Altcoin Alerts x Dreams Quest AMA Recap
Altcoin Alerts Community had an Ask Me Anything session with Steve Good (Co-Founder / Product Strategy & Operations) from Dreams Quest on 8th Nov 2021
Segment 1: Dreams Quest Introduction & Q/A with Altcoin Alerts Team
Altcoin Alerts: Hello Steve Good, welcome to Altcoin Alerts Community
Nice to have you today
Steve: HEY!
nice to see you all
Altcoin Alerts: Thanks for joining Steve
Steve: My pleasure thank you for having me!
Altcoin Alerts: Let us start with introduction.
Can you please introduce yourself & your journey in the cryptocurrency field? Also, please introduce Dreams Quest.
Steve: Yes let me tell you about me first.
I spent the majority of my career in fintech in sales and marketing and IT consulting. but something felt really broken about the whole industry, more time people fighting in house and only focussed on themselves
and what I realised was that i needed something far more fun and perhaps degen.
So back in 2016 I went full time into crypto and ended up doing quite a few things before getting into Dreams Quest.
I started doing what I knew best which was business and IT consulting, or what people in crypto called advisor and then expanded into mining, some youtubing, speaking at conferences and then eventually writing a book which became a #1 best seller on Amazon. But the real story for me was always about how to bring all of this amazing opportunity to other people in ways that would let me me an innovator like I had been in main tech world and I guess it just took until mid last year when I teamed up with my co founders to develop a game, basically first inspired by looking at real RPG games and looking at how DEFI works since my background was in the fintech space, the whole token economies always made sense to me and so Dreams Quest was born from some simple ideas that evolved over the past 18 months. And what we are building is a metaverse based economy where people can play to earn and also where it is free to start and play. It’s an RPG game where you can explore, go on quests and just play and have fun. Also battles, earning new game items, and finding items.
Every single game asset and item is an NFT. Every NFT is dynamic meaning it can change, evolve and improve and essentially we have started to develop something we are really excited about.
Altcoin Alerts: Amazing
Dreams Quest recently completed its IDO in October on RedKite, GameFi and DuckStarter. Please tell us about your IDO experience and major announcements/milestone till now. Where can one buy DREAMS token currently?
Steve: OMG working with these IDO platforms was really amazing
First off the people who run all 3 of these IDOs are all really passionate about GameFI. they all really take it quite seriously.
And we have achieved a lot more than that too as you suggested ;)
Recently we were invited by Binance to join their NFT marketplace. And how could we say no? Haha
So we started loading some of our game cards up to see what happens and they have been selling out within seconds. 5 rounds we have done and every card gone! its been crazy and so exciting.
We’ve also been working with The Sandbox to create our first ever game card which can also appear inside their game. It’s really quite cool. I am excited to it come out soon too.
And of course, we were accepted on Kucoin and listed last week. And it’s been amazing to see the wonderful support we got.
Dreams are currently on Kucoin and Pancake swap for now.
Altcoin Alerts: That’s great!
Dreams Quest (DREAM) Liquidity Providing Program is coming soon, please share more info on that.
Steve: oh yes this is super cool
We are rolling out 2 phases
The first one will be a fairly standard LP programme. Deposit your LP tokens and earn DREAMS but the 2nd phase is really cool. We are going to let users also earn an NFT each month for staking. The plan right now is to mint a chest each month so that you will be able to earn more game cards that can be used for game play later. The chests will be in 3 sizes so depending on how much you stake, the size of the chest will be bigger and every so often, someone might get a random magic chest which means you can get new stuff for life. a standard chest is just one use and there will be all sorts of things we add in those chests as we grow our own inventory of game assets. that’s what makes this so much fun.
The plan is to get the first phase out over the next few days. We are in final testing and debugging now along with getting it audited. We want to keep your coins safe so we audit everything first!
Altcoin Alerts: Lastly
When are we expecting Dreams Quest Initial NFT Offering, NFT Marketplace and Game Launch? Also, what are future plans, please share roadmap.
Steve: Well that’s a great question. So many different things going on for sure
First off we are working with Binance to do an IGO.
An IGO for them means a big launch of NFTs to do a secondary raise and also to get tons of users access to our cards. Along with that we will also be launching our own marketplace with our initial focus on selling our guardians which are unique cards that are enhancing player abilities rather than being actual cards for game play.
As for future plans, we are developing a mini game, some sort of battle based concept to show people parts of the whole game which will continue to develop.
What we will do is rollout small portions of the 3D imagery as we go so that people can begin to see the environment we are building and how realistic it looks and we will just keep adding to it from viewing it to then giving people access to play with it and then add in some of the game elements of a battle until we are able to give the starting points for 3d battle.
As you can imagine there’s a lot of stuff to develop so that’s why we will just release little bits at a time so that people can come on a journey with us to see what’s happening as it happens.
We want people to see how complex it is and also to be able to give us feedback as we go too so we are really excited to be able to show people what we are doing as we go.
It’s a lot of things to develop between music, sound, special effects, visual concept art, 3D art, 3D experiences and then letting people use it
so we can only ask for patience as we build this all.
but we will share as we go. That’s a promise!
Altcoin Alerts: Seems quite progressive
Segment 2: Twitter Questions
Q1. There is no further information about $DREAMS tokenomics. Could you explain about it? Especially about the utilities of the token? Does #DreamsQuest implement dual-token (Governance & In-Game Currency)?
https://twitter.com/edyhead/status/1457329710648610819
Steve: actually all of the information shared on our light paper which is https://overview.dreams.quest
the entire usage of the token is that its an in-game currency
that is how we got past the lawyers as well to get our token approved
every project must get a legal opinion
and the lawyers loved that our token really is just used inside the game to buy items and sell items much like playing other games with game resources
The governance however is our guardians. they NFTs
They are both card that enhance gaming ability AND have the voting rights for their realms. So while we do not have a DAO, we do have guardians for each realm, and they get to vote and suggest changes for their side of the realm including new competitions, new quests etc.
Q2. How can regular players earn while playing in DreamsQuest game? How is the income models does your game provide for Players? And What are the advantages of DreamsQuest game when compared to other popular Blockchain games in the market?
https://twitter.com/Moongirl9732/status/1457570335339909124
Steve: Well first off we want to enable players to all be able to start and play so we are designing a free to play element of the game so that players can get started’. Otherwise we see that it becomes an unfair model when its too expensive to play. Earning is achieved the same way as you would earn in a game like Diablo for example. You find chests, you grab stuff. you find items on the ground you take them. Your inventory is too full? You drop items.
Oh oops, the items are all NFTs? Well every inventory item is an NFT and every player will have limited inventory like any traditional game.
So… if you want to trade or sell items, you can go to the general store or find a merchant who will buy the items off you.
The fun part? If you want to fun a shop you can do that too! You dont have to play the game. You could just participate in the metaverse based economy….our dreams verse and you could be the one to run a shop and make money doing that too. So we want people to use their imaginations to see how they can play and earn.
DQ = ♾
Q3. I came across an interesting thing on your website, it stated ‘’ ‘Free random NFT card drops’ ‘’. From my understanding, this should promote the adoption of Dream Quest. Can you outline how users can be best positiones to be eligible for free NFT card drops now or in the future?
https://twitter.com/tanmoy284910957/status/1457570999679913987
Steve: hmmm Im not sure where that came from to be honest
But one thing we are doing are various competitions and also working with a variety of KOLs to do giveaways and such.
The best place to gain access to any giveaways/competitions is inside our discord.
https://discord.gg/dreamsquest
So my suggestion is pop on over there. Also we do a weekly roundtable with the founders every Friday!
So you can come and say hello. everyone is welcome to come and ask a question, we will stay as long as it takes to answer everyone.
Segment 3: Dreams Quest Q/A with Community
Q1. Why did you build Dreams Quest, what was the motivation for Dreams Quest to start this project? What is different about Dreams Quest project to attract investors’ attention?
Steve: 2 reasons we are doing this
- We wanted to build something truly magical and beautiful. a world you an explore and really enjoy being inside of it.
- A place where you can earn from your time and hard work. there are too many games where people spend so many hours to level up and their effort is worthless. so we want to create a way to play to earn and to help you all create some financial freedom.
Q2. What are the steps to become a part of your community, and start getting revenues? Where do we buy, where do we sign up? This looks like an amazing project.
Steve: The best way to “sign up” is just to join our discord server. All of our main announcements start there AND when we gamify or create ways to earn they will always be in discord simply because there are many ways to use discord that can’t be done in telegram.
Once our minigame is playable to earn then you will be able to jump in and earn and meanwhile we are trying to gamify discord to give people some early access ways to earn a bit from game play through some “games” in discord. Still some technical work to do there but we are trying to find some ways to make it so you can earn.
Q3. How I can become Merchant in Marketplace? What are the requirements required to become Merchant?
Steve: OMG best question EVER! Honestly thank you for taking the time to really look at what we are doing.
Well what I will tell you honestly is that we are still working out how to do that since the battles is phase 1 development and the merchants side is phase 2. but if you PM me, then we can make sure you are on the list for future announcements when we start working out how to get people onboarded as merchants.
Q4. Could you elaborate on how would the in-game dynamic NFTs get effected by the other factors and what impact is it gonna have on the price and game economy?
Steve: Sure so one factor would be weather! imagine you go into a battle and then a storm comes. a lot of rain and its cold.
but your character isn’t good in cold an rain. do you have spells you can cast to counter it? do you have some abilities you developed to cast a new weather?
That’s just an example but we are looking to make this fun and unexpected too!
Q5. 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?
Steve: Our target market is south east asia along with growing economies where people like gaming and want to earn such as India, South America, Russia, and Turkey just to name a few.
We really want to encourage everyone to come and try and play.
Dreams Quest Useful Links:
Website: https://dreams.quest
Telegram Group: https://t.me/dreamsquesttavern
Telegram Channel: https://t.me/dreamsquestnftann
Twitter: https://twitter.com/DreamsQuestNFT
Facebook: https://www.facebook.com/DreamsQuestNFT
Instagram: https://www.instagram.com/dreamsquestnft
LinkedIn: https://www.linkedin.com/company/dreamsquest
Reddit: https://www.reddit.com/r/dreamsquestnft
Discord: http://discord.gg/dreamsquest
Medium: https://dreamsquestnft.medium.com
YouTube: https://www.youtube.com/channel/UCGoNyLF27LbfZZDopoBeucw/featured
GitHub: https://github.com/DreamQuestNFT
Litepaper: https://overview.dreams.quest
Altcoin Alerts Useful Links:
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Telegram Channel: https://t.me/Altcoin_Alerts
Twitter: https://twitter.com/Altcoin_Alerts
Instagram: https://instagram.com/altcoin_alerts
Medium: https://altcoin-alerts.medium.com
