PlanetSandbox x Satoshi Club AMA Recap from 29th of October

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 PlanetSandbox and our guest was @minh_planetsandbox?—?representative of PlanetSandbox. The AMA took place on the 29th of October.

The total reward pool was 500$ and has been split into 3 parts.

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

Part 1?—?introduction and questions from the Website

Gold Rocket | Satoshi Club:

 Greetings dear Satoshi Club ??!

We are pleased to announce AMA with PlanetSandbox.

Jonah ???? | Satoshi Club:

 Our guest today is @minh_planetsandbox

Hello welcome to Satoshi club.

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Hello everyone!

Thank you @Jonahapagu for introducing and giving me the chance to this wonderful community.

Gold Rocket | Satoshi Club:

 Hi! Nice to e-meet you ????

How are you doing???

Jonah ???? | Satoshi Club:

 You are welcome.

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 It’s quite busy but very great these days with me and my team.

Gold Rocket | Satoshi Club:

 We are really excited about the upcoming AMA with you! please tell us a bit about yourself and a brief intro about the project please??

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Sure @GoldRocket27

I’m Minh?—?CEO of PlanetSandbox project.

The project is a Game NFT base that has 2 tokens $PSB and $PULV.

Both of them are BINANCE Smart Chain-based.

Planet Sandbox is a game that combines building and real-time PvP game mode. Players can build their own worlds or join intense fighting mode using NFT weapons and accessories.

The project’s vision is to create a metaverse built and controlled by players. It can serve a wide variety of players. Not only to earn but also to enjoy the game.

Gold Rocket | Satoshi Club:

 Yes today the metuniverse is a hot topic in crypto.

Minh | CEO Planet Sandbox [Never DM First For Fund]:

Gold Rocket | Satoshi Club:

 Also, we would like to know more about your team. Who is on the project team core?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Our team currently has 25 members offline and more than 30 workings if included remotely.

 They are passionate developers who want to make great games for users. Leaders are more than 8 years of experience in the game industry and 2 years+ with blockchain.

Gold Rocket | Satoshi Club:

 These are very beautiful and high-quality graphics!

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Our advisors are Thi from Icetea Lab, Eric from Exnetwork, and Larry from Basic Capital.

We are also having 25+ partner VCs, Media.

Gold Rocket | Satoshi Club:

 Is your team anonymous?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Not, we are all public.

This is my portfolio.

https://minhnh.tech/ and LinkedIn

https://www.linkedin.com/in/hoangminhnguyen/ Checkout project VCs list here:

https://finance.yahoo.com/news/planet-sandbox-raises-1-5-144355547.htmlGold Rocket | Satoshi Club:

 You are handsome ????

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Haha, thanks.

Gold Rocket | Satoshi Club:

 Real dream team??????

Tell us about the benefits of PlanetSandbox. How is it different from others?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 The game will be an ecosystem with different types of players, but all will benefit.

First, take a look at our game economic system with different player roles:

First: You can be the Land Owner, build your own world, build a game mode for others to participate in, and profit according to the participation. Therefore, if you do well and are creative enough to attract players, you can make a huge and sustainable passive income.

Second: You can be a shop owner, selling consumables such as ammunition, gasoline, character skins, and lots more

Just own a shop NFT, and you will be shared profit with the whole system.

Third: If you already own a shop or land, you can run for a place in the Planet Council of Players. They are the people who will decide the general laws, taxes, and fees of all land.

The last: What if you have no initial investment, no problem, you can join the game as a warrior, participate in game modes, beat other opponents, and receive game incentives through the quest system, leaderboard, and loot box.

Gold Rocket | Satoshi Club:

 I like that you think through every detail. such desalination is amazing??????

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 If you’re not a gamer, you can enjoy the trading system with holder token $PSB, $PULV.

Staking them for interest.

Trade or hold NFTs item, which can be used in the game.

Like Land, Shop, Gun, Building…

Gold Rocket | Satoshi Club:

 Thanks for a great introduction, we have several questions which were selected for the 1st part. Ready to start?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Yes, please.

Q1 from Telegram User @chinyere2020

According to your roadmap, “Sale NFT items”, “Token Starts Trading” and “Staking $PSB” will all take place in October 2021(which is this month). Have all these been launched already? If yes;

 -Where and how can users buy NFT items? What is the least amount that an NFT item can be bought for?

 –Where can users start trading your token now? Which exchange is your token listed on?

 -What is the minimum time required for users to lock their $PSB tokens? Will the yield be fixed or it will depend on certain factors? What are the use cases/benefits of $PSB token?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Great question ??

Too much text until now.

I want to share our trailer.

Relax and enjoy everyone.

https://www.youtube.com/watch?v=dlZf2Wmhn0M While you’re seeing the trailer.

I will answer this one.

Jonah ???? | Satoshi Club:

 Wonderful.. ??

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Token already IDO and also listed on Pancake Swap. You can trade and hold for now. I think it’s a good time, for now, the project will release much news in November

About Staking, the contract is ready, we’re finalizing the audit step. But I’m afraid the staking launch plan will be delayed to the very start of November until it’s all secured.

Gold Rocket | Satoshi Club:

 Can’t stopwatch this promo??

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 The Alpha version is playable but the dev team sees that version still things need to polish, so we keep working on it. The team will announce exactly the time to roll out soon.

In-game footage.

Gold Rocket | Satoshi Club:

 We are looking forward to the launch and hope that you will share with us when it happens.??????

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Yes sure.

Gold Rocket | Satoshi Club:

 Thanks for your great answers

Ready to proceed to the next question?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Yes, please.

Q2 from Telegram User @Billz120

Planet Sandbox- you did say planet sandbox is a virtual world where players can play, build, own, and monetize their virtual experiences, empowers artists, creators, and players to build the platform they always envisioned, providing the means to unleash our creativity. I’m curious to know how exactly Planet Sandbox would enable players like myself to monetize my virtual experience? Could you please explain to me also how Planet Sandbox as a virtual World intends and how exactly it has provided the means to which to unleash our creativity under its ecosystem?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 As your question, I would start with the Land Owner role. Who created their world in a 3D environment and apply game rules to PvP mode. When the game economic structure is developed fully and ready for everyone. There will be mixed reality experiences coming in one by one in the ecosystem. There will be some plans that I can reveal for now. Like:

• The first personal shooter game experience with VR glass.
• Showing land and owned NFT items as AR on your phone camera.
• Replace your face on your 3D character in-game.

That’s some. Combining all of them into one big system needs time to plan and develop. Also hardware support. It’s should take all the time of the Planet Sandbox development team for the whole next year for the Game Metaverse experience

 All of them are stick with $PSB, which is a DAO governance token, by renting features, game participant fees into Land.

Jonah ???? | Satoshi Club:

 Wow, Exciting features.. ??

Talking about Hardware.. are you working on releasing your own hardware products?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 I’m not sure about that. there are many strong hardware companies for now and they do good on their side. We want to focus on software and based on them.

Jonah ???? | Satoshi Club:

 Great Thank you for your Answers…

Ready for the Next question?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Yes, please.

Q3 from Telegram User @UniqueVicky

I am particularly interested in the gameplay and building mode, one of the core function of planet sandbox is that it provides features where it empowers, artists, creators, builders, and players to build the platform they always envision, this platform provides the means for them to unleash their creative power and talent and even monetize them while playing, they are even provided a builder tool to customize every object in their inventory, and many more features. With such outstanding knowledge and talent, is it okay to conclude that players will most definitely need to acquire at least these skills in other to enjoy the full features of this game? How are they pre-mined? Since these skills are the most useful can we conclude that there are the rarest? What about players who do not have creating, building, or these artistic skills, how can they participate and benefit from your project, is there a provision for them?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 We do want to include a flexible system enough for the player to spread their creativity. But the build will support many game modes. Which can just be fighting as deathmatch or strategy like an impostor or last survival mode.

If you own land, you can pick whatever game mode and set the rule for your world. Planet Sandbox provides you with a tool for creativity but does not require it for a good income Land.

On the other hand, if you did not own land, you can earn tokens for free. Just act as the warrior role in our, place yourself in the leaderboard or get the reward from the quest, daily reward.

Gold Rocket | Satoshi Club:

 Thanks for your answers?? do you have any guides or instructions for beginners?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 If you’re not the gamer type. you can hold tokens, stake them for interest or trade our NFT item, which is used in the gameplay.

Gold Rocket | Satoshi Club:

 I have a small gaming experience, but I would like to try ??

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 For sure, for the in-game, we have a tutorial section.

 For the other system, we made many articles to join our system on the channel

https://planetsandbox.medium.com/https://twitter.com/planetsandboxJonah ???? | Satoshi Club:

 Earning a token for free sounds nice.

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Always welcome ??

Jonah ???? | Satoshi Club:

 What will be the requirements for the warrior role to earn for free?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 There is a very important requirement.

It’s your time.

Just spend it with us.

Jonah ???? | Satoshi Club:

 Awesome… Time =Token in this case ??

Gold Rocket | Satoshi Club:

 Yes, it is an invaluable resource today??

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Haha, correct.

Gold Rocket | Satoshi Club:

 Thanks for clarifying.

Let’s proceed to the next question??

Q4 from Telegram user @victorogb

A look at your economic model as it relates to platform tokens and token utilities, states that PlanetSandbox will adopt a dual token structure with $PSB being the major platform token with a max supply of 100 Million, and $PULV acting as an inflationary in-game reward token. Been that $PULV will be fully functioning as an inflationary token with no maximum supply, should players be worried about the value and liquidity of their $PULV tokens and assets? How can players exchange their $PULV for the more tradable $PSB? Since both tokens allow players to participate in the DAO, may we know the minimum token requirements for this?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Planet Sandbox team understands your worries. many games are facing this issue for now, so that, we design the system which has auto burn included in the smart contract. You can see the economic system again.

There will be a certain quantity of token burn aside mint action. both of them work together to keep the token prices stable.

Gold Rocket | Satoshi Club:

 Thanks for your answers.

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Moreover, we do have a buyback event that burns $PULV or NFT items which out of game meta and have no value in the future.

To be clear, only $PSB is DAO governance token, $PULV is in-game token support game economic. both of them are token and tradable on the exchange, so don’t worry about their liquidity. They can be exchanged for any other coin or fiat money.

Gold Rocket | Satoshi Club:

 Please tell us about your tokenomics?

Jonah ???? | Satoshi Club:

 What Fiat currencies do you currently support?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 I mean they can exchange or trade P2P on the Binance or another hub.

Jonah ???? | Satoshi Club:

 Oh. I get it

Minh | CEO Planet Sandbox [Never DM First For Fund]:

https://drive.google.com/file/d/1231HjfdpF0Ep1niBj8KNagWzkMR7txHS/view Here we go.

Jonah ???? | Satoshi Club:

 Thank you for sharing.

Gold Rocket | Satoshi Club:

 Thanks for sharing! Ready to proceed to the next question?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

Let’s go ??

Q5 from Telegram User @Cheriemike

Sandbox owners can customize their land with limitless building items and design game modes for others to join and play. The land will become a business where players can sell or earn passive income through the marketplace. Can you tell us the various possibilities given to owners to build on diverse sceneries and landscapes? You also said the game will include other planetary environments like the Moon and Mars. Does that mean you will introduce VR/AR in these particular games? And what will be featured in it? Kindly share more details on that Thanks

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 About the “diverse sceneries and landscape” question, There is a certain quantity of land that will be sold on the marketplace with 5 different scenery is Grass, Desert, Mountain, Toxic wasteland, Arctic. (they are now having their own name after our Naming Contest ?? community are really smart).

Each released land will be having a unique landscape and terrain. Also, the build tool gives you both default build items from a developer and NFT items from the marketplace. So you can build anything by yourself!!

Check out our web showcase here

https://play.planetsandbox.io/ You can experience mountain land, for now,

All other environment is rolling out….

Other planetary environments mean different scenery and atmosphere.

Jonah ???? | Satoshi Club:

 Apart from these 5 is there the possibility of having more Land types?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Like landscape, gravity, heat, mist…

Pretty sure is yes. even other plan lands.

Remember our name: Planet Sandbox.

Jonah ???? | Satoshi Club:

 Yeah.. a planet of many lands ??

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 The VR/AR is not in a particular game, they are in the game’s eco-system.

Support player experience, as I answered in before question ??

All the world in your hand!!

Gold Rocket | Satoshi Club:

 Yeah… The world is mine??

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Did you see our character before? just want to show you one of them.

From concept.

To 3D model.

Gold Rocket | Satoshi Club:

 Did it seem to me, or does he look like you? ??

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Haha, maybe.

Except for 6 packs.

Jonah ???? | Satoshi Club:

Thank you for your Answers…

Ready for the Last Question from this part?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 I’m ready.

Q6 from Telegram User @KathDM

Just a few days ago Planet Sandbox announced the PSB Staking Program, which offers a high APR of up to 32.46%. How much is the minimum time for which we can stake? Can we choose to unstake at any time? Once we unstake, how long will it take to receive our tokens? Do we have to pay a fee if we decide to unstake before the specified time? What benefits do users who stake the PSB token receive?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 There are 4 staking pools, each has a different committed staking duration: 15 days, 90 days, 180 days, and 365 days.

The APR, minimum & maximum staking limit per user and pool cap of each pool is also different. Please refer to this table for details:

Gold Rocket | Satoshi Club:

 What pool will you use?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 Yes, members can unstake anytime. However, if you unstake in advance, only the principal amount will be returned to your account and you will not be able to redeem your interest, as well as the early-birds prize if applicable.

I believe in my long-term plan for the project. If joined, I would pick the longest one haha.

Gold Rocket | Satoshi Club:

 I support the idea????

Jonah ???? | Satoshi Club:

 So patience is the Key here

Gold Rocket | Satoshi Club:

 And now, if you want, you can share useful links to your social networks before the open chat with our community

Minh | CEO Planet Sandbox [Never DM First For Fund]:

 There are three benefits of joining our staking program:

 1/ First merit is the very attractive APR (annual percentage rate). The longer you stake, the higher the interest rate you are eligible for. Instead of letting your $PSB sit there ineffectively, you can utilize them to stake with us to earn even more $PSB.

 2/ Secondly, the whitelist for the Alpha test program is another perk of staking. Even though this advantage is not available for pool 15 days, for pool 90 days you only need to stake at least 2000 $PSB to be eligible for the whitelist of Alpha test. For pool 180 days and pool 356 days, the whitelist is automatically distributed to stakers of these pools. 

 3/ Last but not least, we also have incentives for early birds. For the first 10 stakers of each pool, we will reward them 50 $PSB each. This amount will be added to the total amount to be unstacked at the end of the pool’s duration.

I agreed.

Checkout our official channel here:

https://planetsandbox.io/https://planetsandbox.medium.com/https://discord.gg/zwpC6EAatVhttps://twitter.com/planetsandboxhttps://t.me/planetsandboxhttps://t.me/planetsandbox_annGold Rocket | Satoshi Club:

 ?? UPDATE: Final stage and preparing for launching ?

 Loading 95%

 ----------

?? Gameplay

 You?—?a warrior, with other players holding melee weapons and exploring around to find loot boxes to open weapons. You can use that weapon against players in the area.

 Note that loot boxes only appear in the game test. In the official version, you can buy the NFT weapon you like to fight and earn.

Stay tuned for more updates! ??

https://twitter.com/PlanetSandbox/status/1454011748080443399) PSB’s Tweet

https://twitter.com/PlanetSandbox/status/1454011748080443399 ?? PLANETSANDBOX ???—?

 LET’S BUILD, PLAY, EARN TOGETHER ! ??

???? Follow all our channels :

 ?? Website (https://planetsandbox.io/) ?? Medium (https://planetsandbox.medium.com/  ?? Youtube (https://bit.ly/3DId2KI) ?? Discord (https://discord.gg/zwpC6EAatV  ?? Twitter (https://twitter.com/planetsandbox) ?? Telegram (https://t.me/planetsandbox  ?? Announcement (https://t.me/planetsandbox_ann  ?? Whitepaper (https://docsend.com/view/wm76umky6wbzqwmxMinh | CEO Planet Sandbox [Never DM First For Fund]:

 Thank you ??

Gold Rocket | Satoshi Club:

 Can I leave this here too? @minh_planetsandbox

Thanks a lot for this amazing first part of AMA. I am impressed??????

Q1 from Telegram user @Kushal85127939

How can I purchase other person’s creations of NFTs in form of accessories, weapons, fighters, etc which can be used in planet sandbox games? Do I have to go to the third part marketplace or do you guys have set up your own for this purpose?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

Yes, you can, currently, we will collab with others marketplace to trade the NFT. The first NFT sale will contain a very exclusive weapon which never sale ever again.

Q2 from Telegram user @Rakshhitx5

I feel the next trend will be Metaverse as Facebook has also entered. So Planetbox has Big opportunity to rock the stage. So what are you expecting what will be the future of Metaverse? Please share your thoughts on the future of Metaverse.

Minh | CEO Planet Sandbox [Never DM First For Fund]:

People do not really understand the metaverse term yet even it’s very famous.

Because they don’t have a chance to experience the metaverse feature right now, or any software support enough.

We do want to be one of the first platforms to provide the reality function.

Q3 from Telegram user @m_ahdh_i

Do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

Sure, we do have an auto burn system but will be manually burning events. Not only token but also the NFTs item which out of game meta and less value.

The first sales are exclusive and never happen again.

Q4 from Telegram user @Orlemys

On PlanetSandbox we can be “Real-Time Shooters”. But as we know, blockchain games can still be very slow and lag a lot. How do you ensure a smooth gaming experience? Also, is there a social model? Can we chat with other players in real-time? Can we have teams, and battle real people?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

Don’t worry about that, the slowdown only happens when your transaction the token. in-game play, there is no transaction happen. Only in the battle result.

 There will be chat text and voice.

Q5 from Telegram user @Phunsuk9999

In November month, You have planned to Release the NFT Marketplace, May I Know More About the NFT MARKETPLACE and What will be the Key features of this MARKETPLACE?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

It’s 3rd marketplace. They are popular and easy to use with users. 

 The mystery boxes are the main item for this sale.

Q6 from Telegram user @csgonub

I want to invest PlanetSandbox project in the near future but I don’t know which wallets do you support?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

It’s BSC and you can swap now on Pancake Swap.

Q7 from Telegram user @Gemshunter22

You have Dual tokens $PSB and $PULV. Can you tell me more about its use case and what is the best to buy and hold?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

$PSB is governance token, also Stake program and buy NFT

On the other hand, $PULV is an in-game token.

Q8 from Telegram user @highpee

I read of your ALPHA TEST and that you will have two game mode which is BUILDER MODE and SURVIVAL MODE. Can you give a preview of these two game modes? How will members and anxious players be able to get whitelisted to try out your game features at this ALPHA STAGE?

Minh | CEO Planet Sandbox [Never DM First For Fund]:

Staking $PSB will be the easy ticket for whitelist in the game alpha.

There will be 3 leaderboards and a reward pool for each role (land owner, warrior) when you enjoin the game.

Q9 from Telegram user @barisbektas1

Minh | CEO Planet Sandbox [Never DM First For Fund]:

We do have a leader board for the player contests with each other, each time leaderboard consumes, the top player will get a special reward like NFT or a certain quantity of tokens.

 Other than that, game inventive is giving out throw daily login, quest, achievement…

Let’s wait.

PvE mode will support the team up to fight the NPC boss.

Otherwise, PvP let you fight other players.

In the final part, we tested your knowledge in terms of PlanetSandBox. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.

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

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 PlanetSandBox Telegram community: https://t.me/planetsandboxhttps://twitter.com/planetsandboxhttps://planetsandbox.io