Altcoin Alerts x Legends Of Mitra AMA Recap
Altcoin Alerts Community had an Ask Me Anything session with Kena (Founder) from Legends Of Mitra on 6th Jan 2022
Segment 1: Legends Of Mitra Introduction & Q/A with Altcoin Alerts Team
Altcoin Alerts: Hey there Kena
Altcoin Alerts: Welcome to Altcoin Alerts Community
Kena: Thank you
Altcoin Alerts: Nice to have you
How is it going?
Kena: The Legends of Mitra team and myself are doing great. We are pumped for our upcoming IDO
Altcoin Alerts: That’s great!
Let us start with introduction.
Can you please introduce yourself & your journey in the cryptocurrency field? Also, please introduce Legends Of Mitra and its key features.
Kena: Hello everyone, my name is Kena and I am the CEO of Gem Studios, Gem Studios is the company building the Legends of Mitra game. We are currently 11 team members on a mission to bring F2P2E (Free to Play to Earn) games to both traditional gamers and blockchain gamers.
About myself, before starting Gem Studios, I started my career as a software engineer and entrepreneur in 2010 and have since built and sold two successful software companies. I got introduced to the blockchain ecosystem in 2015 and started actively contributing full time since 2018.
Legends of Mitra is an NFT strategy game which will be available on Android and IOS phones. You play in the game as a hero and your job is to defend MITRA from the evil Horde. In addition to your hero, you have access to Towers, Traps and powerful abilities to defend MITRA as you progress through the game.
Some of our key features are
- Engaging gameplay
- Free to play
- Play to earn
- In-build marketplace
- In-build guild system
- NFT Farming
Altcoin Alerts: Interesting
Legends Of Mitra will be available on Mobile and PC both. Please tell us more about it. When can we expect Game public test and final Game to be launched?
Kena: Legends of Mitra will be available first on Mobile devices (Android and IOS) and then later on PC. Play test will be available on 25th Jan, 2022 and mainnet launch will be in May this year.
Altcoin Alerts: That’s Exciting
Kena: yep, we have many many lineups coming and we will be announcing more in the coming weeks
Altcoin Alerts: Play to earn games are gaining huge attraction in many countries. As you mentioned above Legends Of Mitra is a “Free To Play” game. How much a player have to invest to start or while playing the game?
Kena: Players do not need to invest many money at all. Legends of Mitra (LoM) is completly Free to Play. When a user signups we give me 1 hero for free to start with. Hence they do not need to pay.
Altcoin Alerts: That means we can experience LOM free-of-cost
Kena: yes.. free of cost. Infact 0 cost to get started and enjoy the full game experience. All you need is to create an account
Altcoin Alerts: Good
For everyone who is now interested in investing in Legends Of Mitra, please share details about Token sale/IDO, Tokenomics, Partners and more.
Kena: Our IDO is coming in the next few days. To be specific on the dates below
RedKite — 9th Jan, 2022
Oxbull — 9th Jan, 2022
GameFI — 10th Jan, 2022
Whitelist spots have already been opened on the various platforms.
Please becareful, as our project is becoming popular some bad people are setting up fake groups and talking about IDO whitelisting. Make sure you are whitelisting on the official websites of the 3 launchpads I have mentioned above.
For our partners, here is a list of the already announced ones. We have many others in the pipe line we will be announcing soon
Tokenomics kindly read more about it in our whitepaper -> https://whitepaper.legendsofmitra.com/mita-token
Altcoin Alerts: Amazing
Segment 2: Twitter Questions
Q1. Legend Of Mitra (LOM) is a multi-chain strategy defense game built on the chains of Klaytn, Cronos, Algorand, Wax and Binance. Why Polygon & Solana missing?
Kena: Thank you, honestly there is no particular reason we don’t have Polygon and Solana, we selected the chains above based on our common vision with those chains,their speed, cheaper transaction fees. We also got a good amount of support from their tech and community. We will add more chains in the future and who knows we might have Polygon and Solana next.
Q2. Users are now choosing games with a Play2Earn function as a new way to earn money and increase their earnings. What is it about #LegendsOfMitra that makes them so appealing in terms of the money that may be won?
Kena: At Gem Studios we understand the importance of play2earn and believe that players needs to be properly rewarded for their time. So in LoM we have come up with a very interesting way of rewarding users, which is very different from all the other P2E games out there. We reward you purely based on your skills, performance and how long you play the game. So the more you play and improve your skills, the more rewards you earn.
Q3. As I understand, @LegendsOfMitra is also an economy in which ownership is totally decided by players. This is quite a different strategy to what we usually see from P2E games, so would you let us know how this mechanism is sustainable? What does the player “own” in the game?
Kena: Great question. In LoM, the player completely owns heroes they buy in the game and also all future NFTs they buy or earn in the game.
We also have a DAO system which we are yet to launch, this gives players the power to decide new features, heroes and other rewards we introduce in the game. Players or token holders are also able to decide how and what the LoM ecosystem funds are use for via the DAO.
Segment 3: Legends Of Mitra Q/A with Community
Q1. I am an EXPERIENCED DEVELOPER AND ETHICAL HACKER, does you have plans for HACKATHON so as to check the security of your ecosystem periodically and also invite developers to build?
Kena: Thanks @alona_bates , we do have plans to release an ethical bounty program where ethical hackers can report issues they find to us for reward. Please follow us on telegram and we will announce this as soon as it is ready.
Q2. Where can I buy your tokens right now what is your current contract and how can I buy them??” Will you have any other DeFI feature like staking, yield farm or NFT in the future?
Kena: Thank you. Our token has not launched yet but you can buy on the 9th and 10th of Jan by joining our IDO on RedKite, GameFi or Oxbull. We also have a staking feature and an NFT farming feature which we will be launching soon.
Q3. Is your project a community only for English speaking an countries or for users not of other languages?
Kena: Great question. We have other local communities and we are constantly adding new communities everytime. If you want to be a local community moderator kindly reachout to @CRKMitra. Currently here is a list of some of our local communities
India : https://t.me/lomindia
Pakistan : https://t.me/LoMpakistan
Q4. Do you have a Token Burning plan to increase Token value and attract Investors to invest?
Kena: Yes, we have various deflation strategies in our tokenomics to help control this inflation overtime. An example is we burn instantly 10% of all the transaction fees we collect on the platform. Please check our tokenomics here for extra information on this strategy : https://whitepaper.legendsofmitra.com/mita-token
Q5. I want to support your project, Tell us more about the Ambassador Program and in what ways can we participate?
Kena: Great we do have an ambassador program and you can learn more about it and also apply to join via this medium link -> https://legendsofmitra.medium.com/gem-studios-ambassador-program-8730cdc3977d
Legends Of Mitra Useful Links:
Telegram Group: https://t.me/LegendsOfMitra
Telegram Channel: https://t.me/lom_updates