Altcoin Alerts x FuruKuru AMA Recap
Altcoin Alerts
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6 min read·
Oct 5, 2021
Altcoin Alerts Community had an Ask Me Anything session with Suhas Motvani (Product Consultant) from FuruKuru on 5th Oct 2021
Segment 1: FuruKuru Introduction & Q/A with Altcoin Alerts TeamAltcoin Alerts: Hello Suhas Motvani
Welcome to the community
Great to have you here
Suhas Motvani: Heya 👋
Thank you for hosting us :)
Altcoin Alerts: It’s my pleasure to host you
So, how is it going?
Suhas Motvani: Well tbh haven’t got good sleep for last few nights :)
But no complaints!
How is Altcoin Alert fam doing?
Altcoin Alerts: Doing quite good
Let us start the AMA with introduction.
Can you please introduce yourself & your journey in the cryptocurrency field? Also, please introduce FuruKuru.
Suhas Motvani: I am Suhas and I am currently based out of Europe working with PepsiCo Global, helping their FP&A team. On the side, I manage one of Asia’s largest volunteer-driven Product communities (TheProductFolks).
As a part of team FuruKuru, I take care of product execution flow, advising & media.Inshort bringing Furu & Kuru to life ❤️.
AS per my crypto journey, tbh i was far away from Crypto and NFTs until late 2019. It took me awhile to even grasp the overall understanding of value in crypto. Since 2017–2019 I was a no-coiner. And when I started my investment journey in crypto I mostly burnt my hands than make profits. But I was enlightened by the NFTs and how they can create a new revenue model and incentives to the virtual world and hence i was introduced to our co-founder who wanted to create a land for furukuru.
INTRODUCING FURUKURU
Furukuru is a fun P2E Tamagotchi and racing game on the public blockchain.
Who, what is FuruKuru?
Furu & Kuru are two cute, lovable and cuddly beings which inhabit Furukuru land.
The land where happiness, companionship, friendship has no bound!
Just a simple idea to create an escape to a complete new world.
Where users nurture their companion furukurus, play with them and have fun :)
And not just that, users earn $FUKU tokens!
And $FUKU tokens are used for power ups, breeding and many more things.
Furu & Kuru, are your companion who shall live with you forever and ever after :)
Altcoin Alerts: Seems indulging.
Please tell us about all the features FuruKuru has to offer to the crypto/blockchain gaming sector and its audience like Play2Earn game, NFT Breeding etc.
Suhas Motvani: Furu & Kuru are collectables (NFTs) and they are packed with various traits and rarities of their own.
And hodlers of these NFTs make earning of $FUKU tokens by nurturing the FURUKURU, Playing Racing Game, Farming and exploring the map.
$FUKU land is one of its own kind when it comes to current NFT gaming.
$FUKU, as an utility token has many own features
being in-game currency, staking/farming and governance aspect.
Altcoin Alerts: Amazing!
Can you please share with us the use case for FURU token? How FURU token will benefits the FuruKuru game players and token holders?
Suhas Motvani: As I iterated above, the $FUKU token is designed as utility token.
How’s functionalities involves, being an in-game currency.
i.e: You would need $FUKU token to race, raffle, unlock items, feed and take care of FURU KURU.
And as you play the game you ll earn $FUKU tokens.
Thus engaging player to passively earn by just playing the game.
Apart from the post launch we do plan to open farming/ staking program thus people earning more $FUKU tokens.
Altcoin Alerts: Lastly
FuruKuru is the 2nd IDO on AvaXlauncher. For everyone who is interested in FuruKuru, please share more details on IDO. Also, share your Tokenomics, Initial Marketcap, Partners, Backers etc.
Suhas Motvani: We are absolutely pleased to announce that we ll be the second project that will be launching on AvaXlauncher and on AVAX chain.
The more details about the IDO can be found here in the tweet:
https://twitter.com/AvaXlauncher/status/1445311113638207490?s=20
Tokenomics:
Total Supply: 200B
Initial Circulating Supply: 3.25%
On TGE Mcap: *96K$ only*.
Blockchain: AVAX
To learn more about who investors and backers please follow our announcement and twitter channels :)
📱Telegram: @furu_kuru
📱Twitter: https://twitter.com/furu_kuru
📱Website: https://furukuru.io
Segment 2: Twitter QuestionsQ1. According to your website, the FURUKURU game only has 2 characters: FURU and KURU. How do you ensure that your gameplay isn’t boring even if you only have 2 characters? And do you have any plans to add more characters in the future?https://twitter.com/abdulazzam1505/status/1445245611461132288
Suhas Motvani: As the FUKU land expands you shall see many things not just furu kuru. Maybe your apes, cats and toads start popping up and creating their own place :D
So initially it would be about furukuru but any erc721 standard NFT can also be a part of FUKU land on AVAX chain.
If I am not wrong we’ll be the first NFT gaming on AVAX
Q2. Could you provide some details about FuruKuru’ roadmap and target in 2021 and 2022? How do you plan to attract and gain more users for your project, any giveaway, referral or stacking program
https://twitter.com/tuan_iker/status/1444820283769049089
Suhas Motvani: Yes, we are right on the timeline executing our todos.
The latest upcoming roadmap milestones are:
Staking Program, NFT Characters Launch, Game Storyline in Q4 2021
Further updates on Roadmap can be found on furukuru.io
and our social media platforms
Q3. As we know, famous games like Axie Infinite use a dual token mechanism, in order to prevent inflation or large sales of their main token. Will your project use the same mechanism and Create two tokens with different roles? If yes, please share with us the details
https://twitter.com/Meziprayoga1/status/1445214967439847424
Suhas Motvani: This is very interesting case study for us. It wouldn’t be wrong we do take some inspiration from Axie infinite and other NFT gaming.
ATM we start with $FUKU as the absolute token and collectables for the game. As we gain tractions and stats based on the community suggestions and traction we shall consider the governance token. Also if you look at the AXS and SLP, we do have about 200B token supply which are designed to fixate the supply which wasn’t the case of Axie Infinite. Further details on this could be shared on our community calls which we will roll out periodically on our community rooms :)
Segment 3: FuruKuru Q/A with CommunityQ1. Why did investors should buy and hold your token/coin in the long term?
Suhas Motvani: No no no, don’t just buy and hodl!
Play the game and earn :)
As I mentioned above $FUKU token opens great possibilities and in-game opportunity for hodlers :)
Q2. How big is your team sir? Can I more know your team and team background , are you an anonymous team or public?
Suhas Motvani: Team of 6, all full timers. Consisting of co-founder Renuka is based out of Ireland and an IISc alumni
who gained immense knowledge in the crypto landscape over a period of time. From consulting, investing and venturing into crypto projects in early 2017 to snapping wonderful photography. Here, fulfilling her passion for NFT’s with furukuru by creating a whole new world.
Ali is our UX wizard who is taking care about the furukuru land and designs.
And then we have super all nighter tech team of 3 who handle web/mobile app, full stack and blockchain development.
Q3. Mint Furu is scheduled to be coming soon. So can you tell us more about Mint Furu? Can we use this for NFT? And For what purpose we can use it?
Suhas Motvani: We are launching SOON! Oct 12th <7 days to go!
https://twitter.com/AvaXlauncher/status/1445311113638207490?s=20
Q4. Revenue is an important aspect for all projects to survive and maintain the project/company. How have you been able to build a complete project and what is the way to generate profit/revenue of the token? What is the income model?
Suhas Motvani: We have in-game fee which will be our revenue generation as aspect. Part of which could be used to token burn or backback based on the stats.
Q5. How can the COMMUNITY supports and help in the success of your project?
Suhas Motvani: Community and users are crucial part for furukuru!
By referring more users and making them play the game, adopt furukuru and word of mouth would help us set a mark in this industry :)