AMA Recap Locometa x Vietnam Coin Market Community

9 min readFeb 21, 2022

Mr Hubert: Hello everyone,

Only 15 minutes left and the AMA event of LOCOMETA will be started

The representative for Vietnam Coin Market (VCM) is Admin Owner @taitan296 who will run AMA and LOCOMETA project’s representative is @locometasup.

Translator: @nguyetvcm

Vietnam Coin Market Group (VCM) will be locked to make the event convenient.

After Segment 3 of the Vietnam Coin Market group will be opened a chat so that the community can ask the project.

How’s everything going?

Again, it’s been my greatest pleasure to announce today’s special AMA session

“LOCOMETA”

Today’s AMA session is composed of 4 parts:

✔️ Part 1 — Welcome

✔️ Part 2 — Q&A

✔️ Part 3 — Questions on Twitter — Guest will choose the 5 best questions from this Tweet: https://twitter.com/chocoin_VN/status/1495412196104617989?s=20&t=3nHgtxloxeS46IMkDVNbaQ

🏆 Total Prize: $50 USDT

✔️ Part 4 — Free — asking: the guests will choose about 5 good questions to answer:

🏆 Total Prize: $50 USDT

Craving for the question rain ahead after I unmute the group.

Please join: https://t.me/LocoMetaGlobal

Anyway, let’s get the curtain roll-up and welcome @locometasup.

Mr LOCOMETA: Hi everyone!

Mr Hubert: Hello sir :))

It’s a pleasure to all of you who participated in the AMA today.

Could you briefly introduce about yourselves as well as your project?

Mr LOCOMETA: I am the person who acts as the bridge between the investor and the team of the LocoMeta project. I am the first assistant staff for the feedback, requests and problems of the users in the project.

LocoMeta is a blockchain-based business Metaverse game centered around NFTs, Staking, and Farming.

It is a mint to earn game designed to provide users with a fun experience by purchasing various NFTs in order to earn LOCO tokens in the LocoMeta Universe. Although in the beta version of the metaverse universe, these NFTs are earning models, they will provide priority to create the first in-game avatar and participate.

LocoMeta aims to be the best creative Metaverse game on the blockchain, while allowing its users to enjoy being part of a limitless universe, the excitement of strategic gameplay and also earning LOCO token.

The game is deployed on the Binance Smart Chain and is compatible with web3 wallets such as Trust Wallet, which will be used to accept transactions and pay for gas fees. Trust Wallet can be installed as a browser extension, or as an application on your mobile devices. Assets are player-owned NFTs minted in the BEP-1155 standard which may be traded on our marketplace or selling them via P2P to another player.

Mr Hubert: How wonderful, sir. The VCM audience is also eager to study the LOCOMETA project.

Looking forward to have our audiences to know more about the project and the views.

Let’s get to the first question we’d like to know from you.

What makes the LOCOMETA project stand out more than the projects in the same direction at the moment?

Mr LOCOMETA: The most important feature that distinguishes the LocoMeta project from other projects is that it wants to offer a flamboyant ecosystem and an enjoyable experience to users. Our machinists work hard to successfully lift the train. 🚂

LocoMeta is a project in all of the GameFi, DeFi, Metaverse ecosystems. It is a project that will give you the opportunity to experience in many fields.

Mr Hubert: We will come to the next question:

Who are some business partners/clients for LOCOMETA?

Mr LOCOMETA: The LocoMeta project is currently in partnership negotiations with many large companies, but for now, it is not possible for me to share their names with you. Announcements will be made on our announcement channel and twitter account in the coming days.

The companies we interviewed are companies that all crypto investors know.

Mr Hubert: Thanks for your sharing. We continue to spend some time with VCM audiences. :))

Can’t wait any longer. I think the audience is wanting to learn more about the project:

What are the memorable milestones of LOCOMETA in the research and development process?

Mr LOCOMETA: We realize that creating value in the crypto industry is difficult and we don’t want anyone to be victimized. It was very important for us that everyone could have a fun and enjoyable experience. Nft and gamefi ecosystem are a complementary whole.

We were very excited to integrate this whole into the game. In this section, we think that “MINT TO EARN” is a part that will make you happy. If you ask what kind of function your nfts have, the most important issue is that you are a train going to the end of the world, this train will always be a source of income for you. Don’t forget that, don’t forget to review the “MINT TO EARN” section on our roadmap. We have a train to the end of the world. You are about to gain access to a game that goes to the Metaverse Universe at the end of a world that we plan to complete in the year 2023.

The NFT tokens in LocoMeta are extremely dynamic, useful, and functional in the in-game universe. While many NFTs currently in the crypto space are strictly collectibles or “artwork”, the NFTs in the LocoMetaNFT Framework serve multiple uses.

Players can transfer the NFT tokens out of the game universe and sell them or exchange them on 3rd party sites. However, the LOCO NFTs serve functional purposes in the LocoMeta universe.

The NFTs in LocoMeta are much more than just collectibles — while they do look cool, they are also fully functional and beneficial to your character in-game.

Each NFT has its own level and feature.

https://docs.locometa.io/mint-to-earn/wagon

Mr Hubert: Feeling quite excited about this project, sir. I think everyone will love it and support it as well.

We to the last question of the Q-A segment:

What does LOCOMETA plan to do to attract more users in the upcoming time?

Mr LOCOMETA: The LocoMeta project will collaborate with projects that are frequently mentioned in order to promote itself more and move forward more strongly, and will work innovatively for both its ecosystem in the crypto industry and its own ecosystem with devoted work. We continue to work on a regional and global scale.

Mr Hubert: The last question is already done. Thank you @locometasup for bringing the above useful information.

We’ll move on to segment 3: Questions on Twitter.

#1. Most investors are mainly concerned with the token’s short-term price rather than the project’s long term value. Can you think of some fresh long-term investment strategies for users? What can we expect in the near and long term from this project? @Akbor_ali_9

Thanks for this question.

We will have strong partners to ensure the project’s success, and the LocoMeta ecosystem will become more valuable as a result. It is extremely difficult to build an ecosystem in a single day, as everyone is aware; I’m sure we’re on a train to the end of the world. For our train, we need strong holders. Early-stage investors who back the strong train will be rewarded in a variety of ways. We do not want to be a one-time project; rather, we want to be a long-term presence in the sector, so it is our goal to be one of the sector’s pioneers by making the right moves at the right time.

#2. Security is a critical consideration. So, is your project currently being audited? How do you persuade investors that your security system is secure enough? @hasan ali 89

Thank you for asking such an interesting question.

“Security,” one of the most important issues of blockchain technology, is one of everyone’s concerns. Our project will, of course, be audited by an auditing firm, and we are currently in contact with these auditing firms.

#3. What is your global expansion strategy? Which regions are you currently focusing on, or are you focusing on building and growing to gain customers, users, and partners? @Farha92559113Rj

Thank you for asking such a good question.

We want our project to remain on a global scale. We’ve started some local groups and want to expand them. For our project to be successful, we need to be present in the global market, and we believe we can do so.

Official Group:@LocoMetaGlobal

Official Announcement: @LocoMetaAnnouncement

Join Your Local Community

1.Vietnam @LocoMeta_VN

2.Turkish @LocoMetaTurkey

3.Indonesia @LocoMetaIndonesia

#5. Could you please provide us with an overview of the ‘LocoMeta’ token economics? Is the token intended to rise and fall in tandem with the platform’s success, and does it include any scarcity paths such as stake, store, or burn? @thichandau

Thank you for asking such an interesting question.

The Locometa token will be used to buy and trade NFTs both in-game and outside of the game world. We anticipate that this will be one of the token’s primary applications. Players will be able to list their NFTs for sale and exchange them for the Locometa token via the in-game auction houses.

The Locometa token can also be staked and used for farming outside of the game universe. Users will be rewarded when they stake or use the token to farm.

The Binance Smart Chain is linked to and synchronized with the Locometa token. As a result, it can be easily, quickly, and inexpensively transferred from one wallet to another on the network. It can also enter and exit the Locometa.

The token’s primary function is as the Locometa universe’s native in-game currency. The currency is used to buy items in-game, swap for NFTs, repair damaged items, buy fuel, and other things. The project will include token burning processes. It is impossible to predict how frequently this will occur at this time.

#5. So far, no blockchain game has decided to include a social component among its services; I believe that this is essential for promoting the massification and adoption of communities. So, if they integrate it, will it be multilingual? @Patha24874505

Thank you for asking such a nice question.

In its initial form, our project will be published in English. We can then try to integrate different languages, which I believe we can do.

Mr Hubert: The last question is already done. Thank you @locometasup for bringing the above useful information.

Next, the Vietnam Coin Market Community will open a chat for the community to ask questions to the project. We will have 120s to ask. The LOCOMETA project will then choose 5 questions to answer.

Let’s go!

Now!

Let’s give some mins for @locometasup to choose 5 questions to answer.

@locometasup, you may proceed now.

Question 1. What’s your main focus right now, are you focused on the community or market/Exchange or the products?

Our main focus is our project and our investors. We are in partnership negotiations and we are getting good returns. We are sure that our investors will be happy too.

Question 2. Do you allow suggestions and feedback from the community? Are we allowed in decision making, do you put community into consideration ?

Definitely! This is very important to us. We believe that listening to the community is a way of continuing the project and reaching more people.

Question 3. Do you guys feel satisfied by seeing your progresses and achievements till now, when you look back to the day when you have started this project?

Although we have made quite good progress, we want more. The LocoMeta project wants to create more products and value by leveraging blockchain technology. All the products put forward will help the continuity of the project and attract new investors to the project. Each of our products will have unique and valuable features.

Question 4. Can you share Your opinion about Defi & NFT ? What makes your NFTs rate and special?

Players can transfer the NFT tokens out of the game universe and sell them or exchange them on 3rd party sites. However, the LOCO NFTs serve functional purposes in the LocoMeta universe.

The NFTs in LocoMeta are much more than just collectibles — while they do look cool, they are also fully functional and beneficial to your character in-game.

Each NFT has its own level and feature. The wagon has a multiplier value. It determines the quantity of ticket production, seat production time and reduces the machinist distribution time.

Question 5. IS This Your project only for elite investors, how about others with small funds, is it open to everyone?

Our project is suitable for everyone’s budget. Do not forget to follow our twitter and announcement channel for detailed information and sales.

VIETNAM COIN MARKET COMMUNITY INFORMATION:

Vietnam Coin Market Community: http://t.me/chocoin_VN

AMA channel: http://t.me/amachocoin_VN

VCM Announcement: http://t.me/vcmannouncement

Medium: https://chocoin-vn.medium.com

Discord: https://discord.gg/qCg9K6Hez4

Youtube VCM: https://www.youtube.com/c/vietnamcoinmarket

Twitter VCM: http://twitter.com/chocoin_VN

Email: vietnamcommunity.ccvn@gmail.com

Wechat ID: taitan296