Recap AMA HERO CAT GAMEFI x Vietnam Coin Market Community

10 min readJan 14, 2022

I. Q — A

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

Thank you so much for having me here!!

Hello guys, I am Alita from the marketing group of HEROCAT. HEROCAT team is devoted to developing a game that integrates blockchain technologies, games, and finance. Players can not only have fun but also gain revenue when playing our game. Our team pays attention to solving the problems that appeared in traditional games, such as the negligence of game data and the violation of the rights of players, in order to develop a win-win game environment with strong engagement. We also aim to develop a healthy blockchain game ecosystem. Our players can not only gain HCT in our mining pet pool on the official website, but they can also clear the stages, upgrade their Herocats, and join a guild to have fun with people sharing the same goals in HEROCAT GAMEFI. HEROCAT is working on making the concept of “PLAY2EARN” become reality, and playing a role in the metaverse.

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

What makes the HERO CAT GAMEFI project stand out more than the projects in the same direction at the moment?

HEROCAT GAMEFI is an innovative project in terms of its application of gameplay, blockchain technologies, AI algorithm, and the Defi 3.0 economic system. Thus, so far, there have not been any projects that are similar to ours. Compared with other projects, HEROCAT aims at the balance of our ecosystems, such as the balance between veteran players and new players, and the balance of economic models. A lot of projects still applied an economic model which was developed very early. The economic model costs the new players higher costs and causes a high barrier to entry. It will lead to the gradual decrease of the number of new players and consequently lead to an unhealthy ecosystem. Our project follows our primary goal of sustainable development. When there are more new players, the community develops faster, and all players can get a higher output of mining.

HEROCAT team always focuses on the innovation and application of blockchain technologies. For example, all our mining pets and hero cats are NFTs. In the future, users who have these NFTs can trade their NFT freely in the market. With the development of the GameFi industry and the evolution of metaverse, in the near future, HCT can be used in many other places, such as in other games. In 2022, we are going to launch the brand-new Defi 3.0, which is an innovation of the blockchain application. We believe that these technologies will bring a lot of benefits for our community members.

We will come to the next question:

Who are some business partners/clients for HERO CAT GAMEFI?

We have developed partnerships with many innovative projects, such as Mobox, Token Pocket, Pancake Swap, NFTmake, etc. We are going to cooperate with more outstanding projects in the future, to develop metaverse together and play a role in the metaverse. We launch giveaway events jointly with other projects. So please keep following us and checking out our official website and official Twitter and Telegram groups for more information.

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

What are the memorable milestones of HERO CAT GAMEFI in the research and development process?

We have just announced our DEFI 3.0 There is no limitation of shares in most DEFI programs, however, we decided to adopt a “limited share + quota” system in our DEFI 3.0 program. The total quantities of LP are limited in each staking pool and the share of LP is based on the related levels of in-game characters that players own in our community. The “First come first served” rule is also applied. If the quota of LP is fulfilled, then no extra seats would be available for other community members until some players withdraw. ALso, our AI algorithm is one of our own unique feature. For more details about our DEFI 3.0, please check out our AMA today. The goal of the AI algorithm applied in HEROCAT is to remain the sustainability of the community and the game. More HCT will be burned if more new players come in. The economic model is relatively balanced due to many factors. Unlike other projects, which costs the new players higher costs and have a high barrier of entry, our project follows our primary goal of sustainable development. When there are more new players, the community develops faster, and all players can get a higher output of mining. Vice versa. Therefore, we highly recommend you fully understand our project and our rule, before you decide to join us.

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

What does HERO CAT GAMEFI plan to do to attract more users in the upcoming time?

We have a referral system, in which we provide players with abundant rewards. Veteran players can get rewards by inviting new players to our game. Also, our game is friendly to new players. We made detailed guidance for new players and we also launched several activities that benefited the new players. In the near future, we will launch our guild system, where people can meet other players with same goals, and have interactions.

II. Questions on Twitter.

#1. The first question, it’s quite interesting:

In your game #HeroCatGameFi, how can the gamer learn from the experience that makes them so veteran and powerful? How will NFT be used to power operational heroes? What innovative functions can these NFTs provide and how can they trade in the market?

from: @DavidDean78

I think one rule that can be applied on all occasions is that be rational and stick to your decision. In terms of NFT, as all hero cats are NFTs, they can be traded when we launch the NFT exchange market. In addition, we recommend you buy hero cats and improve your hero squad. We are going to launch an NFT HERO AUCTION. What I can tell you here is that players will be able to participate in the auction of rare, epic, and even legendary hero cats. Some auctions will be held every day, and some will be held every week, while some of them will be held every month. The auction is transparent and public. You can definitely form your dream squad by participating in the auction.

#2. Thanks for sharing; we come to question #2:

I witnessed lots of projects got hacked and failed due to their poor security. How can you guarantee the assets of gamers and investors in your ecosystem ? How many chains will you support ?

from: @Alifa5150

In terms of scams,

Firstly, our team has a group that is responsible for information security, and the group members are very experienced.

2, We have multiple verification modes, such as the google authenticator, and passcode for withdrawal to protect the account.

3. All our data is stored encrypted.

4. Both cold storage and hot wallet technologies are applied to all funds.

Currently, our tokens are based on BSC. But it is a good idea to expand the chains that we support. I believe it will increase our flexibility and adaptability.

#3. Thanks for sharing; we come to question #3:

I saw your gamemode…. So, how many battle modes are there in the game? Are there other functions within the game if I want to level up or gain experience to have more skill is it necessary to buy skill packs or how would it be in “#HeroCatGameFi” ?

From: @Andrew_W01

We have an arena, in which players are free to challenge other players. Players who win in the arena can have the chance to hit the leaderboard, so they can get rewards. Besides, we also have a fragment zone, in which players can gain hero fragments which can be used to merge a hero by defeating the boss. We also have the World Boss system, which players can participate once a day, and gain abundant rewards based on their contribution. Also, we will launch our guild system, in which players can have interactions and socialize with other players. And they can also get rewards in guild battles, and guild mining pools.

#4. We’ll come to the next interesting question, question #4:

How do you think with Asia market? Does your team have any plan approach ASEAN which the potential market in crypto, there have many great teams and investors want work and earn money from crypto?

from: @Alon14091

Asian market is emerging and it is at the time of prosperity in terms of blockchain technologies. I believe Asia will be a huge market for GameFi. We also witnessed how GameFi changed the lives of people who lived in developing countries. Also, there are a lot of talents in Asian countries, such as China. We have been seeing so many talents from Asian countries making great contributions to academic fields, so we definitely take it into our consideration.

#5. Thanks for sharing, we’ll come to question #5:

Covid-19 has a bad impact in almost every sector. So, as a crypto projects how did it affect you? How you and your team have done the work in the pandemic?

from: @kim_999a

Covid 19 has had a great impact on human beings all across the globe. Some countries are shutdown, while some countries faced the challenges of increasing unemployment. It is a tough time, for all human beings. However, we also saw how blockchain technologies helping people during the pandemic. I believe that blockchain technologies provide people with more possibilities to change their lifes. I also wish that blockchain technologies can be used to improve the life standard for all human beings.

III.Freeasking — Telegram.
Question 1. Can you share some Details about Recent Major Achievements done by your project? Also, what are the Future Roadmap & Targets of your project?

In 2022 Q1, we are going to launch our NFT market, DEFI3.0, staking programs, and guild system. We have finished the design and construction of our Defi3.0 staking pool A and it will be launched soon. Staking Pool A limits the share and the quota. Players need to get their LP quota based on the “first come first served” rule. When the quota is fulfilled, no extra seats would be available for other community members until some players withdraw. Staking Pool A consists of the initial staking pool and re-invest staking pool. The annualized rate of return in the re-invest staking pool is twice the annualized rate of return in the initial staking pool. About our guild system, our players can create their own guilds and recruit members who share the same goals. There are arena, mining pools and other unique features in this mode.

Question 2. Too many projects promise magic but never release any working product or prove any revenue, Within a short/long time of release. Is your project also like this? If not can u tell us, what makes your projec different from projects ?

Our project is not a short-term project, we focus on the stability and sustainability of the development of our community. We always recommend our users to go through our whitepaper and game guides before they invest in our programs. I think our recent achievements had proved that.

Herocat was ranked top 10 in Dappradar BSC GameFi

Herocat GameFi has successfully registered in the Binance MVB4 Competition.

The buyback of 20 million HCT was done and our team has spent 4 million USDT on the buyback program. We made a liquidity pool in pancake swap, with 20 million HCT and 4 million USDT. The liquidity pool values 8 million BUSD.

HEROCAT has more than 90k players, with 50k active users.

Question 3. Southeast Asia is a very vibrant market and there are many new platforms under development. So what do you think about Southeast Asia and do you have plans to grow there?

Southeast Asia develops so fast in recent years, especially the economy. So Southeast Asia will definitely become one of our target markets in the near future. We believe that the development of the community needs the contribution coming from all community members and we would like to see more people from different cultures joining our community. We are working on building a local community there and we are working on developing the local language version of HEROCAT. Actually, Herocat now supports multi-language, including Vietnamese.

Question 4. Can you tell us about your team members? are they qualified and professional in their fields? what are the recruiting qualifications for team members for your extraordinary project? thank you….Is your project listed on coingecko and coinmarketcap or not?

There are two main sectors in our team. One is responsible for blockchain technologies, and the other focuses on game design and development. We have done a lot of in-depth research on blockchain and games, and we have a strong passion for them.

From PC games to mobile games, team members in the game sector have more than 10 years of R&D and operation experience. They have developed more than 30 games, mainly including MMO, RPG, FPS, MOBA, AR Game, TCG, and idle games.

In terms of the blockchain sector, most of our team members entered the digital currency industry in 2012. They witnessed the surge of blockchain. In the beginning, the BTC only values dozens of dollars, and there are only BTC and LTC in the market. At that time, our team members have started to research it. Some of them are also the victims of the MTGOX incident. In the past 9 years, the blockchain team has focused on the research and development of blockchain quantitative transactions, blockchain technology, AI algorithms, big data analysis, blockchain economic models, and public chains.

Question 5. Nearly 80% of investors only focus on short-term token price instead of understanding the real value of the project. Can you tell us the motivations and benefits for investors to hold your tokens in the long term?

Our team is devoted to creating an entire blockchain game ecosystem, and we recommend our users hold and use our tokens to make contributions to our society. Currently, we are working on extending the application of HCT. Users can use their HCT to upgrade their mining pets and increase their hash powers, to increase the mining output. HCT can also be used to purchase game items. In the near future, there are more game modes in which users can use their HCT. For example, HCT could be used in our Defi 3.0 program that is going to be launched in the future.

Please understand that our team always regards sustainability and quality as our goals. Please stay tuned and keep following us. We believe that our community is becoming better and better with the efforts made by our members and our team.

Here is the link of our website:https://herocat.io/

Whitepaper:https://faqen.herocat.io/

Twitter:https://twitter.com/HeroCatGameFi

Telegram:https://t.me/herocatgamefi

Facebook:https://www.facebook.com/herocatgamefiio

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