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 PolkaPets and our guests were @chasstanton, @D3V3LIN, and @FritsTheGnome?—?representative of PolkaPets. The AMA took place on the 25th 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
Mary | Satoshi Club:
Hello Satoshi Club! We are happy to announce our AMA session with PolkaPets! Welcome to Satoshi Club??
D. | Satoshi Club:
Today our guests?—?@chasstanton @D3V3LIN @FritsTheGnome!
Happy to have you here!
Frits Gnome:
Happy to be here ??
Mary | Satoshi Club:
Welcome to Satoshi Club ??
D. | Satoshi Club:
How are you doing guys?
Frits Gnome:
We are doing great! Excited for our upcoming $PETS launch ??
D. | Satoshi Club:
Cool! it will be a big event ??
Mary | Satoshi Club:
Hello and welcome here ??
‘Chas’ Stanton | BondLy CMO:
Great to be here!!
Mary | Satoshi Club:
So, we can start our AMA ??
We are also happy to have you here today!
D. | Satoshi Club:
Let’s getting started it! ??
Mary | Satoshi Club:
Guys, could you please introduce yourself and tell us more about PolkaPets??
‘Chas’ Stanton | BondLy CMO:
Of course! I’ll step in here, I’m Chas?—?CMO of PolkaPet World (often called PolkaPets, although those are the NFTsnot the project!). I come from a strong marketing background including KPMG, BUPA, and The National Lottery, and our team is hugely experienced across crypto, NFTs, and e-commerce.
The World of PolkaPets goes beyond just collectible NFTs. Within the PolkaPets Universe, each PolkaPet is embodied as an artistic creation that represents a specific project within the Polkadot ecosystem.
The $PETS token is the utility token used to engage with PolkaPet World products and services offered in partnership with PolkaPet project partners, as well as allowing governance rights and access to exclusive sales.
I’m joined today by our Head of Community Engagement @D3V3LIN and also @FritsTheGnome from our engagement team
Julien ‘D3V3LIN’:
Hi everyone
Frits Gnome:
Hey everyone
Mary | Satoshi Club:
Who’s idea was to create PolkaPets? How long was your way from idea to current days???
‘Chas’ Stanton | BondLy CMO:
The idea for PolkaPets was actually originally from a junior member of our team, Megan, Who our community knows very well! The concept was simple?—?instead of doing just another NFT pets project why don’t we add utility and involve projects across the Polkadot ecosystem? The idea really took off and many months later we’re still going strong with the launch of our new $PETS token!
Fun fact, PolkaPet World was originally going to be called ‘PolkaPeto’…
Mary | Satoshi Club:
Brilliant idea! Megan is very creative ??
‘Chas’ Stanton | BondLy CMO:
The concept is still central to the ethos of the project, we want our partners to help our community explore everything Polkadot has to offer through the use of NFTs with utility (END)
Mary | Satoshi Club:
Awesome concept!
Who are in your team? Is it big?
Frits Gnome:
Here they are:
‘Chas’ Stanton | BondLy CMO:
Yes our team crosses many different areas and extends even beyond this graphic
Mary | Satoshi Club:
Wow, nice picture ?? i see that you have big international team!
‘Chas’ Stanton | BondLy CMO:
we all have a background in NFTs from working at Bondly, a popular NFT technology project behind PoplkaPet World
Mary | Satoshi Club:
Yes, Bondly is cool??
‘Chas’ Stanton | BondLy CMO:
Doug Ferguson is our most famous face, former Senior VP of Product Design at Pokemon for 16 years!
Frits Gnome:
He even has his own Pokemon card ??
Mary | Satoshi Club:
Incredible! You got the best team members!
‘Chas’ Stanton | BondLy CMO:
We’re very jealous… (END)
Mary | Satoshi Club:
Thank you, guys, for this awesome intro! Now we can dive deeper into the details with the questions from our community ?? Are you ready?
‘Chas’ Stanton | BondLy CMO:
Born ready!
Q1 from Telegram user @Jmagsss
Polkadot had recently announced the launch of its parachain auctions that will commence during the second week of November this year. Given that Polkapets’ main goal is to participate in the Polkadot ecosystem and partnering with some of the top projects built on Polkadot, does this mean Polkapet will also engage and participate in the parachain auction? Is this initiative part of your plan/roadmap? Does the nature of your project need this feature?
‘Chas’ Stanton | BondLy CMO:
Great question! We’re working closely with our partners at Moonbeam/Moonriver as we plan to launch our $PETS token on their platform, in partnership with popular Moonriver DEX Solarbeam. In future we will also be looking at ways to further integrate our products and services into Polkadot through a partnership yet to be announced!
We wouldn’t be bidding for our own parachain slot at this stage as we can do everything we need and more through this method (END)
Frits Gnome:
https://polkapetworld.medium.com/pets-token-from-polkapet-world-to-launch-on-moonriver-in-partnership-with-solarbeam-84c368ba417a
Mary | Satoshi Club:
So, you currently don’t need this feature. At what stage of your development you will probably need?
‘Chas’ Stanton | BondLy CMO:
It’s not currently on our roadmap but we won’t rule it out in the future depending on the barriers to obtaining a parachain slot?—?at the moment the advantages do not measure up to the cost and liklihood of winning an auction
Mary | Satoshi Club:
Gotcha ?? thank you for your answers! Ready to proceed?
‘Chas’ Stanton | BondLy CMO:
we’re very happy with the product and services offered using Moonriver and our future partner TBA (END).
Q2 from Telegram user @Ask4Unik
I learned that players will be able to pair the polkapets against each other in competitive gameplay. Players will earn rewards by winning tournaments and completing storyline tasks? I’ve seen other projects, make an interactive gaming system for gamers to interact with themselves, does polkapets have same advantages? Players will also earn rewards by winning tournaments that are amazing,what about players that looses but regularly participate in the game, what benefits does polkapets project have for such players? Will they also earn $PET token rewards? Will these games be played in casinos or it’s only accessible in gaming centers and mobile devices?
‘Chas’ Stanton | BondLy CMO:
Wow that’s a biggie!
Mary | Satoshi Club:
?? take your time
‘Chas’ Stanton | BondLy CMO:
We’re certainly looking to introduce games with a degree of competitive play, more details will be announced in the coming months (as per the roadmap on polkapet.world), but yes we’re very much moving into a P2E space and being backed by Animoca Brands we’re perfectly positioned to capitalise on partnerships with some major gaming brands within their portfolio. I can’t comment on specific elements of gameplay yet but i’ll certainly ensure your feedback reaches our game designers as i agree it would benefit gameplay
The plan is certainly to use $PETS as the token earned for gameplay! (END)
D. | Satoshi Club:
Btw the game will be available, right after token launch?
‘Chas’ Stanton | BondLy CMO:
Our roadmap shows our planned launch dates for games ?? (END)
D. | Satoshi Club:
Got it! thank you for sharing ??
Mary | Satoshi Club:
As I see game demo will be available soon?? what is the difference between the demo and beta version? Can you explain this to our users? Aren’t these the same things?
‘Chas’ Stanton | BondLy CMO:
Haha yes you’re right, there is no difference?—?we plan to showcase the game in November but won’t be able to play it just yet as there will be some final gameplay tweaks based on community feedback?—?we want this to be as engaging as possible (ENDS)
Mary | Satoshi Club:
Understand ?? thank you!
Ready to go to the next question?
‘Chas’ Stanton | BondLy CMO:
Q3 from Telegram user @victorogb
Talking a little bit more about your Pets, from the available 5 pets on offer, I discovered that players need an average of 2000 $PETS to get one combat NFT and gaming access. On paper, this requirement seems a bit on the high side. Therefore, can you thoroughly explain the process of Pet training, how can users conveniently carry out this task without spending too much, and since the aim is to get one combat NFT, are their rewards attached to this operation? If so, can you outline some of them?
‘Chas’ Stanton | BondLy CMO:
Yes this is a really good question?—?the pricing highlighted in the Litepaper for Pet training isn’t final so don’t worry, it was indicative only. Pet training elements will be released in time as there will be partner involvement to this, pet utility will always be tied to its project (i.e. MANTRA DAO pet with MANTRA DAO, the project) and we want training to encourage participation with that project
D. | Satoshi Club:
Do users need to invest some funds in the game, to get ‘better’ pets or to have some advantages against other players?
‘Chas’ Stanton | BondLy CMO:
There will be an element of staking for an opportunity to evolve pets yes, we want the utility of the $PETS token to be relevant to the utility of the PolkaPet NFTs. That said the aim isn’t that this becomes a ‘Pay to Play’ scenario, certainly not to the extent that you need to spend lots to participate.
Actual game mechanisms and pricing will be announced nearer the time and we hope our players will be happy with the model we’re buidling ?? (END)
Mary | Satoshi Club:
Thank you for your answers! Ready to jump to the next question???
‘Chas’ Stanton | BondLy CMO:
Certainly!
Q4 from Telegram User @Arisabela
On your website you mention that users can receive profits for using partner products, participation in the Polkadot ecosystem through your partnerships sounds very important, can you explain to us how this works? Are the buyers of $PETS token who benefit from this collaboration between partners? Could you give us some examples of these benefits?
‘Chas’ Stanton | BondLy CMO:
Yes absolutely, we’ll be launching a brand new App on polkapet.world very soon and our partnerships with our PolkaPet projects will mean one of 2 things:
- We can offer exclusive NFTs and rewards in partnership with that project by staking $PETS in one of our pools
- We can use $PETS to incentivize users to participate in project protocols, for example, a parachain auction for a project could incentivize $PETS holders to participate by providing an additional reward in $PETS (this is an example, not an announcement…!)
That’s the beauty of PolkaPet World as a project, it’s made stronger through collaboration with our partners, and the two work in harmony (END)
D. | Satoshi Club:
Your NFTs will be available for trading on some NFT marketplace?
‘Chas’ Stanton | BondLy CMO:
Yes of course! They’re already available to purchase on OPENSEA (opensea.io/collection/polkapets
D. | Satoshi Club:
Oh nice!
Mary | Satoshi Club:
A lot of owners?? congratulations!
D. | Satoshi Club:
And they look cute ??
Mary | Satoshi Club:
Yes, very cute!
‘Chas’ Stanton | BondLy CMO:
Yes! We have a really active community already, our token is the evolution of the project but our Polkapets have been around since February this year
Mary | Satoshi Club:
Community us fuel for a project ??
D. | Satoshi Club:
Mary | Satoshi Club:
Thank you for your answers! Ready to go to the next question???
‘Chas’ Stanton | BondLy CMO:
Q5 from Telegram User @Emidm28
A few days ago you shared with the PolkaPet community the announcement of a PETS token airdrop, where you will distribute a gift of 24 PETS tokens for each and every first edition Polkapets NFT we hold. It’s a wonderful way to reward PolkaPet early supporters. What day will this airdrop take place? What are the other requirements besides having the NFT in our wallet? What day was the wallet snapshot taken?
‘Chas’ Stanton | BondLy CMO:
Great question! Firstly all details can be found in our dedicated article here:https://polkapetworld.medium.com/polkapet-world-announces-pets-token-airdrop-38b2348e4f8f
But I’ll summarise ??
Each PolkaPet will receive, in total, 120 $PETS tokens?—?however the first airdrop snapshot took place on August 30th to reward our ‘OG’ community who held the pets in their wallets BEFORE we announced the token airdrops. These tokens will be sent 2 weeks after TGE (24 tokens per pet owned)
Mary | Satoshi Club:
As I see you will have more airdrops coming soon ??
‘Chas’ Stanton | BondLy CMO:
There will then be TWO FURTHER AIRDROPS of 48 $PETS each, which will go to whoever owns the PolkaPet around the time of the airdrops, one on 28th December 2021 and one on 28th January 2022
Frits Gnome:
‘Chas’ Stanton | BondLy CMO:
Ah-ha, thanks @FritsTheGnome !
Mary | Satoshi Club:
Satoshiclubbers ?????? you know what to do??
We love airdrops here??
‘Chas’ Stanton | BondLy CMO:
You’ll see there are even MORE airdrops if you have a full set of PolkaPets, a bonus of 500 $PETS tokens to come on 28th December.
You’ll need to own the full set of 24 PolkaPets for that one…
Get collecting while they’re still available!
Mary | Satoshi Club:
I think your pets would be a great decoration for any collection??????
Thank you for your answers! Ready for the 6th and last question from this part???
D. | Satoshi Club:
This is interesting, so if I hold this NFT I might get a chance to receive many NFT from projects built on Phala in the future?
Mary | Satoshi Club:
I feel someone already interested ??????
D. | Satoshi Club:
‘Chas’ Stanton | BondLy CMO:
Yes absolutely, each project has rewarded holders of their pet in different ways. Some have already dropped tokens, others have yet to. Many utilities are yet to be announced, one really good one recently was that owners of a Moonbeam Pet NFT got an allocation of $GLMR tokens on launch!
D. | Satoshi Club:
‘Chas’ Stanton | BondLy CMO:
In the case above then yes, Phala have indicated rewards for owners still to come… ??
(This is the Moonbeam pet!)
D. | Satoshi Club:
?? big thank you for answers! let’s move to the next question! ??
Mary | Satoshi Club:
Guys, I promised to stop buying NFTs??
But I feel i will break my promise again??
‘Chas’ Stanton | BondLy CMO:
Q6 from Telegram user @Jamesxmen
In 2022 year, You intend to migrate to BSC space by adding more mini-games in to PolkaPets project. Could you please give a sneak peek at the cross-chain interoperability function? In addition to BSC chain, When will you add Polygon layer 2 solutions to PolkaPets project? Can users buy your NFTs in BEP721 version in the future?
‘Chas’ Stanton | BondLy CMO:
They’re super cool i promise.
D. | Satoshi Club:
But these NFTs with functions (not just beautiful pictures) that means they are supercooled ??
Mary | Satoshi Club:
That’s why…?? Yes, i know what to do)
‘Chas’ Stanton | BondLy CMO:
We’ll release more details on this cross-chain development in the future, at the moment the intention is that our project is accessible to more and more audiences across multiple chains?—?we can’t comment on exactly HOW yet because… well, it’s a secret ??
As a clue, this project is called PolkaPets because it’s operating on Polkadot…
D. | Satoshi Club:
Gotcha ??
Q1 from Telegram user@Hello8903
Does your token have a maximum supply? What are some of the utilities of your tokens and why should anyone buy/hold them?
‘Chas’ Stanton | BondLy CMO:
Token supply is 100M, with very small inflation of 2%. The utility will be through our DeFi products, our PolkaPet NFT games, and through our partners. This promo video will give you some sense of what’s to come!
Q2 from Telegram user @Jonathantross
In November Month, You have planned to Launch the PROTOPETS, Can you tell me More about the PROTOPETS and What is the Main Role and Purpose of PROTOPETS in Ecosystem?
‘Chas’ Stanton | BondLy CMO:
Yes, great question! Our Protopets are in effect ‘Pets in waiting’, we want to extend our model of PolkaPets without necessarily adding every single project to the collection (as it would quickly become too vast!). With Protopets we can trial new characters and concepts and let our community vote on whether a ProtoPet becomes a PolkaPet! You decide…
Q3 from Telegram user @Rinkus987
Really, POLKA PETS has Renowned Partners and Investors Like ANIMOCA BRAND, MANTRA DAO, GAMEFI,REDKITE, and many more, Will you tell me How these Big Names are had contributed to the Polka Pets Ecosystem ?
‘Chas’ Stanton | BondLy CMO:
We have many investors and partners, the distinction is that our investors have provided financial backing and guidance for the launch of $PETS where our partners are actively involved in creating their respective PolkaPets and providing them with utilities related to their project.
Having Animoca Brands as a major backer is certainly important for our future development as we hope to create more value for our NFTs and token through the integration of our IP into projects associated with their porfolio?—?current and future!
Q4 from Telegram user @cryptoflower13
Who designs the PolkaPets, are several proposals designed and then voted on or do the projects create their own PolkaPets?
?? How many PolkaPets have been created to date?
‘Chas’ Stanton | BondLy CMO:
Great question! We have a hugely talented art team led by Doug Ferguson (of Pokemon fame) and they design our pets. There are currently 24 ‘original’ pets although we have a few special edition pets (such as the upcoming Fenix pet on the Bondly Launchpad IDO tomorrow) which are super cool.
The process for design is consultation with each project, and we look to incorporate elements of each project into the pet characteristics. Community votes will be applicable in future via the ProtoPets model, where new projects have the chance to become PolkaPets following community vote.
Q5 from Telegram user @nayeemhh
Do you have any ??
- Telegram Group??
- YouTube channel??
- Tiktok Channel??
- Tweeter Channel??
For this project? From where we can learn?? something? Please share with us link.??
‘Chas’ Stanton | BondLy CMO:
- https://t.me/polkapetworld
- Not yet!
- https://PolkaPet.World
- https://discord.com/invite/VnGHEjMvV9
- https://twitter.com/PolkaPets
You can learn all about us through our website and also our Medium page: https://polkapetworld.medium.com
Q6 from Telegram user @Pratze
There is already so many NFT game with blockchain right now, what makes PolkaPets can reach the top and be different from other similar NFT game project? What is your strength?
‘Chas’ Stanton | BondLy CMO:
We believe our project is truly unique because each limited edition pet (there’s only ever 1200 of each) is connected to a specific Polkadot project and comes with special perks and utilities. From entry to the Zendit Launchpad with your MANTRA DAO pet to a free VPN router with your SpiderDAO pet, PolkaPets have always tried to surprise and delight buyers.
Projects like Polkamon of course have similarities (we came first!), but it’s the partnerships and utilities each pet brings that really make this project a hidden gem. If you’d owned a Moonbeam pet you had exclusive token pre-sale allocation, how cool is that?! Better than just a JPEG…
Q7 from Telegram user @bungtotoo
Do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?
‘Chas’ Stanton | BondLy CMO:
We have no plans for any token burns at this point but we certainly won’t rule it out in the future, potentially linked in some way to gameplay.
Q8 from Telegram user @Nonerlike
Do you have any apps launched or products available? what will be the use case of $PETS so that investors should hold?
‘Chas’ Stanton | BondLy CMO:
Yes, we will be launching our PolkaPet DAPP on our website within the coming weeks where you’ll be able to stake your $PETS to earn tokens and NFTs, as well as merchandise (TBA). The utility of the token is far greater from our partnerships than for many projects.
Q9 from Telegram user @xperia3
Thousands of people, only one question……. Wen Binance?
‘Chas’ Stanton | BondLy CMO:
Haha, we can’t comment on CEX partnerships but we have plans to launch on a number of exchanges?—?we’ll just have to see…
Q10 from Telegram user @Mercury654
I want to Know about Various Benefits , I will get If I decided to STAKE My $PETS TOKEN
in the Ecosystem, and What is the Official Way to buy the $PETS TOKEN?
‘Chas’ Stanton | BondLy CMO:
You’ll be able to buy our token upon launch on the 28th of October (This Thursday) on the Solarbeam DEX (solarbeam.io).
Our contract address is 0x1e0F2A75Be02c025Bd84177765F89200c04337Da?—?import to your wallet now! ??
In the final part, we tested your knowledge in terms of PolkaPets. They’ve prepared 4 questions for this part. The total reward pool for the quiz was 300$.
For more information and future AMAs, join our Social Media channels:
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PolkaPets Telegram community: https://t.me/polkapetworld
http://polkapet.world
