rugpulling will not be possible. In other words, we as developers will not be able to withdraw any assets of the established value from the liquidity pool during the period, which in this case is the BNB you spent to purchase our BXS. Locking the liquidity pool is THE best guarantee of everyone’s asset security.
Since the project is still in early-stage, what we can do now is try to be more transparent and responsive to our community. Though we are currently short-handed, we are still actively responding to the most frequently asked questions from our users. In order to bridge a more efficient channel of communication, we are also recruiting voluntary moderators from the community.
Actually, holding AMA sessions like this one is meant to achieve the same purpose.
Q6: Locking the liquidity pool is a decent assurance to the community. What about auditing?
A: BXS has already been audited by Solidity Finance, the report rated our project from a variety of aspects including centralization of control, external threats and ownerships. You can find the report online.
Q7: When is the game going to be released?
A: Bxie Infinity will be released in January 2022. Our team is working round the clock to make sure that the game meets everyone’s expectations. To give you more details regarding the release date, the game should go live in 1-4 weeks after BXS is listed on Pancakeswap. What I can tell you is that the game development is already in the debug stage, so for all of you who have participated in our presale, you shouldn’t have to wait long.
Q8: When will BXS be listed?
A: BXS will be listed on Pancake Swap on Dec 26th. We’ve already posted our Q4 timetable on Twitter, feel free to take a look after this session.
Q9: What can BXS be used for?
A: First of all, breeding bxies consumes BXS. As a currency of financial value, you can also stake your BXS to generate returns. Besides this, BXS will also be used to distribute seasonal rewards and scholarships. For BXS holders, the currency represents voting power in meta-governance.
Q10: Which payment method does Bxie infinity accept?
A: We accept all bep20 wallets, but we do recommend Trust Wallet and Metamask. You can transfer your BNB to either one of them to purchase BXS during the presale.
Q11: Cheating and hacking happen in every game. Considering that Bxie Infinity’s in-game assets have financial value, what has the team done to counter cheaters?
A: As many other GameFis have experienced, we also encountered cheaters at the very beginning of the presale. The most common ones are the people who fake friend referrals with smurfs to gain airdrop rewards. We disqualified them and reset their progression to zero. In late November, some players used multiple smurfs to claim bxies, which at one point broke our daily quota of bxies generation. Upon notice, we immediately turned on our backup servers to generate more bxies to fill the gap. In the meantime, we also began to trace and ban those cheaters’ accounts.
Maintaining fairness and financial safety are at the top of our list. We will continue to work endlessly on anti-cheat mechanisms to ensure a better gaming environment for all.
Q12: What is your marketing strategy, and how is it working out for you so far?
A: We have already advertised on several crypto-websites and social media platforms. We are also working with KOLs to bring in more players. KOLs are the lifeline of a play-to-earn game; they create and run guilds which are vital to a play-to-earn game.
Up until now, we already have over 10,000 followers on twitter and our telegram group has grown to 20,000 members. Our community is vibrant, and many members have actively participated in our presale.
Marketing has always been one of our top priorities, it is not only important to us, but also to our players. A greater player-base generates more transactions which can boost the market value of our in-game currency and bxies. As the game gets more and more popular, we can expect more press releases about us on mainstream media outlets. Looking further ahead, we aim to push the listing of BXS on major centralized exchanges.
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