Binapet x Satoshi Club AMA Recap from the 22nd of August

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Binapet and our guest, @BinapetMia. The AMA took place on the 22nd of August.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$.

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1?—?introduction and questions from the Telegram&WebSite

Mary | Satoshi Club: Hello Satoshi Club! We are happy to announce our AMA session with Binapet! Welcome to Satoshi Club

Today our guest is @BinapetMia.

Mia: Thanks! This is Mia from Binapet, in charge of marketing. I feel pleased to come to Satoshi Club!

Mary | Satoshi Club: Hello, happy to e-meet you

How’s going?

Mia: Nice to meet you! Yeah we are doing very well, today the token of Binapet, BPET, hit Top 1 token trading volume according to coin98 wallet status!

Mary | Satoshi Club: Awesome

Mia: Thanks, we are also excited about that. We just launched our game officially in about 10 days, and achieved a lot, thanks to our great community!

Andres M. | Satoshi Club: Congratulations for the achievement, well deserved

Mia: Also glad to get in Satoshi Club to introduce us to you!

Mary | Satoshi Club: Soooo…. Let’s start our AMA

Mia, could you please introduce yourself and tell us more about Binapet?

Mia: Yeah sure! I am Mia, in charge of marketing in Binapet. Binapet is an NFT game and decentralized yield farm application. We have superb developer team and are planning to build the best DeFi NFT Game.

Also as you know, BPET is our token. In the game ecosystem, BPET is used to buy “dragon eggs” and “props”. Also players can exchange their dragon eggs and dragons in Binapet marketplace, which of course also use BPET to do the exchange.

Mary | Satoshi Club: When did the development of Binapet started?

Btw, I saw your site and liked your dragons so much!

Mia: Thank you a lot! Actually, we have a very superb development team and the team members have rich experience in game and blockchain.

We have incubated our idea for making, the great Binapet DeFi NFT game, for long.

Andres M. | Satoshi Club: What inspired you to focus on dragons and NFTs?

Mia: We really want to make a great game, and that is why our game is totally fair and fun, you can see that the team can not mint and have not pre-mines, we want to build an amazing game for people around the world!

Also, from the name Binapet, you can see that there is a close relation between players and dragons, each dragon is NFT asset, very unique!

Players can play smart to breed strong dragons and on the other side, their unique dragons can gain profit and even battle for the player to win more.

Andres M. | Satoshi Club: Great aim

Mary | Satoshi Club: Mia, thank you for your intro! We choose 6 questions for the first part of our AMA

. Are you ready for them?

Mia: Yeah, ready to go!

Q1 from Telegram user @orlemys:

I read that joining Binapet not only entertains you, but also generates a lot of profit. I’d love to participate, so I’d like to know if there’s an initial investment to be made to be able to play the game, and also what’s the difficulty level and rewards for beginners? There are many popular games right now, like Axie, so would you tell us how do you compare to them and how’s your profit system better? Also, what’s your current NFT price range? How’s the growth like and what’s the best NFT to invest in your platform?

Mia: Thank you for our great question, I can see that you have a passion for NFT gaming, that is exactly what we are doing.

Well you are absolutely right, in our game, dragons can gain a lot of profit for players. So the initial investment is to buy an ancient egg in Binapet shop.

You can use the egg to hatch the dragon, then you can pledge the dragon in farm to gain reward. Also we are going to launch battlefield in next week, so that you can even gain more in battlefield after winning battles.

For beginners, Binapet is very easy to go, and we have a very good profit ecosystem for all players. For example, you buy ancient eggs in shop, and the 95% revenue from the shop will go back to reward pool for all players.

Also all players can freely trade NFT asset, we have very active marketplace.

As you can see, we are having a very healthy ecosystem, and there are 5 levels of dragons in the game for now, it varies from common to higher levels like epic dragons.

For example, the ancient egg is about 1200 BPET for now. You could hatch a common dragon out of an egg, and you can breed higher level dragons by yourself, and you can sell to gain or you can keep it. For now in marketplace, the highest price is about 70000 for a rare dragon.

Mary | Satoshi Club: Is the number of ancient eggs limited?

Mia: We do not set limit of ancient egg because we do not need to do that since we will put 95% of egg selling revenue back to the reward pool for all our community players for them to get more reward back.

So it is a very healthy ecosystem, the team can not mint, and have not pre-mined as well. The more the shop sells eggs, the more revenue comes back to player’s reward pool, and we will keep marketing to invite more players in.

Andres M. | Satoshi Club: Do you have plans to have your own mobile app? Or is it currently running?

Mia: For now, our game has already launched and it is very easy to access and play in player’s mobile phone, players can use mobile wallet to enter game.

Andres M. | Satoshi Club: Got it

Thanks for the clarification

Mary | Satoshi Club: Thank you for your answers, Mia! Ready to proceed?

Mia: Yes I am ready!

Q2 from Telegram user @UplineStephen:

I noticed also from your website that, only 5% of the exchange fee goes to the team. And even that 5% for the team is still used for long term project development. The 95% left all goes to the community as a reward. My question then is, as a team, how do you generate profit from this project then? Do you have some reserved token specifically for the team which can serve as a revenue for you? I’m curious about this.

Mia: Thank you for your great question, we did not pre-mined or pre-reserved the BPET token, also team can not mint any BPET, as you can see, the team only takes 5% of the revenue. Why we take so small percentage? That is because, first, we are truly blockchain believers, also we have full confidence in Binapet game, we are working for long term game ecosystem.

We truly believe that we could work our best to make Binapet the best game in the world, you can only earn some when the cake is big enough.

We do not want to take large percentage for a small business, we are aiming at making a big enough cake, delicious for every one.

Mary | Satoshi Club: Can you tell us more about Binapet team?

Mia: Yeah sure, as you can see, we just started presale of BPET on 12 August, and all presale sold out in just 5 seconds. Also we just launched our game for like 10 days, today we have reached top 1 trading volume according to coin98 wallet statistics.

We have a very good team, the developers are very experienced and also we have community moderator from 5 language speaking regions globally.

Andres M. | Satoshi Club: There are different categories of dragons, could you explain the features of each one?

Mia: Yeah I would love to! We have 5 levels of dragons, and each dragon is born with one element, there are 5 elements in total, they are: gold, wood, water, fire and earth.

Dragon eggs are bred by players into five levels: common, senior, rare. legendary and epic.

As you can see, the game is very fun, players can use eggs to hatch dragon, also can breed dragons to higher level.

Yes, dragons are born with energy points, different energy points can win reward proportionally in farm when dragon is pledged in NFT farming.

Andres M. | Satoshi Club: Completely agree, it sounds exciting

Could you share some designs of the dragons?

Mia: Would love to, players can play smart and really can win big by only starting with small investment.

You can see your dragons are gaining profit every day in NFT farming and we are having battlefield soon next week, dragons can win more in battles.

This is a design showing our dragon, very cute!

Andres M. | Satoshi Club: Fantastic

, thanks for share it.

Mary | Satoshi Club: Is your team public?

Mia: We have a big team, and like a lot of good decentralized projects, we are anonymous team members from all around the world!

Mary | Satoshi Club: Gotcha

Mary | Satoshi Club: Thank you for your answers! Ready to go to the next question?

Mia: Yes ready!

Q3 from Telegram user @Jmagsss:

Would you care to explain more deeply how does your battle algorithm works especially for automatic battles? What are the factors that affects the outcome of each match? What do you recommend for us to upgrade and focus on to increase our chances of winning?

Mia: Thanks for asking, I can see you are a Binapet player, thanks for supporting us in early stages

This is a really good question, we will release all details next week about battlefield, what I would like to suggest is that, you can strengthen your dragons with the battle attributes.

You can see that there are attributes of dragons including attack, defence, speed, health, all these attributes work and can play an important role in game.

We could get our cute dragons prepared before the battle

Mary | Satoshi Club: What is the most expensive dragon which was sold on marketplace?

Mia: Thank you for asking, actually in marketplace, players can trade freely as they want. I can see that the most expensive dragon on shelf in marketplace now is a rare one, that is level 3, about 70000BPET.

Andres M. | Satoshi Club: That’s more than 10k$

Mary | Satoshi Club: I mean completed trade

Do you have such stats?

Mia: Haha thank you for asking, actually I think a lot of players will reserve the most rarer by themselves.

Smart players will conserve very rarer dragons in their own hands because they know that the rarer the dragon is, the more profit dragon will bring!

Andres M. | Satoshi Club: Btw, do you have any clan system into the game? To play with friends.

Mia: Thanks for your great advice, for now we have released NFT farming, next week is battlefield, and in the future, we will release more gaming

Stay tuned!

Andres M. | Satoshi Club: You are at the beginning yet

Thank you Mia for your answers, next question is coming ready to go?

Mia: Yes ready to go!

Q4 from Telegram user @DK177:

Although you have passed the recent audit conducted by Solid Proof, the owner of your project still has not renounced ownership. According to the audit report, the function of renouncing ownership is partly verified. What is the reason behind this delay? Do you solve this issue and re-audit the platform in the near future? How do you assure that there will not be unwanted interventions from the owner when the project is running and raising funds?

Mia: Thank you for asking the great question, we already completed audit by Solid Proof before the launch of game as we promised. We have chosen a very good audit partner.

As you can see that we have promised our community to complete audit in presale, and we did everything according to our promise

We did not delay in that

Andres M. | Satoshi Club: Great job, security first

Mia: Yes security comes first, this is a fair and secured game with a lot of fun!

Mary | Satoshi Club: Yes, we see, but what about not renounced ownership?

Mia: Actually in my opinion, Binapet is a decentralized NFT game, from our tokenomics you can see that, 95% project revenue come back to reward pool for all players, the owner or Binapet is all our community members.

Andres M. | Satoshi Club: Currently, how can we buy BPET tokens?

Mia: It is very easy to get BPET from pancakes.

Andres M. | Satoshi Club: Pancakeswap?

Mia: For now BPET has listed on Pancakeswap, ZT global exchange, CMC, CG.

Andres M. | Satoshi Club: Great names, congrats to your team

Mia: Thank you and thanks to all our community players! They know this is a good game and fair game, in which they can earn profit and have fun. Also play smart to win big rewards.

Mary | Satoshi Club: Actually CMC and CG isn’t DEX or CEX, it’s only cointrackers

And my congratulations with this listings!

Mia: Yes because these 2 can bring a lot of traffics, and players can check that, so we added them in the list.

Mary | Satoshi Club: Sure

Andres M. | Satoshi Club: Well, are you ready to know the 5th question?

Mia: Ready to go!

Q5 from telegram user @JaviSuBs:

Hello Binapet, collectibles and games are very fashionable these days and we are seeing games that say that one is better than another. In Binapet I see that there is something different, that are pet dragon breeding. My question is, how many dragons do I need to be able to raise a dragon egg? And what level must the dragon have to be able to raise the egg and what is the proper level or in what state must the dragons be to be able to reproduce? And what is the possibility of raising a dragon that is stronger, with a higher level than our reference dragon. Is this possible in Binapet?

Mia: Thank you for asking the good question.

Actually it takes only one ancient egg to hatch a dragon out of it. And you can choose to use 2 of your dragons as parent dragons to breed out a new dragon.

In this way, parents dragon will be gone and you will get the chance to have a higher level egg which will probably hatch a higher level dragon.

The higher level dragon means higher attributes upper limit, means can gain and win more.

This is the probability chart for your reference:

And yes, the rarer one of the 2 parent dragons will work as reference dragon.

Andres M. | Satoshi Club:

Mary | Satoshi Club: To breed a dragon I should only have two dragons or also pay something?

Mia: Just use 2 dragons to do the breeding to have a whole new egg. Just pay the gas fee in breeding is ok.

Mary | Satoshi Club: Super!

Mia: Yeah it is a fun game, I could still remember the first time I bred a senior dragon out of 2 common dragons, really make me excited.

Mary | Satoshi Club: I don’t have doubts

I played such kind of games and it’s really exciting.

Andres M. | Satoshi Club: Haha definitely I want to try

Mary | Satoshi Club: Thank you for your answers, Mia! Ready for the 6th and last question from this part?

Mia: Yep, really exciting!

Q6 from Telegram user @Cheriemike:

You have already provided NFT farming on your platform in which players can pledge dragons in the farm to gain rewards of BPET. My question is, what is the maximum/minimum amount of $BPET token a player needs to stake and what is the charge fee for staking or farming on your platform? What is your farming APY? And I will like to know, does your staking works with POS consensus mechanism to ensure that nodes validators act in good faith?

Mia: Thank you for your good question, we do not set limits for the maximum/ minimum amount of BPET. As long as players have one dragon, they can pledge the dragon in the farm and gain reward in NFT farming.

Also the APY formula is that:

Reward per block (include ancient egg) x dragon current energy / dragon energy full capacity x 28800 (daily block produce) x 365/dragon price ( common 0.3bnb, senior 0.6bnb, rare 0.9bnb…

You can see that the upper limit the dragon has, the more APY it can gain. That is why a lot of players are breeding to higher level dragons to gain more.

Also we are a Dapp on BSC.

Also we have checked the record of the highest traded dragon in the marketplace, it is about 75000 BPET!

https://bscscan.com/tx/0xa6255507569a23285504043ce8a56331ae358326c4af7be2a2a264a00125ca20

Mary | Satoshi Club: Wow

Thank you for sharing!

Mia: It is our pleasure

Andres M. | Satoshi Club: Thanks for the explanation, could you share your roadmap with us? We are excited to know what else is coming

Mary | Satoshi Club: How many players approximately do you have now?

Mia: Great to introduce Binapet to you, this is a great game!

Andres M. | Satoshi Club: Well @BinapetMia, the time to interact with our community has coming, the live segment of the AMA, I hope you are prepared to receive a ton of great questions

Mia: Yep really look forward!

Mary | Satoshi Club: Let’s go

Part 2?—?live questions from the Telegram community

Mia: First we can use BPET to buy ancient egg then we can start the game to hatch a dragon out of egg.

Also we have marketplace in Binapet, all players can trade their assets freely in BPET. And you can buy props in shop for coming battlefield.

Q3 from Telegram user @K2ice:

What are the necessary requirements to breed a dragon?

Mia: This is very easy, just start from buying one ancient egg in Binapet shop, and when you have 2 dragons you can breed to higher level.

Q4 from Telegram user @potentialsake:

Do you plan to list Binapet DeFi NFT game on Binance?

Mia: Of course we are aiming at it, we have long term development plans.

Q5 from Telegram user @LuisPagulayan:

During the starting of the game, how many pet dragons I am allowed to hold, and if this initial pet that I have, upon getting new ones, can I dispose it to get a different one? But first, how do I get these pets? Do I need to buy it, or earn it through continual gaming?

Mia: It is easy to go, can start from owning an egg from shop. And there is no limit of holding dragons.

Q6 from Telegram user @vedamatrix:

Where and how can I buy “dragon eggs” and “props” from exactly?

Mia: You can enter Binapet Dapp from your wallet and then click shop, you can buy it easily. Also can exchange BPET in Pancakeswap.

Q7 from Telegram user @surendra040:

I am new to your platform, what mobile wallet can I play your NFT game in mobile? Do you support METAMASK or not? Is it free or should I need to pay?

Mia: No need to pay for that. For example, it is easy to use Trust wallet, TokenPocket wallet to play. Of course supports Metamask.

Q8 from Telegram user @messilolz:

Do you have a community for non English speakers? What are your plan for expanding your community and how important is community for you?

Mia: Yes of courses, we have non-English community like Indonesia, Vietnam, Chinese etc. We are working very hard to expand our community. For example, we are doing 5 AMA in coming week and plan to do one AMA in an Arabic community.

Q9 from Telegram user @Amila19932:

Are you a global project or a Chinese project? We all know that DRAGON is a very favourite in China. Can everyone all over the world join BINAPET? And you have a Chinese telegram group already. Do you prefer the Chinese community? What are the plans on making local communities on other countries?

Mia: Thank you for your great question, yes, dragon is popular in eastern countries. Also dragons are very popular in western countries, for example, you can see dragon image in blizzard games

Also we have community members all around the world, we have planned to build our community in different languages to support our players in non-speaking regions.

Q10 from Telegram user @sscpaster:

As I see the game is already launched. Can you tell us how can I access on the game? What are the requirements and do I need to invest first?

Mia: Thanks for your great interest, it is easy to access, here are the links:

• https://t.me/binapetcn
• https://t.me/BinapetMalaysia
• https://t.me/BinapetIndonesia
• https://t.me/BinapetVietnamese
• https://t.me/BinapetPhilippines

Part 3?—?Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

• English Telegram group: https://t.me/Satoshi_club/
• Russian Telegram group: https://t.me/satoshi_club_ru/
• Spanish Telegram group: https://t.me/satoshi_club_spanish/
• Telegram Channel: https://t.me/satoshi_club_channel/
• Twitter: https://twitter.com/realsatoshiclub/
• Website: https://esatoshi.club/

Our partners:

• Website?—?https://binapet.com
• Channel?—?https://t.me/binapetchannel
• Telegram?—?https://t.me/binapet
• Twitter?—?https://twitter.com/binapet
• Documents?—?https://docs.binapet.com
• Games?—?https://binapet.com/m/#/shop